Pangaea Logistics Solutions (PANL) Current Leases (2017 - 2026)
Pangaea Logistics Solutions (PANL) reported Current Leases of $1.0 million for Q1 2026, down 64.84% on a YoY basis from $2.8 million in Q1 2025, and down 51.83% sequentially from $2.1 million in Q4 2025.
Pangaea Logistics Solutions (PANL) Current Leases (2017 - 2026) Analysis & Trends
Pangaea Logistics Solutions (PANL) has 10 years of Current Leases data on file, last reported at $1.0 million in Q1 2026.
- For the quarter ending Q1 2026, Current Leases fell 64.84% year-over-year to $1.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.0 million (down 64.84% YoY), and the FY2025 full-year result was $2.1 million, down 27.0% from the prior year.
- Current Leases retreated to $1.0 million in Q1 2026, from $2.1 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $22.0 million in Q1 2023 to a low of $1.0 million in Q1 2026.
- A 5-year average of $12.1 million and a median of $16.4 million in 2022 frame the typical range for Current Leases.
- Across the five-year window, Current Leases soared 133.65% in 2022 and plunged 86.86% in 2025, its largest moves.
- Tracing PANL's Current Leases over 5 years: stood at $16.4 million in 2022, then plunged by 81.73% to $3.0 million in 2023, then declined by 4.87% to $2.8 million in 2024, then decreased by 27.0% to $2.1 million in 2025, then plunged by 51.83% to $1.0 million in 2026.
- Business Quant data shows PANL's Current Leases at $1.0 million in Q1 2026, $2.1 million in Q4 2025, and $2.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | ZIM Integrated Shipping Services | 2,960,137.46 Bn | 2,960,136.54 Bn | 57.20 Mn | - |
| 2 | Danaos | 2,538.66 Bn | 2,537.78 Bn | 203.71 Mn | - |
| 3 | Sfl | 1,572.07 Bn | 1,571.92 Bn | 66.27 Mn | - |
| 4 | Capital Clean Energy Carriers | 1,437.00 Bn | 1,436.46 Bn | 95.52 Mn | - |
| 5 | Globus Maritime | 59.56 Bn | 59.53 Bn | 8,083.00 | 356,000.00 |
| 6 | Kirby | 8.11 Bn | 8.03 Bn | 291.34 Mn | 45.77 Mn |
| 7 | Matson | 6.27 Bn | 6.17 Bn | - | 125.30 Mn |
| 8 | Intercont (Cayman) | 3.96 Bn | 3.96 Bn | - | 3.28 Mn |
| 9 | Hafnia | 3.72 Bn | 3.61 Bn | 152.41 Mn | - |
| 10 | Pangaea Logistics Solutions | 480.80 Mn | 391.06 Mn | - | 1.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.00 Mn |
| Dec 31, 2025 | 2.08 Mn |
| Sep 30, 2025 | 2.54 Mn |
| Jun 30, 2025 | 2.84 Mn |
| Mar 31, 2025 | 2.84 Mn |
| Dec 31, 2024 | 2.84 Mn |
| Sep 30, 2024 | 14.24 Mn |
| Jun 30, 2024 | 21.48 Mn |
| Mar 31, 2024 | 21.64 Mn |
| Dec 31, 2023 | 2.99 Mn |
| Sep 30, 2023 | 21.97 Mn |
| Jun 30, 2023 | 21.97 Mn |
| Mar 31, 2023 | 21.97 Mn |
| Dec 31, 2022 | 16.37 Mn |
| Sep 30, 2022 | 16.37 Mn |
| Jun 30, 2022 | 16.37 Mn |
| Mar 31, 2022 | 16.37 Mn |
| Dec 31, 2021 | 14.48 Mn |
| Sep 30, 2021 | 14.48 Mn |
| Jun 30, 2021 | 11.32 Mn |