Pangaea Logistics Solutions (PANL) Current Leases (2017 - 2026)

Pangaea Logistics Solutions' (PANL) quarterly Current Leases came in at $1.0 million in Q1 2026, down 64.84% year-on-year from $2.8 million in Q1 2025, and down 51.83% quarter-over-quarter from $2.1 million in Q4 2025.

Pangaea Logistics Solutions (PANL) Current Leases (2017 - 2026) Analysis & Trends

Pangaea Logistics Solutions has disclosed Current Leases across 10 years of filings, most recently posting $1.0 million for Q1 2026.

  • Current Leases for Q1 2026 came in at $1.0 million, down 64.84% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.0 million (down 64.84% YoY), and the FY2025 annual result was $2.1 million, down 27.0% from the prior year.
  • Current Leases came in at $1.0 million for Q1 2026 at Pangaea Logistics Solutions, down 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.
  • The 5-year median for Current Leases is $16.4 million (2022), against an average of $12.1 million.
  • Across the five-year window, Current Leases soared 133.65% in 2022 and slumped 86.86% in 2025, its largest moves.
  • Pangaea Logistics Solutions' Current Leases stood at $16.4 million in 2022, then tumbled by 81.73% to $3.0 million in 2023, then fell by 4.87% to $2.8 million in 2024, then slipped by 27.0% to $2.1 million in 2025, then tumbled by 51.83% to $1.0 million in 2026.
  • The last three Current Leases figures came in at $1.0 million (Q1 2026), $2.1 million (Q4 2025), and $2.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 C3is 744.65 Bn 744.65 Bn 9.11 Mn 7,853.00
2 Kirby 7.86 Bn 7.78 Bn 291.34 Mn 45.77 Mn
3 Matson 5.69 Bn 5.59 Bn - 125.30 Mn
4 Hafnia 3.63 Bn 3.52 Bn 152.41 Mn -
5 Star Bulk Carriers 3.14 Bn 3.13 Bn 371.22 Mn 28.62 Mn
6 ZIM Integrated Shipping Services 3.12 Bn 1.01 Bn 57.20 Mn -
7 Costamare 1.93 Bn 1.42 Bn - -
8 Navios Maritime Partners 1.87 Bn 1.47 Bn 262.01 Mn 27.15 Mn
9 Global Ship Lease 1.37 Bn 1.37 Bn - -
10 Pangaea Logistics Solutions 462.83 Mn 418.86 Mn - 1.00 Mn

Historic Data

Download Data
DateValue
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