Pangaea Logistics Solutions (PANL) EBIT (2014 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly EBIT came in at $21.3 million in Q2 2026, up 484.15% year-over-year from $3.7 million in Q2 2025, and up 103.95% quarter-over-quarter from $10.5 million in Q1 2026.
Analysis
Pangaea Logistics Solutions (PANL) EBIT (2014 - 2026) Analysis & Trends
Pangaea Logistics Solutions has disclosed EBIT across 13 years of filings, most recently posting $21.3 million for Q2 2026.
- In Q2 2026, EBIT rose 484.15% year-over-year to $21.3 million; the TTM figure through Jun 2026 stood at $66.2 million (up 81.87% YoY), while the FY2025 annual figure was $40.9 million, down 15.49% from the prior year.
- EBIT came in at $21.3 million for Q2 2026 at Pangaea Logistics Solutions, up from $10.5 million in the prior quarter.
- In the past five years, EBIT ranged from a high of $36.4 million in Q2 2022 to a low of $2.9 million in Q1 2025.
- Average EBIT over 5 years is $15.1 million, with a median of $14.9 million recorded in 2024.
- Year-over-year, EBIT slumped 78.42% in 2023 and surged 484.15% in 2026.
- Over 5 years, EBIT stood at $18.7 million in 2022, then plunged by 43.32% to $10.6 million in 2023, then jumped by 39.67% to $14.8 million in 2024, then climbed by 17.81% to $17.4 million in 2025, then increased by 22.38% to $21.3 million in 2026.
- Per Business Quant data, the three most recent EBIT figures were $21.3 million in Q2 2026, $10.5 million in Q1 2026, and $17.4 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 671.50 Mn |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 122.36 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 158.90 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 301.35 Mn |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 280.02 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 871.57 Mn |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 398.33 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 144.30 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 155.03 Mn |
| 10 | Pangaea Logistics Solutions | 535.14 Mn | 429.46 Mn | - | 21.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.35 Mn |
| Mar 31, 2026 | 10.47 Mn |
| Dec 31, 2025 | 17.44 Mn |
| Sep 30, 2025 | 16.92 Mn |
| Jun 30, 2025 | 3.65 Mn |
| Mar 31, 2025 | 2.93 Mn |
| Dec 31, 2024 | 14.81 Mn |
| Sep 30, 2024 | 15.00 Mn |
| Jun 30, 2024 | 7.61 Mn |
| Mar 31, 2024 | 11.03 Mn |
| Dec 31, 2023 | 10.60 Mn |
| Sep 30, 2023 | 19.70 Mn |
| Jun 30, 2023 | 7.85 Mn |
| Mar 31, 2023 | 6.50 Mn |
| Dec 31, 2022 | 18.70 Mn |
| Sep 30, 2022 | 30.40 Mn |
| Jun 30, 2022 | 36.40 Mn |
| Mar 31, 2022 | 19.90 Mn |
| Dec 31, 2021 | 30.80 Mn |
| Sep 30, 2021 | 25.60 Mn |