Pangaea Logistics Solutions (PANL) EBIT (2014 - 2026)
Pangaea Logistics Solutions (PANL) posted EBIT of $10.5 million for Q1 2026, down 39.99% sequentially from $17.4 million in Q4 2025, and up 257.69% YoY from $2.9 million in Q1 2025.
Pangaea Logistics Solutions (PANL) EBIT (2014 - 2026) Analysis & Trends
Pangaea Logistics Solutions has reported EBIT for 13 years, with the latest figure at $10.5 million in Q1 2026.
- Quarterly EBIT rose 257.69% year-over-year to $10.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $48.5 million (up 20.17% YoY) and the FY2025 annual result came in at $40.9 million, down 15.49% from the prior year.
- EBIT declined to $10.5 million in Q1 2026 per PANL's latest filing, from $17.4 million in the prior quarter.
- Over five years, EBIT peaked at $36.4 million in Q2 2022 and troughed at $2.9 million in Q1 2025.
- A 5-year average of $14.7 million and a median of $14.8 million in 2024 frame the typical range for EBIT.
- The sharpest annual moves came in 2023 and 2026: EBIT tumbled 78.42% in 2023, then soared 257.69% in 2026.
- Over 5 years, EBIT stood at $18.7 million in 2022, then slumped by 43.32% to $10.6 million in 2023, then soared by 39.67% to $14.8 million in 2024, then increased by 17.81% to $17.4 million in 2025, then tumbled by 39.99% to $10.5 million in 2026.
- According to Business Quant data, EBIT over the past three periods registered $10.5 million, $17.4 million, and $16.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Kirby | 7.52 Bn | 7.48 Bn | 290.80 Mn | 122.36 Mn |
| 2 | Matson | 6.59 Bn | 6.47 Bn | - | 158.90 Mn |
| 3 | Hafnia | 3.92 Bn | 3.81 Bn | 152.41 Mn | 109.86 Mn |
| 4 | ZIM Integrated Shipping Services | 3.47 Bn | 2.54 Bn | 57.20 Mn | -18.30 Mn |
| 5 | Star Bulk Carriers | 3.35 Bn | 2.85 Bn | - | - |
| 6 | Danaos | 2.66 Bn | 1.43 Bn | 217.68 Mn | 132.73 Mn |
| 7 | Okeanis Eco Tankers | 2.43 Bn | 2.21 Bn | 12,231.53 Bn | 337.11 Mn |
| 8 | Navios Maritime Partners | 2.41 Bn | 2.00 Bn | 326.09 Mn | 349.92 Mn |
| 9 | Costamare | 1.81 Bn | 1.43 Bn | 185.32 Mn | 227.25 Mn |
| 10 | Pangaea Logistics Solutions | 490.71 Mn | 385.03 Mn | - | 21.35 Mn |
Historic Data
Download 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 |