Pangaea Logistics Solutions (PANL) EBITDA (2014 - 2026)
Pangaea Logistics Solutions' EBITDA came in at $33.78 million for Q2 2026, up 137.0% from $14.25 million a year earlier and up 51.2% from the prior quarter.
Pangaea Logistics Solutions (PANL) EBITDA (2014 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Pangaea Logistics Solutions reported EBITDA of $112.44 million, up 55.3% year-over-year; for FY2025, it was $83.42 million, up 5.8% from FY2024.
- EBITDA carries a five-year compound annual growth rate of 17.8% (FY2020 to FY2025).
- Going back by year, EBITDA was $78.83 million in FY2024 (+5.5%), $74.69 million in FY2023 (-44.7%), $135 million in FY2022 (+32.6%) and $101.85 million in FY2021 (+177.1%).
- The Q2 2026 figure represents the highest quarterly EBITDA since Q3 2022.
- Year-over-year, EBITDA has increased for four consecutive quarters, with growth averaging 28.8% over the last eight quarters.
- The fastest year-over-year change in EBITDA over five years came in Q4 2021 (growth of 197.7%), and the weakest in Q2 2023 (a decline of 65.7%).
- Business Quant data shows PANL's EBITDA at $22.34 million (Q1 2026), $29.18 million (Q4 2025) and $27.14 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 3.40 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 1.92 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 1.44 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 1.91 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 1.48 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 2.68 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 2.52 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 557.01 Mn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 1.15 Bn |
| 10 | Pangaea Logistics Solutions | 524.44 Mn | 178.00 Mn | - | 33.78 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.78 Mn |
| Mar 31, 2026 | 22.34 Mn |
| Dec 31, 2025 | 29.18 Mn |
| Sep 30, 2025 | 27.14 Mn |
| Jun 30, 2025 | 14.25 Mn |
| Mar 31, 2025 | 12.85 Mn |
| Dec 31, 2024 | 22.57 Mn |
| Sep 30, 2024 | 22.72 Mn |
| Jun 30, 2024 | 15.07 Mn |
| Mar 31, 2024 | 18.46 Mn |
| Dec 31, 2023 | 18.12 Mn |
| Sep 30, 2023 | 27.79 Mn |
| Jun 30, 2023 | 14.98 Mn |
| Mar 31, 2023 | 13.82 Mn |
| Dec 31, 2022 | 26.23 Mn |
| Sep 30, 2022 | 37.77 Mn |
| Jun 30, 2022 | 43.69 Mn |
| Mar 31, 2022 | 27.20 Mn |
| Dec 31, 2021 | 37.32 Mn |
| Sep 30, 2021 | 32.76 Mn |
Pangaea Logistics Solutions EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=PANL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "PANL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=PANL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();