Pangaea Logistics Solutions (PANL) EBT (2014 - 2026)
Pangaea Logistics Solutions (PANL) recorded EBT of $22.41 million in Q2 2026, up 468.0% from $3.95 million a year earlier and up 79.0% from the prior quarter.
Pangaea Logistics Solutions (PANL) EBT (2014 - 2026) Analysis & Trends
On a TTM basis, Pangaea Logistics Solutions' EBT came in at $70.19 million as of Jun 30, 2026, up 81.8% year-over-year; for FY2025, it came in at $18.57 million, down 46.0% from FY2024.
- Annual EBT has a five-year compound annual growth rate of 9.0% (FY2020 to FY2025).
- Across earlier years, EBT came in at $34.4 million in FY2024 (+10.4%), $31.16 million in FY2023 (-65.7%), $90.74 million in FY2022 (+32.4%) and $68.54 million in FY2021 (+469.1%).
- The Q2 2026 figure is the highest quarterly EBT since Q3 2022.
- On a year-over-year basis, EBT has increased for four consecutive quarters, with growth averaging 94.9% over the last eight quarters.
- Peak year-over-year performance for EBT in the last five years was growth of 468.0% in Q2 2026, against a decline of 85.3% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $12.52 million (Q1 2026), $17.98 million (Q4 2025) and $17.28 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 2.56 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 1.32 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 982.46 Mn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 761.00 Mn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 959.00 Mn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 2.11 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 2.01 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 467.47 Mn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 689.16 Mn |
| 10 | Pangaea Logistics Solutions | 524.44 Mn | 178.00 Mn | - | 22.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.41 Mn |
| Mar 31, 2026 | 12.52 Mn |
| Dec 31, 2025 | 17.98 Mn |
| Sep 30, 2025 | 17.28 Mn |
| Jun 30, 2025 | 3.95 Mn |
| Mar 31, 2025 | 3.37 Mn |
| Dec 31, 2024 | 15.39 Mn |
| Sep 30, 2024 | 15.90 Mn |
| Jun 30, 2024 | 8.28 Mn |
| Mar 31, 2024 | 11.90 Mn |
| Dec 31, 2023 | 7.00 Mn |
| Sep 30, 2023 | 16.20 Mn |
| Jun 30, 2023 | 4.80 Mn |
| Mar 31, 2023 | 3.25 Mn |
| Dec 31, 2022 | 15.00 Mn |
| Sep 30, 2022 | 26.30 Mn |
| Jun 30, 2022 | 32.70 Mn |
| Mar 31, 2022 | 16.50 Mn |
| Dec 31, 2021 | 27.50 Mn |
| Sep 30, 2021 | 23.20 Mn |
Pangaea Logistics Solutions EBT 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=ebt&ticker=PANL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "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=ebt&ticker=PANL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();