Pangaea Logistics Solutions (PANL) Payables (2013 - 2026)
Pangaea Logistics Solutions' Payables came in at $83.62 million for Q2 2026, up 33.8% from $62.52 million a year earlier and up 14.1% from the prior quarter.
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Analysis
Pangaea Logistics Solutions (PANL) Payables (2013 - 2026) Analysis & Trends
At the end of FY2025, Pangaea Logistics Solutions' Payables was $56.26 million, up 14.9% from FY2024.
- Payables carries a five-year compound annual growth rate of 11.0% (FY2020 to FY2025).
- Going back by year, Payables was $48.97 million in FY2024 (+32.4%), $36.98 million in FY2023 (-5.6%), $39.18 million in FY2022 (-20.6%) and $49.37 million in FY2021 (+47.8%).
- The Q2 2026 figure represents the highest quarterly Payables in data going back to Q4 2013.
- Year-over-year, Payables has increased for eight consecutive quarters, with growth averaging 34.8% over the last eight quarters.
- The fastest year-over-year change in Payables over five years came in Q1 2022 (growth of 92.9%), and the weakest in Q1 2023 (a decline of 28.0%).
- Business Quant data shows PANL's Payables at $73.26 million (Q1 2026), $56.26 million (Q4 2025) and $65.38 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 162.85 Bn | 157.37 Bn | - | 4.32 Bn |
| 2 | Csx | 86.62 Bn | 82.84 Bn | - | 1.11 Bn |
| 3 | Canadian Pacific Kansas City | 76.11 Bn | 75.83 Bn | - | 2.11 Bn |
| 4 | United Parcel Service | 70.66 Bn | 47.58 Bn | - | 5.98 Bn |
| 5 | Norfolk Southern | 70.32 Bn | 64.96 Bn | - | 1.78 Bn |
| 6 | Fedex | 68.53 Bn | 34.48 Bn | - | 5.07 Bn |
| 7 | Delta Air Lines | 55.25 Bn | 37.43 Bn | - | 7.84 Bn |
| 8 | Old Dominion Freight Line | 36.69 Bn | 35.95 Bn | - | 80.99 Mn |
| 9 | Ryanair Holdings | 28.78 Bn | 12.78 Bn | 3.13 Bn | 828.76 Mn |
| 10 | Pangaea Logistics Solutions | 524.44 Mn | 178.00 Mn | - | 83.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 83.62 Mn |
| Mar 31, 2026 | 73.26 Mn |
| Dec 31, 2025 | 56.26 Mn |
| Sep 30, 2025 | 65.38 Mn |
| Jun 30, 2025 | 62.52 Mn |
| Mar 31, 2025 | 44.11 Mn |
| Dec 31, 2024 | 48.97 Mn |
| Sep 30, 2024 | 49.06 Mn |
| Jun 30, 2024 | 40.37 Mn |
| Mar 31, 2024 | 33.92 Mn |
| Dec 31, 2023 | 36.98 Mn |
| Sep 30, 2023 | 43.35 Mn |
| Jun 30, 2023 | 47.51 Mn |
| Mar 31, 2023 | 40.86 Mn |
| Dec 31, 2022 | 39.18 Mn |
| Sep 30, 2022 | 44.69 Mn |
| Jun 30, 2022 | 65.50 Mn |
| Mar 31, 2022 | 56.72 Mn |
| Dec 31, 2021 | 49.37 Mn |
| Sep 30, 2021 | 50.99 Mn |
API Access
Pangaea Logistics Solutions Payables 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=payables&ticker=PANL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=PANL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();