Pangaea Logistics Solutions (PANL) Payables (2013 - 2026)
Pangaea Logistics Solutions' (PANL) quarterly Payables came in at $83.6 million in Q2 2026, up 33.75% year-over-year from $62.5 million in Q2 2025, and up 14.14% quarter-over-quarter from $73.3 million in Q1 2026.
Analysis
Pangaea Logistics Solutions (PANL) Payables (2013 - 2026) Analysis & Trends
Pangaea Logistics Solutions has disclosed Payables across 14 years of filings, most recently posting $83.6 million for Q2 2026.
- In Q2 2026, Payables rose 33.75% year-over-year to $83.6 million; the TTM figure through Jun 2026 stood at $83.6 million (up 33.75% YoY), while the FY2025 annual figure was $56.3 million, up 14.88% from the prior year.
- Payables came in at $83.6 million for Q2 2026 at Pangaea Logistics Solutions, up from $73.3 million in the prior quarter.
- In the past five years, Payables ranged from a high of $83.6 million in Q2 2026 to a low of $33.9 million in Q1 2024.
- Average Payables over 5 years is $51.8 million, with a median of $48.2 million recorded in 2023.
- Year-over-year, Payables surged 92.16% in 2022 and retreated 28.27% in 2023.
- Over 5 years, Payables stood at $39.2 million in 2022, then declined by 5.61% to $37.0 million in 2023, then jumped by 32.42% to $49.0 million in 2024, then advanced by 14.88% to $56.3 million in 2025, then jumped by 48.63% to $83.6 million in 2026.
- Per Business Quant data, the three most recent Payables figures were $83.6 million in Q2 2026, $73.3 million in Q1 2026, and $56.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | - |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 255.70 Mn |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 337.60 Mn |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | - |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 641.55 Mn |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 38.90 Mn |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 714.40 Mn |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 61.49 Mn |
| 10 | Pangaea Logistics Solutions | 535.14 Mn | 429.46 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 | 56.97 Mn |
| Dec 31, 2021 | 49.61 Mn |
| Sep 30, 2021 | 51.23 Mn |