Pangaea Logistics Solutions (PANL) Payables (2013 - 2026)

Pangaea Logistics Solutions (PANL) reported Payables of $73.3 million for Q1 2026, up 66.1% on a YoY basis from $44.1 million in Q1 2025, and up 30.22% sequentially from $56.3 million in Q4 2025.

Pangaea Logistics Solutions (PANL) Payables (2013 - 2026) Analysis & Trends

Pangaea Logistics Solutions (PANL) has 14 years of Payables data on file, last reported at $73.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Payables rose 66.1% year-over-year to $73.3 million; the trailing twelve-month figure through Mar 2026 stood at $73.3 million (up 66.1% YoY), and the FY2025 full-year result was $56.3 million, up 14.88% from the prior year.
  • Payables grew to $73.3 million in Q1 2026, from $56.3 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $73.3 million in Q1 2026 to a low of $33.9 million in Q1 2024.
  • A 5-year average of $49.9 million and a median of $47.5 million in 2023 frame the typical range for Payables.
  • Across the five-year window, Payables soared 92.93% in 2022 and fell 27.96% in 2023, its largest moves.
  • Tracing PANL's Payables over 5 years: stood at $39.2 million in 2022, then dropped by 5.61% to $37.0 million in 2023, then soared by 32.42% to $49.0 million in 2024, then gained by 14.88% to $56.3 million in 2025, then surged by 30.22% to $73.3 million in 2026.
  • Business Quant data shows PANL's Payables at $73.3 million in Q1 2026, $56.3 million in Q4 2025, and $65.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 ZIM Integrated Shipping Services 2,961,257.70 Bn 2,961,256.78 Bn 57.20 Mn 703.70 Mn
2 Danaos 2,539.20 Bn 2,538.33 Bn 203.71 Mn 32.42 Mn
3 Sfl 1,571.40 Bn 1,571.25 Bn 66.27 Mn 178.70 Mn
4 Capital Clean Energy Carriers 1,428.60 Bn 1,428.06 Bn 95.52 Mn 25.27 Mn
5 Globus Maritime 60.18 Bn 60.15 Bn 8,083.00 3.16 Mn
6 Kirby 8.05 Bn 7.97 Bn 291.34 Mn 225.97 Mn
7 Matson 6.24 Bn 6.14 Bn - 294.00 Mn
8 Intercont (Cayman) 3.94 Bn 3.93 Bn - 854,400.00
9 Hafnia 3.73 Bn 3.62 Bn 152.41 Mn 566.73 Mn
10 Pangaea Logistics Solutions 477.60 Mn 387.85 Mn - 73.26 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 44.79 Mn