Pangaea Logistics Solutions (PANL) Prepaid Assets (2013 - 2026)
Pangaea Logistics Solutions (PANL) recorded Prepaid Assets of $50.03 million in Q2 2026, up 70.7% from $29.3 million a year earlier but down 0.2% from the prior quarter.
Pangaea Logistics Solutions (PANL) Prepaid Assets (2013 - 2026) Analysis & Trends
At the end of FY2025, Pangaea Logistics Solutions reported Prepaid Assets of $28.48 million, down 5.0% from FY2024.
- Annual Prepaid Assets has a five-year compound annual growth rate of 9.8% (FY2020 to FY2025).
- Across earlier years, Prepaid Assets came in at $29.97 million in FY2024 (+5.7%), $28.34 million in FY2023 (+0.3%), $28.27 million in FY2022 (-39.0%) and $46.35 million in FY2021 (+160.0%).
- Quarterly Prepaid Assets has ranged from $28.01 million in Q1 2025 to $52.83 million in Q3 2021 over the past five years.
- On a year-over-year basis, Prepaid Assets rose in four of the last eight quarters, with growth averaging 14.3%.
- Peak year-over-year performance for Prepaid Assets in the last five years was growth of 160.0% in Q4 2021, against a decline of 39.9% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $50.12 million (Q1 2026), $28.48 million (Q4 2025) and $30.26 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn |
| 10 | Pangaea Logistics Solutions | 525.10 Mn | 178.66 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.03 Mn |
| Mar 31, 2026 | 50.12 Mn |
| Dec 31, 2025 | 28.48 Mn |
| Sep 30, 2025 | 30.26 Mn |
| Jun 30, 2025 | 29.30 Mn |
| Mar 31, 2025 | 28.01 Mn |
| Dec 31, 2024 | 29.97 Mn |
| Sep 30, 2024 | 32.22 Mn |
| Jun 30, 2024 | 33.18 Mn |
| Mar 31, 2024 | 35.53 Mn |
| Dec 31, 2023 | 28.34 Mn |
| Sep 30, 2023 | 31.28 Mn |
| Jun 30, 2023 | 32.36 Mn |
| Mar 31, 2023 | 30.44 Mn |
| Dec 31, 2022 | 28.27 Mn |
| Sep 30, 2022 | 31.74 Mn |
| Jun 30, 2022 | 38.06 Mn |
| Mar 31, 2022 | 47.60 Mn |
| Dec 31, 2021 | 46.35 Mn |
| Sep 30, 2021 | 52.83 Mn |
Pangaea Logistics Solutions Prepaid Assets 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=prepaid-assets&ticker=PANL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=PANL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();