Pangaea Logistics Solutions Ltd. (PANL) stock
PANLNasdaqDeep Sea Foreign Transportation of FreightFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 17/3023% below fair value
$9.28−0.18 (-1.90%)
Close on Nov 13, 2026Market cap $607.60MP/E 8.1Yield 0.54%
Pangaea Logistics Solutions ebitda
EBITDA is earnings before interest, taxes, depreciation and amortization, a rough measure of cash profit from operations.
Pangaea Logistics Solutions's ebitda for the twelve months ending Sep 30, 2026 was $140.82M, up 83.3% year over year. For fiscal 2025 it was $83.42M, up 5.8% from the year before. Over ten years it grew 9.6% a year on average. The highest annual figure on record is $135.00M in fiscal 2022.
Annual ebitda
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $83.42M | +5.8% |
| FY2024 | Dec 31, 2024 | $78.83M | +5.5% |
| FY2023 | Dec 31, 2023 | $74.69M | -44.7% |
| FY2022 | Dec 31, 2022 | $135.00M | +32.6% |
| FY2021 | Dec 31, 2021 | $101.85M | +177.1% |
| FY2020 | Dec 31, 2020 | $36.75M | -12.0% |
| FY2019 | Dec 31, 2019 | $41.79M | -22.2% |
| FY2018 | Dec 31, 2018 | $53.69M | +69.7% |
| FY2017 | Dec 31, 2017 | $31.64M | +17.2% |
| FY2016 | Dec 31, 2016 | $27.00M | -18.8% |
| FY2015 | Dec 31, 2015 | $33.26M | +262.5% |
| FY2014 | Dec 31, 2014 | $9.17M | -70.4% |
| FY2013 | Dec 31, 2013 | $31.00M | – |
Quarterly ebitda
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $55.52M | +104.6% |
| Q2 FY2026 | Jun 30, 2026 | $33.78M | +137.0% |
| Q1 FY2026 | Mar 31, 2026 | $22.34M | +73.9% |
| Q4 FY2025 | Dec 31, 2025 | $29.18M | +29.3% |
| Q3 FY2025 | Sep 30, 2025 | $27.14M | +19.4% |
| Q2 FY2025 | Jun 30, 2025 | $14.25M | -5.4% |
| Q1 FY2025 | Mar 31, 2025 | $12.85M | -30.4% |
| Q4 FY2024 | Dec 31, 2024 | $22.57M | +24.7% |
| Q3 FY2024 | Sep 30, 2024 | $22.72M | -18.3% |
| Q2 FY2024 | Jun 30, 2024 | $15.07M | +0.6% |
| Q1 FY2024 | Mar 31, 2024 | $18.46M | +33.6% |
| Q4 FY2023 | Dec 31, 2023 | $18.10M | -30.9% |
| Q3 FY2023 | Sep 30, 2023 | $27.80M | -26.5% |
| Q2 FY2023 | Jun 30, 2023 | $14.98M | -65.7% |
| Q1 FY2023 | Mar 31, 2023 | $13.82M | -49.2% |
| Q4 FY2022 | Dec 31, 2022 | $26.20M | -29.8% |
| Q3 FY2022 | Sep 30, 2022 | $37.80M | +15.2% |
| Q2 FY2022 | Jun 30, 2022 | $43.70M | +108.1% |
| Q1 FY2022 | Mar 31, 2022 | $27.20M | +149.5% |
| Q4 FY2021 | Dec 31, 2021 | $37.30M | +198.4% |
| Q3 FY2021 | Sep 30, 2021 | $32.80M | +131.0% |
| Q2 FY2021 | Jun 30, 2021 | $21.00M | +159.3% |
| Q1 FY2021 | Mar 31, 2021 | $10.90M | +473.7% |
| Q4 FY2020 | Dec 31, 2020 | $12.50M | +204.9% |
| Q3 FY2020 | Sep 30, 2020 | $14.20M | -19.8% |
| Q2 FY2020 | Jun 30, 2020 | $8.10M | -28.3% |
| Q1 FY2020 | Mar 31, 2020 | $1.90M | -78.2% |
| Q4 FY2019 | Dec 31, 2019 | $4.10M | -66.4% |
| Q3 FY2019 | Sep 30, 2019 | $17.70M | +7.3% |
| Q2 FY2019 | Jun 30, 2019 | $11.30M | -11.7% |
| Q1 FY2019 | Mar 31, 2019 | $8.70M | -28.7% |
| Q4 FY2018 | Dec 31, 2018 | $12.20M | +12.9% |
| Q3 FY2018 | Sep 30, 2018 | $16.50M | +18.1% |
| Q2 FY2018 | Jun 30, 2018 | $12.80M | +407.6% |
| Q1 FY2018 | Mar 31, 2018 | $12.20M | +240.2% |
| Q4 FY2017 | Dec 31, 2017 | $10.81M | +149.6% |
| Q3 FY2017 | Sep 30, 2017 | $13.98M | – |
| Q2 FY2017 | Jun 30, 2017 | $2.52M | – |
| Q1 FY2017 | Mar 31, 2017 | $3.59M | – |
| Q4 FY2016 | Dec 31, 2016 | $4.33M | – |
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