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Other financials

Income statement

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Revenue$187.1M+19.4%
Operating income$21.3M+484%
Net income$10.2M+472%
EPS (diluted)$0.16+500%

Balance sheet

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Cash & equivalents$105.7M+78.3%
Total debt$48.8M+21.4%
Total equity$448.6M+8.3%
Total assets$956.7M+4.4%

Cash flow

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Operating cash flow$21.4M+48.6%
Free cash flow$12.4M-24.6%

Valuation

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Market cap$485.38M+52.2%
Enterprise value$428.53M+42.9%
P/E10.2×-25.9×
P/S0.7×+0.1×

Profitability

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Operating margin9.3%+3.0pp
Net margin6.7%+5.2pp
FCF margin7.8%-4.4pp

Returns & leverage

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Return on equity11%+8.7pp
Debt / equity0.1×0.0×
Current ratio1.4×-0.1×

Where this comes from

Reported directly by Pangaea Logistics Solutions in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireOtherPropertyPlantAndEquipment.

The source filing: Pangaea Logistics Solutions’s 10-K, filed March 16, 2026.

Filed
Mar 16, 2026, 5:20 PM EDT
Fiscal year
FY2025
Accession
0001606909-26-000010
Line itemYears ended December 31, 2025Years ended December 31, 2024
Purchase of vessels and vessel improvements(2,188)(69,265)
Net proceeds from sale of vessels17,196
Acquisition of non-controlling interest(2,700)
Purchase of equipment and internal use software(4,299)(167)
Contribution to non-consolidated subsidiaries and other investments(733)(172)
Dividends received from equity method investments4,1351,910
Net cash provided by (used in) investing activities11,411(67,694)
Financing activities

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

FAQ

What is Pangaea Logistics Solutions's capex?
Pangaea Logistics Solutions (PANL) reported capex of $1.07M in Q4 2025.
How has Pangaea Logistics Solutions's capex changed year-over-year?
Pangaea Logistics Solutions's capex increased by 2474.3% year-over-year, from $41.75K to $1.07M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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