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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%
CapEx$1.1M+2,474%
Free cash flow$12.4M-24.6%

Valuation

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Market cap$485.38M+50.3%
Enterprise value$428.53M+40.9%
P/E10.2×-26.4×
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:PaymentsOfDividendsCommonStock.

The source filing: Pangaea Logistics Solutions’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 5:22 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-055365
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Payments of financing obligations(14,017)(12,602)
Payments of finance leases(1,576)(1,422)
Dividends paid to non-controlling interests(1,942)
Cash dividends paid(7,114)(9,939)
Payments to repurchase ordinary shares(1,007)
Net cash used in financing activities(30,366)(35,180)
Net change in cash and cash equivalents2,621(27,553)
Total cash and cash equivalents at beginning of period103,05486,805

Item 1. Financial Statements (unaudited)

FAQ

What is Pangaea Logistics Solutions's dividends paid?
Pangaea Logistics Solutions (PANL) reported dividends paid of $3.22M in Q2 2026.
How has Pangaea Logistics Solutions's dividends paid changed year-over-year?
Pangaea Logistics Solutions's dividends paid decreased by 67.4% year-over-year, from $9.9M to $3.22M.
What is the long-term trend for Pangaea Logistics Solutions's dividends paid?
Over 4 years (2021 to 2025), Pangaea Logistics Solutions's dividends paid has grown at a 56.2% compound annual growth rate (CAGR), from $5.54M to $32.91M.
What does dividends paid mean?
Total cash dividends paid to common stockholders, reflecting the company's capital return policy.

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