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Pangaea Logistics Solutions PANL Business Segments — D&A

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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$479.49M+50.3%
Enterprise value$422.64M+40.9%
P/E10.1×-26.1×
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:DepreciationAmortizationAndAccretionNet.

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 itemDecember 31, 2025 / ShippingDecember 31, 2025 / OtherDecember 31, 2025 / TotalDecember 31, 2024 / ShippingDecember 31, 2024 / OtherDecember 31, 2024 / Total
Interest expense$24,006$24,006$17,073$17,073
Interest income$(1,630)$(2)$(1,632)$(3,023)$(3,023)
Depreciation and amortization$42,336$139$42,475$30,042$334$30,376
Segment assets$903,353$24,743$928,096$730,728$205,729$936,457
Capital expenditures$19,583$4,299$23,882$260,997$167$261,164
Investment in equity method investees (1)$2,552$2,552$2,396$2,396

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

FAQ

What is Pangaea Logistics Solutions's business segments — D&A?
Pangaea Logistics Solutions (PANL) reported business segments — D&A of $10.58M in Q4 2025.
How has Pangaea Logistics Solutions's business segments — D&A changed year-over-year?
Pangaea Logistics Solutions's business segments — D&A increased by 40.9% year-over-year, from $7.51M to $10.58M.
What is the long-term trend for Pangaea Logistics Solutions's business segments — D&A?
Over 2 years (2023 to 2025), Pangaea Logistics Solutions's business segments — D&A has grown at a 19.8% compound annual growth rate (CAGR), from $29.51M to $42.34M.
What does business segments — D&A mean?
Represents the non-cash allocation of the cost of tangible and intangible assets, primarily vessels, over their useful lives within the shipping segment. This metric is critical for understanding the capital intensity and asset replacement cycle of the business.

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