Skip to content
Screener

Pangaea Logistics Solutions PANL Business Segments — Voyage expense

Similar metrics at other companies

Genco Shipping & Trading logo
GNKVoyage Expenses
$44.09M+37.7%
Dorian LPG logo
LPGVoyage Expenses
$422.62K-68.5%
Dorian LPG logo
LPGVoyage Expenses
$422.62K-68.5%
International Seaways, Inc. logo
INSWVoyage Expenses
$33.1M+385%
International Seaways, Inc. logo
INSWVoyage Expenses
$33.1M+385%
Genco Shipping & Trading logo
GNKMajor Bulk — Voyage Expenses
$26.27M+58.0%

Other financials

Income statement

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

Balance sheet

See full
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

See full
Operating cash flow$21.4M+48.6%
CapEx$1.1M+2,474%
Free cash flow$12.4M-24.6%

Valuation

See full
Market cap$479.49M+50.3%
Enterprise value$422.64M+40.9%
P/E10.1×-26.1×
P/S0.7×+0.1×

Profitability

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

Returns & leverage

See full
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 panl:VoyageExpense.

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
Terminal & stevedore revenue15,23612,103
Total revenue632,041536,536
Operating expenses:
Voyage expense283,679237,479
Charter hire expense129,735130,764
Terminal & stevedore expenses12,1899,299
Vessel operating expenses (1)94,94855,544
General and administrative31,07124,626

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

FAQ

What is Pangaea Logistics Solutions's business segments — voyage expense?
Pangaea Logistics Solutions (PANL) reported business segments — voyage expense of $70.92M in Q4 2025.
How has Pangaea Logistics Solutions's business segments — voyage expense changed year-over-year?
Pangaea Logistics Solutions's business segments — voyage expense increased by 19.5% year-over-year, from $59.37M to $70.92M.
What is the long-term trend for Pangaea Logistics Solutions's business segments — voyage expense?
Over 2 years (2023 to 2025), Pangaea Logistics Solutions's business segments — voyage expense has grown at a 11.7% compound annual growth rate (CAGR), from $227.43M to $283.68M.
What does business segments — voyage expense mean?
Includes direct costs associated with operating vessels for specific voyages, such as fuel, port charges, and canal tolls. Monitoring this metric is essential for assessing the operational efficiency and cost management of the shipping segment.

Ask your AI about Pangaea Logistics Solutions's business segments — voyage expense.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude