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Companies/Pangaea Logistics Solutions, Ltd.
Company profile

Pangaea Logistics Solutions, Ltd.

NASDAQ: PANL · Industrials · Marine Shipping
PublicHQ Newport, RI · NewportCIK 0001606909Reports USD
#331 of 959 Industrials companies by revenue72nd-percentile growth
EA Score
61C
FH 65DQ 57GM 65SS 46
v0.1 · 65/100 weight · provisional
↑ 3-yr revenue growth, Piotroski F · ↓ growth stability, listing tenure
Methodology →
Revenue TTM
$679.8M
Rev growth YoY (TTM)
+22.6%
Net income (FY)
$19.4M
Employees
170
Market cap
$431.7M
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$632.0M$632.0M2025
Net income$19.4M$19.4M2025
Operating income$40.9M$40.9M2025
Total assets$928.1M$928.1M2025
Equity$429.3M$429.3M2025

Revenue trend

FY2022 – FY2025 · USD
$184.5M
FY22
$699.7M
FY22
$113.7M
FY23
$118.1M
FY23
$135.6M
FY23
$499.3M
FY23
$536.5M
FY24
$632.0M
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Voyage94%
Charter6%
By geography
Other48%
UNITED STATES38%
CANADA14%
The read

Pangaea Logistics Solutions, Ltd. booked $632.0M in FY2025 revenue, growing 18% year over year — faster than most Industrials companies we track, at a 3.1% net margin.

Peers · Industrials
Quad/Graphics, Inc.64CTitan Machinery Inc.57CForward Air Corporation56CAcacia Research Corporation63C
Key facts
CEOMads Rosenberg Boye Petersen
SectorIndustrials
IndustryMarine Shipping
HeadquartersNewport, RI
ExchangeNASDAQ: PANL
Employees170
IPO date2013-12-19
Latest filings
8-K2026-06-088-K2026-05-128-K2026-05-1110-Q2026-05-11DEF 14A2026-03-2710-K2026-03-168-K2026-03-118-K2026-02-17
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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