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Pangaea Logistics Solutions Ltd. (PANL) Fundamental Analysis & AI Grade 2026

PANL Nasdaq Deep Sea Foreign Transportation of Freight D0 CIK: 0001606909
Updated This Month • Analysis: May 13, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
75% Confidence
N/A
C
75% Conf
Pending
Analysis scheduled

📊 PANL Key Takeaways

Revenue: $170.6M
Net Margin: 7.8%
Free Cash Flow: $4.5M
Current Ratio: 1.63x
Debt/Equity: 0.55x
EPS: $0.21
AI Grade: C with 75% confidence
Pangaea Logistics Solutions Ltd. (PANL) receives a C fundamental grade with 75% confidence from our AI analysis based on SEC 10-K filings. With revenue of $170.6M, net profit margin of 7.8%, and return on equity (ROE) of 3.0%, Pangaea Logistics Solutions Ltd. demonstrates mixed fundamentals in the Transportation sector. Below is our complete PANL stock analysis for 2026.

Is Pangaea Logistics Solutions Ltd. (PANL) a Good Investment?

Claude

Pangaea Logistics faces critical financial stress with interest coverage of 0.4x, indicating insufficient operating income to service debt obligations. Despite 17.8% revenue growth, declining profitability (net income down 4% YoY, EPS down 52.4%), weak cash generation, and returns approaching 1-3% suggest the company is struggling to generate adequate returns on its substantial asset base in a capital-intensive shipping industry.

Pangaea Logistics Solutions Ltd. Key Strengths (PANL)

Claude
  • + Revenue growth of 17.8% YoY demonstrates demand for shipping services
  • + Moderate leverage at 0.55x Debt/Equity with adequate liquidity (1.63x current ratio)
  • + Positive operating cash flow and free cash flow generation at $4.5M

PANL Stock Risks: Pangaea Logistics Solutions Ltd. Investment Risks

Claude
  • ! Interest coverage ratio of 0.4x indicates operating income cannot cover interest expense—critical solvency risk
  • ! Significant divergence between net income ($13.3M) and operating cash flow ($4.5M) raises earnings quality concerns
  • ! Extremely low returns: ROE of 3.0% and ROA of 1.4% suggest capital inefficiency and poor asset utilization
  • ! Net income declining despite topline growth indicates margin compression and cost control challenges
  • ! EPS down 52.4% YoY signals deteriorating per-share value despite modest absolute profitability

Key Metrics to Watch

Claude
  • * Interest coverage ratio improvement—critical threshold is 1.0x minimum for debt serviceability
  • * Operating cash flow trends relative to net income—persistent divergence suggests accrual risk
  • * Operating margin trend in shipping cycles—current 6.1% margin is vulnerable to industry downturns
  • * Debt service capability and refinancing needs given insufficient operating income

Pangaea Logistics Solutions Ltd. (PANL) Financial Metrics & Key Ratios

Revenue
$170.6M
Net Income
$13.3M
EPS (Diluted)
$0.21
Free Cash Flow
$4.5M
Total Assets
$950.7M
Cash Position
$89.7M

💡 AI Analyst Insight

The relatively thin 2.6% FCF margin may limit capital allocation flexibility.

PANL Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 6.1%
Net Margin 7.8%
ROE 3.0%
ROA 1.4%
FCF Margin 2.6%

PANL vs Transportation Sector: How Pangaea Logistics Solutions Ltd. Compares

How Pangaea Logistics Solutions Ltd. compares to Transportation sector averages

Net Margin
PANL 7.8%
vs
Sector Avg 10.0%
PANL Sector
ROE
PANL 3.0%
vs
Sector Avg 18.0%
PANL Sector
Current Ratio
PANL 1.6x
vs
Sector Avg 1.0x
PANL Sector
Debt/Equity
PANL 0.6x
vs
Sector Avg 1.0x
PANL Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Pangaea Logistics Solutions Ltd. Stock Overvalued? PANL Valuation Analysis 2026

Based on fundamental analysis, Pangaea Logistics Solutions Ltd. has mixed fundamental signals relative to the Transportation sector in 2026.

Return on Equity
3.0%
Sector avg: 18%
Net Profit Margin
7.8%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.55x
Sector avg: 1x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Pangaea Logistics Solutions Ltd. Balance Sheet: PANL Debt, Cash & Liquidity

Current Ratio
1.63x
Quick Ratio
1.37x
Debt/Equity
0.55x
Debt/Assets
0.0%
Interest Coverage
0.44x
Long-term Debt
$242.6M

PANL Revenue & Earnings Growth: 5-Year Financial Trend

PANL 5-year financial data: Year 2021: Revenue $718.1M, Net Income -$6.8M, EPS $-0.16. Year 2022: Revenue $718.1M, Net Income $5.8M, EPS $0.13. Year 2023: Revenue $699.7M, Net Income $20.0M, EPS $0.45. Year 2024: Revenue $536.5M, Net Income $26.3M, EPS $0.58. Year 2025: Revenue $632.0M, Net Income $28.9M, EPS $0.63.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Pangaea Logistics Solutions Ltd.'s revenue has declined by 12% over the 5-year period, indicating business contraction. The most recent EPS of $0.63 reflects profitable operations.

PANL Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
2.6%
Free cash flow / Revenue

PANL Quarterly Earnings & Performance

Quarterly financial performance data for Pangaea Logistics Solutions Ltd. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $122.8M -$2.0M $-0.03
Q3 2025 $153.1M $5.1M $0.11
Q2 2025 $131.5M -$2.7M $-0.04
Q1 2025 $104.7M -$2.0M $-0.03
Q3 2024 $135.6M $5.1M $0.11
Q2 2024 $118.1M $2.8M $0.06
Q1 2024 $104.7M $3.5M $0.08
Q3 2023 $135.6M $18.8M $0.42

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Pangaea Logistics Solutions Ltd. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$4.5M
Cash generated from operations
Dividends Paid
$3.9M
Returned to shareholders

PANL SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Pangaea Logistics Solutions Ltd. (CIK: 0001606909)

📋 Recent SEC Filings

Date Form Document Action
May 27, 2026 4 xslF345X06/wk-form4_1779914753.xml View →
May 12, 2026 8-K panl-20260507.htm View →
May 11, 2026 8-K panl-20260511.htm View →
May 11, 2026 10-Q panl-20260331.htm View →
Mar 27, 2026 DEF 14A panl-20260327.htm View →

Frequently Asked Questions about PANL

What is the AI rating for PANL?

Pangaea Logistics Solutions Ltd. (PANL) has an AI grade of C with 75% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PANL's key strengths?

Claude: Revenue growth of 17.8% YoY demonstrates demand for shipping services. Moderate leverage at 0.55x Debt/Equity with adequate liquidity (1.63x current ratio).

What are the risks of investing in PANL?

Claude: Interest coverage ratio of 0.4x indicates operating income cannot cover interest expense—critical solvency risk. Significant divergence between net income ($13.3M) and operating cash flow ($4.5M) raises earnings quality concerns.

What is PANL's revenue and growth?

Pangaea Logistics Solutions Ltd. reported revenue of $170.6M.

Does PANL pay dividends?

Pangaea Logistics Solutions Ltd. pays dividends, with $3.9M distributed to shareholders in the trailing twelve months.

Where can I find PANL SEC filings?

Official SEC filings for Pangaea Logistics Solutions Ltd. (CIK: 0001606909) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PANL's EPS?

Pangaea Logistics Solutions Ltd. has a diluted EPS of $0.21.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is PANL's fundamental grade?

Based on our AI fundamental analysis in May 2026, Pangaea Logistics Solutions Ltd. has a C grade with 75% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is PANL stock overvalued or undervalued?

Valuation metrics for PANL: ROE of 3.0% (sector avg: 18%), net margin of 7.8% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is PANL's AI grade for 2026?

Our dual AI analysis gives Pangaea Logistics Solutions Ltd. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PANL's free cash flow?

Pangaea Logistics Solutions Ltd.'s operating cash flow is $4.5M, with capital expenditures of N/A. FCF margin is 2.6%.

How does PANL compare to other Transportation stocks?

Vs Transportation sector averages: Net margin 7.8% (avg: 10%), ROE 3.0% (avg: 18%), current ratio 1.63 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 13, 2026 | Data as of: 2026-03-31 | Powered by Claude AI