The Tip Desk

Pangaea Logistics Solutions Ltd.

Financial highlights

Amounts in millions
MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$632.0$536.5$499.3$699.7$718.1
Operating income$40.9$48.4$44.6$105.5$78.9
Net income$19.4$28.9$26.3$79.5$67.2
Balance Sheet
Total debt$129.6$131.3$100.3$116.0$123.0
Cash Flow Statement
Free cash flow$49.4$65.5$53.8$134.1$61.7
Dividends$16.3$18.7$18.1$13.4$5.5
Share repurchases$3.0————

Shares outstanding 65.5M · Free float 3.8%

Annual filing data through FY ended December 31, 2025; float as of September 11, 2026.

Earnings