Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Pangaea Logistics Solutions Ltd. (PANL) had Return on Tangible Equity of 2.13% for the most recently reported fiscal quarter, ending 2026-06-30.

Quarterly Annual

Figures for fiscal quarter ending 2026-06-30

Income Statement Financials
Revenue	$187.12M
Net Income	$10.48M
Cost of Goods Sold	$118.16M
Gross Profit	$68.96M
Operating Expenses	$165.77M
Operating Income	$21.34M
Non-Operating Income/Expense	$-10.86M
Pre-Tax Income	$10.48M
Normalized Pre-Tax Income	$10.48M
Income after Taxes	$10.48M
Income from Continuous Operations	$10.48M
Consolidated Net Income/Loss	$10.48M
Normalized Income after Taxes	$10.48M
EBIT	$21.34M
EBITDA	$34.06M
Weighted-Average Shares Outstanding (Basic)	64.40M
Weighted-Average Shares Outstanding (Diluted)	65.03M
Earnings per Share (EPS) (Basic)	$0.16
Earnings per Share (EPS) (Diluted)	$0.16
Balance Sheet Financials
Current Assets	$265.94M
Property, Plant, and Equipment	$667.19M
Long-Term Assets	$690.73M
Total Assets	$956.68M
Current Liabilities	$192.18M
Long-Term Debt	$269.81M
Long-Term Liabilities	$269.81M
Total Liabilities	$462.00M
Common Equity	$494.68M
Tangible Shareholders Equity	$491.58M
Shareholders Equity	$494.68M
Common Shares Outstanding	65.47M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$25.88M
Cash Flow from Investing Activities	$7.11M
Cash Flow from Financial Activities	$-30.37M
Beginning Cash	$103.05M
End Cash	$105.67M
Increase/Decrease in Cash	$2.62M
Stock-Based Compensation	$2.32M
Common Stock Dividends Paid	$-7.11M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.38
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.35
Debt to Equity Ratio	0.71
Gross Margin	36.85%
Operating Margin	11.41%
EBIT Margin	11.41%
EBITDA Margin	--
Pre-Tax Profit Margin	5.60%
Profit Margin	5.60%
Free Cash Flow	$31.13M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.20
Inventory Turnover	2.31
Receiveable Turnover	3.16
Days Sales in Receivables	28.45
Return on Equity	2.12%
Return on Tangible Equity	2.13%
Return on Assets	1.10%
Return on Investments	1.37%
Book Value Per Share	$7.56
Free Cash Flow per Share	$0.48
Operating Cash Flow per Share	$0.40

Data from Zacks Investment Research, Inc.