PANL (Pangaea Logistics Solutions) EBIT: $59.8 Mil (TTM As of Mar. 2026)


PANL Pangaea Logistics Solutions Ltd PANL
68 GF Score
Price $7.10
GF Value $5.85
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Pangaea Logistics Solutions EBIT?

Pangaea Logistics Solutions PANL -2.34% 68 EBIT is $59.8 Mil as of Mar. 2026. GuruFocus rates PANL with a GF Score™ of 68/100 and a GF Value™ of $5.85 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Pangaea Logistics Solutions's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $19.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $59.8 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pangaea Logistics Solutions's annualized ROC % for the quarter that ended in Mar. 2026 was 5.43%. Pangaea Logistics Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pangaea Logistics Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.47%.

Pangaea Logistics Solutions  (NAS:PANL) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Pangaea Logistics Solutions's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=43.3 * ( 1 - 0% )/( (797.304 + 796.532)/ 2 )
=43.3/796.918
=5.43 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=928.096 - 43.05 - ( 103.054 - max(0, 128.034 - 215.776+103.054))
=797.304

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=950.695 - 64.419 - ( 89.744 - max(0, 153.586 - 250.79+89.744))
=796.532

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Pangaea Logistics Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=78.44/( ( (704.386 + max(20.386, 0)) + (691.538 + max(42.554, 0)) )/ 2 )
=78.44/( ( 724.772 + 734.092 )/ 2 )
=78.44/729.432
=10.75 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.854 + 28.389 + 17.295) - (43.05 + 24.891 + 13.211)
=20.386

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.28 + 40.262 + 44.849) - (64.419 + 28.708 + 10.71)
=42.554

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Pangaea Logistics Solutions's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=59.835/571.533
=10.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pangaea Logistics Solutions EBIT Related Terms

Pangaea Logistics Solutions EBIT Historical Data

* Premium members only.

The historical data trend for Pangaea Logistics Solutions's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pangaea Logistics Solutions EBIT Chart

Pangaea Logistics Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.89 107.93 46.03 51.95 44.17

Pangaea Logistics Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.95 3.13 18.90 18.20 19.61

PANL vs ESEA, CMDB, SB: EBIT Comparison

For the Marine Shipping subindustry, Pangaea Logistics Solutions's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pangaea Logistics Solutions EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Pangaea Logistics Solutions's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Pangaea Logistics Solutions's EV-to-EBIT falls into.


PANL
68GF Score
Pangaea Logistics Solutions Ltd PANL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Pangaea Logistics Solutions EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $59.8 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $59.8 Mil mean?
Pangaea Logistics Solutions (PANL) has a EBIT of $59.8 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pangaea Logistics Solutions.
Is Pangaea Logistics Solutions' EBIT too high?
Pangaea Logistics Solutions' current EBIT is $59.8 Mil. Overall, Pangaea Logistics Solutions has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pangaea Logistics Solutions' EBIT compare to ESEA and CMDB?
Pangaea Logistics Solutions' EBIT of $59.8 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Transportation company?
A good EBIT depends on the Transportation industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pangaea Logistics Solutions. Pangaea Logistics Solutions's current EBIT is $59.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pangaea Logistics Solutions stock overvalued right now?
Based on GuruFocus' analysis, Pangaea Logistics Solutions (PANL) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.85, compared to a current price of $7.10 — trading 21.4% above its estimated fair value. The current EBIT is $59.8 Mil. Pangaea Logistics Solutions' overall GF Score™ is 68/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Pangaea Logistics Solutions (PANL), the current EBIT is $59.8 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pangaea Logistics Solutions (PANL) Overvalued in 2026?

Based on GuruFocus' analysis, Pangaea Logistics Solutions stock appears to be overvalued. The current stock price of $7.10 is trading 21.4% above its estimated GF Value™ of $5.85. GuruFocus considers Pangaea Logistics Solutions to be Modestly Overvalued.

Key valuation signals for PANL:

  • EBIT: $59.8 Mil
  • GF Value™: $5.85 vs. price of $7.10 (21.4% above fair value)
  • GF Score™: 68/100 with 6 warning signs

No single metric tells the full story. See the PANL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pangaea Logistics Solutions Business Description

Address C/o Phoenix Bulk Carriers (US) LLC, 109 Long Wharf, Newport, RI, USA, 02840
Pangaea Logistics Solutions Ltd and its subsidiaries collectively, Pangaea or the Company, provide seaborne drybulk logistics and transportation services as well as terminal and stevedoring services. Pangaea utilizes its logistics expertise to service a broad base of industrial customers who require the transportation of a wide variety of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The Company's operating segments include the shipping segment: The Company's operating segments include the shipping segment and six terminal and stevedoring operating segments. The company operates in the USA, Germany, Canada, Singapore, the United Kingdom, and other countries, with maximum from the USA and others.
68GF Score

Get the complete analysis for PANL

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.10
Price
$5.85
GF Value