
Annual report 2025
added 03-16-2026
Pangaea Logistics Solutions, Ltd. Retained Earnings 2011-2026 | PANL
Retained earnings — this is the portion of a company’s net profit that has not been distributed to shareholders as dividends but remains at the company’s disposal for future use. It is also referred to as retained income or accumulated earnings.Possible uses include
- reinvestment in development (R&D, equipment, marketing)
- debt repayment
- acquisition of other companies
- creation of reserves for the future
A high level of retained earnings indicates that the company is in a growth phase, accumulating capital and prioritizing reinvestment over dividend payouts. Conversely, low or negative retained earnings may suggest either a generous dividend policy, in which all profits are distributed to shareholders, or ongoing losses that reduce the overall financial result.
The presence of retained earnings does not indicate that the company has available cash — it is solely an accounting figure reflecting the accumulated portion of net profit remaining after dividends have been paid. Therefore, it is important for investors to analyze not only the amount of retained earnings, but also how effectively it is used to develop the business, reduce debt, or build financial stability.
Annual Retained Earnings Pangaea Logistics Solutions, Ltd.
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 172 M | 169 M | 159 M | 151 M | 85.7 M | 23.2 M | 12.7 M | 5.74 M | -9.6 M | -17.4 M | -24.9 M | -36.1 M | -65.6 K | - | - |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 172 M | -36.1 M | 53.2 M |
Quarterly Retained Earnings Pangaea Logistics Solutions, Ltd.
| 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 164 M | 155 M | 161 M | 169 M | 165 M | 165 M | 166 M | 159 M | 163 M | 148 M | 150 M | 151 M | 141 M | 125 M | 104 M | 85.7 M | 72.2 M | 46.7 M | 29 M | 23.2 M | 23.2 M | 23.2 M | 23.2 M | 12.7 M | 12.7 M | 12.7 M | 12.7 M | 5.74 M | 5.74 M | 5.74 M | 5.74 M | -9.6 M | -9.6 M | -9.6 M | -9.6 M | -17.4 M | -17.4 M | -17.4 M | -17.4 M | -24.9 M | -24.9 M | -24.9 M | -24.9 M | -36.1 M | -36.1 M | -36.1 M | -36.1 M | -5.93 M | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 169 M | -36.1 M | 48.5 M |
Retained Earnings of other stocks in the Marine shipping industry
| Issuer | Retained Earnings | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
Capital Product Partners L.P.
CPLP
|
103 M | - | 2.13 % | $ 355 B | ||
|
Kirby Corporation
KEX
|
3.33 B | $ 133.74 | 2.29 % | $ 7.45 B | ||
|
Eagle Bulk Shipping
EGLE
|
-157 M | - | -2.29 % | $ 678 M | ||
|
Danaos Corporation
DAC
|
3.28 B | $ 115.35 | 1.1 % | $ 2.13 B | ||
|
Ardmore Shipping Corporation
ASC
|
189 M | $ 15.49 | 2.72 % | $ 629 M | ||
|
Flex LNG Ltd.
FLNG
|
-359 M | $ 31.2 | 2.73 % | $ 1.69 B | ||
|
International Seaways
INSW
|
524 M | $ 71.9 | 2.74 % | $ 3.55 B | ||
|
Performance Shipping
PSHG
|
-259 M | $ 1.81 | 3.5 % | $ 22.4 M | ||
|
Eneti
NETI
|
-1.33 B | - | - | $ 431 M | ||
|
Navios Maritime Holdings
NM
|
-576 M | - | 0.22 % | $ 51.7 M | ||
|
Pyxis Tankers
PXS
|
-4.67 M | $ 4.36 | -0.91 % | $ 45.9 M | ||
|
Nordic American Tankers Limited
NAT
|
-10.9 M | $ 5.64 | 3.11 % | $ 1.18 B | ||
|
Safe Bulkers
SB
|
517 M | $ 6.35 | 1.28 % | $ 654 M | ||
|
Star Bulk Carriers Corp.
SBLK
|
-606 M | $ 23.21 | 1.71 % | $ 2.48 B | ||
|
SEACOR Marine Holdings
SMHI
|
-208 M | $ 7.57 | 1.34 % | $ 199 M | ||
|
Genco Shipping & Trading Limited
GNK
|
-569 M | $ 22.83 | 2.65 % | $ 990 M | ||
|
Matson
MATX
|
2.34 B | $ 163.86 | 2.42 % | $ 5.52 B | ||
|
Seanergy Maritime Holdings Corp.
SHIP
|
-334 M | $ 12.77 | 2.41 % | $ 252 M | ||
|
Costamare
CMRE
|
869 M | $ 17.5 | 0.86 % | $ 2.1 B | ||
|
EuroDry Ltd.
EDRY
|
29 M | $ 18.45 | 3.13 % | $ 50.3 M | ||
|
Euroseas Ltd.
ESEA
|
104 M | $ 67.3 | 1.65 % | $ 467 M | ||
|
Globus Maritime Limited
GLBS
|
-153 M | $ 1.72 | -2.0 % | $ 13.3 B | ||
|
Diana Shipping
DSX
|
-628 M | $ 2.44 | 1.24 % | $ 270 M | ||
|
Huntington Ingalls Industries
HII
|
5.49 B | $ 398.42 | 0.37 % | $ 15.7 B | ||
|
StealthGas
GASS
|
216 M | $ 9.39 | 3.07 % | $ 331 M | ||
|
Top Ships
TOPS
|
-307 M | - | -1.67 % | $ 22.3 M | ||
|
Castor Maritime
CTRM
|
229 M | $ 1.96 | 1.03 % | $ 18.9 M | ||
|
Grindrod Shipping Holdings Ltd.
GRIN
|
-85.4 M | $ 27.31 | - | $ 163 M |