Pangaea Logistics Solutions, Ltd. EBITDA 2011-2026 | PANL

Earnings before Interest, Taxes, Depreciation, and Amortization (EBITDA), is an often used measure of a company's profitability. Financial analysts use EBITDA for a number of purposes including calculating simple valuations of a firm, estimating cash flows, and assessing debt servicing capability. The uses for EBITDA in financial analysis are numerous, but in practice should be more restrained. While EBITDA has some useful applications, it should be used with caution, as the problems with EBITDA are abundant and can lead to a number of misguided conclusions.^[1]

EBITDA is an important indicator for investors and analysts because it allows them to evaluate a company's operating profit without considering the impact of financial expenses, taxes, or non-cash depreciation and amortization. It provides better comparability between companies in different industries or with different tax conditions.

EBITDA is often used to assess a company's ability to generate cash flow and repay debts. It can also serve as a measure of a company's operational efficiency, as it shows how profitable the core business is, regardless of external factors such as interest or taxes.

However, it is important to note that EBITDA is not an official financial statement measure and can be defined and calculated differently by companies. Therefore, investors and analysts should exercise caution when using EBITDA as an evaluation tool and combine it with other financial metrics and information to get a more complete picture of a company's financial condition.

Annual EBITDA Pangaea Logistics Solutions, Ltd.

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
83.4 M	78.8 M	40.7 M	48.2 M	53.8 M	39.3 M	51.1 M	54.6 M	40.1 M	27 M	39.2 M	-212 K	31 M	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
83.4 M	-212 K	45.1 M

Quarterly EBITDA 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
27.1 M	14.3 M	12.8 M	-	22.7 M	15.1 M	18.5 M	-	27.8 M	15 M	13.8 M	-	37.9 M	43.5 M	27.3 M	37.3 M	42 M	25.4 M	10.8 M	12.5 M	22.8 M	12.4 M	1.94 M	4.1 M	26.5 M	15.7 M	8.68 M	12.2 M	25.2 M	17.1 M	12.2 M	6.8 M	21.6 M	6.46 M	3.59 M	800 K	18.4 M	7.84 M	7.02 M	-1.29 M	14.3 M	13.3 M	12.9 M	-14 M	6.52 M	8.66 M	12.6 M	-	6.58 M	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
43.5 M	-14 M	15.4 M

References

Brockman, C. M., & Russell, J. W. (2012). EBITDA: use it... or lose it?. International Journal of Business, Accounting and Finance, 6(2), 84-93.

EBITDA of other stocks in the Marine shipping industry

Issuer	EBITDA	Price	% 24h	Market Cap	Country
Capital Product Partners L.P. CPLP	277 M	-	2.13 %	$ 355 B	Greece
Danaos Corporation DAC	662 M	$ 134.63	1.78 %	$ 2.48 B	Greece
EuroDry Ltd. EDRY	46.5 M	$ 21.67	0.98 %	$ 59.1 M	Greece
Diana Shipping DSX	88.7 M	$ 2.71	0.93 %	$ 299 M	Greece
Grindrod Shipping Holdings Ltd. GRIN	62 M	$ 31.93	1.87 %	$ 163 M	Singapore
Costamare CMRE	586 M	$ 17.62	1.32 %	$ 2.12 B	Greece
Flex LNG Ltd. FLNG	271 M	$ 32.72	1.49 %	$ 1.77 B	Bermuda
StealthGas GASS	6.11 M	$ 9.9	1.02 %	$ 349 M	Greece
Globus Maritime Limited GLBS	17.9 M	$ 2.17	-0.46 %	$ 13.3 B	Greece
Nordic American Tankers Limited NAT	-76.1 M	$ 5.92	1.02 %	$ 1.24 B	Bermuda
Navios Maritime Containers L.P. NMCI	55.8 M	-	-	$ 300 M	Monaco
Eagle Bulk Shipping EGLE	98.2 M	-	-2.29 %	$ 678 M	USA
Castor Maritime CTRM	-3.66 M	$ 2.01	-0.5 %	$ 19.4 M	Cyprus
Star Bulk Carriers Corp. SBLK	892 M	$ 26.83	0.07 %	$ 3.09 B	Greece
Genco Shipping & Trading Limited GNK	83.7 M	$ 25.91	2.94 %	$ 1.12 B	USA
Seanergy Maritime Holdings Corp. SHIP	83.1 M	$ 16.61	2.47 %	$ 340 M	Greece
International Seaways INSW	509 M	$ 91.62	1.48 %	$ 4.52 B	USA
Matson MATX	687 M	$ 182.72	1.43 %	$ 6.16 B	USA
KNOT Offshore Partners LP KNOP	173 M	$ 11.08	0.36 %	$ 373 M	Britain
Eneti NETI	78.8 M	-	-	$ 431 M	Monaco
Navios Maritime Holdings NM	61.2 M	-	0.22 %	$ 51.7 M	Monaco
Huntington Ingalls Industries HII	986 M	$ 316.28	0.5 %	$ 12.4 B	USA
Kirby Corporation KEX	760 M	$ 142.24	0.01 %	$ 7.92 B	USA
SEACOR Marine Holdings SMHI	60.8 M	$ 7.44	-1.46 %	$ 195 M	USA
Ardmore Shipping Corporation ASC	33.8 M	$ 19.53	3.58 %	$ 793 M	Bermuda
Navios Maritime Partners L.P. NMM	113 M	$ 74.97	4.75 %	$ 2.14 B	Greece
Top Ships TOPS	22.5 M	-	-1.67 %	$ 22.3 M	Greece
Safe Bulkers SB	244 M	$ 7.03	1.37 %	$ 724 M	Monaco
Euroseas Ltd. ESEA	52.9 M	$ 73.19	1.26 %	$ 508 M	Greece
Performance Shipping PSHG	55.2 M	$ 1.73	-4.42 %	$ 21.4 M	Greece
Pyxis Tankers PXS	-3.61 M	$ 4.39	-1.35 %	$ 45.8 M	Greece