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Annual · values202520242023202220212020201920182017201620152014
Operating Cash Flow53.73 M USD65.69 M USD53.79 M USD134.80 M USD61.75 M USD20.84 M USD44.46 M USD40.13 M USD29.22 M USD19.21 M USD26.01 M USD24.59 M USD
Depreciation & Amortization42.48 M USD30.38 M USD30.07 M USD29.49 M USD22.97 M USD17.06 M USD18.53 M USD17.62 M USD15.61 M USD14.11 M USD12.73 M USD11.67 M USD
Stock-Based Compensation4.11 M USD2.79 M USD2.09 M USD1.77 M USD2.10 M USD2.31 M USD1.74 M USD1.20 M USD1.07 M USD601921 USD457068 USD1816 USD
Capital Expenditures
Cash Flow from Investing11.41 M USD-67.69 M USD-15.98 M USD-28.51 M USD-197.79 M USD-6.89 M USD-46.60 M USD-17.51 M USD-64.55 M USD-10.25 M USD-64.05 M USD-39.18 M USD
Cash Flow from Financing-48.62 M USD-10.23 M USD-67.15 M USD-34.12 M USD143.86 M USD-18.61 M USD-916130 USD-5.04 M USD45.44 M USD-24.16 M USD45.74 M USD25.47 M USD
Dividends Paid16.30 M USD18.71 M USD18.10 M USD13.41 M USD5.54 M USD535153 USD8.09 M USD2.27 M USD1.00 M USD100000 USD100000 USD100000 USD
Stock Buybacks
Free Cash Flow

Pangaea Logistics Solutions Ltd. is a global provider of comprehensive maritime logistics and transportation solutions, specializing in seaborne dry bulk cargoes. The company owns and operates a fleet of dry bulk carriers, including a significant number of high ice-class vessels suited for Arctic trades like the Northern Sea Route and Northwest Passage, enabling efficient transport with reduced emissions and fuel costs. It transports a wide variety of commodities such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone to industrial customers worldwide. Beyond shipping, Pangaea Logistics Solutions Ltd. offers integrated services including cargo loading and discharge, port and terminal operations, stevedoring, vessel chartering, voyage planning, and technical management. The company also designs, constructs, and operates port facilities and inland projects, customizing solutions for complex logistics needs with expertise in handling challenging cargoes. Founded in 1996 and headquartered in Newport, Rhode Island, it maintains operations through offices in key locations to support its full-service maritime logistics platform in the industrials sector.