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Side-by-side financial comparison of Pangaea Logistics Solutions Ltd. (PANL) and Palomar Holdings, Inc. (PLMR). Click either name above to swap in a different company.
Palomar Holdings, Inc. is the larger business by last-quarter revenue ($253.4M vs $183.9M, roughly 1.4× Pangaea Logistics Solutions Ltd.). On growth, Palomar Holdings, Inc. posted the faster year-over-year revenue change (62.7% vs 24.9%). Over the past eight quarters, Palomar Holdings, Inc.'s revenue compounded faster (46.2% CAGR vs 32.5%).
Pangaea Logistics Solutions Ltd. is a global dry bulk logistics and shipping service provider. It operates a modern fleet of dry bulk vessels to transport a wide range of commodities including grains, minerals, construction materials, and energy-related raw materials, serving industrial, agricultural, and energy sector clients across North America, Europe, and Asia with tailored end-to-end bulk cargo supply chain solutions.
Palomar Holdings, Inc. is a specialty insurance holding company that primarily provides property insurance products for catastrophe-exposed residential and commercial assets. It mainly operates across the United States, focusing on core segments including earthquake, flood, and windstorm coverage to meet high-risk property protection demands of customers.
PANL vs PLMR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.9M | $253.4M |
| Net Profit | $11.9M | — |
| Gross Margin | — | — |
| Operating Margin | 9.5% | 28.7% |
| Net Margin | 6.5% | — |
| Revenue YoY | 24.9% | 62.7% |
| Net Profit YoY | 40.9% | — |
| EPS (diluted) | $0.18 | $2.05 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $183.9M | $253.4M | ||
| Q3 25 | $168.7M | $244.7M | ||
| Q2 25 | $156.7M | $203.3M | ||
| Q1 25 | $122.8M | $174.6M | ||
| Q4 24 | $147.2M | $155.8M | ||
| Q3 24 | $153.1M | $148.5M | ||
| Q2 24 | $131.5M | $131.1M | ||
| Q1 24 | $104.7M | $118.5M |
| Q4 25 | $11.9M | — | ||
| Q3 25 | $12.2M | $51.5M | ||
| Q2 25 | $-2.7M | $46.5M | ||
| Q1 25 | $-2.0M | $42.9M | ||
| Q4 24 | $8.4M | — | ||
| Q3 24 | $5.1M | $30.5M | ||
| Q2 24 | $3.7M | $25.7M | ||
| Q1 24 | $11.7M | $26.4M |
| Q4 25 | 9.5% | 28.7% | ||
| Q3 25 | 10.0% | 27.4% | ||
| Q2 25 | 2.3% | 29.5% | ||
| Q1 25 | 2.4% | 30.8% | ||
| Q4 24 | 10.1% | 28.9% | ||
| Q3 24 | 9.8% | 25.9% | ||
| Q2 24 | 5.8% | 25.5% | ||
| Q1 24 | 10.5% | 29.0% |
| Q4 25 | 6.5% | — | ||
| Q3 25 | 7.2% | 21.0% | ||
| Q2 25 | -1.8% | 22.9% | ||
| Q1 25 | -1.6% | 24.6% | ||
| Q4 24 | 5.7% | — | ||
| Q3 24 | 3.3% | 20.5% | ||
| Q2 24 | 2.8% | 19.6% | ||
| Q1 24 | 11.1% | 22.3% |
| Q4 25 | $0.18 | $2.05 | ||
| Q3 25 | $0.19 | $1.87 | ||
| Q2 25 | $-0.04 | $1.68 | ||
| Q1 25 | $-0.03 | $1.57 | ||
| Q4 24 | $0.19 | $1.29 | ||
| Q3 24 | $0.11 | $1.15 | ||
| Q2 24 | $0.08 | $1.00 | ||
| Q1 24 | $0.25 | $1.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $103.1M | $106.9M |
| Total DebtLower is stronger | $249.6M | — |
| Stockholders' EquityBook value | $429.3M | $942.7M |
| Total Assets | $928.1M | $3.1B |
| Debt / EquityLower = less leverage | 0.58× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $103.1M | $106.9M | ||
| Q3 25 | $94.0M | $111.7M | ||
| Q2 25 | $59.3M | $81.3M | ||
| Q1 25 | $63.9M | $119.3M | ||
| Q4 24 | $86.8M | $80.4M | ||
| Q3 24 | $93.1M | $86.5M | ||
| Q2 24 | $77.9M | $47.8M | ||
| Q1 24 | $95.9M | $61.4M |
| Q4 25 | $249.6M | — | ||
| Q3 25 | $256.2M | — | ||
| Q2 25 | $244.7M | — | ||
| Q1 25 | $251.0M | — | ||
| Q4 24 | $257.2M | — | ||
| Q3 24 | $133.6M | — | ||
| Q2 24 | $90.5M | — | ||
| Q1 24 | $95.9M | — |
| Q4 25 | $429.3M | $942.7M | ||
| Q3 25 | $420.3M | $878.1M | ||
| Q2 25 | $414.4M | $847.2M | ||
| Q1 25 | $420.8M | $790.4M | ||
| Q4 24 | $427.8M | $729.0M | ||
| Q3 24 | $332.6M | $703.3M | ||
| Q2 24 | $331.5M | $532.6M | ||
| Q1 24 | $332.0M | $501.7M |
| Q4 25 | $928.1M | $3.1B | ||
| Q3 25 | $932.1M | $2.9B | ||
| Q2 25 | $916.0M | $2.8B | ||
| Q1 25 | $918.0M | $2.4B | ||
| Q4 24 | $936.5M | $2.3B | ||
| Q3 24 | $749.2M | $2.3B | ||
| Q2 24 | $692.9M | $2.0B | ||
| Q1 24 | $703.3M | $1.9B |
| Q4 25 | 0.58× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.59× | — | ||
| Q1 25 | 0.60× | — | ||
| Q4 24 | 0.60× | — | ||
| Q3 24 | 0.40× | — | ||
| Q2 24 | 0.27× | — | ||
| Q1 24 | 0.29× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $15.1M | $409.1M |
| Free Cash FlowOCF − Capex | — | $409.0M |
| FCF MarginFCF / Revenue | — | 161.4% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | 1.27× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $700.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.1M | $409.1M | ||
| Q3 25 | $28.6M | $83.6M | ||
| Q2 25 | $14.4M | $120.9M | ||
| Q1 25 | $-4.4M | $87.2M | ||
| Q4 24 | $19.3M | $261.2M | ||
| Q3 24 | $28.5M | $100.3M | ||
| Q2 24 | $9.0M | $55.1M | ||
| Q1 24 | $9.0M | $33.1M |
| Q4 25 | — | $409.0M | ||
| Q3 25 | — | $83.6M | ||
| Q2 25 | — | $120.8M | ||
| Q1 25 | — | $87.1M | ||
| Q4 24 | — | $260.9M | ||
| Q3 24 | — | $100.1M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 161.4% | ||
| Q3 25 | — | 34.2% | ||
| Q2 25 | — | 59.4% | ||
| Q1 25 | — | 49.9% | ||
| Q4 24 | — | 167.5% | ||
| Q3 24 | — | 67.4% | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.0% | ||
| Q2 25 | — | 0.0% | ||
| Q1 25 | — | 0.0% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | — | 0.1% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | 1.27× | — | ||
| Q3 25 | 2.34× | 1.63× | ||
| Q2 25 | — | 2.60× | ||
| Q1 25 | — | 2.03× | ||
| Q4 24 | 2.29× | — | ||
| Q3 24 | 5.57× | 3.29× | ||
| Q2 24 | 2.43× | 2.14× | ||
| Q1 24 | 0.77× | 1.26× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PANL
| Voyage | $166.3M | 90% |
| Charter | $13.1M | 7% |
| Terminal Stevedore Revenue | $4.4M | 2% |
PLMR
Segment breakdown not available.
