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Side-by-side financial comparison of Pangaea Logistics Solutions Ltd. (PANL) and PARK NATIONAL CORP (PRK). Click either name above to swap in a different company.
Pangaea Logistics Solutions Ltd. is the larger business by last-quarter revenue ($183.9M vs $168.3M, roughly 1.1× PARK NATIONAL CORP). PARK NATIONAL CORP runs the higher net margin — 25.3% vs 6.5%, a 18.9% gap on every dollar of revenue. On growth, Pangaea Logistics Solutions Ltd. posted the faster year-over-year revenue change (24.9% vs 2.2%). Over the past eight quarters, Pangaea Logistics Solutions Ltd.'s revenue compounded faster (32.5% CAGR vs 4.9%).
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.
National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.
PANL vs PRK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $183.9M | $168.3M |
| Net Profit | $11.9M | $42.6M |
| Gross Margin | — | — |
| Operating Margin | 9.5% | — |
| Net Margin | 6.5% | 25.3% |
| Revenue YoY | 24.9% | 2.2% |
| Net Profit YoY | 40.9% | 10.4% |
| EPS (diluted) | $0.18 | $2.62 |
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 | $168.3M | ||
| Q3 25 | $168.7M | $169.5M | ||
| Q2 25 | $156.7M | $168.7M | ||
| Q1 25 | $122.8M | $157.9M | ||
| Q4 24 | $147.2M | $164.7M | ||
| Q3 24 | $153.1M | $170.3M | ||
| Q2 24 | $131.5M | $157.7M | ||
| Q1 24 | $104.7M | $152.8M |
| Q4 25 | $11.9M | $42.6M | ||
| Q3 25 | $12.2M | $47.2M | ||
| Q2 25 | $-2.7M | $48.1M | ||
| Q1 25 | $-2.0M | $42.2M | ||
| Q4 24 | $8.4M | $38.6M | ||
| Q3 24 | $5.1M | $38.2M | ||
| Q2 24 | $3.7M | $39.4M | ||
| Q1 24 | $11.7M | $35.2M |
| Q4 25 | 9.5% | — | ||
| Q3 25 | 10.0% | 34.3% | ||
| Q2 25 | 2.3% | 35.2% | ||
| Q1 25 | 2.4% | 32.4% | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 9.8% | 27.4% | ||
| Q2 24 | 5.8% | 30.6% | ||
| Q1 24 | 10.5% | 27.8% |
| Q4 25 | 6.5% | 25.3% | ||
| Q3 25 | 7.2% | 27.8% | ||
| Q2 25 | -1.8% | 28.5% | ||
| Q1 25 | -1.6% | 26.7% | ||
| Q4 24 | 5.7% | 23.5% | ||
| Q3 24 | 3.3% | 22.4% | ||
| Q2 24 | 2.8% | 25.0% | ||
| Q1 24 | 11.1% | 23.0% |
| Q4 25 | $0.18 | $2.62 | ||
| Q3 25 | $0.19 | $2.92 | ||
| Q2 25 | $-0.04 | $2.97 | ||
| Q1 25 | $-0.03 | $2.60 | ||
| Q4 24 | $0.19 | $2.38 | ||
| Q3 24 | $0.11 | $2.35 | ||
| Q2 24 | $0.08 | $2.42 | ||
| Q1 24 | $0.25 | $2.17 |
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 | $233.5M |
| Total DebtLower is stronger | $249.6M | — |
| Stockholders' EquityBook value | $429.3M | $1.4B |
| Total Assets | $928.1M | $9.8B |
| Debt / EquityLower = less leverage | 0.58× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $103.1M | $233.5M | ||
| Q3 25 | $94.0M | $218.9M | ||
| Q2 25 | $59.3M | $193.1M | ||
| Q1 25 | $63.9M | $237.6M | ||
| Q4 24 | $86.8M | $160.6M | ||
| Q3 24 | $93.1M | $201.7M | ||
| Q2 24 | $77.9M | $261.5M | ||
| Q1 24 | $95.9M | $306.1M |
| 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 | $1.4B | ||
| Q3 25 | $420.3M | $1.3B | ||
| Q2 25 | $414.4M | $1.3B | ||
| Q1 25 | $420.8M | $1.3B | ||
| Q4 24 | $427.8M | $1.2B | ||
| Q3 24 | $332.6M | $1.2B | ||
| Q2 24 | $331.5M | $1.2B | ||
| Q1 24 | $332.0M | $1.2B |
| Q4 25 | $928.1M | $9.8B | ||
| Q3 25 | $932.1M | $9.9B | ||
| Q2 25 | $916.0M | $9.9B | ||
| Q1 25 | $918.0M | $9.9B | ||
| Q4 24 | $936.5M | $9.8B | ||
| Q3 24 | $749.2M | $9.9B | ||
| Q2 24 | $692.9M | $9.9B | ||
| Q1 24 | $703.3M | $9.9B |
| 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 | $198.3M |
| Free Cash FlowOCF − Capex | — | $191.9M |
| FCF MarginFCF / Revenue | — | 114.1% |
| Capex IntensityCapex / Revenue | — | 3.8% |
| Cash ConversionOCF / Net Profit | 1.27× | 4.65× |
| TTM Free Cash FlowTrailing 4 quarters | — | $328.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $15.1M | $198.3M | ||
| Q3 25 | $28.6M | $52.6M | ||
| Q2 25 | $14.4M | $49.7M | ||
| Q1 25 | $-4.4M | $37.9M | ||
| Q4 24 | $19.3M | $178.8M | ||
| Q3 24 | $28.5M | $43.8M | ||
| Q2 24 | $9.0M | $50.9M | ||
| Q1 24 | $9.0M | $35.0M |
| Q4 25 | — | $191.9M | ||
| Q3 25 | — | $51.1M | ||
| Q2 25 | — | $48.4M | ||
| Q1 25 | — | $36.8M | ||
| Q4 24 | — | $169.7M | ||
| Q3 24 | — | $41.7M | ||
| Q2 24 | — | $49.0M | ||
| Q1 24 | — | $31.9M |
| Q4 25 | — | 114.1% | ||
| Q3 25 | — | 30.1% | ||
| Q2 25 | — | 28.7% | ||
| Q1 25 | — | 23.3% | ||
| Q4 24 | — | 103.0% | ||
| Q3 24 | — | 24.5% | ||
| Q2 24 | — | 31.1% | ||
| Q1 24 | — | 20.8% |
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 5.6% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.2% | ||
| Q1 24 | — | 2.1% |
| Q4 25 | 1.27× | 4.65× | ||
| Q3 25 | 2.34× | 1.11× | ||
| Q2 25 | — | 1.03× | ||
| Q1 25 | — | 0.90× | ||
| Q4 24 | 2.29× | 4.63× | ||
| Q3 24 | 5.57× | 1.14× | ||
| Q2 24 | 2.43× | 1.29× | ||
| Q1 24 | 0.77× | 0.99× |
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% |
PRK
Segment breakdown not available.
