Pangaea Logistics Solutions vs Tsakos Energy Navigation
Tsakos Energy Navigation is the larger business, with $799m of revenue in fiscal 2025 against $632m for Pangaea Logistics Solutions (1.3 times as much). Pangaea Logistics Solutions grew faster (17.8% against -0.7%). Tsakos Energy Navigation kept more of each dollar of sales as profit: a net margin of 20.1% against 3.1%. Pangaea Logistics Solutions carries less debt relative to equity (58.1% against 106.1%).
| Latest fiscal year | Pangaea Logistics SolutionsPANL, 2025 | Tsakos Energy NavigationTEN, 2025 |
|---|---|---|
| Revenue | $632m | $799m |
| Revenue growth | 17.8% | -0.7% |
| Net income | $19.4m | $161m |
| Operating margin | 6.5% | 31.6% |
| Net margin | 3.1% | 20.1% |
| Return on equity | 4.5% | 9.1% |
| Free cash flow | $49.4m | −$4.5m |
| Cash | $103m | $293m |
| Total debt | $250m | $1.93bn |
| Debt to equity | 58.1% | 106.1% |
| Dividend per share | — | — |
| Dividend yield | 4.7% | 4.0% |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $499m | $1.49bn |
| Price vs our value range | Below our value range | — |
| Moat score | 40 (Weak) | — |
| Insider trades, 12 months | 0 buys, 3 sales | 2 buys, 4 sales |