Pangaea Logistics Solutions Ltd. Quarterly Return On Equity in % from Q2 2015 to Q3 2024

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Pangaea Logistics Solutions Ltd. quarterly/annual Return On Equity history and growth rate from Q2 2015 to Q3 2024.
  • Pangaea Logistics Solutions Ltd. Return On Equity for the quarter ending September 30, 2024 was 5.73 %, a 48.2% decline year-over-year.
  • Pangaea Logistics Solutions Ltd. annual Return On Equity for 2023 was 7.15 %, a 68.9% decline from 2022.
  • Pangaea Logistics Solutions Ltd. annual Return On Equity for 2022 was 23 %, a 7.38% decline from 2021.
  • Pangaea Logistics Solutions Ltd. annual Return On Equity for 2021 was 24.8 %, a 414% increase from 2020.
Return On Equity, Quarterly (%)
Return On Equity, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q3 2024 5.73 -5.33 -48.2% Jul 1, 2024 Sep 30, 2024
Q2 2024 9.4 -1.77 -15.8% Apr 1, 2024 Jun 30, 2024
Q1 2024 9.27 -8.31 -47.3% Jan 1, 2024 Mar 31, 2024
Q4 2023 7.14 -15.8 -68.9% Oct 1, 2023 Dec 31, 2023
Q3 2023 11.1 -13 -54% Jul 1, 2023 Sep 30, 2023
Q2 2023 11.2 -17 -60.3% Apr 1, 2023 Jun 30, 2023
Q1 2023 17.6 -10.6 -37.5% Jan 1, 2023 Mar 31, 2023
Q4 2022 23 -1.89 -7.61% Oct 1, 2022 Dec 31, 2022
Q3 2022 24.1 +0.58 +2.47% Jul 1, 2022 Sep 30, 2022
Q2 2022 28.2 +11.4 +68.3% Apr 1, 2022 Jun 30, 2022
Q1 2022 28.1 +18 +177% Jan 1, 2022 Mar 31, 2022
Q4 2021 24.8 +20 +412% Oct 1, 2021 Dec 31, 2021
Q3 2021 23.5 +23.7 Jul 1, 2021 Sep 30, 2021
Q2 2021 16.8 +16.7 +40450% Apr 1, 2021 Jun 30, 2021
Q1 2021 10.2 +9.67 +1944% Jan 1, 2021 Mar 31, 2021
Q4 2020 4.85 +0.01 +0.21% Oct 1, 2020 Dec 31, 2020
Q3 2020 -0.25 -6.78 -104% Jul 1, 2020 Sep 30, 2020
Q2 2020 0.04 -6.59 -99.4% Apr 1, 2020 Jun 30, 2020
Q1 2020 0.5 -6.94 -93.3% Jan 1, 2020 Mar 31, 2020
Q4 2019 4.84 -3.06 -38.7% Oct 1, 2019 Dec 31, 2019
Q3 2019 6.52 -3.68 -36.1% Jul 1, 2019 Sep 30, 2019
Q2 2019 6.63 -3.38 -33.8% Apr 1, 2019 Jun 30, 2019
Q1 2019 7.44 +2.14 +40.4% Jan 1, 2019 Mar 31, 2019
Q4 2018 7.9 +3.91 +98% Oct 1, 2018 Dec 31, 2018
Q3 2018 10.2 +8.14 +396% Jul 1, 2018 Sep 30, 2018
Q2 2018 10 +8.46 +548% Apr 1, 2018 Jun 30, 2018
Q1 2018 5.29 +0.96 +22.2% Jan 1, 2018 Mar 31, 2018
Q4 2017 3.99 -0.37 -8.48% Oct 1, 2017 Dec 31, 2017
Q3 2017 2.06 +0.51 +33% Jul 1, 2017 Sep 30, 2017
Q2 2017 1.54 +1.86 Apr 1, 2017 Jun 30, 2017
Q1 2017 4.33 +0.88 +25.5% Jan 1, 2017 Mar 31, 2017
Q4 2016 4.36 -4.51 -50.8% Oct 1, 2016 Dec 31, 2016
Q3 2016 1.55 +2.43 Jul 1, 2016 Sep 30, 2016
Q2 2016 -0.31 +8.25 +96.3% Apr 1, 2016 Jun 30, 2016
Q1 2016 3.45 Jan 1, 2016 Mar 31, 2016
Q4 2015 8.87 Oct 1, 2015 Dec 31, 2015
Q3 2015 -0.88 Jul 1, 2015 Sep 30, 2015
Q2 2015 -8.56 Apr 1, 2015 Jun 30, 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.