Pangaea Logistics Solutions Ltd.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2015 | — | 7.1% | 3.9% |
| FY2016 | — | 5.4% | 3.1% |
| FY2017 | — | 4.2% | 2.0% |
| FY2018 | — | 9.7% | 4.8% |
| FY2019 | — | 5.6% | 2.8% |
| FY2020 | — | 5.1% | 3.0% |
| FY2021 | — | 11.0% | 9.4% |
| FY2022 | — | 15.1% | 11.4% |
| FY2023 | — | 8.9% | 5.3% |
| FY2024 | — | 9.0% | 5.4% |