diff --git a/math/py-linearmodels/Makefile b/math/py-linearmodels/Makefile
index 202985f316a5..d4f2d0b99187 100644
--- a/math/py-linearmodels/Makefile
+++ b/math/py-linearmodels/Makefile
@@ -1,43 +1,43 @@
 PORTNAME=	linearmodels
-PORTVERSION=	5.1
+DISTVERSION=	5.2
 CATEGORIES=	math python # statistics
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	yuri@FreeBSD.org
 COMMENT=	Linear Panel, Instrumental Variable, Asset Pricing and other models
 WWW=		https://bashtage.github.io/linearmodels/
 
 LICENSE=	BSD3CLAUSE
 LICENSE_FILE=	${WRKSRC}/LICENSE.md
 
-PY_DEPENDS=	${PYTHON_PKGNAMEPREFIX}formulaic>=0.3.2:math/py-formulaic@${PY_FLAVOR} \
+PY_DEPENDS=	${PYTHON_PKGNAMEPREFIX}formulaic>=0.6.1:math/py-formulaic@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}mypy_extensions>=0.4:devel/py-mypy_extensions@${PY_FLAVOR} \
 		${PYNUMPY} \
-		${PYTHON_PKGNAMEPREFIX}pandas>=0.24:math/py-pandas@${PY_FLAVOR} \
+		${PYTHON_PKGNAMEPREFIX}pandas>=1.1.0:math/py-pandas@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}property-cached>=1.6.3:devel/py-property-cached@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}pyhdfe>=0.1:math/py-pyhdfe@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}scipy>=1.5.0:science/py-scipy@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}statsmodels>=0.12.0:math/py-statsmodels@${PY_FLAVOR}
 BUILD_DEPENDS=	${PYTHON_PKGNAMEPREFIX}setuptools_scm>0:devel/py-setuptools_scm@${PY_FLAVOR} \
 		${PY_DEPENDS}
 RUN_DEPENDS=	${PY_DEPENDS}
 TEST_DEPENDS=	${PYTHON_PKGNAMEPREFIX}black>0:devel/py-black@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}coverage>0:devel/py-coverage@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}flake8>0:devel/py-flake8@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}isort>0:devel/py-isort@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}matplotlib>0:math/py-matplotlib@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}pytest-cov>0:devel/py-pytest-cov@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}pytest-xdist>0:devel/py-pytest-xdist@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}seaborn>0:math/py-seaborn@${PY_FLAVOR} \
 		${PYTHON_PKGNAMEPREFIX}xarray>=0.13:devel/py-xarray@${PY_FLAVOR}
 
 USES=		python shebangfix
-USE_PYTHON=	distutils cython autoplist pytest # tests fail to run, see https://github.com/bashtage/linearmodels/issues/512
+USE_PYTHON=	distutils cython autoplist pytest # 14 tests fail, see https://github.com/bashtage/linearmodels/issues/550
 
 TEST_ENV=	${MAKE_ENV} PYTHONPATH=${STAGEDIR}${PYTHONPREFIX_SITELIBDIR}
 
 post-install:
 	@${STRIP_CMD} ${STAGEDIR}${PYTHON_SITELIBDIR}/linearmodels/panel/_utility${PYTHON_EXT_SUFFIX}.so
 
 .include <bsd.port.mk>
diff --git a/math/py-linearmodels/distinfo b/math/py-linearmodels/distinfo
index df45655fcc70..7b7c3fa37a18 100644
--- a/math/py-linearmodels/distinfo
+++ b/math/py-linearmodels/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1687195652
-SHA256 (linearmodels-5.1.tar.gz) = 1a157a974a346a78b9a3e42b86e5a624b052c4269b0441f56deac57f75cf95c5
-SIZE (linearmodels-5.1.tar.gz) = 1789576
+TIMESTAMP = 1694242737
+SHA256 (linearmodels-5.2.tar.gz) = 1758e8d163c28d235320b2e9ec1578ace2f4532b0a9195af2508da61aeb5b482
+SIZE (linearmodels-5.2.tar.gz) = 1822967