Top Ships (TOPS) Assets (2009 - 2025)

Top Ships (TOPS) recorded quarterly Assets of $333.6 million in Q4 2025, down 21.69% quarter-over-quarter from $426.0 million in Q2 2025, and down 21.09% on a YoY basis from $422.8 million in Q4 2024.

Top Ships (TOPS) Assets (2009 - 2025) Analysis & Trends

Top Ships' Assets history runs 17 years deep, the most recent figure standing at $333.6 million for Q4 2025.

  • In Q4 2025, Assets fell 21.09% year-over-year to $333.6 million; the TTM figure through Dec 2025 stood at $333.6 million (down 21.09% YoY), while the FY2025 annual figure was $333.6 million, down 21.09% from the prior year.
  • Assets was $333.6 million for Q4 2025 at Top Ships, down from $426.0 million in the prior quarter.
  • In the past five years, Assets ranged from a high of $475.4 million in Q2 2022 to a low of $330.8 million in Q4 2021.
  • Historically, Assets has averaged $414.7 million across 5 years, with a median of $428.1 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Assets jumped 41.88% in 2022, then dropped 21.09% in 2025.
  • A 5-year view of Assets shows it stood at $330.8 million in 2021, then jumped by 41.88% to $469.3 million in 2022, then slipped by 2.16% to $459.2 million in 2023, then dropped by 7.93% to $422.8 million in 2024, then fell by 21.09% to $333.6 million in 2025.
  • The last three Assets figures came in at $333.6 million (Q4 2025), $426.0 million (Q2 2025), and $422.8 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Assets (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 166.41 Bn
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 80.56 Bn
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 73.07 Bn
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 147.48 Bn
5 Scorpio Tankers 59.17 Bn 58.19 Bn - 4.08 Bn
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 42.93 Bn
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 27.11 Bn
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 68.20 Bn
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 85.15 Bn
10 Top Ships 4.27 Mn -16.11 Mn - 333.61 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 333.61 Mn
Jun 30, 2025 426.00 Mn
Dec 31, 2024 422.77 Mn
Jun 30, 2024 430.22 Mn
Dec 31, 2023 459.19 Mn
Jun 30, 2023 446.22 Mn
Dec 31, 2022 469.34 Mn
Jun 30, 2022 475.41 Mn
Dec 31, 2021 330.79 Mn
Jun 30, 2021 353.08 Mn
Dec 31, 2020 293.03 Mn
Jun 30, 2020 430.65 Mn
Dec 31, 2019 444.89 Mn
Jun 30, 2019 423.05 Mn
Dec 31, 2018 258.49 Mn
Jun 30, 2018 219.29 Mn
Dec 31, 2017 220.45 Mn
Jun 30, 2017 187.27 Mn
Dec 31, 2016 143.32 Mn
Jun 30, 2016 121.67 Mn