Top Ships (TOPS) Assets (2009 - 2025)
Top Ships (TOPS) posted Assets of $333.6 million for Q4 2025, down 21.69% on a QoQ basis from $426.0 million in Q2 2025, and down 21.09% year-over-year from $422.8 million in Q4 2024.
Analysis
Top Ships (TOPS) Assets (2009 - 2025) Analysis & Trends
Top Ships has reported Assets for 17 years, with the latest figure at $333.6 million in Q4 2025.
- On a quarterly basis, Assets fell 21.09% year-over-year to $333.6 million in Q4 2025; TTM through Dec 2025 was $333.6 million, a 21.09% decrease from a year earlier, with the FY2025 full-year figure at $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.
- The five-year high for Assets was $475.4 million in Q2 2022, with the low at $27.6 million in Q4 2021.
- Average Assets over 5 years is $384.3 million, with a median of $428.1 million recorded in 2024.
- The sharpest annual moves came in 2021 and 2025: Assets surged 2296.7% in 2021, then declined 21.09% in 2025.
- Over 5 years, Assets stood at $27.6 million in 2021, then surged by 1602.84% to $469.3 million in 2022, then dropped by 2.16% to $459.2 million in 2023, then declined by 7.93% to $422.8 million in 2024, then retreated 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 5.81 Bn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 6.22 Bn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 4.71 Bn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 3.02 Bn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 3.96 Bn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | 8.61 Bn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 4.64 Bn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 3.85 Bn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 3.82 Bn |
| 10 | Top Ships | 1.31 Mn | 1.31 Mn | - | 333.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 27.56 Mn |
| Jun 30, 2021 | 353.08 Mn |
| Dec 31, 2020 | 1.15 Mn |
| Jun 30, 2020 | 430.65 Mn |
| Dec 31, 2019 | 6.70 Mn |
| Jun 30, 2019 | 423.05 Mn |
| Jun 30, 2018 | 863,000.00 |
| Dec 31, 2017 | 220.45 Mn |
| Jun 30, 2017 | 187.27 Mn |
| Dec 31, 2016 | 143.32 Mn |
| Jun 30, 2016 | 121.67 Mn |
| Dec 31, 2015 | 74.01 Mn |