Top Ships (TOPS) Assets (2009 - 2025)

Top Ships (TOPS) posted quarterly Assets of $333.6 million for Q4 2025, down 21.09% year-on-year from $422.8 million in Q4 2024, and down 21.69% on a QoQ basis from $426.0 million in Q2 2025.

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

Top Ships (TOPS) has reported Assets for 17 consecutive years, with $333.6 million the latest figure, recorded in Q4 2025.

  • Quarterly Assets fell 21.09% year-over-year to $333.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $333.6 million (down 21.09% YoY) and the FY2025 annual result came in at $333.6 million, down 21.09% from the prior year.
  • Assets eased to $333.6 million in Q4 2025 per TOPS's latest filing, from $426.0 million in the prior quarter.
  • Over the last five years, Assets for TOPS reached as high as $475.4 million in Q2 2022 and fell as low as $330.8 million in Q4 2021.
  • A 5-year average of $414.7 million and a median of $428.1 million in 2024 frame the typical range for Assets.
  • Annual changes were most pronounced in 2022 — Assets surged 41.88% — and 2025, when it declined 21.09%.
  • Year by year, Assets stood at $330.8 million in 2021, then soared by 41.88% to $469.3 million in 2022, then declined by 2.16% to $459.2 million in 2023, then fell by 7.93% to $422.8 million in 2024, then decreased by 21.09% to $333.6 million in 2025.
  • According to Business Quant data, Assets over the past three periods registered $333.6 million, $426.0 million, and $422.8 million for Q4 2025, Q2 2025, and Q4 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Assets (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 1.79 Bn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 2.58 Bn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 74.06 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 166.41 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 80.56 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 85.15 Bn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 147.48 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 27.11 Bn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 68.20 Bn
10 Top Ships 4.15 Mn 4.15 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 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