Top Ships (TOPS) Assets Average (2009 - 2025)
Top Ships (TOPS) posted quarterly Assets Average of $379.8 million for Q4 2025, down 10.95% year-on-year from $426.5 million in Q4 2024, and down 10.51% on a QoQ basis from $424.4 million in Q2 2025.
Top Ships (TOPS) Assets Average (2009 - 2025) Analysis & Trends
Top Ships (TOPS) has reported Assets Average for 16 consecutive years, with $379.8 million the latest figure, recorded in Q4 2025.
- Quarterly Assets Average fell 10.95% year-over-year to $379.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $379.8 million (down 10.95% YoY) and the FY2025 annual result came in at $378.2 million, down 14.24% from the prior year.
- Assets Average slipped to $379.8 million in Q4 2025 per TOPS's latest filing, from $424.4 million in the prior quarter.
- Over the last five years, Assets Average for TOPS reached as high as $472.4 million in Q4 2022 and fell as low as $323.1 million in Q2 2021.
- A 5-year average of $412.6 million and a median of $425.4 million in 2024 frame the typical range for Assets Average.
- Annual changes were most pronounced in 2021 — Assets Average fell 26.2% — and 2022, when it soared 38.15%.
- Year by year, Assets Average stood at $341.9 million in 2021, then surged by 38.15% to $472.4 million in 2022, then declined by 4.16% to $452.7 million in 2023, then fell by 5.79% to $426.5 million in 2024, then retreated by 10.95% to $379.8 million in 2025.
- According to Business Quant data, Assets Average over the past three periods registered $379.8 million, $424.4 million, and $426.5 million for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 1.69 Bn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 2.60 Bn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 73.57 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 161.54 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 79.23 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | - |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 144.38 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 26.16 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 67.42 Bn |
| 10 | Top Ships | 4.15 Mn | 4.15 Mn | - | 379.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 379.80 Mn |
| Jun 30, 2025 | 424.38 Mn |
| Dec 31, 2024 | 426.50 Mn |
| Jun 30, 2024 | 444.70 Mn |
| Dec 31, 2023 | 452.70 Mn |
| Jun 30, 2023 | 457.78 Mn |
| Dec 31, 2022 | 472.37 Mn |
| Jun 30, 2022 | 403.10 Mn |
| Dec 31, 2021 | 341.94 Mn |
| Jun 30, 2021 | 323.06 Mn |
| Dec 31, 2020 | 361.84 Mn |
| Jun 30, 2020 | 437.77 Mn |
| Dec 31, 2019 | 433.97 Mn |
| Jun 30, 2019 | 340.77 Mn |
| Dec 31, 2018 | 129.68 Mn |
| Jun 30, 2018 | 110.66 Mn |
| Dec 31, 2017 | 203.86 Mn |
| Jun 30, 2017 | 165.29 Mn |
| Dec 31, 2016 | 132.49 Mn |
| Jun 30, 2016 | 97.84 Mn |