Top Ships (TOPS) Assets Average (2009 - 2025)
Top Ships (TOPS) recorded quarterly Assets Average of $379.8 million in Q4 2025, down 10.51% quarter-over-quarter from $424.4 million in Q2 2025, and down 10.95% on a YoY basis from $426.5 million in Q4 2024.
Top Ships (TOPS) Assets Average (2009 - 2025) Analysis & Trends
Top Ships' Assets Average history runs 16 years deep, the most recent figure standing at $379.8 million for Q4 2025.
- In Q4 2025, Assets Average fell 10.95% year-over-year to $379.8 million; the TTM figure through Dec 2025 stood at $379.8 million (down 10.95% YoY), while the FY2025 annual figure was $378.2 million, down 14.24% from the prior year.
- Assets Average was $379.8 million for Q4 2025 at Top Ships, down from $424.4 million in the prior quarter.
- In the past five years, Assets Average ranged from a high of $472.4 million in Q4 2022 to a low of $323.1 million in Q2 2021.
- Historically, Assets Average has averaged $412.6 million across 5 years, with a median of $425.4 million in 2024.
- The sharpest annual moves came in 2021 and 2022: Assets Average declined 26.2% in 2021, then surged 38.15% in 2022.
- A 5-year view of Assets Average shows it stood at $341.9 million in 2021, then soared by 38.15% to $472.4 million in 2022, then slipped by 4.16% to $452.7 million in 2023, then dropped by 5.79% to $426.5 million in 2024, then declined by 10.95% to $379.8 million in 2025.
- The last three Assets Average figures came in at $379.8 million (Q4 2025), $424.4 million (Q2 2025), and $426.5 million (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 161.54 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 79.23 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 72.91 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 144.38 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 4.00 Bn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 42.97 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 26.16 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 67.42 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | - |
| 10 | Top Ships | 4.27 Mn | -16.11 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 | 238.89 Mn |
| Jun 30, 2018 | 219.87 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 |