Top Ships (TOPS) Assets Average (2009 - 2025)
Top Ships (TOPS) posted Assets Average of $379.8 million for Q4 2025, down 10.51% on a QoQ basis from $424.4 million in Q2 2025, and down 10.95% year-over-year from $426.5 million in Q4 2024.
Analysis
Top Ships (TOPS) Assets Average (2009 - 2025) Analysis & Trends
Top Ships has reported Assets Average for 16 years, with the latest figure at $379.8 million in Q4 2025.
- On a quarterly basis, Assets Average fell 10.95% year-over-year to $379.8 million in Q4 2025; TTM through Dec 2025 was $379.8 million, a 10.95% decrease from a year earlier, with the FY2025 full-year figure at $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.
- The five-year high for Assets Average was $472.4 million in Q4 2022, with the low at $177.1 million in Q2 2021.
- Average Assets Average over 5 years is $367.7 million, with a median of $425.4 million recorded in 2024.
- The sharpest annual moves came in 2021 and 2022: Assets Average retreated 19.01% in 2021, then jumped 148.2% in 2022.
- Over 5 years, Assets Average stood at $190.3 million in 2021, then surged by 148.2% to $472.4 million in 2022, then dropped by 4.16% to $452.7 million in 2023, then declined by 5.79% to $426.5 million in 2024, then fell 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - | 5.74 Bn |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn | 6.17 Bn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - | 4.65 Bn |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn | 2.95 Bn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn | 4.00 Bn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn | - |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn | 4.36 Bn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn | 3.76 Bn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn | 3.68 Bn |
| 10 | Top Ships | 1.31 Mn | 1.31 Mn | - | 379.80 Mn |
Historic Data
Download Data
Historic 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 | 251.48 Mn |
| Dec 31, 2021 | 190.32 Mn |
| Jun 30, 2021 | 177.12 Mn |
| Dec 31, 2020 | 215.90 Mn |
| Jun 30, 2020 | 218.68 Mn |
| Dec 31, 2019 | 214.87 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 |
| Dec 31, 2015 | 62.18 Mn |
| Jun 30, 2015 | 62.97 Mn |