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-on-year from $426.5 million in Q4 2024.
Top Ships (TOPS) Assets Average (2009 - 2025) Analysis & Trends
Top Ships has disclosed Assets Average across 16 years of filings, most recently posting $379.8 million for Q4 2025.
- Assets Average for Q4 2025 came in at $379.8 million, down 10.95% year-over-year; the trailing twelve-month figure through Dec 2025 was $379.8 million (down 10.95% YoY), and the FY2025 annual result was $378.2 million, down 14.24% from the prior year.
- Assets Average came in at $379.8 million for Q4 2025 at Top Ships, down 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.
- Median Assets Average over the past 5 years was $425.4 million (2024), compared with a mean of $412.6 million.
- Year-over-year, Assets Average fell 26.2% in 2021 and soared 38.15% in 2022.
- Over 5 years, Assets Average 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.
- Per Business Quant, the three latest TOPS Assets Average figures stand at $379.8 million (Q4 2025), $424.4 million (Q2 2025), and $426.5 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 161.54 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 72.91 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 79.23 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 144.38 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 26.16 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 42.97 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 67.42 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 17.27 Bn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 54.87 Bn |
| 10 | Top Ships | 35,420.00 | 35,420.00 | - | 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 |