Top Ships TOPS
NYSE TOPS
$0.73 -0.03 (-3.95%)
At close: Sep 4, 2026 · 4:00 PM EDT

Top Ships (TOPS) Common Equity (2009 - 2025)

Top Ships (TOPS) posted Common Equity of $89.2 million for Q4 2025, down 29.85% on a QoQ basis from $127.1 million in Q2 2025, and down 38.24% year-over-year from $144.4 million in Q4 2024.

Analysis

Top Ships (TOPS) Common Equity (2009 - 2025) Analysis & Trends

Top Ships has reported Common Equity for 17 years, with the latest figure at $89.2 million in Q4 2025.

  • On a quarterly basis, Common Equity fell 38.24% year-over-year to $89.2 million in Q4 2025; TTM through Dec 2025 was $89.2 million, a 38.24% decrease from a year earlier, with the FY2025 full-year figure at $89.2 million, down 38.24% from the prior year.
  • Common Equity was $89.2 million for Q4 2025 at Top Ships, down from $127.1 million in the prior quarter.
  • The five-year high for Common Equity was $144.4 million in Q4 2024, with the low at $88.6 million in Q2 2022.
  • Average Common Equity over 5 years is $117.1 million, with a median of $118.6 million recorded in 2021.
  • The sharpest annual moves came in 2023 and 2025: Common Equity surged 41.72% in 2023, then slumped 38.24% in 2025.
  • Over 5 years, Common Equity stood at $93.2 million in 2021, then grew by 18.72% to $110.7 million in 2022, then grew by 26.02% to $139.5 million in 2023, then increased by 3.55% to $144.4 million in 2024, then slumped by 38.24% to $89.2 million in 2025.
  • The last three Common Equity figures came in at $89.2 million (Q4 2025), $127.1 million (Q2 2025), and $144.4 million (Q4 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 3.15 Bn
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 3.44 Bn
3 Matson 6.74 Bn 6.62 Bn - 2.77 Bn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 2.27 Bn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 2.65 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 3.64 Bn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 2.51 Bn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn 2.55 Bn
10 Top Ships 1.31 Mn 1.31 Mn - 89.19 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 89.19 Mn
Jun 30, 2025 127.14 Mn
Dec 31, 2024 144.42 Mn
Jun 30, 2024 141.34 Mn
Dec 31, 2023 139.46 Mn
Jun 30, 2023 125.55 Mn
Dec 31, 2022 110.67 Mn
Jun 30, 2022 88.59 Mn
Dec 31, 2021 93.22 Mn
Jun 30, 2021 111.66 Mn
Dec 31, 2020 120.70 Mn
Jun 30, 2020 126.68 Mn
Dec 31, 2019 87.67 Mn
Jun 30, 2019 93.72 Mn
Dec 31, 2018 104.28 Mn
Jun 30, 2018 98.67 Mn
Dec 31, 2017 107.27 Mn
Jun 30, 2017 73.54 Mn
Dec 31, 2016 45.52 Mn
Jun 30, 2016 38.59 Mn