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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |