Top Ships (TOPS) Common Equity (2009 - 2025)
Top Ships (TOPS) posted quarterly Common Equity of $89.2 million for Q4 2025, down 38.24% year-over-year from $144.4 million in Q4 2024, and down 29.85% quarter-over-quarter from $127.1 million in Q2 2025.
Top Ships (TOPS) Common Equity (2009 - 2025) Analysis & Trends
Top Ships' Common Equity history runs 17 years deep, the most recent figure standing at $89.2 million for Q4 2025.
- In Q4 2025, Common Equity fell 38.24% year-over-year to $89.2 million; the TTM figure through Dec 2025 stood at $89.2 million (down 38.24% YoY), while the FY2025 annual figure was $89.2 million, down 38.24% from the prior year.
- Common Equity for Q4 2025 stood at $89.2 million, 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.
- The 5-year median for Common Equity is $118.6 million (2021), against an average of $117.1 million.
- The sharpest annual moves came in 2023 and 2025: Common Equity soared 41.72% in 2023, then slumped 38.24% in 2025.
- Top Ships' Common Equity stood at $93.2 million in 2021, then advanced by 18.72% to $110.7 million in 2022, then advanced by 26.02% to $139.5 million in 2023, then climbed by 3.55% to $144.4 million in 2024, then slumped by 38.24% to $89.2 million in 2025.
- Business Quant data shows TOPS's Common Equity at $89.2 million in Q4 2025, $127.1 million in Q2 2025, and $144.4 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 32.88 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 49.24 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 31.37 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 50.52 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 20.07 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 14.25 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 23.04 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 3.80 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 11.49 Bn |
| 10 | Top Ships | 4.05 Mn | 4.05 Mn | - | 89.19 Mn |
Historic Data
Download 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 |