Top Ships (TOPS) Current Leases (2019 - 2025)

Top Ships (TOPS) posted quarterly Current Leases of $3.0 million for Q2 2025, down 61.43% year-on-year from $7.7 million in Q2 2024, and down 53.47% on a QoQ basis from $6.4 million in Q4 2024.

Top Ships (TOPS) Current Leases (2019 - 2025) Analysis & Trends

Top Ships (TOPS) has reported Current Leases for 7 consecutive years, with $3.0 million the latest figure, recorded in Q2 2025.

  • Quarterly Current Leases fell 61.43% year-over-year to $3.0 million in Q2 2025, while the trailing twelve-month figure through Jun 2025 was $3.0 million (down 61.43% YoY) and the FY2024 annual result came in at $6.4 million, down 29.21% from the prior year.
  • Current Leases retreated to $3.0 million in Q2 2025 per TOPS's latest filing, from $6.4 million in the prior quarter.
  • Over the last five years, Current Leases for TOPS reached as high as $9.8 million in Q4 2021 and fell as low as $3.0 million in Q2 2025.
  • A 5-year average of $8.0 million and a median of $8.8 million in 2023 frame the typical range for Current Leases.
  • Annual changes were most pronounced in 2021 — Current Leases rose 5.67% — and 2025, when it slumped 61.43%.
  • Year by year, Current Leases stood at $9.8 million in 2021, then slipped by 12.28% to $8.6 million in 2022, then climbed by 4.3% to $9.0 million in 2023, then decreased by 29.21% to $6.4 million in 2024, then slumped by 53.47% to $3.0 million in 2025.
  • According to Business Quant data, Current Leases over the past three periods registered $3.0 million, $6.4 million, and $7.7 million for Q2 2025, Q4 2024, and Q2 2024 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn -
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn -
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - -
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 201.00 Mn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 96.90 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn -
10 Top Ships 4.15 Mn 4.15 Mn - -

Historic Data

Download Data
DateValue
Jun 30, 2025 2.96 Mn
Dec 31, 2024 6.36 Mn
Jun 30, 2024 7.67 Mn
Dec 31, 2023 8.98 Mn
Jun 30, 2023 8.80 Mn
Dec 31, 2022 8.61 Mn
Jun 30, 2022 9.21 Mn
Dec 31, 2021 9.82 Mn
Jun 30, 2021 9.60 Mn
Dec 31, 2020 9.29 Mn
Jun 30, 2019 4.99 Mn