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| Date | Value |
|---|---|
| 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 |