Top Ships (TOPS) EBITDA (2009 - 2022)

Top Ships (TOPS) posted quarterly EBITDA of $32.6 million for Q4 2022, down 7.38% year-on-year from $35.2 million in Q4 2021, and down 7.38% on a QoQ basis from $35.2 million in Q4 2021.

Top Ships (TOPS) EBITDA (2009 - 2022) Analysis & Trends

Top Ships (TOPS) has reported EBITDA for 10 consecutive years, with $32.6 million the latest figure, recorded in Q4 2022.

  • Quarterly EBITDA fell 7.38% year-over-year to $32.6 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $134.3 million (up 42.47% YoY) and the FY2025 annual result came in at $26.3 million, down 5.82% from the prior year.
  • EBITDA declined to $32.6 million in Q4 2022 per TOPS's latest filing, from $35.2 million in the prior quarter.
  • Over the last five years, EBITDA for TOPS reached as high as $36.5 million in Q4 2019 and fell as low as $30.0 million in Q4 2020.
  • A 4-year average of $33.6 million and a median of $33.9 million in 2021 frame the typical range for EBITDA.
  • Annual changes were most pronounced in 2020 — EBITDA declined 17.74% — and 2021, when it advanced 17.39%.
  • Year by year, EBITDA stood at $36.5 million in 2019, then dropped by 17.74% to $30.0 million in 2020, then grew by 17.39% to $35.2 million in 2021, then dropped by 7.38% to $32.6 million in 2022.
  • According to Business Quant data, EBITDA over the past three periods registered $32.6 million, $35.2 million, and $30.0 million for Q4 2022, Q4 2021, and Q4 2020 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 133.31 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 64.35 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 1.35 Bn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 2.35 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.90 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 1.43 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 2.98 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 846.90 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 1.43 Bn
10 Top Ships 4.15 Mn 4.15 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2022 32.62 Mn
Dec 31, 2021 35.22 Mn
Dec 31, 2020 30.00 Mn
Dec 31, 2019 36.47 Mn
Dec 31, 2015 -7.42 Mn
Dec 31, 2014 19,000.00
Sep 30, 2014 51,000.00
Jun 30, 2014 256,000.00
Mar 31, 2014 66,000.00
Dec 31, 2013 -3.03 Mn
Sep 30, 2013 5.99 Mn
Jun 30, 2013 3.71 Mn
Mar 31, 2013 4.67 Mn
Jun 30, 2011 -97.55 Mn
Mar 31, 2011 14.71 Mn
Dec 31, 2010 6.15 Mn
Sep 30, 2010 6,576.00
Jun 30, 2010 4.08 Mn
Mar 31, 2010 14.91 Mn
Dec 31, 2009 -31.73 Mn