Top Ships (TOPS) Inventory Average (2014 - 2025)
Top Ships (TOPS) posted quarterly Inventory Average of $778500.0 for Q4 2025, down 19.24% year-on-year from $964000.0 in Q4 2024, and down 21.2% on a QoQ basis from $988000.0 in Q2 2025.
Top Ships (TOPS) Inventory Average (2014 - 2025) Analysis & Trends
Top Ships (TOPS) has reported Inventory Average for 12 consecutive years, with $778500.0 the latest figure, recorded in Q4 2025.
- Quarterly Inventory Average fell 19.24% year-over-year to $778500.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $778500.0 (down 19.24% YoY) and the FY2025 annual result came in at $773500.0, down 18.49% from the prior year.
- Inventory Average fell to $778500.0 in Q4 2025 per TOPS's latest filing, from $988000.0 in the prior quarter.
- Over the last five years, Inventory Average for TOPS reached as high as $1.0 million in Q2 2023 and fell as low as $592500.0 in Q2 2021.
- A 5-year average of $873600.0 and a median of $947000.0 in 2024 frame the typical range for Inventory Average.
- Annual changes were most pronounced in 2021 — Inventory Average retreated 29.92% — and 2022, when it surged 46.2%.
- Year by year, Inventory Average stood at $671000.0 in 2021, then jumped by 46.2% to $981000.0 in 2022, then increased by 0.51% to $986000.0 in 2023, then slipped by 2.23% to $964000.0 in 2024, then declined by 19.24% to $778500.0 in 2025.
- According to Business Quant data, Inventory Average over the past three periods registered $778500.0, $988000.0, and $964000.0 for Q4 2025, Q2 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 27.46 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 7.66 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 579.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.25 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 4.56 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 584.48 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.71 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 381.85 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 1.04 Bn |
| 10 | Top Ships | 4.15 Mn | 4.15 Mn | - | 778,500.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 778,500.00 |
| Jun 30, 2025 | 988,000.00 |
| Dec 31, 2024 | 964,000.00 |
| Jun 30, 2024 | 930,000.00 |
| Dec 31, 2023 | 986,000.00 |
| Jun 30, 2023 | 1.04 Mn |
| Dec 31, 2022 | 981,000.00 |
| Jun 30, 2022 | 803,500.00 |
| Dec 31, 2021 | 671,000.00 |
| Jun 30, 2021 | 592,500.00 |
| Dec 31, 2020 | 678,500.00 |
| Jun 30, 2020 | 845,500.00 |
| Dec 31, 2019 | 885,500.00 |
| Jun 30, 2019 | 755,000.00 |
| Dec 31, 2018 | 578,500.00 |
| Jun 30, 2018 | 607,500.00 |
| Dec 31, 2017 | 651,500.00 |
| Jun 30, 2017 | 620,500.00 |
| Dec 31, 2016 | 530,500.00 |
| Jun 30, 2016 | 440,000.00 |