Top Ships (TOPS) Invested Capital (2009 - 2026)
Top Ships' Invested Capital was $337.65 million in the quarter ended Jun 30, 2026, down 14.1% from $393.03 million a year earlier.
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Analysis
Top Ships (TOPS) Invested Capital (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Invested Capital at Top Ships came in at $305.8 million, down 24.2% from the prior year.
- Invested Capital shows a five-year compound annual growth rate of 6.3% (years ended Dec 2020 to Dec 2025).
- In earlier years, Invested Capital was $403.68 million in the year ended Dec 31, 2024 (+6.2%), $379.96 million in the year ended Dec 31, 2023 (+10.3%), $344.39 million in the year ended Dec 31, 2022 (+41.3%) and $243.79 million in the year ended Dec 31, 2021 (+8.2%).
- Quarterly Invested Capital has moved between $243.79 million (the quarter ended Dec 31, 2021) and $407.55 million (the quarter ended Jun 30, 2024) over five years.
- Compared with a year earlier, Invested Capital was higher in 1 of the last four quarters, with an average decline of 8.9%.
- The best year-over-year quarter for Invested Capital over five years was the quarter ended Dec 31, 2022 (growth of 41.3%); the worst was the quarter ended Dec 31, 2025 (a decline of 24.2%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 51.00 Bn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 32.95 Bn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 52.60 Bn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 39.58 Bn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 32.87 Bn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 57.36 Bn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 36.87 Bn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 4.57 Bn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 11.09 Bn |
| 10 | Top Ships | 1.04 Mn | 1.04 Mn | - | 337.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 337.65 Mn |
| Dec 31, 2025 | 305.80 Mn |
| Jun 30, 2025 | 393.03 Mn |
| Dec 31, 2024 | 403.68 Mn |
| Jun 30, 2024 | 407.55 Mn |
| Dec 31, 2023 | 379.96 Mn |
| Jun 30, 2023 | 352.74 Mn |
| Dec 31, 2022 | 344.39 Mn |
| Jun 30, 2022 | 333.05 Mn |
| Dec 31, 2021 | 243.79 Mn |
| Jun 30, 2021 | 267.43 Mn |
| Dec 31, 2020 | 225.32 Mn |
| Jun 30, 2020 | 405.33 Mn |
| Dec 31, 2019 | 366.70 Mn |
| Jun 30, 2019 | 359.96 Mn |
| Dec 31, 2018 | 229.27 Mn |
| Jun 30, 2018 | 203.70 Mn |
| Dec 31, 2017 | 211.22 Mn |
| Jun 30, 2017 | 176.29 Mn |
| Dec 31, 2016 | 125.98 Mn |
API Access
Top Ships Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=TOPS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "TOPS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=TOPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();