Top Ships (TOPS) Liabilities and Shareholders Equity (2009 - 2026)
Top Ships (TOPS) posted Liabilities and Shareholders Equity of $373.5 million for the quarter ended Jun 30, 2026, down 12.3% from $426 million a year earlier.
Top Ships (TOPS) Liabilities and Shareholders Equity (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Top Ships' Liabilities and Shareholders Equity came in at $333.61 million, down 21.1% from the prior year.
- Annual Liabilities and Shareholders Equity has declined for three consecutive years, though with a five-year compound annual growth rate of 2.6% (years ended Dec 2020 to Dec 2025).
- In prior years, Top Ships' Liabilities and Shareholders Equity was $422.77 million in the year ended Dec 31, 2024 (-7.9%), $459.19 million in the year ended Dec 31, 2023 (-2.2%), $469.34 million in the year ended Dec 31, 2022 (+41.9%) and $330.79 million in the year ended Dec 31, 2021 (+12.9%).
- Quarterly Liabilities and Shareholders Equity has run from a low of $330.79 million in the quarter ended Dec 31, 2021 to a high of $475.41 million in the quarter ended Jun 30, 2022 over five years.
- The strongest year-over-year quarter for Liabilities and Shareholders Equity in the past five years was the quarter ended Dec 31, 2022, with growth of 41.9%; the weakest was the quarter ended Dec 31, 2025, with a decline of 21.1%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 161.62 Bn | 156.15 Bn | - | 71.21 Bn |
| 2 | Csx | 86.16 Bn | 82.37 Bn | - | 44.73 Bn |
| 3 | Canadian Pacific Kansas City | 74.78 Bn | 74.50 Bn | - | 64.54 Bn |
| 4 | United Parcel Service | 70.01 Bn | 46.94 Bn | - | 71.27 Bn |
| 5 | Norfolk Southern | 69.45 Bn | 64.09 Bn | - | 45.12 Bn |
| 6 | Fedex | 67.46 Bn | 33.40 Bn | - | 98.94 Bn |
| 7 | Delta Air Lines | 54.88 Bn | 37.06 Bn | - | 86.32 Bn |
| 8 | Old Dominion Freight Line | 36.07 Bn | 35.33 Bn | - | 5.74 Bn |
| 9 | Ryanair Holdings | 28.71 Bn | 12.72 Bn | 3.13 Bn | 21.11 Bn |
| 10 | Top Ships | 1.04 Mn | 1.04 Mn | - | 373.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 373.50 Mn |
| Dec 31, 2025 | 333.61 Mn |
| Jun 30, 2025 | 426.00 Mn |
| Dec 31, 2024 | 422.77 Mn |
| Jun 30, 2024 | 430.22 Mn |
| Dec 31, 2023 | 459.19 Mn |
| Jun 30, 2023 | 446.22 Mn |
| Dec 31, 2022 | 469.34 Mn |
| Jun 30, 2022 | 475.41 Mn |
| Dec 31, 2021 | 330.79 Mn |
| Jun 30, 2021 | 353.08 Mn |
| Dec 31, 2020 | 293.03 Mn |
| Jun 30, 2020 | 430.65 Mn |
| Dec 31, 2019 | 444.89 Mn |
| Jun 30, 2019 | 423.05 Mn |
| Dec 31, 2018 | 258.49 Mn |
| Jun 30, 2018 | 219.29 Mn |
| Dec 31, 2017 | 220.45 Mn |
| Jun 30, 2017 | 187.27 Mn |
| Dec 31, 2016 | 143.32 Mn |
Top Ships Liabilities and Shareholders Equity 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=liabilities-and-shareholders-equity&ticker=TOPS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "liabilities-and-shareholders-equity", "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=liabilities-and-shareholders-equity&ticker=TOPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();