Top Ships (TOPS) Market Capitalization (2019 - 2025)
Top Ships (TOPS) posted Market Capitalization of $8.1 million for Q4 2025, down 14.26% on a QoQ basis from $9.5 million in Q2 2025, and down 25.21% year-over-year from $10.8 million in Q4 2024.
Analysis
Top Ships (TOPS) Market Capitalization (2019 - 2025) Analysis & Trends
Top Ships has reported Market Capitalization for 7 years, with the latest figure at $8.1 million in Q4 2025.
- On a quarterly basis, Market Capitalization fell 25.21% year-over-year to $8.1 million in Q4 2025; TTM through Dec 2025 was $8.1 million, a 25.21% decrease from a year earlier, with the FY2025 full-year figure at $8.1 million, down 25.21% from the prior year.
- Market Capitalization was $8.1 million for Q4 2025 at Top Ships, down from $9.5 million in the prior quarter.
- The five-year high for Market Capitalization was $37.6 million in Q2 2021, with the low at $1.7 million in Q2 2023.
- Average Market Capitalization over 5 years is $16.8 million, with a median of $13.0 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2024: Market Capitalization slumped 88.58% in 2023, then jumped 1046.34% in 2024.
- Over 5 years, Market Capitalization stood at $33.5 million in 2021, then slumped by 88.48% to $3.9 million in 2022, then jumped by 629.26% to $28.1 million in 2023, then slumped by 61.4% to $10.8 million in 2024, then retreated by 25.21% to $8.1 million in 2025.
- The last three Market Capitalization figures came in at $8.1 million (Q4 2025), $9.5 million (Q2 2025), and $10.8 million (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Frontline | 10.27 Bn | 9.94 Bn | - |
| 2 | Kirby | 7.43 Bn | 7.39 Bn | 290.80 Mn |
| 3 | Matson | 6.74 Bn | 6.62 Bn | - |
| 4 | International Seaways | 5.17 Bn | 5.17 Bn | 467.16 Mn |
| 5 | Hafnia | 4.59 Bn | 4.31 Bn | 372.91 Mn |
| 6 | Cmb.Tech | 4.47 Bn | 4.31 Bn | 970.62 Mn |
| 7 | Scorpio Tankers | 4.26 Bn | 2.42 Bn | 343.91 Mn |
| 8 | Star Bulk Carriers | 3.68 Bn | 3.11 Bn | 299.80 Mn |
| 9 | Torm | 3.56 Bn | -626.52 Mn | 652.00 Mn |
| 10 | Top Ships | 1.31 Mn | 1.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 8.11 Mn |
| Jun 30, 2025 | 9.46 Mn |
| Dec 31, 2024 | 10.85 Mn |
| Jun 30, 2024 | 19.82 Mn |
| Dec 31, 2023 | 28.10 Mn |
| Jun 30, 2023 | 1.73 Mn |
| Dec 31, 2022 | 3.85 Mn |
| Jun 30, 2022 | 15.14 Mn |
| Dec 31, 2021 | 33.46 Mn |
| Jun 30, 2021 | 37.63 Mn |
| Dec 31, 2020 | 28.46 Mn |
| Jun 30, 2020 | 10.25 Mn |
| Dec 31, 2019 | 58.55 Mn |