Top Ships (TOPS) Net Income (2009 - 2022)
Top Ships (TOPS) posted quarterly Net Income of $32.6 million for Q4 2022, up 120.38% year-on-year from $14.8 million in Q4 2021, and up 120.38% on a QoQ basis from $14.8 million in Q4 2021.
Top Ships (TOPS) Net Income (2009 - 2022) Analysis & Trends
Top Ships (TOPS) has reported Net Income for 10 consecutive years, with $32.6 million the latest figure, recorded in Q4 2022.
- Quarterly Net Income rose 120.38% year-over-year to $32.6 million in Q4 2022, while the trailing twelve-month figure through Jun 2024 was $32.6 million (down 31.21% YoY) and the FY2025 annual result came in at $3.3 million, down 33.15% from the prior year.
- Net Income grew to $32.6 million in Q4 2022 per TOPS's latest filing, from $14.8 million in the prior quarter.
- Over the last five years, Net Income for TOPS reached as high as $18.2 billion in Q4 2019 and fell as low as -$1.8 million in Q4 2020.
- A 4-year average of $4.6 billion and a median of $23.7 million in 2021 frame the typical range for Net Income.
- Annual changes were most pronounced in 2020 — Net Income sank 100.01% — and 2021, when it jumped 934.72%.
- Year by year, Net Income stood at $18.2 billion in 2019, then sank by 100.01% to -$1.8 million in 2020, then soared by 934.72% to $14.8 million in 2021, then jumped by 120.38% to $32.6 million in 2022.
- According to Business Quant data, Net Income over the past three periods registered $32.6 million, $14.8 million, and -$1.8 million for Q4 2022, Q4 2021, and Q4 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 164.78 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 19.51 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 894.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.30 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 1.50 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 847.60 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.98 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 487.40 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 776.00 Mn |
| 10 | Top Ships | 4.15 Mn | 4.15 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 32.63 Mn |
| Dec 31, 2021 | 14.81 Mn |
| Dec 31, 2020 | -1.77 Mn |
| Dec 31, 2019 | 18.21 Bn |
| Dec 31, 2015 | -6.70 Mn |
| Dec 31, 2014 | -602,000.00 |
| Sep 30, 2014 | 43,000.00 |
| Jun 30, 2014 | 22,000.00 |
| Mar 31, 2014 | -143,000.00 |
| Dec 31, 2013 | -4.97 Mn |
| Sep 30, 2013 | 1.89 Mn |
| Jun 30, 2013 | 5.86 Mn |
| Mar 31, 2013 | 2.79 Mn |
| Jun 30, 2011 | 108.09 Mn |
| Mar 31, 2011 | -2.32 Mn |
| Dec 31, 2010 | 2.51 Mn |
| Sep 30, 2010 | -889,822.00 |
| Jun 30, 2010 | 6,000.00 |
| Mar 31, 2010 | 884,000.00 |
| Dec 31, 2009 | -50.18 Mn |