Top Ships TOPS
NYSE TOPS
$0.73 -0.03 (-3.95%)
At close: Sep 4, 2026 · 4:00 PM EDT

Top Ships (TOPS) Operating Leases (2019 - 2024)

Top Ships (TOPS) posted Operating Leases of $3.2 million for Q2 2024, down 50.01% on a QoQ basis from $6.4 million in Q4 2023, and down 70.7% year-over-year from $10.8 million in Q3 2023.

Analysis

Top Ships (TOPS) Operating Leases (2019 - 2024) Analysis & Trends

Top Ships has reported Operating Leases for 6 years, with the latest figure at $3.2 million in Q2 2024.

  • On a quarterly basis, Operating Leases fell 70.7% year-over-year to $3.2 million in Q2 2024; TTM through Jun 2024 was $3.2 million, a 70.7% decrease from a year earlier, with the FY2023 full-year figure at $6.4 million, down 58.55% from the prior year.
  • Operating Leases was $3.2 million for Q2 2024 at Top Ships, down from $6.4 million in the prior quarter.
  • The five-year high for Operating Leases was $33.8 million in Q4 2020, with the low at $3.2 million in Q2 2024.
  • Average Operating Leases over 5 years is $17.7 million, with a median of $17.5 million recorded in 2022.
  • The sharpest annual moves came in 2021 and 2024: Operating Leases slipped 29.16% in 2021, then slumped 70.7% in 2024.
  • Over 5 years, Operating Leases stood at $33.8 million in 2020, then retreated by 29.16% to $23.9 million in 2021, then sank by 35.95% to $15.3 million in 2022, then sank by 58.55% to $6.4 million in 2023, then slumped by 50.01% to $3.2 million in 2024.
  • The last three Operating Leases figures came in at $3.2 million (Q2 2024), $6.4 million (Q4 2023), and $10.8 million (Q2 2023), 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

Historic Data

Download Data
DateValue
Jun 30, 2024 3.18 Mn
Dec 31, 2023 6.36 Mn
Jun 30, 2023 10.85 Mn
Dec 31, 2022 15.34 Mn
Jun 30, 2022 19.64 Mn
Dec 31, 2021 23.95 Mn
Jun 30, 2021 28.86 Mn
Dec 31, 2020 33.81 Mn
Jun 30, 2019 9.28 Mn