Top Ships (TOPS) Property, Plant & Equipment (Net) (2009 - 2026)
Top Ships (TOPS) recorded Property, Plant & Equipment (Net) of $262.6 million in the quarter ended Jun 30, 2026, down 31.3% from $382.2 million a year earlier.
Top Ships (TOPS) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Top Ships reported Property, Plant & Equipment (Net) of $268.47 million, down 25.7% from the prior year.
- Annual Property, Plant & Equipment (Net) has declined for three straight years, though with a five-year compound annual growth rate of 4.7% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Property, Plant & Equipment (Net) came in at $361.37 million in the year ended Dec 31, 2024 (-3.6%), $374.71 million in the year ended Dec 31, 2023 (-3.7%), $389.06 million in the year ended Dec 31, 2022 (+148.5%) and $156.59 million in the year ended Dec 31, 2021 (-26.7%).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Property, Plant & Equipment (Net) since the quarter ended Dec 31, 2021.
- On a year-over-year basis, Property, Plant & Equipment (Net) rose in 1 of the last four quarters, with an average decline of 14.2%.
- Peak year-over-year performance for Property, Plant & Equipment (Net) in the last five years was growth of 148.5% in the quarter ended Dec 31, 2022, against a decline of 31.3% in the quarter ended Jun 30, 2026 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 165.28 Bn | 159.81 Bn | - | 60.20 Bn |
| 2 | Csx | 87.86 Bn | 84.08 Bn | - | 36.95 Bn |
| 3 | Canadian Pacific Kansas City | 75.56 Bn | 75.27 Bn | - | 41.33 Bn |
| 4 | Norfolk Southern | 71.27 Bn | 65.91 Bn | - | 36.63 Bn |
| 5 | United Parcel Service | 69.70 Bn | 46.62 Bn | - | 37.89 Bn |
| 6 | Fedex | 68.71 Bn | 34.65 Bn | - | 42.04 Bn |
| 7 | Delta Air Lines | 55.32 Bn | 37.50 Bn | - | 41.54 Bn |
| 8 | Old Dominion Freight Line | 37.44 Bn | 36.71 Bn | - | 4.44 Bn |
| 9 | United Airlines Holdings | 36.52 Bn | -19.85 Bn | - | 47.96 Bn |
| 10 | Top Ships | 953,343.28 | 953,343.28 | - | 262.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 262.60 Mn |
| Dec 31, 2025 | 268.47 Mn |
| Jun 30, 2025 | 382.20 Mn |
| Dec 31, 2024 | 361.37 Mn |
| Jun 30, 2024 | 368.04 Mn |
| Dec 31, 2023 | 374.71 Mn |
| Jun 30, 2023 | 381.88 Mn |
| Dec 31, 2022 | 389.06 Mn |
| Jun 30, 2022 | 396.23 Mn |
| Dec 31, 2021 | 156.59 Mn |
| Jun 30, 2021 | 232.55 Mn |
| Dec 31, 2020 | 213.72 Mn |
| Jun 30, 2020 | 362.67 Mn |
| Dec 31, 2019 | 353.95 Mn |
| Jun 30, 2019 | 364.55 Mn |
| Dec 31, 2018 | 180.64 Mn |
| Jun 30, 2018 | 151.93 Mn |
| Dec 31, 2017 | 154.94 Mn |
| Jun 30, 2017 | 159.11 Mn |
| Dec 31, 2016 | 126.17 Mn |
Top Ships Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=TOPS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=TOPS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();