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

Top Ships (TOPS) Retained Earnings (2009 - 2025)

Top Ships (TOPS) posted Retained Earnings of $425.4 million for Q4 2025, little changed on a QoQ basis from $425.5 million in Q2 2025, and down 5.69% year-over-year from $451.1 million in Q4 2024.

Analysis

Top Ships (TOPS) Retained Earnings (2009 - 2025) Analysis & Trends

Top Ships has reported Retained Earnings for 17 years, with the latest figure at $425.4 million in Q4 2025.

  • On a quarterly basis, Retained Earnings fell 5.69% year-over-year to $425.4 million in Q4 2025; TTM through Dec 2025 was $425.4 million, a 5.69% decrease from a year earlier, with the FY2025 full-year figure at $425.4 million, down 5.69% from the prior year.
  • Retained Earnings was $425.4 million for Q4 2025 at Top Ships, roughly flat from $425.5 million in the prior quarter.
  • The five-year high for Retained Earnings was $454.9 million in Q2 2021, with the low at $416.7 million in Q2 2022.
  • Average Retained Earnings over 5 years is $437.2 million, with a median of $433.7 million recorded in 2021.
  • The sharpest annual moves came in 2021 and 2022: Retained Earnings surged 239.8% in 2021, then slipped 8.4% in 2022.
  • Over 5 years, Retained Earnings stood at $430.0 million in 2021, then retreated by 0.35% to $428.5 million in 2022, then climbed by 5.3% to $451.2 million in 2023, then slipped by 0.02% to $451.1 million in 2024, then fell by 5.69% to $425.4 million in 2025.
  • The last three Retained Earnings figures came in at $425.4 million (Q4 2025), $425.5 million (Q2 2025), and $451.1 million (Q4 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 1.32 Bn
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 3.50 Bn
3 Matson 6.74 Bn 6.62 Bn - 2.47 Bn
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 773.11 Mn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 1.03 Bn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 1.99 Bn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn -449.88 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn 2.26 Bn
10 Top Ships 1.31 Mn 1.31 Mn - 425.43 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 425.43 Mn
Jun 30, 2025 425.46 Mn
Dec 31, 2024 451.08 Mn
Jun 30, 2024 451.10 Mn
Dec 31, 2023 451.16 Mn
Jun 30, 2023 437.38 Mn
Dec 31, 2022 428.47 Mn
Jun 30, 2022 416.72 Mn
Dec 31, 2021 429.96 Mn
Jun 30, 2021 454.95 Mn
Dec 31, 2020 465.67 Mn
Jun 30, 2020 -325.42 Mn
Dec 31, 2019 411.58 Mn
Jun 30, 2019 403.49 Mn
Dec 31, 2018 412.05 Mn
Jun 30, 2018 401.75 Mn
Dec 31, 2017 402.64 Mn
Jun 30, 2017 361.41 Mn
Dec 31, 2016 328.76 Mn
Jun 30, 2016 322.56 Mn