Top Ships (TOPS) Retained Earnings (2009 - 2025)
Top Ships (TOPS) posted quarterly Retained Earnings of $425.4 million for Q4 2025, down 5.69% year-over-year from $451.1 million in Q4 2024, and up 242.22% quarter-over-quarter from -$299.1 million in Q2 2025.
Top Ships (TOPS) Retained Earnings (2009 - 2025) Analysis & Trends
Top Ships' Retained Earnings history runs 17 years deep, the most recent figure standing at $425.4 million for Q4 2025.
- In Q4 2025, Retained Earnings fell 5.69% year-over-year to $425.4 million; the TTM figure through Dec 2025 stood at $425.4 million (down 5.69% YoY), while the FY2025 annual figure was $425.4 million, down 5.69% from the prior year.
- Retained Earnings for Q4 2025 stood at $425.4 million, up from -$299.1 million in the prior quarter.
- The five-year high for Retained Earnings was $451.2 million in Q4 2023, with the low at -$343.7 million in Q2 2021.
- The 5-year median for Retained Earnings is $63.1 million (2025), against an average of $59.3 million.
- The sharpest annual moves came in 2021 and 2023: Retained Earnings decreased 7.67% in 2021, then advanced 5.3% in 2023.
- Top Ships' Retained Earnings stood at $430.0 million in 2021, then declined by 0.35% to $428.5 million in 2022, then gained by 5.3% to $451.2 million in 2023, then retreated by 0.02% to $451.1 million in 2024, then dropped by 5.69% to $425.4 million in 2025.
- Business Quant data shows TOPS's Retained Earnings at $425.4 million in Q4 2025, -$299.1 million in Q2 2025, and $451.1 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 41.32 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | -14.70 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 174.00 Mn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 49.00 Mn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | -4.25 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 5.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 21.01 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 3.13 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 11.57 Bn |
| 10 | Top Ships | 4.05 Mn | 4.05 Mn | - | 425.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 425.43 Mn |
| Jun 30, 2025 | -299.14 Mn |
| Dec 31, 2024 | 451.08 Mn |
| Jun 30, 2024 | -309.80 Mn |
| Dec 31, 2023 | 451.16 Mn |
| Jun 30, 2023 | -312.03 Mn |
| Dec 31, 2022 | 428.47 Mn |
| Jun 30, 2022 | -328.15 Mn |
| Dec 31, 2021 | 429.96 Mn |
| Jun 30, 2021 | -343.69 Mn |
| Dec 31, 2020 | 465.67 Mn |
| Jun 30, 2020 | -325.42 Mn |
| Dec 31, 2019 | 411.58 Mn |
| Jun 30, 2019 | -308.41 Mn |
| Dec 31, 2018 | 412.05 Mn |
| Jun 30, 2018 | -303.27 Mn |
| Dec 31, 2017 | 402.64 Mn |
| Jun 30, 2017 | -289.09 Mn |
| Dec 31, 2016 | 328.76 Mn |
| Jun 30, 2016 | -284.00 Mn |