Top Ships (TOPS) Return on Capital Employed (2009 - 2022)

Top Ships (TOPS) posted quarterly Return on Capital Employed of 11.26% for Q4 2022, up 720.0% year-on-year from 1.37% in Q4 2021, and up 177.61% on a QoQ basis from 4.06% in Q4 2021.

Top Ships (TOPS) Return on Capital Employed (2009 - 2022) Analysis & Trends

Top Ships (TOPS) has reported Return on Capital Employed for 8 consecutive years, with 11.26% the latest figure, recorded in Q4 2022.

  • Quarterly Return on Capital Employed rose 720.0% year-over-year to 11.26% in Q4 2022, while the trailing twelve-month figure through Dec 2022 was 11.26% (up 720.0% YoY) and the FY2025 annual result came in at 7.76%, up 92.0% from the prior year.
  • Return on Capital Employed grew to 11.26% in Q4 2022 per TOPS's latest filing, from 4.06% in the prior quarter.
  • Over the last five years, Return on Capital Employed for TOPS reached as high as 11.26% in Q4 2022 and fell as low as 1.56% in Q4 2020.
  • A 4-year average of 3.2% and a median of 1.55% in 2021 frame the typical range for Return on Capital Employed.
  • Annual changes were most pronounced in 2020 — Return on Capital Employed slumped 61 bps — and 2022, when it surged 720 bps.
  • Year by year, Return on Capital Employed stood at 0.95% in 2019, then tumbled by 64 bps to 1.56% in 2020, then jumped by 360 bps to 4.06% in 2021, then surged by 178 bps to 11.26% in 2022.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 11.26%, 4.06%, and 1.56% for Q4 2022, Q4 2021, and Q4 2020 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 22.21%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 14.37%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 7.68%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 5.26%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 11.93%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 7.59%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 15.97%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 9.98%
10 Top Ships 4.15 Mn 4.15 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2022 11.26%
Dec 31, 2021 4.06%
Dec 31, 2020 -1.56%
Dec 31, 2019 -0.95%
Dec 31, 2015 -12.39%
Dec 31, 2014 0.59%
Sep 30, 2014 -3.84%
Jun 30, 2014 6.74%
Mar 31, 2014 26.23%
Dec 31, 2010 0.01%
Sep 30, 2010 0.00%
Jun 30, 2010 -5,089.25%
Dec 31, 2009 -0.01%
Jun 30, 2009 2,759.60%