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Top Ships(NYSEMKT) TOPS

Market Cap$2.28MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2004)-100%
5 Year-100%
1 Year-95%
1 Month-58%
$0.29
-2.27%
-0.01Today
Top Ships last closing stock price
MetricPriceDate
Last closeUSD 0.302026-10-23
Top Ships stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-33.5%USD 0.452026-10-16
1 month-57.82%USD 0.712026-09-23
3 month-61.64%USD 0.782026-07-24
Year to date-93.37%USD 4.512025-12-31
1 year-95.07%USD 6.062025-10-23
3 year-93.6%USD 4.682023-10-24
5 year-99.88%USD 245.682021-10-22
Since inception-100%USD 72,833,679,832.602004-07-23

Top Ships Financials at a Glance

Market Cap

$2.28MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$147.69M

Net Income (TTM)

$9.86M

EPS (TTM)

-$0.61

P/E Ratio

-0.49

Dividend

$0.00

Beta (Volatility)

1.18 (Average)

Price

$0.29

Volume

296,113.333

Open

$0.31

Previous Close

$0.30

Daily Range

$0.29 - $0.31

52-Week Range

$0.29 - $7.40

Estimated Earnings Date

Mar 3, 2027

TOPS News

Businessman Holding Hands Up Stop Avoid Getty

3 Stocks Robinhood Investors Should Give Up On

Sean WilliamsOct 22, 2020
Stock Market Crash Plunge Fearful Investor Getty

3 Very Popular Robinhood Stocks Headed Toward $0

Sean WilliamsAug 18, 2020
Man Worried About Sinking Stock Market Chart Getty

The Single Worst Stock Robinhood Investors Are Buying

Sean WilliamsJul 20, 2020
Tanker in Open Ocean

Why Shares of Top Ships Inc. Popped 31% Today

Travis HoiumMar 26, 2018

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About Top Ships

Top Ships Inc. is a maritime company based in Maroussi, Greece, specializing in the ownership and operation of tanker vessels. Established in 2000, the company primarily focuses on the global transport of essential liquid commodities, including crude oil and refined petroleum products.

Products and Services
  • Ownership and operation of medium-range tanker vessels
  • Transportation of crude oil and refined petroleum products
  • Bulk liquid chemical transport services
Growth Outlook
  • Recent quarterly revenue reached $25.5 million, indicating strong operational performance
  • Net income of $6.5 million in Q2 2026 reflects effective cost management
  • Fleet expansion plans may enhance capacity and market reach
Financial Highlights
  • Trailing twelve months (TTM) revenue of $41.8 million demonstrates growth potential
  • Operating income margin of 29.79% in Q4 2023 indicates operational efficiency
  • Cash flow from operations of $14.2 million in Q4 2023 supports liquidity
Top Ships Inc. has established itself as a key player in the marine shipping industry, with a diverse fleet capable of transporting a variety of liquid commodities. The company's recent financial performance showcases a positive trajectory, with significant revenue growth and effective cost management strategies. The outlook for future growth appears promising, particularly with plans for fleet expansion and a focus on operational efficiency. Investors may find the company's strong cash flow and profitability metrics appealing as it navigates the evolving maritime landscape.
AI Generated • Oct 7, 2026

Industry

Oil, Gas and Consumable Fuels

Sector

Energy

Employees

86

CEO

Evangelos J. Pistiolis

Website

www.topships.org

Headquarters

Athens, GI 19002, GR

TOPS Financials

Key Financial Metrics (TTM)

Gross Margin

55.72%

Operating Margin

31.66%

Net Income Margin

3.23%

Return on Equity

2.21%

Return on Capital

8.94%

Return on Assets

0.54%

Earnings Yield

-2.04%

Dividend Yield

0.00%

Payout Ratio

26.36%

Stock Overview

Market Cap

$2.28MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

7.61M

Volume

296.11K

Avg. Volume

3.22M

Financials (TTM)

Gross Profit

$85.36M

Operating Income

$50.35M

EBITDA

$83.80M

Operating Cash Flow

$51.73M

Capital Expenditure

-$72.00M

Free Cash Flow

-$20.27M

Cash & ST Invst.

$11.45M

Total Debt

$260.97M

Top Ships Performance Analysis

Top Ships annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 80,656,00043.1%
20232023-12-31USD 82,949,0002.8%
20242024-12-31USD 86,127,0003.8%
20252025-12-31USD 80,415,000-6.6%
Top Ships sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-12-31N/A
Q22025-06-30N/A
Q42025-12-31-16.5%
Q22026-06-30-30.4%
Top Ships annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -3.03N/A
20232023-12-31USD -12.44310.7%
20242024-12-31USD 1.09N/A
20252025-12-31USD 0.67-38.7%
Top Ships sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-12-31N/A
Q22025-06-30N/A
Q42025-12-31-159.5%
Q22026-06-30137.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$25.48M

-38.1%

Gross Profit

$13.19M

-44.0%

Gross Margin

51.77%

N/A

Market Cap

$2.28MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$26.49K

N/A

Employees

86

N/A

Net Income

$6.48M

+12.3%

EBITDA

$17.00M

-27.5%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$11.45M

-31.9%

Total Debt

$260.97M

-5.8%

Accounts Receivable

$1.69M

-3.8%

Inventory

$611.00K

-35.3%

Long Term Debt

$249.23M

-2.4%

Short Term Debt

$11.75M

-45.8%

Return on Assets

0.54%

N/A

Return on Invested Capital

5.73%

N/A

Free Cash Flow

-$51.63M

-496.5%

Operating Cash Flow

$11.06M

-15.1%

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Questions About TOPS

What is the current price of Top Ships?

Top Ships is trading at $0.29 per share.

What is the 52-week range for Top Ships?

Over the past 52 weeks, Top Ships has traded between $0.29 and $7.40.

How much debt does Top Ships have?

As of the most recent reporting period, Top Ships reported total debt of $216.61M.

How much cash does Top Ships have on hand?

Top Ships reported $20.37M in cash and cash equivalents in its most recent financial results.

What is Top Ships’s dividend yield?

Top Ships does not currently have a dividend yield.

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