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Top Ships(NYSEMKT) TOPS

Market Cap$4.13MMarket 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-91%
1 Month-28%
$0.54
-2.02%
-0.01Today
Top Ships last closing stock price
MetricPriceDate
Last closeUSD 0.542026-10-02
Top Ships stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-20.25%USD 0.682026-09-25
1 month-28.48%USD 0.762026-09-02
3 month-30.1%USD 0.782026-07-02
Year to date-87.97%USD 4.512025-12-31
1 year-90.57%USD 5.752025-10-02
3 year-88.85%USD 4.862023-10-03
5 year-99.8%USD 267.862021-10-01
Since inception-100%USD 72,833,679,832.602004-07-23

Top Ships Financials at a Glance

Market Cap

$4.13MMarket 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

-0.89

Dividend

$0.00

Beta (Volatility)

1.16 (Average)

Price

$0.54

Volume

527,629.662

Open

$0.55

Previous Close

$0.54

Daily Range

$0.53 - $0.56

52-Week Range

$0.53 - $7.40

Estimated Earnings Date

Mar 3, 2027

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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 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
  • Transport of crude oil and refined petroleum products
  • Shipping of bulk liquid chemicals globally
Growth Outlook
  • Fleet capacity of 1,435,000 deadweight tonnes enhances operational capabilities
  • Recent quarterly revenue growth indicates strong market demand
  • Strategic investments in fleet modernization may improve efficiency
Financial Highlights
  • Recent quarterly revenue of $41.8 million reflects a solid performance
  • Trailing twelve months (TTM) gross profit margin stands at 58.8%
  • Net income of $292,000 in the latest quarter shows potential for profitability
Top Ships Inc. operates within the marine shipping industry, leveraging a diverse fleet to meet global demand for liquid commodities. The company's recent financial performance indicates a positive trajectory, with significant revenue generation and a healthy gross profit margin. The strategic focus on fleet capacity and modernization positions Top Ships Inc. favorably for future growth. Investors may find the company's operational efficiency and market positioning appealing as it navigates the complexities of the maritime sector.
AI Generated • Sep 6, 2026

Industry

Oil, Gas and Consumable Fuels

Sector

Energy

Employees

86

CEO

Evangelos J. Pistiolis

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

-1.12%

Dividend Yield

0.00%

Payout Ratio

26.36%

Stock Overview

Market Cap

$4.13MMarket 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

527.63K

Avg. Volume

2.99M

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

$4.13MMarket 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

$48.02K

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 $0.54 per share.

What is the 52-week range for Top Ships?

Over the past 52 weeks, Top Ships has traded between $0.53 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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