Symbols / TOPS
TOPS Chart
About
Top Ships Inc. owns and operates tanker vessels in Greece and internationally. The company transports crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2024, it had a fleet with a total capacity of 1,435,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, five 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 50,000 dwt product tankers. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was incorporated in 2000 and is based in Athens, Greece.
Fundamentals
Scroll to Statements| Sector | Energy | Industry | Oil & Gas Midstream | Market Cap | 23.36M |
| Enterprise Value | 286.24M | Income | 10.66M | Sales | 87.87M |
| Book/sh | 27.48 | Cash/sh | 1.29 | Dividend Yield | — |
| Payout | 0.00% | Employees | — | IPO | — |
| P/E | 2.20 | Forward P/E | 2.31 | PEG | — |
| P/S | 0.27 | P/B | 0.18 | P/C | — |
| EV/EBITDA | 6.30 | EV/Sales | 3.26 | Quick Ratio | 0.17 |
| Current Ratio | 0.38 | Debt/Eq | 211.47 | LT Debt/Eq | — |
| EPS (ttm) | 2.30 | EPS next Y | 2.19 | EPS Growth | 290.00% |
| Revenue Growth | 4.10% | Earnings | 2011-03-18 09:00 | ROA | 4.65% |
| ROE | 7.94% | ROIC | — | Gross Margin | 63.45% |
| Oper. Margin | 41.64% | Profit Margin | 12.13% | Shs Outstand | 4.63M |
| Shs Float | 1.25M | Short Float | 1.19% | Short Ratio | 2.63 |
| Short Interest | — | 52W High | 11.47 | 52W Low | 4.29 |
| Beta | 2.37 | Avg Volume | 14.63K | Volume | 72.06K |
| Target Price | — | Recom | None | Prev Close | $4.47 |
| Price | $5.05 | Change | 12.98% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
—
Mean price target
2. Current target
$5.05
Latest analyst target
3. DCF / Fair value
$69.44
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.05
Low
—
High
—
Mean
—
- South Korea's KOSPI stock index tops 6,000 for first time - Reuters Wed, 25 Feb 2026 00
- Home Depot Tops Q4 Earnings Estimates, Stock Dips on Sales Miss - Zacks Investment Research ue, 24 Feb 2026 15
- ALCYB.PA stock tops EURONEXT most-active 25 Feb 2026: volume tests liquidity - Meyka Wed, 25 Feb 2026 08
- Leonardo DRS tops Q4 estimates, stock rises on strong demand, outlook - Seeking Alpha ue, 24 Feb 2026 12
- TOP Ships lines up $679M in charters for nine new tankers - Stock Titan Mon, 23 Feb 2026 13
- South Korea's KOSPI stock index tops 6,000 for first time - marketscreener.com Wed, 25 Feb 2026 00
- South Korea's KOSPI stock index tops 6,000 for first time - TradingView Wed, 25 Feb 2026 00
- Royal Bank of Canada stock double-tops ahead of Q1 earnings - CryptoRank ue, 24 Feb 2026 07
- South Korea’s Kospi stock index tops 6,000 for first time - The Business Times Wed, 25 Feb 2026 00
- Dow soars by 1,200 points to top 50,000 for the first time as chips and airlines lead ferocious stock market rebound - Fortune Fri, 06 Feb 2026 08
- Sensex jumps 446 pts in early trade; Nifty tops 25,550 as IT stocks power rally - Firstpost Wed, 25 Feb 2026 03
- Royal Bank of Canada stock double-tops ahead of Q1 earnings - Invezz Mon, 23 Feb 2026 14
- Eli Lilly Again Tops $1 Trillion Market Cap. Earnings Show the Stock Can Still Surprise. - Barron's Wed, 04 Feb 2026 08
- Apple tops Q1 earnings estimates on record-breaking iPhone sales; stock falls after Cook's memory warning - Yahoo Finance Fri, 30 Jan 2026 08
- Taking Stock: Market extends gains for 2nd day; Nifty tops 25,700, Sensex jumps 480 pts - TradingView Mon, 23 Feb 2026 10
Insider Transactions
No recent insider transactions.
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 17.16K | -262.56K |
| TaxRateForCalcs | 0.22 | 0.22 | 0.22 | 0.24 |
| NormalizedEBITDA | 50.05M | 51.33M | 52.45M | 31.48M |
| TotalUnusualItems | 0.00 | 0.00 | 78.00K | -1.09M |
| TotalUnusualItemsExcludingGoodwill | 0.00 | 0.00 | 78.00K | -1.09M |
| NetIncomeFromContinuingOperationNetMinorityInterest | 5.03M | 6.07M | 18.95M | 8.62M |
| ReconciledDepreciation | 23.15M | 23.58M | 21.86M | 15.63M |
| ReconciledCostOfRevenue | 48.45M | 45.33M | 44.41M | 35.87M |
| EBITDA | 50.05M | 51.33M | 52.52M | 30.38M |
| EBIT | 26.90M | 27.75M | 30.66M | 14.75M |
| NetInterestIncome | -23.03M | -22.64M | -14.32M | -7.00M |
| InterestExpense | 21.87M | 21.68M | 11.71M | 6.14M |
| InterestIncome | 467.00K | 346.00K | 48.00K | 0.00 |
| NormalizedIncome | 5.03M | 6.07M | 18.89M | 9.45M |
| NetIncomeFromContinuingAndDiscontinuedOperation | 5.03M | 6.07M | 18.95M | 8.62M |
| TotalExpenses | 58.22M | 54.22M | 48.12M | 40.41M |
| RentExpenseSupplemental | 10.87M | 10.84M | 10.84M | 10.84M |
| TotalOperatingIncomeAsReported | 27.90M | 28.73M | 32.62M | 14.80M |
| DilutedAverageShares | 4.63M | 1.80M | 857.91K | 160.59K |
| BasicAverageShares | 4.63M | 1.80M | 857.91K | 160.59K |
| DilutedEPS | 1.09 | -12.44 | -36.36 | 33.60 |
| BasicEPS | 1.09 | -12.44 | -36.36 | 33.60 |
| DilutedNIAvailtoComStockholders | 5.03M | -22.37M | -9.19M | 5.40M |
| NetIncomeCommonStockholders | 5.03M | -22.37M | -9.19M | 5.40M |
| OtherunderPreferredStockDividend | 0.00 | 0.00 | 1.34M | 0.00 |
| PreferredStockDividends | 28.44M | 26.79M | 3.22M | |
| NetIncome | 5.03M | 6.07M | 18.95M | 8.62M |
| NetIncomeIncludingNoncontrollingInterests | 5.03M | 6.07M | 18.95M | 8.62M |
| NetIncomeContinuousOperations | 5.03M | 6.07M | 18.95M | 8.62M |
| PretaxIncome | 5.03M | 6.07M | 18.95M | 8.62M |
| OtherIncomeExpense | 159.00K | -18.00K | 724.00K | -347.00K |
| SpecialIncomeCharges | 0.00 | 0.00 | 78.00K | -1.16M |
| GainOnSaleOfPPE | 0.00 | 0.00 | 78.00K | 0.00 |
| WriteOff | 0.00 | |||
| ImpairmentOfCapitalAssets | 0.00 | 0.00 | 1.16M | |
| EarningsFromEquityInterest | 159.00K | -18.00K | 646.00K | 747.00K |
| GainOnSaleOfSecurity | 66.00K | |||
| NetNonOperatingInterestIncomeExpense | -23.03M | -22.64M | -14.32M | -7.00M |
| TotalOtherFinanceCost | 1.63M | 1.31M | 2.65M | 860.00K |
| InterestExpenseNonOperating | 21.87M | 21.68M | 11.71M | 6.14M |
| InterestIncomeNonOperating | 467.00K | 346.00K | 48.00K | 0.00 |
| OperatingIncome | 27.90M | 28.73M | 32.54M | 15.96M |
| OperatingExpense | 9.77M | 8.90M | 3.71M | 4.54M |
| OtherOperatingExpenses | 2.27M | 2.20M | 2.09M | 2.60M |
| SellingGeneralAndAdministration | 7.51M | 6.70M | 1.62M | 1.94M |
| GeneralAndAdministrativeExpense | 7.51M | 6.70M | 1.62M | 1.94M |
| OtherGandA | 7.51M | 6.70M | 1.62M | 1.94M |
| InsuranceAndClaims | 1.58M | 1.03M | ||
| RentAndLandingFees | 10.84M | |||
| GrossProfit | 37.68M | 37.62M | 36.25M | 20.50M |
| CostOfRevenue | 48.45M | 45.33M | 44.41M | 35.87M |
| TotalRevenue | 86.13M | 82.95M | 80.66M | 56.37M |
| OperatingRevenue | 86.13M | 82.95M | 80.66M | 56.37M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 4.63M | 4.63M | 857.91K | 165.97K |
| ShareIssued | 4.63M | 4.63M | 857.91K | 165.97K |
| NetDebt | 237.43M | 197.12M | 204.10M | 148.20M |
| TotalDebt | 265.62M | 260.83M | 260.93M | 184.33M |
| TangibleBookValue | 144.42M | 139.46M | 110.67M | 93.22M |
| InvestedCapital | 389.48M | 372.54M | 335.31M | 243.79M |
| WorkingCapital | -9.76M | -2.64M | -9.34M | -31.75M |
| NetTangibleAssets | 144.42M | 183.38M | 197.02M | 109.36M |
| CapitalLeaseObligations | 6.36M | 15.34M | 23.95M | 33.76M |
| CommonStockEquity | 144.42M | 139.46M | 110.67M | 93.22M |
| PreferredStockEquity | 1.00K | 43.92M | 86.35M | 16.14M |
| TotalCapitalization | 389.48M | 411.46M | 421.66M | 199.53M |
| TotalEquityGrossMinorityInterest | 144.42M | 183.38M | 197.02M | 109.36M |
| StockholdersEquity | 144.42M | 183.38M | 197.02M | 109.36M |
| RetainedEarnings | -306.71M | -311.74M | -317.81M | -336.75M |
| AdditionalPaidInCapital | 451.08M | 451.16M | 428.47M | 429.95M |
| CapitalStock | 47.00K | 43.96M | 86.36M | 16.16M |
| CommonStock | 46.00K | 46.00K | 9.00K | 20.00K |
| PreferredStock | 1.00K | 43.92M | 86.35M | 16.14M |
| TotalLiabilitiesNetMinorityInterest | 278.35M | 275.81M | 272.31M | 221.42M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 245.16M | 234.44M | 240.08M | 114.34M |
| OtherNonCurrentLiabilities | 100.00K | 225.00K | ||
| PreferredSecuritiesOutsideStockEquity | 16.14M | |||
| NonCurrentDeferredLiabilities | 102.00K | 0.00 | ||
| NonCurrentDeferredRevenue | 102.00K | 0.00 | ||
| LongTermDebtAndCapitalLeaseObligation | 245.06M | 234.44M | 239.98M | 114.11M |
| LongTermCapitalLeaseObligation | 0.00 | 6.36M | 15.34M | 23.95M |
| LongTermDebt | 245.06M | 228.08M | 224.64M | 90.16M |
| CurrentLiabilities | 33.19M | 41.37M | 32.23M | 107.09M |
| CurrentDeferredLiabilities | 6.65M | 6.62M | 7.03M | 3.66M |
| CurrentDeferredRevenue | 6.65M | 6.62M | 7.03M | 3.66M |
| CurrentDebtAndCapitalLeaseObligation | 20.56M | 26.40M | 20.95M | 70.22M |
| CurrentCapitalLeaseObligation | 6.36M | 8.98M | 8.61M | 9.81M |
| CurrentDebt | 5.00M | 12.34M | 60.41M | |
| OtherCurrentBorrowings | 5.00M | 12.34M | 60.41M | |
| PayablesAndAccruedExpenses | 5.98M | 8.36M | 4.25M | 33.21M |
| CurrentAccruedExpenses | 2.99M | 2.35M | 2.06M | 1.15M |
| Payables | 2.99M | 6.00M | 2.19M | 32.06M |
| DuetoRelatedPartiesCurrent | 1.17M | 4.65M | 237.00K | 29.75M |
| AccountsPayable | 1.82M | 1.36M | 1.95M | 2.31M |
| TotalAssets | 422.77M | 459.19M | 469.34M | 330.79M |
| TotalNonCurrentAssets | 399.33M | 420.46M | 446.44M | 255.45M |
| OtherNonCurrentAssets | 3.00M | 4.00M | 4.00M | 4.00M |
| NonCurrentPrepaidAssets | 24.00M | 2.00M | 2.00M | 2.00M |
| NonCurrentDeferredAssets | 0.00 | 130.00K | 0.00 | |
| NonCurrentAccountsReceivable | 2.40M | |||
| InvestmentsAndAdvances | 8.05M | 19.64M | 22.17M | 24.48M |
| LongTermEquityInvestment | 8.05M | 19.64M | 22.17M | 24.48M |
| InvestmentsinJointVenturesatCost | 8.05M | 19.64M | 22.17M | 24.48M |
| NetPPE | 361.88M | 394.69M | 418.27M | 224.98M |
| AccumulatedDepreciation | -47.89M | -34.55M | -20.20M | -6.92M |
| GrossPPE | 409.77M | 429.25M | 438.48M | 231.89M |
| ConstructionInProgress | 0.00 | 30.58M | ||
| OtherProperties | 505.00K | 19.98M | 29.21M | 37.81M |
| MachineryFurnitureEquipment | 409.26M | 409.26M | 409.26M | 163.50M |
| CurrentAssets | 23.44M | 38.73M | 22.89M | 75.33M |
| OtherCurrentAssets | 10.71M | 1.54M | 1.31M | 581.00K |
| AssetsHeldForSaleCurrent | 0.00 | 71.64M | ||
| RestrictedCash | 1.00M | 0.00 | ||
| PrepaidAssets | 2.00M | 0.00 | 1.31M | 581.00K |
| Inventory | 983.00K | 915.00K | 1.03M | 671.00K |
| Receivables | 1.11M | 317.00K | 8.00K | 76.00K |
| AccountsReceivable | 1.11M | 317.00K | 8.00K | 76.00K |
| CashCashEquivalentsAndShortTermInvestments | 7.63M | 35.96M | 20.54M | 2.37M |
| CashAndCashEquivalents | 7.63M | 35.96M | 20.54M | 2.37M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | 17.32M | 28.93M | -183.29M | -99.45M |
| RepurchaseOfCapitalStock | -43.92M | -26.29M | -16.21M | 0.00 |
| RepaymentOfDebt | -161.99M | -76.38M | -77.89M | -28.31M |
| IssuanceOfDebt | 181.00M | 82.00M | 165.20M | 74.80M |
| IssuanceOfCapitalStock | 0.00 | 13.56M | 70.35M | 0.00 |
| CapitalExpenditure | -216.71M | -115.51M | ||
| InterestPaidSupplementalData | 19.33M | 18.28M | 11.16M | 7.41M |
| EndCashPosition | 11.63M | 39.96M | 24.54M | 6.37M |
| BeginningCashPosition | 39.96M | 24.54M | 6.37M | 23.33M |
| ChangesInCash | -28.33M | 15.41M | 18.17M | -16.96M |
| FinancingCashFlow | -33.25M | -16.04M | 127.41M | 43.63M |
| CashFlowFromContinuingFinancingActivities | -33.25M | -16.04M | 127.41M | 43.63M |
| NetOtherFinancingCharges | -8.34M | -2.93M | -5.24M | -1.08M |
| ProceedsFromStockOptionExercised | 0.00 | 12.00K | 4.56M | 0.00 |
| CashDividendsPaid | 0.00 | -6.01M | -13.36M | -1.78M |
| PreferredStockDividendPaid | 0.00 | -6.01M | -13.36M | -1.78M |
| NetPreferredStockIssuance | -43.92M | -26.29M | 31.44M | 0.00 |
| PreferredStockPayments | -43.92M | -26.29M | -16.19M | 0.00 |
| PreferredStockIssuance | 0.00 | 0.00 | 47.63M | 0.00 |
| NetCommonStockIssuance | 0.00 | 13.56M | 22.70M | 0.00 |
| CommonStockPayments | 0.00 | 0.00 | -15.00K | 0.00 |
| CommonStockIssuance | 0.00 | 13.56M | 22.72M | 0.00 |
| NetIssuancePaymentsOfDebt | 19.01M | 5.62M | 87.31M | 46.49M |
| NetShortTermDebtIssuance | 0.00 | 0.00 | 0.00 | 0.00 |
| ShortTermDebtPayments | -28.00M | 0.00 | 0.00 | 0.00 |
| ShortTermDebtIssuance | 28.00M | 0.00 | 0.00 | 0.00 |
| NetLongTermDebtIssuance | 19.01M | 5.62M | 87.31M | 46.49M |
| LongTermDebtPayments | -133.99M | -76.38M | -77.89M | -28.31M |
| LongTermDebtIssuance | 153.00M | 82.00M | 165.20M | 74.80M |
| InvestingCashFlow | -12.40M | 2.52M | -142.66M | -76.65M |
| CashFlowFromContinuingInvestingActivities | -12.40M | 2.52M | -142.66M | -76.65M |
| NetOtherInvestingChanges | -24.00M | |||
| NetBusinessPurchaseAndSale | 11.60M | 2.52M | 2.30M | 2.98M |
| SaleOfBusiness | 11.60M | 2.52M | 2.30M | 2.98M |
| PurchaseOfBusiness | 0.00 | 0.00 | ||
| NetPPEPurchaseAndSale | 0.00 | 0.00 | -144.96M | -79.63M |
| SaleOfPPE | 0.00 | 0.00 | 71.75M | 35.89M |
| PurchaseOfPPE | 0.00 | 0.00 | -216.71M | -115.51M |
| OperatingCashFlow | 17.32M | 28.93M | 33.42M | 16.06M |
| CashFlowFromContinuingOperatingActivities | 17.32M | 28.93M | 33.42M | 16.06M |
| DividendReceivedCFO | 141.00K | 0.00 | 646.00K | |
| ChangeInWorkingCapital | -13.70M | -5.46M | -9.81M | -10.86M |
| ChangeInOtherWorkingCapital | 139.00K | -415.00K | 3.37M | 1.58M |
| ChangeInOtherCurrentLiabilities | -8.98M | -8.71M | -9.94M | -9.41M |
| ChangeInPayablesAndAccruedExpense | -2.09M | 4.10M | -2.22M | -3.13M |
| ChangeInAccruedExpense | 821.00K | 189.00K | 1.07M | -207.00K |
| ChangeInPayable | -2.92M | 3.91M | -3.29M | -2.92M |
| ChangeInAccountPayable | 564.00K | -503.00K | -82.00K | -123.00K |
| ChangeInPrepaidAssets | 497.00K | -231.00K | -733.00K | 323.00K |
| ChangeInInventory | -68.00K | 111.00K | -355.00K | -157.00K |
| ChangeInReceivables | -3.20M | -309.00K | 68.00K | -76.00K |
| ChangesInAccountReceivables | -3.20M | -309.00K | 68.00K | -76.00K |
| OtherNonCashItems | 2.86M | 4.73M | 2.52M | 840.00K |
| StockBasedCompensation | 0.00 | 0.00 | -16.00K | -34.00K |
| AssetImpairmentCharge | 0.00 | 0.00 | 1.16M | |
| DepreciationAmortizationDepletion | 23.15M | 23.58M | 21.86M | 15.63M |
| DepreciationAndAmortization | 23.15M | 23.58M | 21.86M | 15.63M |
| Depreciation | 23.15M | 23.58M | 21.86M | 15.63M |
| OperatingGainsLosses | -159.00K | 18.00K | -739.00K | 711.00K |
| EarningsLossesFromEquityInvestments | -159.00K | 18.00K | -646.00K | -747.00K |
| GainLossOnInvestmentSecurities | 141.00K | 646.00K | 1.46M | |
| GainLossOnSaleOfPPE | 0.00 | 0.00 | -93.00K | 0.00 |
| NetIncomeFromContinuingOperations | 5.03M | 6.07M | 18.95M | 8.62M |
Public Trades for TOPS
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|