YOLFTbeta
TOP Ships Inc.

TOP Ships Inc.

TOPS · AMEX · Energy / Oil & Gas Midstream

2.70USD-0.11 (-3.91%)

Price History

Full chart

Market Stats

Previous Close2.81
Open2.80
Day Range2.67 – 2.81
52-Week Range0.62 – 7.40
Volume32.31K
Market Cap5.18M
P/E (TTM)0.00
Forward P/E4.86
EPS-0.33
Dividend Yield0.00%
Beta2.05
50-Day Avg0.763
200-Day Avg2.60

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, 2025, it had a fleet with a total capacity of 857,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, one 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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Midstream
  • CEOMr. Evangelos J. Pistiolis
  • Employees0
  • Headquarters20 Iouliou Kaisara Str, Athens, Greece, 19002, USA
  • Websitehttps://www.topships.org

Leadership

  • Mr. Evangelos J. PistiolisFounder, President, CEO & Director · b. 1973
  • Mr. Alexandros TsirikosCFO & Executive Director · b. 1974
  • Mr. Vangelis G. IkonomouChief Operating Officer · b. 1965
  • Mr. Konstantinos PatisChief Technical Officer · b. 1974

Financials

Income Statement

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue13.34M11.43M23.09M93.83M244.22M310.04M252.26M257.38M107.98M90.88M41.69M31.43M20.07M3.60M13.07M28.43M39.36M41.05M66.09M60.22M56.37M80.66M82.95M86.13M80.42M
Growth (%)--14.37%+102.04%+306.45%+160.28%+26.95%-18.64%+2.03%-58.05%-15.84%-54.12%-24.62%-36.13%-82.06%+262.99%+117.46%+38.44%+4.28%+61.00%-8.88%-6.40%+43.09%+2.84%+3.83%-6.63%
Cost of Revenue7.76M7.86M8.42M33.76M91.41M71.68M246.54M169.49M42.54M7.05M9.47M13.21M7.79M1.96M12.26M21.99M28.13M29.41M37.44M35.35M35.87M44.41M34.48M48.45M43.47M
Gross Profit5.59M3.56M14.66M60.07M152.81M238.36M5.72M87.89M65.44M83.82M32.22M18.22M12.28M1.64M811.00K6.44M11.24M11.63M28.65M24.87M20.50M36.25M48.46M37.68M36.95M
Gross Margin41.86%31.17%63.53%64.02%62.57%76.88%2.27%34.15%60.60%92.24%77.27%57.96%61.19%45.56%6.20%22.65%28.55%28.34%43.36%41.29%36.37%44.95%58.43%43.74%45.95%
Operating Expense1.79M3.21M11.96M22.64M65.85M197.00M34.84M26.17M99.65M61.56M39.49M70.99M4.66M2.23M5.15M1.59M9.62M15.52M11.78M13.79M4.54M3.63M19.74M9.77M10.67M
Operating Income3.79M356.00K2.71M37.43M86.95M41.36M-29.12M61.72M-34.21M22.26M-7.27M-52.77M7.63M-588.00K-4.33M4.85M1.62M-3.89M16.88M11.07M15.96M32.62M28.73M27.90M26.28M
Operating Margin28.43%3.12%11.74%39.90%35.61%13.34%-11.54%23.98%-31.68%24.50%-17.43%-167.92%38.00%-16.32%-33.15%17.05%4.11%-9.47%25.53%18.39%28.32%40.44%34.63%32.40%32.68%
EBITDA6.42M2.57M6.81M50.54M135.41M50.81M-1.07M100.33M37.43M51.03M-145.69M-42.43M14.65M4.20M-7.02M7.47M7.00M5.03M15.46M11.12M23.64M43.95M42.09M50.05M41.06M
EBITDA Margin48.10%22.48%29.49%53.87%55.45%16.39%-0.43%38.98%34.67%56.15%-349.42%-134.99%72.98%116.46%-53.68%26.28%17.79%12.26%23.40%18.46%41.95%54.49%50.75%58.11%51.06%
Net Income1.78M201.00K1.63M32.79M68.68M-11.01M-49.08M25.64M-50.20M2.51M-189.11M-63.98M1.41M2.90M-8.51M1.05M-13.38M-11.13M-14.77M-22.82M8.62M18.95M6.07M5.03M3.09M
Net Income Margin13.32%1.76%7.08%34.95%28.12%-3.55%-19.45%9.96%-46.49%2.77%-453.57%-203.59%7.01%80.40%-65.06%3.70%-33.98%-27.12%-22.35%-37.89%15.29%23.49%7.31%5.84%3.84%
Interest Expense748.00K832.00K1.22M5.20M20.18M29.18M19.52M25.76M13.97M14.78M16.27M9.05M6.48M422.00K693.00K3.09M15.79M9.66M17.80M20.72M8.20M14.37M22.99M21.87M16.03M
Interest Expense % of Total Revenue5.61%7.28%5.26%5.54%8.26%9.41%7.74%10.01%12.94%16.26%39.02%28.79%32.28%11.72%5.30%10.88%40.12%23.54%26.93%34.41%14.55%17.81%27.71%25.39%19.94%

Balance Sheet

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-33.65M55.91M539.89M980.90M522.74M776.92M698.38M675.93M622.09M296.37M211.41M27.87M75.58M75.33M143.32M220.45M258.49M444.89M293.03M330.79M469.34M459.19M422.77M333.61M
Total Liabilities-24.88M39.59M218.08M611.24M324.88M565.51M406.32M428.73M366.61M219.69M198.34M13.07M33.05M41.18M96.06M113.17M154.21M339.13M158.81M221.42M272.31M275.81M278.35M244.42M
Total Equity-8.77M16.32M321.81M369.66M197.85M211.41M292.05M247.20M255.48M76.68M13.08M14.79M42.53M34.15M47.26M106.09M104.28M105.76M134.22M109.36M197.02M183.38M144.42M89.19M
Cash-94.00K2.34M114.77M17.46M29.99M26.01M46.24M---164.00K9.71M-2.67M127.00K24.08M57.00K4.49M19.33M2.37M20.54M35.96M7.63M20.37M
Total Debt-23.05M34.61M194.81M564.10M221.44M427.52M358.92M399.09M337.38M173.98M172.62M1.70M19.42M24.23M84.54M103.95M140.66M309.01M147.71M184.33M260.93M255.84M251.41M204.79M
Net Debt-22.96M32.27M80.04M546.64M188.06M401.50M312.68M399.09M337.38M173.98M172.62M-8.01M19.42M22.88M84.41M79.87M140.60M304.51M128.38M181.96M240.39M219.88M243.78M184.42M

Cash Flow

Currency: USD2002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.41M4.93M28.60M94.67M21.07M-11.29M11.85M6.58M35.60M15.78M15.13M3.07M-2.80M-1.39M6.70M695.00K716.00K19.19M6.04M16.06M33.42M28.93M17.32M26.43M
Investing Cash Flow-18.30M-20.00M-344.90M-524.86M531.59M-318.28M58.55M-104.37M25.73M124.93M6.00M50.99M-44.45M736.00K-77.07M-59.07M-68.43M-203.27M181.29M-76.65M-142.66M2.52M-12.40M-1.31M
Financing Cash Flow14.23M17.32M428.72M332.88M-540.13M325.59M-50.17M51.55M-61.49M-141.00M-21.13M-44.28M37.55M4.91M67.83M83.39M44.76M189.68M-177.28M43.63M127.41M-16.04M-33.25M-14.51M
Capital Expenditure18.55M21.96M353.75M677.94M31.34M395.68M234.19M836.00K416.00K356.00K7.00K14.40M45.91M53.41M73.38M41.43M63.55M203.23M120.82M115.51M216.71M009.31M
Free Cash Flow-16.14M-17.03M-325.15M-583.27M-10.27M-406.97M-222.35M5.74M35.19M15.42M15.12M-11.33M-48.71M-54.80M-66.68M-40.73M-62.84M-184.04M-114.78M-99.45M-183.29M28.93M17.32M17.12M
Dividends Paid844.00K571.00K2.32M30.50M217.47M-271.16M111.67M4.87M-------1.78M264.35M60.20M1.78M13.36M6.01M00
FCF to OCF-669.90%-345.52%-1136.86%-616.09%-48.74%3604.72%-1876.82%87.29%98.83%97.74%99.95%-369.06%1737.92%3950.76%-994.62%-5860.86%-8776.40%-958.82%-1900.38%-619.21%-548.48%100.00%100.00%64.78%
Dividend Paid to FCF-5.23%-3.35%-0.71%-5.23%-2117.49%--121.95%1945.47%13.84%--------2.83%-143.64%-52.45%-1.79%-7.29%20.77%0.00%0.00%

Earnings

Report DateNov 2, 2004Feb 18, 2005Apr 25, 2005Aug 4, 2005Nov 10, 2005Feb 27, 2006May 11, 2006Aug 3, 2006Dec 7, 2006Mar 8, 2007May 17, 2007Aug 3, 2007Nov 8, 2007Mar 13, 2008Jun 12, 2008Aug 1, 2008Nov 20, 2008Jun 5, 2009Aug 10, 2009Nov 9, 2009Mar 11, 2010May 13, 2010Aug 5, 2010Nov 18, 2010Mar 18, 2011May 16, 2011Aug 3, 2011May 22, 2014Aug 7, 2014Mar 20, 2015Apr 26, 2016Sep 13, 2016Mar 24, 2017Aug 3, 2017Nov 23, 2017Mar 29, 2018May 3, 2018Aug 20, 2018Nov 6, 2018Mar 28, 2019May 16, 2019Sep 3, 2019Nov 21, 2019Mar 12, 2020Apr 10, 2020Aug 7, 2020Nov 19, 2020Mar 3, 2021Apr 23, 2021Sep 9, 2021Nov 18, 2021Mar 14, 2022Apr 15, 2022Sep 28, 2022Dec 14, 2022Apr 14, 2023Apr 14, 2025Oct 7, 2025
EPS Estimate1000000.001000000.001000000.001000000.001000000.00-1000000.00-1000000.00-1000000.00-1000000.00-1000000.001000000.00-1000000.00-1000000.001000000.001000000.00---1000000.001000000.001000000.001000000.001000000.001000000.001000000.00-----0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00-0.00-0.000.00
EPS Actual1000000.001000000.001000000.001000000.001000000.004537.511000000.00-1000000.00-1000000.00-1000000.001000000.001000000.00-1000000.00-1000000.00-1000000.001000000.001000000.001000000.00-1000000.001000000.001000000.001000000.00-1000000.001000000.001000000.00-1000000.00-1000000.001000000.001000000.001000000.00-280456.9015233.72-2494.16-10405.83-211.72-3.55-106.01-0.42-54.89-0.22-144.88-11.59-43.40-3.47-0.55-27.27-0.26-0.520.010.020.002.320.00-6.150.001.000.671.63
Surprise0.00%0.00%0.00%0.00%0.00%-0.00%0.00%0.00%0.00%200.00%0.00%0.00%0.00%-200.00%0.00%--0.00%0.00%0.00%0.00%-200.00%0.00%0.00%---------------------------------
TimingPre-marketPre-market-Pre-marketPre-market--Pre-marketPre-market-Pre-marketPre-marketPre-marketAfter-hours-Pre-market---After-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-market------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hours-After-hoursAfter-hoursAfter-hours--After-hoursPre-market-Pre-marketPre-marketPre-marketPre-marketAfter-hours--

Key Statistics & Ratios

Market Cap5.18M
Enterprise Value272.25M
Trailing P/E0.00
Forward P/E4.86
PEG Ratio0.00
Price / Sales0.08
Price / Book0.09
EPS-0.33
Book Value10.07
Revenue (TTM)62.08M
Gross Profit (TTM)40.44M
EBITDA30.11M
Profit Margin3.23%
Operating Margin45.60%
Return on Equity1.83%
Return on Assets3.07%
Shares Outstanding7.61M
Shares Float4.24M
Beta2.05
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 1 analystsTarget 29.00
  • Buy
    1

Ownership Breakdown

Institutions
3.45%
Insiders
44.28%
Retail / Other
52.27%

Top Institutional Holders

  • HRT FINANCIAL LLC
    35.37K0.64%
  • UBS Group AG
    15.63K0.28%
  • Cetera Investment Advisers
    13.13K0.24%
  • TWO SIGMA SECURITIES, LLC
    10.76K0.19%
  • Advisor Group Holdings, Inc.
    40.00%
  • Federation des caisses Desjardins du Quebec
    40.00%
  • Citadel Advisors Llc
    00.00%
  • Morgan Stanley - Brokerage Accounts
    00.00%
  • Royal Bank of Canada
    20.00%
  • JPMorgan Chase & Co
    20.00%
  • Northwestern Mutual Wealth Management Co
    20.00%
  • Huntington National Bank
    10.00%
  • Tower Research Capital LLC
    00.00%
  • Citigroup Inc
    00.00%
  • Dimensional Fund Advisors, Inc.
    00.00%

Top Fund Holders

  • DFA US Vector Equity Class F
    1.44K0.03%
  • DFA US Core Equity Class F
    2160.00%

Dividends

20063×
100000.00Apr 12, 2006100000.00Mar 28, 2006100000.00Jan 12, 2006
20054×
100000.00Oct 12, 2005100000.00Jul 13, 2005100000.00Jul 5, 2005100000.00Mar 29, 2005
20041×
100000.00Dec 20, 2004

Stock Splits

  • Nov 6, 20261:10
  • Sep 29, 20231:12
  • Sep 23, 20221:20
  • Aug 10, 20201:25
  • Aug 22, 20191:20
  • Mar 26, 20181:10
  • Oct 6, 20171:2
  • Aug 3, 20171:30
  • Jun 23, 20171:15
  • May 11, 20171:20
  • Feb 22, 20161:10
  • Apr 21, 20141:7
  • Jun 24, 20111:10
  • Mar 20, 20081:3