TOPSNYSEDeep Sea Foreign Transportation of FreightFiscal year ends December 31
TOP SHIPS INC.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 1, 2026
$0.42−0.03 (-7.42%)
Close on Oct 19, 2026
- Market cap
- –
- P/E (TTM)
- 0.6
- Dividend yield
- –
Top Ships statistics
Financials through Dec 31, 2025, price as of Oct 19, 2026, median of Deep Sea Foreign Transportation of Freight companies for comparison
Valuation
| Measure | Top Ships | Industry median |
|---|---|---|
| Market Cap | $1.97M | $829.89M |
| Enterprise Value | $198.21M | $1.30B |
| PE Ratio | 0.62 | 12.28 |
| PS Ratio | 0.02 | 2.05 |
| PB Ratio | 0.02 | 1.15 |
| P/TBV Ratio | 0.02 | 1.14 |
| P/OCF Ratio | 0.07 | 6.16 |
Enterprise value
| Measure | Top Ships | Industry median |
|---|---|---|
| EV / Sales | 2.46 | 2.57 |
| EV / EBITDA | 7.54 | 8.10 |
| EV / EBIT | 7.54 | 13.06 |
Income (trailing twelve months)
| Measure | Top Ships | Industry median |
|---|---|---|
| Revenue | $80.42M | $392.54M |
| Operating Income | $26.28M | $79.99M |
| EBITDA | $26.28M | $112.44M |
| EPS (Diluted) | $0.67 | $1.35 |
Margins
| Measure | Top Ships | Industry median |
|---|---|---|
| Operating Margin | 32.7% | 23.1% |
| EBITDA Margin | 32.7% | 31.8% |
Returns
| Measure | Top Ships | Industry median |
|---|---|---|
| Return on Invested Capital (ROIC) | 6.09% | 8.26% |
| Return on Capital Employed (ROCE) | 8.94% | 7.98% |
Growth
| Measure | Top Ships | Industry median |
|---|---|---|
| EPS Growth (YoY) | -38.5% | -7.86% |
| Revenue Growth (3Y CAGR) | -0.10% | 3.02% |
| Revenue Growth (5Y CAGR) | 5.95% | 10.00% |
Balance sheet
| Measure | Top Ships | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $20.37M | $105.68M |
| Total Debt | $216.61M | $548.59M |
| Net Cash (Debt) | -$196.24M | -$78.32M |
| Net Cash Per Share | -$41.52 | -$3.81 |
| Equity (Book Value) | $89.19M | $665.65M |
| Book Value Per Share | $18.87 | $15.98 |
| Tangible Book Value | $89.19M | $665.65M |
| Working Capital | -$15.51M | $83.19M |
Financial position
| Measure | Top Ships | Industry median |
|---|---|---|
| Current Ratio | 0.61 | 1.68 |
| Quick Ratio | 0.55 | 1.06 |
| Debt / Equity | 2.43 | 0.81 |
| Debt / EBITDA | 8.24 | 3.27 |
| Net Debt / EBITDA | 7.47 | 3.10 |
| Interest Coverage | 1.12 | 2.23 |
Cash flow (trailing twelve months)
| Measure | Top Ships | Industry median |
|---|---|---|
| Operating Cash Flow | $26.43M | $121.01M |
Efficiency
| Measure | Top Ships | Industry median |
|---|---|---|
| Asset Turnover | 0.21 | 0.28 |
| Revenue Per Employee | $13.40M | $3.55M |
| Employee Count | 6 | 175 |
Dividends and yields
| Measure | Top Ships | Industry median |
|---|---|---|
| Buyback Yield | 0.00% | 0.00% |
| Shareholder Yield | 0.00% | 1.24% |
Shares
| Measure | Top Ships | Industry median |
|---|---|---|
| Shares Outstanding | 4,726,200 | 40,731,400 |
| Shares Change (YoY) | 0.00% | 0.77% |
| Float | 1,240,770 | 33,020,000 |
| Shares Held by Insiders | 73.7% | 22.0% |
Scores
| Measure | Top Ships | Industry median |
|---|---|---|
| Graham Number | $16.87 | $21.99 |
| Graham Upside | 3949.6% | 18.3% |
| Altman Z-Score | -0.96 | 1.38 |
Calculated by StockData from Top Ships's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.