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Top Ships Inc.

TOPSNYSEAMERICANEnergyOil & Gas Midstream

$0.28Today:- (-)1Y −94.43%

As of Oct 26, 2026 close

Market cap
$3.00M
P/E (TTM)
0.30
Forward P/E
0.09
Dividend yield
-
52-week range
$0.41$7.40
Volume (live)
-
Avg. volume (3M)
4.83M

Top Ships (TOPS) Financial Ratios

For fiscal 2025 (fiscal year ended Dec 31, 2025), Top Ships had a P/E ratio of 6.76 (up from 5.54), return on equity of 2.6% (down from 3.1%), debt-to-equity of 2.43 (up from 1.84) and a current ratio of 0.61 (down from 0.71). A current ratio of 0.61 means current liabilities exceed current assets.

Top Ships Financial Ratios Analysis

Valuation, profitability, leverage, and liquidity ratios

Income StatementBalance SheetCash FlowRatios
Scroll to see more
BreakdownFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Period endingDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Valuation Ratios
P/E Ratio6.765.54--6.16-
Forward P/E5.315.316.011.371.58-
P/S Ratio0.260.320.870.160.590.80
P/B Ratio0.230.190.390.070.300.36
Price/Tangible Book0.230.190.520.120.360.40
Price/FCF3.71-2.50---
Price/OCF0.791.612.500.392.077.98
Enterprise Value Ratios
EV/Revenue3.533.354.464.644.135.56
EV/EBITDA7.366.998.588.179.8411.72
EV/EBIT10.8010.3312.8611.5114.5721.79
EV/FCF50.48-12.77---
Profitability & Returns
Return on Equity (ROE)2.64%3.07%3.19%12.37%7.07%-19.02%
Return on Assets (ROA)4.34%3.96%3.87%5.08%3.20%2.60%
Return on Capital Employed (ROCE)8.90%7.20%6.90%7.40%7.10%5.70%
Leverage & Solvency Ratios
Debt/Equity2.431.841.401.311.201.10
Debt/EBITDA4.495.104.754.553.805.04
Debt/FCF38.54-8.84---
Liquidity Ratios
Current Ratio0.610.710.940.710.701.77
Quick Ratio0.550.260.880.640.020.76
Efficiency Ratios
Asset Turnover0.210.200.180.200.180.16
Inventory Turnover39.9136.6931.6336.3947.0735.17
Yield & Distribution Ratios
Earnings Yield14.79%18.05%8.39%144.92%25.91%-47.34%
FCF Yield26.94%-23.94%40.04%-1401.92%-299.02%-238.23%
Payout Ratio--99.08%70.50%20.65%-
Buyback Yield--157.19%-611.49%-52.33%-69.37%-

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Top Ships Financial Ratios

What is Top Ships's P/E ratio?

Top Ships's P/E ratio was 6.76 for fiscal 2025 (period ended Dec 31, 2025). It was 5.54 a year earlier.

What is Top Ships's return on equity?

Top Ships's return on equity (ROE) was 2.6% for fiscal 2025 (period ended Dec 31, 2025). It was 3.1% a year earlier.

What is Top Ships's debt-to-equity ratio?

Top Ships's debt-to-equity ratio was 2.43 for fiscal 2025 (period ended Dec 31, 2025). It was 1.84 a year earlier.

What is return on equity (ROE)?

Return on equity is net income divided by shareholders' equity. It measures how much profit a company generates from the capital its shareholders have invested. Full definition