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Annual · values202520242023202220212020201920182017201620152014
Gross Margin
Operating Margin32.68%40.44%26.26%-2.98%5.96%-9.47%4.11%17.05%-56.72%-16.32%
EBITDA Margin56.92%39.87%18.90%24.71%6.09%18.70%29.24%-50.64%8.02%
Net Margin3.84%23.49%15.29%-37.89%-22.35%-27.11%-34.05%3.70%-65.06%80.40%
Current Ratio0.610.710.940.710.701.770.670.141.140.230.290.13
Quick Ratio0.590.680.910.680.701.750.660.131.110.200.270.10
Debt / Equity2.431.801.722.111.040.873.181.070.871.770.640.46
ROE3.46%3.49%4.35%17.12%9.24%-18.90%-16.85%-10.67%-12.50%2.31%-24.91%6.81%
ROA0.93%1.19%1.32%4.04%2.60%-7.79%-3.32%-4.31%-6.08%0.73%-11.29%3.83%
Asset Turnover0.240.170.170.210.150.160.180.200.170.05
Book Value / Share19.2831.2277.53437.761.775.13748.685.74100.8811.3016.912.70

Top Ships Inc. is a prominent vessel-owning corporation in the maritime shipping industry, primarily dedicated to the transportation of oil, petroleum products, and chemicals. Founded in 2000 and headquartered in Athens, Greece, the company operates a fleet of modern high specification shock-resistant tankers, designed to optimize efficiency and ensure safety standards. Top Ships Inc. serves the global energy sector by providing essential sea-based transport services that facilitate the movement of critical raw materials and finished products necessary for various industries. Featuring a diversified fleet and strategic leasing agreements, the company navigates worldwide shipping lanes, connecting products from production sites to refineries and end-users. It plays a crucial role in maintaining global trade flow, significantly impacting energy supply chains and contributing to the stability of international commodities markets. As such, Top Ships Inc. is a key player in supporting the infrastructural needs of global commerce and energy sectors.