Top Ships Operating Margin Growth & History (TOPS)

Top Ships's operating margin was 32.68% for fiscal 2025.

View full Top Ships company overview

Top Ships annual operating margin history

Top Ships annual operating margin

Fiscal yearPeriod endedOperating marginChange (percentage points)
20252025-12-3132.68%−7.76 pp
20222022-12-3140.44%+14.18 pp
20212021-12-3126.26%+29.24 pp
20202020-12-31−2.98%−8.94 pp
20192019-12-315.96%+15.43 pp
20182018-12-31−9.47%−13.58 pp
20172017-12-314.11%−12.95 pp
20162016-12-3117.05%+73.77 pp
20152015-12-31−56.72%−40.39 pp
20142014-12-31−16.32%−62.32 pp
20132013-12-3145.99%+213.92 pp
20122012-12-31−167.92%+46.64 pp
20112011-12-31−214.56%−239.05 pp
20102010-12-3124.50%+161.20 pp
20092009-12-31−136.70%

Top Ships operating margin trends

Over the last five reported fiscal years, Top Ships's operating margin increased from −9.47% to 32.68%, a change of +42.15 percentage points. The latest reported quarter, Q2 2014, shows 150.59%.

About the metric

What operating margin means

Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.

Calculation and source

How operating margin is calculated

TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Top Ships filings at SEC.gov ↗