Performance Shipping vs TOP Ships
Performance Shipping and TOP Ships are similar in size: $84.2m and $80.4m of revenue in their latest fiscal years. TOP Ships grew faster (-0.3% against -3.7%). Performance Shipping kept more of each dollar of sales as profit: a net margin of 59.4% against 3.8%. Performance Shipping carries less debt relative to equity (70.7% against 245.0%).
| Latest fiscal year | Performance ShippingPSHG, 2025 | TOP ShipsTOPS, 2025 |
|---|---|---|
| Revenue | $84.2m | $80.4m |
| Revenue growth | -3.7% | -0.3% |
| Net income | $50.0m | $3.1m |
| Operating margin | 61.7% | 32.7% |
| Net margin | 59.4% | 3.8% |
| Return on equity | 16.7% | 3.1% |
| Free cash flow | −$204m | $17.1m |
| Cash | $48.2m | $20.4m |
| Total debt | $229m | $219m |
| Debt to equity | 70.7% | 245.0% |
| Dividend per share | — | — |
| Dividend yield | 9.6% | — |
| Share buybacks | $0 | — |
| Employees | — | — |
| Market value | $22.8m | $1.5m |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 0 sales |