TOPS
Top Ships Inc.
There isn't enough reported data to score TOPS yet.
VRT
Vertiv Holdings Co
VRT's fundamentals are strong and it looks cheap: trading at 39x earnings, about half its usual 72x. Analysts expect strong earnings growth.
TOPS Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Stable | |
| Unavailable | |
| Weak |
TOPS's profitability is currently stable, but its balance sheet is weak. There isn't enough data to rate its revenue and cash flow.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
TOPS PE Valuation
TOPS has no meaningful PE right now: it lost money over the past year.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT's PE is in its cheap range at 39x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
TOPS Forward outlook
There aren't enough analyst estimates for TOPS to show an outlook.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for VRT, with profitability improving.
TOPS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q4 2025 | $6.70 | -39% |
TOPS and VRT do not have enough comparable growth data to identify a winner.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT's earnings per share have climbed steadily: $5.35 over the past year, up 102% from the year before, and higher year over year every quarter since late 2021.
TOPS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $25.5M | -42% |
| Q2 2025 | $43.8M | +4.1% |
| Q2 2024 | $42.1M | +2.2% |
| Q2 2023 | $41.1M | +5.9% |
| Q4 2022 | $41.8M | +35% |
| Q2 2022 | $38.8M | +53% |
| Q4 2021 | $31.1M | +125% |
TOPS's revenue has held roughly level: $25M last quarter, down 38% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 46% | +12 points |
| Q4 2025 | 22% | N/A |
| Q2 2025 | 42% | +2.1 points |
| Q2 2024 | 34% | -5 points |
| Q2 2023 | 40% | +23 points |
| Q4 2022 | 42% | -2.8 points |
| Q2 2022 | 39% | +24 points |
| Q4 2021 | 34% | N/A |
TOPS has the edge over VRT on profitability, with a higher operating margin.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over TOPS in the latest year-over-year revenue comparison.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT's operating margin was 23% last quarter, up 3.5 points from the same quarter a year ago, near the top of its range since 2020.
TOPS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$51.6M | -428% |
TOPS and VRT do not have enough comparable growth data to identify a winner.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT generated $3.1B in free cash flow over the past year, up 127% from the year before.
TOPS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +132% | +609K shares |
| 1 year | +132% | +609K shares |
TOPS has 1M diluted shares, up 132% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q4 2020 | $1,000 |
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has the edge over TOPS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
TOPS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2025 | 5.7x | High |
| Q4 2024 | 6.1x | High |
| Q2 2024 | 6.2x | High |
| Q4 2023 | 4.8x | High |
| Q2 2023 | 5.0x | High |
| Q4 2022 | 4.6x | High |
| Q2 2022 | 6.4x | High |
| Q4 2021 | 4.2x | High |
TOPS's net debt is about 5.7 years of its operating earnings (EBITDA), up from 5.0 years a year ago.
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has more cash than debt.
TOPS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 16.8 | Oversold |
| Stochastic | 4.7 | Oversold |
TOPS's weekly RSI is 17 (oversold) and its Stochastic is 5 (oversold).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
TOPS PE vs Industrials Sector
| Metric | TOPS | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
TOPS has no meaningful PE right now: it lost money over the past year.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
TOPS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.16 | 32% below |
| 20 week MA | $6.20 | 55% below |
| 50 week MA | $23.3 | 88% below |
| 100 week MA | $41.9 | 93% below |
| 200 week MA | $73.8 | 96% below |
TOPS is in a downtrend: it's below all five of its weekly moving averages, and 96% below its 200-week average.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has the edge over TOPS on trend strength, trading above more of its moving averages.
TOPS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51,000.0 | $2,976.0 | -94% |
| 2021 | $2,976.0 | $2,328.0 | -22% |
| 2022 | $2,328.0 | $139.2 | -94% |
| 2023 | $139.2 | $156.2 | +12% |
| 2024 | $156.2 | $61.2 | -61% |
| 2025 | $61.2 | $50.6 | -17% |
| 2026 YTD | $50.6 | $2.81 | -94% |
TOPS has finished lower in five of the last six years. It's down 94% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over TOPS on returns for 2026, with the stronger performance.