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Side-by-side financial comparison of American Integrity Insurance Group, Inc. (AII) and TOP SHIPS INC. (TOPS). Click either name above to swap in a different company.

American Integrity Insurance Group, Inc. is the larger business by last-quarter revenue ($68.1M vs $36.6M, roughly 1.9× TOP SHIPS INC.). American Integrity Insurance Group, Inc. runs the higher net margin — 30.7% vs -12.2%, a 42.9% gap on every dollar of revenue.

American International Group, Inc. (AIG) is an American multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions. As of 2023, AIG employed 25,200 people. The company operates through three core businesses: general insurance, life & retirement, and a standalone technology-enabled subsidiary. General Insurance includes Commercial, Personal Insurance, U.S. and International field operations. Life & Retirement includes Group Retirement, Individua...

Top Ships Inc. is a supply chain maritime transportation operations management company responsible for seaborne trade of raw materials. The company was founded by Evangelos J. Pistiolis on January 10, 2000 and is headquartered in Maroussi, Greece.

AII vs TOPS — Head-to-Head

Bigger by revenue
AII
AII
1.9× larger
AII
$68.1M
$36.6M
TOPS
Higher net margin
AII
AII
42.9% more per $
AII
30.7%
-12.2%
TOPS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AII
AII
TOPS
TOPS
Revenue
$68.1M
$36.6M
Net Profit
$20.9M
$-4.5M
Gross Margin
Operating Margin
43.0%
22.0%
Net Margin
30.7%
-12.2%
Revenue YoY
Net Profit YoY
EPS (diluted)
$0.58
$-0.96

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AII
AII
TOPS
TOPS
Q4 25
$68.1M
$36.6M
Q3 25
$62.0M
Q2 25
$74.5M
Q1 25
$71.9M
Net Profit
AII
AII
TOPS
TOPS
Q4 25
$20.9M
$-4.5M
Q3 25
$13.2M
Q2 25
$27.5M
Q1 25
$38.1M
Operating Margin
AII
AII
TOPS
TOPS
Q4 25
43.0%
22.0%
Q3 25
30.3%
Q2 25
32.3%
Q1 25
59.7%
Net Margin
AII
AII
TOPS
TOPS
Q4 25
30.7%
-12.2%
Q3 25
21.2%
Q2 25
36.9%
Q1 25
53.0%
EPS (diluted)
AII
AII
TOPS
TOPS
Q4 25
$0.58
$-0.96
Q3 25
$0.67
Q2 25
$1.62
Q1 25
$2.78

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AII
AII
TOPS
TOPS
Cash + ST InvestmentsLiquidity on hand
$222.0M
$20.4M
Total DebtLower is stronger
$618.0K
$216.6M
Stockholders' EquityBook value
$337.0M
$89.2M
Total Assets
$1.2B
$333.6M
Debt / EquityLower = less leverage
0.00×
2.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AII
AII
TOPS
TOPS
Q4 25
$222.0M
$20.4M
Q3 25
$171.9M
Q2 25
$259.6M
Q1 25
$236.4M
Total Debt
AII
AII
TOPS
TOPS
Q4 25
$618.0K
$216.6M
Q3 25
$721.0K
Q2 25
$824.0K
Q1 25
$926.0K
Stockholders' Equity
AII
AII
TOPS
TOPS
Q4 25
$337.0M
$89.2M
Q3 25
$315.9M
Q2 25
$301.9M
Q1 25
$186.1M
Total Assets
AII
AII
TOPS
TOPS
Q4 25
$1.2B
$333.6M
Q3 25
$1.4B
Q2 25
$1.6B
Q1 25
$1.1B
Debt / Equity
AII
AII
TOPS
TOPS
Q4 25
0.00×
2.43×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AII
AII
TOPS
TOPS
Operating Cash FlowLast quarter
$138.2M
$26.4M
Free Cash FlowOCF − Capex
$133.2M
FCF MarginFCF / Revenue
195.6%
Capex IntensityCapex / Revenue
7.4%
Cash ConversionOCF / Net Profit
6.62×
TTM Free Cash FlowTrailing 4 quarters
$216.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AII
AII
TOPS
TOPS
Q4 25
$138.2M
$26.4M
Q3 25
$-7.5M
Q2 25
$27.4M
Q1 25
$68.1M
Free Cash Flow
AII
AII
TOPS
TOPS
Q4 25
$133.2M
Q3 25
$-11.9M
Q2 25
$26.9M
Q1 25
$68.0M
FCF Margin
AII
AII
TOPS
TOPS
Q4 25
195.6%
Q3 25
-19.2%
Q2 25
36.1%
Q1 25
94.6%
Capex Intensity
AII
AII
TOPS
TOPS
Q4 25
7.4%
Q3 25
7.2%
Q2 25
0.6%
Q1 25
0.2%
Cash Conversion
AII
AII
TOPS
TOPS
Q4 25
6.62×
Q3 25
-0.57×
Q2 25
1.00×
Q1 25
1.79×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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