KNOT Offshore Partners LP(KNOP)Earnings, Financials & Key Ratios
KNOP•NYSE
$11.16
$380M mkt cap·53.1× P/E·Price updated May 6, 2026
AboutKNOT Offshore Partners LP owns, acquires, and operates shuttle tankers under long-term charters in the North Sea and Brazil. The company provides loading, transportation, discharge, and storage of crude oil under time charters and bareboat charters. As of March 17, 2022, it operated a fleet of seventeen shuttle tankers. The company was founded in 2013 and is headquartered in Aberdeen, the United Kingdom.Show more
- Revenue$313M+7.5%
- EBITDA$184M+35.7%
- Net Income$14M+141.0%
- EPS (Diluted)0.21+120.4%
- Gross Margin64.14%+130.4%
- EBITDA Margin58.78%+26.2%
- Operating Margin23.32%+169.8%
- Net Margin4.5%+138.1%
- ROE2.31%+142.4%
- ROIC3.7%+211.0%
- Debt/Equity1.48-6.1%
- Interest Coverage1.12+223.6%
KNOP Key Insights
KNOT Offshore Partners LP (KNOP) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong Piotroski F-Score: 8/9
- ✓FCF machine: 43.6% free cash flow margin
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy dividend yield of 2.7%
- ✓Share count reduced 12.8% through buybacks
- ✓Healthy 5Y average net margin of 11.4%
✗Weaknesses
- ✗Weak 3Y average ROE of 1.9%
- ✗Profits declining 24.9% over 5 years
- ✗Low asset turnover indicates capital-intensive operations
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
KNOP Price & Volume
KNOT Offshore Partners LP (KNOP) stock price & volume — 10-year historical chart
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KNOP Growth Metrics
KNOT Offshore Partners LP (KNOP) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years10.73%
5 Years2.04%
3 Years3.6%
TTM19.59%
Profit CAGR
10 Years-6.45%
5 Years-24.92%
3 Years-36.09%
TTM464.64%
EPS CAGR
10 Years-17.22%
5 Years-32.95%
3 Years-44.67%
TTM434.78%
Return on Capital
10 Years5.91%
5 Years4.81%
3 Years3.88%
Last Year5.3%
KNOP Recent Earnings
KNOT Offshore Partners LP (KNOP) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Mar 25, 2026EPS
$0.28
Est $0.21
+33.3%
Revenue
$96M
Est $96M
+0.7%
Q4 2025
Dec 4, 2025EPS
$0.45
Est $0.13
+246.2%
Revenue
$97M
Est $96M
+1.0%
Q4 2025
Sep 25, 2025EPS
$0.20
Est $0.17
+17.6%
Revenue
$87M
Est $85M
+2.6%
Q2 2025
May 20, 2025EPS
$0.22
Est $0.14
+57.1%
Revenue
$84M
Est $78M
+8.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 25, 2026 | $0.28vs $0.21+33.3% | $96Mvs $96M+0.7% |
| Q4 2025 | Dec 4, 2025 | $0.45vs $0.13+246.2% | $97Mvs $96M+1.0% |
| Q4 2025 | Sep 25, 2025 | $0.20vs $0.17+17.6% | $87Mvs $85M+2.6% |
| Q2 2025 | May 20, 2025 | $0.22vs $0.14+57.1% | $84Mvs $78M+8.0% |
Based on last 12 quarters of dataView full earnings history →
KNOP Peer Comparison
KNOT Offshore Partners LP (KNOP) competitors in Offshore Support and Wind Vessels — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 TK | 1.14B | 13.62 | 9.59 | -16.7% | 7.95% | 4.04% | 0.03 | |
 TNK | 2.76B | 79.37 | 7.86 | -22.58% | 36.9% | 17.18% | 0.03 | |
 NAT | 1.22B | 5.77 | 26.23 | -10.71% | 0.68% | 0.41% | 0.53 | |
 TEN | 1.3B | 43.17 | 8.58 | -9.61% | 14.13% | 6.19% | 1.00 | |
 FRO | 8.39B | 37.70 | 16.91 | 13.77% | 12.34% | 9.37% | 1.60 | |
 DHT | 3.05B | 18.94 | 14.46 | -13.04% | 42.37% | 19.28% | 0.38 | |
 INSW | 4.24B | 85.77 | 13.77 | -11.38% | 36.67% | 16.02% | 0.29 | |
 ASC | 766.68M | 18.79 | 21.35 | -23.56% | 13.22% | 6.37% | 0.20 |
Compare KNOP vs Peers
KNOT Offshore Partners LP (KNOP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
KNOP Income Statement
KNOT Offshore Partners LP (KNOP) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 173.67M | 219.2M | 279.46M | 282.56M | 279.22M | 281.13M | 268.58M | 290.72M | 312.63M | 359.21M |
| Revenue Growth % | 12.03% | 26.22% | 27.49% | 1.11% | -1.18% | 0.68% | -4.46% | 8.24% | 7.54% | 19.59% |
| Cost of Goods Sold | 87.13M | 118.29M | 145.49M | 149.97M | 150.75M | 171.67M | 196.26M | 209.79M | 112.12M | 214.42M |
| COGS % of Revenue | 50.17% | 53.96% | 52.06% | 53.08% | 53.99% | 61.07% | 73.07% | 72.16% | 35.86% | - |
| Gross Profit | 86.54M▲ 0% | 100.91M▲ 16.6% | 133.97M▲ 32.8% | 132.59M▼ 1.0% | 128.47M▼ 3.1% | 109.46M▼ 14.8% | 72.32M▼ 33.9% | 80.93M▲ 11.9% | 200.51M▲ 147.8% | 144.79M▲ 0% |
| Gross Margin % | 49.83% | 46.04% | 47.94% | 46.92% | 46.01% | 38.93% | 26.93% | 27.84% | 64.14% | 40.31% |
| Gross Profit Growth % | 10.05% | 16.61% | 32.76% | -1.03% | -3.1% | -14.8% | -33.93% | 11.9% | 147.77% | - |
| Operating Expenses | 4.37M | 5.55M | 5.29M | 4.86M | 5.39M | 6.46M | 6.1M | 55.79M | 127.59M | 33.84M |
| OpEx % of Revenue | 2.52% | 2.53% | 1.89% | 1.72% | 1.93% | 2.3% | 2.27% | 19.19% | 40.81% | - |
| Selling, General & Admin | 4.37M | 5.55M | 5.29M | 4.86M | 5.39M | 6.46M | 6.1M | 6.14M | 6.07M | 6.42M |
| SG&A % of Revenue | 2.52% | 2.53% | 1.89% | 1.72% | 1.93% | 2.3% | 2.27% | 2.11% | 1.94% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 49.65M | 121.53M | 1000K |
| Operating Income | 82.17M▲ 0% | 95.36M▲ 16.1% | 128.68M▲ 34.9% | 127.73M▼ 0.7% | 123.08M▼ 3.6% | 73.57M▼ 40.2% | 66.22M▼ 10.0% | 25.14M▼ 62.0% | 72.92M▲ 190.1% | 110.95M▲ 0% |
| Operating Margin % | 47.31% | 43.5% | 46.05% | 45.2% | 44.08% | 26.17% | 24.66% | 8.65% | 23.32% | 30.89% |
| Operating Income Growth % | 20.6% | 16.05% | 34.95% | -0.74% | -3.64% | -40.22% | -9.99% | -62.04% | 190.08% | - |
| EBITDA | 138.4M | 167.37M | 218.04M | 218.18M | 213.13M | 173.13M | 173.64M | 135.39M | 183.77M | 224.61M |
| EBITDA Margin % | 79.69% | 76.35% | 78.02% | 77.21% | 76.33% | 61.58% | 64.65% | 46.57% | 58.78% | 62.53% |
| EBITDA Growth % | 19.87% | 20.93% | 30.28% | 0.06% | -2.32% | -18.77% | 0.29% | -22.03% | 35.74% | 34.42% |
| D&A (Non-Cash Add-back) | 56.23M | 72.01M | 89.36M | 90.45M | 90.05M | 99.56M | 107.42M | 110.25M | 110.85M | 113.66M |
| EBIT | 83.27M | 100.17M | 133.38M | 110.55M | 97.58M | 83.44M | 102.77M | 33.74M | 79.83M | 113.38M |
| Net Interest Income | -22.15M | -31.87M | -50.48M | -50.72M | -32.23M | -29.07M | -42.41M | -69.19M | -64.07M | -59.92M |
| Interest Income | 24K | 248K | 739K | 865K | 125K | 2K | 822K | 3.47M | 1.06M | 3.54M |
| Interest Expense | 22.18M | 32.12M | 51.22M | 51.58M | 32.35M | 29.08M | 43.23M | 72.66M | 65.13M | 63.45M |
| Other Income/Expense | -21.08M | -27.31M | -46.52M | -68.76M | -57.85M | -19.21M | -6.68M | -64.06M | -58.22M | -57.45M |
| Pretax Income | 61.09M▲ 0% | 68.05M▲ 11.4% | 82.16M▲ 20.7% | 58.97M▼ 28.2% | 65.23M▲ 10.6% | 54.36M▼ 16.7% | 59.54M▲ 9.5% | -38.92M▼ 165.4% | 14.7M▲ 137.8% | 53.5M▲ 0% |
| Pretax Margin % | 35.17% | 31.04% | 29.4% | 20.87% | 23.36% | 19.34% | 22.17% | -13.39% | 4.7% | 14.89% |
| Income Tax | -15K | -16K | -2K | 9K | 10K | 488K | 875K | -4.59M | 631K | 746K |
| Effective Tax Rate % | -0.02% | -0.02% | -0% | 0.02% | 0.02% | 0.9% | 1.47% | 11.81% | 4.29% | 1.39% |
| Net Income | 61.1M▲ 0% | 68.06M▲ 11.4% | 82.17M▲ 20.7% | 58.96M▼ 28.2% | 65.22M▲ 10.6% | 53.88M▼ 17.4% | 58.67M▲ 8.9% | -34.33M▼ 158.5% | 14.06M▲ 141.0% | 52.76M▲ 0% |
| Net Margin % | 35.18% | 31.05% | 29.4% | 20.87% | 23.36% | 19.16% | 21.84% | -11.81% | 4.5% | 14.69% |
| Net Income Growth % | 51.09% | 11.4% | 20.72% | -28.25% | 10.63% | -17.4% | 8.89% | -158.51% | 140.97% | 464.64% |
| Net Income (Continuing) | 61.1M | 68.06M | 82.17M | 58.96M | 65.22M | 53.88M | 58.67M | -34.33M | 14.06M | 52.76M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.75M |
| EPS (Diluted) | 2.25▲ 0% | 2.26▲ 0.4% | 2.51▲ 11.1% | 1.55▼ 38.2% | 1.74▲ 12.3% | 1.24▼ 28.7% | 1.33▲ 7.3% | -1.03▼ 177.4% | 0.21▲ 120.4% | 1.54▲ 0% |
| EPS Growth % | 40.63% | 0.44% | 11.06% | -38.25% | 12.26% | -28.74% | 7.26% | -177.44% | 120.39% | 434.78% |
| EPS (Basic) | 2.25 | 2.26 | 2.51 | 1.55 | 1.74 | 1.39 | 1.48 | -1.18 | 0.21 | - |
| Diluted Shares Outstanding | 27.19M | 30.07M | 32.69M | 32.69M | 32.69M | 37.26M | 38.34M | 39.32M | 34.3M | 34.15M |
| Basic Shares Outstanding | 27.19M | 30.07M | 32.69M | 32.69M | 32.69M | 33.24M | 34.3M | 34.3M | 34.05M | 34.15M |
| Dividend Payout Ratio | 98.46% | 101.33% | 96.56% | 134.57% | 121.63% | 147.35% | 135.46% | - | 73.99% | - |
KNOP Balance Sheet
KNOT Offshore Partners LP (KNOP) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 31.08M | 56.1M | 52.38M | 52.81M | 66.47M | 73.89M | 85.93M | 89.78M | 95.37M | 102.1M |
| Cash & Short-Term Investments | 27.66M | 46.1M | 41.71M | 43.52M | 52.58M | 62.29M | 47.58M | 63.92M | 66.93M | 77.21M |
| Cash Only | 27.66M | 46.1M | 41.71M | 43.52M | 52.58M | 62.29M | 47.58M | 63.92M | 66.93M | 77.21M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 150K | 571K | 2.79M | 5.06M | 5.73M | 2.67M | 10.93M | 7.58M | 15.52M | 3.65M |
| Days Sales Outstanding | 0.32 | 0.95 | 3.65 | 6.54 | 7.49 | 3.46 | 14.86 | 9.51 | 18.12 | 8.08 |
| Inventory | 1.18M | 2.24M | 2.44M | 2.29M | 2.65M | 3.31M | 5.76M | 3.7M | 3.3M | 4.05M |
| Days Inventory Outstanding | 4.93 | 6.91 | 6.13 | 5.58 | 6.42 | 7.03 | 10.71 | 6.43 | 10.76 | 6.47 |
| Other Current Assets | 980K | 4.24M | 4.62M | 920K | 4.46M | 4.47M | 20.35M | 13.02M | 8.11M | 17.2M |
| Total Non-Current Assets | 1.26B | 1.74B | 1.78B | 1.69B | 1.71B | 1.6B | 1.65B | 1.51B | 1.48B | 1.62B |
| Property, Plant & Equipment | 1.26B | 1.72B | 1.77B | 1.68B | 1.71B | 1.6B | 1.63B | 1.5B | 1.46B | 1.61B |
| Fixed Asset Turnover | 0.14x | 0.13x | 0.16x | 0.17x | 0.16x | 0.18x | 0.16x | 0.19x | 0.21x | 0.23x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | -1.52M | 2.5M | 1.89M | 1.29M | 681K | 75K | 0 | 0 | 0 | 0 |
| Long-Term Investments | 4.31M | 11.54M | 15.47M | 648K | 2.87M | 2.46M | 14.38M | 7.23M | 5.19M | 29.32M |
| Other Non-Current Assets | 5.83M | 11.54M | 15.47M | 8.6M | 0 | 2.46M | 0 | 0 | 4.82M | 10.97M |
| Total Assets | 1.29B▲ 0% | 1.79B▲ 38.8% | 1.84B▲ 2.4% | 1.74B▼ 5.4% | 1.78B▲ 2.4% | 1.68B▼ 5.8% | 1.73B▲ 3.4% | 1.6B▼ 7.9% | 1.57B▼ 1.5% | 1.72B▲ 0% |
| Asset Turnover | 0.13x | 0.12x | 0.15x | 0.16x | 0.16x | 0.17x | 0.15x | 0.18x | 0.20x | 0.22x |
| Asset Growth % | 5.59% | 38.76% | 2.43% | -5.38% | 2.43% | -5.79% | 3.38% | -7.93% | -1.52% | 19.4% |
| Total Current Liabilities | 77.64M | 122.81M | 128.42M | 104M | 213.93M | 115.96M | 389.99M | 127.58M | 287.12M | 367.74M |
| Accounts Payable | 2.22M | 5.22M | 4.8M | 2.73M | 3.85M | 3.87M | 4.27M | 10.24M | 5.77M | 7M |
| Days Payables Outstanding | 9.3 | 16.12 | 12.04 | 6.64 | 9.32 | 8.23 | 7.94 | 17.82 | 18.77 | 11.29 |
| Short-Term Debt | 58.98M | 92.98M | 106.93M | 83.45M | 184.84M | 88.58M | 370.5M | 98.96M | 256.66M | 324.64M |
| Deferred Revenue (Current) | 8.74M | 11.5M | 7.29M | 1.52M | 6.94M | 7.7M | 2.15M | 467K | 10.16M | 37.37M |
| Other Current Liabilities | 3.3M | 978K | 1.74M | 9.11M | 12.27M | 8.73M | 1.7M | 2.15M | 0 | 6.67M |
| Current Ratio | 0.40x | 0.46x | 0.41x | 0.51x | 0.31x | 0.64x | 0.22x | 0.70x | 0.33x | 0.33x |
| Quick Ratio | 0.39x | 0.44x | 0.39x | 0.49x | 0.30x | 0.61x | 0.21x | 0.67x | 0.32x | 0.32x |
| Cash Conversion Cycle | -4.06 | -8.25 | -2.27 | 5.47 | 4.59 | 2.26 | 17.63 | -1.88 | 10.1 | 3.26 |
| Total Non-Current Liabilities | 692.93M | 941.14M | 976.37M | 922.35M | 868.82M | 888.31M | 691.75M | 861.44M | 673.91M | 723.55M |
| Long-Term Debt | 682.66M | 933.63M | 970.37M | 911.94M | 846.16M | 878.55M | 686.6M | 857.83M | 648.08M | 657.54M |
| Capital Lease Obligations | 0 | 0 | 0 | 1.23M | 838K | 2.09M | 1.55M | 1.14M | 97K | 6.91M |
| Deferred Tax Liabilities | 685K | 624K | 453K | 357K | 295K | 228K | 424K | 127K | 91K | 395K |
| Other Non-Current Liabilities | 286K | 6.89M | 345K | 5.13M | 19.36M | 4.26M | 0 | 0 | 0 | 3.17M |
| Total Liabilities | 770.57M | 1.06B | 1.1B | 1.03B | 1.08B | 1B | 1.08B | 989.01M | 961.03M | 1.09B |
| Total Debt | 741.65M | 1.03B | 1.08B | 997.2M | 1.03B | 969.87M | 1.06B | 958.91M | 906M | 983.6M |
| Net Debt | 713.98M | 980.51M | 1.04B | 953.67M | 979.25M | 907.57M | 1.01B | 894.99M | 839.07M | 906.39M |
| Debt / Equity | 1.42x | 1.41x | 1.47x | 1.40x | 1.48x | 1.44x | 1.62x | 1.58x | 1.48x | 1.48x |
| Debt / EBITDA | 5.36x | 6.13x | 4.94x | 4.57x | 4.84x | 5.60x | 6.10x | 7.08x | 4.93x | 4.38x |
| Net Debt / EBITDA | 5.16x | 5.86x | 4.75x | 4.37x | 4.59x | 5.24x | 5.82x | 6.61x | 4.57x | 4.57x |
| Interest Coverage | 3.70x | 2.97x | 2.51x | 2.48x | 3.80x | 2.53x | 1.53x | 0.35x | 1.12x | 1.79x |
| Total Equity | 521.71M▲ 0% | 729.21M▲ 39.8% | 732.04M▲ 0.4% | 711.66M▼ 2.8% | 697.55M▼ 2.0% | 673.01M▼ 3.5% | 652.21M▼ 3.1% | 607.48M▼ 6.9% | 611.13M▲ 0.6% | 631.2M▲ 0% |
| Equity Growth % | 0.18% | 39.77% | 0.39% | -2.78% | -1.98% | -3.52% | -3.09% | -6.86% | 0.6% | 12.05% |
| Book Value per Share | 19.18 | 24.25 | 22.39 | 21.77 | 21.34 | 18.06 | 17.01 | 15.45 | 17.82 | 18.48 |
| Total Shareholders' Equity | 4K | 673.11M | -363.34M | 711.66M | 697.55M | 673.01M | 652.21M | 607.48M | 611.13M | 621.44M |
| Common Stock | 521.71M | 639.95M | 642.77M | 622.4M | 608.28M | 588.71M | 567.9M | 523.17M | 526.83M | 537.13M |
| Retained Earnings | 0 | -729.21M | -1.1B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 4K | -280.32M | -363.34M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.75M |
KNOP Cash Flow Statement
KNOT Offshore Partners LP (KNOP) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 108.44M | 154.59M | 148.65M | 165.69M | 169.24M | 166.41M | 100.94M | 131.64M | 137.15M | 137.15M |
| Operating CF Margin % | 62.44% | 70.52% | 53.19% | 58.64% | 60.61% | 59.19% | 37.58% | 45.28% | 43.87% | - |
| Operating CF Growth % | 21.63% | 42.55% | -3.84% | 11.47% | 2.14% | -1.67% | -39.34% | 30.41% | 4.18% | 80.91% |
| Net Income | 61.1M | 68.06M | 82.17M | 58.96M | 65.22M | 53.88M | 58.67M | -34.33M | 14.06M | 52.76M |
| Depreciation & Amortization | 55.91M | 70.49M | 87.84M | 90.45M | 91.33M | 98.65M | 105.98M | 110.25M | 110.85M | 114.52M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | -2K | 9K | 10K | 0 | 875K | -4.59M | 631K | 621K |
| Other Non-Cash Items | -8.5M | -14.2M | -10.29M | 17.54M | 18.72M | 8.51M | -53.78M | 40.91M | 26.34M | -2.31M |
| Working Capital Changes | 866K | 30.24M | -8.85M | -1.26M | -6.05M | 5.38M | -10.79M | 19.4M | -14.74M | -10.09M |
| Change in Receivables | -3.15M | 26.97M | -4.46M | -2.33M | -5.06M | 5.25M | 1.45M | 1.65M | -4.82M | -5.04M |
| Change in Inventory | -20K | -358K | 55K | 152K | -225K | -653K | -2.16M | 2.14M | 583K | -315.55K |
| Change in Payables | 45K | 2.19M | -1.3M | -2.1M | 700K | 18K | 251K | 5.87M | -4.38M | 1.23M |
| Cash from Investing | -13.95M | -94.86M | -15.49M | 0 | -21.43M | -11.54M | -35.51M | -2.78M | -338K | -25.97M |
| Capital Expenditures | -846K | -849K | -117K | 0 | -339K | -11.54M | -3.31M | -2.78M | -945K | -239.41K |
| CapEx % of Revenue | 0.49% | 0.39% | 0.04% | - | 0.12% | 4.1% | 1.23% | 0.96% | 0.3% | - |
| Acquisitions | -13.11M | -94.01M | -15.38M | 0 | -21.09M | 0 | -32.2M | 0 | 607K | -26.8M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.07M |
| Cash from Financing | -90.34M | -41.38M | -137.38M | -163.85M | -139.26M | -145.15M | -79.97M | -112.51M | -133.32M | -119.3M |
| Debt Issued (Net) | -30.01M | -179.58M | -52.73M | -84.53M | -59.83M | -61.52M | 391K | -99.64M | -122.39M | -106.94M |
| Equity Issued (Net) | 0 | 1000K | -4K | 0 | 0 | 976K | 0 | 0 | 0 | -1000K |
| Dividends Paid | -60.16M | -68.97M | -79.34M | -79.34M | -79.34M | -79.39M | -79.47M | -10.41M | -10.41M | -10.56M |
| Share Repurchases | 0 | 0 | -4K | 0 | 0 | 0 | 0 | 0 | 0 | -1.68M |
| Other Financing | -174K | -1.24M | -5.3M | 21K | -90K | -5.21M | -889K | -2.46M | -521K | -112.94K |
| Net Change in Cash | 4.09M▲ 0% | 18.44M▲ 350.7% | -4.39M▼ 123.8% | 1.81M▲ 141.3% | 9.06M▲ 399.6% | 9.71M▲ 7.2% | -14.71M▼ 251.5% | 16.34M▲ 211.1% | 3.01M▼ 81.6% | 9.98M▲ 0% |
| Free Cash Flow | 107.6M▲ 0% | 153.74M▲ 42.9% | 148.53M▼ 3.4% | 165.69M▲ 11.6% | 168.9M▲ 1.9% | 154.88M▼ 8.3% | 97.63M▼ 37.0% | 128.86M▲ 32.0% | 136.2M▲ 5.7% | 155.26M▲ 0% |
| FCF Margin % | 61.96% | 70.13% | 53.15% | 58.64% | 60.49% | 55.09% | 36.35% | 44.33% | 43.57% | 43.22% |
| FCF Growth % | 22.78% | 42.88% | -3.39% | 11.56% | 1.94% | -8.3% | -36.96% | 31.99% | 5.69% | 22.03% |
| FCF per Share | 3.96 | 5.11 | 4.54 | 5.07 | 5.17 | 4.16 | 2.55 | 3.28 | 3.97 | 3.97 |
| FCF Conversion (FCF/Net Income) | 1.77x | 2.27x | 1.81x | 2.81x | 2.59x | 3.09x | 1.72x | -3.83x | 9.75x | 2.94x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 65.7M | 65.7M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
KNOP Key Ratios
KNOT Offshore Partners LP (KNOP) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 11.72% | 10.88% | 11.25% | 8.17% | 9.26% | 7.86% | 8.85% | -5.45% | 2.31% | 8.51% |
| Return on Invested Capital (ROIC) | 5.13% | 4.86% | 5.55% | 5.58% | 5.52% | 3.39% | 3.06% | 1.19% | 3.7% | 3.7% |
| Gross Margin | 49.83% | 46.04% | 47.94% | 46.92% | 46.01% | 38.93% | 26.93% | 27.84% | 64.14% | 40.31% |
| Net Margin | 35.18% | 31.05% | 29.4% | 20.87% | 23.36% | 19.16% | 21.84% | -11.81% | 4.5% | 14.69% |
| Debt / Equity | 1.42x | 1.41x | 1.47x | 1.40x | 1.48x | 1.44x | 1.62x | 1.58x | 1.48x | 1.48x |
| Interest Coverage | 3.70x | 2.97x | 2.51x | 2.48x | 3.80x | 2.53x | 1.53x | 0.35x | 1.12x | 1.79x |
| FCF Conversion | 1.77x | 2.27x | 1.81x | 2.81x | 2.59x | 3.09x | 1.72x | -3.83x | 9.75x | 2.94x |
| Revenue Growth | 12.03% | 26.22% | 27.49% | 1.11% | -1.18% | 0.68% | -4.46% | 8.24% | 7.54% | 19.59% |
KNOP Frequently Asked Questions
KNOT Offshore Partners LP (KNOP) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
KNOT Offshore Partners LP (KNOP) reported $359.2M in revenue for fiscal year 2024. This represents a 718% increase from $43.9M in 2011.
KNOT Offshore Partners LP (KNOP) grew revenue by 7.5% over the past year. This is steady growth.
Yes, KNOT Offshore Partners LP (KNOP) is profitable, generating $52.8M in net income for fiscal year 2024 (4.5% net margin).
Dividend & Returns
Yes, KNOT Offshore Partners LP (KNOP) pays a dividend with a yield of 2.72%. This makes it attractive for income-focused investors.
KNOT Offshore Partners LP (KNOP) has a return on equity (ROE) of 2.3%. This is below average, suggesting room for improvement.
KNOT Offshore Partners LP (KNOP) generated $155.3M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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KNOT Offshore Partners LP (KNOP) financial analysis — history, returns, DCA and operating performance tools
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