KNOT Offshore Partners LP
KNOP NYSE· Water Transportation
KIRA · Stoqly’s AI analyst, in plain words
- KNOT Offshore Partners LP had $364M of revenue in fiscal 2025, up 14.4% on the year before. Over five years, revenue changed +5.5% a year on average.
- Its operating margin was 23.2%, up 0.3 pts: of every 100 in sales, about 23 is left after running the business.
- KNOT Offshore Partners LP made $23.3M of net profit in fiscal 2025.
- KNOT Offshore Partners LP returned $3.0M to shareholders in fiscal 2025.
- KNOT Offshore Partners LP owes $866M more than it holds in cash, about 4.2 years of operating profit.
Market cap
—
P/E
—
Revenue
$364M
Net income
$23.3M
Free cash flow
—
Operating margin
23.2%
KNOT Offshore Partners LP in 30 seconds · fiscal 2025
Are sales growing?
+14.4%
Yes. Sales grew 14.4% last year.
Does it make a profit?
6.4%
A little. It keeps 6.4% of every sale as profit.
Is debt under control?
4.2x
Heavy. Repaying its debt would take 4.2 years of operating profit.
How healthy are the accounts?
6 / 7
Mixed. It passes 6 of 7 health tests.
What KNOT Offshore Partners LP does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 20-F · Apr 17, 2026
- Legal name
- KNOT Offshore Partners LP
- CIK
- 0001564180
KNOT Offshore Partners LP · KNOP
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $281M | $269M | $291M | $319M | $364M |
| Revenue growth | 0.7% | −4.5% | 8.2% | 9.6% | 14.4% |
| Operating margin | 26.2% | 24.7% | 8.6% | 22.9% | 23.2% |
| Net income | $53.9M | $58.7M | −$34.3M | $14.1M | $23.3M |
| Net margin | 19.2% | 21.8% | −11.8% | 4.4% | 6.4% |
| Cash | |||||
| Cash from operations | $166M | $101M | $132M | $137M | $156M |
| Share buybacks | — | — | — | — | $3.0M |
| Debt and strength | |||||
| Cash and short-term investments | $62.3M | $47.6M | $63.9M | $66.9M | $89.0M |
| Debt incl. finance leases | $967M | $1.1B | $957M | $905M | $955M |
| Net debt / EBITDA | 5.2x | 5.8x | 6.6x | 4.5x | 4.2x |
| Current ratio | 0.6x | 0.2x | 0.7x | 0.3x | 0.3x |
| Interest coverage | 2.6x | 1.6x | 0.3x | 1.1x | 1.4x |
| Returns and quality | |||||
| Piotroski F-score | 6 | 4 | 5 | 6 | 6 |
Insiders bought, 12 months
$25.0M
1 insider
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
KNOT Offshore Partners LP · KNOP
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Source: SEC EDGAR XBRL filings (CIK 0001564180). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.