KNOT Offshore Partners LP (KNOP) stock analysis
Close on Nov 12, 2026Market cap $345.70MP/E –Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Weak3 of 30 checks passed
KNOT Offshore Partners LP passes 3 of the 30 checks behind our score; 20 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 0/6
- Growth
- 3/6
- Past performance
- 0/6
- Financial health
- 0/6
- Dividend
- 0/6
What stands out
Revenue growing 10%+ a year
Revenue grew 10.7% a year over the last three fiscal years.
Earnings growth accelerating
Net income grew 65.4% over the last twelve months, against a 5-year average of -18.6% a year.
Growing faster than the industry
Revenue grew 14.4% over the last twelve months; the Water Transportation median is 4.9%.
What to watch
Earnings shrank over 5 years
Net income shrank 18.6% a year on average over the last five fiscal years.
Interest not well covered
Operating income covers interest expense 1.4 times; we look for at least 5.
Debt not well covered by cash flow
Operating cash flow over the last twelve months equals 17.3% of total debt; we look for at least 20%.
Net margin below its 5-year average
Net margin was 6.4% over the last twelve months, against a 5-year average of 8.0%.
Valuation0/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA against its history
Needs positive EBITDA and price history.
P/B against the industry
Needs positive book value.
Price against fair value
We could not estimate a fair value: it needs at least two valuation methods with positive inputs.
Margin of safety
Depends on the fair value estimate.
Growth3/6
Revenue growing 10%+ a year
Revenue grew 10.7% a year over the last three fiscal years.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings growth accelerating
Net income grew 65.4% over the last twelve months, against a 5-year average of -18.6% a year.
Growing faster than the industry
Revenue grew 14.4% over the last twelve months; the Water Transportation median is 4.9%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
This company does not report gross profit.
Past performance0/6
Return on equity
Needs positive equity and five years of results.
Return on invested capital
Needs operating income and invested capital.
Return on equity against the industry
Needs positive equity.
Earnings shrank over 5 years
Net income shrank 18.6% a year on average over the last five fiscal years.
Net margin below its 5-year average
Net margin was 6.4% over the last twelve months, against a 5-year average of 8.0%.
Net margin below the industry
KNOT Offshore Partners LP's net margin of 6.4% is below the Water Transportation median of 11.4%.
Financial health0/6
Debt level
Needs debt and equity figures.
Debt trend
Needs a balance sheet from five years ago with positive equity.
Debt not well covered by cash flow
Operating cash flow over the last twelve months equals 17.3% of total debt; we look for at least 20%.
Interest not well covered
Operating income covers interest expense 1.4 times; we look for at least 5.
Short-term assets don't cover short-term debts
Current assets are 0.34 times current liabilities.
Bankruptcy risk (Altman Z)
Needs market value, working capital and retained earnings.
Dividend0/6
No dividend
KNOT Offshore Partners LP has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itWe don't publish a fair value for KNOT Offshore Partners LP. It needs a US-dollar share price, at least two valuation methods with positive inputs (earnings, EBITDA, book value or sales) and, for companies with several share classes, classes that trade at the same price.
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
High risk
- Average value traded per day
- $735.26K
- Value traded per 1% price move
- $375.62K
Downside
Low risk
- Typical loss in a bad month
- 14.2%
- Volatility (annualized)
- 31%
- Sharpe ratio, 1 year
- -0.49
- Beta to the S&P 500 (5Y)
- 0.30
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2011 to 2025
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +14.4% | +10.7% | +5.5% | +8.9% | |
| Operating income | +16.1% | +8.5% | -7.2% | +2.2% | |
| Net income | +65.4% | -26.5% | -18.6% | -5.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | 4.9% | 3.7% | 1.4% | |
| Current ratio | 0.40 | 0.31 | 0.26 | |
| Interest coverage | 3.9× | 3.9× | 1.4× |
Cash use needs five years of cash flow figures
KNOT Offshore Partners LP does not report operating cash flow and capital expenditure for each of the last five fiscal years.
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
- ProfitableNet income above zero$23.26M
- Cash generatingOperating cash flow above zero$155.74M
- Return on assets improvedROA up on the prior year0.9% → 1.5%
- Earnings backed by cashOperating cash flow above net income$155.74M vs $23.26M
- Less leverageLong-term debt to assets fell41.2% → 34.1%
- Better liquidityCurrent ratio rose0.33 → 0.26
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.20 → 0.23
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