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KNOT Offshore Partners LP

Data quality: 83%
KNOP
NYSE Utilities Water Transportation
$9.91
▼ $0.16 (-1.54%)
Mkt Cap: 346.06 M
Price
$9.91
Mkt Cap
346.06 M
Day Range
$9.86 — $10.06
52-Week Range
$6.06 — $11.15
Volume
60,664
Open $10.04
50D / 200D Avg
$10.35
4.28% below
50D / 200D Avg
$9.13
8.46% above

Quick Summary

Key Takeaways

Revenue grew 3.35% annually over 5 years — modest growth
Generating 144.55 M in free cash flow
P/E of 10.22 — trading at a low valuation
Revenue growth is accelerating — 1Y growth exceeds 5Y average by 6.24%
Cash machine — converts 426.80% of earnings into free cash flow
Interest coverage of 1.54× — tight debt servicing

Growth

Revenue Growth (5Y)
3.35%
Below sector avg (4.42%)
Revenue (1Y)9.59%
Earnings (1Y)N/A
FCF Growth (3Y)16.56%

Quality

Return on Equity
N/A
ROIC6.74%
Net Margin10.00%
Op. Margin28.79%

Safety

Debt / Equity
N/A
Current Ratio0.43
Interest Coverage1.54

Valuation

PE (TTM)
10.22
Below sector avg (18.89)
P/B RatioN/A
EV/EBITDA12.25
Dividend YieldN/A

Price History

Financial Trends

Peer Comparison

vs Utilities sector median (266 peers)
Metric Stock Sector Median
P/E 10.2 18.9
P/B 1.9
ROE % 9.1
Net Margin % 10.0 11.7
Rev Growth 5Y % 3.4 4.4
D/E 1.1

All Fundamental Metrics

Growth
Revenue Growth (1Y) 9.59% Revenue Growth (3Y) 8.91%
Earnings Growth (1Y) N/A Earnings Growth (3Y) -51.04%
Revenue Growth (5Y) 3.35% Earnings Growth (5Y) -31.86%
Profitability
Revenue (TTM) 338.64 M Net Income (TTM) 33.87 M
ROE N/A ROA 2.16%
Gross Margin N/A Operating Margin 28.79%
Net Margin 10.00% Free Cash Flow (TTM) 144.55 M
ROIC 6.74% FCF Growth (3Y) 16.56%
Safety
Debt / Equity N/A Current Ratio 0.43
Interest Coverage 1.54 Asset Turnover 0.22
Working Capital -124.48 M Tangible Book Value N/A
Dividends
Dividend Yield N/A Payout Ratio N/A
Dividend Growth (3Y) N/A Dividend Growth (5Y) N/A
Consecutive Div Years N/A
Valuation
P/E Ratio 10.22 Forward P/E N/A
P/B Ratio N/A P/S Ratio 1.02
PEG Ratio N/A Forward PEG N/A
EV/EBITDA 12.25 Fwd EV/EBITDA N/A
Forward P/S N/A Fwd Earnings Yield N/A
FCF Yield 41.77%
Market Cap 346.06 M Enterprise Value 1.19 B
Per Share
EPS (Diluted TTM) N/A Revenue / Share 9.69
FCF / Share 4.14 OCF / Share 4.14
EPS CAGR (1Y) N/A EPS CAGR (5Y) N/A
EPS CAGR (10Y) N/A
Efficiency
CapEx / Revenue N/A FCF Conversion 426.80%
SBC-Adj. FCF N/A Growth Momentum 6.24

Income Statement

Annual, most recent first
Metric FY2024 FY2023 FY2022 FY2021 FY2020
Revenue 318.60 M 290.72 M 268.59 M 281.13 M 279.22 M
Net Income 14.07 M -34.33 M 58.67 M 53.88 M 65.23 M
EPS (Diluted)
Gross Profit
Operating Income 72.92 M 25.14 M 66.22 M 73.57 M 123.08 M
EBITDA
R&D Expenses
SG&A Expenses
D&A
Interest Expense 67.35 M 72.07 M 42.60 M 28.07 M 31.65 M
Income Tax 631,000.0 -4.60 M 875,000.0 488,000.0 10,000.0

Balance Sheet

Annual, most recent first
Metric FY2024 FY2023 FY2022 FY2021 FY2020
Total Assets 1.57 B 1.60 B 1.73 B 1.68 B 1.78 B
Total Liabilities 961.03 M 989.01 M 1.08 B 1.00 B 1.08 B
Shareholders' Equity
Total Debt 648.08 M 857.83 M 686.60 M 878.55 M 846.16 M
Cash & Equivalents 66.93 M 63.92 M 47.58 M 62.29 M 52.58 M
Current Assets 95.37 M 89.78 M 85.93 M 73.89 M 66.47 M
Current Liabilities 287.12 M 127.58 M 389.99 M 115.96 M 213.93 M