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)
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
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
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
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 |
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