KNOP
KNOT Offshore Partners LP
NYSE: KNOP · ENERGY · OIL & GAS MIDSTREAM
$11.04
-1.08% today
Updated 2026-05-07
Market cap
$397.36M
P/E ratio
23.96
P/S ratio
1.09x
EPS (TTM)
$0.48
Dividend yield
1.74%
52W range
$6 – $12
Volume
0.1M
KNOT Offshore Partners LP (KNOP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $43.91M | $65.65M | $73.40M | $112.84M | $155.02M | $173.67M | $219.20M | $279.46M | $282.56M | $279.22M | $281.13M | $268.58M | $290.72M | $312.63M | $364.44M |
| Revenue growth (YoY) | — | +49.5% | +11.8% | +53.7% | +37.4% | +12.0% | +26.2% | +27.5% | +1.1% | -1.2% | +0.7% | -4.5% | +8.2% | +7.5% | +16.6% |
| Cost of revenue | $29.68M | $34.18M | $38.06M | $58.20M | $76.39M | $87.13M | $118.29M | $145.49M | $149.97M | $150.75M | $171.67M | $196.26M | $209.79M | $112.12M | $253.48M |
| Gross profit | $14.23M | $31.47M | $35.34M | $54.64M | $78.64M | $86.54M | $100.91M | $133.97M | $132.59M | $128.47M | $109.46M | $72.32M | $80.93M | $200.51M | $110.96M |
| Gross margin | 32.4% | 47.9% | 48.2% | 48.4% | 50.7% | 49.8% | 46.0% | 47.9% | 46.9% | 46.0% | 38.9% | 26.9% | 27.8% | 64.1% | 30.4% |
| R&D | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| SG&A | $927000.00 | $1.40M | $5.36M | $4.32M | $4.29M | $4.37M | $5.55M | $5.29M | $4.86M | $5.39M | $6.46M | $6.10M | $6.14M | $6.07M | $7.40M |
| Operating income | $13.30M | $26.64M | $29.98M | $50.32M | $68.13M | $82.17M | $95.36M | $128.68M | $127.73M | $123.08M | $73.57M | $66.22M | $25.14M | $72.92M | $103.57M |
| Operating margin | 30.3% | 40.6% | 40.8% | 44.6% | 43.9% | 47.3% | 43.5% | 46.0% | 45.2% | 44.1% | 26.2% | 24.7% | 8.6% | 23.3% | 28.4% |
| EBITDA | $8.30M | $35.14M | $50.91M | $75.48M | $104.01M | $139.50M | $172.18M | $222.74M | $201.00M | $187.63M | $183.00M | $210.19M | $144.64M | $190.68M | $223.27M |
| EBITDA margin | 18.9% | 53.5% | 69.4% | 66.9% | 67.1% | 80.3% | 78.5% | 79.7% | 71.1% | 67.2% | 65.1% | 78.3% | 49.8% | 61.0% | 61.3% |
| EBIT | $-8.59M | $15.48M | $28.66M | $42.68M | $56.69M | $83.27M | $100.17M | $133.38M | $110.55M | $97.58M | $83.44M | $102.77M | $34.39M | $79.83M | $103.57M |
| Interest expense | $9.65M | $13.47M | $10.77M | $16.54M | $17.95M | $22.18M | $32.12M | $51.22M | $51.58M | $32.35M | $29.08M | $43.23M | $72.66M | $65.13M | $62.78M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-16.34M | $745000.00 | $15.06M | $27.39M | $40.44M | $61.10M | $68.06M | $82.17M | $58.96M | $65.22M | $53.88M | $58.67M | $-34.33M | $14.06M | $23.26M |
| Net income growth (YoY) | — | +104.6% | +1922.0% | +81.8% | +47.6% | +51.1% | +11.4% | +20.7% | -28.2% | +10.6% | -17.4% | +8.9% | -158.5% | +141.0% | +65.4% |
| Profit margin | -37.2% | 1.1% | 20.5% | 24.3% | 26.1% | 35.2% | 31.1% | 29.4% | 20.9% | 23.4% | 19.2% | 21.8% | -11.8% | 4.5% | 6.4% |