KNOP Stock Financial Analysis - KNOT Offshore Partners LP

Overview

KNOT Offshore Partners LP, based in Aberdeen, United Kingdom, operates within the energy sector, specifically focusing on the maritime transportation of crude oil. Established under the parent company Knutsen NYK Offshore Tankers AS, KNOT Offshore Partners engages primarily in the operation and acquisition of shuttle tankers under long-term charters, which are vessels designed to transport oil from offshore fields to onshore refineries. The company's fleet, which consists of advanced tankers equipped for reliable and efficient offloading procedures, plays a crucial role in the logistical chain of global oil distribution. Key projects typically involve collaboration with high-profile energy companies, securing the shuttle tanker services for extended periods, which guarantees stable revenue streams and robust market positioning.

Quality, Value, Momentum Scores

This card shows the Quality, Value, and Momentum scores for the company

Quality

The QualityScore is a proprietary scoring model that identifies high quality companies, based on cash generating efficiencies.

Value

Proprietary scoring model that ranks companies based on their relative valuation. Scores range from 0 to 100, with 100 being the most undervalued.

Momentum

Proprietary scoring model that ranks companies on their six-month momentum.

Fund Sentiment

The Fund Sentiment (fka Ownership) score is a proprietary quantitative model that ranks companies based on levels of ownership accumulation.

QVM

The QVM Score is a proprietary scoring model that combines Quality, Value, and Momentum into a single metric that ranks companies from 0 to 100.

Income Statement: Revenue, Operating Income, Net Income

The revenue for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 320.03 MM.
The operating income for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 85.01 MM.
The net income for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 14.21 MM.

Period End (TTM)	Revenue (MM)	Operating Income (MM)	Net Income (MM)
2025-03-31	320.03	85.01	14.21
2024-12-31	312.63	82.63	14.06
2024-09-30	299.79	71.45	-14.47
2024-06-30	296.18	75.53	1.95
2024-03-31	294.24	74.90	-25.59
2023-12-31	287.88	71.94	-34.33
2023-09-30	286.21	73.18	-23.02
2023-06-30	281.34	68.28	-19.69
2023-03-31	272.90	64.72	30.59
2022-12-31	267.83	65.46	58.67
2022-09-30	267.95	71.50	75.77
2022-06-30	266.69	76.94	73.33
2022-03-31	269.28	87.31	52.52
2021-12-31	269.68	91.55	53.88
2021-09-30	268.56	97.19	55.35
2021-06-30	273.28	106.95	66.90
2021-03-31	277.00	116.49	99.50
2020-12-31	279.22	123.08	65.22
2020-09-30	279.44	123.68	64.38
2020-06-30
2020-03-31

Income Statement: EPS

Period End (TTM)	Earnings Per Share Basic	Earnings Per Share Diluted
2025-03-31
2024-12-31	0.40	0.40
2024-09-30	-0.61	-0.61
2024-06-30	-0.14	-0.14
2024-03-31	-0.93	-0.93
2023-12-31	-1.18	-1.05
2023-09-30	-0.85	-0.85
2023-06-30	-0.76	-0.76
2023-03-31	0.68	0.61
2022-12-31	1.48	1.33
2022-09-30	2.12	2.06
2022-06-30	2.02	1.90
2022-03-31	1.33	1.19
2021-12-31	1.39	1.24
2021-09-30	1.44	1.32
2021-06-30	1.79	1.79
2021-03-31	2.77	2.77
2020-12-31	1.74	1.74
2020-09-30	1.55	1.55
2020-06-30	1.39	1.31
2020-03-31	0.98	0.95

Cash Flow: Operations, Investing, Financing

The cash from operating activities for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 146.37 MM.
The cash from investing activities for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 0.56 MM.
The cash from financing activities for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is -129.70 MM.

Period End (TTM)	Cash From Operating Activities (MM)	Cash From Investing Activities (MM)	Cash From Financing Activities (MM)
2025-03-31	146.37	0.56	-129.70
2024-12-31	137.15	-0.34	-133.32
2024-09-30	130.22	0.48	-116.75
2024-06-30	120.15	-0.11	-126.47
2024-03-31	128.79	-1.42	-129.40
2023-12-31	131.64	-2.78	-112.51
2023-09-30	118.34	-3.33	-111.39
2023-06-30	118.89	-37.23	-107.02
2023-03-31	112.31	-36.77	-64.21
2022-12-31	100.94	-35.51	-79.97
2022-09-30	125.71	-39.64	-102.92
2022-06-30	140.71	-5.82	-97.79
2022-03-31	136.85	-4.98	-150.63
2021-12-31	166.41	-11.54	-145.15
2021-09-30	162.06	-27.98	-118.04
2021-06-30	168.27	-27.96	-130.66
2021-03-31	177.93	-28.15	-134.71
2020-12-31	169.24	-21.43	-139.26
2020-09-30	170.78	-0.34	-165.19
2020-06-30
2020-03-31

Valuation Metrics : PE, PriceToBook, PriceToTBV

The p/e for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 16.12.
The p/book for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 0.37.
The p/tbv for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 0.37.

P/Book: The current closing price divided by the book value per share.

P/TBV: The current price divided by the tangible book value per share.

Period End (TTM)	p/e	P/Book	P/TBV
2025-03-31	16.12	0.37	0.37
2024-12-31		0.31	0.31
2024-09-30	118.79	0.39	0.39
2024-06-30
2024-03-31
2023-12-31
2023-09-30	-12.12	0.39	0.39
2023-06-30	2.97	0.27	0.27
2023-03-31	3.19	0.29
2022-12-31		0.51	0.51
2022-09-30		0.73	0.73
2022-06-30		0.85	0.85
2022-03-31	10.96	0.88	0.88
2021-12-31	8.40	0.70	0.70
2021-09-30	9.42	0.93	0.93
2021-06-30
2021-03-31	5.78	0.81	0.82
2020-12-31	8.81	0.82	0.83
2020-09-30	8.93	0.83	0.83
2020-06-30	10.75	0.84	0.84
2020-03-31	14.39	0.84	0.84

Valuation Metrics : EBitToEv, EBit3YrAvgToEv

The ebit/ev for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 0.01.
The ebit (3y)/ev for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 0.00.

Period End (TTM)	EBIT/EV	EBIT (3y)/EV
2025-03-31	0.01	0.00
2024-12-31	-0.01	0.00
2024-09-30	-0.00	0.01
2024-06-30
2024-03-31
2023-12-31
2023-09-30	-0.02	0.03
2023-06-30	0.05	0.05
2023-03-31	0.05	0.06
2022-12-31	0.05	0.05
2022-09-30	0.05	0.04
2022-06-30	0.03	0.04
2022-03-31	0.03	0.04
2021-12-31	0.04	0.04
2021-09-30	0.04	0.03
2021-06-30
2021-03-31	0.06	0.04
2020-12-31	0.04	0.04
2020-09-30	0.04	0.04
2020-06-30	0.04	0.04
2020-03-31	0.02	0.04

Management Effectiveness

The roa for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 0.01.
The roe for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 0.02.
The roic for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 0.01.
The croic for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 0.00.
The ocroic for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 0.09.

Period End (TTM)	ROA	ROE	ROIC	CROIC	OCROIC
2025-03-31	0.01	0.02	0.01	0.00	0.09
2024-12-31	-0.01	-0.02	-0.01	0.01	0.08
2024-09-30	0.00	0.00	0.00	-0.00	0.08
2024-06-30	-0.01	-0.04	-0.02	-0.00	0.08
2024-03-31	-0.02	-0.05	-0.02	0.01	0.08
2023-12-31	-0.01	-0.03	-0.01	0.00	0.07
2023-09-30	-0.01	-0.03	-0.01	-0.02	0.07
2023-06-30	0.03	0.09	-0.01	-0.02	0.07
2023-03-31	0.04	0.09	0.02	0.01	0.07
2022-12-31	0.04	0.11	0.04	-0.01	0.07
2022-09-30	0.04	0.11	0.05	-0.01	0.08
2022-06-30	0.03	0.08	0.05	0.02	0.09
2022-03-31	0.03	0.08	0.03	-0.01	0.08
2021-12-31	0.03	0.08	0.03	0.01	0.10
2021-09-30	0.04	0.10	0.03	0.01	0.10
2021-06-30	0.04	0.10	0.05	0.01	0.13
2021-03-31	0.06	0.15	0.06	0.01	0.10
2020-12-31	0.04	0.09	0.04	0.01	0.10
2020-09-30	0.04	0.09	0.04	0.00	0.10
2020-06-30	0.03	0.07	0.03	-0.00	0.10
2020-03-31	0.02	0.06	0.02	0.00	0.10

Gross Margins

The gross margin for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 0.64.
The net margin for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 0.04.
The operating margin for KNOT Offshore Partners LP - Limited Partnership as of March 31, 2025 is 0.26.

Gross Margin: The Gross Margin is the ratio of revenue left after substracting the Cost of Goods Sold. It is calculated as 1.0 - (Revenue - COGS ) / Revenue.

Net Margin: The Net Margin (aka Profit Margin) is the ratio of revenue left after substracting the Net Income. It is calculated as Net Income / Revenue.

Operating Margin: The Operaing Margin is the ratio of revenue left after substracting the Operating Income. It is calculated as Operating Income / Revenue.

Period End (TTM)	Gross Margin	Net Margin	Operating Margin
2025-03-31	0.64	0.04	0.26
2024-12-31	0.63	-0.05	0.24
2024-09-30	0.65	0.01	0.25
2024-06-30	0.65	-0.09	0.25
2024-03-31	0.66	-0.12	0.25
2023-12-31	0.67	-0.08	0.26
2023-09-30	0.66	-0.07	0.24
2023-06-30	0.67	-0.07	0.24
2023-03-31	0.67	0.11	0.24
2022-12-31	0.68	0.28	0.27
2022-09-30	0.70	0.28	0.27
2022-06-30	0.73	0.27	0.29
2022-03-31	0.73	0.20	0.32
2021-12-31	0.74	0.20	0.34
2021-09-30	0.75	0.21	0.36
2021-06-30	0.75	0.24	0.39
2021-03-31	0.77	0.36	0.42
2020-12-31	0.78	0.23	0.44
2020-09-30	0.78	0.23	0.44
2020-06-30	0.79	0.19	0.45
2020-03-31	0.78	0.14	0.44

KNOP Stock Financial Analysis - KNOT Offshore Partners LP - Limited Partnership (NYSE) Stock