# KNOT Offshore Partners LP share price today (KNOT Offshore Partners LP, KNOP)

> KNOT Offshore Partners LP's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. KNOP · Energy · Oil & Gas Midstream · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/knop

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## Key numbers

- Price: $8.87 (−1.7% in a year)
- P/E: 42.5×, over 1 year
- Revenue (Jun 2026): $92.6 M (+7.2% on a year ago)
- Profit (Jun 2026): $1.7 M (−66.5% on a year ago)
- Operating margin: 12.3% (−12.7 points on a year ago)
- ROE: 3%, FY25
- ROIC: 5.4%, against a 5.4% cost of capital: +0.0 points
- Profit that came in as cash: 521%, last 3 years

The main question: yearly earnings per share moved +127.9% while the share price moved −1.7%. ## What is the KNOT Offshore Partners LP share price today? KNOT Offshore Partners LP's share price was $8.87 at the close on 3 November 2026. That is 15.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $9 and $11, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 5 weeks running. Over the last 1 year the share price moved +27% while the S&P 500 moved +21%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 2 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does KNOT Offshore Partners LP pay? KNOT Offshore Partners LP paid $0.18 per share over the last four reported quarters. The most recent declaration was $0.07 for Jun 2026. At today's price of $8.87 that is a yield of 2.03%, based on dividends already paid, not a forecast. ## Which stock lists is KNOT Offshore Partners LP on? KNOT Offshore Partners LP is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is KNOT Offshore Partners LP profitable? KNOT Offshore Partners LP earned $1.7 M of net profit in the Jun 2026 quarter, −66.5% on the same quarter a year earlier. Full-year FY25 profit was $16.5 M. Over 4 years profit has grown −23.1% a year on average. That is 1.8% of the quarter's revenue. The same quarter a year earlier earned $5.1 M. 4 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $16.5 M (+126.6% on the year before). Why profit moved: revenue changed +7.2% on a year earlier and the margin moved −12.7 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −110.0% and revenue +13.5%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does KNOT Offshore Partners LP make, and is it growing? KNOT Offshore Partners LP reported $92.6 M of revenue in the Jun 2026 quarter, +7.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 7.8% a year on average. The last full year, FY25, came in at $364 M. The last four reported quarters add to $376 M. FY25 revenue was $364 M, +16.4% on the year before. Recent pace: the last four quarters grew +13.5% on average, against 7.8% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +13.1%, against +12.6% a year over the last 8 quarters (stabilising). ## How much of every $100 of sales does KNOT Offshore Partners LP keep? KNOT Offshore Partners LP's operating margin was 12.3% in the Jun 2026 quarter, 12.7 percentage points lower than the same quarter a year ago. Across 5 years it has been between 24.4% and 33.9%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −12.7 percentage points on the year while gross margin changed −1.1 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is KNOT Offshore Partners LP's profit turning into cash? Over the last 3 years, 521% of KNOT Offshore Partners LP's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $156 M of operating cash against $16.5 M of profit. After $281 K of spending on assets, $155 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does KNOT Offshore Partners LP's cash go? KNOT Offshore Partners LP does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $4.0 M on assets over the last 3 years. Averaged over those years that is 0.4% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $4.0 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is KNOT Offshore Partners LP's P/E ratio, and how does it compare with its own history? KNOT Offshore Partners LP's P/E is 42.5×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +127.9% while the price moved −1.7%. Earnings did better than the price, which pulled the multiple down within its own range. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the KNOT Offshore Partners LP business getting better or worse? KNOT Offshore Partners LP's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does KNOT Offshore Partners LP earn on its capital? KNOT Offshore Partners LP earned a ROE of 3% in FY25. That is up from a low of −7% in FY23. Its return on capital used (ROIC) is 0.0 percentage points above its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 4.5% net margin and 0.22× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 4.5% net margin × 0.22× asset turnover × 2.71× leverage (assets divided by equity) ≈ 2.7% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 5.4% − 5.4% = +0.0 percentage points. The 5.4% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 5.4% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 6.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does KNOT Offshore Partners LP have too much debt? KNOT Offshore Partners LP has total debt of $903 M against shareholder equity of $621 M as of Jun 2026, so its debt is 1.45× its equity. Year by year, that ratio went from 1.46 in FY21 to 1.54 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the KNOT Offshore Partners LP shareholding pattern? We have no ownership or short-position figures for KNOT Offshore Partners LP, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 2.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is KNOT Offshore Partners LP from balance-sheet trouble? For KNOT Offshore Partners LP, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does KNOT Offshore Partners LP rank in its industry? There is no score against its industry: KNOT Offshore Partners LP is not among the largest members shown in this industry comparison for Oil & Gas Midstream. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is KNOT Offshore Partners LP compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to KNOT Offshore Partners LP in size? KNOT Offshore Partners LP is the 46th largest of 47 Oil & Gas Midstream companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Permian Basin Royalty Trust, Navigator Holdings, Teekay Corporation, Sabine Royalty Trust and Summit Midstream Corporation. Just below it: Imperial Petroleum Inc. ### Oil & Gas Midstream companies close in size

1. [Permian Basin Royalty Trust](https://www.sectoralpha.in/us/stocks/pbt) $1.3 billion
2. [Navigator Holdings Ltd.](https://www.sectoralpha.in/us/stocks/nvgs) $1.2 billion
3. [Teekay Corporation Ltd.](https://www.sectoralpha.in/us/stocks/tk) $1.2 billion
4. [Sabine Royalty Trust](https://www.sectoralpha.in/us/stocks/sbr) $1 billion
5. [Summit Midstream Corporation](https://www.sectoralpha.in/us/stocks/smc) $412 million
6. KNOT Offshore Partners LP $306 million
7. [Imperial Petroleum Inc.](https://www.sectoralpha.in/us/stocks/impp) $218 million

[All 47 Oil & Gas Midstream companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-midstream#all-companies)

### Companies close in size in other industries

1. [Agencia Comercial Spirits Ltd](https://www.sectoralpha.in/us/stocks/agcc) $338 million · Beverages - Wineries & Distilleries
2. [FTAI Infrastructure Inc.](https://www.sectoralpha.in/us/stocks/fip) $338 million · Conglomerates
3. KNOT Offshore Partners LP $337 million
4. [Forafric Global PLC](https://www.sectoralpha.in/us/stocks/afri) $337 million · Farm Products
5. [ARS Pharmaceuticals, Inc.](https://www.sectoralpha.in/us/stocks/spry) $336 million · Biotechnology

## What else do people ask about KNOT Offshore Partners LP? ### What were KNOT Offshore Partners LP's latest quarterly results? KNOT Offshore Partners LP reported revenue of $92.6 M and net profit of $1.7 M for the Jun 2026 quarter. Revenue rose 7.2% and profit fell 66.5% compared with a year earlier. Earnings per share were $0.04. The operating margin was 12.3%, 12.7 percentage points lower than a year earlier (as of 3 November 2026). ### What is KNOT Offshore Partners LP's market cap? KNOT Offshore Partners LP's market capitalisation is $306 M at a stock price of $8.87. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is KNOT Offshore Partners LP performing? KNOT Offshore Partners LP's latest readings are below. In its latest quarter, revenue rose 7.2% and profit fell 66.5% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 5 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will KNOT Offshore Partners LP's stock price go up? This page does not forecast KNOT Offshore Partners LP's stock price. What it shows instead: the stock price is $8.87. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is KNOT Offshore Partners LP in its business cycle? KNOT Offshore Partners LP's FY25 operating margin was 28.3%, against a 5-year range of 24.4% to 33.9%: the middle of its own range, neither a peak nor a low. The latest quarter was 12.3%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the KNOT Offshore Partners LP story? The main question: yearly earnings per share moved +127.9% while the share price moved −1.7%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is KNOT Offshore Partners LP a stock worth studying right now? What the numbers show: KNOT Offshore Partners LP's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.