KNOT Offshore Partners (KNOP) EBITDA Margin (2012 - 2026)
KNOT Offshore Partners' (KNOP) quarterly EBITDA Margin came in at 63.38% in Q1 2026, up 48.0% year-on-year from 42.82% in Q1 2025, and up 2.63% quarter-over-quarter from 61.76% in Q4 2025.
KNOT Offshore Partners (KNOP) EBITDA Margin (2012 - 2026) Analysis & Trends
KNOT Offshore Partners' EBITDA Margin history runs 15 years deep, the most recent figure standing at 63.38% for Q1 2026.
- On a quarterly basis, EBITDA Margin rose 48.0% year-over-year to 63.38% in Q1 2026; TTM through Mar 2026 was 62.32%, a 252.0% decrease from a year earlier, with the FY2025 full-year figure at 61.63%, down 149.0% from the prior year.
- EBITDA Margin rose to 63.38% in Q1 2026 per KNOP's latest filing, from 61.76% in the prior quarter.
- Across five years, EBITDA Margin topped out at 74.72% in Q4 2024 and bottomed at 59.61% in Q3 2024.
- The 5-year median for EBITDA Margin is 63.43% (2023), against an average of 64.78%.
- Across the five-year window, EBITDA Margin plunged 1649 bps in 2022 and jumped 1129 bps in 2024, its largest moves.
- Year by year, EBITDA Margin stood at 71.69% in 2022, then slipped by 12 bps to 63.43% in 2023, then gained by 18 bps to 74.72% in 2024, then dropped by 17 bps to 61.76% in 2025, then grew by 3 bps to 63.38% in 2026.
- Per Business Quant, the three latest KNOP EBITDA Margin figures stand at 63.38% (Q1 2026), 61.76% (Q4 2025), and 63.95% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 71.56% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 79.97% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 30.06% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 14.43% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 13.17% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.10% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 10.74% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 20.68% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 14.85% |
| 10 | KNOT Offshore Partners | 355.09 Mn | 262.43 Mn | 56.27 Mn | 63.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 63.38% |
| Dec 31, 2025 | 61.76% |
| Sep 30, 2025 | 63.95% |
| Jun 30, 2025 | 60.00% |
| Mar 31, 2025 | 62.90% |
| Dec 31, 2024 | 74.72% |
| Sep 30, 2024 | 59.61% |
| Jun 30, 2024 | 61.08% |
| Mar 31, 2024 | 64.68% |
| Dec 31, 2023 | 63.43% |
| Sep 30, 2023 | 66.58% |
| Jun 30, 2023 | 63.04% |
| Mar 31, 2023 | 72.13% |
| Dec 31, 2022 | 71.69% |
| Sep 30, 2022 | 63.96% |
| Jun 30, 2022 | 61.77% |
| Mar 31, 2022 | 66.63% |
| Dec 31, 2021 | 72.09% |
| Sep 30, 2021 | 70.90% |
| Jun 30, 2021 | 78.26% |