KNOT Offshore Partners (KNOP) FCF Margin (2012 - 2026)
KNOT Offshore Partners' (KNOP) quarterly FCF Margin came in at 37.47% in Q1 2026, down 594.0% year-on-year from 7.58% in Q1 2025, and down 17.38% quarter-over-quarter from 45.35% in Q4 2025.
KNOT Offshore Partners (KNOP) FCF Margin (2012 - 2026) Analysis & Trends
KNOT Offshore Partners' FCF Margin history runs 15 years deep, the most recent figure standing at 37.47% for Q1 2026.
- On a quarterly basis, FCF Margin fell 594.0% year-over-year to 37.47% in Q1 2026; TTM through Mar 2026 was 41.68%, a 442.0% decrease from a year earlier, with the FY2025 full-year figure at 42.66%, down 9.0% from the prior year.
- FCF Margin slipped to 37.47% in Q1 2026 per KNOP's latest filing, from 45.35% in the prior quarter.
- Across five years, FCF Margin topped out at 57.45% in Q2 2023 and bottomed at 28.05% in Q1 2022.
- The 5-year median for FCF Margin is 45.35% (2025), against an average of 42.82%.
- Across the five-year window, FCF Margin sank 4489 bps in 2022 and surged 1906 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 31.77% in 2022, then jumped by 50 bps to 47.61% in 2023, then rose by 3 bps to 48.82% in 2024, then fell by 7 bps to 45.35% in 2025, then decreased by 17 bps to 37.47% in 2026.
- Per Business Quant, the three latest KNOP FCF Margin figures stand at 37.47% (Q1 2026), 45.35% (Q4 2025), and 45.93% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 53.09% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 15.79% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 21.84% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | -0.43% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 3.38% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 97.53% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 5.26% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | -3.91% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 0.73% |
| 10 | KNOT Offshore Partners | 355.09 Mn | 262.43 Mn | 56.27 Mn | 37.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.47% |
| Dec 31, 2025 | 45.35% |
| Sep 30, 2025 | 45.93% |
| Jun 30, 2025 | 37.20% |
| Mar 31, 2025 | 43.40% |
| Dec 31, 2024 | 48.82% |
| Sep 30, 2024 | 46.71% |
| Jun 30, 2024 | 45.39% |
| Mar 31, 2024 | 36.53% |
| Dec 31, 2023 | 47.61% |
| Sep 30, 2023 | 35.03% |
| Jun 30, 2023 | 57.45% |
| Mar 31, 2023 | 47.12% |
| Dec 31, 2022 | 31.77% |
| Sep 30, 2022 | 38.15% |
| Jun 30, 2022 | 56.01% |
| Mar 31, 2022 | 28.05% |
| Dec 31, 2021 | 63.44% |
| Sep 30, 2021 | 61.33% |
| Jun 30, 2021 | 48.06% |