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
DateValue
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%