KNOT Offshore Partners (KNOP) Net Margin (2012 - 2026)
KNOT Offshore Partners' (KNOP) quarterly Net Margin came in at 2.85% in Q1 2026, down 691.0% year-on-year from 0.48% in Q1 2025, and up 145.19% quarter-over-quarter from 6.3% in Q4 2025.
KNOT Offshore Partners (KNOP) Net Margin (2012 - 2026) Analysis & Trends
KNOT Offshore Partners' Net Margin history runs 15 years deep, the most recent figure standing at 2.85% for Q1 2026.
- On a quarterly basis, Net Margin fell 691.0% year-over-year to 2.85% in Q1 2026; TTM through Mar 2026 was 4.37%, a 858.0% decrease from a year earlier, with the FY2025 full-year figure at 4.43%, up 220.0% from the prior year.
- Net Margin climbed to 2.85% in Q1 2026 per KNOP's latest filing, from 6.3% in the prior quarter.
- Across five years, Net Margin topped out at 55.96% in Q2 2023 and bottomed at 6.3% in Q4 2025.
- The 5-year median for Net Margin is 9.65% (2024), against an average of 12.45%.
- Biggest YoY gain for Net Margin was 4339 bps in 2023; the steepest drop was 4461 bps in 2023.
- Year by year, Net Margin stood at 9.11% in 2022, then slumped by 158 bps to 5.26% in 2023, then soared by 610 bps to 26.79% in 2024, then slumped by 124 bps to 6.3% in 2025, then surged by 145 bps to 2.85% in 2026.
- Per Business Quant, the three latest KNOP Net Margin figures stand at 2.85% (Q1 2026), 6.3% (Q4 2025), and 15.11% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 88.32% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 21.07% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 19.97% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 7.47% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 10.40% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 0.05% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 4.30% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 11.71% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 8.07% |
| 10 | KNOT Offshore Partners | 355.09 Mn | 262.43 Mn | 56.27 Mn | 2.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.85% |
| Dec 31, 2025 | -6.30% |
| Sep 30, 2025 | 15.11% |
| Jun 30, 2025 | 5.84% |
| Mar 31, 2025 | 9.76% |
| Dec 31, 2024 | 26.79% |
| Sep 30, 2024 | -5.10% |
| Jun 30, 2024 | 19.19% |
| Mar 31, 2024 | 9.65% |
| Dec 31, 2023 | -5.26% |
| Sep 30, 2023 | 1.48% |
| Jun 30, 2023 | 55.96% |
| Mar 31, 2023 | -3.86% |
| Dec 31, 2022 | 9.11% |
| Sep 30, 2022 | 23.17% |
| Jun 30, 2022 | 12.57% |
| Mar 31, 2022 | 40.75% |
| Dec 31, 2021 | 29.17% |
| Sep 30, 2021 | 17.44% |
| Jun 30, 2021 | 18.72% |