KNOT Offshore Partners (KNOP) Operating Margin (2012 - 2026)
KNOT Offshore Partners (KNOP) posted quarterly Operating Margin of 16.47% for Q1 2026, down 1177.0% year-over-year from 1.53% in Q1 2025, and up 88.9% on a QoQ basis from 8.72% in Q4 2025.
KNOT Offshore Partners (KNOP) Operating Margin (2012 - 2026) Analysis & Trends
KNOT Offshore Partners (KNOP) has reported Operating Margin for 15 consecutive years, with 16.47% the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Margin fell 1177.0% year-over-year to 16.47%; the TTM figure through Mar 2026 stood at 20.66% (down 348.0% YoY), while the FY2025 annual figure was 23.23%, up 34.0% from the prior year.
- Operating Margin came in at 16.47% for Q1 2026 at KNOT Offshore Partners, up from 8.72% in the prior quarter.
- The five-year high for Operating Margin was 41.06% in Q4 2024, with the low at 42.28% in Q2 2023.
- Average Operating Margin over 5 years is 20.21%, with a median of 25.82% recorded in 2025.
- Across the five-year window, Operating Margin plunged 6331 bps in 2023 and jumped 4407 bps in 2024, its largest moves.
- Year by year, Operating Margin stood at 29.64% in 2022, then dropped by 15 bps to 25.13% in 2023, then jumped by 63 bps to 41.06% in 2024, then slumped by 79 bps to 8.72% in 2025, then jumped by 89 bps to 16.47% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 16.47%, 8.72%, and 31.83% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Imperial Petroleum | 209.86 Bn | 209.78 Bn | 50.64 Mn | 42.94% |
| 2 | Kinder Morgan | 112.10 Bn | 113.18 Bn | 3.08 Bn | 29.91% |
| 3 | Enterprise Products Partners | 79.05 Bn | 77.90 Bn | - | 13.17% |
| 4 | Energy Transfer | 65.51 Bn | 64.79 Bn | 6.62 Bn | 10.74% |
| 5 | Mplx | 56.73 Bn | 55.22 Bn | 2.54 Bn | 39.96% |
| 6 | Targa Resources | 55.40 Bn | 55.43 Bn | 1.70 Bn | 20.68% |
| 7 | Oneok | 54.08 Bn | 53.95 Bn | 2.57 Bn | 14.85% |
| 8 | Cheniere Energy | 51.35 Bn | 53.55 Bn | 5.86 Bn | -59.44% |
| 9 | Cheniere Energy Partners | 29.53 Bn | 29.25 Bn | 838.00 Mn | 10.03% |
| 10 | KNOT Offshore Partners | - | - | 56.27 Mn | 16.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.47% |
| Dec 31, 2025 | 8.72% |
| Sep 30, 2025 | 31.83% |
| Jun 30, 2025 | 25.82% |
| Mar 31, 2025 | 28.24% |
| Dec 31, 2024 | 41.06% |
| Sep 30, 2024 | 22.75% |
| Jun 30, 2024 | 1.78% |
| Mar 31, 2024 | 26.87% |
| Dec 31, 2023 | 25.13% |
| Sep 30, 2023 | 28.52% |
| Jun 30, 2023 | -42.28% |
| Mar 31, 2023 | 28.06% |
| Dec 31, 2022 | 29.64% |
| Sep 30, 2022 | 23.16% |
| Jun 30, 2022 | 21.03% |
| Mar 31, 2022 | 26.85% |
| Dec 31, 2021 | 36.08% |
| Sep 30, 2021 | 31.74% |
| Jun 30, 2021 | -1.81% |