KNOT Offshore Partners (KNOP) Tax Rate (2012 - 2026)
KNOT Offshore Partners (KNOP) recorded quarterly Tax Rate of 9.54% in Q1 2026, up 32.31% quarter-over-quarter from 7.21% in Q4 2025, and up 244.0% on a YoY basis from 2.77% in Q1 2025.
KNOT Offshore Partners (KNOP) Tax Rate (2012 - 2026) Analysis & Trends
KNOT Offshore Partners' Tax Rate history runs 15 years deep, the most recent figure standing at 9.54% for Q1 2026.
- In Q1 2026, Tax Rate rose 244.0% year-over-year to 9.54%; the TTM figure through Mar 2026 stood at 0.3% (down 87.0% YoY), while the FY2025 annual figure was 4.76%, up 47.0% from the prior year.
- Tax Rate was 9.54% for Q1 2026 at KNOT Offshore Partners, up from 7.21% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 76.18% in Q3 2023 to a low of 5.0% in Q4 2022.
- Historically, Tax Rate has averaged 8.64% across 5 years, with a median of 1.69% in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Rate jumped 7730 bps in 2023, then sank 6832 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 5.0% in 2022, then jumped by 607 bps to 25.34% in 2023, then tumbled by 100 bps to 0.01% in 2024, then jumped by 55980 bps to 7.21% in 2025, then soared by 32 bps to 9.54% in 2026.
- The last three Tax Rate figures came in at 9.54% (Q1 2026), 7.21% (Q4 2025), and 0.26% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 24.82% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.45% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 22.28% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 6.40% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.11% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 20.27% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 24.00% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 10.04% |
| 10 | KNOT Offshore Partners | 2.51 Mn | -88.75 Mn | 56.27 Mn | 9.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.54% |
| Mar 31, 2026 | 9.54% |
| Dec 31, 2025 | 7.21% |
| Dec 31, 2025 | 7.21% |
| Sep 30, 2025 | -0.26% |
| Sep 30, 2025 | -0.26% |
| Jun 30, 2025 | 1.80% |
| Jun 30, 2025 | 1.80% |
| Mar 31, 2025 | 7.10% |
| Mar 31, 2025 | 7.10% |
| Dec 31, 2024 | -0.01% |
| Dec 31, 2024 | -0.01% |
| Sep 30, 2024 | 7.86% |
| Sep 30, 2024 | 7.86% |
| Jun 30, 2024 | 1.69% |
| Jun 30, 2024 | 1.69% |
| Mar 31, 2024 | -1.86% |
| Mar 31, 2024 | -1.86% |
| Dec 31, 2023 | 25.34% |
| Dec 31, 2023 | 25.34% |