KNOP (KNOT Offshore Partners LP) Enterprise Value: $1,206.3 Mil (As of Jul. 14, 2026) ***

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KNOP KNOT Offshore Partners LP KNOP
61 GF Score
Price $10.69
GF Value $8.08
Valuation Significantly Overvalued
! 9 Warning Signs
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What is KNOT Offshore Partners LP Enterprise Value?

KNOT Offshore Partners LP KNOP -0.65% 61 Enterprise Value is $1,206.3 Mil as of Jul. 14, 2026. GuruFocus rates KNOP with a GF Score™ of 61/100 and a GF Value™ of $8.08 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, KNOT Offshore Partners LP's Enterprise Value is $1,206.3 Mil. KNOT Offshore Partners LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $77.2 Mil. Therefore, KNOT Offshore Partners LP's EV-to-EBIT ratio for today is 15.62.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, KNOT Offshore Partners LP's Enterprise Value is $1,206.3 Mil. KNOT Offshore Partners LP's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $201.9 Mil. Therefore, KNOT Offshore Partners LP's EV-to-EBITDA ratio for today is 5.98.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, KNOT Offshore Partners LP's Enterprise Value is $1,206.3 Mil. KNOT Offshore Partners LP's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $372.4 Mil. Therefore, KNOT Offshore Partners LP's EV-to-Revenue ratio for today is 3.24.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, KNOT Offshore Partners LP's Enterprise Value is $1,206.3 Mil. KNOT Offshore Partners LP's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $153.1 Mil. Therefore, KNOT Offshore Partners LP's EV-to-OCF ratio for today is 7.88.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, KNOT Offshore Partners LP's Enterprise Value is $1,206.3 Mil. KNOT Offshore Partners LP's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $152.7 Mil. Therefore, KNOT Offshore Partners LP's EV-to-FCF ratio for today is 7.90.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


KNOT Offshore Partners LP  (NYSE:KNOP) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

KNOT Offshore Partners LP's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1206.334/77.23
=15.62

KNOT Offshore Partners LP's current Enterprise Value is $1,206.3 Mil.
KNOT Offshore Partners LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $77.2 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

KNOT Offshore Partners LP's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1206.334/201.872
=5.98

KNOT Offshore Partners LP's current Enterprise Value is $1,206.3 Mil.
KNOT Offshore Partners LP's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $201.9 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

KNOT Offshore Partners LP's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1206.334/372.421
=3.24

KNOT Offshore Partners LP's current Enterprise Value is $1,206.3 Mil.
KNOT Offshore Partners LP's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $372.4 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

KNOT Offshore Partners LP's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1206.334/153.144
=7.88

KNOT Offshore Partners LP's current Enterprise Value is $1,206.3 Mil.
KNOT Offshore Partners LP's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $153.1 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

KNOT Offshore Partners LP's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1206.334/152.682
=7.90

KNOT Offshore Partners LP's current Enterprise Value is $1,206.3 Mil.
KNOT Offshore Partners LP's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $152.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


KNOT Offshore Partners LP Enterprise Value Related Terms


KNOT Offshore Partners LP Enterprise Value Historical Data

* Premium members only.

The historical data trend for KNOT Offshore Partners LP's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

KNOT Offshore Partners LP Enterprise Value Chart

KNOT Offshore Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,357.93 1,347.52 1,096.24 1,029.48 1,224.62

KNOT Offshore Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,124.97 1,070.73 1,211.15 1,224.62 1,185.26

KNOP vs SMC, IMPP, TORO: Enterprise Value Comparison

For the Oil & Gas Midstream subindustry, KNOT Offshore Partners LP's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KNOT Offshore Partners LP Enterprise Value vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, KNOT Offshore Partners LP's Enterprise Value distribution charts can be found below:

* The bar in red indicates where KNOT Offshore Partners LP's Enterprise Value falls into.


KNOP
61GF Score
KNOT Offshore Partners LP KNOP
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KNOT Offshore Partners LP Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

KNOT Offshore Partners LP's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

KNOT Offshore Partners LP's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $1,206.3 Mil mean?
KNOT Offshore Partners LP (KNOP) has a Enterprise Value of $1,206.3 Mil as of Jul. 14, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on KNOT Offshore Partners LP and its competitors.
Is KNOT Offshore Partners LP's Enterprise Value too high?
KNOT Offshore Partners LP's current Enterprise Value is $1,206.3 Mil. Overall, KNOT Offshore Partners LP has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KNOT Offshore Partners LP's Enterprise Value compare to SMC and IMPP?
KNOT Offshore Partners LP's Enterprise Value of $1,206.3 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on KNOT Offshore Partners LP and its competitors. KNOT Offshore Partners LP's current Enterprise Value is $1,206.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KNOT Offshore Partners LP stock overvalued right now?
Based on GuruFocus' analysis, KNOT Offshore Partners LP (KNOP) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.08, compared to a current price of $10.69 — trading 32.3% above its estimated fair value. The current Enterprise Value is $1,206.3 Mil. KNOT Offshore Partners LP's overall GF Score™ is 61/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For KNOT Offshore Partners LP (KNOP), the current Enterprise Value is $1,206.3 Mil as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is KNOT Offshore Partners LP (KNOP) Overvalued in 2026?

Based on GuruFocus' analysis, KNOT Offshore Partners LP stock appears to be overvalued. The current stock price of $10.69 is trading 32.3% above its estimated GF Value™ of $8.08. GuruFocus considers KNOT Offshore Partners LP to be Significantly Overvalued.

Key valuation signals for KNOP:

  • Enterprise Value: $1,206.3 Mil
  • GF Value™: $8.08 vs. price of $10.69 (32.3% above fair value)
  • GF Score™: 61/100 with 9 warning signs

No single metric tells the full story. See the KNOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KNOT Offshore Partners LP Business Description

Industry EnergyOil & Gas
Other Exchanges KO4:Germany
Address 2 Queens Cross, Aberdeenshire, Aberdeen, GBR, AB15 4YB
KNOT Offshore Partners LP owns, operates, and shuttles tankers under long-term charters in the North Sea and Brazil. The company provides crude oil loading, transportation, and storage services under time charters and bareboat charters. The Partnership is formed for acquiring ownership interests in over four shuttle tankers owned by Knutsen NYK Offshore Tankers AS (KNOT). It operates through the shuttle tanker market segment.
61GF Score

Get the complete analysis for KNOP

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.69
Price
$8.08
GF Value