KNOP (KNOT Offshore Partners LP) FCF Margin %: 35.90% (As of Mar. 2026) — 34% Below Median

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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 FCF Margin %?

KNOT Offshore Partners LP KNOP -0.65% 61 FCF Margin % is 35.90% as of Mar. 2026, which is 34% below its 10-year median of 54.12. 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. Among 907 Oil & Gas companies, KNOT Offshore Partners LP ranks better than 94.49% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. KNOT Offshore Partners LP's Free Cash Flow for the three months ended in Mar. 2026 was $33.0 Mil. KNOT Offshore Partners LP's Revenue for the three months ended in Mar. 2026 was $92.0 Mil. Therefore, KNOT Offshore Partners LP's FCF Margin % for the quarter that ended in Mar. 2026 was 35.90%.

As of today, KNOT Offshore Partners LP's current FCF Yield % is 41.34%.

The historical rank and industry rank for KNOT Offshore Partners LP's FCF Margin % or its related term are showing as below:

KNOP' s FCF Margin % Range Over the Past 10 Years
Min: 36.35   Med: 54.12   Max: 70.13
Current: 41


During the past 13 years, the highest FCF Margin % of KNOT Offshore Partners LP was 70.13%. The lowest was 36.35%. And the median was 54.12%.

KNOP's FCF Margin % is ranked better than
94.49% of 907 companies
in the Oil & Gas industry
Industry Median: 3.38 vs KNOP: 41.00


KNOT Offshore Partners LP FCF Margin % Related Terms


KNOT Offshore Partners LP FCF Margin % Historical Data

* Premium members only.

The historical data trend for KNOT Offshore Partners LP's FCF Margin % 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 FCF Margin % Chart

KNOT Offshore Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.09 36.35 44.33 42.75 42.66

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
FCF Margin % 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 42.61 36.71 45.69 45.01 35.90

KNOP vs SMC, IMPP, TORO: FCF Margin % Comparison

For the Oil & Gas Midstream subindustry, KNOT Offshore Partners LP's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Oil & Gas Industry

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

* The bar in red indicates where KNOT Offshore Partners LP's FCF Margin % falls into.


KNOP
61GF Score
KNOT Offshore Partners LP KNOP
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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KNOT Offshore Partners LP FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

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

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=155.455/364.443
=42.66 %

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

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=33.035/92.007
=35.90 %

* 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 FCF Margin % →
What does a FCF Margin % of 35.90% mean?
KNOT Offshore Partners LP (KNOP) has a FCF Margin % of 35.90% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on KNOT Offshore Partners LP and its competitors. This is 34% below median its historical median of 54.12. Over the past decade, KNOT Offshore Partners LP's FCF Margin % has ranged from 36.35 to 70.13. According to the industry distribution chart, KNOT Offshore Partners LP ranks #50 out of 907 companies in the Oil & Gas industry, placing it in the top 5.5%.
Is KNOT Offshore Partners LP's FCF Margin % too high?
KNOT Offshore Partners LP's current FCF Margin % of 35.90% is 34% below median its 10-year median of 54.12. Over the past 10 years, this metric has ranged from a low of 36.35 to a high of 70.13. The Oil & Gas industry median FCF Margin % is 3.38. KNOT Offshore Partners LP's value of 35.90% is 962.1% above this industry median. Based on the distribution chart, KNOT Offshore Partners LP ranks #50 out of 907 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. 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 FCF Margin % compare to SMC and IMPP?
According to the Oil & Gas industry distribution chart, KNOT Offshore Partners LP ranks #50 out of 907 companies for FCF Margin %. This places KNOT Offshore Partners LP in the top 6% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.38. KNOT Offshore Partners LP's value of 35.90% is 962.1% above this benchmark. Historically, KNOT Offshore Partners LP's own FCF Margin % has ranged from 36.35 to 70.13 over the past decade. While the company's 10-year median is 54.12 vs. the industry median of 3.38, KNOT Offshore Partners LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.38, based on 907 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. KNOT Offshore Partners LP's current FCF Margin % of 35.90% is 962.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on KNOT Offshore Partners LP and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KNOT Offshore Partners LP's current FCF Margin % is 35.90%, which is 34% below median its own 10-year median of 54.12. 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 FCF Margin % is 35.90%, which is 34% below median its 10-year median of 54.12 and 962.1% above the Oil & Gas industry median of 3.38. 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 FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For KNOT Offshore Partners LP (KNOP), the current FCF Margin % is 35.90% as of Mar. 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:

  • FCF Margin %: 35.90% (34% below median its 10-year median of 54.12)
  • GF Value™: $8.08 vs. price of $10.69 (32.3% above fair value)
  • GF Score™: 61/100 with 9 warning signs
  • Industry Position: 962.1% above the Oil & Gas median (#50 of 907)

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

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

$10.69
Price
$8.08
GF Value