KNOP (KNOT Offshore Partners LP) 3-Year ROIIC % : -65.69% (As of Dec. 2025)

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KNOP KNOT Offshore Partners LP KNOP
62 GF Score
Price $10.70
GF Value $8.08
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is KNOT Offshore Partners LP 3-Year ROIIC %?

KNOT Offshore Partners LP KNOP +0.09% 62 3-Year ROIIC % is -65.69 as of Dec. 2025. GuruFocus rates KNOP with a GF Score™ of 62/100 and a GF Value™ of $8.08 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 923 Oil & Gas companies, KNOT Offshore Partners LP ranks worse than 87% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. KNOT Offshore Partners LP's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -65.69%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for KNOT Offshore Partners LP's 3-Year ROIIC % or its related term are showing as below:

KNOP's 3-Year ROIIC % is ranked worse than
87% of 923 companies
in the Oil & Gas industry
Industry Median: -0.02 vs KNOP: -65.69

KNOT Offshore Partners LP  (NYSE:KNOP) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


KNOT Offshore Partners LP 3-Year ROIIC % Related Terms


KNOT Offshore Partners LP 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for KNOT Offshore Partners LP's 3-Year ROIIC % 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 3-Year ROIIC % Chart

KNOT Offshore Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.77 -25.79 18.47 -45.80 -65.69

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
3-Year ROIIC % 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 0.00 0.00 0.00 -65.69 0.00

KNOP vs SMC, IMPP, TORO: 3-Year ROIIC % Comparison

For the Oil & Gas Midstream subindustry, KNOT Offshore Partners LP's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, KNOT Offshore Partners LP's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where KNOT Offshore Partners LP's 3-Year ROIIC % falls into.


KNOP
62GF Score
KNOT Offshore Partners LP KNOP
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KNOT Offshore Partners LP 3-Year ROIIC % Calculation

KNOT Offshore Partners LP's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 98.6362584 (Dec. 2025) - 65.2485366 (Dec. 2022) )/( 1969.846 (Dec. 2025) - 2020.676 (Dec. 2022) )
=33.3877218/-50.83
=-65.69%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -65.69 mean?
KNOT Offshore Partners LP (KNOP) has a 3-Year ROIIC % of -65.69 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on KNOT Offshore Partners LP and its competitors. According to the industry distribution chart, KNOT Offshore Partners LP ranks #803 out of 923 companies in the Oil & Gas industry, placing it in the top 87%.
Is KNOT Offshore Partners LP's 3-Year ROIIC % too high?
KNOT Offshore Partners LP's current 3-Year ROIIC % is -65.69. Based on the distribution chart, KNOT Offshore Partners LP ranks #803 out of 923 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, KNOT Offshore Partners LP has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does KNOT Offshore Partners LP's 3-Year ROIIC % compare to SMC and IMPP?
According to the Oil & Gas industry distribution chart, KNOT Offshore Partners LP ranks #803 out of 923 companies for 3-Year ROIIC %. This places KNOT Offshore Partners LP in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Oil & Gas company?
A good 3-Year ROIIC % depends on the Oil & Gas industry context. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on KNOT Offshore Partners LP and its competitors. KNOT Offshore Partners LP's current 3-Year ROIIC % is -65.69. 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 $10.70 — trading 32.4% above its estimated fair value. The current 3-Year ROIIC % is -65.69. KNOT Offshore Partners LP's overall GF Score™ is 62/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For KNOT Offshore Partners LP (KNOP), the current 3-Year ROIIC % is -65.69 as of Dec. 2025. 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 $10.70 is trading 32.4% above its estimated GF Value™ of $8.08. GuruFocus considers KNOT Offshore Partners LP to be Significantly Overvalued.

Key valuation signals for KNOP:

  • 3-Year ROIIC %: -65.69
  • GF Value™: $8.08 vs. price of $10.70 (32.4% above fair value)
  • GF Score™: 62/100 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.
62GF Score

Get the complete analysis for KNOP

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

$10.70
Price
$8.08
GF Value