KNOT Offshore Partners LP Ratios | P/E, ROE & Valuation

On the Key Ratios page for KNOT Offshore Partners LP (KNOP), the latest P/E of 21.4 frames valuation, while ROE 2.97% and ROIC 5.70% indicates profitability and capital efficiency. Together with the current ratio of 0.25 and debt-to-equity 1.52, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

KNOP Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$10.98$9.18$8.48$7.83$8.46$8.54$8.64$8.55$7.29$6.39
Net Income per Share$0.54$0.41$-1.00$1.71$1.62$2.00$1.80$2.51$2.26$2.25
Operating Cash Flow per Share$4.58$4.03$3.84$2.94$5.01$5.18$5.07$4.55$5.14$3.99
Free Cash Flow per Share$4.56$4.00$3.76$2.85$4.66$5.17$5.07$4.54$5.11$3.96
Cash per Share$2.73$1.97$1.86$1.39$1.87$1.61$1.35$1.28$1.59$1.02
Book Value per Share$18.31$17.95$17.71$19.02$20.24$21.34$21.77$22.39$24.25$19.18
Tangible Book Value per Share$18.31$17.95$17.71$19.02$20.24$21.31$21.73$22.33$24.17$19.24
Interest Debt per Share$29.15$28.53$30.08$32.13$30.05$32.55$32.08$34.52$35.21$28.09
CAPEX per Share$0.01$0.03$0.08$0.10$0.35$0.01$0.00$0.00$0.03$0.03

KNOP Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)21.413.19-5.755.638.247.5510.997.139.4510.5
Price to Book (P/B)0.630.30.330.510.660.710.91-1.610.96160444.6
Price to Sales (P/S)1.020.590.681.231.581.762.292.12.943.7
Enterprise Value to EBITDA5.965.377.556.387.397.847.977.289.439.72
EV to Sales3.273.283.764.994.815.275.675.87.417.81
EV to Operating Cash Flow7.847.478.313.298.128.79.6610.9110.5112.5
EV to Free Cash Flow7.877.528.4813.748.738.719.6610.9210.5612.6
Enterprise Value$1.22B$1.02B$1.09B$1.34B$1.35B$1.47B$1.60B$1.62B$1.62B$1.36B

KNOP Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)2.97%2.30%-5.65%9.00%8.01%9.35%8.28%-22.61%10.11%1527550.00%
Return on Invested Capital (ROIC)5.70%4.52%1.41%3.80%4.42%7.02%7.43%7.09%5.41%6.45%
Return on Tangible Assets1.10%0.89%-2.15%3.38%3.21%3.67%3.39%4.48%3.80%4.72%
Earnings Yield4.78%7.58%-17.38%17.76%12.13%13.25%9.10%14.02%10.58%9.52%
Free Cash Flow Yield40.71%73.41%65.23%29.56%34.87%34.30%25.58%25.34%23.89%16.77%
Dividend Yield1.57%5.61%5.27%24.06%17.87%16.11%12.25%13.53%10.72%9.37%

KNOP Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio0.250.330.70.220.640.310.510.410.460.4
Interest Coverage1.631.120.351.532.533.82.482.512.973.7
Income Quality8.489.75-3.831.723.092.592.811.812.271.77
Debt to Equity1.521.481.581.621.441.481.4-2.961.53185411.5
Debt to Assets55.90%57.63%60.06%61.05%57.82%57.96%57.38%58.65%57.25%57.39%
Net Debt to EBITDA4.14.46.194.814.965.224.744.655.695.12

KNOP Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover1121.7520.1538.3824.57105.3748.7655.85100.06383.891157.81
Payables Turnover25.319.4420.4845.9944.3439.1854.9430.3122.6439.23
Inventory Turnover64.233.9356.7634.0851.9456.8465.4359.5552.7974.09
Days Sales Outstanding0.3318.129.5114.863.467.496.533.650.950.32
Days Payables Outstanding14.4318.7717.827.948.239.326.6412.0416.129.3
Days of Inventory on Hand5.6910.766.4310.717.036.425.586.136.914.93

KNOP Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA5.965.377.556.387.397.847.977.289.439.72
Market Cap$380.03M$185.55M$197.55M$330.29M$444.15M$492.37M$647.67M$586.20M$643.46M$641.78M
Enterprise Value$1.22B$1.02B$1.09B$1.34B$1.35B$1.47B$1.60B$1.62B$1.62B$1.36B
Dividend Yield1.57%5.61%5.27%24.06%17.87%16.11%12.25%13.53%10.72%9.37%
Payout Ratio57.62%73.99%-30.32%135.46%147.35%121.63%134.57%96.56%101.33%98.46%

Frequently Asked Questions

How does KNOT Offshore Partners LP’s P/E ratio compare with its history?

On this page, KNOP's current P/E is 21.4, compared with a multi-year average around 10.5. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.

What is KNOT Offshore Partners LP market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $380.03M. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does KNOT Offshore Partners LP’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with KNOT Offshore Partners LP's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does KNOT Offshore Partners LP compare to its competitors in key financial ratios?

The fastest way to compare KNOT Offshore Partners LP with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see KNOT Offshore Partners LP outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do KNOT Offshore Partners LP's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that KNOT Offshore Partners LP is financially strong. Current ratio is about 0.25, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 1.63, implying less buffer for servicing interest costs. Debt-to-equity is about 1.52, suggesting higher leverage than a low-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do KNOT Offshore Partners LP's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If KNOT Offshore Partners LP is sustaining strong returns (for example ROE at 2.97% and ROIC at 5.70%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.