Flex LNG vs Knot Offshore Partners LP
Flex LNG and Knot Offshore Partners LP are similar in size: $348m and $364m of revenue in their latest fiscal years. Knot Offshore Partners LP grew faster (14.4% against -2.4%). Flex LNG kept more of each dollar of sales as profit: a net margin of 21.5% against 6.4%.
| Latest fiscal year | Flex LNGFLNG, 2025 | Knot Offshore Partners LPKNOP, 2025 |
|---|---|---|
| Revenue | $348m | $364m |
| Revenue growth | -2.4% | 14.4% |
| Net income | $74.8m | $23.3m |
| Operating margin | 50.6% | 23.2% |
| Net margin | 21.5% | 6.4% |
| Return on equity | 9.8% | — |
| Free cash flow | $141m | — |
| Cash | $448m | $89.0m |
| Total debt | $1.86bn | $960m |
| Debt to equity | 258.7% | — |
| Dividend per share | — | — |
| Dividend yield | 11.0% | 3.5% |
| Share buybacks | — | $3.0m |
| Employees | — | — |
| Market value | $1.48bn | $298m |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 1 buys, 0 sales |