Knot Offshore Partners LP vs Nordic American Tankers
Knot Offshore Partners LP is the larger business, with $364m of revenue in fiscal 2025 against $292m for Nordic American Tankers (1.2 times as much). Knot Offshore Partners LP grew faster (14.4% against -16.6%). Knot Offshore Partners LP kept more of each dollar of sales as profit: a net margin of 6.4% against 4.2%.
| Latest fiscal year | Knot Offshore Partners LPKNOP, 2025 | Nordic American TankersNAT, 2025 |
|---|---|---|
| Revenue | $364m | $292m |
| Revenue growth | 14.4% | -16.6% |
| Net income | $23.3m | $12.3m |
| Operating margin | 23.2% | 15.9% |
| Net margin | 6.4% | 4.2% |
| Return on equity | — | 2.6% |
| Free cash flow | — | −$115m |
| Cash | $89.0m | $45.9m |
| Total debt | $960m | $424m |
| Debt to equity | — | 95.2% |
| Dividend per share | — | — |
| Dividend yield | 3.5% | 4.9% |
| Share buybacks | $3.0m | $0 |
| Employees | — | — |
| Market value | $298m | $1.59bn |
| Price vs our value range | Below our value range | Above our value range |
| Moat score | — | — |
| Insider trades, 12 months | 1 buys, 0 sales | 0 buys, 0 sales |