A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
Knife River Corporation (referred to as we, our, us, the Company or Knife River) is an aggregates-based construction materials and contracting services provider in the United States. Our 1.3 billion tons of aggregate reserves provide the foundation for our vertically integrated business strategy, with approximately 35 percent of our aggregates in 2025 being used internally to support value-added downstream products (ready-mix concrete and asphalt) and contracting services (asphalt paving, heavy-civil construction, concrete construction, site development and grading services, and in some segments the manufacturing of prestressed concrete products).
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 3.1B | 3.1B | 2.9B | 2.8B | 2.5B | 2.2B |
| Net Income | 157M | 157M | 202M | 183M | 116M | 130M |
| EPS | $2.76 | $2.76 | $3.55 | $3.23 | $2.05 | $2.29 |
| Free Cash Flow | -70M | -70M | 150M | 211M | 29M | 7.0M |
| ROIC | 7.6% | 9.0% | 12.7% | 15.8% | 14.2% | 15.8% |
| Gross Margin | 18.4% | 18.4% | 19.7% | 19.0% | 14.2% | 15.6% |
| Debt/Equity | 0.74 | 0.74 | 0.49 | 0.57 | 0.05 | 0.00 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | 286M | 286M | 316M | 296M | 194M | 191M |
| Operating Margin | 9.1% | 9.1% | 10.9% | 10.5% | 7.7% | 8.6% |
| ROE | 9.6% | 10.1% | 14.7% | 15.9% | 11.7% | 14.2% |
| Shares Outstanding | 57M | 57M | 57M | 57M | 0M | 57M |
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|
| Income Statement | ||||||
| Revenue | 2.2B | 2.5B | 2.8B | 2.9B | 3.1B | 3.1B |
| Gross Margin | 15.6% | 14.2% | 19.0% | 19.7% | 18.4% | 18.4% |
| R&D | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A | 156M | 167M | 243M | 254M | 291M | 291M |
| EBIT | 191M | 194M | 296M | 316M | 286M | 286M |
| Op. Margin | 8.6% | 7.7% | 10.5% | 10.9% | 9.1% | 9.1% |
| Net Income | 130M | 116M | 183M | 202M | 157M | 157M |
| Net Margin | 5.8% | 4.6% | 6.5% | 7.0% | 5.0% | 5.0% |
| Non-Recurring | 6.6M | 14M | 27K | 9.2M | 22M | 22M |
| Returns on Capital | ||||||
| ROIC | 15.8% | 14.2% | 15.8% | 12.7% | 9.0% | 7.6% |
| ROE | 14.2% | 11.7% | 15.9% | 14.7% | 10.1% | 9.6% |
| ROA | 5.9% | 5.2% | 7.5% | 7.4% | 4.8% | 4.3% |
| Cash Flow | ||||||
| Op. Cash Flow | 181M | 207M | 336M | 322M | 278M | 278M |
| Free Cash Flow | 7.0M | 29M | 211M | 150M | -70M | -70M |
| Owner Earnings | 78M | 88M | 209M | 178M | 73M | 73M |
| CapEx | 174M | 178M | 124M | 172M | 348M | 348M |
| Maint. CapEx | 101M | 118M | 124M | 137M | 194M | 194M |
| Growth CapEx | 73M | 60M | 478K | 36M | 154M | 154M |
| D&A | 101M | 118M | 124M | 137M | 194M | 194M |
| CapEx/OCF | N/A | N/A | 37.0% | 53.5% | 125.0% | 125.0% |
| Capital Allocation | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | 0 | 0 | 0 | 0 | 0 | 0 |
| Buyback Yield | 0.0% | N/A | N/A | N/A | N/A | 0.0% |
| Stock-Based Comp | 1.9M | 1.3M | 2.9M | 7.8M | 11M | 11M |
| Debt Repayment | 221K | 298K | 3.7M | 7.0M | 8.8M | 8.8M |
| Balance Sheet | ||||||
| Net Debt | -14M | 36M | 507M | 490M | 1.1B | 1.1B |
| Cash & Equiv. | 14M | 10M | 219M | 237M | 74M | 74M |
| Long-Term Debt | 221K | 427K | 675M | 667M | 1.2B | 1.2B |
| Debt/Equity | 0.00 | 0.05 | 0.57 | 0.49 | 0.74 | 0.74 |
| Interest Coverage | 9.9 | 6.5 | 5.1 | 5.7 | 3.5 | 3.5 |
| Equity | 953M | 1.0B | 1.3B | 1.5B | 1.6B | 1.6B |
| Total Assets | 2.2B | 2.3B | 2.6B | 2.9B | 3.7B | 3.7B |
| Total Liabilities | 1.2B | 1.3B | 1.3B | 1.4B | 2.0B | 2.0B |
| Intangibles | N/A | 13M | 11M | 29M | 33M | 33M |
| Retained Earnings | N/A | 495M | 666M | 868M | 1.0B | 1.0B |
| Working Capital | N/A | 92M | 566M | 618M | 583M | 583M |
| Current Assets | N/A | 609M | 914M | 988M | 961M | 961M |
| Current Liabilities | -21M | 517M | 347M | 370M | 378M | 378M |
| Per Share Data | ||||||
| EPS | 2.29 | 2.05 | 3.23 | 3.55 | 2.76 | 2.76 |
| Owner EPS | 1.38 | 1,104.68 | 3.69 | 3.13 | 1.29 | 1.29 |
| Book Value | 16.82 | 12,857.36 | 22.36 | 25.98 | 28.83 | 28.83 |
| Cash Flow/Share | 3.20 | 2,593.05 | 5.93 | 5.67 | 4.89 | 6.16 |
| Dividends/Share | N/A | N/A | N/A | N/A | N/A | 0.00 |
| Shares Out. | 56.7M | 0.1M | 56.6M | 56.8M | 56.9M | 56.9M |
| Valuation | ||||||
| P/E Ratio | N/A | N/A | 20.8 | 29.0 | 26.7 | 31.4 |
| P/FCF | N/A | N/A | 17.9 | 39.0 | N/A | N/A |
| EV/EBIT | N/A | N/A | 14.2 | 19.8 | 18.4 | 21.2 |
| Price/Book | N/A | N/A | 3.0 | 4.0 | 2.6 | 3.0 |
| Price/Sales | N/A | N/A | 1.0 | 1.6 | 1.5 | 1.6 |
| FCF Yield | N/A | N/A | 5.6% | 2.6% | -1.7% | -1.4% |
| Market Cap | 0 | N/A | 3.8B | 5.8B | 4.2B | 4.9B |
| Avg. Price | 0.00 | N/A | 51.11 | 80.08 | 85.15 | 86.61 |
| Year-End Price | 0.00 | N/A | 67.03 | 102.97 | 73.68 | 86.61 |
Knife River Corp passes 5 of 9 quality checks, suggesting mixed fundamentals.
Knife River Corp trades at 31.4x trailing earnings, compared to its 15-year median P/E of 26.7x, suggesting it is currently Expensive relative to its historical range. The company's 5-year average ROIC is 13.5% with a gross margin of 17.4%. At current prices, the estimated annualized return to fair value is -5.0%.
Knife River Corp (KNF) has a current P/E ratio of 31.4, compared to its historical median P/E of 26.7. The stock is currently considered Expensive based on its historical valuation range.
Knife River Corp (KNF) has a 5-year average return on invested capital (ROIC) of 13.5%. This indicates solid capital allocation.
Knife River Corp (KNF) has a market capitalization of $4.9B. It is classified as a mid-cap stock.
Knife River Corp (KNF) does not currently pay a regular dividend.
Based on historical P/E analysis, Knife River Corp (KNF) appears expensive. The current P/E of 31.4 is 18% above its historical median of 26.7. The estimated fair value CAGR (P/E method) is 31.1%.
Knife River Corp (KNF) operates in the Mining & Quarrying Of Nonmetallic Minerals (No Fuels) industry, within the Materials sector.
Knife River Corp (KNF) reported annual revenue of $3.1 billion in its most recent fiscal year, based on SEC EDGAR filings.
Knife River Corp (KNF) has a net profit margin of 5.0%. This is a modest margin.
Knife River Corp (KNF) generated $-70 million in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
Knife River Corp (KNF) has a debt-to-equity ratio of 0.74. This indicates moderate leverage.
Knife River Corp (KNF) reported earnings per share (EPS) of $2.76 in its most recent fiscal year.
Knife River Corp (KNF) has a return on equity (ROE) of 10.1%. This indicates moderate shareholder returns.
Knife River Corp (KNF) has a 5-year average gross margin of 17.4%. This lower margin is typical of capital-intensive or commodity businesses.
The Ledger Terminal provides 5 years of financial data for Knife River Corp (KNF), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Knife River Corp (KNF) has a book value per share of $28.83, based on its most recent annual SEC filing.
No recent press releases.