Knife River Corporation financials
Source: EDGAR filings · Built 2026-06-02T03:24:00Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Free Cash Flow | -69.57M | 149.90M | 211.44M | 29.28M | 7.01M |
| EBITDA | 479.61M | 453.06M | 420.20M | 312.09M | 292.05M |
| Working Capital | 582.93M | 617.63M | 566.27M | 91.68M | — |
| Net Debt | 1.14B | 489.96M | 507.04M | 36.42M | — |
| Gross Margin | 18.35% | 19.66% | 19.04% | 14.24% | 15.57% |
| Operating Margin | 9.09% | 10.91% | 10.47% | 7.67% | 8.57% |
| Net Margin | 4.99% | 6.96% | 6.46% | 4.59% | 5.82% |
| Return on Equity (ROE) | 9.57% | 13.66% | 14.44% | 11.30% | 13.62% |
| Return on Assets (ROA) | 4.30% | 7.07% | 7.03% | 5.07% | 5.95% |
| Current Ratio | 2.54× | 2.67× | 2.63× | 1.18× | — |
| Debt-to-Equity | 0.74× | 0.49× | 0.57× | 0.05× | — |
| Effective Tax Rate | 26.33% | 25.58% | 25.45% | 26.82% | 25.09% |
| Cash Conversion Ratio | 1.77× | 1.60× | 1.84× | 1.78× | 1.40× |
| Accruals Ratio | -0.03× | -0.04× | -0.06× | -0.04× | -0.02× |
| SBC % of Revenue | 0.36% | 0.27% | 0.10% | 0.05% | 0.08% |
| CapEx Coverage | 0.80× | 1.87× | 2.70× | 1.16× | 1.04× |
| Free Cash Flow Per Share | $-1.22 | $2.64 | $3.73 | $0.52 | $0.12 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 25.49× | 28.63× | 20.49× | — | — |
| P/FCF | — | 38.54× | 17.74× | — | — |
| FCF Yield | — | 2.59% | 5.64% | — | — |
| EV / EBITDA | 10.70× | 13.78× | 10.12× | — | — |
| P/S | 1.27× | 1.98× | 1.32× | — | — |
| P/B | 2.43× | 3.90× | 2.96× | — | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | 2.83B | 2.53B | 2.23B |
| Revenues | 3.15B | 2.90B | 2.83B | 2.53B | 2.23B |
| Cost of Revenue | 2.57B | 2.33B | 2.29B | 2.17B | 1.88B |
| Gross Profit | 577.33M | 569.83M | 538.93M | 360.89M | 346.95M |
| Selling, General and Administrative Expense | 291.45M | 253.63M | 242.54M | 166.60M | 155.87M |
| Operating Income (Loss) | 285.87M | 316.19M | 296.40M | 194.29M | 191.08M |
| Income Tax Expense (Benefit) | 56.14M | 69.32M | 62.44M | 42.60M | 43.46M |
| Net Income (Loss) Attributable to Parent | 157.07M | 201.68M | 182.87M | 116.22M | 129.75M |
| Earnings Per Share, Basic | $2.77 | $3.56 | $3.23 | $2.05 | $2.29 |
| Weighted Average Number of Shares Outstanding, Basic | 56.65M | 56.61M | 56.57M | 56.57M | 56.57M |
| Earnings Per Share, Diluted | $2.76 | $3.55 | $3.23 | $2.05 | $2.29 |
| Weighted Average Number of Shares Outstanding, Diluted | 56.90M | 56.84M | 56.67M | 56.57M | 56.57M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 73.82M | 236.80M | 219.32M | 10.09M | — |
| Assets, Current | 960.92M | 987.67M | 913.54M | 608.57M | — |
| Assets | 3.65B | 2.85B | 2.60B | 2.29B | 2.18B |
| Long-term Debt | 1.17B | 677.39M | 681.66M | — | — |
| Liabilities, Current | 377.99M | 370.04M | 347.27M | 516.89M | — |
| Long-term Debt, Excluding Current Maturities | 1.15B | 666.91M | 674.58M | 427.00K | — |
| Liabilities | 2.01B | 1.38B | 1.33B | 1.27B | — |
| Stockholders' Equity Attributable to Parent | 1.64B | 1.48B | 1.27B | 1.03B | 952.84M |
| Common Stock, Shares, Outstanding | 56.66M | 56.61M | 56.58M | 80,000 | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2023 | FY 2023 |
|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 278.48M | 322.32M | 335.73M | 207.44M | 181.24M |
| Net Cash Provided by (Used in) Investing Activities | -913.66M | -294.80M | -117.89M | -155.88M | -398.27M |
| Net Cash Provided by (Used in) Financing Activities | 477.47M | -8.71M | 34.39M | -55.32M | 223.80M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -135.87M | 138.18M | -207.74M | -396.44M | -200.24M | 127.17M |
| EBITDA | -34.08M | 116.55M | 268.68M | 138.28M | -43.89M | 79.39M |
| Working Capital | 590.02M | 582.93M | 660.87M | 706.07M | 624.64M | 617.63M |
| Net Debt | 1.47B | 1.14B | 1.21B | 1.38B | 1.13B | 489.96M |
| Gross Margin | -0.68% | 19.25% | 23.62% | 18.86% | -2.71% | 17.36% |
| Operating Margin | -21.03% | 8.64% | 17.88% | 10.56% | -23.38% | 6.70% |
| Net Margin | -19.31% | 4.24% | 11.89% | 6.07% | -19.44% | 3.54% |
| Return on Equity (ROE) | -5.08% | 1.95% | 8.91% | 3.46% | -4.88% | 1.58% |
| Return on Assets (ROA) | -2.07% | 0.88% | 3.87% | 1.39% | -2.09% | 0.82% |
| Current Ratio | 2.67× | 2.54× | 2.39× | 2.78× | 2.94× | 2.67× |
| Debt-to-Equity | 0.95× | 0.74× | 0.77× | 0.96× | 0.87× | 0.49× |
| Effective Tax Rate | 26.42% | 29.16% | 25.98% | 25.53% | 26.39% | 29.79% |
| Cash Conversion Ratio | 0.74× | 6.12× | 0.58× | -3.32× | 1.82× | 7.41× |
| Accruals Ratio | -0.01× | -0.04× | 0.02× | 0.06× | 0.02× | -0.05× |
| SBC % of Revenue | 0.70% | 0.38% | 0.71% | 0.68% | 0.79% | 0.32% |
| CapEx Coverage | -0.76× | 3.39× | 0.28× | -0.73× | -1.67× | 3.81× |
| Free Cash Flow Per Share | $-2.40 | $2.43 | $-3.65 | $-6.97 | $-3.54 | $2.24 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 31.77× | 25.49× | 29.45× | 30.35× | 28.46× | 28.71× |
| EV / EBITDA | 12.47× | 10.70× | 12.57× | 14.37× | 14.50× | 13.78× |
| P/S | 1.45× | 1.27× | 1.43× | 1.57× | 1.75× | 1.98× |
| P/B | 2.97× | 2.43× | 2.71× | 3.17× | 3.63× | 3.90× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 410.13M | 755.06M | 1.20B | 833.76M | 353.47M | 657.22M |
| Cost of Revenue | 412.90M | 609.72M | 919.38M | 676.51M | 363.07M | 543.11M |
| Gross Profit | -2.77M | 145.34M | 284.33M | 157.25M | -9.60M | 114.11M |
| Selling, General and Administrative Expense | 83.46M | 80.10M | 69.13M | 69.17M | 73.06M | 70.07M |
| Operating Income (Loss) | -86.23M | 65.25M | 215.21M | 88.08M | -82.65M | 44.04M |
| Income Tax Expense (Benefit) | -28.43M | 13.19M | 50.24M | 17.34M | -24.64M | 9.87M |
| Net Income (Loss) Attributable to Parent | -79.18M | 32.03M | 143.15M | 50.60M | -68.71M | 23.27M |
| Earnings Per Share, Basic | $-1.40 | $0.56 | $2.53 | $0.89 | $-1.21 | $0.41 |
| Weighted Average Number of Shares Outstanding, Basic | 56.71M | 56.65M | 56.66M | 56.66M | 56.63M | 56.61M |
| Earnings Per Share, Diluted | $-1.40 | $0.56 | $2.52 | $0.89 | $-1.21 | $0.41 |
| Weighted Average Number of Shares Outstanding, Diluted | 56.71M | 56.90M | 56.88M | 56.91M | 56.63M | 56.84M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 13.35M | 73.82M | 30.70M | 26.61M | 86.12M | 236.80M |
| Assets, Current | 942.31M | 960.92M | 1.14B | 1.10B | 946.70M | 987.67M |
| Assets | 3.82B | 3.65B | 3.70B | 3.63B | 3.28B | 2.85B |
| Long-term Debt | 1.43B | 1.17B | 1.19B | 1.35B | 1.17B | 677.39M |
| Liabilities, Current | 352.29M | 377.99M | 474.44M | 397.21M | 322.07M | 370.04M |
| Long-term Debt, Excluding Current Maturities | 1.42B | 1.15B | 1.18B | 1.34B | 1.16B | 666.91M |
| Liabilities | 2.26B | 2.01B | 2.10B | 2.17B | 1.87B | 1.38B |
| Stockholders' Equity Attributable to Parent | 1.56B | 1.64B | 1.61B | 1.46B | 1.41B | 1.48B |
| Common Stock, Shares, Outstanding | 56.75M | 56.66M | 56.66M | 56.66M | 56.65M | 56.61M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -58.55M | 195.89M | 82.58M | -167.85M | -125.28M | 172.43M |
| Net Cash Provided by (Used in) Investing Activities | -251.06M | -130.64M | -783.02M | -701.95M | -503.63M | -156.97M |
| Net Cash Provided by (Used in) Financing Activities | 261.64M | -22.93M | 500.40M | 666.33M | 486.26M | -1.77M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (KNF CIK 0001955520),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.