Knife River Corp KNF

Basic materials SIC 1400 - Mining & Quarrying of Nonmetallic Minerals (No Fuels) NYSE

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). We are strategically focused on being the provider of choice in mid-size, higher-growth markets and are committed to our plan for continued growth and to delivering for our stakeholders—customers, communities, employees and stockholders—by executing on our Competitive EDGE initiatives and our four core values: People, Safety, Quality and the Environment.

Last close 61.83 2026-09-04
Market cap $3.51B 2026-06-30 share count
52-week range 58.72 - 96.28

Valuation FY2025 figures against the last close

P/S1.1x
P/E22.4x
P/FCF
EV/EBITDA9.6x
Dividend yield
Diluted EPS2.76

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Revenue $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 $577.3M$569.8M$538.9M$360.9M$346.9M
SG&A $291.5M$253.6M$242.5M$166.6M$155.9M
Operating income $285.9M$316.2M$296.4M$194.3M$191.1M
Interest expense $81.9M$55.2M$58.1M$30.1M$19.2M
Pre-tax income $213.2M$271.0M$245.3M$158.8M$173.2M
Income tax $56.1M$69.3M$62.4M$42.6M$43.5M
Net income $157.1M$201.7M$182.9M$116.2M$129.8M
EPS, basic 2.773.563.232.052.29
EPS, diluted 2.763.553.232.052.29
Shares, diluted (wtd. avg.) $56.9M$56.8M$56.7M$56.6M$56.6M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Cash and equivalents $73.8M$236.8M$262.3M$10.1M$13.8M$7.1M
Receivables $278.0M$267.2M$266.8M$210.2M
Inventory $435.7M$380.3M$319.6M$323.3M
Total current assets $960.9M$987.7M$913.5M$608.6M
Property, plant and equipment $2.03B$1.44B$1.32B$1.32B$1.25B
Goodwill $519.7M$297.2M$274.5M$274.5M$276.4M
Other intangibles $32.7M$29.4M$10.8M$13.4M
Total assets $3.65B$2.85B$2.60B$2.29B$2.18B
Accounts payable $145.6M$140.8M$107.7M$87.4M
Short-term debt $11.7M$10.5M$7.1M$211.0K
Total current liabilities $378.0M$370.0M$347.3M$516.9M
Long-term debt $1.15B$666.9M$674.6M$427.0K
Total liabilities $2.01B$1.38B$1.33B$1.27B
Retained earnings $1.02B$867.5M$665.9M$494.7M
Total equity $1.64B$1.48B$1.27B$1.03B$952.8M$878.2M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020
Operating cash flow $278.5M$322.3M$335.7M$207.4M$181.2M
Depreciation and amortisation $193.7M$136.9M$123.8M$117.8M$101.0M
Stock-based compensation $11.4M$7.8M$2.9M$1.3M$1.9M
Capital expenditure $348.0M$172.4M$124.3M$178.2M$174.2M
Investing cash flow -$913.7M-$294.8M-$117.9M-$155.9M-$398.3M
Financing cash flow $477.5M-$8.7M$34.4M-$55.3M$223.8M
Buybacks $3.6M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-023783.

Others in SIC 1400

TickerCompanyMarket capP/ERevenue growth
VMC Vulcan Materials CO $34.08B 32.4x 7.1%
MLM MARTIN MARIETTA MATERIALS INC $30.92B 27.4x 8.6%
HL HECLA MINING CO/DE/ $13.89B 42.2x 53.0%
MDU MDU RESOURCES GROUP INC $4.12B 21.0x 6.3%
UUUU ENERGY FUELS INC $3.62B -15.6%
LEU CENTRUS ENERGY CORP $3.46B 44.6x 1.5%
USLM UNITED STATES LIME & MINERALS INC $3.35B 25.0x 17.3%
CMP COMPASS MINERALS INTERNATIONAL INC $1.06B 11.3%