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Stocks · Materials · Mining & Quarrying of Nonmetallic Minerals (No Fuels)

Knife River Corp

KNF Clue Score46
United States Fiscal year ends December CIK 0001955520
$49.84 -4.65% Close, 9 Oct 2026
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Price $49.84 −2.29% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 1 Jun 2023. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2021Revenue2,228.9Operating income191.1Net income129.8EPS, diluted2.29Fiscal year 2022Revenue2,534.7 +13.7%Operating income194.3Net income116.2 −10.4%EPS, diluted2.05 −10.5%Fiscal year 2023Revenue2,830.4 +11.7%Operating income296.4Net income182.9 +57.3%EPS, diluted3.23 +57.6%Fiscal year 2024Revenue2,899.0 +2.4%Operating income316.2Net income201.7 +10.3%EPS, diluted3.55 +9.9%Fiscal year 2025Revenue3,146.0 +8.5%Operating income285.9Net income157.1 −22.1%EPS, diluted2.76 −22.3%
FY2021FY2022FY2023FY2024FY2025
Revenue 2,228.9 2,534.7 2,830.4 2,899.0 3,146.0
Growth +13.7% +11.7% +2.4% +8.5%
Operating income 191.1 194.3 296.4 316.2 285.9
Net income 129.8 116.2 182.9 201.7 157.1
Growth −10.4% +57.3% +10.3% −22.1%
EPS, diluted 2.29 2.05 3.23 3.55 2.76
Growth −10.5% +57.6% +9.9% −22.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2021Gross margin15.6%Operating margin8.6%Net margin5.8%Free cash flow margin0.3%Fiscal year 2022Gross margin14.2%Operating margin7.7%Net margin4.6%Free cash flow margin1.2%Fiscal year 2023Gross margin19.0%Operating margin10.5%Net margin6.5%Free cash flow margin7.5%Fiscal year 2024Gross margin19.7%Operating margin10.9%Net margin7.0%Free cash flow margin5.2%Fiscal year 2025Gross margin18.4%Operating margin9.1%Net margin5.0%Free cash flow margin−2.2%
FY2021FY2022FY2023FY2024FY2025
Gross margin 15.6% 14.2% 19.0% 19.7% 18.4%
Operating margin 8.6% 7.7% 10.5% 10.9% 9.1%
Net margin 5.8% 4.6% 6.5% 7.0% 5.0%
Free cash flow margin 0.3% 1.2% 7.5% 5.2% −2.2%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2021Operating cash flow181.2Capital expenditure−174.2Free cash flow7.0Fiscal year 2022Operating cash flow207.4Capital expenditure−178.2Free cash flow29.3 +317.7%Fiscal year 2023Operating cash flow335.7Capital expenditure−124.3Free cash flow211.4 +622.1%Fiscal year 2024Operating cash flow322.3Capital expenditure−172.4Free cash flow149.9 −29.1%Fiscal year 2025Operating cash flow278.5Capital expenditure−348.0Free cash flow−69.6 −146.4%
FY2021FY2022FY2023FY2024FY2025
Operating cash flow 181.2 207.4 335.7 322.3 278.5
Capital expenditure −174.2 −178.2 −124.3 −172.4 −348.0
Free cash flow 7.0 29.3 211.4 149.9 −69.6
Growth +317.7% +622.1% −29.1% −146.4%

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2021Cash13.8Shareholders’ equity952.8Fiscal year 2022Cash10.1Total debt0.6Net cash (debt)9.5Shareholders’ equity1,028.6Debt to equity0.00Fiscal year 2023Cash219.3Total debt681.7Net cash (debt)−462.3Shareholders’ equity1,266.0Debt to equity0.54Fiscal year 2024Cash236.8Total debt677.4Net cash (debt)−440.6Shareholders’ equity1,476.1Debt to equity0.46Fiscal year 2025Cash73.8Total debt1,165.5Net cash (debt)−1,091.7Shareholders’ equity1,640.9Debt to equity0.71
FY2021FY2022FY2023FY2024FY2025
Cash 13.8 10.1 219.3 236.8 73.8
Total debt n/a 0.6 681.7 677.4 1,165.5
Net cash (debt) n/a 9.5 −462.3 −440.6 −1,091.7
Shareholders’ equity 952.8 1,028.6 1,266.0 1,476.1 1,640.9
Debt to equity n/a 0.00 0.54 0.46 0.71

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
2,228.9 2,534.7 2,830.4 2,899.0 3,146.0
Growth +13.7% +11.7% +2.4% +8.5%
1,882.0 2,173.8 2,291.4 2,329.2 2,568.7
346.9 360.9 538.9 569.8 577.3
Growth +4.0% +49.3% +5.7% +1.3%
155.9 166.6 242.5 253.6 291.5
191.1 194.3 296.4 316.2 285.9
Growth +1.7% +52.5% +6.7% −9.6%
173.2 158.8 245.3 271.0 213.2
43.5 42.6 62.4 69.3 56.1
129.8 116.2 182.9 201.7 157.1
Growth −10.4% +57.3% +10.3% −22.1%
Per share
2.29 2.05 3.23 3.56 2.77
2.29 2.05 3.23 3.55 2.76
Growth −10.5% +57.6% +9.9% −22.3%
56.6 56.6 56.6 56.6 56.7
56.6 56.6 56.7 56.8 56.9
Growth +0.0% +0.2% +0.3% +0.1%

Five years in brief

Worked out from the figures above, not from a press release
  • Profitable in every one of the 5 years on file.