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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

Ratios

Percentages worked out from the filed figures; debt to equity in times. 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
Margins
15.6% 14.2% 19.0% 19.7% 18.4%
8.6% 7.7% 10.5% 10.9% 9.1%
7.8% 6.3% 8.7% 9.3% 6.8%
5.8% 4.6% 6.5% 7.0% 5.0%
0.3% 1.2% 7.5% 5.2% −2.2%
Spending
7.0% 6.6% 8.6% 8.7% 9.3%
7.8% 7.0% 4.4% 5.9% 11.1%
25.1% 26.8% 25.5% 25.6% 26.3%
Returns
13.6% 11.3% 14.4% 13.7% 9.6%
5.9% 5.1% 7.0% 7.1% 4.3%
Balance and payout
n/a 0.00 0.54 0.46 0.71
n/a 55.2% 51.3% 48.2% 55.0%