Knife River (KNF) Financials

$94.20 +1.17 (+1.26%)

As of 03:58 PM Eastern

Annual Income Statements for Knife River

This table shows Knife River's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	130	116	183	202
Consolidated Net Income / (Loss)	130	116	183	202
Net Income / (Loss) Continuing Operations	130	116	183	202
Total Pre-Tax Income	173	159	245	271
Total Operating Income	191	194	296	316
Total Gross Profit	347	361	539	570
Total Revenue	2,229	2,535	2,830	2,899
Total Cost of Revenue	1,882	2,174	2,291	2,329
Total Operating Expenses	156	167	243	254
Selling, General & Admin Expense	156	167	243	254
Total Other Income / (Expense), net	-18	-35	-51	-45
Interest Expense	19	30	58	55
Other Income / (Expense), net	1.36	-5.35	7.01	10
Income Tax Expense	43	43	62	69
Basic Earnings per Share	$2.29	$2.05	$3.23	$3.56
Weighted Average Basic Shares Outstanding	56.57M	56.57M	56.57M	56.61M
Diluted Earnings per Share	$2.29	$2.05	$3.23	$3.55
Weighted Average Diluted Shares Outstanding	56.57M	56.57M	56.67M	56.84M
Weighted Average Basic & Diluted Shares Outstanding	-	-	56.58M	56.61M

This table shows Knife River's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	100	-	-41	57	147	21	-48	78	148	23
Consolidated Net Income / (Loss)	100	-	-41	57	147	21	-48	78	148	23
Net Income / (Loss) Continuing Operations	100	-	-41	57	147	21	-48	78	148	23
Total Pre-Tax Income	133	-	-53	77	195	27	-64	104	198	33
Total Operating Income	143	-	-45	94	210	37	-54	117	209	44
Total Gross Profit	184	-	4.10	153	269	112	6.49	176	273	114
Total Revenue	975	-	308	785	1,090	647	330	807	1,105	657
Total Cost of Revenue	791	-	304	632	821	534	323	631	832	543
Total Operating Expenses	42	-	49	59	59	75	60	59	64	70
Selling, General & Admin Expense	42	-	49	59	59	75	60	59	64	70
Total Other Income / (Expense), net	-10	-	-8.67	-17	-15	-10	-10	-13	-11	-11
Interest Expense	8.82	-	9.50	19	15	14	14	14	14	13
Other Income / (Expense), net	-1.28	-	0.83	2.48	0.01	3.70	3.75	1.30	2.49	2.50
Income Tax Expense	33	-	-12	20	48	6.11	-16	26	50	9.87
Basic Earnings per Share	$1.76	-	($0.73)	$1.00	$2.59	$0.37	($0.84)	$1.38	$2.62	$0.40
Weighted Average Basic Shares Outstanding	56.57M	56.57M	56.57M	56.57M	56.57M	56.57M	56.59M	56.61M	56.61M	56.61M
Diluted Earnings per Share	$1.76	-	($0.73)	$1.00	$2.58	$0.38	($0.84)	$1.37	$2.60	$0.42
Weighted Average Diluted Shares Outstanding	56.57M	56.57M	56.57M	56.60M	56.74M	56.67M	56.59M	56.81M	56.87M	56.84M
Weighted Average Basic & Diluted Shares Outstanding	-	0.00	-	-	56.57M	56.58M	56.61M	56.61M	56.61M	56.61M

This table details how cash moves in and out of Knife River's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2021	2022	2023	2024
Net Change in Cash & Equivalents	6.78	-3.76	252	19
Net Cash From Operating Activities	181	207	336	322
Net Cash From Continuing Operating Activities	181	207	336	322
Net Income / (Loss) Continuing Operations	130	116	183	202
Consolidated Net Income / (Loss)	130	116	183	202
Depreciation Expense	101	118	124	137
Amortization Expense	0.40	0.48	3.12	2.76
Non-Cash Adjustments To Reconcile Net Income	-6.04	-8.44	1.80	-4.51
Changes in Operating Assets and Liabilities, net	-44	-19	24	-14
Net Cash From Investing Activities	-398	-156	-118	-295
Net Cash From Continuing Investing Activities	-398	-156	-118	-295
Purchase of Property, Plant & Equipment	-174	-178	-124	-172
Acquisitions	-235	1.75	0.00	-131
Sale of Property, Plant & Equipment	12	23	8.28	12
Sale and/or Maturity of Investments	-0.84	-2.34	-1.89	-3.39
Net Cash From Financing Activities	224	-55	34	-8.71
Net Cash From Continuing Financing Activities	224	-55	34	-8.71
Repayment of Debt	282	-0.11	185	-7.04
Issuance of Debt	0.00	0.00	700	0.00
Other Financing Activities, net	-58	-55	-851	-1.67

This table details how cash moves in and out of Knife River's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-	-8.94	-2.87	61	48	146	-92	-113	210	14
Net Cash From Operating Activities	-	168	-79	8.90	223	183	-43	-47	240	172
Net Cash From Continuing Operating Activities	-	168	-79	8.90	223	183	-43	-47	240	172
Net Income / (Loss) Continuing Operations	-	18	-41	57	147	21	-48	78	148	23
Consolidated Net Income / (Loss)	-	18	-41	57	147	21	-48	78	148	23
Depreciation Expense	-	29	30	31	32	31	32	35	35	35
Amortization Expense	-	0.13	0.13	1.93	0.37	0.69	0.69	0.69	0.69	0.69
Non-Cash Adjustments To Reconcile Net Income	-	-9.21	-2.69	0.04	0.96	3.50	-0.48	-2.46	-1.51	-0.06
Changes in Operating Assets and Liabilities, net	-	130	-65	-81	44	127	-28	-157	58	113
Net Cash From Investing Activities	-	-38	-41	-23	-19	-35	-45	-65	-28	-157
Net Cash From Continuing Investing Activities	-	-38	-41	-23	-19	-35	-45	-65	-28	-157
Purchase of Property, Plant & Equipment	-	-56	-42	-24	-20	-38	-44	-60	-24	-45
Acquisitions	-	1.30	-	-	-	-	-	-	-4.80	-116
Sale of Property, Plant & Equipment	-	17	3.22	0.90	1.11	3.06	1.63	5.14	0.84	4.39
Sale and/or Maturity of Investments	-	-0.11	-1.57	-	-	-0.13	-3.01	-0.12	-0.13	-0.13
Net Cash From Financing Activities	-	-139	117	76	-157	-1.74	-3.38	-1.79	-1.77	-1.77
Net Cash From Continuing Financing Activities	-	-139	117	76	-157	-1.74	-3.38	-1.79	-1.77	-1.77
Repayment of Debt	-	-126	-0.09	189	-1.76	-1.76	-1.74	-1.77	-1.77	-1.77

This table presents Knife River's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2022	2023	2024
Total Assets	2,294	2,600	2,851
Total Current Assets	609	914	988
Cash & Equivalents	10	262	281
Accounts Receivable	210	267	267
Inventories, net	323	320	380
Other Current Assets	65	65	59
Plant, Property, & Equipment, net	1,315	1,315	1,442
Total Noncurrent Assets	371	371	422
Goodwill	275	274	297
Intangible Assets	13	11	29
Other Noncurrent Operating Assets	83	86	95
Total Liabilities & Shareholders' Equity	2,294	2,600	2,851
Total Liabilities	1,266	1,334	1,375
Total Current Liabilities	517	347	370
Short-Term Debt	238	7.08	10
Accounts Payable	87	108	141
Current Deferred Revenue	40	51	42
Current Deferred & Payable Income Tax Liabilities	-	9.30	8.29
Current Employee Benefit Liabilities	29	48	51
Other Current Liabilities	122	117	112
Other Current Nonoperating Liabilities	-	7.25	5.54
Total Noncurrent Liabilities	749	987	1,005
Long-Term Debt	447	675	667
Noncurrent Deferred & Payable Income Tax Liabilities	176	175	175
Other Noncurrent Operating Liabilities	126	137	163
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,029	1,266	1,476
Total Preferred & Common Equity	1,029	1,266	1,476
Total Common Equity	1,029	1,266	1,476
Common Stock	550	615	621
Retained Earnings	495	666	868
Treasury Stock	0.00	-3.63	-3.63
Accumulated Other Comprehensive Income / (Loss)	-12	-11	-9.30

This table presents Knife River's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	2,327	2,643	2,681	2,514	2,683	2,884
Total Current Assets	639	958	1,011	818	950	1,160
Cash & Equivalents	7.22	68	116	171	57	267
Accounts Receivable	175	419	492	184	423	449
Inventories, net	373	374	315	376	385	347
Other Current Assets	84	97	89	88	84	96
Plant, Property, & Equipment, net	1,317	1,311	1,300	1,321	1,355	1,346
Plant, Property & Equipment, gross	2,513	2,533	2,548	2,610	2,672	2,692
Accumulated Depreciation	1,195	1,222	1,248	1,289	1,317	1,346
Total Noncurrent Assets	370	373	370	375	378	378
Goodwill	275	274	274	274	275	275
Intangible Assets	13	12	11	10	10	9.85
Other Noncurrent Operating Assets	83	87	84	91	92	93
Total Liabilities & Shareholders' Equity	2,327	2,643	2,681	2,514	2,683	2,884
Total Liabilities	1,352	1,548	1,438	1,295	1,384	1,435
Total Current Liabilities	473	384	425	297	378	426
Short-Term Debt	238	7.08	7.08	7.07	7.07	8.79
Accounts Payable	80	175	149	97	164	181
Current Deferred Revenue	37	45	59	51	45	45
Current Deferred & Payable Income Tax Liabilities	-	30	53	-	16	16
Current Employee Benefit Liabilities	14	26	38	18	29	42
Other Current Liabilities	103	94	103	109	110	120
Other Current Nonoperating Liabilities	0.00	7.91	16	15	7.17	14
Total Noncurrent Liabilities	879	1,164	1,013	998	1,006	1,009
Long-Term Debt	0.36	832	676	674	672	670
Noncurrent Deferred & Payable Income Tax Liabilities	175	171	174	174	179	188
Other Noncurrent Operating Liabilities	703	161	163	150	154	151
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	975	1,095	1,243	1,219	1,299	1,449
Total Preferred & Common Equity	975	1,095	1,243	1,219	1,299	1,449
Total Common Equity	975	1,095	1,243	1,219	1,299	1,449
Common Stock	549	612	614	615	617	619
Retained Earnings	442	499	645	618	696	844
Treasury Stock	0.00	-3.63	-3.63	-3.63	-3.63	-3.63
Accumulated Other Comprehensive Income / (Loss)	-12	-12	-12	-11	-11	-11

This table displays calculated financial ratios and metrics derived from Knife River's official financial filings.

Metric	2021	2022	2023	2024
Growth Metrics	-	-	-	-
Revenue Growth	0.00%	13.72%	11.66%	2.43%
EBITDA Growth	0.00%	4.57%	40.07%	8.26%
EBIT Growth	0.00%	-1.81%	60.58%	7.53%
NOPAT Growth	0.00%	-0.67%	55.41%	6.50%
Net Income Growth	0.00%	-10.43%	57.35%	10.28%
EPS Growth	0.00%	-10.48%	57.56%	9.91%
Operating Cash Flow Growth	0.00%	14.46%	61.84%	-3.99%
Free Cash Flow Firm Growth	0.00%	0.00%	114.85%	-78.42%
Invested Capital Growth	0.00%	0.00%	-0.65%	10.95%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.36%
EBITDA Q/Q Growth	0.00%	0.00%	246.17%	2.13%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	1.76%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	1.11%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	1.29%
EPS Q/Q Growth	0.00%	0.00%	0.00%	1.14%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	4.60%	-3.12%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-72.90%
Invested Capital Q/Q Growth	0.00%	0.00%	-7.29%	0.22%
Profitability Metrics	-	-	-	-
Gross Margin	15.57%	14.24%	19.04%	19.66%
EBITDA Margin	13.18%	12.12%	15.20%	16.07%
Operating Margin	8.57%	7.67%	10.47%	10.91%
EBIT Margin	8.63%	7.45%	10.72%	11.25%
Profit (Net Income) Margin	5.82%	4.59%	6.46%	6.96%
Tax Burden Percent	74.91%	73.18%	74.55%	74.42%
Interest Burden Percent	90.01%	84.06%	80.85%	83.07%
Effective Tax Rate	25.09%	26.82%	25.45%	25.58%
Return on Invested Capital (ROIC)	0.00%	16.69%	13.01%	13.18%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	9.00%	6.10%	5.06%
Return on Net Nonoperating Assets (RNNOA)	0.00%	5.91%	2.93%	1.53%
Return on Equity (ROE)	0.00%	22.60%	15.94%	14.71%
Cash Return on Invested Capital (CROIC)	0.00%	-183.31%	13.66%	2.80%
Operating Return on Assets (OROA)	0.00%	8.24%	12.40%	11.97%
Return on Assets (ROA)	0.00%	5.07%	7.47%	7.40%
Return on Common Equity (ROCE)	0.00%	22.60%	15.94%	14.71%
Return on Equity Simple (ROE_SIMPLE)	0.00%	11.30%	14.44%	13.66%
Net Operating Profit after Tax (NOPAT)	143	142	221	235
NOPAT Margin	6.42%	5.61%	7.81%	8.12%
Net Nonoperating Expense Percent (NNEP)	0.00%	7.69%	6.91%	8.12%
Return On Investment Capital (ROIC_SIMPLE)	-	8.30%	11.34%	10.93%
Cost of Revenue to Revenue	84.43%	85.76%	80.96%	80.34%
SG&A Expenses to Revenue	6.99%	6.57%	8.57%	8.75%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	6.99%	6.57%	8.57%	8.75%
Earnings before Interest and Taxes (EBIT)	192	189	303	326
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	294	307	430	466
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	2.96	3.90
Price to Tangible Book Value (P/TBV)	0.00	0.00	3.82	5.01
Price to Revenue (P/Rev)	0.00	0.00	1.32	1.98
Price to Earnings (P/E)	0.00	0.00	20.47	28.53
Dividend Yield	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	4.89%	3.50%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	2.46	3.28
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	1.47	2.12
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	9.67	13.20
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	13.72	18.85
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	18.84	26.14
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	12.40	19.08
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	17.95	122.90
Leverage & Solvency	-	-	-	-
Debt to Equity	0.00	0.67	0.54	0.46
Long-Term Debt to Equity	0.00	0.43	0.53	0.45
Financial Leverage	0.00	0.66	0.48	0.30
Leverage Ratio	0.00	2.23	2.13	1.99
Compound Leverage Factor	0.00	1.88	1.72	1.65
Debt to Total Capital	0.00%	39.98%	35.00%	31.46%
Short-Term Debt to Total Capital	0.00%	13.90%	0.36%	0.49%
Long-Term Debt to Total Capital	0.00%	26.08%	34.64%	30.97%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	60.02%	65.00%	68.54%
Debt to EBITDA	0.00	2.23	1.58	1.45
Net Debt to EBITDA	0.00	2.20	0.97	0.85
Long-Term Debt to EBITDA	0.00	1.45	1.57	1.43
Debt to NOPAT	0.00	4.82	3.09	2.88
Net Debt to NOPAT	0.00	4.75	1.90	1.68
Long-Term Debt to NOPAT	0.00	3.14	3.05	2.83
Altman Z-Score	0.00	0.00	3.78	4.59
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	0.00	1.18	2.63	2.67
Quick Ratio	0.00	0.43	1.52	1.48
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-1,561	232	50
Operating Cash Flow to CapEx	111.73%	133.59%	289.42%	200.91%
Free Cash Flow to Firm to Interest Expense	0.00	-51.84	3.99	0.91
Operating Cash Flow to Interest Expense	9.43	6.89	5.78	5.83
Operating Cash Flow Less CapEx to Interest Expense	0.99	1.73	3.78	2.93
Efficiency Ratios	-	-	-	-
Asset Turnover	0.00	1.10	1.16	1.06
Accounts Receivable Turnover	0.00	12.06	11.87	10.86
Inventory Turnover	0.00	6.72	7.13	6.66
Fixed Asset Turnover	0.00	1.93	2.15	2.10
Accounts Payable Turnover	0.00	24.88	23.50	18.75
Days Sales Outstanding (DSO)	0.00	30.26	30.75	33.62
Days Inventory Outstanding (DIO)	0.00	54.28	51.20	54.84
Days Payable Outstanding (DPO)	0.00	14.67	15.53	19.47
Cash Conversion Cycle (CCC)	0.00	69.87	66.42	68.99
Capital & Investment Metrics	-	-	-	-
Invested Capital	0.00	1,704	1,693	1,878
Invested Capital Turnover	0.00	2.98	1.67	1.62
Increase / (Decrease) in Invested Capital	0.00	1,704	-11	185
Enterprise Value (EV)	0.00	0.00	4,163	6,150
Market Capitalization	0.00	0.00	3,744	5,754
Book Value per Share	$0.00	$18.18	$22.38	$26.07
Tangible Book Value per Share	$0.00	$13.09	$17.34	$20.30
Total Capital	0.00	1,714	1,948	2,153
Total Debt	0.00	685	682	677
Total Long-Term Debt	0.00	447	675	667
Net Debt	0.00	675	419	396
Capital Expenditures (CapEx)	162	155	116	160
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	320	311	347
Debt-free Net Working Capital (DFNWC)	0.00	330	573	628
Net Working Capital (NWC)	0.00	92	566	618
Net Nonoperating Expense (NNE)	13	26	38	34
Net Nonoperating Obligations (NNO)	0.00	675	427	402
Total Depreciation and Amortization (D&A)	101	118	127	140
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	12.62%	10.99%	11.97%
Debt-free Net Working Capital to Revenue	0.00%	13.01%	20.26%	21.67%
Net Working Capital to Revenue	0.00%	3.62%	20.01%	21.30%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$3.23	$3.56
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	56.57M	56.61M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$3.23	$3.55
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	56.67M	56.84M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	56.58M	56.61M
Normalized Net Operating Profit after Tax (NOPAT)	143	142	221	235
Normalized NOPAT Margin	6.42%	5.61%	7.81%	8.12%
Pre Tax Income Margin	7.77%	6.27%	8.67%	9.35%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	10.01	6.27	5.22	5.91
NOPAT to Interest Expense	7.45	4.72	3.80	4.26
EBIT Less CapEx to Interest Expense	1.57	1.12	3.23	3.00
NOPAT Less CapEx to Interest Expense	-0.99	-0.44	1.81	1.36
Payout Ratios	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%

This table displays calculated financial ratios and metrics derived from Knife River's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	0.00%	0.00%	0.00%	11.78%	0.00%	7.04%	2.77%	1.37%	1.60%
EBITDA Growth	0.00%	0.00%	0.00%	0.00%	71.10%	148.12%	-22.18%	18.74%	1.97%	13.30%
EBIT Growth	0.00%	0.00%	0.00%	0.00%	48.43%	0.00%	-14.27%	22.95%	0.66%	13.79%
NOPAT Growth	0.00%	0.00%	0.00%	0.00%	47.54%	0.00%	-20.56%	26.33%	-0.96%	7.64%
Net Income Growth	0.00%	0.00%	0.00%	0.00%	47.16%	0.00%	-15.27%	37.11%	0.99%	12.43%
EPS Growth	0.00%	0.00%	0.00%	0.00%	46.59%	0.00%	-15.07%	37.00%	0.78%	10.53%
Operating Cash Flow Growth	0.00%	0.00%	0.00%	0.00%	0.00%	8.78%	45.50%	-623.17%	7.33%	-5.67%
Free Cash Flow Firm Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	106.51%	-488.65%
Invested Capital Growth	0.00%	0.00%	0.00%	0.00%	0.00%	-0.65%	44.60%	2.93%	2.63%	10.95%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	155.01%	38.87%	-40.67%	-49.05%	144.82%	36.98%	-40.54%
EBITDA Q/Q Growth	0.00%	-79.26%	-147.58%	1,023.50%	87.76%	-69.92%	-123.43%	997.47%	61.24%	-66.58%
EBIT Q/Q Growth	0.00%	-100.00%	0.00%	319.52%	118.96%	-80.54%	-222.19%	336.20%	79.27%	-78.01%
NOPAT Q/Q Growth	0.00%	-100.00%	0.00%	321.74%	128.72%	-81.84%	-230.92%	332.35%	79.30%	-80.27%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	237.55%	158.03%	-85.88%	-330.08%	263.62%	90.05%	-84.29%
EPS Q/Q Growth	0.00%	0.00%	0.00%	236.99%	158.00%	-85.27%	-321.05%	263.10%	89.78%	-83.85%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-147.18%	111.23%	2,408.76%	-18.14%	-123.64%	-7.77%	614.67%	-28.05%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	102.38%	-1,549.14%	105.65%	233.75%	-242.13%
Invested Capital Q/Q Growth	0.00%	0.00%	-29.20%	55.32%	-2.55%	-7.29%	3.04%	10.56%	-2.83%	0.22%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	18.91%	0.00%	1.33%	19.48%	24.71%	17.39%	1.97%	21.84%	24.70%	17.36%
EBITDA Margin	14.52%	0.00%	-4.54%	16.44%	22.23%	11.27%	-5.18%	18.99%	22.36%	12.57%
Operating Margin	14.65%	0.00%	-14.47%	11.91%	19.28%	5.75%	-16.30%	14.47%	18.92%	6.70%
EBIT Margin	14.52%	0.00%	-14.20%	12.23%	19.28%	6.32%	-15.16%	14.63%	19.15%	7.08%
Profit (Net Income) Margin	10.22%	0.00%	-13.42%	7.24%	13.45%	3.20%	-14.45%	9.66%	13.40%	3.54%
Tax Burden Percent	75.03%	0.00%	77.62%	73.95%	75.26%	77.21%	74.47%	74.85%	74.92%	70.21%
Interest Burden Percent	93.78%	0.00%	121.71%	80.05%	92.70%	65.55%	127.96%	88.19%	93.41%	71.22%
Effective Tax Rate	24.97%	0.00%	0.00%	26.05%	24.74%	22.79%	0.00%	25.15%	25.08%	29.79%
Return on Invested Capital (ROIC)	0.00%	0.00%	0.00%	0.00%	0.00%	7.40%	-22.06%	16.37%	22.14%	7.64%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	5.94%	-24.71%	15.03%	20.44%	5.79%
Return on Net Nonoperating Assets (RNNOA)	0.00%	0.00%	0.00%	0.00%	0.00%	2.85%	-8.53%	8.84%	7.65%	1.75%
Return on Equity (ROE)	0.00%	0.00%	0.00%	0.00%	0.00%	10.26%	-30.59%	25.21%	29.79%	9.39%
Cash Return on Invested Capital (CROIC)	0.00%	-91.65%	0.00%	0.00%	0.00%	13.66%	-21.81%	9.44%	9.98%	2.80%
Operating Return on Assets (OROA)	0.00%	0.00%	0.00%	0.00%	0.00%	7.31%	-17.87%	15.79%	19.88%	7.53%
Return on Assets (ROA)	0.00%	0.00%	0.00%	0.00%	0.00%	3.70%	-17.03%	10.42%	13.91%	3.77%
Return on Common Equity (ROCE)	0.00%	0.00%	0.00%	0.00%	0.00%	10.26%	-30.59%	25.21%	29.79%	9.39%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	14.49%	15.22%	13.74%	0.00%
Net Operating Profit after Tax (NOPAT)	107	0.00	-31	69	158	29	-38	87	157	31
NOPAT Margin	10.99%	0.00%	-10.13%	8.81%	14.51%	4.44%	-11.41%	10.83%	14.18%	4.70%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	4.38%	1.58%	3.96%	1.46%	2.65%	1.34%	1.70%	1.85%
Return On Investment Capital (ROIC_SIMPLE)	-	0.00%	-	-	-	1.47%	-	-	-	1.44%
Cost of Revenue to Revenue	81.09%	0.00%	98.67%	80.52%	75.29%	82.61%	98.03%	78.16%	75.30%	82.64%
SG&A Expenses to Revenue	4.26%	0.00%	15.80%	7.57%	5.43%	11.63%	18.27%	7.37%	5.78%	10.66%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	4.26%	0.00%	15.80%	7.57%	5.43%	11.63%	18.27%	7.37%	5.78%	10.66%
Earnings before Interest and Taxes (EBIT)	142	0.00	-44	96	210	41	-50	118	212	47
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	142	29	-14	129	242	73	-17	153	247	83
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	0.00	0.00	2.96	3.76	3.06	3.49	3.90
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	3.82	4.91	3.92	4.35	5.01
Price to Revenue (P/Rev)	0.00	0.00	0.00	0.00	0.00	1.32	1.61	1.38	1.75	1.98
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	0.00	20.47	25.98	20.09	25.42	28.53
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	0.00%	4.89%	3.85%	4.98%	3.93%	3.50%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	0.00	0.00	2.46	2.92	2.38	2.92	3.28
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	0.00	0.00	0.00	1.47	1.79	1.60	1.89	2.12
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	0.00	9.67	11.93	10.17	11.99	13.20
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	0.00	13.72	17.15	14.39	17.07	18.85
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	0.00	18.84	23.57	19.60	23.51	26.14
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	0.00	12.40	13.71	14.52	16.45	19.08
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	17.95	0.00	25.59	29.63	122.90
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.67	0.24	0.77	0.55	0.54	0.56	0.52	0.47	0.46
Long-Term Debt to Equity	0.00	0.43	0.00	0.76	0.54	0.53	0.55	0.52	0.46	0.45
Financial Leverage	0.00	0.66	0.24	0.71	0.47	0.48	0.35	0.59	0.37	0.30
Leverage Ratio	0.00	2.23	2.39	2.41	2.16	2.13	2.21	2.23	2.07	1.99
Compound Leverage Factor	0.00	0.00	2.91	1.93	2.00	1.40	2.82	1.96	1.93	1.42
Debt to Total Capital	0.00%	39.98%	19.66%	43.39%	35.45%	35.00%	35.84%	34.35%	31.89%	31.46%
Short-Term Debt to Total Capital	0.00%	13.90%	19.63%	0.37%	0.37%	0.36%	0.37%	0.36%	0.41%	0.49%
Long-Term Debt to Total Capital	0.00%	26.08%	0.03%	43.02%	35.09%	34.64%	35.46%	33.99%	31.48%	30.97%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	60.02%	80.34%	56.61%	64.55%	65.00%	64.16%	65.65%	68.11%	68.54%
Debt to EBITDA	0.00	2.23	0.00	0.00	5.49	1.58	1.59	1.51	1.49	1.45
Net Debt to EBITDA	0.00	2.20	0.00	0.00	4.56	0.97	1.19	1.38	0.90	0.85
Long-Term Debt to EBITDA	0.00	1.45	0.00	0.00	5.44	1.57	1.58	1.49	1.47	1.43
Debt to NOPAT	0.00	4.82	0.00	0.00	0.00	3.09	3.15	2.90	2.92	2.88
Net Debt to NOPAT	0.00	4.75	0.00	0.00	0.00	1.90	2.36	2.66	1.77	1.68
Long-Term Debt to NOPAT	0.00	3.14	0.00	0.00	0.00	3.05	3.12	2.87	2.88	2.83
Altman Z-Score	0.00	0.00	0.00	0.00	0.00	3.44	3.79	3.56	4.07	4.27
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	1.18	1.35	2.49	2.38	2.63	2.75	2.51	2.72	2.67
Quick Ratio	0.00	0.43	0.38	1.27	1.43	1.52	1.19	1.27	1.68	1.48
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	0.00	0.00	0.00	-1,667	40	-576	33	109	-154
Operating Cash Flow to CapEx	0.00%	429.12%	-202.30%	38.25%	1,190.20%	525.65%	-102.73%	-84.98%	1,055.89%	421.86%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	-108.60	2.82	-41.18	2.34	7.79	-11.52
Operating Cash Flow to Interest Expense	0.00	0.00	-8.35	0.46	14.54	12.97	-3.09	-3.34	17.20	12.87
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	-12.48	-0.75	13.32	10.50	-6.10	-7.27	15.57	9.82
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	1.10	0.00	0.00	0.00	1.16	1.18	1.08	1.04	1.06
Accounts Receivable Turnover	0.00	12.06	0.00	0.00	0.00	11.87	15.92	6.83	6.14	10.86
Inventory Turnover	0.00	6.72	0.00	0.00	0.00	7.13	6.17	6.08	7.01	6.66
Fixed Asset Turnover	0.00	1.93	0.00	0.00	0.00	2.15	2.16	2.16	2.18	2.10
Accounts Payable Turnover	0.00	24.88	0.00	0.00	0.00	23.50	26.00	13.63	14.08	18.75
Days Sales Outstanding (DSO)	0.00	30.26	0.00	0.00	0.00	30.75	22.93	53.44	59.45	33.62
Days Inventory Outstanding (DIO)	0.00	54.28	0.00	0.00	0.00	51.20	59.16	60.05	52.07	54.84
Days Payable Outstanding (DPO)	0.00	14.67	0.00	0.00	0.00	15.53	14.04	26.78	25.92	19.47
Cash Conversion Cycle (CCC)	0.00	69.87	0.00	0.00	0.00	66.42	68.04	86.71	85.60	68.99
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	1,704	1,206	1,873	1,826	1,693	1,744	1,928	1,874	1,878
Invested Capital Turnover	0.00	1.49	0.00	0.00	0.00	1.67	1.93	1.51	1.56	1.62
Increase / (Decrease) in Invested Capital	0.00	0.00	0.00	0.00	1,826	-11	538	55	48	185
Enterprise Value (EV)	0.00	0.00	0.00	0.00	0.00	4,163	5,096	4,593	5,472	6,150
Market Capitalization	0.00	0.00	0.00	0.00	0.00	3,744	4,586	3,971	5,061	5,754
Book Value per Share	$0.00	$18.18	$17.23	$19.36	$21.97	$22.38	$21.53	$22.94	$25.59	$26.07
Tangible Book Value per Share	$0.00	$13.09	$12.15	$14.29	$16.92	$17.34	$16.50	$17.90	$20.56	$20.30
Total Capital	0.00	1,714	1,213	1,934	1,926	1,948	1,899	1,978	2,127	2,153
Total Debt	0.00	685	239	839	683	682	681	680	678	677
Total Long-Term Debt	0.00	447	0.36	832	676	675	674	672	670	667
Net Debt	0.00	675	231	771	567	419	510	622	411	396
Capital Expenditures (CapEx)	0.00	39	39	23	19	35	42	55	23	41
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	320	397	513	477	311	357	521	475	347
Debt-free Net Working Capital (DFNWC)	0.00	330	404	581	593	573	528	578	742	628
Net Working Capital (NWC)	0.00	92	166	574	586	566	521	571	734	618
Net Nonoperating Expense (NNE)	7.57	0.00	10	12	12	8.03	10	9.46	8.58	7.65
Net Nonoperating Obligations (NNO)	0.00	675	231	779	583	427	525	630	425	402
Total Depreciation and Amortization (D&A)	0.00	29	30	33	32	32	33	35	35	36
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	12.62%	0.00%	0.00%	0.00%	10.99%	12.52%	18.14%	16.44%	11.97%
Debt-free Net Working Capital to Revenue	0.00%	13.01%	0.00%	0.00%	0.00%	20.26%	18.50%	20.13%	25.70%	21.67%
Net Working Capital to Revenue	0.00%	3.62%	0.00%	0.00%	0.00%	20.01%	18.25%	19.88%	25.39%	21.30%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.00	$0.00	$2.59	$0.37	($0.84)	$1.38	$2.62	$0.40
Adjusted Weighted Average Basic Shares Outstanding	0.00	56.57M	0.00	0.00	56.57M	56.57M	56.59M	56.61M	56.61M	56.61M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$2.58	$0.38	($0.84)	$1.37	$2.60	$0.42
Adjusted Weighted Average Diluted Shares Outstanding	0.00	56.57M	0.00	0.00	56.74M	56.67M	56.59M	56.81M	56.87M	56.84M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	0.00	0.00	56.57M	56.58M	56.61M	56.61M	56.61M	56.61M
Normalized Net Operating Profit after Tax (NOPAT)	107	0.00	-31	69	158	29	-38	87	157	31
Normalized NOPAT Margin	10.99%	0.00%	-10.13%	8.81%	14.51%	4.44%	-11.41%	10.83%	14.18%	4.70%
Pre Tax Income Margin	13.62%	0.00%	-17.29%	9.79%	17.87%	4.14%	-19.40%	12.90%	17.89%	5.04%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	16.06	0.00	-4.61	5.01	13.69	2.90	-3.58	8.47	15.19	3.47
NOPAT to Interest Expense	12.16	0.00	-3.29	3.61	10.30	2.04	-2.69	6.27	11.24	2.31
EBIT Less CapEx to Interest Expense	16.06	0.00	-8.73	3.80	12.47	0.43	-6.59	4.54	13.56	0.42
NOPAT Less CapEx to Interest Expense	12.16	0.00	-7.41	2.40	9.08	-0.43	-5.70	2.34	9.61	-0.74
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Knife River's Financials

When does Knife River's fiscal year end?

According to the most recent income statement we have on file, Knife River's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Knife River's net income changed over the last 3 years?

Knife River's net income appears to be on an upward trend, with a most recent value of $201.68 million in 2024, rising from $129.76 million in 2021. The previous period was $182.87 million in 2023.

What is Knife River's operating income?

Knife River's total operating income in 2024 was $316.19 million, based on the following breakdown:

Total Gross Profit: $569.83 million
Total Operating Expenses: $253.64 million

How has Knife River revenue changed over the last 3 years?

Over the last 3 years, Knife River's total revenue changed from $2.23 billion in 2021 to $2.90 billion in 2024, a change of 30.1%.

How much debt does Knife River have?

Knife River's total liabilities were at $1.38 billion at the end of 2024, a 3.1% increase from 2023, and a 8.6% increase since 2022.

How much cash does Knife River have?

In the past 2 years, Knife River's cash and equivalents has ranged from $10.09 million in 2022 to $281.13 million in 2024, and is currently $281.13 million as of their latest financial filing in 2024.

How has Knife River's book value per share changed over the last 3 years?

Over the last 3 years, Knife River's book value per share changed from 0.00 in 2021 to 26.07 in 2024, a change of 2,607.3%.

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This page (NYSE:KNF) was last updated on 4/14/2025 by MarketBeat.com Staff

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Knife River (KNF) Financials

Frequently Asked Questions About Knife River's Financials

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Knife River (KNF) Financials

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