(KNF) Knife River - Overview

Sector: Basic Materials | Industry: Building Materials | Exchange: NYSE (USA) | Market Cap: 4.308m USD | Total Return: -23.9% in 12m

Aggregates, Ready-mix Concrete, Asphalt, Construction Services, Cement
Total Rating 29
Safety 66
Buy Signal -0.49
Building Materials
Industry Rotation: -14.6
Market Cap: 4.31B
Avg Turnover: 45.2M
Risk 3d forecast
Volatility54.2%
VaR 5th Pctl9.63%
VaR vs Median7.73%
Reward TTM
Sharpe Ratio-0.44
Rel. Str. IBD12.8
Rel. Str. Peer Group3.2
Character TTM
Beta0.778
Beta Downside0.768
Hurst Exponent0.556
Drawdowns 3y
Max DD44.15%
CAGR/Max DD0.53
CAGR/Mean DD1.86
EPS (Earnings per Share) EPS (Earnings per Share) of KNF over the last years for every Quarter: "2021-12": null, "2022-03": null, "2022-06": null, "2022-09": null, "2022-12": null, "2023-03": -0.725, "2023-06": 1, "2023-09": 2.65, "2023-12": 0.39, "2024-03": -0.83, "2024-06": 1.39, "2024-09": 2.59, "2024-12": 0.41, "2025-03": -1.2, "2025-06": 0.9, "2025-09": 2.53, "2025-12": 0.56, "2026-03": -1.39,
Last SUE: -0.28
Qual. Beats: 0
Revenue Revenue of KNF over the last years for every Quarter: 2021-12: 2228.93, 2022-03: 309.966, 2022-06: 711.813, 2022-09: 975.428, 2022-12: 537.522, 2023-03: 307.9, 2023-06: 785.189, 2023-09: 1090.372, 2023-12: 646.888, 2024-03: 329.59, 2024-06: 806.906, 2024-09: 1105.293, 2024-12: 657.216, 2025-03: 353.471, 2025-06: 833.759, 2025-09: 1203.717, 2025-12: 755.1, 2026-03: 410.131,
Rev. CAGR: 6.22%
Rev. Trend: 95.5%
Last SUE: 0.86
Qual. Beats: 1

Warnings

Choppy Below Avwap Earnings

Tailwinds

Confidence

Description: KNF Knife River

Knife River Corporation (KNF) is an aggregates-based construction materials and contracting services provider operating primarily in the Western, Mountain, and Central United States. The company utilizes a vertically integrated business model, mining raw materials like sand, gravel, and crushed stone to produce downstream products including ready-mix concrete and liquid asphalt. This integration allows the firm to capture margins across both the supply chain and the execution of heavy-civil construction projects.

The company serves a diverse client base ranging from federal and municipal governments to private commercial and residential developers. Its revenue streams are heavily tied to infrastructure development, such as highway and bridge construction, which often benefit from long-term public funding cycles. The aggregates industry is characterized by high barriers to entry due to stringent zoning regulations and the significant capital expenditure required for localized distribution networks.

Investors can evaluate the company’s valuation and historical performance trends on ValueRay. Knife River Corporation is headquartered in Bismarck, North Dakota, and has maintained operations in the construction materials sector since 1917.

Headlines to Watch Out For
  • Public infrastructure spending levels drive demand for heavy-civil construction and materials
  • Federal and state highway funding cycles impact long-term contracting revenue backlogs
  • Volatility in liquid asphalt and energy costs affects segment profit margins
  • Residential and commercial development activity influences ready-mix concrete and aggregate volumes
  • Regional economic growth in Western and Mountain states dictates geographic market performance
Piotroski VR‑10 (Strict) 6.0
Net Income: 146.6m TTM > 0 and > 6% of Revenue
FCF/TA: -0.00 > 0.02 and ΔFCF/TA -1.25 > 1.0
NWC/Revenue: 18.42% < 20% (prev 21.37%; Δ -2.95% < -1%)
CFO/TA 0.09 > 3% & CFO 345.2m > Net Income 146.6m
Net Debt (1.46b) to EBITDA (496.1m): 2.94 < 3
Current Ratio: 2.67 > 1.5 & < 3
Outstanding Shares: last quarter (56.7m) vs 12m ago 0.18% < -2%
Gross Margin: 18.29% > 18% (prev 0.19%; Δ 1.81k% > 0.5%)
Asset Turnover: 90.23% > 50% (prev 89.09%; Δ 1.14% > 0%)
Interest Coverage Ratio: 3.31 > 6 (EBITDA TTM 496.1m / Interest Expense TTM 87.3m)
Altman Z'' 2.80
A: 0.15 (Total Current Assets 942.3m - Total Current Liabilities 352.3m) / Total Assets 3.82b
B: 0.25 (Retained Earnings 945.4m / Total Assets 3.82b)
C: 0.08 (EBIT TTM 288.9m / Avg Total Assets 3.55b)
D: 0.41 (Book Value of Equity 935.9m / Total Liabilities 2.26b)
Altman-Z'' = 2.80 = A
Beneish M -3.05
DSRI: 0.87 (Receivables 227.3m/238.1m, Revenue 3.20b/2.92b)
GMI: 1.04 (GM 18.29% / 18.95%)
AQI: 1.05 (AQ_t 0.17 / AQ_t-1 0.17)
SGI: 1.10 (Revenue 3.20b / 2.92b)
TATA: -0.05 (NI 146.6m - CFO 345.2m) / TA 3.82b)
Beneish M = -3.05 (Cap -4..+1) = AA
What is the price of KNF shares? As of May 22, 2026, the stock is trading at USD 73.65 with a total of 558,866 shares traded.
Over the past week, the price has changed by -7.90%, over one month by -16.44%, over three months by -15.80% and over the past year by -23.91%.
Is KNF a buy, sell or hold? Knife River has received a consensus analysts rating of 4.56. Therefore, it is recommended to buy KNF.
  • StrongBuy: 7
  • Buy: 0
  • Hold: 2
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the KNF price?
Analysts Target Price 104.7 42.1%
Knife River (KNF) - Fundamental Data Overview as of 19 May 2026
P/E Trailing = 29.5331
P/E Forward = 27.4725
P/S = 1.345
P/B = 3.2913
P/EG = 1.6837
Revenue TTM = 3.20b USD
EBIT TTM = 288.9m USD
EBITDA TTM = 496.1m USD
Long Term Debt = 1.15b USD (from longTermDebt, last fiscal year)
Short Term Debt = 27.3m USD (from shortTermDebt, last quarter)
Debt = 1.54b USD (from shortLongTermDebtTotal, last quarter) + Leases 52.6m
Net Debt = 1.46b USD (calculated: Debt 1.54b - CCE 75.5m)
Enterprise Value = 5.77b USD (4.31b + Debt 1.54b - CCE 75.5m)
Interest Coverage Ratio = 3.31 (Ebit TTM 288.9m / Interest Expense TTM 87.3m)
EV/FCF = -1000.0x (Enterprise Value 5.77b / FCF TTM -5.26m)
FCF Yield = -0.09% (FCF TTM -5.26m / Enterprise Value 5.77b)
FCF Margin = -0.16% (FCF TTM -5.26m / Revenue TTM 3.20b)
Net Margin = 4.58% (Net Income TTM 146.6m / Revenue TTM 3.20b)
Gross Margin = 18.29% ((Revenue TTM 3.20b - Cost of Revenue TTM 2.62b) / Revenue TTM)
Gross Margin QoQ = -0.68% (prev 19.24%)
Tobins Q-Ratio = 1.51 (Enterprise Value 5.77b / Total Assets 3.82b)
Interest Expense / Debt = 1.35% (Interest Expense 20.7m / Debt 1.54b)
Taxrate = 26.31% (56.1m / 213.2m)
NOPAT = 212.9m (EBIT 288.9m * (1 - 26.31%))
Current Ratio = 2.67 (Total Current Assets 942.3m / Total Current Liabilities 352.3m)
Debt / Equity = 0.98 (Debt 1.54b / totalStockholderEquity, last quarter 1.56b)
Debt / EBITDA = 2.94 (Net Debt 1.46b / EBITDA 496.1m)
 Debt / FCF = -277.3 (out of range, set to none) (Net Debt 1.46b / FCF TTM -5.26m)
 Total Stockholder Equity = 1.57b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.13% (Net Income 146.6m / Total Assets 3.82b)
RoE = 9.35% (Net Income TTM 146.6m / Total Stockholder Equity 1.57b)
RoCE = 10.62% (EBIT 288.9m / Capital Employed (Equity 1.57b + L.T.Debt 1.15b))
RoIC = 6.23% (NOPAT 212.9m / Invested Capital 3.42b)
WACC = 6.69% (E(4.31b)/V(5.84b) * Re(8.72%) + D(1.54b)/V(5.84b) * Rd(1.35%) * (1-Tc(0.26)))
Discount Rate = 8.72% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 17.16 | Cagr: -0.08%
 [DCF] Fair Price = unknown (Cash Flow -5.26m)
 EPS Correlation: N/A | EPS CAGR: N/A | SUE: -0.28 | # QB: 0
Revenue Correlation: 95.52 | Revenue CAGR: 6.22% | SUE: 0.86 | # QB: 1
EPS current Quarter (2026-06-30): EPS=1.15 | Chg30d=+6.98% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=2.92 | Chg30d=+3.63% | Revisions=+43% | Analysts=2
EPS current Year (2026-12-31): EPS=3.37 | Chg30d=+4.70% | Revisions=+33% | GrowthEPS=+21.4% | GrowthRev=+9.2%
EPS next Year (2027-12-31): EPS=4.10 | Chg30d=+1.72% | Revisions=+50% | GrowthEPS=+21.8% | GrowthRev=+5.3%
[Analyst] Revisions Ratio: +50%