KNF Stock Analysis: Knife River | NYSE
Building Materials | NYSE, USA | Market Cap: 2.857m USD | 12M Return: -25% | US4988941047 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 61.1M
Qual. Beats: -1
Rev. Trend: 95.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 3.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Knife River Corporation (NYSE: KNF) is a U.S.-based provider of aggregates-based construction materials and contracting services, headquartered in Bismarck, North Dakota, and founded in 1917. The company operates through four reportable segments-West, Mountain, Central, and Energy Services-and is vertically integrated across the construction materials supply chain. Its core activities include mining, processing, and selling construction aggregates such as crushed stone, sand, and gravel, as well as producing and selling asphalt, ready-mix concrete, cement, and liquid asphalt. Beyond materials production, Knife River offers contracting services including heavy-civil construction, asphalt and concrete paving, and site development and grading.
The company serves a mix of public- and private-sector customers, with public-sector work-such as highways, local roads, bridges, and other public-infrastructure projects-forming a meaningful portion of its contracting revenue. Private-sector customers include industrial, commercial, and residential developers along with other private parties. Knife River began trading publicly on June 1, 2023, and is classified under the GICS Materials sector. Its business model is closely tied to U.S. infrastructure spending and nonresidential construction activity, and the integration of materials production with in-house contracting capabilities allows the company to capture margin across multiple stages of project delivery.
- Federal infrastructure spending lifts aggregates volumes across West and Mountain segments
- Energy Services revenue tracks Bakken oil and gas drilling activity
- Aggregates pricing power expands margins despite fuel and labor cost pressure
| Net Income: 139.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.01 > 0.02 and ΔFCF/TA 2.49 > 1.0 |
| NWC/Revenue: 24.02% < 20% (prev 23.94%; Δ 0.08% < -1%) |
| CFO/TA 0.07 > 3% & CFO 312.7m > Net Income 139.9m |
| Net Debt (1.68b) to EBITDA (493.7m): 3.40 < 3 |
| Current Ratio: 2.66 > 1.5 & < 3 |
| Outstanding Shares: last quarter (56.7m) vs 12m ago -0.35% < -2% |
| Gross Margin: 17.88% > 18% (prev 18.13%; Δ -0.25% > 0.5%) |
| Asset Turnover: 84.71% > 50% (prev 81.23%; Δ 3.48% > 0%) |
| Interest Coverage Ratio: 3.13 > 6 (EBIT TTM 280.4m / Interest Expense TTM 89.5m) |
| A: 0.19 (Total Current Assets 1.27b - Total Current Liabilities 477.2m) / Total Assets 4.18b |
| B: 0.24 (Retained Earnings 989.3m / Total Assets 4.18b) |
| C: 0.07 (EBIT TTM 280.4m / Avg Total Assets 3.90b) |
| D: 0.62 (Book Value of Equity 1.61b / Total Liabilities 2.57b) |
| Altman-Z'' = 3.16 = A |
| DSRI: 0.99 (Receivables 474.0m/428.1m, Revenue 3.31b/2.95b) |
| GMI: 1.01 (GM 18.13% / 17.88%) |
| AQI: 1.06 (AQ_t 0.16 / AQ_t-1 0.15) |
| SGI: 1.12 (Revenue 3.31b / 2.95b) |
| TATA: -0.04 (NI 139.9m - CFO 312.7m) / TA 4.18b) |
| Beneish M = -2.90 (Cap -4..+1) = A |
As of October 10, 2026, the stock is trading at USD 49.84 with a total of 598,000 shares traded. Over the past week, the price has changed by -0.97%, over one month by -14.02%, over three months by -36.36% and over the past year by -25.01%.
Current recommended Stop Loss: 46.40 (which is 6.9% or 1.4 ATR below the current price).
Knife River has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy KNF.
- StrongBuy: 4
- Buy: 1
- Hold: 2
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 85.4 | 71.3% |
P/E Trailing = 20.4594
P/E Forward = 13.6054
P/S = 0.8638
P/B = 1.8179
P/EG = 1.6167
Revenue TTM = 3.31b USD
EBIT TTM = 280.4m USD
EBITDA TTM = 493.7m USD
Long Term Debt = 1.60b USD (from longTermDebt, last quarter)
Short Term Debt = 33.8m USD (from shortTermDebt, last quarter)
Debt = 1.72b USD (from shortLongTermDebtTotal, last quarter) + Leases 51.3m
Net Debt = 1.68b USD (calculated: Debt 1.72b - CCE 40.7m)
Enterprise Value = 4.54b USD (2.86b + Debt 1.72b - CCE 40.7m)
Interest Coverage Ratio = 3.13 (Ebit TTM 280.4m / Interest Expense TTM 89.5m)
EV/FCF = 105.3x (Enterprise Value 4.54b / FCF TTM 43.1m)
FCF Yield = 0.95% (FCF TTM 43.1m / Enterprise Value 4.54b)
FCF Margin = 1.30% (FCF TTM 43.1m / Revenue TTM 3.31b)
Net Margin = 4.23% (Net Income TTM 139.9m / Revenue TTM 3.31b)
Gross Margin = 17.88% ((Revenue TTM 3.31b - Cost of Revenue TTM 2.72b) / Revenue TTM)
Gross Margin QoQ = 17.34% (prev -0.68%)
Tobins Q-Ratio = 1.09 (Enterprise Value 4.54b / Total Assets 4.18b)
Interest Expense / Debt = 5.20% (Interest Expense 89.5m / Debt 1.72b)
Taxrate = 26.74% (51.0m / 190.9m)
NOPAT = 205.4m (EBIT 280.4m * (1 - 26.74%))
Current Ratio = 2.66 (Total Current Assets 1.27b / Total Current Liabilities 477.2m)
Debt / Equity = 1.07 (Debt 1.72b / totalStockholderEquity, last quarter 1.61b)
Debt / EBITDA = 3.40 (Net Debt 1.68b / EBITDA 493.7m)
Debt / FCF = 39.00 (Net Debt 1.68b / FCF TTM 43.1m)
Total Stockholder Equity = 1.60b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.58% (Net Income 139.9m / Total Assets 4.18b)
RoE = 8.72% (Net Income TTM 139.9m / Total Stockholder Equity 1.60b)
RoCE = 8.75% (EBIT 280.4m / Capital Employed (Equity 1.60b + L.T.Debt 1.60b))
RoIC = 5.56% (NOPAT 205.4m / Invested Capital 3.69b)
WACC = 6.16% (E(2.86b)/V(4.58b) * Re(7.58%) + D(1.72b)/V(4.58b) * Rd(5.20%) * (1-Tc(0.27)))
Discount Rate = 7.58% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 6.52 | Cagr: 0.08%
[DCF] Terminal Value 75.44% ; FCFF base≈43.1m ; Y1≈43.2m ; Y5≈45.8m
[DCF] Fair Price = N/A (negative equity: EV 712.4m - Net Debt 1.68b = -966.9m; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -1.40 | # QB: -1
Revenue Correlation: 95.53 | Revenue CAGR: 6.22% | SUE: 0.06 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.64 | Chg30d=-5.38% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=2.66 | Chg30d=-6.71% | Revisions=+0% | GrowthEPS=-3.9% | GrowthRev=+9.8%
EPS next Year (2027-12-31): EPS=3.50 | Chg30d=-12.00% | Revisions=+0% | GrowthEPS=+31.3% | GrowthRev=+4.1%
[Analyst] Revisions Ratio: +0% (up=1, down=1)