KNF Stock Analysis: Knife River | NYSE

Aggregates, Asphalt, Concrete, Paving

Total Rating 34

Safety 70

Buy Signal -1.36

Building Materials
Industry Rotation: -9.6

Market Cap: 3.83B
Avg Turnover: 44.9M

Risk 3d forecast

Volatility60.8%

VaR 5^th Pctl10.8%

VaR vs Median7.53%

Reward TTM

Sharpe Ratio-0.55

Rel. Str. IBD5.6

Rel. Str. Peer Group21.9

Character TTM

Beta0.504

Beta Downside0.600

Hurst Exponent0.529

Drawdowns 3y

Max DD44.15%

CAGR/Max DD0.24

CAGR/Mean DD0.76

EPS (Earnings per Share)

Last SUE: -1.40
Qual. Beats: -1

Revenue

Rev. CAGR: 6.22%
Rev. Trend: 95.5%

Last SUE: 0.06
Qual. Beats: 0

Warnings

Volatile

Below Avwap Earnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 3.2 years of data

Jan -0.9% 0

Feb +12.1% 0

Mar -5.1% 32

Apr +9.8% 31

May -10.9% 43

Jun -2.2% 11

Jul +0.1% 11

Aug -2.3% 28

Sep +0.9% 0

Oct -10.6% 29

Nov +11.6% 0

Dec -3.5% 30

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.

Description: KNF Knife River

Knife River Corporation (NYSE: KNF) is a U.S.-based provider of aggregates-based construction materials and contracting services, operating through four reportable segments: West, Mountain, Central, and Energy Services. The company is vertically integrated across the construction materials supply chain, mining and processing aggregates such as crushed stone, sand, and gravel, and converting them into higher-value products including asphalt, ready-mix concrete, and liquid asphalt used in road construction.

Beyond materials production, Knife River performs contracting services such as heavy-civil construction, asphalt and concrete paving, and site development and grading. Its customer base spans public-sector clients - federal, state, and municipal governments - as well as private-sector buyers including industrial, commercial, and residential developers. The public-sector channel is particularly significant, as the companys contracting work is largely tied to highways, local roads, bridges, and other public-infrastructure projects, making it sensitive to government infrastructure spending and highway funding programs.

The aggregates industry is highly cyclical and demand-driven, closely correlated with non-residential construction activity, residential housing starts, and public infrastructure investment. Knife River was founded in 1917 and is headquartered in Bismarck, North Dakota, and operates as a mid-cap Materials-sector company following its 2023 public listing.

Headlines to Watch Out For

Federal infrastructure bill boosts state DOT aggregate orders
Energy Services revenue tracks oilfield drilling activity
Aggregates pricing gains offset fuel and labor inflation

Piotroski VR-10 (Strict) 4.5

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 (490.6m): 3.42 < 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: 3.10 > 6 (EBIT TTM 277.3m / Interest Expense TTM 89.5m)

Altman Z'' 3.15

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 277.3m / Avg Total Assets 3.90b)
D: 0.62 (Book Value of Equity 1.61b / Total Liabilities 2.57b)
Altman-Z'' = 3.15 = A

Beneish M -2.90

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

What is the price of KNF shares?

As of August 15, 2026, the stock is trading at USD 65.92 with a total of 432,166 shares traded. Over the past week, the price has changed by -2.36%, over one month by -15.93%, over three months by -17.23% and over the past year by -30.30%.

Current recommended Stop Loss: 60.80 (which is 7.8% or 1.4 ATR below the current price).

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	96.9	47%

Knife River (KNF) - Fundamental Data Overview as of 12 August 2026

Market Cap USD = 3.83b (3.83b USD * 1.0 USD.USD)
P/E Trailing = 27.2258
P/E Forward = 24.0385
P/S = 1.1586
P/B = 2.3612
P/EG = 1.6167
Revenue TTM = 3.31b USD
EBIT TTM = 277.3m USD
EBITDA TTM = 490.6m 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 = 5.51b USD (3.83b + Debt 1.72b - CCE 40.7m)
Interest Coverage Ratio = 3.10 (Ebit TTM 277.3m / Interest Expense TTM 89.5m)
EV/FCF = 128.0x (Enterprise Value 5.51b / FCF TTM 43.1m)
FCF Yield = 0.78% (FCF TTM 43.1m / Enterprise Value 5.51b)
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 = 1.32 (Enterprise Value 5.51b / Total Assets 4.18b)
Interest Expense / Debt = 5.20% (Interest Expense 89.5m / Debt 1.72b)
Taxrate = 26.74% (51.0m / 190.9m)
NOPAT = 203.1m (EBIT 277.3m * (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 = 3.42 (Net Debt 1.68b / EBITDA 490.6m)
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 = 8.66% (EBIT 277.3m / Capital Employed (Equity 1.60b + L.T.Debt 1.60b))
RoIC = 5.50% (NOPAT 203.1m / Invested Capital 3.69b)
WACC = 6.53% (E(3.83b)/V(5.55b) * Re(7.75%) + D(1.72b)/V(5.55b) * Rd(5.20%) * (1-Tc(0.27)))
Discount Rate = 7.75% (= 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=2.79 | Chg30d=-3.46% | Revisions=+50% | Analysts=1
EPS current Year (2026-12-31): EPS=2.85 | Chg30d=-11.15% | Revisions=-25% | GrowthEPS=+3.0% | GrowthRev=+10.0%
EPS next Year (2027-12-31): EPS=3.95 | Chg30d=-3.01% | Revisions=-40% | GrowthEPS=+38.3% | GrowthRev=+5.4%
[Analyst] Revisions Ratio: +0% (up=3, down=3)