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Knife River KNF Q1 2025 earnings

Reported May 6, 2025 · Before market open

Revenue$353.5MMiss by $510.6M
EPS-$1.21Miss by $0.32
Revenue estimate$864.1M
EPS estimate-$0.89

Next report

Aug 4, 2026 (In 6 days)
Revenue estimate$931.4M
EPS estimate$1.11

Financials

Q1 2025

Income statement

See full
Revenue$353.5M+7.2%
Gross profit-$9.6M-248%
Operating income-$82.7M-53.8%
Net income-$68.7M-44.3%
EPS (diluted)-$1.21-44.0%

Balance sheet

See full
Cash & equivalents$138.5M-18.9%
Total debt$1.2B+67.8%
Total equity$1.4B+15.5%
Total assets$3.3B+30.5%

Cash flow

See full
Operating cash flow-$125.3M-190%
CapEx$75.0M+71.6%
Free cash flow-$200.2M-130%

Valuation & ratios

Valuation

as of 03/31/25
See full
Market cap$5.11B+11.3%
Enterprise value$6.19B+20.3%
P/E28.3×+2.3×
P/S1.7×+0.1×

Profitability

See full
Gross margin18.9%0.0pp
Operating margin9.8%-0.2pp
Net margin6.2%0.0pp
FCF margin1.3%-7.4pp

Returns & leverage

See full
Return on equity13.8%-2.3pp
Debt / equity0.9×+0.3×
Current ratio2.9×+0.2×

Segments

By product

See full
Ready-mix concrete$108.5M+8.6%
Contracting services public-sector$99.2M+12.2%
Aggregates$81.4M-3.4%
Other$43.5M+11.5%
Contracting services private-sector$40.8M+10.1%

By segment

See full
West$208.3M-7.9%
Central$67.9M+1.2%
Mountain$66.0M+3.5%
Energy Services$13.9M-1.1%
Corporate Services and Eliminations-$3.6M+28.0%

Versus estimates

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Questions, answered.

When did Knife River report Q1 2025 earnings?
Knife River (KNF) reported Q1 2025 earnings on May 6, 2025 before market open.
What were Knife River's Q1 2025 revenue and EPS?
Knife River reported revenue of $353.5M and eps of $-1.21 for Q1 2025.
Did Knife River beat estimates in Q1 2025?
Revenue missed the consensus estimate of $864.1M by $510.6M. EPS missed the consensus estimate of $-0.89 by $0.32.
How did Knife River's Q1 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 7.2% from $329.6M a year earlier and eps declined 44.0% from $-0.84.
Where can I find Knife River's Q1 2025 SEC filings?
You can read the 10-Q periodic report (0001955520-25-000034) directly on SEC EDGAR. The filing index links above go to sec.gov.