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Other financials

Income statement

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Revenue$410.1M+16.0%
Gross profit-$2.8M+71.1%
Operating income-$86.2M-4.3%
Net income-$79.2M-15.2%
EPS (diluted)-$1.40-15.7%

Balance sheet

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Cash & equivalents$75.5M-45.5%
Total debt$1.5B+21.7%
Total equity$1.6B+10.8%
Total assets$3.8B+16.4%

Cash flow

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Operating cash flow-$58.6M+53.3%
Free cash flow-$135.9M+32.1%

Valuation

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Market cap$3.85B-22.4%
Enterprise value$5.26B-16.4%
P/E26.3×-6.1×
P/S1.2×-0.5×

Profitability

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Gross margin18.2%-0.7pp
Operating margin8.8%-1.0pp
Net margin4.6%-1.6pp
FCF margin-1.8%-7.2pp

Returns & leverage

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Return on equity9.9%-3.9pp
Debt / equity+0.1×
Current ratio2.7×-0.3×

Where this comes from

Reported directly by Knife River in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The source filing: Knife River’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:48 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-030688
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Other noncurrent changes4,7623,140
Net cash used in operating activities(58,550)(125,277)
Investing activities:
Capital expenditures(77,316)(74,958)
Acquisitions, net of cash acquired(174,228)(443,439)
Net proceeds from sale or disposition of property and other3,10117,524
Investments(2,612)(2,760)
Net cash used in investing activities(251,055)(503,633)

Item 1. Financial Statements

FAQ

What is Knife River's capex?
Knife River (KNF) reported capex of $77.32M in Q1 2026.
How has Knife River's capex changed year-over-year?
Knife River's capex increased by 3.1% year-over-year, from $74.96M to $77.32M.
What is the long-term trend for Knife River's capex?
Over 4 years (2021 to 2025), Knife River's capex has grown at a 18.9% compound annual growth rate (CAGR), from $174.23M to $348.04M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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