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Knife River KNF Free cash flow margin

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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%
CapEx$77.3M+3.1%
Free cash flow-$135.9M+32.1%

Valuation

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Market cap$4.89B-9.4%
Enterprise value$6.3B-2.5%
P/E33.4×+3.5×
P/S1.5×-0.3×

Profitability

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

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

Calculated from Knife River’s reported figures.

Based on trailing twelve months.

The official record: Knife River’s 10-Q, filed August 5, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Knife River's free cash flow margin?
Knife River (KNF) reported free cash flow margin of -1.8% in Q2 2025.
How has Knife River's free cash flow margin changed year-over-year?
Knife River's free cash flow margin decreased by 133.4% year-over-year, from 5.4% to -1.8%.
What is the long-term trend for Knife River's free cash flow margin?
Over 3 years (2021 to 2024), Knife River's free cash flow margin has grown at a 154.3% compound annual growth rate (CAGR), from 0.3% to 5.2%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.