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Knife River KNF Central — Current expected credit loss provision

Other segment segments

West
$67K
Energy Services
$37K-85.9%
Mountain
$30K

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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$3.79B-23.4%
Enterprise value$5.2B-17.2%
P/E25.9×-6.5×
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:ProvisionForDoubtfulAccounts.

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 itemWestMountainCentralEnergy ServicesTotal
As of December 31, 2025$2,405$274$1,602$908$5,189
Current expected credit loss provision67(34)7037140
Less write-offs charged against the allowance174521137274
At March 31, 2026$2,298$188$1,661$908$5,055

Item 1. Financial Statements

FAQ

What is Knife River's central — current expected credit loss provision?
Knife River (KNF) reported central — current expected credit loss provision of $70K in Q1 2026.
How has Knife River's central — current expected credit loss provision changed year-over-year?
Knife River's central — current expected credit loss provision increased by 133.3% year-over-year, from $30K to $70K.
What does central — current expected credit loss provision mean?
The expense recognized during the period to increase the allowance for credit losses based on the expected collectability of receivables. This reflects the anticipated risk of default for customers within the Central segment's construction and materials operations. Higher provisions indicate a more conservative outlook on customer creditworthiness or deteriorating economic conditions in the region.

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