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Knife River KNF Central — Less write-offs charged against the allowance

Other segment segments

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$174K+138%
Mountain
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Energy Services
$37K-85.9%

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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%

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:AllowanceForDoubtfulAccountsReceivableWriteOffs.

The official record: Knife River’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Knife River's central — less write-offs charged against the allowance?
Knife River (KNF) reported central — less write-offs charged against the allowance of $11K in Q1 2026.
How has Knife River's central — less write-offs charged against the allowance changed year-over-year?
Knife River's central — less write-offs charged against the allowance decreased by 38.9% year-over-year, from $18K to $11K.
What does central — less write-offs charged against the allowance mean?
The actual amount of customer receivables deemed uncollectible and removed from the balance sheet during the period. This metric tracks the realization of credit risk within the Central segment's operations. It serves as a measure of the effectiveness of credit granting policies and the actual loss experience of the business.