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Knife River KNF Energy Services — Goodwill

Other segment segments

Central
$322.82M+20.6%
West
$137.88M+11.5%
Mountain
$81.02M+202%

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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
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:Goodwill.

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 energy services — goodwill?
Knife River (KNF) reported energy services — goodwill of $31.37M in Q1 2026.
How has Knife River's energy services — goodwill changed year-over-year?
Knife River's energy services — goodwill decreased by 0.1% year-over-year, from $31.41M to $31.37M.
What is the long-term trend for Knife River's energy services — goodwill?
Over 2 years (2023 to 2025), Knife River's energy services — goodwill has grown at a 144.9% compound annual growth rate (CAGR), from $20.94M to $125.54M.
What does energy services — goodwill mean?
This reflects the intangible asset value recorded when the purchase price of an acquired business in the Energy Services segment exceeds the fair value of its net identifiable assets. It represents the premium paid for synergies, brand reputation, and customer relationships. Significant changes in this balance often signal impairment testing or recent acquisition activity.