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Knife River KNF Liquid asphalt — Revenue

Other product segments

Ready-mix concrete
$144.55M+33.3%
Contracting services public-sector
$114.06M+14.9%
Aggregates
$103.51M+27.2%
Other
$46.59M+7.1%
Contracting services private-sector
$33.76M-17.3%
Asphalt
$20.98M+30.0%

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$134.2M+0.7%
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GPORNatural gas liquid sales — Revenue
$31.48M+2.1%

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$3.83B-22.4%
Enterprise value$5.24B-16.4%
P/E26.1×-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:Revenues.

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
Three Months Ended March 31, 2026WestMountainCentralEnergy ServicesCorporate Services and EliminationsTotal
Aggregates$64,772$13,564$25,177$103,513
Ready-mix concrete73,95122,63647,958144,545
Asphalt12,7592,7975,41920,975
Liquid asphalt18,19218,192
Other34,60914,0174,0293,93246,588
Contracting services public-sector47,40640,04126,609114,056
Contracting services private-sector20,36310,8052,59333,761
Internal sales(42,876)(8,608)(10,579)(5,642)(3,794)(71,499)

Item 1. Financial Statements

FAQ

What is Knife River's liquid asphalt — revenue?
Knife River (KNF) reported liquid asphalt — revenue of $18.19M in Q1 2026.
How has Knife River's liquid asphalt — revenue changed year-over-year?
Knife River's liquid asphalt — revenue increased by 48.8% year-over-year, from $12.23M to $18.19M.
What is the long-term trend for Knife River's liquid asphalt — revenue?
Over 4 years (2021 to 2025), Knife River's liquid asphalt — revenue has grown at a 15.6% compound annual growth rate (CAGR), from $166.05M to $296.03M.
What does liquid asphalt — revenue mean?
This metric represents the total gross revenue generated from the sale and distribution of liquid asphalt products. It reflects the company's market position and demand for essential paving and construction binding materials used in infrastructure projects. Monitoring this revenue stream helps assess the performance of the asphalt-related business segment and its contribution to the overall construction materials portfolio.

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