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Knife River KNF North Central — Goodwill, Measurement Period Adjustment

Other segment segments

Central
-$1.09M
West
$306K
Energy Services
$0
Mountain
$0

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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:GoodwillPurchaseAccountingAdjustments.

The official record: Knife River’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Knife River's north central — goodwill, measurement period adjustment?
Knife River (KNF) reported north central — goodwill, measurement period adjustment of -$1.1M in Q4 2025.
What does north central — goodwill, measurement period adjustment mean?
This represents adjustments made to the initial purchase price allocation for acquisitions within the North Central segment during the measurement period. These adjustments reflect new information obtained about facts and circumstances that existed at the acquisition date.