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Knife River KNF West — Goodwill, Measurement Period Adjustment

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North Central
-$1.1M
Central
-$1.09M
Energy Services
$0
Mountain
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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-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Knife River's west — goodwill, measurement period adjustment?
Knife River (KNF) reported west — goodwill, measurement period adjustment of $306K in Q1 2026.
What does west — goodwill, measurement period adjustment mean?
Adjustments made to the initial purchase price allocation of an acquisition within the measurement period, typically within one year of the transaction. These changes reflect new information obtained about facts and circumstances that existed at the acquisition date. It indicates the refinement of valuation estimates for acquired assets and liabilities.