Knife River KNF Provision for Credit Losses

Provision for Credit Losses at other companies

Vulcan Materials CompanyVMC

$425K-54.1%

Construction PartnersROAD

$141K+76.3%

TerexTEX

$1M0.0%

CaterpillarCAT

$37M-14.0%

Questions, answered.

What does provision for credit losses mean?

Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.