Knife River KNF Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| Central | $1.04B+3.3% | $1B+6.3% | $944.94M+9.2% | $865.45M+4.9% | $824.93M+0.1% | |
| Corporate Services and Eliminations | $428K-31.6% | $626K-78.8% | $2.95M-4.2% | $3.09M+51.9% | $2.03M+222% | |
| Energy Services | $344.54M+1.9% | $338.04M-1.0% | $341.36M+14.5% | $298.06M+7.7% | $276.83M-0.1% | |
| Mountain | $659.28M+2.4% | $644.04M+3.9% | $620.11M-4.8% | $651.41M-2.7% | $669.23M+0.3% | |
| West | $1.21B+0.3% | $1.21B+1.5% | $1.19B+1.1% | $1.18B-1.3% | $1.19B-1.5% | |
| Total segment EBITDA by Business | ||||||
| Central | $157.09M-1.6% | $159.63M+3.6% | $154.15M+14.8% | $134.25M+6.5% | $126.04M-4.2% | |
| Energy Services | $58.06M+5.8% | $54.89M-6.2% | $58.5M+11.3% | $52.56M-4.2% | $54.85M-8.8% | |
| Mountain | $107.62M+8.1% | $99.58M+20.9% | $82.35M-9.6% | $91.09M-11.8% | $103.3M-9.0% | |
| West | $231.41M-1.2% | $234.11M+9.5% | $213.85M+3.1% | $207.39M-3.6% | $215.17M+2.6% | |
| Other segment items by Business | ||||||
| Central | $561K+4.9% | $535K+21.3% | $441K+14.8% | $384K-4.5% | $402K-19.8% | |
| Energy Services | $132K0.0% | $132K+18.9% | $111K+14.4% | $97K+223% | $30K-70.9% | |
| Mountain | $221K-9.1% | $243K+18.5% | $205K+26.5% | $162K+175% | $59K-45.9% | |
| West | -$911K-132% | $2.83M+19.6% | $2.37M+1.0% | $2.35M+13.0% | $2.08M+256% | |
| Cost of revenue excluding depreciation, depletion and amortization by Business | ||||||
| Central | $805.66M+4.0% | $774.54M+7.0% | $723.83M+8.5% | $666.85M+4.4% | $638.59M+0.3% | |
| Energy Services | $271.42M+1.4% | $267.7M-0.5% | $268.97M+15.5% | $232.78M+10.8% | $210.13M+1.7% | |
| Mountain | $517.43M+0.9% | $512.62M+1.9% | $503.26M-4.2% | $525.14M-1.3% | $531.92M+2.2% | |
| West | $891.18M+0.1% | $890.18M-0.5% | $894.83M+0.9% | $887.28M-0.9% | $895.24M-2.4% | |
| Total Assets by Business | ||||||
| Central | $5.42B+4.0% | $5.21B+15.2% | $4.53B+16.7% | $3.88B+19.1% | $3.26B+19.7% | |
| Energy Services | $1.11B-1.2% | $1.12B-0.9% | $1.13B+11.7% | $1.01B+13.2% | $894.47M+16.2% | |
| Mountain | $1.77B+13.7% | $1.56B+1.9% | $1.53B+2.0% | $1.5B+1.9% | $1.47B+2.9% | |
| West | $6.06B+3.7% | $5.84B+4.3% | $5.6B+4.2% | $5.38B+3.4% | $5.2B+1.2% | |
| Selling, general and administrative expenses by Business | ||||||
| Central | $76M+6.7% | $71.2M+5.6% | $67.41M+4.1% | $64.74M+6.6% | $60.7M+7.5% | |
| Energy Services | $15.19M-2.5% | $15.58M+11.2% | $14.01M+9.2% | $12.82M+7.9% | $11.89M+16.4% | |
| Mountain | $34.45M+7.4% | $32.09M-7.5% | $34.7M-1.8% | $35.34M+3.7% | $34.07M+2.1% | |
| West | $89.79M+1.6% | $88.35M+2.7% | $86.03M-1.2% | $87.11M+0.6% | $86.63M+2.3% | |
| Goodwill Acquired During the Year by Business | ||||||
| Central | $60.63M-71.5% | $212.96M— | —— | —— | —— | |
| Energy Services | $0— | $0-100% | $21.94M0.0% | $21.94M0.0% | $21.94M0.0% | |
| Mountain | $54.21M— | $0— | $0— | $0— | $0— | |
| West | $11.9M0.0% | $11.9M-0.3% | $11.94M+15,815% | $75K0.0% | $75K0.0% | |
| CapEx by Business | ||||||
| Central | $114.71M+3.1% | $111.25M+9.3% | $101.81M+42.3% | $71.52M-4.2% | $74.68M+34.9% | |
| Energy Services | $10.18M+6.1% | $9.6M-91.7% | $115.44M+0.3% | $115.06M-1.6% | $116.95M-0.7% | |
| Mountain | $49.33M+12.1% | $44.01M-18.9% | $54.29M+3.0% | $52.72M-1.9% | $53.75M+11.2% | |
| West | $170.68M-8.8% | $187.21M+1.4% | $184.66M+2.8% | $179.65M+80.1% | $99.75M+9.1% | |
| Goodwill by Business | ||||||
| Central | $1.2B+4.8% | $1.15B+22.2% | $940.04M+20.4% | $780.56M+27.2% | $613.62M+33.2% | |
| Energy Services | $125.5M0.0% | $125.54M0.0% | $125.57M+21.1% | $103.68M+26.8% | $81.78M+36.7% | |
| Mountain | $161.47M+50.5% | $107.26M0.0% | $107.26M0.0% | $107.26M0.0% | $107.26M0.0% | |
| West | $535.53M+2.7% | $521.32M+2.7% | $507.42M+2.6% | $494.66M0.0% | $494.59M0.0% | |
| Goodwill, Measurement Period Adjustment by Business | ||||||
| Mountain | $0— | $0— | $0— | $0— | $0— | |
| West | $2.3M+15.3% | $2M+144% | $819K— | $0— | $0— | |
| Less expected credit loss by Business | ||||||
| Central | $5.76M+14.5% | $5.03M+15.7% | $4.35M+14.6% | $3.8M+10.0% | $3.45M+3.9% | |
| Energy Services | $2.45M+43.5% | $1.71M+77.0% | $964K+62.3% | $594K+12.5% | $528K+14.3% | |
| Mountain | $1.64M-27.6% | $2.27M-18.3% | $2.77M-18.4% | $3.4M-7.1% | $3.65M-28.1% | |
| West | $9.53M-1.1% | $9.64M-0.8% | $9.71M-0.6% | $9.77M-0.6% | $9.83M-5.1% | |
| Less write-offs charged against the allowance by Business | ||||||
| Central | $64K-9.9% | $71K-9.0% | $78K-54.1% | $170K-56.1% | $387K+4.0% | |
| Energy Services | -$133K-243% | $93K+31.0% | $71K+18.3% | $60K-77.7% | $269K+4,383% | |
| Mountain | $986K+4.7% | $942K-13.5% | $1.09M+146% | $442K-71.6% | $1.55M+0.4% | |
| West | $596K+20.4% | $495K+17.0% | $423K-14.9% | $497K-49.7% | $989K-0.7% | |
| Current expected credit loss provision by Business | ||||||
| Central | $792K+5.3% | $752K+19.0% | $632K+23.0% | $514K-0.8% | $518K-9.9% | |
| Energy Services | $609K-27.1% | $835K+89.3% | $441K+250% | $126K-62.4% | $335K+365% | |
| Mountain | $360K-17.4% | $436K-6.4% | $466K+155% | $183K+47.6% | $124K+254% | |
| West | $489K+15.9% | $422K+16.6% | $362K-17.7% | $440K-5.0% | $463K+11.0% | |
| Revenue by Product | ||||||
| Aggregates | $639.25M+3.6% | $617.13M+5.4% | $585.39M+4.4% | $560.82M+1.4% | $553.27M-0.5% | |
| Asphalt | $425.82M+1.1% | $420.98M+0.7% | $418.04M-3.4% | $432.65M-1.9% | $441.1M-0.1% | |
| Contracting services private-sector | $251.94M-2.7% | $259.01M+19.3% | $217.11M-2.4% | $222.4M-7.2% | $239.77M+1.6% | |
| Contracting services public-sector | $1.14B+1.3% | $1.12B+0.3% | $1.12B+0.2% | $1.12B-1.3% | $1.13B+1.0% | |
| Liquid asphalt | $302M+2.0% | $296.03M-0.9% | $298.57M+14.5% | $260.72M+8.6% | $240.13M+0.5% | |
| Other | $282.92M+1.1% | $279.82M+2.2% | $273.85M+0.6% | $272.14M+0.7% | $270.3M+1.7% | |
| Ready-mix concrete | $815.51M+4.6% | $779.42M+5.6% | $738.42M+6.9% | $690.51M+4.0% | $664.05M+1.3% | |
| Cost of revenue: by Product | ||||||
| Construction materials | $1.38B+2.9% | $1.34B+1.5% | $1.32B+6.6% | $1.24B+5.7% | $1.17B+2.1% | |
| Contracting services | $1.24B+0.9% | $1.23B+4.0% | $1.18B+0.5% | $1.18B-1.7% | $1.2B+1.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Knife River break its business down?
- Knife River (KNF) reports revenue by business across 5 parts — Central, Corporate Services and Eliminations, Energy Services, Mountain and West. Each is extracted from the segment footnotes and tracked over time.
- Where does Knife River's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Knife River's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.