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Knife River share price today

Knife River Corporation · KNF · Materials · Building Materials · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Knife River share price: $62.24 at the close on 4 November 2026, −12.3% in a year.

Getting worseBusiness trend from the last 12 quarters
$62.24Price −12.3% in a year
26.3×P/E higher than 52% of the last 3.4 years
$939 MRevenue (Jun 2026) +12.6% on a year ago
$43.9 MProfit (Jun 2026) −13.3% on a year ago
8.8%Operating margin −2.0 points on a year ago
10%ROE FY25
6.3%ROIC against a 6.2% cost of capital: +0.1 points

Knife River Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

The price has been falling for 16 weeks, and the P/E is higher than 52% of its own last 3.4 years. Over the last four quarters, results have been deteriorating, with profit −13.3% on a year earlier, and 173% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.

What is the Knife River share price today?

Knife River Corporation's share price was $62.24 at the close on 4 November 2026. It has been falling for 16 weeks. That is 15.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $50 and $93, and at that close it sat 29% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Knife River Corporation is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 18 weeks running.

1Y

Nov 2026: $62.24, 15.7% below its 200-day average. The price has been falling for 16 weeks.

  • Price $62.24
  • 50-day avg $55.35
  • 200-day avg $73.86
Nov 2026: $62.24, 15.7% below its 200-day average. The price has been falling for 16 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025$60.46$73.02$86.74
7 Nov 2025$70.99$71.12$85.81
14 Nov 2025$69.62$70.28$85.01
21 Nov 2025$70.65$69.25$84.16
28 Nov 2025$74.84$69.08$83.63
5 Dec 2025$74.64$69.11$82.93
12 Dec 2025$77.29$69.34$82.50
19 Dec 2025$73.46$69.86$82.10
26 Dec 2025$73.68$70.24$81.80
2 Jan 2026$72.74$70.80$81.40
9 Jan 2026$79.85$72.17$80.95
16 Jan 2026$83.33$74.02$80.65
23 Jan 2026$73.46$74.43$80.41
30 Jan 2026$67.17$74.37$79.90
6 Feb 2026$80.00$74.88$79.51
13 Feb 2026$80.77$75.48$79.22
20 Feb 2026$90.70$76.75$79.13
27 Feb 2026$88.98$77.97$78.99
6 Mar 2026$80.20$79.13$78.62
13 Mar 2026$78.47$79.81$78.18
20 Mar 2026$80.90$80.61$77.86
27 Mar 2026$80.20$81.23$77.69
2 Apr 2026$73.91$81.15$77.61
10 Apr 2026$84.06$82.01$77.61
17 Apr 2026$89.12$83.55$77.73
24 Apr 2026$89.15$84.53$77.94
1 May 2026$92.98$84.87$78.24
8 May 2026$90.43$84.94$78.46
15 May 2026$75.90$84.25$78.43
22 May 2026$72.20$83.52$78.13
29 May 2026$78.51$83.24$77.90
5 Jun 2026$74.16$82.53$77.56
12 Jun 2026$76.92$81.80$77.19
18 Jun 2026$86.24$82.32$77.23
26 Jun 2026$92.96$82.74$77.51
2 Jul 2026$84.88$82.47$77.62
10 Jul 2026$81.09$81.72$77.76
17 Jul 2026$81.71$80.79$77.95
24 Jul 2026$78.06$79.88$78.09
31 Jul 2026$73.17$79.86$78.28
7 Aug 2026$66.80$79.42$78.37
14 Aug 2026$66.40$78.32$78.47
21 Aug 2026$66.17$77.49$78.60
28 Aug 2026$64.24$76.04$78.47
4 Sep 2026$61.83$73.36$78.27
11 Sep 2026$57.63$71.13$78.05
18 Sep 2026$54.44$68.50$77.60
25 Sep 2026$54.58$65.80$77.08
2 Oct 2026$50.33$63.01$76.45
9 Oct 2026$49.84$60.47$75.89
16 Oct 2026$50.50$58.27$75.30
23 Oct 2026$53.12$56.76$74.76
30 Oct 2026$57.50$55.69$74.17
4 Nov 2026$62.24$55.35$73.86
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: $62.24, 15.7% below its 200-day average. The price has been falling for 16 weeks.

  • Price $62.24
  • 50-day avg $55.35
  • 200-day avg $73.86
Nov 2026: $62.24, 15.7% below its 200-day average. The price has been falling for 16 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023$54.71$50.32–
10 Nov 2023$56.03$50.95–
17 Nov 2023$57.65$51.65–
24 Nov 2023$58.75$52.12–
1 Dec 2023$60.46$53.18–
8 Dec 2023$62.53$54.46–
15 Dec 2023$64.32$55.97–
22 Dec 2023$65.51$57.29–
29 Dec 2023$66.18$58.42–
5 Jan 2024$64.00$59.49–
12 Jan 2024$63.95$61.02–
19 Jan 2024$63.97$61.67–
26 Jan 2024$65.99$62.51–
2 Feb 2024$69.00$63.53–
9 Feb 2024$68.33$64.36–
16 Feb 2024$69.59$65.20–
23 Feb 2024$72.33$65.94–
1 Mar 2024$74.49$66.84–
8 Mar 2024$76.12$67.86–
15 Mar 2024$75.26$68.94$55.48
22 Mar 2024$78.97$70.31$56.49
28 Mar 2024$81.08$71.63$57.25
5 Apr 2024$80.77$73.16$58.08
12 Apr 2024$81.45$74.61$58.94
19 Apr 2024$75.40$75.65$59.77
26 Apr 2024$78.25$76.61$60.64
3 May 2024$78.99$77.44$61.51
10 May 2024$78.53$78.02$62.38
17 May 2024$74.07$78.13$63.20
24 May 2024$72.22$77.71$63.80
31 May 2024$70.71$77.27$64.20
7 Jun 2024$68.75$76.16$64.67
14 Jun 2024$68.97$75.20$65.19
21 Jun 2024$68.07$74.37$65.57
28 Jun 2024$70.14$73.41$66.06
5 Jul 2024$71.27$72.88$66.45
12 Jul 2024$76.55$72.43$67.07
19 Jul 2024$76.89$72.29$67.80
26 Jul 2024$80.00$72.38$68.52
2 Aug 2024$73.30$72.68$69.15
9 Aug 2024$73.29$72.76$69.67
16 Aug 2024$75.43$73.26$70.31
23 Aug 2024$79.48$73.97$70.86
30 Aug 2024$78.87$74.76$71.41
6 Sep 2024$74.53$75.15$71.76
13 Sep 2024$83.99$76.11$72.28
20 Sep 2024$90.76$77.82$73.03
27 Sep 2024$89.07$78.97$73.71
4 Oct 2024$88.96$80.07$74.33
11 Oct 2024$89.68$81.00$74.90
18 Oct 2024$93.44$83.05$75.58
25 Oct 2024$93.45$84.99$76.31
1 Nov 2024$97.47$87.17$77.16
8 Nov 2024$101.10$89.05$77.98
15 Nov 2024$94.25$91.06$78.70
22 Nov 2024$102.65$93.02$79.49
29 Nov 2024$103.50$94.16$80.21
6 Dec 2024$105.34$95.58$81.04
13 Dec 2024$102.31$97.08$81.81
20 Dec 2024$105.71$98.61$82.52
27 Dec 2024$102.97$99.58$83.06
3 Jan 2025$101.02$100.19$83.57
10 Jan 2025$95.21$100.58$83.96
17 Jan 2025$104.88$101.11$84.50
24 Jan 2025$104.44$101.66$85.02
31 Jan 2025$103.58$102.36$85.58
7 Feb 2025$102.57$102.77$86.23
14 Feb 2025$102.05$102.45$86.78
21 Feb 2025$92.99$102.19$87.22
28 Feb 2025$95.68$101.23$87.62
7 Mar 2025$88.09$99.79$87.94
14 Mar 2025$93.29$98.43$88.37
21 Mar 2025$91.11$97.64$88.93
28 Mar 2025$89.66$97.28$89.58
4 Apr 2025$83.90$95.78$90.10
11 Apr 2025$93.03$94.29$90.55
17 Apr 2025$91.61$93.53$91.02
25 Apr 2025$92.50$92.39$91.49
2 May 2025$96.33$91.50$91.90
9 May 2025$94.96$91.52$92.32
16 May 2025$100.81$92.49$92.87
23 May 2025$96.11$93.44$93.45
30 May 2025$94.10$93.61$93.92
6 Jun 2025$92.28$93.47$94.37
13 Jun 2025$80.78$92.91$94.61
20 Jun 2025$77.54$92.47$94.66
27 Jun 2025$82.77$91.45$94.84
3 Jul 2025$80.60$90.81$94.86
11 Jul 2025$78.88$89.59$94.61
18 Jul 2025$80.57$88.00$94.35
25 Jul 2025$82.18$86.51$94.17
1 Aug 2025$83.37$84.75$94.02
8 Aug 2025$88.04$83.74$93.88
15 Aug 2025$89.99$83.52$93.84
22 Aug 2025$91.84$83.36$93.62
29 Aug 2025$81.00$83.71$93.33
5 Sep 2025$80.37$83.54$92.98
12 Sep 2025$77.96$83.27$92.53
19 Sep 2025$75.61$82.85$91.84
26 Sep 2025$73.58$82.42$91.10
3 Oct 2025$72.69$81.67$90.35
10 Oct 2025$67.36$80.30$89.48
17 Oct 2025$64.92$78.48$88.59
24 Oct 2025$62.85$75.75$87.67
31 Oct 2025$60.46$73.02$86.74
7 Nov 2025$70.99$71.12$85.81
14 Nov 2025$69.62$70.28$85.01
21 Nov 2025$70.65$69.25$84.16
28 Nov 2025$74.84$69.08$83.63
5 Dec 2025$74.64$69.11$82.93
12 Dec 2025$77.29$69.34$82.50
19 Dec 2025$73.46$69.86$82.10
26 Dec 2025$73.68$70.24$81.80
2 Jan 2026$72.74$70.80$81.40
9 Jan 2026$79.85$72.17$80.95
16 Jan 2026$83.33$74.02$80.65
23 Jan 2026$73.46$74.43$80.41
30 Jan 2026$67.17$74.37$79.90
6 Feb 2026$80.00$74.88$79.51
13 Feb 2026$80.77$75.48$79.22
20 Feb 2026$90.70$76.75$79.13
27 Feb 2026$88.98$77.97$78.99
6 Mar 2026$80.20$79.13$78.62
13 Mar 2026$78.47$79.81$78.18
20 Mar 2026$80.90$80.61$77.86
27 Mar 2026$80.20$81.23$77.69
2 Apr 2026$73.91$81.15$77.61
10 Apr 2026$84.06$82.01$77.61
17 Apr 2026$89.12$83.55$77.73
24 Apr 2026$89.15$84.53$77.94
1 May 2026$92.98$84.87$78.24
8 May 2026$90.43$84.94$78.46
15 May 2026$75.90$84.25$78.43
22 May 2026$72.20$83.52$78.13
29 May 2026$78.51$83.24$77.90
5 Jun 2026$74.16$82.53$77.56
12 Jun 2026$76.92$81.80$77.19
18 Jun 2026$86.24$82.32$77.23
26 Jun 2026$92.96$82.74$77.51
2 Jul 2026$84.88$82.47$77.62
10 Jul 2026$81.09$81.72$77.76
17 Jul 2026$81.71$80.79$77.95
24 Jul 2026$78.06$79.88$78.09
31 Jul 2026$73.17$79.86$78.28
7 Aug 2026$66.80$79.42$78.37
14 Aug 2026$66.40$78.32$78.47
21 Aug 2026$66.17$77.49$78.60
28 Aug 2026$64.24$76.04$78.47
4 Sep 2026$61.83$73.36$78.27
11 Sep 2026$57.63$71.13$78.05
18 Sep 2026$54.44$68.50$77.60
25 Sep 2026$54.58$65.80$77.08
2 Oct 2026$50.33$63.01$76.45
9 Oct 2026$49.84$60.47$75.89
16 Oct 2026$50.50$58.27$75.30
23 Oct 2026$53.12$56.76$74.76
30 Oct 2026$57.50$55.69$74.17
4 Nov 2026$62.24$55.35$73.86
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

Price stage: Falling from Oct 2025 to Jan 2026; Sideways from Feb 2026 to Jul 2026; Falling from Jul 2026 to Nov 2026.

Price stage: Rising from Oct 2024 to May 2025; Sideways from Jun 2025 to Oct 2025; Falling from Oct 2025 to Jan 2026; Sideways from Feb 2026 to Jul 2026; Falling from Jul 2026 to Nov 2026.

Week by week since 2023: did it beat the S&P 500 over the past 13 weeks?

Ahead in 89 of 168 weeks

Week by week since 2023: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
26 May 2023no S&P 500 reading
2 Jun 2023no S&P 500 reading
9 Jun 2023no S&P 500 reading
16 Jun 2023no S&P 500 reading
23 Jun 2023no S&P 500 reading
30 Jun 2023no S&P 500 reading
7 Jul 2023no S&P 500 reading
14 Jul 2023no S&P 500 reading
21 Jul 2023no S&P 500 reading
28 Jul 2023no S&P 500 reading
4 Aug 2023no S&P 500 reading
11 Aug 2023no S&P 500 reading
18 Aug 2023no S&P 500 reading
25 Aug 2023+23.0%
1 Sep 2023+31.0%
8 Sep 2023+12.3%
15 Sep 2023+8.4%
22 Sep 2023+6.2%
29 Sep 2023+15.8%
6 Oct 2023+19.2%
13 Oct 2023+23.9%
20 Oct 2023+22.8%
27 Oct 2023+19.5%
3 Nov 2023+20.9%
10 Nov 2023+11.8%
17 Nov 2023+15.4%
24 Nov 2023+18.6%
1 Dec 2023+13.2%
8 Dec 2023+20.3%
15 Dec 2023+22.4%
22 Dec 2023+26.2%
29 Dec 2023+24.3%
5 Jan 2024+18.3%
12 Jan 2024+11.4%
19 Jan 2024+13.8%
26 Jan 2024+18.8%
2 Feb 2024+12.4%
9 Feb 2024+8.2%
16 Feb 2024+9.9%
23 Feb 2024+11.6%
1 Mar 2024+11.5%
8 Mar 2024+10.5%
15 Mar 2024+8.4%
22 Mar 2024+10.5%
28 Mar 2024+12.5%
5 Apr 2024+15.4%
12 Apr 2024+20.2%
19 Apr 2024+15.2%
26 Apr 2024+14.3%
3 May 2024+11.1%
10 May 2024+11.0%
17 May 2024+0.4%
24 May 2024−4.4%
31 May 2024−7.9%
7 Jun 2024−14.0%
14 Jun 2024−14.8%
21 Jun 2024−18.3%
28 Jun 2024−17.5%
5 Jul 2024−18.7%
12 Jul 2024−15.6%
19 Jul 2024−8.9%
26 Jul 2024−4.9%
2 Aug 2024−11.4%
9 Aug 2024−9.0%
16 Aug 2024−2.9%
23 Aug 2024+3.9%
30 Aug 2024+4.7%
6 Sep 2024+7.2%
13 Sep 2024+18.2%
20 Sep 2024+29.0%
27 Sep 2024+22.0%
4 Oct 2024+21.5%
11 Oct 2024+13.7%
18 Oct 2024+15.0%
25 Oct 2024+10.5%
1 Nov 2024+25.8%
8 Nov 2024+25.7%
15 Nov 2024+19.3%
22 Nov 2024+23.2%
29 Nov 2024+24.3%
6 Dec 2024+28.9%
13 Dec 2024+14.3%
20 Dec 2024+12.4%
27 Dec 2024+11.5%
3 Jan 2025+10.2%
10 Jan 2025+6.0%
17 Jan 2025+10.0%
24 Jan 2025+6.8%
31 Jan 2025+0.9%
7 Feb 2025+1.0%
14 Feb 2025+4.2%
21 Feb 2025−10.2%
28 Feb 2025−6.2%
7 Mar 2025−11.1%
14 Mar 2025−2.0%
21 Mar 2025−9.2%
28 Mar 2025−6.3%
4 Apr 2025−2.3%
11 Apr 2025+5.7%
17 Apr 2025−0.7%
25 Apr 2025−2.0%
2 May 2025−1.2%
9 May 2025−1.4%
16 May 2025+1.3%
23 May 2025+6.8%
30 May 2025−0.8%
6 Jun 2025+0.7%
13 Jun 2025−19.5%
20 Jun 2025−20.3%
27 Jun 2025−18.3%
3 Jul 2025−27.7%
11 Jul 2025−32.0%
18 Jul 2025−31.3%
25 Jul 2025−26.9%
1 Aug 2025−23.2%
8 Aug 2025−20.2%
15 Aug 2025−19.0%
22 Aug 2025−15.9%
29 Aug 2025−23.4%
5 Sep 2025−20.9%
12 Sep 2025−13.6%
19 Sep 2025−14.2%
26 Sep 2025−18.7%
3 Oct 2025−16.8%
10 Oct 2025−19.3%
17 Oct 2025−25.3%
24 Oct 2025−29.8%
31 Oct 2025−37.2%
7 Nov 2025−24.7%
14 Nov 2025−27.1%
21 Nov 2025−25.2%
28 Nov 2025−13.5%
5 Dec 2025−13.1%
12 Dec 2025−4.6%
19 Dec 2025−5.4%
26 Dec 2025−4.2%
2 Jan 2026−2.0%
9 Jan 2026+12.3%
16 Jan 2026+24.3%
23 Jan 2026+15.1%
30 Jan 2026+9.6%
6 Feb 2026+9.8%
13 Feb 2026+14.6%
20 Feb 2026+23.8%
27 Feb 2026+18.5%
6 Mar 2026+9.4%
13 Mar 2026+4.4%
20 Mar 2026+14.8%
27 Mar 2026+17.0%
2 Apr 2026+5.6%
10 Apr 2026+7.4%
17 Apr 2026+4.3%
24 Apr 2026+17.8%
1 May 2026+34.3%
8 May 2026+6.2%
15 May 2026−14.5%
22 May 2026−28.6%
29 May 2026−22.0%
5 Jun 2026−17.2%
12 Jun 2026−14.0%
18 Jun 2026−8.5%
26 Jun 2026+0.9%
2 Jul 2026+1.3%
10 Jul 2026−14.6%
17 Jul 2026−13.0%
24 Jul 2026−15.9%
31 Jul 2026−25.0%
7 Aug 2026−31.0%
14 Aug 2026−17.5%
21 Aug 2026−11.0%
28 Aug 2026−19.9%
4 Sep 2026−21.1%
11 Sep 2026−28.1%
18 Sep 2026−38.9%
25 Sep 2026−47.1%
2 Oct 2026−44.0%
9 Oct 2026−41.7%
16 Oct 2026−40.9%
23 Oct 2026−34.8%
30 Oct 2026−22.6%
4 Nov 2026−6.0%
Each bar is one week, from 2023 to now (168 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 3.4 years the share price moved +65% while the S&P 500 moved +83%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 2 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Knife River pay?

Knife River Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Knife River on?

Knife River is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Knife River profitable?

Knife River Corporation earned $43.9 M of net profit in the Jun 2026 quarter, −13.3% on the same quarter a year earlier. Full-year FY25 profit was $157 M. Over 4 years profit has grown 4.9% a year on average. That is 4.7% of the quarter's revenue. The same quarter a year earlier earned $50.6 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

3 of the last 12 reported quarters were loss-making.

For the full year, FY25 profit was $157 M (−22.1% on the year before).

FY25 profit $157 M (−22.1% on the year before), 4.9% a year over 4 years

  • Net profit $157 M
FY25 profit $157 M (−22.1% on the year before), 4.9% a year over 4 years
QuarterNet profit
FY21$130 M
FY22$116 M
FY23$183 M
FY24$202 M
FY25$157 M

Growth on a year earlier

  • Growth on a year earlier −22.1%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22−10.4%
FY2357.3%
FY2410.3%
FY25−22.1%
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $43.9 M (−13.3% on a year earlier)

  • Net profit (quarterly) $43.9 M
Jun 2026: $43.9 M (−13.3% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023$147 M
Dec 2023$20.7 M
Mar 2024−$47.6 M
Jun 2024$77.9 M
Sep 2024$148 M
Dec 2024$23.3 M
Mar 2025−$68.7 M
Jun 2025$50.6 M
Sep 2025$143 M
Dec 2025$32.0 M
Mar 2026−$79.2 M
Jun 2026$43.9 M

Growth on a year earlier

  • Growth on a year earlier −13.3%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202347.2%
Dec 202314.9%
Mar 2024–
Jun 202437.1%
Sep 20241%
Dec 202412.4%
Mar 2025–
Jun 2025−35.1%
Sep 2025−3.3%
Dec 202537.6%
Mar 2026–
Jun 2026−13.3%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +12.6% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +7.0% and revenue +13.1%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Knife River make, and is it growing?

Knife River Corporation reported $939 M of revenue in the Jun 2026 quarter, +12.6% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 9.0% a year on average. The last full year, FY25, came in at $3.1 B.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $3.3 B.

FY25 revenue was $3.1 B, +8.5% on the year before.

FY25 revenue $3.1 B (+8.5% on the year before), 9.0% a year over 4 years

  • Revenue $3.1 B
FY25 revenue $3.1 B (+8.5% on the year before), 9.0% a year over 4 years
QuarterRevenue
FY21$2.2 B
FY22$2.5 B
FY23$2.8 B
FY24$2.9 B
FY25$3.1 B

Growth on a year earlier

  • Growth on a year earlier 8.5%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2213.7%
FY2311.7%
FY242.4%
FY258.5%
Top: revenue each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $939 M (+12.6% on a year earlier), the 12th quarter in a row of growth

  • Revenue (quarterly) $939 M
Jun 2026: $939 M (+12.6% on a year earlier), the 12th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2023$1.1 B
Dec 2023$647 M
Mar 2024$330 M
Jun 2024$807 M
Sep 2024$1.1 B
Dec 2024$657 M
Mar 2025$353 M
Jun 2025$834 M
Sep 2025$1.2 B
Dec 2025$755 M
Mar 2026$410 M
Jun 2026$939 M

Growth on a year earlier

  • Growth on a year earlier 12.6%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202311.8%
Dec 202320.3%
Mar 20247%
Jun 20242.8%
Sep 20241.4%
Dec 20241.6%
Mar 20257.2%
Jun 20253.3%
Sep 20258.9%
Dec 202514.9%
Mar 202616%
Jun 202612.6%
Top: revenue each quarter, $ B. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +13.1% on average, against 9.0% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +12.1%, against +7.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −8.7%, against −15.9% a year (accelerating).

How much of every $100 of sales does Knife River keep?

Knife River Corporation's operating margin was 8.8% in the Jun 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 5 years it has been between 7.6% and 11.3%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −2.0 percentage points on the year while gross margin changed −1.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

FY25: 9.4%, within a range of 7.6% to 11.3% over 5 years

  • Operating margin 9.4%
FY25: 9.4%, within a range of 7.6% to 11.3% over 5 years
QuarterOperating margin
FY218.5%
FY227.6%
FY2310.4%
FY2411.3%
FY259.4%

Change on the year before (points)

  • Change on the year before (points) −1.9 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22−0.9 pts
FY23+2.8 pts
FY24+0.9 pts
FY25−1.9 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin 8.8% (−2.0 points on a year earlier)

  • Operating margin 8.8%
Jun 2026: operating margin 8.8% (−2.0 points on a year earlier)
QuarterOperating margin
Sep 202319.4%
Dec 20237.7%
Mar 2024−16.1%
Jun 202414.5%
Sep 202418.9%
Dec 20248%
Mar 2025−21.9%
Jun 202510.8%
Sep 202518.1%
Dec 20258.4%
Mar 2026−20.5%
Jun 20268.8%

Change on a year earlier (points)

  • Change on a year earlier (points) −2.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023+4.8 pts
Dec 2023+1.2 pts
Mar 2024−1.6 pts
Jun 2024+2.6 pts
Sep 2024−0.5 pts
Dec 2024+0.3 pts
Mar 2025−5.8 pts
Jun 2025−3.7 pts
Sep 2025−0.8 pts
Dec 2025+0.4 pts
Mar 2026+1.4 pts
Jun 2026−2.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Knife River's profit turning into cash?

Over the last 3 years, 173% of Knife River Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $278 M of operating cash against $157 M of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After $348 M of spending on assets, free cash was −$69.6 M: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $278 M against profit $157 M; 173% of 3 years' profit came in as cash

  • Operating cash $278 M
  • Net profit $157 M
  • Free cash −$69.6 M
FY25: operating cash $278 M against profit $157 M; 173% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21$181 M$130 M$7.0 M
FY22$207 M$116 M$29.3 M
FY23$336 M$183 M$211 M
FY24$322 M$202 M$150 M
FY25$278 M$157 M−$69.6 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash −$75.1 M = −171% of the quarter's profit

  • Operating cash (quarterly) −$75.1 M
Jun 2026: operating cash −$75.1 M = −171% of the quarter's profit
QuarterOperating cash (quarterly)
Sep 2023$223 M
Dec 2023$183 M
Mar 2024−$43.2 M
Jun 2024−$46.6 M
Sep 2024$240 M
Dec 2024$172 M
Mar 2025−$125 M
Jun 2025−$42.6 M
Sep 2025$250 M
Dec 2025$196 M
Mar 2026−$58.5 M
Jun 2026−$75.1 M

Operating cash as % of profit

  • Operating cash as % of profit −171%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 2023152%
Dec 2023883%
Mar 2024–
Jun 2024−60%
Sep 2024162%
Dec 2024741%
Mar 2025–
Jun 2025−84%
Sep 2025175%
Dec 2025612%
Mar 2026–
Jun 2026−171%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Knife River's cash go?

Knife River Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $645 M on assets over the last 3 years. Averaged over those years that is 6.8% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $645 M over the last 3 years.

FY25: capex $348 M, up from the year before

  • Capex $348 M
FY25: capex $348 M, up from the year before
QuarterCapex
FY21$174 M
FY22$178 M
FY23$124 M
FY24$172 M
FY25$348 M
Capital spending each year, $ M.

Jun 2026: capex $72.9 M in the quarter

  • Capex (quarterly) $72.9 M
Jun 2026: capex $72.9 M in the quarter
QuarterCapex (quarterly)
Sep 2023$19.9 M
Dec 2023$37.8 M
Mar 2024$43.7 M
Jun 2024$59.9 M
Sep 2024$23.5 M
Dec 2024$45.3 M
Mar 2025$75.0 M
Jun 2025$154 M
Sep 2025$61.7 M
Dec 2025$57.7 M
Mar 2026$77.3 M
Jun 2026$72.9 M

Free cash

  • Free cash −$148 M
Free cash
QuarterFree cash
Sep 2023$203 M
Dec 2023$145 M
Mar 2024−$86.9 M
Jun 2024−$107 M
Sep 2024$216 M
Dec 2024$127 M
Mar 2025−$200 M
Jun 2025−$196 M
Sep 2025$189 M
Dec 2025$138 M
Mar 2026−$136 M
Jun 2026−$148 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Knife River's P/E ratio, and how does it compare with its own history?

Knife River Corporation's P/E is 26.3×, in the middle of its own history: higher than 52% of past readings. Its usual P/E (the middle reading) is 26.0×, over 3.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 26.3× against a usual 26.0×: in the middle of its own history: higher than 52% of past readings

  • P/E 25.4×
  • Median 26.0×
P/E 26.3× against a usual 26.0×: in the middle of its own history: higher than 52% of past readings
WeekP/EMedian
26 May 202318.6×26.0×
2 Jun 202319.1×26.0×
9 Jun 202321.6×26.0×
16 Jun 202322.7×26.0×
23 Jun 202322.6×26.0×
30 Jun 202318.6×26.0×
7 Jul 202318.4×26.0×
14 Jul 202318.7×26.0×
21 Jul 202318.4×26.0×
28 Jul 202318.8×26.0×
4 Aug 202319.8×26.0×
11 Aug 202321.6×26.0×
18 Aug 202320.8×26.0×
25 Aug 202320.6×26.0×
1 Sep 202322.5×26.0×
8 Sep 202321.6×26.0×
15 Sep 202321.4×26.0×
22 Sep 202320.6×26.0×
29 Sep 202320.9×26.0×
6 Oct 202315.9×26.0×
13 Oct 202316.6×26.0×
20 Oct 202315.8×26.0×
27 Oct 202315.2×26.0×
3 Nov 202317.3×26.0×
10 Nov 202317.7×26.0×
17 Nov 202318.2×26.0×
24 Nov 202318.6×26.0×
1 Dec 202319.1×26.0×
8 Dec 202319.8×26.0×
15 Dec 202320.4×26.0×
22 Dec 202320.7×26.0×
29 Dec 202320.9×26.0×
5 Jan 202419.9×26.0×
12 Jan 202419.9×26.0×
19 Jan 202419.9×26.0×
26 Jan 202420.5×26.0×
2 Feb 202421.5×26.0×
9 Feb 202421.3×26.0×
16 Feb 202421.6×26.0×
23 Feb 202422.5×26.0×
1 Mar 202423.2×26.0×
8 Mar 202423.7×26.0×
15 Mar 202423.4×26.0×
22 Mar 202424.6×26.0×
28 Mar 202425.2×26.0×
5 Apr 202426.0×26.0×
12 Apr 202426.2×26.0×
19 Apr 202424.3×26.0×
26 Apr 202425.2×26.0×
3 May 202425.4×26.0×
10 May 202425.3×26.0×
17 May 202423.9×26.0×
24 May 202423.3×26.0×
31 May 202422.8×26.0×
7 Jun 202422.1×26.0×
14 Jun 202422.2×26.0×
21 Jun 202421.9×26.0×
28 Jun 202422.6×26.0×
5 Jul 202420.5×26.0×
12 Jul 202422.0×26.0×
19 Jul 202422.1×26.0×
26 Jul 202423.0×26.0×
2 Aug 202421.1×26.0×
9 Aug 202421.1×26.0×
16 Aug 202421.7×26.0×
23 Aug 202422.9×26.0×
30 Aug 202422.7×26.0×
6 Sep 202421.4×26.0×
13 Sep 202424.2×26.0×
20 Sep 202426.1×26.0×
27 Sep 202425.6×26.0×
4 Oct 202425.5×26.0×
11 Oct 202425.7×26.0×
18 Oct 202426.7×26.0×
25 Oct 202426.8×26.0×
1 Nov 202427.9×26.0×
8 Nov 202428.9×26.0×
15 Nov 202427.0×26.0×
22 Nov 202429.4×26.0×
29 Nov 202429.6×26.0×
6 Dec 202430.1×26.0×
13 Dec 202429.3×26.0×
20 Dec 202430.3×26.0×
27 Dec 202429.5×26.0×
3 Jan 202528.5×26.0×
10 Jan 202526.9×26.0×
17 Jan 202529.6×26.0×
24 Jan 202529.5×26.0×
31 Jan 202529.3×26.0×
7 Feb 202529.0×26.0×
14 Feb 202528.8×26.0×
21 Feb 202526.3×26.0×
28 Feb 202527.0×26.0×
7 Mar 202524.9×26.0×
14 Mar 202526.4×26.0×
21 Mar 202525.7×26.0×
28 Mar 202525.3×26.0×
4 Apr 202526.5×26.0×
11 Apr 202529.4×26.0×
17 Apr 202528.9×26.0×
25 Apr 202529.2×26.0×
2 May 202530.4×26.0×
9 May 202530.0×26.0×
16 May 202531.8×26.0×
23 May 202530.3×26.0×
30 May 202529.7×26.0×
6 Jun 202529.1×26.0×
13 Jun 202525.5×26.0×
20 Jun 202524.5×26.0×
27 Jun 202526.1×26.0×
3 Jul 202530.0×26.0×
11 Jul 202529.4×26.0×
18 Jul 202530.0×26.0×
25 Jul 202530.6×26.0×
1 Aug 202531.0×26.0×
8 Aug 202532.8×26.0×
15 Aug 202533.5×26.0×
22 Aug 202534.2×26.0×
29 Aug 202530.1×26.0×
5 Sep 202529.9×26.0×
12 Sep 202529.0×26.0×
19 Sep 202528.1×26.0×
26 Sep 202527.4×26.0×
3 Oct 202527.9×26.0×
10 Oct 202525.8×26.0×
17 Oct 202524.9×26.0×
24 Oct 202524.1×26.0×
31 Oct 202523.2×26.0×
7 Nov 202527.2×26.0×
14 Nov 202526.7×26.0×
21 Nov 202527.1×26.0×
28 Nov 202528.7×26.0×
5 Dec 202528.6×26.0×
12 Dec 202529.6×26.0×
19 Dec 202528.2×26.0×
26 Dec 202528.3×26.0×
2 Jan 202626.4×26.0×
9 Jan 202629.0×26.0×
16 Jan 202630.2×26.0×
23 Jan 202626.6×26.0×
30 Jan 202624.4×26.0×
6 Feb 202629.0×26.0×
13 Feb 202629.3×26.0×
20 Feb 202632.9×26.0×
27 Feb 202632.3×26.0×
6 Mar 202629.1×26.0×
13 Mar 202628.5×26.0×
20 Mar 202629.4×26.0×
27 Mar 202629.1×26.0×
2 Apr 202628.8×26.0×
10 Apr 202632.7×26.0×
17 Apr 202634.7×26.0×
24 Apr 202634.7×26.0×
1 May 202634.7×26.0×
8 May 202634.7×26.0×
15 May 202629.5×26.0×
22 May 202628.1×26.0×
29 May 202630.6×26.0×
5 Jun 202628.9×26.0×
12 Jun 202629.9×26.0×
18 Jun 202633.6×26.0×
26 Jun 202634.7×26.0×
2 Jul 202634.6×26.0×
10 Jul 202633.1×26.0×
17 Jul 202633.4×26.0×
24 Jul 202631.9×26.0×
31 Jul 202629.9×26.0×
7 Aug 202627.3×26.0×
14 Aug 202627.1×26.0×
21 Aug 202627.0×26.0×
28 Aug 202626.2×26.0×
4 Sep 202625.2×26.0×
11 Sep 202623.5×26.0×
18 Sep 202622.2×26.0×
25 Sep 202622.3×26.0×
2 Oct 202620.5×26.0×
9 Oct 202620.3×26.0×
16 Oct 202620.6×26.0×
23 Oct 202621.7×26.0×
30 Oct 202623.5×26.0×
4 Nov 202625.4×26.0×

Earnings per share, 12 months

  • Earnings per share, 12 months $2.45
Earnings per share, 12 months
WeekEarnings per share, 12 months
26 May 2023–
2 Jun 2023–
9 Jun 2023–
16 Jun 2023–
23 Jun 2023–
30 Jun 2023$2.34
7 Jul 2023$2.34
14 Jul 2023$2.34
21 Jul 2023$2.34
28 Jul 2023$2.34
4 Aug 2023$2.34
11 Aug 2023$2.34
18 Aug 2023$2.34
25 Aug 2023$2.34
1 Sep 2023$2.34
8 Sep 2023$2.34
15 Sep 2023$2.34
22 Sep 2023$2.34
29 Sep 2023$2.34
6 Oct 2023$2.34
13 Oct 2023$2.34
20 Oct 2023$2.34
27 Oct 2023$2.34
3 Nov 2023$2.34
10 Nov 2023$2.34
17 Nov 2023$2.34
24 Nov 2023$2.34
1 Dec 2023$2.34
8 Dec 2023$2.34
15 Dec 2023$2.34
22 Dec 2023$2.34
29 Dec 2023$3.16
5 Jan 2024$3.16
12 Jan 2024$3.16
19 Jan 2024$3.16
26 Jan 2024$3.16
2 Feb 2024$3.16
9 Feb 2024$3.16
16 Feb 2024$3.16
23 Feb 2024$3.16
1 Mar 2024$3.16
8 Mar 2024$3.16
15 Mar 2024$3.16
22 Mar 2024$3.16
28 Mar 2024$3.21
5 Apr 2024$3.21
12 Apr 2024$3.21
19 Apr 2024$3.21
26 Apr 2024$3.21
3 May 2024$3.21
10 May 2024$3.21
17 May 2024$3.21
24 May 2024$3.21
31 May 2024$3.21
7 Jun 2024$3.21
14 Jun 2024$3.21
21 Jun 2024$3.21
28 Jun 2024$3.10
5 Jul 2024$3.10
12 Jul 2024$3.10
19 Jul 2024$3.10
26 Jul 2024$3.10
2 Aug 2024$3.10
9 Aug 2024$3.10
16 Aug 2024$3.10
23 Aug 2024$3.10
30 Aug 2024$3.10
6 Sep 2024$3.10
13 Sep 2024$3.10
20 Sep 2024$3.10
27 Sep 2024$3.47
4 Oct 2024$3.47
11 Oct 2024$3.47
18 Oct 2024$3.47
25 Oct 2024$3.47
1 Nov 2024$3.47
8 Nov 2024$3.47
15 Nov 2024$3.47
22 Nov 2024$3.47
29 Nov 2024$3.47
6 Dec 2024$3.47
13 Dec 2024$3.47
20 Dec 2024$3.47
27 Dec 2024$3.49
3 Jan 2025$3.49
10 Jan 2025$3.49
17 Jan 2025$3.49
24 Jan 2025$3.49
31 Jan 2025$3.49
7 Feb 2025$3.49
14 Feb 2025$3.49
21 Feb 2025$3.49
28 Feb 2025$3.49
7 Mar 2025$3.49
14 Mar 2025$3.49
21 Mar 2025$3.49
28 Mar 2025$3.54
4 Apr 2025$3.54
11 Apr 2025$3.54
17 Apr 2025$3.54
25 Apr 2025$3.54
2 May 2025$3.54
9 May 2025$3.54
16 May 2025$3.54
23 May 2025$3.54
30 May 2025$3.54
6 Jun 2025$3.54
13 Jun 2025$3.54
20 Jun 2025$3.54
27 Jun 2025$3.17
3 Jul 2025$3.17
11 Jul 2025$3.17
18 Jul 2025$3.17
25 Jul 2025$3.17
1 Aug 2025$3.17
8 Aug 2025$3.17
15 Aug 2025$3.17
22 Aug 2025$3.17
29 Aug 2025$3.17
5 Sep 2025$3.17
12 Sep 2025$3.17
19 Sep 2025$3.17
26 Sep 2025$2.69
3 Oct 2025$2.69
10 Oct 2025$2.69
17 Oct 2025$2.69
24 Oct 2025$2.69
31 Oct 2025$2.69
7 Nov 2025$2.69
14 Nov 2025$2.69
21 Nov 2025$2.69
28 Nov 2025$2.69
5 Dec 2025$2.69
12 Dec 2025$2.69
19 Dec 2025$2.69
26 Dec 2025$2.61
2 Jan 2026$2.61
9 Jan 2026$2.61
16 Jan 2026$2.61
23 Jan 2026$2.61
30 Jan 2026$2.61
6 Feb 2026$2.61
13 Feb 2026$2.61
20 Feb 2026$2.61
27 Feb 2026$2.61
6 Mar 2026$2.61
13 Mar 2026$2.61
20 Mar 2026$2.61
27 Mar 2026$2.76
2 Apr 2026$2.76
10 Apr 2026$2.76
17 Apr 2026$2.76
24 Apr 2026$2.76
1 May 2026$2.76
8 May 2026$2.76
15 May 2026$2.76
22 May 2026$2.76
29 May 2026$2.76
5 Jun 2026$2.76
12 Jun 2026$2.76
18 Jun 2026$2.76
26 Jun 2026$2.57
2 Jul 2026$2.57
10 Jul 2026$2.57
17 Jul 2026$2.57
24 Jul 2026$2.57
31 Jul 2026$2.57
7 Aug 2026$2.57
14 Aug 2026$2.57
21 Aug 2026$2.57
28 Aug 2026$2.57
4 Sep 2026$2.57
11 Sep 2026$2.57
18 Sep 2026$2.57
25 Sep 2026$2.45
2 Oct 2026$2.45
9 Oct 2026$2.45
16 Oct 2026$2.45
23 Oct 2026$2.45
30 Oct 2026$2.45
4 Nov 2026$2.45
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 3.4 years of history; short peaks above 35× are drawn at the top edge.

PEG 1.54 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 1.54×
  • PEG = 1.0 1.00×
PEG 1.54 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Jun 20231.10×1.00×
Sep 20230.79×1.00×
Dec 20230.79×1.00×
Mar 20241.38×1.00×
Jun 20241.13×1.00×
Sep 20242.07×1.00×
Dec 20242.43×1.00×
Mar 20252.10×1.00×
Jun 20251.25×1.00×
Sep 20252.38×1.00×
Dec 20252.62×1.00×
Mar 20261.70×1.00×
Jun 20261.54×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 13 quarters.
26.3×P/E · higher than 52% of its last 3.4 years
1.50PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved −22.3% while the price moved −12.3%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 3 years the price moved +4.4% a year; about −8.1% a year came from earnings growth and about +12.5 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

Is the Knife River business getting better or worse?

Knife River Corporation's business is getting worse. Profit and EPS growth are shrinking: profit growth is −8.7% in the latest quarter, against +57.4% at its best in 12 quarters, with ROCE steady at 8.1%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +8.5% in FY25, profit −22.1%

  • Revenue growth 8.5%
Growth year by year: revenue +8.5% in FY25, profit −22.1%
QuarterRevenue growth
FY21–
FY2213.7%
FY2311.7%
FY242.4%
FY258.5%

Profit growth, EPS growth

  • Profit growth −22.1%
  • EPS growth −22.3%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22−10.4%−10.5%
FY2357.3%57.6%
FY2410.3%9.9%
FY25−22.1%−22.3%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue accelerating, profit accelerating

  • Revenue 12.1%
Three growth lines over twelve quarters: revenue accelerating, profit accelerating
QuarterRevenue
Sep 2023–
Dec 202311.7%
Mar 202412.6%
Jun 202410.3%
Sep 20246.2%
Dec 20242.4%
Mar 20252.5%
Jun 20252.6%
Sep 20255.5%
Dec 20258.5%
Mar 20269.6%
Jun 202612.1%

Profit, EPS

  • Profit −8.7%
  • EPS −8.9%
Profit, EPS
QuarterProfitEPS
Sep 2023––
Dec 202357.4%–
Mar 202453.7%53.7%
Jun 202448.4%48.5%
Sep 202410.5%10.6%
Dec 202410.3%10.1%
Mar 20252.3%2.1%
Jun 2025−22.5%−22.6%
Sep 2025−25.5%−25.4%
Dec 2025−22.1%−22.1%
Mar 2026−18.8%−18.9%
Jun 2026−8.7%−8.9%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 8.1%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 202314.5%
Dec 202315.4%
Mar 202414.8%
Jun 202414.3%
Sep 202413.7%
Dec 202413.8%
Mar 202511.7%
Jun 20259.9%
Sep 202510%
Dec 202510.2%
Mar 20268.9%
Jun 20268.1%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Steady highRevenue growth · latest +12.1%, range +2.4% to +12.6%
RecoveringProfit growth · latest −8.7%, range −25.5% to +57.4%
RecoveringEPS growth · latest −8.9%, range −25.4% to +53.7%
Stuck lowROCE · latest 8.1%, range 8.1% to 15.4%

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+8.5%+7.5%——
Profit−22.1%+10.6%——
EPS−22.3%+10.4%——
Stock price−12.3%+4.4%——
+12.6%Revenue growth (Jun 2026) · latest quarter against a year ago
−13.3%Profit growth (Jun 2026) · latest quarter against a year ago
9.0%Revenue, 4 years · yearly growth over the long run

How much does Knife River earn on its capital?

Knife River Corporation earned a ROE of 10% in FY25. Its return on capital used (ROIC) is 0.1 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 5.0% net margin and 0.86× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a 5.0% net margin × 0.86× asset turnover × 2.22× leverage (assets divided by equity) ≈ 9.5% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 6.3% − 6.2% = +0.1 percentage points. The 6.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error.

The 6.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 9.2%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROE 10%, the full history

  • ROE 9.6%
  • ROIC (annual) 9.2%
  • Cost of capital 6.2%
FY25: ROE 10%, the full history
QuarterROEROIC (annual)Cost of capital
FY2113.6%8.5%6.2%
FY2211.3%8.3%6.2%
FY2314.4%12.5%6.2%
FY2413.7%13.1%6.2%
FY259.6%9.2%6.2%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 6.2% cost of capital used on this page.

Jun 2026: ROIC 6.9% (last 12 months) against a 6.2% cost of capital

  • ROIC (12 months) 6.9%
  • ROE (12 months) 39.5%
  • Cost of capital 6.2%
Jun 2026: ROIC 6.9% (last 12 months) against a 6.2% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Sep 20231.2%5.5%6.2%
Dec 20239.7%55.7%6.2%
Mar 202411.8%62.3%6.2%
Jun 202411.4%63.5%6.2%
Sep 202412.3%66.3%6.2%
Dec 202411.7%59.2%6.2%
Mar 202511.5%59%6.2%
Jun 202511%55.2%6.2%
Sep 20258.9%44.5%6.2%
Dec 20256.7%38.7%6.2%
Mar 20266.4%40.2%6.2%
Jun 20266.9%39.5%6.2%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Knife River have too much debt?

Knife River Corporation has total debt of $1.7 B against shareholder equity of $1.6 B as of Jun 2026, so its debt is 1.04× its equity. Year by year, that ratio went from 0.77 in FY21 to 0.74 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $1.2 B, 0.74× equity

  • Total debt $1.2 B
FY25: debt $1.2 B, 0.74× equity
QuarterTotal debt
FY21$735 M
FY22$731 M
FY23$726 M
FY24$727 M
FY25$1.2 B

Debt-to-equity

  • Debt-to-equity 0.74×
Debt-to-equity
QuarterDebt-to-equity
FY210.77×
FY220.71×
FY230.57×
FY240.49×
FY250.74×
Top: total debt each year, $ B. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $1.7 B, debt-to-equity 1.04

  • Total debt (quarterly) $1.7 B
Jun 2026: debt $1.7 B, debt-to-equity 1.04
QuarterTotal debt (quarterly)
Sep 2023$727 M
Dec 2023$726 M
Mar 2024$726 M
Jun 2024$727 M
Sep 2024$726 M
Dec 2024$727 M
Mar 2025$1.2 B
Jun 2025$1.4 B
Sep 2025$1.2 B
Dec 2025$1.2 B
Mar 2026$1.5 B
Jun 2026$1.7 B

Debt-to-equity

  • Debt-to-equity 1.04×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.58×
Dec 20230.57×
Mar 20240.60×
Jun 20240.56×
Sep 20240.50×
Dec 20240.49×
Mar 20250.87×
Jun 20250.96×
Sep 20250.77×
Dec 20250.74×
Mar 20260.95×
Jun 20261.04×
Top: total debt each quarter, $ B. Below: debt-to-equity, ×. Last 12 quarters.

What is the Knife River shareholding pattern?

7.6% of Knife River Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 4.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

7.6%Short interest · of the tradable float
4.0Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Knife River from balance-sheet trouble?

For Knife River Corporation, the Z-score is 2.62. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 2.62 is in the grey area, neither clearly safe nor clearly in trouble.

How does Knife River rank in its industry?

32.0 out of 100, rank 12 of 14 in Building Materials, with 85% of the evidence available.

Knife River Corporation scores 32.0 out of 100 against the 14 companies it is compared with in Building Materials, ranking 12. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 14.9 + 6.4 + 5.3 + 5.4 = 32. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Knife River compared with?

Knife River ranks 12 of 14 Building Materials companies on the 4-Factor Sector Score, with 32.0 out of 100.

  1. 1Cementos Pacasmayo S.A.A.CPAC · breaking out · Most evidence points up · 85% evidence76.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.0/35 · Revenue 10.9% · Profit -0.5% · Operating margin change 5.7 points · 95% evidenceCapital efficiency 20.4/25 · ROCE 22.3% · Operating margin 24.4% · 76% evidenceValuation 15.8/20 · P/E 16.2× · PEG 0.43 · 65% evidenceRelative strength 15.1/20 · Lead over its industry 19.6% · Lead over S&P 500 10.3% · 1 year 74.4% · 100% evidence · 7 of 12 weeks aheadExact sum: 25 + 20.4 + 15.8 + 15.1 = 76.3 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2United States Lime & Minerals, Inc.USLM · turning · Evidence leans up · 85% evidence61.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.5/35 · Revenue 7.1% · Profit 8.8% · Operating margin change 2 points · 95% evidenceCapital efficiency 20.9/25 · ROCE 21.8% · Operating margin 41% · 76% evidenceValuation 5.1/20 · P/E 22.3× · PEG 3.13 · 65% evidenceRelative strength 16.9/20 · Lead over its industry 7.8% · Lead over S&P 500 -1.4% · 1 year 6.6% · 100% evidence · 3 of 12 weeks aheadExact sum: 18.5 + 20.9 + 5.1 + 16.9 = 61.4 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.
  3. 3Vulcan Materials CompanyVMC · turning · Evidence leans up · 85% evidence60.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.4/35 · Revenue 6.9% · Profit 17.4% · Operating margin change -0.7 points · 95% evidenceCapital efficiency 13.7/25 · ROCE 10.6% · Operating margin 21.6% · 76% evidenceValuation 8.4/20 · P/E 34.3× · PEG 1.88 · 65% evidenceRelative strength 16.4/20 · Lead over its industry 7.7% · Lead over S&P 500 -1.8% · 1 year 3.7% · 100% evidence · 1 of 12 weeks aheadExact sum: 22.4 + 13.7 + 8.4 + 16.4 = 60.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Martin Marietta Materials, Inc.MLM · turning · Evidence leans up · 85% evidence59.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 22.7/35 · Revenue 14.8% · Profit 100% · Operating margin change -5.9 points · 95% evidenceCapital efficiency 10.3/25 · ROCE 7.3% · Operating margin 20.2% · 76% evidenceValuation 15.9/20 · P/E 14.1× · PEG 0.74 · 65% evidenceRelative strength 10.8/20 · Lead over its industry -2.5% · Lead over S&P 500 -11.3% · 1 year -8.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 22.7 + 10.3 + 15.9 + 10.8 = 59.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5CRH plcCRH · basing · Evidence leans up · 85% evidence54.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.5/35 · Revenue 6.3% · Profit 16.7% · Operating margin change 0.2 points · 95% evidenceCapital efficiency 12.3/25 · ROCE 11.2% · Operating margin 19% · 76% evidenceValuation 13.2/20 · P/E 18.7× · PEG 1.02 · 65% evidenceRelative strength 8.3/20 · Lead over its industry -5.4% · Lead over S&P 500 -14.1% · 1 year -12.5% · 100% evidence · 0 of 12 weeks aheadExact sum: 20.5 + 12.3 + 13.2 + 8.3 = 54.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Tecnoglass Inc.TGLS · basing · Evidence leans up · 85% evidence54.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 9.7/35 · Revenue 9.7% · Profit -29% · Operating margin change -11.8 points · 95% evidenceCapital efficiency 16.7/25 · ROCE 18.2% · Operating margin 12.4% · 76% evidenceValuation 14.9/20 · P/E 16× · PEG 0.85 · 65% evidenceRelative strength 12.8/20 · Lead over its industry -1.1% · Lead over S&P 500 -10.1% · 1 year -13.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 9.7 + 16.7 + 14.9 + 12.8 = 54.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  7. 7Eagle Materials Inc.EXP · basing · Evidence leans down · 85% evidence47.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 8.8/35 · Revenue 1.7% · Profit -11.3% · Operating margin change -4.3 points · 95% evidenceCapital efficiency 17.4/25 · ROCE 14.9% · Operating margin 21.7% · 76% evidenceValuation 10.5/20 · P/E 17.3× · PEG 1.87 · 65% evidenceRelative strength 11.2/20 · Lead over its industry -1% · Lead over S&P 500 -9.8% · 1 year -4.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 8.8 + 17.4 + 10.5 + 11.2 = 47.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8CEMEX, S.A.B. de C.V.CX · basing · Evidence leans down · 75% evidence45.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.8/35 · Revenue 9.6% · Profit -67.1% · Operating margin change 3.3 points · 95% evidenceCapital efficiency 9.6/25 · ROCE 9.8% · Operating margin 13.7% · 76% evidenceValuation 8.7/20 · P/E 36.1× · PEG — · 15% evidenceRelative strength 7.0/20 · Lead over its industry -2.9% · Lead over S&P 500 -11.5% · 1 year 7.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 19.8 + 9.6 + 8.7 + 7 = 45.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Amrize AGAMRZ · basing · Evidence leans down · 75% evidence41.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.4/35 · Revenue 5.1% · Profit 4.2% · Operating margin change -0.4 points · 95% evidenceCapital efficiency 9.9/25 · ROCE 9.4% · Operating margin 20.5% · 76% evidenceValuation 9.4/20 · P/E 24.1× · PEG — · 15% evidenceRelative strength 6.5/20 · Lead over its industry -10.9% · Lead over S&P 500 -19.2% · 1 year -10.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 15.4 + 9.9 + 9.4 + 6.5 = 41.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10James Hardie Industries plcJHX · quiet · Evidence leans down · 85% evidence40.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 12.7/35 · Revenue 42.9% · Profit -56% · Operating margin change -2.6 points · 95% evidenceCapital efficiency 8.1/25 · ROCE 6.8% · Operating margin 16.1% · 76% evidenceValuation 5.5/20 · P/E 105.2× · PEG 2.6 · 65% evidenceRelative strength 14.3/20 · Lead over its industry 26.9% · Lead over S&P 500 17.1% · 1 year 69.8% · 100% evidence · 4 of 12 weeks aheadExact sum: 12.7 + 8.1 + 5.5 + 14.3 = 40.6 · What this means: Relative strength against the index is 17.1%, and revenue and profit growth are weak.
  11. 11Titan America SATTAM · basing · Evidence leans down · 85% evidence37.9out of 100GrowthCapitalValuationRelative
  12. 12Knife River Corporation this pageKNF · basing · Most evidence points down · 85% evidence32.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.9/35 · Revenue 12.2% · Profit -8.5% · Operating margin change -2 points · 95% evidenceCapital efficiency 6.4/25 · ROCE 7.6% · Operating margin 8.8% · 76% evidenceValuation 5.3/20 · P/E 33.9× · PEG 2.87 · 65% evidenceRelative strength 5.4/20 · Lead over its industry -13.2% · Lead over S&P 500 -21.5% · 1 year -12.3% · 100% evidence · 0 of 12 weeks aheadExact sum: 14.9 + 6.4 + 5.3 + 5.4 = 32 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  13. 13Suncrete, Inc.RMIX · basing · Most evidence points down · 67% evidence27.0out of 100GrowthCapitalValuationRelative
  14. 14Smith-Midland CorporationSMID · basing · Most evidence points down · 85% evidence25.6out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Building Materials, all 14 compared on one page.

Which companies are close to Knife River in size?

Knife River is the 8th largest of 14 Building Materials companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: CEMEX, S.A.B. de C.V., James Hardie Industries plc and Eagle Materials Inc. Just below it: United States Lime & Minerals, Inc., Titan America SA and Tecnoglass Inc.

Building Materials companies close in size

  1. CEMEX, S.A.B. de C.V. $15.9 billion
  2. James Hardie Industries plc $15.6 billion
  3. Eagle Materials Inc. $6 billion
  4. Knife River Corporation $3.5 billion
  5. United States Lime & Minerals, Inc. $3.5 billion
  6. Titan America SA $2.6 billion
  7. Tecnoglass Inc. $1.9 billion

All 14 Building Materials companies, largest first

Companies close in size in other industries

  1. Shift4 Payments, Inc. $3.5 billion · Software - Infrastructure
  2. Hayward Holdings, Inc. $3.5 billion · Electrical Equipment & Parts
  3. Knife River Corporation $3.5 billion
  4. United States Lime & Minerals, Inc. $3.5 billion · Building Materials
  5. YETI Holdings, Inc. $3.5 billion · Leisure

What else do people ask about Knife River?

What were Knife River's latest quarterly results?

Knife River Corporation reported revenue of $939 M and net profit of $43.9 M for the Jun 2026 quarter. Revenue rose 12.6% and profit fell 13.3% compared with a year earlier. Earnings per share were $0.77.

The operating margin was 8.8%, 2.0 percentage points lower than a year earlier (as of 4 November 2026).

What is Knife River's market cap?

Knife River Corporation's market capitalisation is $3.5 B at a stock price of $62.24. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Knife River performing?

Knife River Corporation's share price has been falling for 16 weeks. In its latest quarter, revenue rose 12.6% and profit fell 13.3% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 18 weeks running (as of 4 November 2026).

Will Knife River's stock price go up?

This page does not forecast Knife River Corporation's stock price. What it shows instead: the stock price is $62.24, and it has been falling for 16 weeks. Its P/E of 26.3× is higher than 52% of its own last 3 years (as of 4 November 2026).

Does Knife River have too much debt?

Knife River Corporation has a moderate amount of debt: its debt is 0.92× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026).

Where is Knife River in its business cycle?

Knife River Corporation's FY25 operating margin was 9.4%, against a 5-year range of 7.6% to 11.3%: the middle of its own range, neither a peak nor a low. The latest quarter was 8.8%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Knife River story?

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Knife River a stock worth studying right now?

What the numbers show: Knife River Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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