Cash flow Knife River Corporation

Equities

KNF

US4988941047

Construction Materials

Real-time Estimate Cboe BZX Other stock markets 12:27:38 2025-07-15 pm EDT			5-day change	1st Jan Change
78.50 ^USD	-0.40%		-1.23%	-22.77%

Jun. 16	RBC Initiates Knife River at Outperform With $129 Price Target	MT
Jun. 12	Knife River Corporation, Q1 2025 Earnings Call, May 06, 2025

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Published financial data: KNIFE RIVER CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	2.18B	2.23B	2.53B	2.83B	2.9B
Total Revenues	2.18B	2.23B	2.53B	2.83B	2.9B
Cost of Goods Sold, Total	1.81B	1.88B	2.17B	2.29B	2.33B
Gross Profit	371M	347M	361M	539M	570M
Selling General & Admin Expenses, Total	158M	157M	167M	228M	241M
Other Operating Expenses, Total	158M	157M	167M	228M	241M
Operating Income	213M	190M	194M	311M	329M
Interest Expense, Total	-20.58M	-19.22M	-30.12M	-58.1M	-55.24M
Net Interest Expenses	-20.58M	-19.22M	-30.12M	-58.1M	-55.24M
Other Non Operating Income (Expenses)	-1K	1.11M	-5.35M	6.69M	8.69M
EBT, Excl. Unusual Items	192M	172M	159M	259M	282M
Merger & Related Restructuring Charges	-	-	-	-	-7.7M
Gain (Loss) On Sale Of Investments	2.5M	1.4M	-	1.9M	2.9M
Asset Writedown	-	-	-	-5.8M	-
Other Unusual Items	-	-	-	-10M	-6.5M
EBT, Incl. Unusual Items	195M	173M	159M	245M	271M
Income Tax Expense	47.43M	43.46M	42.6M	62.44M	69.32M
Earnings From Continuing Operations	147M	130M	116M	183M	202M
Net Income to Company	147M	130M	116M	183M	202M
Net Income - (IS)	147M	130M	116M	183M	202M
Net Income to Common Incl Extra Items	147M	130M	116M	183M	202M
Net Income to Common Excl. Extra Items	147M	130M	116M	183M	202M
Per Share Items
Net EPS - Basic	1.84K	1.62K	2.05	3.23	3.56
Basic EPS - Continuing Operations	1.84K	1.62K	2.05	3.23	3.56
Basic Weighted Average Shares Outstanding	80K	80K	56.57M	56.57M	56.61M
Net EPS - Diluted	1.84K	1.62K	2.05	3.23	3.55
Diluted EPS - Continuing Operations	1.84K	1.62K	2.05	3.23	3.55
Diluted Weighted Average Shares Outstanding	80K	80K	56.57M	56.67M	56.84M
Normalized Basic EPS	1.5K	1.34K	1.75	2.86	3.12
Normalized Diluted EPS	1.5K	1.34K	1.75	2.86	3.1
Supplemental Items
EBITDA	302M	291M	312M	434M	466M
EBITA	216M	193M	197M	316M	335M
EBIT	213M	190M	194M	311M	329M
EBITDAR	387M	366M	386M	507M	541M
Total Revenues (As Reported)	2.18B	2.23B	2.53B	2.83B	2.9B
Effective Tax Rate - (Ratio)	24.35	25.09	26.82	25.45	25.58
Current Domestic Taxes	45.68M	10.6M	40.52M	64.04M	69.67M
Total Current Taxes	45.68M	10.6M	40.52M	64.04M	69.67M
Deferred Domestic Taxes	1.75M	32.86M	2.08M	-1.61M	-350K
Total Deferred Taxes	1.75M	32.86M	2.08M	-1.61M	-350K
Normalized Net Income	120M	107M	99.26M	162M	176M
Interest on Long-Term Debt	-	-	-	-	55.24M
Non-Cash Pension Expense	804K	626K	509K	1.11M	1M
Supplemental Operating Expense Items
Net Rental Expense, Total	84.69M	75.01M	73.91M	72.57M	75.55M
Imputed Operating Lease Interest Expense	-	-	24.31M	46.29M	45.96M
Imputed Operating Lease Depreciation	-	-	49.6M	26.28M	29.6M
Stock-Based Comp., Other (Total)	1.78M	1.85M	1.27M	2.89M	7.83M
Total Stock-Based Compensation	1.78M	1.85M	1.27M	2.89M	7.83M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	-	13.85M	10.09M	262M	237M
Total Cash And Short Term Investments	-	13.85M	10.09M	262M	237M
Accounts Receivable, Total	-	211M	241M	294M	299M
Other Receivables	-	8.05M	16.05M	-	-
Total Receivables	-	219M	257M	294M	299M
Inventory	-	291M	323M	320M	380M
Prepaid Expenses	-	18.64M	17.85M	37.52M	27.68M
Restricted Cash	-	-	-	-	44.34M
Total Current Assets	-	543M	609M	914M	988M
Gross Property Plant And Equipment	-	2.4B	2.54B	2.62B	2.86B
Accumulated Depreciation	-	-1.1B	-1.17B	-1.26B	-1.36B
Net Property Plant And Equipment	-	1.3B	1.36B	1.36B	1.49B
Long-term Investments	-	38.48M	36.7M	41.22M	45.82M
Goodwill	-	276M	275M	274M	297M
Other Intangibles, Total	-	16.23M	13.43M	10.82M	29.41M
Other Long-Term Assets, Total	-	7.63M	-	-	-
Total Assets	-	2.18B	2.29B	2.6B	2.85B
Liabilities
Accounts Payable, Total	-	82.6M	87.37M	108M	141M
Accrued Expenses, Total	-	94.46M	114M	161M	146M
Current Portion of Long-Term Debt	-	108M	238M	7.08M	10.48M
Current Portion of Leases	-	15M	13.21M	12.95M	14.84M
Current Income Taxes Payable	-	-	-	-	8.29M
Unearned Revenue Current, Total	-	32.35M	39.84M	51.38M	42.13M
Other Current Liabilities	-	24.56M	24.69M	6.9M	7.1M
Total Current Liabilities	-	357M	517M	347M	370M
Long-Term Debt	-	576M	447M	675M	667M
Long-Term Leases	-	35.13M	32.66M	31.76M	34.53M
Pension & Other Post Retirement Benefits	-	-	-	-	13.84M
Deferred Tax Liability Non Current	-	169M	176M	175M	175M
Other Non Current Liabilities	-	91.96M	93.5M	106M	115M
Total Liabilities	-	1.23B	1.27B	1.33B	1.38B
Common Stock, Total	-	551M	550M	615M	570K
Additional Paid In Capital	-	-	-	-	621M
Retained Earnings	-	430M	495M	666M	868M
Treasury Stock	-	-3.63M	-3.63M	-3.63M	-3.63M
Comprehensive Income and Other	-	-24.49M	-12.35M	-11.32M	-9.3M
Total Common Equity	-	953M	1.03B	1.27B	1.48B
Total Equity	-	953M	1.03B	1.27B	1.48B
Total Liabilities And Equity	-	2.18B	2.29B	2.6B	2.85B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	80K	80K	80K	56.58M	56.61M
ECS Total Common Shares Outstanding	80K	80K	80K	56.58M	56.61M
Book Value / Share	-	11.91K	12.86K	22.38	26.07
Tangible Book Value	-	660M	741M	981M	1.15B
Tangible Book Value Per Share	-	8.25K	9.26K	17.33	20.3
Total Debt	-	735M	731M	726M	727M
Net Debt	-	721M	721M	464M	490M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	5.02M	5.33M	3.19M	345K
Debt Equivalent Oper. Leases	677M	600M	591M	581M	604M
Account Code - Inventory Valuation	-	6	6	6	6
Inventories - Raw Materials, Total	-	68.5M	78.57M	61.78M	91.33M
Inventories - Finished Goods, Total	-	196M	211M	225M	253M
Inventories - Others	-	27.32M	33.21M	32.53M	36.44M
Land - (BS)	-	149M	151M	154M	175M
Buildings, Total	-	149M	166M	216M	241M
Machinery, Total	-	1.41B	1.49B	1.59B	1.72B
Full Time Employees	-	3.84K	3.8K	4.39K	4.76K
Accumulated Allowance for Doubtful Accounts (Supple)	-	5.41M	5.48M	6.17M	4.34M
Order Backlog	673M	708M	935M	662M	746M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	147M	130M	116M	183M	202M
Depreciation & Amortization - CF	86.33M	98.37M	115M	119M	131M
Amortization of Goodwill and Intangible Assets - (CF)	3.3M	2.6M	2.8M	5.2M	5.9M
Depreciation & Amortization, Total	89.63M	101M	118M	124M	137M
Amortization of Deferred Charges, Total - (CF)	403K	402K	483K	3.12M	2.76M
(Gain) Loss From Sale Of Asset	-6.12M	-6.64M	-14.09M	-27K	-9.22M
(Gain) Loss on Sale of Investments - (CF)	-2.84M	-1.63M	2.52M	-2.2M	-2.92M
(Income) Loss On Equity Investments - (CF)	75K	-373K	438K	-286K	-279K
Stock-Based Compensation (CF)	1.78M	1.85M	1.27M	2.89M	7.83M
Provision and Write-off of Bad Debts	1.16M	48K	538K	2M	1.1M
Other Operating Activities, Total	3.26M	33.95M	3.38M	-424K	1.28M
Change In Accounts Receivable	7.9M	15.36M	-32.51M	-54.82M	14.06M
Change In Inventories	-11.29M	-42.44M	-31.03M	3.65M	-44.3M
Change In Accounts Payable	-10.66M	-13.9M	17.49M	33.09M	7.31M
Change in Other Net Operating Assets	11.79M	-36.11M	24.93M	42.06M	6.16M
Cash from Operations	232M	181M	207M	336M	322M
Capital Expenditure	-136M	-174M	-178M	-124M	-172M
Sale of Property, Plant, and Equipment	8.2M	12.02M	22.88M	8.28M	12M
Cash Acquisitions	-56.68M	-235M	1.74M	-	-131M
Investment in Marketable and Equity Securities, Total	-1.51M	-837K	-2.34M	-1.89M	-3.39M
Cash from Investing	-186M	-398M	-156M	-118M	-295M
Short Term Debt Issued, Total	-	-	208M	-	-
Long-Term Debt Issued, Total	-	282M	-	905M	-
Total Debt Issued	-	282M	208M	905M	-
Long-Term Debt Repaid, Total	-2.49M	-221K	-207M	-3.65M	-7.04M
Total Debt Repaid	-2.49M	-221K	-207M	-3.65M	-7.04M
Repurchase of Common Stock	-	-	-	-	-1.67M
Other Financing Activities, Total	-45.46M	-57.96M	-56.02M	-867M	-
Cash from Financing	-47.95M	224M	-55.32M	34.39M	-8.71M
Net Change in Cash	-1.4M	6.78M	-3.76M	252M	18.81M
Supplemental Items
Cash Interest Paid	14.8M	19.12M	28.15M	-	-
Cash Income Tax Paid (Refund)	41.05M	34.78M	21.19M	76.69M	62.18M
Levered Free Cash Flow	-	-	5.8M	172M	107M
Unlevered Free Cash Flow	-	-	24.15M	206M	139M
Change In Net Working Capital	-	-	38.2M	-9.03M	39.17M
Net Debt Issued / Repaid	-2.49M	282M	695K	902M	-7.04M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-	-	5.43	7.93	7.54
Return on Total Capital	-	-	7.05	10.35	9.8
Return On Equity %	-	-	11.73	15.94	14.71
Return on Common Equity	-	-	11.73	15.94	14.71
Margin Analysis
Gross Profit Margin %	17.01	15.57	14.24	19.04	19.66
SG&A Margin	7.24	7.04	6.57	8.07	8.31
EBITDA Margin %	13.89	13.05	12.31	15.35	16.06
EBITA Margin %	9.92	8.64	7.78	11.16	11.55
EBIT Margin %	9.77	8.52	7.67	10.97	11.34
Income From Continuing Operations Margin %	6.76	5.82	4.59	6.46	6.96
Net Income Margin %	6.76	5.82	4.59	6.46	6.96
Net Avail. For Common Margin %	6.76	5.82	4.59	6.46	6.96
Normalized Net Income Margin	5.52	4.82	3.92	5.72	6.09
Levered Free Cash Flow Margin	-	-	0.23	6.09	3.69
Unlevered Free Cash Flow Margin	-	-	0.95	7.26	4.78
Asset Turnover
Asset Turnover	-	-	1.13	1.16	1.06
Fixed Assets Turnover	-	-	1.9	2.08	2.03
Receivables Turnover (Average Receivables)	-	-	11.22	10.57	9.78
Inventory Turnover (Average Inventory)	-	-	7.07	7.13	6.66
Short Term Liquidity
Current Ratio	-	1.52	1.18	2.63	2.67
Quick Ratio	-	0.65	0.52	1.6	1.45
Operating Cash Flow to Current Liabilities	-	0.51	0.4	0.97	0.87
Days Sales Outstanding (Average Receivables)	-	-	32.54	34.52	37.41
Days Outstanding Inventory (Average Inventory)	-	-	51.61	51.2	54.99
Average Days Payable Outstanding	-	-	14.06	15.56	19.03
Cash Conversion Cycle (Average Days)	-	-	70.09	70.17	73.37
Long Term Solvency
Total Debt/Equity	-	77.09	71.06	57.37	49.24
Total Debt / Total Capital	-	43.53	41.54	36.46	32.99
LT Debt/Equity	-	64.15	46.62	55.79	47.52
Long-Term Debt / Total Capital	-	36.23	27.25	35.45	31.84
Total Liabilities / Total Assets	-	56.33	55.17	51.3	48.23
EBIT / Interest Expense	10.34	9.88	6.45	5.35	5.95
EBITDA / Interest Expense	14.7	19.04	12.82	8.73	9.8
(EBITDA - Capex) / Interest Expense	8.1	9.97	6.9	6.59	6.68
Total Debt / EBITDA	-	2.01	1.89	1.43	1.34
Net Debt / EBITDA	-	1.97	1.87	0.92	0.91
Total Debt / (EBITDA - Capex)	-	3.83	3.52	1.9	1.97
Net Debt / (EBITDA - Capex)	-	3.76	3.47	1.21	1.33
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	2.34	13.72	11.66	2.43
Gross Profit, 1 Yr. Growth %	-	-6.38	4.02	49.33	5.73
EBITDA, 1 Yr. Growth %	-	-3.82	6.86	39.77	7.2
EBITA, 1 Yr. Growth %	-	-10.92	1.76	59.57	5.99
EBIT, 1 Yr. Growth %	-	-10.77	1.68	60.93	5.87
Earnings From Cont. Operations, 1 Yr. Growth %	-	-11.93	-10.43	57.35	10.28
Net Income, 1 Yr. Growth %	-	-11.93	-10.43	57.35	10.28
Normalized Net Income, 1 Yr. Growth %	-	-10.63	-8.31	65.18	8.91
Diluted EPS Before Extra, 1 Yr. Growth %	-	-11.93	-99.87	57.56	9.91
Accounts Receivable, 1 Yr. Growth %	-	-	14.55	21.87	1.51
Inventory, 1 Yr. Growth %	-	-	10.92	-1.13	19
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	4.66	-0.1	9.66
Total Assets, 1 Yr. Growth %	-	-	5.16	13.32	9.67
Tangible Book Value, 1 Yr. Growth %	-	-	12.18	32.42	17.21
Common Equity, 1 Yr. Growth %	-	-	7.95	23.08	16.59
Cash From Operations, 1 Yr. Growth %	-	-22.02	14.46	61.84	-3.99
Capital Expenditures, 1 Yr. Growth %	-	28.23	2.26	-30.24	38.74
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-	3.35K	-17.4
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-	780.55	-14.73
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	7.88	12.69	6.94
Gross Profit, 2 Yr. CAGR %	-	-	-1.32	24.63	25.66
EBITDA, 2 Yr. CAGR %	-	-	1.3	22.2	22.41
EBITA, 2 Yr. CAGR %	-	-	-4.87	27.38	30.05
EBIT, 2 Yr. CAGR %	-	-	-4.83	27.89	30.53
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	-11.18	18.72	31.73
Net Income, 2 Yr. CAGR %	-	-	-11.18	18.72	31.73
Normalized Net Income, 2 Yr. CAGR %	-	-	-9.7	22.83	32.16
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-96.66	18.76	31.59
Accounts Receivable, 2 Yr. CAGR %	-	-	-	18.15	11.23
Inventory, 2 Yr. CAGR %	-	-	-	4.72	8.47
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	-	2.26	4.67
Total Assets, 2 Yr. CAGR %	-	-	-	9.16	11.48
Tangible Book Value, 2 Yr. CAGR %	-	-	-	21.88	24.58
Common Equity, 2 Yr. CAGR %	-	-	-	15.27	19.79
Cash From Operations, 2 Yr. CAGR %	-	-	-5.52	36.1	24.65
Capital Expenditures, 2 Yr. CAGR %	-	-	14.51	-15.54	-1.62
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	362.16
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-	143.68
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	9.13	9.16
Gross Profit, 3 Yr. CAGR %	-	-	-	13.3	17.98
EBITDA, 3 Yr. CAGR %	-	-	-	12.83	16.98
EBITA, 3 Yr. CAGR %	-	-	-	13.48	19.81
EBIT, 3 Yr. CAGR %	-	-	-	13.43	20.08
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	7.47	15.84
Net Income, 3 Yr. CAGR %	-	-	-	7.47	15.84
Normalized Net Income, 3 Yr. CAGR %	-	-	-	10.47	18
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	7.5	15.73
Accounts Receivable, 3 Yr. CAGR %	-	-	-	-	12.32
Inventory, 3 Yr. CAGR %	-	-	-	-	9.28
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	-	4.67
Total Assets, 3 Yr. CAGR %	-	-	-	-	9.33
Tangible Book Value, 3 Yr. CAGR %	-	-	-	-	20.3
Common Equity, 3 Yr. CAGR %	-	-	-	-	15.71
Cash From Operations, 3 Yr. CAGR %	-	-	-	13.04	21.16
Capital Expenditures, 3 Yr. CAGR %	-	-	-	-2.93	-0.35