Knife River Corp
Knife River Corp operates in an unclassified economic sector with low classification confidence, generating revenue through activities not specified in the available data.
Business. Knife River Corp operates in an unclassified economic sector with low classification confidence, generating revenue through activities not specified in the available data.
Analyst recommendations
9 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Knife River Corp operates in an unclassified economic sector with low classification confidence, generating revenue through activities not specified in the available data.
Knife River Corp maintains a capital structure characterized by significant leverage, with long-term debt of $1.15 billion against total equity of $1.64 billion, resulting in a debt-to-equity ratio of 0.7. The company holds $73.8 million in cash and equivalents, leading to a negative net cash position after subtracting total debt, which contributes to a medium liquidity risk assessment. Operating cash flow stands at $278.5 million, while capital expenditures are higher at $348.0 million, indicating that operating cash flow does not fully cover investment needs in the latest period.
Profitability metrics show a return on equity of 8.93% and a return on assets of 4.02%. The company generated $3.15 billion in revenue, with gross profit of $577.3 million and operating income of $285.9 million, leading to net income of $157.1 million. Without cohort median data for comparison, these returns are evaluated in isolation, showing a net margin of approximately 5.0% on total assets.
Segment and geographic revenue mix data is absent from the provided input, preventing an analysis of revenue concentration or regional exposure. The company's operational footprint and product diversification cannot be assessed from the current dataset.
Historical period data for revenue and net income trends is not available, so the growth trajectory cannot be determined from the provided financial snapshots. The analysis is limited to the single latest normalized period.
Risk assessment highlights medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, which may constrain financial flexibility. The absence of segment data limits the ability to assess concentration risks within specific business lines.
Recent observations include analyst estimates with a mean price target of $106.02 and a median of $107.00, ranging from a low of $81.00 to a high of $125.00. The mean recommendation is 2.00, with four strong buys, two buys, and two holds, indicating a generally positive sentiment among analysts covering the stock.
- Debt-to-equity ratio of 0.7 indicates moderate leverage with $1.15 billion in long-term debt.
- Operating cash flow of $278.5 million is insufficient to cover capital expenditures of $348.0 million.
- Return on equity of 8.93% and return on assets of 4.02% reflect moderate profitability.
- Analyst consensus is positive with a mean recommendation of 2.00 and mean price target of $106.02.
- Medium liquidity risk is flagged due to negative net cash position after debt subtraction.
Bull / Bear case
Generated · model-assistedDebt-to-equity ratio of 0.7 is below the cohort median of 0.38, suggesting a conservative leverage profile.
Cash conversion ratio of 1.9 significantly exceeds the cohort median of 1.21, highlighting robust cash generation.
Current ratio of 2.54 indicates strong short-term liquidity, providing a buffer against immediate financial obligations.
Free cash flow turned negative to -$0.7 million in FY2026, signaling a severe deterioration in cash generation.
Long-term debt surged to $1.17 billion in FY2026, a significant increase from $677 million in FY2025.
Net margin of 4.6% trails the cohort median of 5.2%, indicating lower profitability efficiency than peers.
In focus — financials by report
Revenue $410.1M, +16,0% YoY; Operating income −8,9% YoY.
- ▍Revenue $410.1M, +16,0% YoY
- ▍Operating income −8,9% YoY
- ▍Net income −15,2% YoY
- ▍Free cash flow +0,5% YoY
- ▍Net margin -19.3%
Revenue $755.1M, +14,9% YoY; Operating income +48,1% YoY.
- ▍Revenue $755.1M, +14,9% YoY
- ▍Operating income +48,1% YoY
- ▍Net income +37,6% YoY
- ▍Free cash flow +91,8% YoY
- ▍Net margin 4.2%
Revenue $1.20B, +8,9% YoY; Operating income +2,9% YoY.
- ▍Revenue $1.20B, +8,9% YoY
- ▍Operating income +2,9% YoY
- ▍Net income −3,3% YoY
- ▍Free cash flow −15,4% YoY
- ▍Net margin 11.9%
Revenue $833.8M, +3,3% YoY; Operating income −24,6% YoY.
- ▍Revenue $833.8M, +3,3% YoY
- ▍Operating income −24,6% YoY
- ▍Net income −35,1% YoY
- ▍Free cash flow −200,6% YoY
- ▍Net margin 6.1%
Revenue $353.5M; Operating income -$79.2M.
- ▍Revenue $353.5M
- ▍Operating income -$79.2M
- ▍Net margin -19.4%
Revenue $657.2M; Operating income $44.0M.
- ▍Revenue $657.2M
- ▍Operating income $44.0M
- ▍Net margin 3.5%
Revenue $1.11B; Operating income $209.1M.
- ▍Revenue $1.11B
- ▍Operating income $209.1M
- ▍Net margin 13.4%
Revenue $806.9M; Operating income $116.7M.
- ▍Revenue $806.9M
- ▍Operating income $116.7M
- ▍Net margin 9.7%
Revenue $3.15B, +8,5% YoY; Operating income −8,5% YoY.
- ▍Revenue $3.15B, +8,5% YoY
- ▍Operating income −8,5% YoY
- ▍Net income −22,1% YoY
- ▍Free cash flow −100,4% YoY
- ▍Net margin 5.0%
Revenue $2.90B, +2,4% YoY; Operating income +6,7% YoY.
- ▍Revenue $2.90B, +2,4% YoY
- ▍Operating income +6,7% YoY
- ▍Net income +10,3% YoY
- ▍Free cash flow −9,1% YoY
- ▍Net margin 7.0%
Revenue $2.83B, +11,7% YoY; Operating income +52,5% YoY.
- ▍Revenue $2.83B, +11,7% YoY
- ▍Operating income +52,5% YoY
- ▍Net income +57,4% YoY
- ▍Free cash flow +231,2% YoY
- ▍Net margin 6.5%
Valuation TTM
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 3,30 |
| Revenue | —no estimate | —no estimate | 3,4B USD |
| Operating income | —no estimate | —no estimate | 333,2M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Director · Phantom Stock → Common StockAcquired 197grant · 2026-06-30
- Director · Phantom Stock → Common StockAcquired 222grant · 2026-03-31
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Return On Assetsnet_income / total_assets
- Return On Equitynet_income / total_equity
- Knife River Corporation Market data — financials · 2026-07-10
- Knife River Corp Market data — analyst estimates · 2026-07-10
- Knife River Corp Market data — ESG · 2026-07-10
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,06 %$0M
- Investment Managers · as of 2026-03-310,04 %$0M
- Investment Managers · as of 2026-03-310,03 %$191M
- Investment Managers · as of 2026-03-310,03 %$216M
- Investment Managers · as of 2026-03-310,02 %$120M
- Institutional Investor · as of 2026-03-310,02 %$46M
- Investment Managers · as of 2024-12-310,01 %$52M
- Investment Managers · as of 2026-03-310,01 %$18M
- Investment Managers · as of 2024-06-300,01 %$481M
- Investment Managers · as of 2026-03-310,01 %$69M
- Investment Managers · as of 2026-03-310,01 %$56M
- Investment Managers · as of 2026-03-310,01 %$57M
- Investment Managers · as of 2026-03-310,01 %$117M
- Investment Managers · as of 2026-03-310,01 %$113M
- Investment Managers · as of 2025-12-310,01 %$400M
- Investment Managers · as of 2026-03-310,01 %$168M
- Investment Managers · as of 2026-03-310,01 %$11M
- Institutional Investor · as of 2026-03-310,01 %$30M
- Investment Managers · as of 2026-03-310,01 %$7M
- Brokerage Firms · as of 2026-03-310,00 %$16M
- Funds · as of 2026-03-310,00 %$29M
- Investment Managers · as of 2026-03-310,00 %$8M
- Investment Managers · as of 2026-03-310,00 %$3M
- Institutional Investor · as of 2026-03-310,00 %$30M
- Brokerage Firms · as of 2026-03-310,00 %$7M
- Institutional Investor · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$5M
- Investment Managers · as of 2026-03-310,00 %$2M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Institutional Investor · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
Insider activity
- Director · Common StockOther 2 040 · 2026-05-20
- Director · Common StockOther 2 040 · 2026-05-20
- Director · Common StockOther 2 380 · 2026-05-20
- Director · Common StockOther 2 040 · 2026-05-20
- Director · Common StockOther 2 040 · 2026-05-20
- Director · Common StockOther 2 040 · 2026-05-20
- Director, President & CEO · Common StockOther 20 955 · 2026-03-06
- VP & Chief Accounting Officer · Common StockOther 1 199 · 2026-03-04
- VP & Chief Excellence Officer · Common StockOther 2 950 · 2026-03-04
- VP & Chief People Officer · Common StockOther 2 713 · 2026-03-04
- VP, Chief Legal Officer & Sec. · Common StockOther 4 611 · 2026-03-04
- Vice President & CFO · Common StockOther 5 211 · 2026-03-04
- Vice President & COO · Common StockOther 6 130 · 2026-03-04
- Director, President & CEO · Common StockOther 10 072 @ $81,74$823K · 2026-02-12
- VP & Chief Excellence Officer · Common StockOther 1 385 @ $81,74$113K · 2026-02-12
- VP & Chief Excellence Officer · Common StockOther 1 569 @ $81,74$128K · 2026-02-12
- VP, Chief Legal Officer & Sec. · Common StockOther 8 648 @ $81,74$707K · 2026-02-12
- Director, President & CEO · Common StockOther 19 572 @ $81,74$1,6M · 2026-02-12
- Vice President & COO · Common StockOther 2 880 @ $81,74$235K · 2026-02-12
- Vice President & COO · Common StockOther 4 599 @ $81,74$376K · 2026-02-12
- Vice President & CFO · Common StockOther 1 922 @ $81,74$157K · 2026-02-12
- Vice President & CFO · Common StockOther 4 336 @ $81,74$354K · 2026-02-12
- VP & Chief Accounting Officer · Common StockOther 1 232 @ $81,74$101K · 2026-02-12
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Total assets (YoY) (2025-12-31 vs 2024-12-31): 28.0%Derived (calculated)
- Net margin (FY 2025-12-31): 5.0%Derived (calculated)
- Gross margin (FY 2025-12-31): 18.4%Derived (calculated)
- Return on equity (FY 2025-12-31): 9.6%Derived (calculated)
- Return on assets (FY 2025-12-31): 4.3%Derived (calculated)
- Current ratio (FY 2025-12-31): 2.54xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 1.22xDerived (calculated)
- Cash & equivalents (YoY) (2025-12-31 vs 2024-12-31): -68.8%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 10.3%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): -22.2%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): -22.3%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): 1.3%Derived (calculated)
- Long-term debt (YoY) (2025-12-31 vs 2024-12-31): 72.1%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -22.1%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -13.6%Derived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -9.6%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): 8.5%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 11.2%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): 46.1%Derived (calculated)
- EPS (diluted) (annual): USD-PER-SHARES 3SEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES 3SEC XBRL filing
- Operating income (annual): USD 285.87MSEC XBRL filing
- Net income (annual): USD 157.07MSEC XBRL filing
- Shareholders' equity (annual): USD 1.64BSEC XBRL filing