KNF - Knife River Corporation
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$99.75
DETAILS
HIGH:
$109.00
LOW:
$80.00
MEDIAN:
$105.00
CONSENSUS:
$99.75
UPSIDE:
38.16%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | ||||||
| Revenue | 3,146 | 2,899.0 | 2,830.3 | 2,534.7 | 2,228.9 | 2,178.0 |
| Cost of Revenue | 2,568.7 | 2,329.2 | 2,291.4 | 2,173.8 | 1,882.0 | 1,807.4 |
| Gross Profit | 577.3 | 569.8 | 538.9 | 360.9 | 346.9 | 370.6 |
| Operating Expenses | ||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 291.5 | 253.6 | 242.5 | 166.6 | 155.9 | 156.1 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 291.5 | 253.6 | 242.5 | 166.6 | 155.9 | 156.1 |
| Operating Income | ||||||
| Operating Income | 285.8 | 316.2 | 296.4 | 194.3 | 191.1 | 214.5 |
| Interest Expense | 81.9 | 55.2 | 58.1 | 30.1 | 19.2 | 20.6 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||
| EBITDA | 488.8 | 463.1 | 427.2 | 306.7 | 293.4 | 305.0 |
| EBIT | 295.1 | 326.2 | 303.4 | 188.9 | 192.4 | 215.3 |
| Income Before Tax | 213.2 | 271.0 | 245.3 | 158.8 | 173.2 | 194.8 |
| Income Tax Expense | 56.1 | 69.3 | 62.4 | 42.6 | 43.5 | 47.4 |
| Net Income | 157.1 | 201.7 | 182.9 | 116.2 | 129.8 | 147.3 |
| Per Share Data | ||||||
| EPS (Basic) | 2.77 | 3.56 | 3.23 | 2.05 | 2.29 | 2.60 |
| EPS (Diluted) | 2.76 | 3.55 | 3.23 | 2.05 | 2.29 | 2.60 |
| Shares Outstanding | 56.7 | 56.6 | 56.6 | 56.6 | 56.6 | 56.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Current Assets | |||||
| Cash & Cash Equivalents | 123.4 | 281.1 | 262.3 | 10.1 | 13.8 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 278.1 | 267.2 | 266.8 | 226.2 | 196.7 |
| Inventory | 435.7 | 380.3 | 319.6 | 323.3 | 291.4 |
| Other Current Assets | 123.7 | 59.0 | 64.8 | 49.0 | 40.6 |
| Total Current Assets | 960.9 | 987.7 | 913.5 | 608.6 | 542.6 |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 2,081.5 | 1,491.1 | 1,359.8 | 1,361.1 | 1,300.4 |
| Goodwill | 519.7 | 297.2 | 274.5 | 274.5 | 276.4 |
| Intangible Assets | 32.7 | 29.4 | 10.8 | 13.4 | 16.2 |
| Long-Term Investments | 55.3 | 45.8 | 41.2 | 36.7 | 38.5 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 7.6 |
| Total Non-Current Assets | 2,689.2 | 1,863.5 | 1,686.3 | 1,685.8 | 1,639.2 |
| Total Assets | 3,650.1 | 2,851.2 | 2,599.8 | 2,294.3 | 2,181.8 |
| Current Liabilities | |||||
| Account Payables | 145.6 | 140.8 | 107.7 | 87.4 | 82.6 |
| Short-Term Debt | 27.6 | 10.5 | 7.1 | 238.2 | 108.2 |
| Deferred Revenue | 0 | 42.1 | 51.4 | 39.8 | 32.3 |
| Other Current Liabilities | 193.5 | 50.7 | 48.1 | 29.2 | 25.7 |
| Total Current Liabilities | 378 | 370.0 | 347.3 | 516.9 | 357.2 |
| Non-Current Liabilities | |||||
| Long-Term Debt | 1,190.5 | 666.9 | 674.6 | 446.9 | 576.2 |
| Deferred Tax Liabilities | 287.9 | 174.7 | 174.5 | 175.8 | 168.5 |
| Other Non-Current Liabilities | 116.1 | 128.9 | 105.7 | 93.5 | 92.0 |
| Total Non-Current Liabilities | 1,631.2 | 1,005.1 | 986.5 | 748.8 | 871.8 |
| Total Liabilities | 2,009.2 | 1,375.1 | 1,333.8 | 1,265.7 | 1,229.0 |
| Stockholders' Equity | |||||
| Common Stock | 0.6 | 0.6 | 0.6 | 0.8 | 0.8 |
| Retained Earnings | 1,024.6 | 867.5 | 665.9 | 494.7 | 430.4 |
| Accumulated Other Comprehensive Income | (10.3) | (9.3) | (11.3) | (12.4) | (24.5) |
| Total Stockholders' Equity | 1,640.9 | 1,476.1 | 1,266.0 | 1,028.6 | 952.8 |
| Total Liabilities & Equity | 3,650.1 | 2,851.2 | 2,599.8 | 2,294.3 | 2,181.8 |
| Debt Metrics | |||||
| Total Debt | 1,254.8 | 726.8 | 726.4 | 731.0 | 734.5 |
| Net Debt | 1,131.4 | 445.6 | 464.0 | 720.9 | 720.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | 157.1 | 201.7 | 182.9 | 116.2 | 129.8 | 147.3 |
| Depreciation & Amortization | 0 | 139.6 | 123.8 | 117.8 | 93.5 | 0 |
| Stock-Based Compensation | (2.6) | 7.8 | 2.9 | 1.3 | 1.9 | 1.8 |
| Change in Working Capital | (88.1) | (24.1) | 20.1 | (29.0) | (64.6) | (7.8) |
| Other Non-Cash Items | 212.1 | (2.7) | 7.7 | (0.9) | (12.1) | 89.3 |
| Operating Cash Flow | 278.5 | 322.3 | 335.7 | 207.4 | 181.2 | 232.4 |
| Investing Activities | ||||||
| Capital Expenditure | (348.1) | (172.4) | (124.3) | (178.2) | (174.2) | (135.9) |
| Acquisitions | (610) | (131.0) | 0 | 1.7 | (235.2) | (56.7) |
| Purchases of Investments | 0 | 0 | 0 | (2.3) | (0.8) | (1.5) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 174.2 | 0 |
| Other Investing Activities | 44.4 | 8.6 | 6.4 | 22.9 | (162.2) | 8.2 |
| Investing Cash Flow | (913.7) | (294.8) | (117.9) | (155.9) | (398.3) | (185.9) |
| Financing Activities | ||||||
| Net Debt Issuance | 480.1 | (7.0) | 901.6 | 0.7 | 281.8 | (2.5) |
| Stock Repurchased | 0 | (1.7) | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (2.6) | 0 | (867.2) | (56.0) | (58.0) | (45.5) |
| Financing Cash Flow | 477.5 | (8.7) | 34.4 | (55.3) | 223.8 | (47.9) |
| Cash Position | ||||||
| Net Change in Cash | (157.7) | 18.8 | 252.2 | (3.8) | 6.8 | (1.4) |
| Cash at Beginning | 281.1 | 262.3 | 10.1 | 13.8 | 7.1 | 8.5 |
| Cash at End | 123.4 | 281.1 | 262.3 | 10.1 | 13.8 | 7.1 |
| Free Cash Flow | (69.6) | 149.9 | 211.4 | 29.3 | 7.0 | 96.5 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Income Statement | ||||||
| Revenue | 3,146 | 2,899.0 | 2,830.3 | 2,534.7 | 2,228.9 | 2,178.0 |
| Gross Profit | 577.3 | 569.8 | 538.9 | 360.9 | 346.9 | 370.6 |
| Operating Income | 285.8 | 316.2 | 296.4 | 194.3 | 191.1 | 214.5 |
| Net Income | 157.1 | 201.7 | 182.9 | 116.2 | 129.8 | 147.3 |
| EPS (Diluted) | 2.76 | 3.55 | 3.23 | 2.05 | 2.29 | 2.60 |
| Balance Sheet | ||||||
| Cash & Equivalents | 123.4 | 281.1 | 262.3 | 10.1 | 13.8 | |
| Total Assets | 3,650.1 | 2,851.2 | 2,599.8 | 2,294.3 | 2,181.8 | |
| Total Debt | 1,254.8 | 726.8 | 726.4 | 731.0 | 734.5 | |
| Stockholders' Equity | 1,640.9 | 1,476.1 | 1,266.0 | 1,028.6 | 952.8 | |
| Cash Flow | ||||||
| Operating Cash Flow | 278.5 | 322.3 | 335.7 | 207.4 | 181.2 | 232.4 |
| Capital Expenditure | (348.1) | (172.4) | (124.3) | (178.2) | (174.2) | (135.9) |
| Free Cash Flow | (69.6) | 149.9 | 211.4 | 29.3 | 7.0 | 96.5 |