KNF - Knife River Corporation
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$85.25
DETAILS
HIGH:
$103.00
LOW:
$73.00
MEDIAN:
$82.50
CONSENSUS:
$85.25
UPSIDE:
37.88%
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||
| Revenue | 938.6 | 410.1 | 755.1 | 1,203.7 | 833.8 | 353.5 | 657.2 | 1,105.3 | 806.9 | 329.6 | 646.9 | 1,090.4 | 785.2 | 307.9 | 537.5 | 975.4 | 711.8 | 310.0 |
| Cost of Revenue | 775.8 | 412.9 | 609.8 | 917.6 | 676.5 | 363.1 | 543.1 | 832.3 | 630.7 | 323.1 | 534.4 | 821.0 | 632.2 | 303.8 | 479.2 | 790.9 | 608.5 | 308.9 |
| Gross Profit | 162.8 | (2.8) | 145.3 | 286.1 | 157.2 | (9.6) | 114.1 | 273.0 | 176.2 | 6.5 | 112.5 | 269.4 | 153.0 | 4.1 | 58.3 | 184.5 | 103.3 | 1.1 |
| Operating Expenses | ||||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 81.7 | 81.5 | 80.1 | 68.0 | 69.2 | 73.1 | 70.1 | 63.9 | 59.5 | 60.2 | 75.3 | 59.2 | 59.5 | 48.7 | 52.5 | 41.6 | 42.9 | 45.7 |
| Other Expenses | 0 | 0 | 0 | 2.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 81.7 | 81.5 | 80.1 | 70.9 | 69.2 | 73.1 | 70.1 | 63.9 | 59.5 | 60.2 | 75.3 | 59.2 | 59.5 | 48.7 | 52.5 | 41.6 | 42.9 | 45.7 |
| Operating Income | ||||||||||||||||||
| Operating Income | 81.1 | (84.2) | 65.2 | 215.2 | 88.1 | (82.7) | 44.0 | 209.1 | 116.7 | (53.7) | 37.2 | 210.2 | 93.5 | (44.6) | 5.8 | 142.9 | 60.4 | (44.6) |
| Interest Expense | 24.5 | 20.7 | 21.3 | 23.0 | 22.3 | 15.3 | 13.4 | 13.9 | 13.9 | 14.0 | 14.1 | 15.4 | 19.2 | 9.5 | 39.6 | 8.8 | 7.4 | 5.3 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||
| EBITDA | 84.4 | (34.8) | 117.8 | 269.9 | 140.5 | (39.3) | 81.9 | 246.4 | 152.6 | (17.8) | 72.2 | 242.0 | 127.1 | (14.1) | 37.1 | 172.1 | 87.4 | (18.2) |
| EBIT | 84.4 | (86.9) | 66.5 | 216.4 | 90.3 | (78.1) | 46.5 | 211.6 | 118.0 | (50.0) | 40.9 | 210.2 | 96.0 | (43.7) | 7.8 | 141.6 | 57.7 | (46.5) |
| Income Before Tax | 59.9 | (107.6) | 45.2 | 193.4 | 67.9 | (93.3) | 33.1 | 197.7 | 104.1 | (64.0) | 26.8 | 194.9 | 76.9 | (53.2) | (31.7) | 132.8 | 50.1 | (51.8) |
| Income Tax Expense | 16 | (28.4) | 13.2 | 50.2 | 17.3 | (24.6) | 9.9 | 49.6 | 26.2 | (16.3) | 6.1 | 48.2 | 20.0 | (11.9) | (6.4) | 33.2 | 11.6 | (11.8) |
| Net Income | 43.9 | (79.2) | 32 | 143.2 | 50.6 | (68.7) | 23.3 | 148.1 | 77.9 | (47.6) | 20.7 | 146.7 | 56.8 | (41.3) | (25.3) | 99.7 | 38.6 | (40.0) |
| Per Share Data | ||||||||||||||||||
| EPS (Basic) | 0.77 | -1.40 | 0.56 | 2.53 | 0.89 | -1.21 | 0.41 | 2.62 | 1.38 | -0.84 | 0.37 | 2.59 | 1.00 | -0.73 | -0.45 | 1.76 | 0.68 | -0.71 |
| EPS (Diluted) | 0.77 | -1.40 | 0.56 | 2.52 | 0.89 | -1.21 | 0.41 | 2.60 | 1.37 | -0.84 | 0.36 | 2.59 | 1.00 | -0.73 | -0.45 | 1.76 | 0.68 | -0.71 |
| Shares Outstanding | 56.7 | 56.7 | 56.7 | 56.8 | 56.7 | 56.6 | 56.6 | 56.6 | 56.6 | 56.6 | 56.6 | 56.6 | 56.6 | 56.6 | 56.6 | 56.6 | 56.6 | 56.6 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||||||
| Cash & Cash Equivalents | 40.7 | 13.3 | 123.4 | 30.7 | 26.6 | 86.1 | 281.1 | 267.4 | 15.5 | 170.7 | 262.3 | 116.2 | 68.5 | 7.2 | 10.1 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 474.0 | 227.3 | 278.0 | 516.8 | 428.1 | 238.1 | 267.2 | 449.2 | 422.9 | 183.7 | 266.8 | 542.4 | 476.6 | 222.4 | 226.2 |
| Inventory | 507.3 | 480.5 | 435.7 | 436.5 | 479.5 | 467.1 | 380.3 | 347.3 | 385.4 | 375.8 | 319.6 | 314.7 | 374.4 | 373.2 | 323.3 |
| Other Current Assets | 177.7 | 221.2 | 123.8 | 151.3 | 169.0 | 155.5 | 59.0 | 95.7 | 125.9 | 87.6 | 64.8 | 38.1 | 38.8 | 36.3 | 49.0 |
| Total Current Assets | 1,271.7 | 942.3 | 960.9 | 1,135.3 | 1,103.3 | 946.7 | 987.7 | 1,159.6 | 949.7 | 817.8 | 913.5 | 1,011.4 | 958.3 | 639.2 | 608.6 |
| Non-Current Assets | |||||||||||||||
| Property, Plant & Equipment | 2,228.1 | 2,208.0 | 2,081.5 | 2,011.4 | 1,973.3 | 1,790.0 | 1,491.1 | 1,393.6 | 1,403.2 | 1,366.4 | 1,359.8 | 1,343.8 | 1,357.4 | 1,361.4 | 1,361.1 |
| Goodwill | 584.0 | 573.1 | 519.7 | 469.4 | 464.1 | 449.6 | 297.2 | 275.3 | 275.2 | 274.5 | 274.5 | 274.5 | 274.5 | 274.5 | 274.5 |
| Intangible Assets | 33.7 | 38.1 | 32.7 | 33.4 | 38.1 | 42.0 | 29.4 | 9.9 | 10.1 | 10.3 | 10.8 | 11.5 | 12.1 | 12.8 | 13.4 |
| Long-Term Investments | 60.4 | 56.3 | 55.3 | 53.8 | 52.6 | 52.5 | 45.8 | 45.8 | 44.6 | 44.7 | 41.2 | 39.7 | 40.6 | 38.9 | 36.7 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 2,906.2 | 2,875.6 | 2,689.2 | 2,568.0 | 2,528.2 | 2,334.0 | 1,863.5 | 1,724.5 | 1,733.2 | 1,695.9 | 1,686.3 | 1,669.5 | 1,684.6 | 1,687.6 | 1,685.8 |
| Total Assets | 4,177.8 | 3,817.9 | 3,650.1 | 3,703.3 | 3,631.5 | 3,280.7 | 2,851.2 | 2,884.1 | 2,682.9 | 2,513.6 | 2,599.8 | 2,680.9 | 2,642.9 | 2,326.8 | 2,294.3 |
| Current Liabilities | |||||||||||||||
| Account Payables | 227.9 | 131.4 | 145.6 | 211.2 | 172.2 | 112.0 | 140.8 | 180.6 | 164.2 | 97.4 | 107.7 | 149.0 | 174.6 | 80.4 | 87.4 |
| Short-Term Debt | 17.2 | 11.7 | 11.7 | 11.8 | 11.8 | 11.8 | 10.5 | 8.8 | 7.1 | 7.1 | 7.1 | 7.1 | 7.1 | 238.2 | 238.2 |
| Deferred Revenue | 26.6 | 30.3 | 33.8 | 42.8 | 36.3 | 42.0 | 42.1 | 44.8 | 45.1 | 50.8 | 51.4 | 58.8 | 44.6 | 37.4 | 39.8 |
| Other Current Liabilities | 38.4 | 23.1 | 44.3 | 37.0 | 31.4 | 19.0 | 50.7 | 42.1 | 29.2 | 17.7 | 48.1 | 37.9 | 26.0 | 14.0 | 29.2 |
| Total Current Liabilities | 477.2 | 352.3 | 378.0 | 474.4 | 397.2 | 322.1 | 370.0 | 426.1 | 378.3 | 297.2 | 347.3 | 425.0 | 384.4 | 473.2 | 516.9 |
| Non-Current Liabilities | |||||||||||||||
| Long-Term Debt | 1,600.1 | 1,421.6 | 1,153.8 | 1,176.0 | 1,341.2 | 1,160.4 | 666.9 | 669.7 | 672.5 | 673.5 | 674.6 | 675.6 | 832.0 | 578.4 | 446.9 |
| Deferred Tax Liabilities | 296.5 | 292.3 | 287.9 | 264.2 | 257.5 | 221.6 | 174.7 | 187.9 | 179.2 | 174.1 | 174.5 | 174.0 | 170.5 | 175.1 | 175.8 |
| Other Non-Current Liabilities | 163.3 | 158.3 | 152.8 | 146.3 | 139.7 | 136.0 | 128.9 | 117.6 | 120.0 | 117.6 | 105.7 | 132.7 | 129.3 | 94.3 | 93.5 |
| Total Non-Current Liabilities | 2,094.7 | 1,906.2 | 1,631.2 | 1,621.7 | 1,773.1 | 1,551.1 | 1,005.1 | 1,009.1 | 1,005.8 | 997.8 | 986.5 | 1,012.9 | 1,163.7 | 878.8 | 748.8 |
| Total Liabilities | 2,571.9 | 2,258.5 | 2,009.2 | 2,096.1 | 2,170.3 | 1,873.1 | 1,375.1 | 1,435.2 | 1,384.2 | 1,295.0 | 1,333.8 | 1,437.9 | 1,548.0 | 1,352 | 1,265.7 |
| Stockholders' Equity | |||||||||||||||
| Common Stock | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.8 | 0.8 |
| Retained Earnings | 989.3 | 945.4 | 1,024.6 | 992.6 | 849.4 | 798.8 | 867.5 | 844.3 | 696.2 | 618.2 | 665.9 | 645.2 | 498.5 | 441.7 | 494.7 |
| Accumulated Other Comprehensive Income | (10.0) | (10.1) | (10.3) | (9.1) | (9.2) | (9.2) | (9.3) | (11.1) | (11.2) | (11.2) | (11.3) | (12.1) | (12.2) | (12.3) | (12.4) |
| Total Stockholders' Equity | 1,605.9 | 1,559.3 | 1,640.9 | 1,607.2 | 1,461.1 | 1,407.6 | 1,476.1 | 1,448.9 | 1,298.7 | 1,218.6 | 1,266.0 | 1,243.0 | 1,094.9 | 974.8 | 1,028.6 |
| Total Liabilities & Equity | 4,177.8 | 3,817.9 | 3,650.1 | 3,703.3 | 3,631.5 | 3,280.7 | 2,851.2 | 2,884.1 | 2,682.9 | 2,513.6 | 2,599.8 | 2,680.9 | 2,642.9 | 2,326.8 | 2,294.3 |
| Debt Metrics | |||||||||||||||
| Total Debt | 1,668.6 | 1,483.0 | 1,218.1 | 1,237.7 | 1,402.1 | 1,218.7 | 726.8 | 725.9 | 727.4 | 726.4 | 726.4 | 727.0 | 885.1 | 860.6 | 731.0 |
| Net Debt | 1,628.0 | 1,469.6 | 1,094.7 | 1,207.0 | 1,375.5 | 1,132.6 | 445.6 | 458.5 | 711.9 | 555.8 | 464.0 | 610.9 | 816.6 | 853.4 | 720.9 |
| Metric | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||
| Net Income | 43.9 | (79.2) | 32.0 | 143.2 | 50.6 | (68.7) | 23.3 | 148.1 | 77.9 | (47.6) | 20.7 | 146.7 | 56.8 | (41.3) | 18.0 | 99.7 | 38.6 | (40.0) |
| Depreciation & Amortization | 56.4 | 52.1 | 51.3 | 53.5 | 50.2 | 38.8 | 35.4 | 34.8 | 34.5 | 32.2 | 0 | 32.6 | 0 | 26.6 | 0 | 30.6 | 30.6 | 28.0 |
| Stock-Based Compensation | 2.6 | 2.9 | 2.9 | 2.9 | 2.9 | 2.8 | 2.1 | 2.0 | 1.8 | 1.8 | 0.8 | 1.5 | 0.2 | 0.5 | 0.5 | 0.2 | 0.3 | 0.3 |
| Change in Working Capital | 29.9 | (35.8) | 99.0 | 45.0 | (137.0) | (94.8) | 126.8 | 49.6 | (162.4) | (27.8) | 155.8 | 35.8 | (106.8) | (64.7) | 125.9 | 53.5 | (143.6) | (61.9) |
| Other Non-Cash Items | (212.3) | 5.6 | (8.2) | (0.8) | (8.6) | (3.8) | (1.3) | (3.5) | (3.4) | (1.5) | 5.3 | 3.4 | 63.2 | 0.4 | 26.6 | 3.2 | 0.0 | 0.8 |
| Operating Cash Flow | (75.1) | (58.5) | 195.9 | 250.4 | (42.6) | (125.3) | 172.4 | 239.7 | (46.6) | (43.2) | 182.8 | 223.3 | 8.9 | (79.3) | 168.0 | 187.2 | (71.6) | (76.2) |
| Investing Activities | ||||||||||||||||||
| Capital Expenditure | (72.9) | (77.3) | (57.7) | (61.7) | (153.6) | (75.0) | (45.3) | (23.5) | (59.9) | (43.7) | (37.8) | (19.9) | (24.2) | (42.4) | (56.3) | (41.6) | (39.5) | (40.8) |
| Acquisitions | (10.2) | (174.2) | (82.0) | (26.1) | (58.5) | (443.4) | (116.0) | (4.8) | (5.1) | 1.6 | 0 | 1.1 | 0 | 3.2 | 1.3 | 1.0 | 1.7 | (0.5) |
| Purchases of Investments | (2.8) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (3.0) | 0 | (0.1) | (0.1) | (1.6) | (0.1) | 0 | (0.1) | (1.5) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.1) | 0 | (3.2) | 0 | 0 | (1.7) | 40.8 |
| Other Investing Activities | 4.3 | 0.5 | 9.1 | 6.7 | 13.8 | 14.8 | 4.3 | 0.7 | 0 | 0 | 2.9 | 1.1 | 0.9 | 3.2 | 17.2 | 0.8 | 1.7 | (38.2) |
| Investing Cash Flow | (81.5) | (251.1) | (130.6) | (81.1) | (198.3) | (503.6) | (157.0) | (27.6) | (65.1) | (45.1) | (34.9) | (18.9) | (23.4) | (40.8) | (38.0) | (39.8) | (37.8) | (40.3) |
| Financing Activities | ||||||||||||||||||
| Net Debt Issuance | 187.0 | 267.1 | (22.9) | (165.9) | 180.1 | 500.0 | (1.8) | (1.8) | (1.8) | (1.7) | (1.8) | (156.8) | 928.6 | 131.5 | (126.0) | (128.1) | 123.2 | 131.6 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | (2.7) | 0 | 0 | (0.0) | (1.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (3.8) | (5.4) | 0 | 0 | 0 | (11.1) | 0 | 0 | 0 | 0 | 0.0 | 0 | (852.9) | (14.4) | (13.0) | (13.0) | (13.0) | (17.0) |
| Financing Cash Flow | 183.2 | 261.6 | (22.9) | (165.9) | 180.1 | 486.3 | (1.8) | (1.8) | (1.8) | (3.4) | (1.7) | (156.8) | 75.7 | 117.2 | (139.0) | (141.1) | 110.2 | 114.6 |
| Cash Position | ||||||||||||||||||
| Net Change in Cash | 26.6 | (48.0) | 42.3 | 3.4 | (60.8) | (142.7) | 13.7 | 210.3 | (113.5) | (91.7) | 146.2 | 47.7 | 61.3 | (2.9) | (8.9) | 6.3 | 0.7 | (1.9) |
| Cash at Beginning | 75.5 | 123.4 | 81.1 | 77.7 | 138.5 | 281.1 | 267.4 | 57.2 | 170.7 | 262.3 | 116.2 | 68.5 | 7.2 | 10.1 | 19.0 | 12.7 | 12.0 | 13.8 |
| Cash at End | 102.0 | 75.5 | 123.4 | 81.1 | 77.7 | 138.5 | 281.1 | 267.4 | 57.2 | 170.7 | 262.3 | 116.2 | 68.5 | 7.2 | 10.1 | 19.0 | 12.7 | 12.0 |
| Free Cash Flow | (147.9) | (135.9) | 138.2 | 188.7 | (196.2) | (200.2) | 127.2 | 216.1 | (106.5) | (86.9) | 145.0 | 203.4 | (15.3) | (121.7) | 111.7 | 145.6 | (111.1) | (117.0) |
| Key Metrics | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 | 2024 Q3 | 2024 Q2 | 2024 Q1 | 2023 Q4 | 2023 Q3 | 2023 Q2 | 2023 Q1 | 2022 Q4 | 2022 Q3 | 2022 Q2 | 2022 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||
| Revenue | 938.6 | 410.1 | 755.1 | 1,203.7 | 833.8 | 353.5 | 657.2 | 1,105.3 | 806.9 | 329.6 | 646.9 | 1,090.4 | 785.2 | 307.9 | 537.5 | 975.4 | 711.8 | 310.0 |
| Gross Profit | 162.8 | (2.8) | 145.3 | 286.1 | 157.2 | (9.6) | 114.1 | 273.0 | 176.2 | 6.5 | 112.5 | 269.4 | 153.0 | 4.1 | 58.3 | 184.5 | 103.3 | 1.1 |
| Operating Income | 81.1 | (84.2) | 65.2 | 215.2 | 88.1 | (82.7) | 44.0 | 209.1 | 116.7 | (53.7) | 37.2 | 210.2 | 93.5 | (44.6) | 5.8 | 142.9 | 60.4 | (44.6) |
| Net Income | 43.9 | (79.2) | 32 | 143.2 | 50.6 | (68.7) | 23.3 | 148.1 | 77.9 | (47.6) | 20.7 | 146.7 | 56.8 | (41.3) | (25.3) | 99.7 | 38.6 | (40.0) |
| EPS (Diluted) | 0.77 | -1.40 | 0.56 | 2.52 | 0.89 | -1.21 | 0.41 | 2.60 | 1.37 | -0.84 | 0.36 | 2.59 | 1.00 | -0.73 | -0.45 | 1.76 | 0.68 | -0.71 |
| Balance Sheet | ||||||||||||||||||
| Cash & Equivalents | 40.7 | 13.3 | 123.4 | 30.7 | 26.6 | 86.1 | 281.1 | 267.4 | 15.5 | 170.7 | 262.3 | 116.2 | 68.5 | 7.2 | 10.1 | |||
| Total Assets | 4,177.8 | 3,817.9 | 3,650.1 | 3,703.3 | 3,631.5 | 3,280.7 | 2,851.2 | 2,884.1 | 2,682.9 | 2,513.6 | 2,599.8 | 2,680.9 | 2,642.9 | 2,326.8 | 2,294.3 | |||
| Total Debt | 1,668.6 | 1,483.0 | 1,218.1 | 1,237.7 | 1,402.1 | 1,218.7 | 726.8 | 725.9 | 727.4 | 726.4 | 726.4 | 727.0 | 885.1 | 860.6 | 731.0 | |||
| Stockholders' Equity | 1,605.9 | 1,559.3 | 1,640.9 | 1,607.2 | 1,461.1 | 1,407.6 | 1,476.1 | 1,448.9 | 1,298.7 | 1,218.6 | 1,266.0 | 1,243.0 | 1,094.9 | 974.8 | 1,028.6 | |||
| Cash Flow | ||||||||||||||||||
| Operating Cash Flow | (75.1) | (58.5) | 195.9 | 250.4 | (42.6) | (125.3) | 172.4 | 239.7 | (46.6) | (43.2) | 182.8 | 223.3 | 8.9 | (79.3) | 168.0 | 187.2 | (71.6) | (76.2) |
| Capital Expenditure | (72.9) | (77.3) | (57.7) | (61.7) | (153.6) | (75.0) | (45.3) | (23.5) | (59.9) | (43.7) | (37.8) | (19.9) | (24.2) | (42.4) | (56.3) | (41.6) | (39.5) | (40.8) |
| Free Cash Flow | (147.9) | (135.9) | 138.2 | 188.7 | (196.2) | (200.2) | 127.2 | 216.1 | (106.5) | (86.9) | 145.0 | 203.4 | (15.3) | (121.7) | 111.7 | 145.6 | (111.1) | (117.0) |