Knife River Corp (KNF) FinancialsKNFKnife River Corp

Knife River Corp (KNF) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Contracting services public-sector, accounting for 34.2% of total sales, equivalent to $320.60M. Other significant revenue streams include Ready-mix concrete and Aggregates. Understanding this composition is critical for investors evaluating how KNF navigates market cycles within the Construction Materials industry.

Evaluating the bottom line, Knife River Corp maintains a gross margin of 11.86%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 8.81%, while the net margin is -2.62%. These profitability ratios, combined with a Return on Equity (ROE) of 9.12%, provide a clear picture of how effectively KNF converts its operational activities into shareholder value.

In the context of the broader market, KNF competes directly with industry leaders such as USLM and TTAM. With a market capitalization of $2.78B, it holds a significant position in the sector. When comparing efficiency, KNF's gross margin of 11.86% stands against USLM's 47.13% and TTAM's 23.59%. Such benchmarking helps identify whether Knife River Corp is trading at a premium or discount relative to its financial performance.

Recent financial performance shows volatility, with net income fluctuating significantly. For example, in Q2 2026, net income was $43.88 million, but it was negative in Q1 2026 at -$79.18 million. The gross margin has also been inconsistent, with Q2 2026 at 17.34% compared to a peak of 23.62% in Q3 2025.