Knife River Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	2,923	2,899	2,830	2,535	2,229	2,178
Revenue Growth (YoY)	2.48%	2.43%	11.66%	13.72%	2.34%	-
Cost of Revenue	2,369	2,329	2,291	2,174	1,882	1,807
Gross Profit	553.74	569.83	538.94	360.89	346.95	370.58
Selling, General & Admin	249.34	240.99	228.32	167.88	157.03	157.74
Operating Expenses	249.34	240.99	228.32	167.88	157.03	157.74
Operating Income	304.4	328.84	310.61	193.01	189.92	212.83
Interest Expense	-56.53	-55.24	-58.1	-30.12	-19.22	-20.58
Other Non Operating Income (Expenses)	5.97	8.69	6.69	-1.27	1.11	-0
EBT Excluding Unusual Items	253.84	282.29	259.21	161.62	171.81	192.26
Merger & Restructuring Charges	-13	-7.7	-	-	-	-
Gain (Loss) on Sale of Investments	2.9	2.9	1.9	-2.8	1.4	2.5
Asset Writedown	-	-	-5.8	-	-	-
Other Unusual Items	-2.14	-6.5	-10	-	-	-
Pretax Income	241.6	270.99	245.31	158.82	173.21	194.76
Income Tax Expense	61	69.32	62.44	42.6	43.46	47.43
Net Income	180.6	201.68	182.87	116.22	129.76	147.33
Net Income to Common	180.6	201.68	182.87	116.22	129.76	147.33
Net Income Growth	2.28%	10.28%	57.35%	-10.43%	-11.93%	-
Shares Outstanding (Basic)	57	57	57	57	57	57
Shares Outstanding (Diluted)	57	57	57	57	57	57
Shares Change (YoY)	0.32%	0.31%	0.18%	-	-	-
EPS (Basic)	3.19	3.56	3.23	2.05	2.29	2.60
EPS (Diluted)	3.18	3.55	3.23	2.05	2.29	2.60
EPS Growth	1.95%	9.91%	57.56%	-10.48%	-11.92%	-
Free Cash Flow	36.56	149.9	211.44	29.28	7.01	96.53
Free Cash Flow Per Share	0.64	2.64	3.73	0.52	0.12	1.71
Gross Margin	18.95%	19.66%	19.04%	14.24%	15.57%	17.02%
Operating Margin	10.41%	11.34%	10.97%	7.61%	8.52%	9.77%
Profit Margin	6.18%	6.96%	6.46%	4.58%	5.82%	6.76%
Free Cash Flow Margin	1.25%	5.17%	7.47%	1.16%	0.32%	4.43%
EBITDA	447.82	465.71	434.42	310.81	290.9	302.46
EBITDA Margin	15.32%	16.06%	15.35%	12.26%	13.05%	13.89%
D&A For EBITDA	143.42	136.87	123.81	117.8	100.97	89.63
EBIT	304.4	328.84	310.61	193.01	189.92	212.83
EBIT Margin	10.41%	11.34%	10.97%	7.61%	8.52%	9.77%
Effective Tax Rate	25.25%	25.58%	25.45%	26.82%	25.09%	24.35%
Revenue as Reported	2,923	2,899	2,830	2,535	2,229	2,178

Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q