Knife River

KNF

Market cap $5.06B

Knife River Corporation is outperforming the S&P 500 and remains a compelling 'Buy' due to robust growth and attractive valuation. KNF delivered strong Q4 2025 results, with revenue up 14.9% and significant gains in aggregates and ready-mix concrete volumes and pricing. An aggressive acquisition strategy, including the $454 million Strata purchase, is driving backlog growth and expanding geographic and operational scale.

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) announced today that it has acquired the assets of Donaldson Brothers Ready Mix Inc., an aggregates-based ready-mix supplier in western Montana. This is Knife River's third acquisition in its Mountain Segment in 2026. Donaldson is a leading supplier of aggregates and ready-mix in the growing Bitterroot Valley, south of Missoula. In addition to three aggregates sources that provide the business with over 30 years of supply, Don.

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) announced today that it has acquired Morgan Asphalt Inc., an aggregates-based asphalt paving company in the Salt Lake City, Utah, area. Morgan serves public and private-sector customers across northern Utah. Operations include: Aggregate crushing and production, with well over 30 years of proven reserves. Asphalt production, with a plant in the west Salt Lake City area. Contracting services, including asphalt paving, excavatin.

Knife River Corporation (KNF) Q4 2025 Earnings Call Transcript

Knife River (KNF) came out with quarterly earnings of $0.56 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.41 per share a year ago.

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-based, vertically integrated construction materials and contracting services company, today announced financial results for the fourth quarter and full-year ended December 31, 2025. PERFORMANCE SUMMARY   Three Months Ended December 31,   Twelve Months Ended December 31, (In millions, except per share) 2025 2024 % Change   2025 2024 % Change Revenue $ 755.1   $ 657.2   15 %   $ 3,146.0   $ 2,899.0   9 % Net incom.

Headland Capital exited 63,636 shares of Knife River with an estimated value of $4.89 million. Post-trade, Headland Capital reported zero shares and zero value for Knife River in its portfolio.

Paradice Investment Management initiated a new position in Knife River, acquiring 312,743 shares; the value of the shares was $22.00 million at quarter-end. The value change represented 4.28% of Paradice's 13F reportable assets.

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, will host its fourth quarter and full-year 2025 earnings conference call at 11 a.m. EST Tuesday, Feb. 17, 2026. Financial results will be released earlier that morning. A live webcast of the call, along with presentation slides, will be available in the Investors section of the Knife River website at investors.kniferiver.com or a.

BISMARCK, N.D.--(BUSINESS WIRE)--Knife River Corporation (NYSE: KNF) announced today that it has acquired the assets of Texcrete Operations LLC and TexAgg LLC (collectively “Texcrete”), supporting the company's growth efforts in the Texas Triangle. Based in the Bryan/College Station market, Texcrete has six ready-mix plants and 85 ready-mix trucks serving Brazos and Montgomery counties. College Station is home to Texas A&M University and Montgomery County is one of the fastest-growing count.