KNFKnife River Corp
Mining & Quarrying Of Nonmetallic Minerals (no Fuels)
- Revenue
- $3.1B
- 8.5% YoY
- Operating margin
- 9.1%
- 17% YoY
- EBITDA
- $480M
- 5.9% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 3.3×
- $1.6B net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear177% of net incomeCash flow under 80% of net income
- Dilutive SBCClear0% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear14% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.2B | $2.5B | $2.8B | $2.9B | $3.1B | 8.5% |
| Operating income | $191M | $194M | $296M | $316M | $286M | 9.6% |
| Net income | $130M | $116M | $183M | $202M | $157M | 22% |
| Operating cash flow | $181M | $207M | $336M | $322M | $278M | 14% |
| Capex | $174M | $178M | $124M | $172M | $348M | 102% |
| Stock-based comp | $2M | $1M | $3M | $8M | $11M | 46% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $6M | −$242K | 201 | 122 |
| FY2024 | $7M | $11M | 290 | 117 |
| FY2023 | $5M | $7M | 189 | 120 |