Knife River Corp(KNF)Stock Analysis
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Rank #1,697 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
KNF Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Knife River Corp (KNF), a Materials sector company. 13F Pro's AI-powered ranking engine scores KNF at 45.8/100 on a 32-signal composite quality model, placing it at rank #1,697 of 2,879 stocks — the bottom half of the AI-ranked universe. KNF scores in the top quartile across institutional flow (94.8). Areas of concern include earnings quality (8.8) and free cash flow (17.4), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), Knife River Corp reports quarterly revenue of $410.1M, net income of $-79.2M, free cash flow of $-135.9M. Top institutional holders of KNF by reported 13-F value include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, BAILLIE GIFFORD & CO, based on the most recent SEC filings. KNF trades on the NYSE exchange and files with the SEC under CIK 1955520. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate KNF daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Knife River Corp directly from SEC EDGAR. Knife River Corp's 13F Pro composite quality score has ranged between 8 and 88 since 2024, currently 45.8 — a declining long-term trajectory across 44 quarterly and live scoring snapshots.
Revenue
Q1 2026
$410.1M
Net Income
Q1 2026
$-79.2M
Free Cash Flow
Q1 2026
$-135.9M
D/E Ratio
Q1 2026
0.93
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+8.5% YoYNet Income
-22.1% YoYOperating Income
-9.6% YoYEPS (Diluted)
-22.3% YoYTotal Assets
+28.0% YoYTotal Debt
+71.1% YoYOp. Cash Flow
-13.6% YoY| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $3.15B +8.5% | $2.90B +2.4% | $2.83B +11.7% | $2.53B +13.7% | $2.23B | — |
| Net Income | $157.1M -22.1% | $201.7M +10.3% | $182.9M +57.3% | $116.2M -10.4% | $129.8M | — |
| Operating Income | $285.9M -9.6% | $316.2M +6.7% | $296.4M +52.5% | $194.3M +1.7% | $191.1M | — |
| EPS (Diluted) | $2.76 -22.3% | $3.55 +9.9% | $3.23 +111279.3% | $0.00 -9.4% | $0.00 | — |
| Total Assets | $3.65B +28.0% | $2.85B +9.7% | $2.60B +13.3% | $2.29B +5.2% | $2.18B | — |
| Total Debt | $1.18B +71.1% | $687.9M -0.1% | $688.7M +107853.1% | $638.0K | — | — |
| Operating Cash Flow | $278.5M -13.6% | $322.3M -4.0% | $335.7M +61.8% | $207.4M +14.5% | $181.2M | — |
AI Insight: KNF Financial Trends
KNF grows revenue year-over-year across every comparable quarter, but total debt has roughly doubled to $1,445M since Q2 2024, compressing the balance sheet cushion.
• Revenue rose year-over-year in every comparable quarter: Q3 2025 hit $1,204M vs. $1,105M in Q3 2024; Q2 2025 reached $834M vs. $807M.
• Operating margin in Q2 2025 compressed to 10.6% from 14.5% in Q2 2024, despite higher revenue — cost pressure is building.
• Total debt surged from $687M in Q2 2024 to $1,445M in Q1 2026, a near-doubling in four quarters, while equity grew modestly to $1,559M.
• Seasonal cash flow pattern is consistent: strong positive Op CF in Q3 and Q4, negative in Q1 and Q2 across both years.
⚠ Debt jumped from $1,177M to $1,445M in Q1 2026 alone — largest single-quarter increase yet; intended use and repayment path need clarity.
⚠ Q1 2026 net loss deepened to $-79M vs. $-69M in Q1 2025, despite $57M more revenue — watch whether operating leverage improves in peak Q3 2026.
⚠ Q3 2025 operating income of $215M slightly exceeded Q3 2024's $209M — if this trajectory holds into Q3 2026, it could offset leverage concerns.
AI Insight: KNF Ratio Trends
KNF's highly seasonal construction profile produces deep Q1 losses every year, masking a solid peak-season earnings engine with stable full-cycle ROIC near 9%.
• Q1 operating margin is structurally negative: -23.4% in Q1 2025 and -21.0% in Q1 2026, reflecting winter construction seasonality.
• Peak-season ROIC declined year-over-year: Q3 2024 at 39.2% versus Q3 2025 at 30.7%, a 8.5pp contraction.
• D/E leverage has risen from 0.47 in Q3 2024 to 0.93 in Q1 2026, the highest level in the dataset.
⚠ Peak-quarter ROIC compression (39.2% → 30.7% Q3 YoY) warrants monitoring; a third consecutive decline would signal structural margin erosion.
⚠ D/E at 0.93 in Q1 2026 — double the Q3 2024 trough of 0.47 — could pressure financial flexibility if leverage does not retreat post-season.
⚠ Q2 2025 operating margin of 10.6% lagged Q2 2024's 14.5%; Q2 2026 recovery will be a key early-season inflection signal.
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Available Research
13F Pro tracks comprehensive data for Knife River Corp including:
Top Institutional Holders of KNF
BlackRock, Inc.
$569.3M6,971,833 shVANGUARD PORTFOLIO MANAGEMENT LLC
$223.9M2,742,086 shBAILLIE GIFFORD & CO
$217.9M2,668,248 shCapital World Investors
$215.8M2,643,484 shVANGUARD CAPITAL MANAGEMENT LLC
$207.9M2,545,890 shUBS Group AG
$191.2M2,341,397 shSTATE STREET CORP
$168.0M2,057,169 shBARROW HANLEY MEWHINNEY & STRAUSS LLC
$167.4M2,050,789 shCapital Research Global Investors
$143.6M1,758,368 shDIMENSIONAL FUND ADVISORS LP
$119.6M1,464,690 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $569.3M | 6,971,833 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $223.9M | 2,742,086 |
| BAILLIE GIFFORD & CO | $217.9M | 2,668,248 |
| Capital World Investors | $215.8M | 2,643,484 |
| VANGUARD CAPITAL MANAGEMENT LLC | $207.9M | 2,545,890 |
| UBS Group AG | $191.2M | 2,341,397 |
| STATE STREET CORP | $168.0M | 2,057,169 |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | $167.4M | 2,050,789 |
| Capital Research Global Investors | $143.6M | 1,758,368 |
| DIMENSIONAL FUND ADVISORS LP | $119.6M | 1,464,690 |
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Popular Research
Is KNF a good stock to buy?
13F Pro's AI-powered analysis of Knife River Corp (KNF) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Materials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for KNF are available on the KNF stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own KNF?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling KNF. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Knife River Corp's investment landscape.