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Knife River Ord Shs When Issued (KNF) Stock News

KNF NYSE

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Knife River Corporation reports business updates for an aggregates-based, vertically integrated construction materials and contracting services company. The company mines and markets crushed stone, sand, gravel, ready-mix concrete, asphalt, liquid asphalt and related value-added products, and performs contracting services for publicly funded DOT projects and private industrial, commercial and residential work.

Recurring news themes include quarterly and annual results, material volumes and pricing, per-unit cost trends, project backlog, weather effects on construction activity, and completed aggregates-based acquisitions. Coverage also reflects regional expansion across its West, Mountain, Central and Energy Services segments and the integration of acquired ready-mix, asphalt, sand and gravel operations.

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Knife River (NYSE: KNF) reported first quarter 2026 results: revenue $410.1M (up 16% YoY) and record first-quarter backlog of $1.2B. Adjusted EBITDA improved 16% to $(31.8)M with a 290-basis-point margin improvement. The company closed three aggregates-based acquisitions and provided full-year 2026 guidance of $3.3B–$3.5B revenue and $520M–$560M adjusted EBITDA.

Capital deployment included $174.2M of acquisitions and $35.0M on expansions in Q1; net leverage was 2.9x at March 31, 2026.

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Knife River (NYSE: KNF) will hold its Q1 2026 earnings conference call at 11:00 a.m. EDT on Tuesday, May 5, 2026. Financial results will be released that morning before the NYSE opens. A live webcast and presentation slides will be available in the company's Investors section.

To join by phone use Domestic 1-800-715-9871 or International 1-646-307-1963 with Conference ID 9769431. An on-demand replay will follow the call.

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Knife River (NYSE: KNF) has acquired the assets of Donaldson Brothers Ready Mix Inc., a ready-mix and aggregates supplier in western Montana, marking Knife River’s third Mountain Segment acquisition in 2026.

Donaldson supplies aggregates from three sources with over 30 years of supply, operates a ready-mix plant and manufactures precast concrete products, giving Knife River a foothold in the Bitterroot Valley south of Missoula.

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Knife River (NYSE: KNF) acquired Morgan Asphalt Inc., an aggregates-based asphalt paving company serving northern Utah, expanding Knife River's Mountain Region footprint into Salt Lake City ahead of the 2026 construction season.

Operations include aggregate crushing with >30 years of proven reserves, an asphalt plant in west Salt Lake City, and contracting services (paving, excavating, grading). Morgan employs approximately 250 people at peak season and will be integrated into Knife River's 15-state network.

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Knife River (NYSE: KNF) reported a record fourth quarter and solid 2025 results, with Q4 revenue $755.1M (+15% YoY) and Q4 Adjusted EBITDA $119.4M (+47% YoY). Full-year revenue was $3.146B (+9% YoY) while net income declined to $157.1M (‑22% YoY). The company completed five acquisitions in 2025, spent $610.0M on acquisitions, and finished with a record year-end backlog of $1.0B. Knife River provided 2026 guidance of $3.3–3.5B revenue and $520–560M Adjusted EBITDA.

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Knife River (NYSE: KNF) will hold its fourth quarter and full-year 2025 earnings conference call on Tuesday, Feb. 17, 2026 at 11:00 a.m. EST. Financial results will be released earlier that morning. A live webcast and presentation slides will be available in the Investors section at investors.kniferiver.com and at the event page provided.

Dial-in information: Domestic 1-800-549-8228, International 1-289-819-1520, Conference ID 97658. An on-demand replay of the webcast will be posted after the call.

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Knife River (NYSE: KNF) acquired the assets of Texcrete Operations LLC and TexAgg LLC on December 15, 2025, expanding in the Texas Triangle.

The acquisition adds six ready-mix plants, 85 ready-mix trucks, a sand-and-gravel site with 20+ years of aggregate reserves at current production volumes, and approximately 100 employees based in the Bryan/College Station market serving Brazos and Montgomery counties. Management said the deal supports a strategy focused on materials-based, vertically integrated operations in mid-size, high-growth markets, may help balance seasonality across Knife River’s northern operations, and could enable internal aggregate pull-through from existing Knife River assets.

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Knife River (NYSE: KNF) was awarded a $112 million materials and paving subcontract for the State Highway 6 “Big 6” improvement in the Bryan/College Station area of Texas. Work began this month and the project is expected to complete in 2030. Knife River will supply about 928,000 tons of hot-mix asphalt for a 12-mile widening from four to six lanes and related interchange, auxiliary lane and shared-path work. Knife River is an asphalt and paving subcontractor to Fluor on the larger $671 million Texas Department of Transportation program. The contract is publicly funded by TxDOT and IIJA and may include additional materials (sand, MSE backfill, base course) on an as-needed basis.

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Knife River (NYSE: KNF) will host its Q3 2025 earnings conference call at 11:00 a.m. EST on Tuesday, Nov. 4, 2025. Financial results for the quarter will be released that morning before the NYSE opens.

A live webcast and presentation slides will be available in the Investors section at investors.kniferiver.com or https://events.q4inc.com/attendee/596649687. To join the live call dial Domestic: 1-800-549-8228 or International: 1-289-819-1520 and use Conference ID 73233. An on-demand replay of the webcast will be available after the call.

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FAQ

What is the current stock price of Knife River Ord Shs When Issued (KNF)?

The current stock price of Knife River Ord Shs When Issued (KNF) is $72.2 as of May 22, 2026.

What is the market cap of Knife River Ord Shs When Issued (KNF)?

The market cap of Knife River Ord Shs When Issued (KNF) is approximately 4.2B.