Revenue increased 6% year-over-year, driven by more asphalt paving and aggregate demand
Aggregate margin improved by 240 basis points to a third quarter record 29.6%
Announced 'Sharper EDGE' initiatives,
Highlights Knife River’s Widening Margin Gap with Peers and Calls for Commitment to at Least 22% Adjusted EBITDA Margins by FY2029
Calls for Greater Board Accountability and More Rigorous Management Incentives
Knife River Corporation (NYSE:KNF), an aggregates-based, vertically integrated construction materials and contracting services company, will host its third quarter 2026 earnings conference call at 11 a.m. EDT on
Company Issues Statement in Response to Starboard
Knife River Corporation (NYSE:KNF) ("Knife River" or the "Company") issued the following statement in response to the letter it received today from
Highlights Knife River’s Failure to Deliver Promised Margin Improvement as It Falls Further Behind Peers
Outlines Clear Path to 22% Adjusted EBITDA Margins by FY2029 Through Improved Aggregates Pricing and Meaningful
Double-digit volume and gross profit growth across material product lines
20% growth in contracting services revenue
Sequentially increased backlog from the first quarter, to $1.2 billion
Raised guidance for
Knife River Corporation (NYSE:KNF), an aggregates-based, vertically integrated construction materials and contracting services company, will host its second quarter 2026 earnings conference call at 11 a.m. EDT on
Completed three aggregates-based acquisitions in the first quarter
Record first quarter backlog of $1.2 billion
Volume increases and cost controls drove margin improvement
Knife River Corporation (NYSE:KNF),
Knife River Corporation (NYSE:KNF), an aggregates-based, vertically integrated construction materials and contracting services company, will host its first quarter 2026 earnings conference call at 11 a.m. EDT Tuesday,
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
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
Record fourth quarter and solid full-year financial results
Completed five aggregates-based acquisitions in 2025
Well positioned with record year-end backlog of $1 billion and strong public funding
Competitive
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.
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
‘Big 6' project provides pull-through of nearly 1 million tons of construction materials
Knife River Corporation (NYSE:KNF) announced today that it has been awarded a $112 million materials and paving project in