58.94
+4.50%
Close of 9 Nov 2026, in USD
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About Knife River
From its filings with the US Securities and Exchange Commission
Knife River is based in Bismarck, North Dakota and is incorporated in Delaware. Its shares trade on NYSE under the ticker KNF. The SEC classifies its business as mining & quarrying of nonmetallic minerals (no fuels). In the fiscal year to 31 December 2025, it reported revenue of $3.15bn and net income of $157.1m. At that date it held total assets of $3.65bn and shareholders' equity of $1.64bn.
Knife River Corporation (referred to as we, our, us, the Company or Knife River) is an aggregates-based construction materials and contracting services provider in the United States. Our 1.3 billion tons of aggregate reserves provide the foundation for our vertically integrated business strategy, with approximately 35 percent of our aggregates in 2025 being used internally to support value-added downstream products (ready-mix concrete and asphalt) and contracting services (asphalt paving, heavy-civil construction, concrete construction, site development and grading services, and in some segments the manufacturing of prestressed concrete products). We are strategically focused on being the provider of choice in mid-size, higher-growth markets and are committed to our plan for continued growth and to delivering for our stakeholders—customers, communities, employees and stockholders—by executing on our Competitive EDGE initiatives and our four core values: People, Safety, Quality and the Environment.
Through our network of 208 active aggregate sites, 135 ready-mix plants, 55 asphalt plants and 9 liquid asphalt terminals, we supply construction materials and contracting services to customers across 14 states. Our construction materials are sold to public and private-sector customers, including federal, state and municipal governments, as well as industrial, commercial and residential developers and other private parties.
Quoted from its 10-K, filed 20 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Materials
- Industry
- Construction Materials
- Listed since
- 25 May 2023
- Employees
- 5,298
- Website
- kniferiver.com ↗
- Head office
- 1150 W. CENTURY AVE,, BISMARCK, ND, 58503
- Incorporated in
- DE
- Classification
- Mining & Quarrying of Nonmetallic Minerals (No Fuels)
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Ms. Karen FaggIndependent Chairman of the Board$475,028
- Mr. Brian GrayPresident, Chief Executive Officer, Director, since 2023$6.9m
- Mr. Nathan RingChief Financial Officer, Vice President$2.4m
- Mr. Trevor HastingsChief Operating Officer, Vice President$2.4m
- Ms. Sarah StevensChief People Officer, Vice President
- Ms. Marney KadrmasChief Accounting Officer, Vice President
- Mr. Karl LiepitzVice President, Company Secretary, Chief Legal Officer$2.2m
- Mr. Glenn PladsenVice President, Chief Excellence Officer
- Mr. German AlvarezIndependent Director$330,753
- Ms. Patricia ChiodoIndependent Director$193,782
- Mr. Thomas HillIndependent Director$214,236
- Ms. Patricia MossIndependent Director$335,753
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 41
- Environment
- 15
- Social
- 69
- Governance
- 39
- Direct emissions (scope 1)
- 421,670 t
- Energy emissions (scope 2)
- 49,836 t
- Women in the workforce
- 12%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Knife River Corp's vertical integration offers single-source construction materials and contracting services in the US.
- Pacific segment produces liquid asphalt and cement, enhancing product diversity in the Construction sector.
- North Central segment focuses on aggregates and concrete, supporting regional infrastructure development.
Weaknesses
- Knife River Corp's IPO on 25 May 2023 may indicate limited market experience for a new public company.
- The company's reliance on specific segments like Energy Services could create operational vulnerabilities.
- Employees count of 5298 might not be sufficient for nationwide expansion in the Materials sector.
Opportunities
- Expanding Energy Services segment could leverage growing infrastructure demands in the US.
- Pacific segment's liquid asphalt and cement sales present new market opportunities in Construction.
- North Central segment's focus on aggregates aligns with increasing construction projects in the Midwest.
Threats
- Competition from established Materials companies in the US construction market.
- Economic downturns could reduce construction spending in the Pacific and Northwest regions.
- Regulatory changes in the Construction industry might impact aggregate processing operations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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