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Upturn AI SWOT - About
KNF 
Knife River Corporation (KNF)
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Upturn Advisory Summary
09/15/2025: KNF (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
9 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $110.78
1 Year Target Price $110.78
| 7 | Strong Buy |
| 0 | Buy |
| 2 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 8.55% | Avg. Invested days 40 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/15/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.42B USD | Price to earnings Ratio 28.87 | 1Y Target Price 110.78 |
Price to earnings Ratio 28.87 | 1Y Target Price 110.78 | ||
Volume (30-day avg) 9 | Beta 0.79 | 52 Weeks Range 74.50 - 108.83 | Updated Date 09/15/2025 |
52 Weeks Range 74.50 - 108.83 | Updated Date 09/15/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 2.7 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 5.2% | Operating Margin (TTM) 10.76% |
Management Effectiveness
Return on Assets (TTM) 5.48% | Return on Equity (TTM) 11.11% |
Valuation
Trailing PE 28.87 | Forward PE 18.59 | Enterprise Value 5792991303 | Price to Sales(TTM) 1.5 |
Enterprise Value 5792991303 | Price to Sales(TTM) 1.5 | ||
Enterprise Value to Revenue 1.96 | Enterprise Value to EBITDA 13.49 | Shares Outstanding 56664200 | Shares Floating 56279982 |
Shares Outstanding 56664200 | Shares Floating 56279982 | ||
Percent Insiders 0.33 | Percent Institutions 96.24 |
Upturn AI SWOT
Knife River Corporation
Company Overview
History and Background
Knife River Corporation was spun off from MDU Resources Group in 2023. It has a long history as part of MDU Resources, dating back to the early 20th century, operating in the construction materials and energy services sectors. The spin-off was intended to allow both entities to focus on their core businesses and unlock shareholder value.
Core Business Areas
- Aggregates: Produces and sells aggregates, including crushed stone, sand, and gravel, used in construction and infrastructure projects.
- Asphalt: Manufactures and sells asphalt products for paving and road construction.
- Ready-Mix Concrete: Produces and delivers ready-mix concrete for various construction applications.
- Construction Services: Provides contracting services for infrastructure and construction projects, including site preparation, paving, and underground utilities.
Leadership and Structure
The company is led by its CEO, David C. Goodin. The organizational structure is typical of a publicly traded company, with a board of directors and various executive leadership positions overseeing different business functions.
Top Products and Market Share
Key Offerings
- Aggregates: Crushed stone, sand, and gravel are the foundation for construction projects. Knife River is a top producer in many of its markets. Market share varies regionally, but they generally compete with Vulcan Materials (VMC), Martin Marietta Materials (MLM), and Summit Materials (SUM). Revenue from this segment is a substantial portion of their total revenue.
- Asphalt Mixes: Asphalt mixes used in paving roads, parking lots, and other surfaces. Knife River is positioned to compete well due to its ownership of aggregate source materials. Competitors include Vulcan Materials (VMC), Martin Marietta Materials (MLM), and local/regional asphalt producers. Revenue from this product provides a large portion of total revenue for Knife River.
- Ready-Mix Concrete: Mixes of cement, aggregates, and water for use in construction. Market share varies regionally and is dependent on the number of commercial and residential projects. Key competitors include local concrete suppliers, U.S. Concrete (acquired by Vulcan Materials) and many privately owned concrete businesses.
Market Dynamics
Industry Overview
The construction materials industry is cyclical and depends on infrastructure spending, housing starts, and non-residential construction activity. Increased infrastructure spending is a large tailwind for the industry.
Positioning
Knife River Corporation is a vertically integrated construction materials company. Its competitive advantages include its geographic footprint, aggregate reserves, and contracting capabilities.
Total Addressable Market (TAM)
The TAM for construction materials is estimated to be over $300 billion annually in the US, depending on how the market is defined. Knife River Corporation is well-positioned to capture a portion of this market. Their market share varies regionally, but their large aggregate reserves give them the edge.
Upturn SWOT Analysis
Strengths
- Vertically integrated operations
- Large aggregate reserves
- Strong regional presence
- Experienced management team
- Well-established reputation
Weaknesses
- Cyclical business
- Dependence on infrastructure spending
- Exposure to weather-related disruptions
- High capital expenditure requirements
- Geographic concentration in certain regions
Opportunities
- Increased infrastructure spending
- Acquisitions to expand geographic footprint
- Growth in residential and non-residential construction
- Expansion into new product lines
- Adoption of new technologies to improve efficiency
Threats
- Economic downturns
- Increased competition
- Rising energy costs
- Environmental regulations
- Labor shortages
Competitors and Market Share
Key Competitors
- VMC
- MLM
- SUM
Competitive Landscape
Knife River's advantages are its vertical integration and regional focus. Disadvantages may include less scale compared to larger national players like Vulcan and Martin Marietta.
Growth Trajectory and Initiatives
Historical Growth: Historical growth data is not available due to the company's recent spin-off. Analysis of the prior MDU Resources segment is suggested.
Future Projections: Future projections are dependent on factors such as infrastructure spending, housing starts, and economic growth. Analyst estimates are emerging since the spin-off.
Recent Initiatives: Recent initiatives include optimizing operations, expanding geographically, and focusing on profitable projects.
Summary
Knife River Corporation, as a recently spun-off company, holds potential due to its vertically integrated operations and regional presence in the construction materials sector. The company's success hinges on its ability to capitalize on infrastructure spending and economic growth while managing cyclical business risks. While its lack of an established track record as an independent entity presents challenges, strategic initiatives and geographic expansion can pave the way for a positive future. Close monitoring of market conditions and competitor activity is crucial for sustained success.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company documents
- Industry reports
- Analyst estimates
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data is not real time.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Knife River Corporation
Exchange NYSE | Headquaters Bismarck, ND, United States | ||
IPO Launch date 2023-06-01 | CEO, President & Director Mr. Brian R. Gray | ||
Sector Basic Materials | Industry Building Materials | Full time employees 4761 | Website https://www.kniferiver.com |
Full time employees 4761 | Website https://www.kniferiver.com | ||
Knife River Corporation, together with its subsidiaries, provides aggregates-led construction materials and contracting services in the United States. It operates through Pacific, Northwest, Mountain, Central, and Energy Services segments. The company mines, processes, and sells construction aggregates, including crushed stone and sand, and gravel; and produces and sells asphalt and ready-mix concrete. It also provides contracting service, such as heavy-civil construction, asphalt and concrete paving, and site development and grading. In addition, the company sells cement, merchandise, and other building materials and related services; and produces and supplies liquid asphalt for use in asphalt road construction. The company sells its construction materials to public and private-sector customers comprising federal, state, and municipal governments; industrial, commercial, and residential developers, as well as other private parties; and provides its contracting services to public-sector customers for the development and servicing of highways, local roads, bridges, and other public-infrastructure projects. Knife River Corporation was founded in 1917 and is headquartered in Bismarck, North Dakota.
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