Knife River Corp
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 21, 2025
KNF$58.94+4.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
Index
Consolidated Statements of Operations
| Years ended December 31, | 2024 | 2023 | 2022 |
|---|---|---|---|
| (In thousands, except per share amounts) | |||
| Revenue: | |||
| Construction materials | $1,540,749 | $1,523,040 | $1,347,008 |
| Contracting services | 1,358,256 | 1,307,310 | 1,187,721 |
| Total revenue | 2,899,005 | 2,830,350 | 2,534,729 |
| Cost of revenue: | |||
| Construction materials | 1,147,429 | 1,133,042 | 1,086,193 |
| Contracting services | 1,181,747 | 1,158,373 | 1,087,642 |
| Total cost of revenue | 2,329,176 | 2,291,415 | 2,173,835 |
| Gross profit | 569,829 | 538,935 | 360,894 |
| Selling, general and administrative expenses | 253,635 | 242,538 | 166,599 |
| Operating income | 316,194 | 296,397 | 194,295 |
| Interest expense | 55,242 | 58,096 | 30,121 |
| Other income (expense) | 10,042 | 7,007 | (5,353) |
| Income before income taxes | 270,994 | 245,308 | 158,821 |
| Income taxes | 69,316 | 62,436 | 42,601 |
| Net income | $201,678 | $182,872 | $116,220 |
| Net income per share: | |||
| Basic | $3.56 | $3.23 | $2.05 |
| Diluted | $3.55 | $3.23 | $2.05 |
| Weighted average common shares outstanding: | |||
| Basic | 56,607 | 56,568 | 56,566 |
| Diluted | 56,844 | 56,668 | 56,566 |
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