Knife River (KNF) revenue breakdown
By segment, West is the largest at 38% of fiscal 2025 revenue; Energy Services grew fastest, 16% a year over 4 years.
By product, Construction materials is the largest at 56% of fiscal 2025 revenue, growing 8% a year over 2 years.
Revenue by segment
Fiscal years, as Knife River reports them in its 10-K filings; fiscal 2025 total $3.1B.
| Segments | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|
| West | — | — | $1.1B | $1.2B | $1.2B | 38% |
| Central | $721M | $777M | $825M | $818M | $1.0B | 32% |
| Mountain | $480M | $542M | $634M | $663M | $644M | 20% |
| Energy Services | $157M | $199M | $245M | $235M | $288M | 9% |
| Northwest | $475M | $599M | — | — | — | — |
| Pacific | $397M | $418M | — | — | — | — |
| Corporate Services | $4,000 | $152,000 | — | — | — | — |
Revenue by product
Fiscal years, as Knife River reports them in its 10-K filings; fiscal 2025 total $3.1B.
| Products | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|
| Construction materials | — | — | $1.5B | $1.5B | $1.8B | 56% |
| Contracting services | — | — | $1.3B | $1.4B | $1.4B | 44% |
| Contracting services publicsector | $777M | $918M | — | — | — | — |
| Ready-mix concrete | $584M | $610M | — | — | — | — |
| Aggregates | $444M | $497M | — | — | — | — |
| Asphalt | $340M | $427M | — | — | — | — |
| Contracting services privatesector | $241M | $270M | — | — | — | — |
| Liquid asphalt | $166M | $207M | — | — | — | — |
| Other | $178M | $200M | — | — | — | — |
| Internal sales | -$501M | -$594M | — | — | — | — |
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Where does Knife River make its money?
In fiscal 2025, by segment: West $1.2B, Central $1.0B, Mountain $644M, Energy Services $288M.
From Knife River's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.