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KNFNYSEMining & Quarrying of Nonmetallic Minerals (No Fuels)Fiscal year ends December 31

Knife River Corp

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$49.58−0.92 (-1.82%)

Close on Oct 19, 2026

Market cap
$2.82B
P/E (TTM)
20.2
Dividend yield
–

About Knife River

Mining & Quarrying of Nonmetallic Minerals (No Fuels), SIC 1400

Knife River Corporation supplies construction materials and delivers contracting services throughout the United States. Its primary product lines encompass aggregates—such as crushed stone, sand, and gravel—along with ready-mix concrete, asphalt, and liquid asphalt. The company organizes its business into four reportable segments: West, Mountain, Central, and Energy Services. It caters to both public-sector agencies at the federal, state, and municipal levels and private-sector clients, including industrial, commercial, and residential developers. The contracting services unit predominantly supports public infrastructure developments, specifically highways, local roadways, and bridges.

Headquartered in Bismarck, North Dakota, the company conducts operations across fourteen states in the western and central United States. Its asset network includes 208 active aggregate mining sites, 135 ready-mix concrete plants, 55 asphalt plants, and 9 liquid asphalt terminal locations. Additionally, the company maintains storage facilities in Alaska and Hawaii, distribution sites across Hawaii, and a specialized fleet of more than 1,100 mixer trucks to supply materials across its markets.

Summary of the business section of Knife River's latest annual report, written by StockData.

Company profile

Company

Legal name
Knife River Corp
Headquarters
Bismarck, ND
Address
1150 W. Century Ave, 58503
Phone
(701) 530-1400
Employees
5,298, Dec 31, 2025
Industry
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
Deloitte & Touche LLP, Minneapolis, Minnesota

Stock & identifiers

Ticker
KNF
Exchange
NYSE
IPO date
Nov 6, 2023
Shares outstanding
57M, Jul 30, 2026
Public float
$4.63B, Jun 30, 2025
Filer category
Large accelerated filer
Stock splits
707-for-1, Aug 8, 2023
SEC CIK
1955520
CUSIP
498894104
ISIN
US4988941047
EIN
92-1008893

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Brian R. GrayPresident & CEO, Director92,912
Peggy S. RebstockVP, CAO and Controller1,908
Karl A. LiepitzVP, Chief Legal Officer & Sec.46,209
Nathan W. RingVice President & CFO32,932
Trevor J. HastingsVice President & COO48,244
Glenn R. PladsenVP & Chief Excellence Officer25,580
Marney L. KadrmasVP & Chief Accounting Officer7,377
Sarah L. LaChapelleVP & Chief People Officer6,476
Nancy K. ChristensonVP of Administration47,109
Karen B. FaggDirector33,317
Patricia L. MossDirector31,874
Thomas W. HillDirector5,496
German Carmona-AlvarezDirector9,025
Patricia ChiodoDirector5,553
William J. SandbrookDirector7,735

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025
Brian R. Gray
$5.82M-$242.49K$1.72M$201$122
FY2024
Brian R. Gray
$6.94M$11.33M$2.13M$290$117
FY2023
Brian R. Gray
$4.99M$6.54M$1.84M$189$120

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we employed 5,298 people, all of whom were employed in the United States.”

Corporate history

Events identified from SEC filings

DateEventDetails
Nov 6, 2023IPOInitial public offering priced (424B4 prospectus)
Jun 1, 2023Name changeName changed from Knife River Holding Co to Knife River Corp
Mar 10, 2023Spin-offRegistration as a new public company (Form 10), e.g. spin-off