KNFKnife River Corporation

$53.38-33% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 61 out of 100, Above average
Today's price. Only valuation depends on it.

Above average. Knife River Corporation scores higher than 57% of the 1,794 companies Ryufin scores.

Carried by return on new capital and cycle position, held back by the balance sheet.

Basic Materials median 59 · all companies 57

How the score has moved

At each fiscal year end, from the reports and price of the time
76
67
61
20242025today

The biggest move was down 9 points from 2024 to 2025, mostly the balance sheet.

Valuation

26% of the score

50median 56

Knife River Corporation is valued at 24.9x its operating profit, including debt: a rich multiple.

60x
50x
35x
25x
18x
12x
8x
24.9x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

54median 34

Over 3 years the business earned 9.8% a year after tax on the capital it uses.

2%
8%
15%
25%
9.8%
None at 2% or less, full points from 25%full points
Return on capital by year
3 years agolatest 7.7%

Return on new capital

16% of the score

88median 49

For every dollar of operating profit earned over 5 years, yearly profit grew by 10 cents.

-5%
12%
9.9%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

57median 67

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 0.1% a year over 4 years: new shares
61
5%
-3%
0.1%
0 pointsfull points
Assets against salesAssets grew 14% a year, sales 9%
52
12%
-2%
4.7%
0 pointsfull points

Cycle position

12% of the score

77median 62

Today's operating margin of 8.3% is 0.90x its normal 9.3%: below its usual level, with room to recover. Normal is half the 5 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
0.9x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
5 years agonow 8.3%

Balance sheet

8% of the score

23median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA3.2x a year of EBITDA
32
4.5x
0.5x
3.2x
0 pointsfull points
Interest coverOperating profit covers interest 3x
15
1.5x
12x
3.1x
0 pointsfull points

Earnings quality

6% of the score

85median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 1.73x profit over 3 years
100
0.7x
1x
1.3x
1.7x
0 pointsfull points
AccrualsCash ran ahead of profit by 3.7% of assets
79
8%
0%
-8%
-3.7%
0 pointsfull points
Beneish M-score-2.53
76
-1.50
-1.78
-2.22
-3.00
-2.53
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.