greeksoup/ stock research
Stock research / United States / KNF / FY2021

Knife River (KNF) FY2021 results: revenue $2.2 billion

Knife River Corp. (KNF) reported revenue of $2.2 billion for fiscal 2021, the year ended 31 December 2021. Net income was $130 million, and diluted earnings per share $2.29. The figures are the company's own, from the 10-K it filed with the SEC on 27 February 2024.

Revenue
$2.2 billion
FY2021FY2021
Operating margin
8.6%
FY2021FY2021
Net income
$130 million
FY2021FY2021
Diluted EPS
$2.29
FY2021FY2021

this yearthe year beforeHover a bar for its figure.

The year in brief

Income statement (profit and loss)

$ millionFY2021Last 8 years
Revenue2,229
Cost of revenue1,882
Gross profit347
Gross margin15.6%
Selling, general and administrative156
Operating income191
Operating margin8.6%
Interest expense19.2
Pre-tax income173
Income tax43.5
Effective tax rate25.1%
Net income130
Net margin5.8%
Diluted EPS$2.29
$ million except per share.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ millionFY2021Last 8 years
Operating cash flow181
Capital expenditure174
Free cash flow7.0
Free cash flow margin0.3%
Cash from investing-398
Cash from financing224
Depreciation and amortisation101
Share-based compensation1.9
Diluted shares, weighted57m

Balance sheet

$ millionFY2021Last 8 years
Shareholders' equity953
Fixed assets1,250
Goodwill276
Cash and equivalents13.8
Other assets641
Total assets2,182

10-K for the year ended 31 December 2021, filed 27 February 2024: the filing.