Knife River annual operating margin
2021
2022
2023
2024
2025
Knife River Operating Margin Growth & History (KNF)
Knife River's operating margin was 9.09% for fiscal 2025.
View full Knife River company overviewKnife River annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 9.09% | −1.82 pp |
| 2024 | 2024-12-31 | 10.91% | +0.43 pp |
| 2023 | 2023-12-31 | 10.47% | +2.81 pp |
| 2022 | 2022-12-31 | 7.67% | −0.91 pp |
| 2021 | 2021-12-31 | 8.57% | — |
Knife River quarterly operating margin
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 8.64% | −1.92 pp |
| Q1 2026 | 2026-03-31 | −21.03% | +2.36 pp |
| Q4 2025 | 2025-12-31 | 8.64% | +1.94 pp |
| Q3 2025 | 2025-09-30 | 17.88% | −1.04 pp |
| Q2 2025 | 2025-06-30 | 10.56% | −3.90 pp |
| Q1 2025 | 2025-03-31 | −23.38% | −7.08 pp |
| Q4 2024 | 2024-12-31 | 6.70% | +0.95 pp |
| Q3 2024 | 2024-09-30 | 18.92% | −0.36 pp |
| Q2 2024 | 2024-06-30 | 14.47% | +2.56 pp |
| Q1 2024 | 2024-03-31 | −16.30% | −1.83 pp |
| Q4 2023 | 2023-12-31 | 5.75% | −0.87 pp |
| Q3 2023 | 2023-09-30 | 19.28% | +4.63 pp |
| Q2 2023 | 2023-06-30 | 11.91% | +3.43 pp |
| Q1 2023 | 2023-03-31 | −14.47% | −0.08 pp |
| Q4 2022 | 2022-12-31 | 6.62% | — |
| Q3 2022 | 2022-09-30 | 14.65% | — |
| Q2 2022 | 2022-06-30 | 8.49% | — |
| Q1 2022 | 2022-03-31 | −14.39% | — |
Knife River operating margin trends
Between the periods ended 2021-12-31 and 2025-12-31, Knife River's operating margin increased from 8.57% to 9.09%, a change of +0.51 percentage points. The latest reported quarter, Q2 2026, shows 8.64%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Knife River source filings ↗Community posts
Starboard presses Knife River for margin improvements and strategic alternatives
Starboard Value urged Knife River ($KNF) to adopt a plan targeting at least a 22% adjusted EBITDA margin by fiscal 2029 and to evaluate strategic alternatives. The shareholder argues that stronger aggregates pricing and meaningful cost redu ...
