Knife River reports record FY2023 revenue $2.83B, net income $182.9M, Adj. EBITDA $432.4M

Knife River Corp

2023-FY EPS reported $3.23 revenue$2,830,350,000

Full-year revenue $2.83B (+12% YoY); net income $182.9M (+57%); Adj. EBITDA $432.4M (+38%).
Adjusted EBITDA margin expanded to 15.3% from 12.4%, achieving 2025 target two years early.
Q4 revenue $646.9M (+20% YoY); net income $20.7M (+15%); Adj. EBITDA $72.4M (+10%).
FY2023 diluted EPS $3.23, up 58% from $2.05 in 2022.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Knife River Corp reported financial results for fourth quarter and full-year ended December 31, 2023.

Period: fourth quarter and full-year ended December 31, 2023
Result: reported results

Exact text from the filing

Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial results for the fourth quarter and full-year ended December 31, 2023.

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Source: SEC EDGAR

accession 0001955520-24-000003

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