Knife River reports record FY2024 revenue $2.9B, net income $201.7M, EPS $3.55

Knife River Corp

2024-FY EPS reported $3.55 revenue$2,899,005,000

Q4 2024 rev $657.2M (+2% YoY); net income $23.3M (+12%); adj. EBITDA $81.2M (+12%).
Full-year net income margin improved to 7.0% from 6.5%; adj. EBITDA margin 16.0% vs 15.3%.
Full-year 2024 diluted EPS $3.55 vs $3.23 in 2023 (+10% YoY).
Acquisition of Strata Corporation remains on track; closing expected in future.
Introduced full-year 2025 guidance; specific numbers were not detailed in the filing.

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