Knife River Corporation (KNF)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 201,677 | 199,105 | 197,656 | 176,563 | 182,872 | 136,877 | 89,879 | 71,605 | 72,915 |
| Revenue (ttm) | US$ in thousands | 2,899,002 | 2,888,686 | 2,873,766 | 2,852,060 | 2,830,370 | 2,720,992 | 2,606,050 | 2,532,663 | 2,534,729 |
| Net profit margin | 6.96% | 6.89% | 6.88% | 6.19% | 6.46% | 5.03% | 3.45% | 2.83% | 2.88% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $201,677K ÷ $2,899,002K
= 6.96%
Knife River Corporation's net profit margin has shown a fluctuating pattern over the analyzed period from December 31, 2022, to December 31, 2024. The net profit margin started at 2.88% in December 2022 and slightly decreased to 2.83% by March 2023. However, from thereon, the net profit margin demonstrated a positive trend, increasing to 3.45% by June 2023 and further improving to 5.03% by September 2023.
The most significant improvement in net profit margin was observed in the last quarter of 2023, reaching 6.46%, indicating a substantial increase in profitability for Knife River Corporation. The positive trend continued into 2024, with net profit margins ranging from 6.19% in March 2024 to 6.96% in December 2024.
Overall, the consistent improvement in net profit margin signifies that Knife River Corporation has been effectively managing its expenses relative to its revenue, resulting in higher profitability over time. This trend indicates the company's ability to generate more earnings from its business operations, which can be a positive indicator for investors and stakeholders.
Peer comparison
Dec 31, 2024