Knife River Holding Co

Knife River has appointed Peggy S. Rebstock as vice president, chief accounting officer and controller; her appointment was approved by the board of directors and is effective immediately. Rebstock will receive a base salary of $320,000, an annual target bonus equal to 50% of salary (pro rata for 2026) and a targeted equity-based award of 65% of salary for 2027 subject to board approval. Marney L. Kadrmas is promoted to senior vice president for financial strategy. The company also reported Q1 EPS of -1.4 with revenue growth of 16% and increased its term B loans by $400 million to $895 million. » More on de.investing.com

Knife River reported Q1 2026 revenue of $410 million (+16%) and adjusted EBITDA of -$31.8 million (margin -7.8%), with EPS of -$1.40 well below analysts' expectations of -$0.85. The company reported double-digit volume increases in aggregates, ready-mix concrete and asphalt, completed three acquisitions and has a record backlog of $1.2 billion. Knife River reaffirmed its full-year guidance of $3.3–3.5 billion in revenue and $520–560 million in adjusted EBITDA, but carries net leverage of 2.9x and must quickly improve post-acquisition profitability. The strategy remains focused on vertical integration and growth in expanding U.S. regions. » More on de.investing.com

Knife River reported full-year 2025 revenue of USD 3.146 billion, up 9%, driven by a strong fourth quarter with revenue of USD 755 million (+15%) and adjusted EBITDA of USD 119 million (+47%). The EBITDA margin in the quarter rose to 15.8%; for the full year the margin remained at 15.8%, close to the prior-year level. The company completed five acquisitions, increased its order backlog to USD 1.0 billion, and expects 2026 revenue of USD 3.3–3.5 billion and adjusted EBITDA of USD 520–560 million. » More on de.investing.com