KNF (Knife River) Debt-to-EBITDA : -10.68 (As of Mar. 2026)

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KNF Knife River Corp KNF
80 GF Score
Price $83.58
GF Value $86.43
Valuation Fairly Valued
! 1 Warning Sign
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What is Knife River Debt-to-EBITDA?

Knife River KNF +1.57% 80 Debt-to-EBITDA is -10.68 as of Mar. 2026. GuruFocus rates KNF with a GF Score™ of 80/100 and a GF Value™ of $86.43 (Fairly Valued). The stock has 1 warning sign investors should review. Among 330 Building Materials companies, Knife River ranks worse than 62.42% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Knife River's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $27 Mil. Knife River's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,456 Mil. Knife River's annualized EBITDA for the quarter that ended in Mar. 2026 was $-139 Mil. Knife River's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -10.68.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Knife River's Debt-to-EBITDA or its related term are showing as below:

KNF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.57   Med: 2.38   Max: 3.01
Current: 3.01

During the past 6 years, the highest Debt-to-EBITDA Ratio of Knife River was 3.01. The lowest was 1.57. And the median was 2.38.

KNF's Debt-to-EBITDA is ranked worse than
62.42% of 330 companies
in the Building Materials industry
Industry Median: 2.27 vs KNF: 3.01

Knife River  (NYSE:KNF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Knife River Debt-to-EBITDA Related Terms


Knife River Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Knife River's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Knife River Debt-to-EBITDA Chart

Knife River Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 2.50 2.38 1.70 1.57 2.49

Knife River Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.75 2.50 1.15 2.58 -10.68

KNF vs TTAM, EXP, USLM: Debt-to-EBITDA Comparison

For the Building Materials subindustry, Knife River's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Knife River Debt-to-EBITDA vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Knife River's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Knife River's Debt-to-EBITDA falls into.


KNF
80GF Score
Knife River Corp KNF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Knife River Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Knife River's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(27.65 + 1190.477) / 488.886
=2.49

Knife River's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(27.34 + 1455.633) / -138.86
=-10.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -10.68 mean?
Knife River (KNF) has a Debt-to-EBITDA of -10.68 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Knife River. Over the past decade, Knife River's Debt-to-EBITDA has ranged from 1.57 to 3.01. According to the industry distribution chart, Knife River ranks #206 out of 330 companies in the Building Materials industry, placing it in the top 62.4%.
Is Knife River's Debt-to-EBITDA too high?
Knife River's current Debt-to-EBITDA is -10.68. Over the past 10 years, this metric has ranged from a low of 1.57 to a high of 3.01. Based on the distribution chart, Knife River ranks #206 out of 330 companies in the Building Materials industry, which is below the industry midpoint. Overall, Knife River has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Knife River's Debt-to-EBITDA compare to TTAM and EXP?
According to the Building Materials industry distribution chart, Knife River ranks #206 out of 330 companies for Debt-to-EBITDA. This places Knife River in the lower half of its industry. The industry median Debt-to-EBITDA is 2.27. Historically, Knife River's own Debt-to-EBITDA has ranged from 1.57 to 3.01 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Building Materials company?
The median Debt-to-EBITDA among Building Materials companies is 2.27, based on 330 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Knife River. For the Building Materials industry, the median Debt-to-EBITDA is 2.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knife River's current Debt-to-EBITDA is -10.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Knife River stock overvalued right now?
Based on GuruFocus' analysis, Knife River (KNF) is currently considered Fairly Valued. The stock's GF Value™ is $86.43, compared to a current price of $83.58 — trading 3.3% below its estimated fair value. The current Debt-to-EBITDA is -10.68. Knife River's overall GF Score™ is 80/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Knife River (KNF), the current Debt-to-EBITDA is -10.68 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Knife River (KNF) Overvalued in 2026?

Based on GuruFocus' analysis, Knife River stock appears to be undervalued. The current stock price of $83.58 is trading 3.3% below its estimated GF Value™ of $86.43. GuruFocus considers Knife River to be Fairly Valued.

Key valuation signals for KNF:

  • Debt-to-EBITDA: -10.68
  • GF Value™: $86.43 vs. price of $83.58 (3.3% below fair value)
  • GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the KNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Knife River Business Description

Address 1150 West Century Avenue, P.O. Box 5568, Bismarck, ND, USA, 58506-5568
Knife River Corp is a people-first construction materials and contracting services company. It provides construction materials and contracting services to build safe roads, bridges, airport runways, and other critical infrastructure needs that connect people. The group is a provider of crushed stone, sand, and gravel in the United States. It operates through four reportable segments: West, Mountain, Central, and Energy Services.
80GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$83.58
Price
$86.43
GF Value