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Knife RiverKNF +0.59%79 Earnings Yield (Joel Greenblatt) % is 4.69% as of Mar. 2026, which is 15% below its 10-year median of 5.55. GuruFocus rates KNF with a GF Score™ of 79/100 and a GF Value™ of $86.74 (Fairly Valued). The stock has 1 warning sign investors should review. Among 415 Building Materials companies, Knife River ranks worse than 53.73% on this metric.
Knife River's Enterprise Value for the quarter that ended in Mar. 2026 was $6,104 Mil.
Knife River's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $286 Mil. Knife River's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 4.69%.
The historical rank and industry rank for Knife River's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
KNF'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.09 Med: 5.55 Max: 8.96
Current: 4.81
During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Knife River was 8.96%. The lowest was 4.09%. And the median was 5.55%.
KNF's Earnings Yield (Joel Greenblatt) % is ranked worse than 53.73% of 415
companies
in the Building Materials industry
Industry Median: 5.33
vs KNF: 4.81
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Knife River's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Knife River (NYSE:KNF) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Knife River Earnings Yield (Joel Greenblatt) % Related Terms
Knife River Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Knife River's Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Chart
For the Building Materials subindustry, Knife River's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Knife River's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Knife River's Earnings Yield (Joel Greenblatt) % falls into.
Knife River Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Knife Rivers Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Knife River's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $286 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.69% mean?
Knife River (KNF) has a Earnings Yield (Joel Greenblatt) % of 4.69% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Knife River and its competitors. This is 15% below median its historical median of 5.55. Over the past decade, Knife River's Earnings Yield (Joel Greenblatt) % has ranged from 4.09 to 8.96. According to the industry distribution chart, Knife River ranks #223 out of 415 companies in the Building Materials industry, placing it in the top 53.7%.
Is Knife River's Earnings Yield (Joel Greenblatt) % too high?
Knife River's current Earnings Yield (Joel Greenblatt) % of 4.69% is 15% below median its 10-year median of 5.55. Over the past 10 years, this metric has ranged from a low of 4.09 to a high of 8.96. The Building Materials industry median Earnings Yield (Joel Greenblatt) % is 5.33. Knife River's value of 4.69% is 12% below this industry median. Based on the distribution chart, Knife River ranks #223 out of 415 companies in the Building Materials industry, which is below the industry midpoint. Overall, Knife River has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Knife River's Earnings Yield (Joel Greenblatt) % compare to USLM and TTAM?
According to the Building Materials industry distribution chart, Knife River ranks #223 out of 415 companies for Earnings Yield (Joel Greenblatt) %. This places Knife River in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.33. Knife River's value of 4.69% is 12% below this benchmark. Historically, Knife River's own Earnings Yield (Joel Greenblatt) % has ranged from 4.09 to 8.96 over the past decade. While the company's 10-year median is 5.55 vs. the industry median of 5.33, Knife River has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Building Materials company?
The median Earnings Yield (Joel Greenblatt) % among Building Materials companies is 5.33, based on 415 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Knife River's current Earnings Yield (Joel Greenblatt) % of 4.69% is 12% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Knife River and its competitors. For the Building Materials industry, the median Earnings Yield (Joel Greenblatt) % is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Knife River's current Earnings Yield (Joel Greenblatt) % is 4.69%, which is 15% below median its own 10-year median of 5.55. 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 $86.74, compared to a current price of $79.00 — trading 8.9% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.69%, which is 15% below median its 10-year median of 5.55 and 12% below the Building Materials industry median of 5.33. Knife River's overall GF Score™ is 79/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Knife River (KNF), the current Earnings Yield (Joel Greenblatt) % is 4.69% 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 $79.00 is trading 8.9% below its estimated GF Value™ of $86.74.
GuruFocus considers Knife River to be Fairly Valued.
Key valuation signals for KNF:
Earnings Yield (Joel Greenblatt) %: 4.69% (15% below median its 10-year median of 5.55)
GF Value™: $86.74 vs. price of $79.00 (8.9% below fair value)
Industry Position: 12% below the Building Materials median (#223 of 415)
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 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.
79GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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