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Knife River vs Martin Marietta Materials: revenue, profit, margins and growth compared

Knife River brought in $3.1B of revenue in fiscal 2025, Martin Marietta Materials $6.2B in fiscal 2025. Revenue changed by +8.5% at Knife River and +8.6% at Martin Marietta Materials on the year before, so Martin Marietta Materials grew faster. Knife River kept 5.0% of its revenue as net profit, Martin Marietta Materials 18.5%. Free cash flow was -$69.6M at Knife River and $978M at Martin Marietta Materials.

Side by side, latest fiscal year

KNFMLM
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$3.1B$6.2B
Revenue growth+8.5%+8.6%
Net income$157.1M$1.1B
Net margin5.0%18.5%
Free cash flow-$69.6M$978M
Free cash flow margin-2.2%15.9%
Earnings per share (diluted)$2.76$18.77
Cash$73.8M$67M
Debt$1.2B$5.3B
Price to earnings19.825.8
Market value$3.1B$29.1B
Dividend yieldn/a0.67%
Rank by revenue in sector#178 of 451 · Industrials#104 of 451 · Industrials

Over the years

Revenue
KNF FY2021: $2.2BKNF FY2023: $2.5BKNF FY2023: $2.8BKNF FY2024: $2.9BKNF FY2025: $3.1BMLM FY2018: $4.2BMLM FY2019: $4.7BMLM FY2020: $4.7BMLM FY2021: $5.4BMLM FY2022: $6.2BMLM FY2023: $5.9BMLM FY2024: $5.7BMLM FY2025: $6.2BFY18FY19FY20FY21FY22FY23FY24FY25
KNF $3.1BMLM $6.2B
Net income
KNF FY2021: $129.8MKNF FY2023: $116.2MKNF FY2023: $182.9MKNF FY2024: $201.7MKNF FY2025: $157.1MMLM FY2018: $470MMLM FY2019: $611.9MMLM FY2020: $721MMLM FY2021: $702.5MMLM FY2022: $867MMLM FY2023: $1.2BMLM FY2024: $2BMLM FY2025: $1.1BFY18FY19FY20FY21FY22FY23FY24FY25
KNF $157.1MMLM $1.1B
Net margin
KNF FY2021: 5.8%KNF FY2023: 4.6%KNF FY2023: 6.5%KNF FY2024: 7.0%KNF FY2025: 5.0%MLM FY2018: 11.1%MLM FY2019: 12.9%MLM FY2020: 15.2%MLM FY2021: 13.0%MLM FY2022: 14.1%MLM FY2023: 20.0%MLM FY2024: 35.2%MLM FY2025: 18.5%FY18FY19FY20FY21FY22FY23FY24FY25
KNF 5.0%MLM 18.5%
Revenue growth
KNF FY2023: +13.7%KNF FY2023: +11.7%KNF FY2024: +2.4%KNF FY2025: +8.5%MLM FY2019: +11.7%MLM FY2020: -0.2%MLM FY2021: +14.5%MLM FY2022: +13.8%MLM FY2023: -5.0%MLM FY2024: -3.2%MLM FY2025: +8.6%FY19FY20FY21FY22FY23FY24FY25
KNF +8.5%MLM +8.6%
Free cash flow
KNF FY2021: $7MKNF FY2023: $29.3MKNF FY2023: $211.4MKNF FY2024: $149.9MKNF FY2025: -$69.6MMLM FY2018: $329.1MMLM FY2019: $572.6MMLM FY2020: $690.4MMLM FY2021: $714.6MMLM FY2022: $509MMLM FY2023: $878MMLM FY2024: $604MMLM FY2025: $978MFY18FY19FY20FY21FY22FY23FY24FY25
KNF -$69.6MMLM $978M

Fiscal years as each company reports them; the two may end in different months.

Questions about Knife River and Martin Marietta Materials

Which is bigger by revenue, Knife River or Martin Marietta Materials?

Martin Marietta Materials is bigger by revenue: $6.2B in fiscal 2025, against $3.1B for Knife River in fiscal 2025.

Which keeps more of its revenue as profit, Knife River or Martin Marietta Materials?

Knife River had a net margin of 5.0% in fiscal 2025; Martin Marietta Materials had 18.5% in fiscal 2025.

Which grew revenue faster, Knife River or Martin Marietta Materials?

In their latest fiscal years revenue changed by +8.5% at Knife River and +8.6% at Martin Marietta Materials.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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