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Side-by-side financial comparison of Knife River Corp (KNF) and PROG Holdings, Inc. (PRG). Click either name above to swap in a different company.

Knife River Corp is the larger business by last-quarter revenue ($755.1M vs $651.6M, roughly 1.2× PROG Holdings, Inc.). PROG Holdings, Inc. runs the higher net margin — 5.5% vs 4.2%, a 1.3% gap on every dollar of revenue. On growth, PROG Holdings, Inc. posted the faster year-over-year revenue change (457.1% vs 14.9%). Over the past eight quarters, Knife River Corp's revenue compounded faster (51.4% CAGR vs 4.9%).

Columbia River Knife & Tool, Inc. (CRKT) is an American knife company established in 1994, and currently based in Tualatin, Oregon, United States. The company's president and sales executive is Rod Bremer and the finance executive is Peggy Bremer.

PROG Holdings, Inc. is a U.S.-based financial technology firm providing flexible lease-to-own and point-of-sale financing solutions to consumers. Operating primarily in the U.S. market, its core segments include retail partner financing, consumer lending, and payment services that help customers access electronics and household goods without traditional credit requirements.

KNF vs PRG — Head-to-Head

Bigger by revenue
KNF
KNF
1.2× larger
KNF
$755.1M
$651.6M
PRG
Growing faster (revenue YoY)
PRG
PRG
+442.2% gap
PRG
457.1%
14.9%
KNF
Higher net margin
PRG
PRG
1.3% more per $
PRG
5.5%
4.2%
KNF
Faster 2-yr revenue CAGR
KNF
KNF
Annualised
KNF
51.4%
4.9%
PRG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KNF
KNF
PRG
PRG
Revenue
$755.1M
$651.6M
Net Profit
$32.0M
$36.1M
Gross Margin
19.2%
Operating Margin
8.6%
10.0%
Net Margin
4.2%
5.5%
Revenue YoY
14.9%
457.1%
Net Profit YoY
37.6%
3.8%
EPS (diluted)
$0.56
$3.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KNF
KNF
PRG
PRG
Q1 26
$651.6M
Q4 25
$755.1M
$525.4M
Q3 25
$1.2B
$595.1M
Q2 25
$833.8M
$604.7M
Q1 25
$353.5M
$684.1M
Q4 24
$657.2M
$558.9M
Q3 24
$1.1B
$606.1M
Q2 24
$806.9M
$592.2M
Net Profit
KNF
KNF
PRG
PRG
Q1 26
$36.1M
Q4 25
$32.0M
$40.5M
Q3 25
$143.2M
$33.1M
Q2 25
$50.6M
$38.5M
Q1 25
$-68.7M
$34.7M
Q4 24
$23.3M
$57.5M
Q3 24
$148.1M
$84.0M
Q2 24
$77.9M
$33.8M
Gross Margin
KNF
KNF
PRG
PRG
Q1 26
Q4 25
19.2%
Q3 25
23.6%
Q2 25
18.9%
Q1 25
-2.7%
Q4 24
17.4%
Q3 24
24.7%
Q2 24
21.8%
Operating Margin
KNF
KNF
PRG
PRG
Q1 26
10.0%
Q4 25
8.6%
6.9%
Q3 25
17.9%
9.0%
Q2 25
10.6%
10.0%
Q1 25
-23.4%
8.2%
Q4 24
6.7%
8.9%
Q3 24
18.9%
8.1%
Q2 24
14.5%
9.4%
Net Margin
KNF
KNF
PRG
PRG
Q1 26
5.5%
Q4 25
4.2%
7.7%
Q3 25
11.9%
5.6%
Q2 25
6.1%
6.4%
Q1 25
-19.4%
5.1%
Q4 24
3.5%
10.3%
Q3 24
13.4%
13.9%
Q2 24
9.7%
5.7%
EPS (diluted)
KNF
KNF
PRG
PRG
Q1 26
$3.68
Q4 25
$0.56
$0.99
Q3 25
$2.52
$0.82
Q2 25
$0.89
$0.95
Q1 25
$-1.21
$0.83
Q4 24
$0.42
$1.33
Q3 24
$2.60
$1.94
Q2 24
$1.37
$0.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KNF
KNF
PRG
PRG
Cash + ST InvestmentsLiquidity on hand
$73.8M
$69.4M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$1.6B
$774.4M
Total Assets
$3.7B
$2.0B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KNF
KNF
PRG
PRG
Q1 26
$69.4M
Q4 25
$73.8M
$308.8M
Q3 25
$30.7M
$292.6M
Q2 25
$26.6M
$222.0M
Q1 25
$86.1M
$213.3M
Q4 24
$236.8M
$90.9M
Q3 24
$220.4M
$221.7M
Q2 24
$15.5M
$250.1M
Total Debt
KNF
KNF
PRG
PRG
Q1 26
Q4 25
$1.2B
$594.9M
Q3 25
$1.2B
Q2 25
$1.4B
Q1 25
$1.2B
Q4 24
$677.4M
$643.6M
Q3 24
$678.5M
Q2 24
$679.5M
Stockholders' Equity
KNF
KNF
PRG
PRG
Q1 26
$774.4M
Q4 25
$1.6B
$746.4M
Q3 25
$1.6B
$703.6M
Q2 25
$1.5B
$668.7M
Q1 25
$1.4B
$654.4M
Q4 24
$1.5B
$650.3M
Q3 24
$1.4B
$630.8M
Q2 24
$1.3B
$581.9M
Total Assets
KNF
KNF
PRG
PRG
Q1 26
$2.0B
Q4 25
$3.7B
$1.6B
Q3 25
$3.7B
$1.5B
Q2 25
$3.6B
$1.5B
Q1 25
$3.3B
$1.5B
Q4 24
$2.9B
$1.5B
Q3 24
$2.9B
$1.4B
Q2 24
$2.7B
$1.5B
Debt / Equity
KNF
KNF
PRG
PRG
Q1 26
Q4 25
0.71×
0.80×
Q3 25
0.74×
Q2 25
0.93×
Q1 25
0.83×
Q4 24
0.46×
0.99×
Q3 24
0.47×
Q2 24
0.52×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KNF
KNF
PRG
PRG
Operating Cash FlowLast quarter
$195.9M
Free Cash FlowOCF − Capex
$138.2M
FCF MarginFCF / Revenue
18.3%
Capex IntensityCapex / Revenue
7.6%
Cash ConversionOCF / Net Profit
6.12×
TTM Free Cash FlowTrailing 4 quarters
$-69.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KNF
KNF
PRG
PRG
Q1 26
Q4 25
$195.9M
$-54.9M
Q3 25
$250.4M
$110.0M
Q2 25
$-42.6M
$69.9M
Q1 25
$-125.3M
$209.9M
Q4 24
$172.4M
$-84.5M
Q3 24
$239.7M
$31.9M
Q2 24
$-46.6M
$55.4M
Free Cash Flow
KNF
KNF
PRG
PRG
Q1 26
Q4 25
$138.2M
$-57.5M
Q3 25
$188.7M
$106.5M
Q2 25
$-196.2M
$68.0M
Q1 25
$-200.2M
$208.0M
Q4 24
$127.2M
$-86.8M
Q3 24
$216.1M
$29.8M
Q2 24
$-106.5M
$53.5M
FCF Margin
KNF
KNF
PRG
PRG
Q1 26
Q4 25
18.3%
-10.9%
Q3 25
15.7%
17.9%
Q2 25
-23.5%
11.2%
Q1 25
-56.6%
30.4%
Q4 24
19.3%
-15.5%
Q3 24
19.6%
4.9%
Q2 24
-13.2%
9.0%
Capex Intensity
KNF
KNF
PRG
PRG
Q1 26
Q4 25
7.6%
0.5%
Q3 25
5.1%
0.6%
Q2 25
18.4%
0.3%
Q1 25
21.2%
0.3%
Q4 24
6.9%
0.4%
Q3 24
2.1%
0.3%
Q2 24
7.4%
0.3%
Cash Conversion
KNF
KNF
PRG
PRG
Q1 26
Q4 25
6.12×
-1.36×
Q3 25
1.75×
3.32×
Q2 25
-0.84×
1.82×
Q1 25
6.05×
Q4 24
7.41×
-1.47×
Q3 24
1.62×
0.38×
Q2 24
-0.60×
1.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KNF
KNF

Services$347.2M46%
Ready Mix Concrete$88.4M12%
Contracting Services Public Sector$80.2M11%
Aggregates$73.9M10%
Energy Services Segment$56.2M7%
Liquid Asphalt$49.1M7%
Other$43.2M6%
Asphalt$22.7M3%

PRG
PRG

Segment breakdown not available.

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