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Side-by-side financial comparison of Knife River Corp (KNF) and Veralto (VLTO). Click either name above to swap in a different company.

Veralto is the larger business by last-quarter revenue ($1.4B vs $755.1M, roughly 1.9× Knife River Corp). Veralto runs the higher net margin — 17.9% vs 4.2%, a 13.6% gap on every dollar of revenue. On growth, Knife River Corp posted the faster year-over-year revenue change (14.9% vs 6.8%). Veralto produced more free cash flow last quarter ($170.0M vs $138.2M). Over the past eight quarters, Knife River Corp's revenue compounded faster (51.4% CAGR vs 6.8%).

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.

Veralto Corporation is an American technology company headquartered in Waltham, Massachusetts. It produces products related to water analytics, water treatment, marking and coding, and packaging and color.

KNF vs VLTO — Head-to-Head

Bigger by revenue
VLTO
VLTO
1.9× larger
VLTO
$1.4B
$755.1M
KNF
Growing faster (revenue YoY)
KNF
KNF
+8.1% gap
KNF
14.9%
6.8%
VLTO
Higher net margin
VLTO
VLTO
13.6% more per $
VLTO
17.9%
4.2%
KNF
More free cash flow
VLTO
VLTO
$31.8M more FCF
VLTO
$170.0M
$138.2M
KNF
Faster 2-yr revenue CAGR
KNF
KNF
Annualised
KNF
51.4%
6.8%
VLTO

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KNF
KNF
VLTO
VLTO
Revenue
$755.1M
$1.4B
Net Profit
$32.0M
$254.0M
Gross Margin
19.2%
60.1%
Operating Margin
8.6%
23.8%
Net Margin
4.2%
17.9%
Revenue YoY
14.9%
6.8%
Net Profit YoY
37.6%
12.9%
EPS (diluted)
$0.56
$1.02

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
VLTO
VLTO
Q1 26
$1.4B
Q4 25
$755.1M
$1.4B
Q3 25
$1.2B
$1.4B
Q2 25
$833.8M
$1.3B
Q1 25
$353.5M
Q4 24
$657.2M
$1.3B
Q3 24
$1.1B
$1.3B
Q2 24
$806.9M
$1.3B
Net Profit
KNF
KNF
VLTO
VLTO
Q1 26
$254.0M
Q4 25
$32.0M
$239.0M
Q3 25
$143.2M
$222.0M
Q2 25
$50.6M
$225.0M
Q1 25
$-68.7M
Q4 24
$23.3M
$227.0M
Q3 24
$148.1M
$219.0M
Q2 24
$77.9M
$203.0M
Gross Margin
KNF
KNF
VLTO
VLTO
Q1 26
60.1%
Q4 25
19.2%
60.1%
Q3 25
23.6%
60.0%
Q2 25
18.9%
60.4%
Q1 25
-2.7%
Q4 24
17.4%
59.6%
Q3 24
24.7%
59.6%
Q2 24
21.8%
60.1%
Operating Margin
KNF
KNF
VLTO
VLTO
Q1 26
23.8%
Q4 25
8.6%
23.2%
Q3 25
17.9%
22.8%
Q2 25
10.6%
24.2%
Q1 25
-23.4%
Q4 24
6.7%
22.9%
Q3 24
18.9%
23.4%
Q2 24
14.5%
23.2%
Net Margin
KNF
KNF
VLTO
VLTO
Q1 26
17.9%
Q4 25
4.2%
17.0%
Q3 25
11.9%
16.2%
Q2 25
6.1%
16.9%
Q1 25
-19.4%
Q4 24
3.5%
16.9%
Q3 24
13.4%
16.7%
Q2 24
9.7%
15.8%
EPS (diluted)
KNF
KNF
VLTO
VLTO
Q1 26
$1.02
Q4 25
$0.56
$0.95
Q3 25
$2.52
$0.89
Q2 25
$0.89
$0.90
Q1 25
$-1.21
Q4 24
$0.42
$0.91
Q3 24
$2.60
$0.88
Q2 24
$1.37
$0.81

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KNF
KNF
VLTO
VLTO
Q1 26
Q4 25
$73.8M
$1.8B
Q3 25
$30.7M
$1.6B
Q2 25
$26.6M
$1.2B
Q1 25
$86.1M
Q4 24
$236.8M
$1.1B
Q3 24
$220.4M
$1.3B
Q2 24
$15.5M
$1.0B
Total Debt
KNF
KNF
VLTO
VLTO
Q1 26
Q4 25
$1.2B
$2.7B
Q3 25
$1.2B
$2.7B
Q2 25
$1.4B
$2.6B
Q1 25
$1.2B
Q4 24
$677.4M
$2.6B
Q3 24
$678.5M
$2.6B
Q2 24
$679.5M
$2.6B
Stockholders' Equity
KNF
KNF
VLTO
VLTO
Q1 26
Q4 25
$1.6B
$2.8B
Q3 25
$1.6B
$2.7B
Q2 25
$1.5B
$2.3B
Q1 25
$1.4B
Q4 24
$1.5B
$2.0B
Q3 24
$1.4B
$2.0B
Q2 24
$1.3B
$1.7B
Total Assets
KNF
KNF
VLTO
VLTO
Q1 26
Q4 25
$3.7B
$7.4B
Q3 25
$3.7B
$7.2B
Q2 25
$3.6B
$6.6B
Q1 25
$3.3B
Q4 24
$2.9B
$6.4B
Q3 24
$2.9B
$6.3B
Q2 24
$2.7B
$5.9B
Debt / Equity
KNF
KNF
VLTO
VLTO
Q1 26
Q4 25
0.71×
0.94×
Q3 25
0.74×
1.01×
Q2 25
0.93×
1.14×
Q1 25
0.83×
Q4 24
0.46×
1.28×
Q3 24
0.47×
1.35×
Q2 24
0.52×
1.57×

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
VLTO
VLTO
Operating Cash FlowLast quarter
$195.9M
$182.0M
Free Cash FlowOCF − Capex
$138.2M
$170.0M
FCF MarginFCF / Revenue
18.3%
12.0%
Capex IntensityCapex / Revenue
7.6%
0.8%
Cash ConversionOCF / Net Profit
6.12×
0.72×
TTM Free Cash FlowTrailing 4 quarters
$-69.6M
$893.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KNF
KNF
VLTO
VLTO
Q1 26
$182.0M
Q4 25
$195.9M
$270.0M
Q3 25
$250.4M
$339.0M
Q2 25
$-42.6M
$157.0M
Q1 25
$-125.3M
Q4 24
$172.4M
$285.0M
Q3 24
$239.7M
$224.0M
Q2 24
$-46.6M
$251.0M
Free Cash Flow
KNF
KNF
VLTO
VLTO
Q1 26
$170.0M
Q4 25
$138.2M
$258.0M
Q3 25
$188.7M
$323.0M
Q2 25
$-196.2M
$142.0M
Q1 25
$-200.2M
Q4 24
$127.2M
$263.0M
Q3 24
$216.1M
$215.0M
Q2 24
$-106.5M
$240.0M
FCF Margin
KNF
KNF
VLTO
VLTO
Q1 26
12.0%
Q4 25
18.3%
18.4%
Q3 25
15.7%
23.6%
Q2 25
-23.5%
10.7%
Q1 25
-56.6%
Q4 24
19.3%
19.6%
Q3 24
19.6%
16.4%
Q2 24
-13.2%
18.6%
Capex Intensity
KNF
KNF
VLTO
VLTO
Q1 26
0.8%
Q4 25
7.6%
0.9%
Q3 25
5.1%
1.2%
Q2 25
18.4%
1.1%
Q1 25
21.2%
Q4 24
6.9%
1.6%
Q3 24
2.1%
0.7%
Q2 24
7.4%
0.9%
Cash Conversion
KNF
KNF
VLTO
VLTO
Q1 26
0.72×
Q4 25
6.12×
1.13×
Q3 25
1.75×
1.53×
Q2 25
-0.84×
0.70×
Q1 25
Q4 24
7.41×
1.26×
Q3 24
1.62×
1.02×
Q2 24
-0.60×
1.24×

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%

VLTO
VLTO

Segment breakdown not available.

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