MDU Resources Group, Inc.

MDU Utilities Utilities Regulated Gas

MDU Resources Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.9 billion, up 6.66% from fiscal 2024.

Revenue
+6.87%
EPS
+42.9%
Free cash flow
−58.9%
Total debt
+18.1%

Quarter to June 2026, against a year earlier

18.57 1.25 −6.31%
Market cap
$3.9B
P/E
19.5×
Fwd P/E
20.1×
Dividend yield
3.04%
F-score
4/9
Altman Z
1.05
Beneish M
−2.71
Dividend safety
32/100

MDU Resources Group, Inc. (MDU) Gross margin

Alert me on Gross margin

MDU Resources Group, Inc.'s gross margin over the twelve months to 30 June 2026 was 58.7%, up 3.0 percentage points from fiscal 2025 (55.7%). Over the past ten years it has ranged from 49.8% (fiscal 2022) to 91.7% (fiscal 2020); the current reading is higher than 27% of that period. That is below the Utilities Regulated Gas industry median of 63.3% and in line with the Utilities sector median of 58.0%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 55.7% (0.40)
FY2024 56.1% 4.78
FY2023 51.3% 1.54
FY2022 49.8% (34.08)
FY2021 83.9% (7.87)
FY2020 91.7% 1.26
FY2019 90.5% 1.18
FY2018 89.3% 0.77
FY2017 88.5% (0.37)
FY2016 88.9% 2.26

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 64.8% 11.88
Mar 2026 52.9% (2.36)
Dec 2025 55.3% (13.13)
Sep 2025 68.4% 5.67
42 more quarters

Against its own ten years

Low 49.8% High 91.7%
Ten-year median 86.6%
Current reading's percentile 33

Gross margin against peers

Company Gross margin
SWX Southwest Gas Corporation compare 86.4%
NWN Northwest Natural Gas Company compare 70.7%
SR Spire Inc. compare 69.2%
OGS ONE Gas, Inc. compare 63.4%
MDU MDU Resources Group, Inc. 58.7%
NJR NewJersey Resources Corporation compare 57.2%
UGI UGI Corporation compare 51.3%
CPK Chesapeake Utilities Corporation compare 0.00%
BKH Bright Horizon Energy Corporation compare 0.00%
Utilities Regulated Gas industry median 63.3%
Utilities sector median 58.0%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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