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) Operating margin

Alert me on Operating margin

MDU Resources Group, Inc.'s operating margin over the twelve months to 30 June 2026 was 17.0%, up 1.5 percentage points from fiscal 2025 (15.5%). Over the past ten years it has ranged from 7.97% (fiscal 2015) to 15.5% (fiscal 2025) — the current reading is the highest in ten years. That is below the Utilities Regulated Gas industry median of 22.8% and below the Utilities sector median of 18.7%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 15.5% 0.38
FY2024 15.1% 2.64
FY2023 12.5% 0.97
FY2022 11.5% 1.92
FY2021 9.58% (0.27)
FY2020 9.85% 0.83
FY2019 9.02% 0.15
FY2018 8.87% (0.67)
FY2017 9.54% (0.36)
FY2016 9.90% 1.93

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 12.8% (6.31)
Mar 2026 19.1% (1.01)
Dec 2025 20.1% 7.45
Sep 2025 12.7% 4.01
42 more quarters

Against its own ten years

Low 7.97% High 15.5%
Ten-year median 9.85%
Current reading's percentile 95

Operating margin against peers

Company Operating margin
SWX Southwest Gas Corporation compare 28.9%
CPK Chesapeake Utilities Corporation compare 27.2%
NJR NewJersey Resources Corporation compare 24.8%
BKH Bright Horizon Energy Corporation compare 24.3%
NWN Northwest Natural Gas Company compare 22.9%
SR Spire Inc. compare 22.7%
OGS ONE Gas, Inc. compare 21.1%
MDU MDU Resources Group, Inc. 17.0%
UGI UGI Corporation compare 16.2%
Utilities Regulated Gas industry median 22.8%
Utilities sector median 18.7%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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