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Friday 6 November 2026 Export MDU’s income statement to Excel — free account

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

18.48 0.05 −0.27%
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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

MDU Resources Group, Inc. (MDU) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, MDU Resources Group, Inc. (MDU) trades at a P/B ratio of 1.3×. Over the past ten years it has ranged from 0.4× (March 2020) to 1.6× (May 2026); the current reading is higher than 90% of that period. That is below the Utilities Regulated Gas industry median of 1.6× and below the Utilities sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.4× 5.32%
FY2024 1.4× 81.38%
FY2023 0.8× 13.97%
FY2022 0.7× (6.14%)
FY2021 0.7× 7.42%
FY2020 0.7× (17.25%)
FY2019 0.8× 13.98%
FY2018 0.7× (15.39%)
FY2017 0.8× (11.58%)
FY2016 0.9× 71.20%

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.5× 3.62%
Mar 2026 1.5× 1.94%
Dec 2025 1.4× 7.61%
Sep 2025 1.3× 7.19%
42 more quarters

Against its own ten years

Low 0.4× High 1.6×
Ten-year median 0.8×
Current reading's percentile 89

P/B ratio against peers

Company P/B ratio
MDU MDU Resources Group, Inc. 1.3×
NWN Northwest Natural Gas Company compare 1.4×
OGS ONE Gas, Inc. compare 1.5×
SR Spire Inc. compare 1.5×
UGI UGI Corporation compare 1.5×
BKH Bright Horizon Energy Corporation compare 1.6×
SWX Southwest Gas Corporation compare 1.6×
CPK Chesapeake Utilities Corporation compare 2.0×
NJR NewJersey Resources Corporation compare 2.1×
Utilities Regulated Gas industry median 1.6×
Utilities sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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