MDU · Mdu Resources Group Inc
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | $1.81B | $1.88B | $1.76BG | $1.8B | $1.75B | $3.45B | $5.53B | $5.34B | $4.53B | $4.44B | $4.13B | $4.01B | $4.12B | $3.92B | $4.08B | $4.05B | $3.91B | $4.18B | $5B | $4.25B | |
| — | $41.8M | — | — | $46M | $47.9M | $50.1M | $48M | $51.5M | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | $436.88M | $433.02M | $414.49M | $407.08M | $379.95M | $2.21B | $4.03B | $3.9B | $3.26B | $3.14B | $2.89B | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | $2.1M | $2.2M | $2.5M | $9M | $2.4M | $1.2M | $2M | $2.5M | $2.5M | $3.2M | $4M | $3.8M | $3.7M | $4.2M | $5M | — | — | |
| — | $209.63M | $206.71M | $200.08M | $190.45M | $188.56M | $198.24M | $285.1M | $256.02M | $220.21M | $207.49M | $216.32M | $211.75M | $203.08M | $200.4M | $359.21M | $343.4M | $328.84M | $330.54M | $366.02M | $301.93M | |
| — | $1.51B | $1.58B | $1.49B | $1.58B | $1.55B | $3.12B | $4.99B | $4.86B | $4.13B | $4.02B | $3.72B | $3.69B | $3.79B | $3.6B | $4.06B | $3.64B | $3.5B | $4.33B | $4.49B | $3.69B | |
| — | $293.22M | $290.38M | $265.64M | $224.94M | $200.87M | $331.05M | $544.93M | $481.22M | $401.72M | $424.05M | $408.91M | $319.78M | $327.18M | $320.7M | $19.21M | $406.37M | $410.73M | -$153.1M | $512.04M | $557.12M | |
| — | — | 15.49% | 15.11% | 12.47% | 11.5% | 9.58% | 9.85% | 9.02% | 8.87% | 9.54% | 9.9% | 7.97% | 7.95% | 8.18% | 0.47% | 10.03% | 10.51% | -3.67% | 10.23% | 13.12% | |
| — | $502.85M | $497.09M | $465.72M | $415.39M | $389.43M | $529.29M | $830.03M | $737.24M | $621.93M | $631.53M | $625.23M | $531.52M | $530.27M | $521.1M | $378.41M | $749.76M | $739.57M | $177.45M | $878.06M | $859.05M | |
| — | $113.61M | $107.75M | $108.35M | $114.31M | $80.7M | $70.71M | $96.52M | $98.59M | $84.61M | $82.79M | $87.85M | $91.18M | $86.87M | $83.8M | $76.7M | $81.35M | $83.01M | $84.1M | $81.53M | $72.24M | |
| — | $25.96M | $28.35M | $41.37M | $33.45M | $3.26M | $25.72M | $26.71M | $15.81M | -$238K | $8.77M | $5.17M | $18.46M | $9.14M | $6.09M | $6.64M | $6.52M | $8.02M | $9.33M | $4.01M | $8.32M | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | -$41K | -$132K | $5.38M | $4.69M | $30.82M | $8.5M | $6.63M | $19.61M | |
| — | $205.56M | $210.98M | $198.66M | $340.33M | $123.45M | $286.07M | $475.12M | $398.45M | $316.87M | $350.03M | $326.23M | $247.05M | $249.45M | $242.99M | -$45.47M | $336.23M | $366.55M | -$219.37M | — | — | |
| — | $15.68M | $19.57M | $17.59M | $10.21M | $6.2M | $43.54M | $84.59M | $63.28M | $47.49M | $65.04M | $93.13M | $70.66M | $64.42M | $74.29M | -$31.15M | $110.27M | $122.53M | -$96.09M | $147.48M | $190.02M | |
| — | $189.25M | $190.4M | $281.11M | $414.71M | $367.49M | $378.13M | $390.21M | $335.45M | $272.32M | $281.2M | -$67.26M | -$657.69M | $294.34M | $278.57M | -$754K | $213.03M | $240.66M | -$123.27M | $293.67M | $432.12M | |
| — | — | 10.15% | 15.99% | 23% | 21.03% | 10.95% | 7.05% | 6.29% | 6.01% | 6.33% | -1.63% | -16.38% | 7.15% | 7.11% | -0.02% | 5.26% | 6.16% | -2.95% | 5.87% | 10.17% | |
| — | -$42.77M | — | — | — | — | — | — | — | — | — | — | -$35.26M | -$3.9M | -$363K | $0 | $0 | — | — | — | — | |
| — | — | — | — | — | — | — | — | $335.45M | $272.32M | $280.43M | $63.75M | -$623.12M | $297.55M | $278.25M | -$1.44M | $212.34M | $239.97M | — | — | — | |
| — | $189.28M | $190.48M | $282.69M | $414.6M | $377.91M | $385.21M | $384.23M | $331.69M | $279.27M | $279.6M | $65.85M | -$617.48M | $294.34M | $289.45M | -$2.47M | $197.29M | $230.23M | -$154.47M | $313.84M | $429.21M | |
| USD/shares | — | — | $0.93 | $1.38 | $2.04 | $1.81 | $1.04 | $0.74 | $0.64 | $0.53 | $0.55 | $0.13 | -$1.22 | $0.59 | $0.56 | -$0.00 | $0.43 | $0.49 | — | — | — |
| USD/shares | $0.93 – $1.00 | — | $0.93G | $1.37 | $2.03 | $1.81 | $1.04 | $0.74 | $0.64 | $0.53 | $0.54 | $0.13 | -$1.22 | $0.59 | $0.56 | -$0.00 | $0.43 | $0.48 | — | — | — |
| shares | — | — | 204.29M | 203.87M | 203.64M | 203.36M | 364.75M | 527.3M | 522.33M | 514.72M | 513.63M | 513.61M | 512.64M | 506.27M | 496.67M | 496.59M | 496.42M | 494.78M | 486.99M | 481.53K | 478.5K |
| shares | — | — | 205.3M | 204.65M | 203.94M | 203.46M | 365.3M | 527.48M | 522.36M | 515.85M | 514.63M | 514.45M | 512.79M | 506.48M | 498.87M | 496.59M | 496.8M | 495.02M | 486.99M | 483.39K | 481.01K |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $25.62M in buybacks, $2.6B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 13 similar-size Utilities - Regulated Gas companies (of 15 listed).
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Natural Gas Distribution | $1,283,130,000 | $1,200,975,000 | $1,287,236,000 | $1,273,588,000 | $971,640,000 | $847,651,000 | $865,222,000 | $823,247,000 |
| Electric | $437,777,000 | $414,406,000 | $401,037,000 | $377,015,000 | $349,412,000 | $331,538,000 | $351,725,000 | $335,123,000 |
| Pipeline and Midstream | $154,159,000 | $142,597,000 | $115,079,000 | $96,695,000 | $83,066,000 | $85,346,000 | $84,192,000 | $78,018,000 |
| Corporate And Other | $0 | $0 | $0 | $0 | $84,000 | -$55,000 | $90,000 | $207,000 |
| Construction Materials and Contracting | — | — | — | $2,533,713,000 | $2,228,306,000 | $2,177,585,000 | $2,189,651,000 | $1,925,185,000 |
| Construction Services | — | — | $2,854,246,000 | $2,694,623,000 | $2,050,234,000 | $2,090,685,000 | $1,845,896,000 | $1,369,772,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Natural Gas Transportation | $258,520,000 | $235,268,000 | $197,762,000 | $178,176,000 | $162,409,000 | $157,232,000 | $147,114,000 | $132,397,000 |
| Other Revenues | $151,960,000 | $113,325,000 | $83,642,000 | $70,761,000 | $72,299,000 | $68,865,000 | $82,669,000 | $76,796,000 |
| Natural Gas Storage | $23,270,000 | $23,690,000 | $18,254,000 | $14,583,000 | $14,680,000 | $14,918,000 | $11,708,000 | $11,543,000 |
| Construction Materials | — | — | — | $1,940,890,000 | $1,712,503,000 | $1,659,152,000 | $1,627,833,000 | $1,423,068,000 |
| Contracting Services | — | — | — | $1,187,721,000 | $1,017,471,000 | $1,069,665,000 | $1,088,633,000 | $968,755,000 |
| Inside Specialty Contracting | — | — | $2,125,536,000 | $1,988,729,000 | $1,324,419,000 | $1,397,124,000 | $1,266,196,000 | $926,875,000 |
| Natural Gas Gathering | — | — | — | — | — | $4,865,000 | $9,164,000 | $9,159,000 |
| Outside Specialty Contracting | — | — | $683,342,000 | $662,705,000 | $677,074,000 | $649,486,000 | $531,882,000 | $392,544,000 |
| Revenue from Contracts with Customers | — | — | — | $6,933,344,000 | $5,628,488,000 | $5,471,545,000 | $5,281,621,000 | $4,469,761,000 |
| Revenues Out of Scope | — | — | — | $40,520,000 | $52,245,000 | $61,205,000 | $55,155,000 | $61,791,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|
| Construction Services | $190,541,000 | $164,644,000 | $145,754,000 | $147,644,000 | $126,426,000 | $86,764,000 | $81,292,000 |
| Electric | $92,789,000 | $79,655,000 | $66,335,000 | $63,434,000 | $64,039,000 | $65,148,000 | $79,902,000 |
| Natural Gas Distribution | $92,181,000 | $91,889,000 | $89,173,000 | $73,082,000 | $69,188,000 | $72,336,000 | $84,239,000 |
| Pipeline and Midstream | $69,162,000 | $55,466,000 | $48,078,000 | $49,436,000 | $42,796,000 | $36,128,000 | $36,004,000 |
| Corporate And Other | -$18,695,000 | -$21,655,000 | -$18,289,000 | -$3,169,000 | -$1,184,000 | -$79,000 | -$619,000 |
| Construction Materials and Contracting | — | $194,295,000 | — | $214,498,000 | $179,955,000 | $141,426,000 | $143,230,000 |
Operating Margin by Segment (%)
| Component | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|
| Natural Gas Distribution | 7.2% | 7.2% | 9.2% | 8.6% | 8% | 8.8% |
| Electric | 23.1% | 21.1% | 19% | 19.1% | 18.2% | 19.4% |
| Pipeline and Midstream | 60.1% | 57.4% | 57.9% | 57.9% | 50.8% | 46.3% |
| Corporate And Other | — | — | -21772.6% | — | -1315.6% | -38.2% |
| Construction Materials and Contracting | — | 7.7% | — | 9.9% | 8.2% | 7.3% |
| Construction Services | 6.7% | 6.1% | 7.1% | 7.1% | 6.8% | 6.3% |