MDU · Mdu Resources Group Inc · Financials

$18.53 -1.29 (-6.51%) At close · Nov 5 Play latest call Q3 2026 earnings call transcript

S&P 600 member Russell 1000 member Rebalance outlook locked

Market Cap

$4.17B

210.35M

Volume · Nov 5 4.37M Avg daily vol (3M) 1.8M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Pull these statements through the financial statements API or MCP →

Revenue

$1.88B +6.7%

FY2025

Net Income

$190.4M -32.3%

FY2025

Operating Margin

15.49% +0.4pp

FY2025

Diluted EPS

$0.93 -32.1%

FY2025

Operating Cash Flow

$473.37M -5.8%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007
Revenue	+2.4%	-19.5%	-7.3%	$1.83B	$1.88B	$1.76B	$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
Rental Income	—	—	—	—	—	—	$46M	$47.9M	$50.1M	$48M	$51.5M	—	—	—	—	—	—	—	—	—	—	—	—
Selling, General & Administrative	+4.5%	-36.0%	—	$438.01M	$433.02M	$414.49M	$407.08M	$379.95M	$2.21B	$4.03B	$3.9B	$3.26B	$3.14B	$2.89B	—	—	—	—	—	—	—	—	—
Amortization of Intangibles	—	—	—	—	—	—	$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	—	—
Depreciation & Amortization	+3.1%	-6.2%	-0.2%	$212.96M	$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
Total Operating Expenses	+0.8%	-20.5%	-8.1%	$1.52B	$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
Operating Income	+13.1%	-11.8%	-1.0%	$310.83M	$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
Operating Margin	—	—	—	—	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%
EBITDA	+8.5%	-9.7%	-0.7%	$523.79M	$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
Interest Expense	+10.1%	+2.2%	+1.7%	$119.72M	$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
Other Non-Operating Income	+105.6%	+1.2%	+4.4%	$22.24M	$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
Equity in Earnings of Unconsolidated Entities	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-$41K	-$132K	$5.38M	$4.69M	$30.82M	$8.5M	$6.63M	$19.61M
Pretax Income	+19.6%	-15.0%	-1.6%	$213.36M	$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	—	—
Income Tax	+46.7%	-25.4%	-12.0%	$18.37M	$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
Net Income	-19.7%	-13.4%	—	$196.71M	$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
Net Margin	—	—	—	—	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%
Net Income Attributable to Noncontrolling Interests	—	—	—	—	—	—	—	—	—	—	—	—	—	—	-$35.26M	-$3.9M	-$363K	$0	$0	—	—	—	—
Net Income Available to Common Stockholders	—	—	—	—	—	—	—	—	—	—	$335.45M	$272.32M	$280.43M	$63.75M	-$623.12M	$297.55M	$278.25M	-$1.44M	$212.34M	$239.97M	—	—	—
Comprehensive Income	-20.4%	-13.1%	—	$196.74M	$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
EPS (Basic) USD/shares	-19.9%	-13.8%	—	$0.95	$0.93	$1.38	$2.04	$1.81	$1.87	$1.95	$1.69	$1.39	$1.44	$0.33	-$3.20	$1.55	$1.47	-$0.01	$1.12	$1.28	—	—	—
EPS (Diluted) USD/shares	-19.9%	-13.8%	—	$0.95	$0.93^G	$1.37	$2.03	$1.81^G	$1.87^G	$1.95^G	$1.69	$1.39	$1.43	$0.33	-$3.20	$1.55	$1.47	-$0.01	$1.12	$1.27	—	—	—
Shares Outstanding (Basic Avg) shares	+0.2%	+0.4%	+0.5%	—	204.29M	203.87M	203.64M	203.36M	202.08M	200.5M	198.61M	195.72M	195.3M	195.3M	194.93M	192.51M	188.86M	188.83M	188.76M	188.14M	185.18M	183.1K	181.95K
Shares Outstanding (Diluted Avg) shares	+0.3%	+0.5%	+0.5%	—	205.3M	204.65M	203.94M	203.46M	202.38M	200.57M	198.63M	196.15M	195.69M	195.62M	194.99M	192.59M	189.69M	188.83M	188.91M	188.23M	185.18M	183.81K	182.9K

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

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.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Read debt and covenant terms in your AI or your code through MCP and the API →

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balance	As of	Amount	Source
Long-term debt, including current maturities	2026-06-30	USD 2,577,157,000	10-Q filed 2026-08-06
Related accounting measures — not additional borrowing Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year. Current portion of long-term debt USD 4,700,000 Noncurrent debt carrying amount USD 2,572,457,000

Instrument and agreement coverage is incomplete. Additional filings are awaiting review.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.

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

EV/Revenue

3.66×

Peer median 4.57×

EV/EBIT

21.56×

Peer median 18.38×

P/E (TTM)

20.86×

Peer median 20.34×

Price/Sales (TTM)

2.28×

Peer median 2.51×

Price/Book

1.42×

Peer median 1.64×

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%

Key facts CIK 67716 CUSIP 552690109 13F (30d) 207 filings 167 filers Visit website Investor relations