GoAI
Get started
MDU Resources Group, Inc. logo

MDU Resources Group, Inc.

MDU

NYSEUtilitiesRegulated Gas

Open in GoAI

Latest quote

$19.94

Market data unavailable

Aug 21, 3:55 PM ET

MDU company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

57

Fair Value

Momentum

40

Weakening

Sentiment

54

Mixed

Risk resilience

82

Low Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Industry
Regulated Gas
Sector
Utilities
Headquarters
US

Market position

Volume
814.11K
Market cap
4.17B USD

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
6.7B USD
P/E (TTM)
21×
P/B (TTM)
1.43×
P/S (TTM)
2.28×
EV / EBITDA
12.75×
Earnings yield
4.77%
Free cash flow yield
-7.99%
Dividend yield
2.81%

Profitability & efficiency

Gross margin
42.42%
Operating margin
16.98%
Net margin
10.75%
Return on equity
6.87%
Return on assets
2.45%
Return on invested capital
3.65%

Financial health

Debt / equity
0.88×
Current ratio
0.84×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends35%26%16%7%Gross margin, FY2021: 19.90%Gross margin, FY2022: 28.05%Gross margin, FY2023: 28.75%Gross margin, FY2024: 32.53%Gross margin, FY2025: 21.59%Operating margin, FY2021: 9.58%Operating margin, FY2022: 11.50%Operating margin, FY2023: 12.47%Operating margin, FY2024: 15.11%Operating margin, FY2025: 15.49%Net margin, FY2021: 10.95%Net margin, FY2022: 21.03%Net margin, FY2023: 23.00%Net margin, FY2024: 15.99%Net margin, FY2025: 10.15%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 19.90%. Gross margin FY2022 28.05%. Gross margin FY2023 28.75%. Gross margin FY2024 32.53%. Gross margin FY2025 21.59%. Operating margin FY2021 9.58%. Operating margin FY2022 11.50%. Operating margin FY2023 12.47%. Operating margin FY2024 15.11%. Operating margin FY2025 15.49%. Net margin FY2021 10.95%. Net margin FY2022 21.03%. Net margin FY2023 23.00%. Net margin FY2024 15.99%. Net margin FY2025 10.15%.

Income trends

Revenue

1.88B USD+6.66%

Operating income

290.4M USD+9.32%

Net income

190.4M USD-32.27%
Income trends across reported periods3.78B USD2.48B USD1.17B USD−136M USDRevenue, FY2021: 3.45B USDRevenue, FY2022: 1.75B USDRevenue, FY2023: 1.8B USDRevenue, FY2024: 1.76B USDRevenue, FY2025: 1.88B USDOperating income, FY2021: 331.05M USDOperating income, FY2022: 200.87M USDOperating income, FY2023: 224.94M USDOperating income, FY2024: 265.64M USDOperating income, FY2025: 290.4M USDNet income, FY2021: 378.13M USDNet income, FY2022: 367.49M USDNet income, FY2023: 414.71M USDNet income, FY2024: 281.11M USDNet income, FY2025: 190.4M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.45B USD. Revenue FY2022 1.75B USD. Revenue FY2023 1.8B USD. Revenue FY2024 1.76B USD. Revenue FY2025 1.88B USD. Operating income FY2021 331.05M USD. Operating income FY2022 200.87M USD. Operating income FY2023 224.94M USD. Operating income FY2024 265.64M USD. Operating income FY2025 290.4M USD. Net income FY2021 378.13M USD. Net income FY2022 367.49M USD. Net income FY2023 414.71M USD. Net income FY2024 281.11M USD. Net income FY2025 190.4M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue1.88B USD1.76B USD1.8B USD1.75B USD3.45B USD
Cost of goods sold1.47B USD1.19B USD1.28B USD1.26B USD2.77B USD
Gross profit404.9M USD571.94M USD518.53M USD490.06M USD687.28M USD
Operating expenses114.5M USD306.29M USD293.58M USD289.19M USD356.23M USD
Interest expense107.7M USD108.35M USD114.31M USD80.68M USD70.71M USD
Depreciation and amortization206.7M USD200.08M USD190.45M USD188.56M USD198.24M USD
Operating income290.4M USD265.64M USD224.94M USD200.87M USD331.05M USD
Net income190.4M USD281.11M USD414.71M USD367.49M USD378.13M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
73%
8 beats, 2 misses, 1 met estimate
Average EPS surprise
+8.31%
11 comparable reports
Latest EPS result
0.09
Estimate 0.09 · Beat by 1.93%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.460.330.190.06Q1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MetQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 0.34, estimate 0.31, surprise +9.68%, Beat. Q2 2025, reported May 8, 2025: actual 0.4, estimate 0.36, surprise +11.11%, Beat. Q3 2025, reported Aug 7, 2025: actual 0.07, estimate 0.13, surprise -46.15%, Miss. Q4 2025, reported Nov 6, 2025: actual 0.09, estimate 0.07, surprise +28.57%, Beat. Q1 2026, reported Feb 5, 2026: actual 0.37, estimate 0.37, surprise 0.00%, Met estimate. Q2 2026, reported May 7, 2026: actual 0.39, estimate 0.42, surprise -7.14%, Miss. Q3 2026, reported Aug 6, 2026: actual 0.09, estimate 0.088, surprise +1.93%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 0.12, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates829.57M641.03M452.5M263.96MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26MissQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 535.5M USD, estimate 790.56M USD, surprise -32.26%, Miss. Q2 2025, reported May 8, 2025: actual 674.8M USD, estimate 653.13M USD, surprise +3.32%, Beat. Q3 2025, reported Aug 7, 2025: actual 351.2M USD, estimate 302.97M USD, surprise +15.92%, Beat. Q4 2025, reported Nov 6, 2025: actual 315.1M USD, estimate 310.72M USD, surprise +1.41%, Beat. Q1 2026, reported Feb 5, 2026: actual 534M USD, estimate 561.46M USD, surprise -4.89%, Miss. Q2 2026, reported May 7, 2026: actual 606M USD, estimate 688.34M USD, surprise -11.96%, Miss. Q3 2026, reported Aug 6, 2026: actual 375.2M USD, estimate 396.56M USD, surprise -5.39%, Miss. Q4 2026, reported Nov 5, 2026: actual —, estimate 346.22M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$23.00

15.29% upside
Past 12 months12-month forecastHigh $25.00Average $23.00Low $21.00

Rating distribution

19 ratings
Strong buy00%
Buy947%
Hold842%
Sell211%
Strong sell00%

Recent analyst actions

6 institutions
JP MorganupgradeNeutralOverweight
TD CowenmaintainHold
Freedom BrokermaintainHold
Argus ResearchupgradeHoldBuy

MDU news

seekingalpha.com

Dividend Announcements: August 8-14, 2026

In this article series, I summarize dividend announcements of the past week. This week, 12 stocks announced dividend increases, while one announced a 52% dividend cut. BMI stands out with a 10% dividend increase, an…

Read source
defenseworld.net

Contrasting MDU Resources Group (NYSE:MDU) & WEC Energy Group (NYSE:WEC)

MDU Resources Group (NYSE: MDU - Get Free Report) and WEC Energy Group (NYSE: WEC - Get Free Report) are both utilities companies, but which is the superior investment? We will compare the two businesses based on the…

Read source
prnewswire.com

MDU Resources Announces Increased Quarterly Dividend

BISMARCK, N.D., Aug. 13, 2026 /PRNewswire/ -- The board of directors of MDU Resources Group, Inc. (NYSE: MDU) has increased the quarterly dividend on the company's common stock to 14.5 cents per share, for an annualized…

Read source
marketbeat.com

MDU Resources Group Q2 Earnings Call Highlights

MDU Resources Group NYSE: MDU reported second-quarter 2026 earnings of $21.3 million, or $0.10 per share, up from $13.7 million, or $0.07 per share, a year earlier, as new utility rates, customer growth, renewable…

Read source
defenseworld.net

Cetera Investment Advisers Purchases 38,435 Shares of MDU Resources Group, Inc. $MDU

Cetera Investment Advisers lifted its position in shares of MDU Resources Group, Inc. (NYSE: MDU) by 39.9% in the undefined quarter, according to its most recent 13F filing with the SEC. The firm owned 134,877 shares of…

Read source
seekingalpha.com

MDU Resources Group, Inc. (MDU) Q2 2026 Earnings Call Transcript

MDU Resources Group, Inc. (MDU) Q2 2026 Earnings Call Transcript

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.54

2025 complete year+66.3% since 2021

2026 partial: $0.28

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 10, 2026

$0.145

Quarterly

Record Sep 10, 2026 · Payment Oct 1, 2026

Dividend

Ex-dividend Jun 11, 2026

$0.14

Quarterly

Record Jun 11, 2026 · Payment Jul 1, 2026

Dividend

Ex-dividend Mar 12, 2026

$0.14

Quarterly

Record Mar 12, 2026 · Payment Apr 1, 2026

Dividend

Ex-dividend Dec 11, 2025

$0.14

Quarterly

Record Dec 11, 2025 · Payment Jan 1, 2026

Dividend

Ex-dividend Sep 11, 2025

$0.14

Quarterly

Record Sep 11, 2025 · Payment Oct 1, 2025

Dividend

Ex-dividend Jun 12, 2025

$0.13

Quarterly

Record Jun 12, 2025 · Payment Jul 1, 2025

MDU peers

NextEra Energy, Inc. logo

NEE

NextEra Energy, Inc.

$83.65

-1.62%

The Southern Company logo

SOMN

The Southern Company

$48.05

-1.80%

Southern Company (The) Series 2 logo

SOJE

Southern Company (The) Series 2

$15.90

-1.06%

The Southern Company logo

SO

The Southern Company

$88.94

-2.72%

Duke Energy Corporation logo

DUK

Duke Energy Corporation

$119.85

-2.31%

National Grid plc logo

NGG

National Grid plc

$79.76

-1.07%

ETFs holding MDU

Funds reporting this stock among their holdings, ordered by reported position size.

iShares Core S&P Small-Cap ETF logoiShares Core S&P Small-Cap ETFIJR
Market value
261.68M
Weight
0.23%
AUM
111.19B USD
Expense ratio
0.06%
Price / 1D
$147.31+0.64%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
133.07M
Weight
0.01%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
95.87M
Weight
0.05%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Value ETF logoVanguard Morningstar Small-Cap Value ETFVBR
Market value
60.88M
Weight
0.09%
AUM
68.3B USD
Expense ratio
0.05%
Price / 1D
$249.18+0.68%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
47.97M
Weight
0.05%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
State Street SPDR Portfolio S&P 600 Small Cap ETF logoState Street SPDR Portfolio S&P 600 Small Cap ETFSPSM
Market value
39.99M
Weight
0.23%
AUM
17.03B USD
Expense ratio
0.03%
Price / 1D
$57.28+0.61%
Global X - U.S. Infrastructure Development ETF logoGlobal X - U.S. Infrastructure Development ETFPAVE
Market value
39.96M
Weight
0.29%
AUM
13.86B USD
Expense ratio
0.47%
Price / 1D
$56.39+0.62%
iShares S&P Small-Cap 600 Value ETF logoiShares S&P Small-Cap 600 Value ETFIJS
Market value
38.31M
Weight
0.46%
AUM
8.33B USD
Expense ratio
0.18%
Price / 1D
$138.43+0.67%

Continue in GoAI

Research MDU

research.disclaimer