MDU Resources Group financials
$18.68+0.81%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.88B | $1.76B | $1.80B | $1.75B | $3.45B | $5.53B | $5.34B | $4.53B | $4.44B | $4.13B |
| Gross profit | $1.04B | $986.4M | $925.6M | $870.0M | $2.90B | $5.08B | $4.83B | $4.05B | $3.93B | $3.67B |
| Gross margin | 55.7% | 56.1% | 51.3% | 49.8% | 83.9% | 91.7% | 90.5% | 89.3% | 88.5% | 88.9% |
| Operating income | $290.4M | $265.6M | $224.9M | $200.9M | $331.1M | $544.9M | $481.2M | $401.7M | $424.0M | $408.9M |
| Net income | $190.4M | $281.1M | $414.7M | $367.5M | $378.1M | $390.2M | $335.5M | $272.3M | $280.4M | $63.7M |
| Net margin | 10.2% | 16.0% | 23.0% | 21.0% | 10.9% | 7.1% | 6.3% | 6.0% | 6.3% | 1.5% |
| Diluted EPS | $0.93 | $1.37 | $2.03 | $1.81 | $1.87 | $1.95 | $1.69 | $1.39 | $1.43 | $0.33 |
| EBITDA | $497.1M | $465.7M | $415.4M | $389.4M | $529.3M | $830.0M | $737.2M | $621.9M | $631.5M | $625.2M |
| Operating cash flow | $473.4M | $502.3M | $332.6M | $510.1M | $495.8M | $768.4M | $542.3M | $499.9M | $448.0M | $462.2M |
| Free cash flow | -$297.0M | -$20.5M | -$151.5M | $67.5M | $10.6M | $210.4M | -$33.8M | -$68.3M | $106.6M | $74.0M |
| Diluted shares | 205.3M | 204.7M | 203.9M | 203.5M | 202.4M | 200.6M | 198.6M | 196.2M | 195.7M | 195.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $28.2M | $66.9M | $60.5M | $70.4M | $54.2M | $59.5M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $2.68B | $2.29B | $2.26B | $2.40B | $2.74B | $2.26B |
| Total assets | $7.62B | $7.04B | $7.83B | $9.66B | $8.91B | $8.05B |
| Total liabilities | $4.85B | $4.35B | $4.93B | $6.07B | $5.53B | $4.97B |
| Shareholders' equity | $2.77B | $2.69B | $2.91B | $3.59B | $3.38B | $3.08B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology