MDU Resources Group, Inc. (MDU) Earnings History
Annual and quarterly earnings data from 1994 to 2025
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MDU EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
MDU Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 21.6% | 15.5% | 10.2% |
| 2024 | 32.5% | 15.1% | 16.0% |
| 2023 | 28.8% | 12.5% | 23.0% |
| 2022 | 28.0% | 11.5% | 21.0% |
| 2021 | 19.9% | 9.6% | 10.9% |
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MDU Resources Group, Inc. (MDU) Earnings Overview
As of May 8, 2026, MDU Resources Group, Inc. (MDU) reported trailing twelve-month net income of $189M, reflecting -32.1% year-over-year growth. The company earned $0.91 per diluted share over the past four quarters, with a net profit margin of 10.2%.
Looking at the long-term picture, MDU's 5-year EPS compound annual growth rate (CAGR) stands at -13.8%, signaling declining earnings. The company achieved its highest annual net income of $432M in fiscal 2007.
MDU Resources Group, Inc. maintains positive profitability with a gross margin of 21.6%, operating margin of 15.5%, and net margin of 10.2%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including NI ($962M net income, 14.0% margin), OGE ($458M net income, 14.4% margin), AVA ($206M net income, 9.8% margin), MDU has room to improve margins relative to the peer group. Compare MDU vs NI →
MDU Earnings vs Peers
Earnings metrics vs comparable public companies
MDU Historical Earnings Data (1994–2025)
32 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $190M | -32.3% | $290M | $0.93 | 10.2% | 15.5% |
| 2024 | $281M | -32.2% | $266M | $1.37 | 16.0% | 15.1% |
| 2023 | $415M | +12.8% | $225M | $2.03 | 23.0% | 12.5% |
| 2022 | $367M | -2.8% | $201M | $1.81 | 21.0% | 11.5% |
| 2021 | $378M | -3.1% | $331M | $1.87 | 10.9% | 9.6% |
| 2020 | $390M | +16.3% | $545M | $1.95 | 7.1% | 9.8% |
| 2019 | $335M | +23.2% | $481M | $1.69 | 6.3% | 9.0% |
| 2018 | $272M | -3.1% | $402M | $1.39 | 6.0% | 8.9% |
| 2017 | $281M | +336.5% | $429M | $1.43 | 6.3% | 9.6% |
| 2016 | $64M | +110.3% | $409M | $0.33 | 1.6% | 9.9% |
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Start ComparisonMDU — Frequently Asked Questions
Quick answers to the most common questions about buying MDU stock.
Is MDU growing earnings?
MDU EPS fell to $0.91, with earnings declining -32.1%. This contrasts with the 5-year CAGR of -13.8%. TTM net income dropped to $189M.
What are MDU's profit margins?
MDU Resources Group, Inc. net margin is +10.2%, with operating margin at +15.5%. Margins sit within typical range for the sector.
How consistent are MDU's earnings?
MDU earnings data spans 1994-2025. The declining earnings trend is -32.1% YoY. Historical data enables comparison across business cycles.