MDU Resources Group, Inc. (MDU)

MDU Resources Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,806	1,875	1,758	1,803	1,747	3,454
Revenue Growth (YoY)	-	6.66%	-2.52%	3.21%	-49.42%	-37.56%
Fuel and Purchased Power Expense	755.01	830.46	771.55	877.74	877.29	557.22
Operations and Maintenance Expenses	436.88	433.02	414.49	407.08	379.95	2,210
Gross Profit	614.32	611.58	571.94	518.53	490.06	687.28
Depreciation & Amortization Expenses	209.63	206.71	200.08	190.45	188.56	198.24
Taxes Other than Income Tax	111.47	114.5	106.22	103.13	100.63	157.99
Operating Income	293.22	290.38	265.64	224.94	200.87	331.05
Interest Expense	-113.61	-107.75	-108.35	-104.62	-80.68	-70.71
Other Non-Operating Income (Expense)	25.96	28.35	41.37	220.01	3.26	25.72
Total Non-Operating Income (Expense)	-87.66	-79.4	-66.98	115.39	-77.42	-44.99
Pretax Income	205.56	210.98	198.66	340.33	123.45	286.07
Provision for Income Taxes	15.68	19.57	17.59	10.21	6.2	43.54
Net Income	189.25	190.4	281.11	414.71	367.49	378.13
Earnings From Discontinued Operations	-0.64	-1.01	100.04	84.59	250.24	135.61
Net Income to Common	189.25	190.4	281.11	414.71	367.49	378.13
Net Income Growth	-27.82%	-32.27%	-32.21%	12.85%	-2.81%	-3.09%
Shares Outstanding (Basic)	205	204	204	204	203	202
Shares Outstanding (Diluted)	206	205	205	204	203	202
Shares Change (YoY)	0.46%	0.32%	0.35%	0.23%	0.53%	0.90%
EPS (Basic)	0.92	0.93	1.38	2.04	1.81	1.20
EPS (Diluted)	0.92	0.93	1.37	2.03	1.81	1.20
EPS Growth	-15.60%	-32.12%	-32.51%	12.16%	50.83%	-38.46%
Shares Outstanding	205.44	204.38	203.94	203.69	203.62	203.35
Free Cash Flow	-364.67	-297.03	-20.51	-151.51	67.48	10.58
Free Cash Flow Growth	-	-	-	-	537.83%	-94.97%
Free Cash Flow Per Share	-1.77	-1.45	-0.10	-0.74	0.33	0.05
Dividends Per Share	0.410	0.540	0.510	0.695	0.875	0.855
Dividend Growth	-24.07%	5.88%	-26.62%	-20.57%	2.34%	2.40%
Gross Margin	34.01%	32.62%	32.53%	28.75%	28.05%	19.90%
Operating Margin	16.23%	15.49%	15.11%	12.47%	11.50%	9.58%
Profit Margin	10.51%	10.21%	10.30%	18.31%	6.71%	7.02%
FCF Margin	-20.19%	-15.84%	-1.17%	-8.40%	3.86%	0.31%
EBITDA	502.85	497.09	465.72	415.39	389.43	529.29
EBITDA Margin	27.84%	26.51%	26.49%	23.03%	22.29%	15.32%
EBIT	293.22	290.38	265.64	224.94	200.87	331.05
EBIT Margin	16.23%	15.49%	15.11%	12.47%	11.50%	9.58%
Effective Tax Rate	7.63%	9.28%	8.85%	3.00%	5.02%	15.22%

Updated May 7, 2026. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q