MDU RESOURCES GROUP INC MDU

Basic materials SIC 1400 - Mining & Quarrying of Nonmetallic Minerals (No Fuels) NAICS Mining, Quarrying, and Oil and Gas Extraction › Mining (except Oil and Gas) › Nonmetallic Mineral Mining and Quarrying derived NYSE

Last close 19.22 2026-10-23
Market cap $4.04B 2026-06-30 share count
52-week range 18.24 - 22.98

Valuation FY2025 figures against the last close

P/S2.2x
P/E20.7x
P/FCF—
EV/EBITDA13.5x
Dividend yield2.7%
Diluted EPS0.93

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $1.86B$1.75B$1.81B$1.75B$3.40B$5.53B$5.34B$4.53B$4.44B$4.13B
SG&A $433.0M$414.5M$407.1M$380.0M$2.21B$4.03B$3.90B$3.26B$3.14B$2.89B
Total operating expenses $1.58B$1.49B$1.58B$1.55B$3.12B$4.99B$4.86B$4.13B$4.02B$3.72B
Operating income $290.4M$265.6M$224.9M$200.9M$331.1M$544.9M$481.2M$401.7M$424.0M$408.9M
Interest expense $107.7M$108.3M$104.6M$80.7M$70.7M$96.5M$98.6M$84.6M$82.8M$87.8M
Pre-tax income $211.0M$198.7M$340.3M$123.4M$286.1M$475.1M$398.4M$316.9M$350.0M$326.2M
Income tax $19.6M$17.6M$10.2M$6.2M$43.5M$84.6M$63.3M$47.5M$65.0M$93.1M
Net income $190.4M$281.1M$414.7M$367.5M$378.1M$390.2M$335.5M$272.3M$281.2M-$67.3M
EPS, basic 0.931.382.041.811.871.951.691.391.440.33
EPS, diluted 0.931.372.031.811.871.951.691.391.430.33
Shares, diluted (wtd. avg.) 205.3M204.7M203.9M203.5M202.4M200.6M198.6M196.2M195.7M195.6M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $28.2M$66.9M$77.0M$80.5M$54.2M$59.5M$66.5M$53.9M$34.6M$46.1M
Receivables $258.6M$274.3M$250.2M$1.06B$946.7M$874.0M$836.6M$722.9M$727.0M$630.2M
Inventory $39.1M$44.9M$44.7M$64.2M$335.6M$291.2M$278.4M$287.3M$226.6M$238.3M
Total current assets $572.4M$666.3M$1.36B$2.01B$1.55B$1.34B$1.30B$1.18B$1.07B$977.5M
Property, plant and equipment $5.96B$5.34B$5.00B$4.78B$4.51B$5.17B$4.92B$4.58B$4.08B$3.93B
Goodwill $345.7M$345.7M$345.7M$489.0M$765.4M$715.0M$681.4M$664.9M$631.8M$631.8M
Other intangibles ——$2.0M$4.1M$22.6M$25.5M$15.2M$10.8M$3.8M$5.9M
Total assets $7.62B$7.04B$7.83B$9.66B$8.91B$8.05B$7.68B$6.99B$6.33B$6.28B
Accounts payable $149.0M$150.1M$160.0M$525.6M$478.9M$426.3M$403.4M$358.5M$312.3M$280.0M
Short-term debt $144.7M$161.7M$61.3M$47.8M$148.1M$1.6M$16.5M$251.9M$148.5M$43.6M
Total current liabilities $685.2M$678.6M$1.08B$1.48B$1.09B$963.5M$866.4M$986.0M$812.9M$669.7M
Long-term debt $2.53B$2.13B$2.10B$2.32B$2.59B$2.21B$2.23B$1.86B$1.57B$1.75B
Retained earnings $1.11B$1.03B$1.25B$1.95B$1.76B$1.56B$1.34B$1.16B$1.04B$912.3M
Total equity $2.77B$2.69B$2.91B$3.59B$3.38B$3.08B$2.85B$2.57B$2.43B$2.32B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $473.4M$502.3M$332.6M$510.1M$495.8M$768.4M$542.3M$499.9M$448.0M$462.2M
Depreciation and amortisation $206.7M$200.1M$190.4M$188.6M$198.2M$285.1M$256.0M$220.2M$207.5M$216.3M
Stock-based compensation $6.6M$8.4M$5.5M$7.9M$12.9M$13.1M$7.4M———
Capital expenditure $770.4M$522.8M$484.1M$442.6M$485.2M$558.0M$576.1M$568.2M$341.4M$388.2M
Investing cash flow -$780.9M-$552.7M-$540.8M-$638.9M-$885.9M-$630.2M-$603.9M-$710.9M-$214.2M-$305.1M
Financing cash flow $268.8M$40.3M$204.6M$155.2M$384.7M-$145.0M$74.1M$230.4M-$245.3M-$194.9M
Dividends paid $108.2M$102.9M$161.3M$176.9M$171.4M$166.4M$160.3M$154.6M$150.7M$147.2M
Buybacks $0$0$4.8M$7.4M$6.7M$0$0$5.0M$1.7M$0

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000067716-26-000014.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2B 0 2B 4B 6B Revenue, FY2016: 4.1B Net income, FY2016: -67.3M Revenue, FY2017: 4.4B Net income, FY2017: 281.2M Revenue, FY2018: 4.5B Net income, FY2018: 272.3M Revenue, FY2019: 5.3B Net income, FY2019: 335.5M Revenue, FY2020: 5.5B Net income, FY2020: 390.2M Revenue, FY2021: 3.4B Net income, FY2021: 378.1M Revenue, FY2022: 1.8B Net income, FY2022: 367.5M Revenue, FY2023: 1.8B Net income, FY2023: 414.7M Revenue, FY2024: 1.8B Net income, FY2024: 281.1M Revenue, FY2025: 1.9B Net income, FY2025: 190.4M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $4.13B $4.44B $4.53B $5.34B $5.53B $3.40B $1.75B $1.81B $1.75B $1.86B
Gross profit — — — — — — — — — —
Net income -$67.3M $281.2M $272.3M $335.5M $390.2M $378.1M $367.5M $414.7M $281.1M $190.4M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Code of ethics change The code of ethics changed, or somebody was excused from part of it. Item 5.05
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 1400

TickerCompanyMarket capP/ERevenue growth
VMC Vulcan Materials CO $33.96B 32.3x 7.1%
MLM MARTIN MARIETTA MATERIALS INC $30.46B 27.0x 8.6%
HL HECLA MINING CO/DE/ $9.30B 28.3x 53.0%
USLM UNITED STATES LIME & MINERALS INC $3.20B 23.9x 17.3%
KNF Knife River Corp $3.02B 19.2x 8.5%
LEU CENTRUS ENERGY CORP $2.04B 26.3x 1.5%
UUUU ENERGY FUELS INC $1.88B — -15.6%
CMP COMPASS MINERALS INTERNATIONAL INC $892.9M — 11.3%