Stocks Industrials MDU
NYSE · IndustrialsMdu Resources Group Inc (MDU)
Mdu Resources Group Inc brought in $1.9B of revenue over the twelve months to September 30, 2026, down 1.0% from a year earlier. Net income was $192.5M, a net margin of 10.3%. In fiscal 2025 capital spending exceeded operating cash flow by $297M. At September 30, 2026 it held $27.6M in cash against $2.6B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 6, 2026.
Key facts about Mdu Resources Group Inc
- Net worth
- Mdu Resources Group Inc has a market value (market cap) of $4.1B at the latest share price, and shareholders' equity of $3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $1.9B (+6.7% year on year), with net income of $190.4M. Over the 12 months to September 30, 2026: revenue $1.9B, net income $192.5M.
- Cash flow
- In fiscal 2025 operations brought in $473.4M of cash; after $770.4M of capital spending, free cash flow was -$297M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 6, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Mdu Resources Group Inc's next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Mdu Resources Group Inc declared dividends of $0.54 per share in fiscal 2025, a yield of 2.77% at the current price.
What Mdu Resources Group Inc does
Mdu Resources Group Inc is registered with the SEC under industry code SIC 4924 (Natural Gas Distribution). Its shares trade on NYSE under the ticker MDU.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1.9B | $190.4M | $0.93 | -$297M |
| 2024 | $1.8B | $281.1M | $1.37 | -$20.5M |
| 2023 | $1.8B | $414.7M | $2.03 | -$151.5M |
| 2022 | $1.8B | $367.5M | $1.81 | $67.5M |
| 2021 | $3.5B | $378.1M | $1.87 | $10.6M |
| 2020 | $5.5B | $390.2M | $1.95 | $210.4M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where MDU ranks in Industrials
Dividends
Mdu Resources Group Inc declared $0.54 per share in fiscal 2025. At the current price that is a yield of 2.77%. It paid out $108.2M in cash dividends, 57% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.54 | $108.2M | 57% |
| 2024 | $0.51 | $102.9M | 37% |
| 2023 | $0.70 | $161.3M | 39% |
| 2022 | $0.88 | $176.9M | 48% |
| 2021 | $0.86 | $171.4M | 45% |
| 2020 | $0.84 | $166.4M | 43% |
Latest SEC filings
What Mdu Resources Group Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 6, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 11% to $348.5M versus the same quarter last year; diluted EPS $0.07 versus $0.09.
- November 5, 2026
- October 8, 2026Passive stake (5% or more) SCHEDULE 13G
- August 12, 2026Passive stake (5% or more) SCHEDULE 13G
- August 6, 2026
- August 6, 2026
- August 6, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 6.9% to $375.3M versus the same quarter last year; diluted EPS $0.10 versus $0.07.
- August 6, 2026
- July 14, 2026Passive stake changed SCHEDULE 13G/A
- June 18, 2026
Insider trades
What the people running Mdu Resources Group Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 2 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 30, 2026 | Dosch Vernon A.Director | Received as pay | 1,462 | - |
| September 30, 2026 | Durkin Marian MDirector | Received as pay | 172 | - |
| June 30, 2026 | Dosch Vernon A.Director | Received as pay | 1,293 | - |
| June 30, 2026 | Durkin Marian MDirector | Received as pay | 152 | - |
| March 31, 2026 | Dosch Vernon A.Director | Received as pay | 1,334 | - |
| March 31, 2026 | Durkin Marian MDirector | Received as pay | 157 | - |
| February 18, 2026 | Johnson Rob L.President-WBI | Shares withheld for tax | 10,630 | $216.4K |
| February 18, 2026 | Jones Anne MChiefHRSafety&AdminOfficer | Shares withheld for tax | 12,010 | $244.5K |
Who owns MDU
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Barrow Hanley Mewhinney & Strauss LLC13G, passive | 6.3% | August 12, 2026 |
| Vanguard Portfolio Management13G, passive | 6.14% | April 29, 2026 |
| Vanguard Capital Management13G, passive | 5.26% | April 30, 2026 |
| Dimensional Fund Advisors LP13G, passive | 5% | July 14, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 437 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 27,351,603 | +1,639,555 |
| Barrow Hanley Mewhinney & Strauss LLC | 13,056,724 | -703,443 |
| Vanguard Portfolio Management LLC | 12,692,333 | +165,359 |
| Dimensional Fund Advisors LP | 10,435,060 | +149,313 |
| Earnest Partners LLC | 9,726,856 | -155,024 |
| Vanguard Capital Management LLC | 9,416,562 | +268,676 |
| State Street Corp | 7,376,161 | +385,887 |
| Bank of America Corp | 6,089,546 | -112,914 |
| Sei Investments Co | 5,228,758 | -32,668 |
| Morgan Stanley | 4,086,803 | -134,722 |
| Geode Capital Management, LLC | 3,553,438 | +61,998 |
| River Road Asset Management, LLC | 3,403,955 | -673,296 |
| Westwood Holdings Group Inc | 3,221,909 | -320,137 |
| HITE Hedge Asset Management LLC | 3,137,305 | +1,587,305 |
| Norges Bank | 2,633,250 | new |
| Bank of New York Mellon Corp | 2,330,719 | -33,116 |
| Charles Schwab Investment Management Inc | 2,236,356 | -28,206 |
| Invesco Ltd. | 2,047,618 | +166,616 |
| Frontier Capital Management Co LLC | 1,987,666 | -518,883 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 1,954,573 | +152,895 |
Insiders
16 insiders reported holding 1,557,290 shares in total, about $30.3M at the last price.
| Holder | Shares |
|---|---|
| Kivisto Nicole APresident & CEO, Director | 547,961 |
| Vollmer Jason LCFO | 324,976 |
| Johnson Dennis WDirector | 187,945 |
| Jones Anne MChiefHRSafety&AdminOfficer | 118,017 |
| Senger GarretChief Utilities Officer | 100,048 |
| Sievert Stephanie AChiefAccntg&RegAffairsOfficer | 90,503 |
| Johnson Rob L.President-WBI | 82,665 |
| Dosch Vernon A.Director | 20,377 |
| Anderson Darrel TDirector | 17,594 |
| Foti Anthony DonaldCLO & Corporate Secretary | 16,634 |
Questions about MDU
What does Mdu Resources Group Inc do?
Mdu Resources Group Inc is a company in the Industrials sector, listed on NYSE as MDU. Its shares trade on NYSE under the ticker MDU.
What is Mdu Resources Group Inc's net worth?
Mdu Resources Group Inc has a market value (market cap) of $4.1B at the latest share price, and shareholders' equity of $3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Mdu Resources Group Inc profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $192.5M on revenue of $1.9B, a net margin of 10.3%.
How much revenue does Mdu Resources Group Inc make?
Over the twelve months to September 30, 2026 Mdu Resources Group Inc reported revenue of $1.9B. That is 1.0% less than a year earlier.
When did Mdu Resources Group Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 6, 2026. It covers the period to September 30, 2026.
When is Mdu Resources Group Inc's next earnings report?
Mdu Resources Group Inc's next report is expected around February 4, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Mdu Resources Group Inc pay a dividend?
Yes. Mdu Resources Group Inc declared dividends of $0.54 per share in fiscal 2025, a yield of 2.77% at the current price.
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Where the numbers come from
Financial figures are the values Mdu Resources Group Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.