MDU Resources profit margin MDU
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 10.7%
- Operating margin, 12 months
- 17.0%
- Net margin on a year earlier
- −0.9 pts
- Peer median
- 13.2%
Over the twelve months to Jun 30, 2026, MDU Resources kept 10.7% of its revenue as net profit, with an operating margin of 17.0%.
Five years earlier its net margin was 7.4%.
The median for 7 gas utilities of a similar size is 13.2%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 10.2% | 15.5% |
| FY2024 | 16.0% | 15.1% |
| FY2023 | 8.9% | 9.1% |
| FY2022 | 6.9% | 6.9% |
| FY2021 | 6.7% | 9.4% |
| FY2020 | 7.1% | 9.8% |
| FY2019 | 6.3% | 9.0% |
| FY2018 | 6.0% | 8.9% |
| FY2017 | 6.3% | 9.5% |
| FY2016 | −1.6% | 9.9% |
| FY2015 | −15.9% | 8.0% |
| FY2014 | 7.2% | 7.8% |
| FY2013 | 6.3% | 11.0% |
| FY2012 | −0.0% | 0.5% |
| FY2011 | 5.3% | 10.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 10.7% | −0.9 pts | 17.0% | |
| Q1 FY26 | 10.5% | −3.7 pts | 16.2% | |
| Q4 FY25 | 10.2% | −5.8 pts | 15.5% | |
| Q3 FY25 | 9.0% | −7.8 pts | 14.8% | |
| Q2 FY25 | 11.6% | −1.6 pts | 14.7% | |
| Q1 FY25 | 14.2% | +1.7 pts | 15.3% | |
| Q4 FY24 | 16.0% | +7.1 pts | 15.1% | |
| Q3 FY24 | 16.8% | +10.1 pts | 13.2% | |
| Q2 FY24 | 13.3% | +5.2 pts | 11.8% | |
| Q1 FY24 | 12.5% | +5.5 pts | 10.6% | |
| Q4 FY23 | 8.9% | +2.0 pts | 9.1% | |
| Q3 FY23 | 6.7% | −0.2 pts | 8.6% |
Against its peers
Companies in Regulated Gas nearest MDU Resources' size, closest first, today.
| Company | Profit margin |
|---|---|
| MDUMDU Resources | 10.7% |
| OGSONE Gas | 12.5% |
| SRSpire | 21.6% |
| NJRNew Jersey Resources | 16.4% |
| NFGNational Fuel Gas | n/m |
| NWNNorthwest Natural | 9.7% |
| NINiSource | 13.2% |
| ATOAtmos Energy | n/m |
| Peer median | 13.2% |
Where MDU Resources ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on MDU Resources
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.