MDU RESOURCES GROUP INC (MDU) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:MDU • US5526901096

20.34 USD
+0.18 (+0.89%)
At close: Feb 6, 2026
20.34 USD
0 (0%)
After Hours: 2/6/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

3

Overall MDU gets a fundamental rating of 3 out of 10. We evaluated MDU against 14 industry peers in the Gas Utilities industry. Both the profitability and financial health of MDU have multiple concerns. MDU does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

3

1. Profitability

1.1 Basic Checks

  • MDU had positive earnings in the past year.
  • In the past year MDU had a positive cash flow from operations.
  • Of the past 5 years MDU 4 years were profitable.
  • Of the past 5 years MDU 4 years had a positive operating cash flow.
MDU Yearly Net Income VS EBIT VS OCF VS FCFMDU Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

1.2 Ratios

  • With a Return On Assets value of 2.36%, MDU is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
  • Looking at the Return On Equity, with a value of 6.22%, MDU is doing worse than 85.71% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 3.36%, MDU is doing worse than 92.86% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for MDU is below the industry average of 8.45%.
Industry RankSector Rank
ROA 2.36%
ROE 6.22%
ROIC 3.36%
ROA(3y)4.37%
ROA(5y)4.44%
ROE(3y)11.66%
ROE(5y)11.76%
ROIC(3y)3.8%
ROIC(5y)4.57%
MDU Yearly ROA, ROE, ROICMDU Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10

1.3 Margins

  • MDU has a Profit Margin of 9.02%. This is in the lower half of the industry: MDU underperforms 64.29% of its industry peers.
  • MDU's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 14.79%, MDU is doing worse than 71.43% of the companies in the same industry.
  • MDU's Operating Margin has improved in the last couple of years.
  • MDU has a Gross Margin (62.94%) which is in line with its industry peers.
  • In the last couple of years the Gross Margin of MDU has declined.
Industry RankSector Rank
OM 14.79%
PM (TTM) 9.02%
GM 62.94%
OM growth 3Y17.13%
OM growth 5Y10.88%
PM growth 3Y33.93%
PM growth 5Y20.53%
GM growth 3Y-10.74%
GM growth 5Y-6.65%
MDU Yearly Profit, Operating, Gross MarginsMDU Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60 80

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MDU is destroying value.
  • MDU has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
MDU Yearly Shares OutstandingMDU Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
MDU Yearly Total Debt VS Total AssetsMDU Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

  • MDU has an Altman-Z score of 1.12. This is a bad value and indicates that MDU is not financially healthy and even has some risk of bankruptcy.
  • MDU has a Altman-Z score (1.12) which is in line with its industry peers.
  • A Debt/Equity ratio of 0.80 indicates that MDU is somewhat dependend on debt financing.
  • MDU has a Debt to Equity ratio of 0.80. This is in the better half of the industry: MDU outperforms 78.57% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.8
Debt/FCF N/A
Altman-Z 1.12
ROIC/WACC0.48
WACC7.05%
MDU Yearly LT Debt VS Equity VS FCFMDU Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B

2.3 Liquidity

  • MDU has a Current Ratio of 0.75. This is a bad value and indicates that MDU is not financially healthy enough and could expect problems in meeting its short term obligations.
  • MDU's Current ratio of 0.75 is fine compared to the rest of the industry. MDU outperforms 71.43% of its industry peers.
  • MDU has a Quick Ratio of 0.75. This is a bad value and indicates that MDU is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With an excellent Quick ratio value of 0.69, MDU belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.75
Quick Ratio 0.69
MDU Yearly Current Assets VS Current LiabilitesMDU Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

2

3. Growth

3.1 Past

  • The earnings per share for MDU have decreased strongly by -34.97% in the last year.
  • The earnings per share for MDU have been decreasing by -13.76% on average. This is quite bad
EPS 1Y (TTM)-34.97%
EPS 3Y-19.91%
EPS 5Y-13.76%
EPS Q2Q%37.04%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.28%

3.2 Future

  • The Earnings Per Share is expected to grow by 6.98% on average over the next years.
  • Based on estimates for the next years, MDU will show a small growth in Revenue. The Revenue will grow by 5.46% on average per year.
EPS Next Y8.56%
EPS Next 2Y8.84%
EPS Next 3Y8.62%
EPS Next 5Y6.98%
Revenue Next Year3.45%
Revenue Next 2Y4.58%
Revenue Next 3Y4.67%
Revenue Next 5Y5.46%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
MDU Yearly Revenue VS EstimatesMDU Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2B 4B 6B
MDU Yearly EPS VS EstimatesMDU Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0.5 1 1.5 2

More info and screens

Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 21.87, which indicates a rather expensive current valuation of MDU.
  • 64.29% of the companies in the same industry are cheaper than MDU, based on the Price/Earnings ratio.
  • MDU is valuated rather cheaply when we compare the Price/Earnings ratio to 27.92, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 20.15 indicates a rather expensive valuation of MDU.
  • 85.71% of the companies in the same industry are cheaper than MDU, based on the Price/Forward Earnings ratio.
  • When comparing the Price/Forward Earnings ratio of MDU to the average of the S&P500 Index (27.78), we can say MDU is valued slightly cheaper.
Industry RankSector Rank
PE 21.87
Fwd PE 20.15
MDU Price Earnings VS Forward Price EarningsMDU Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 78.57% of the companies in the same industry are cheaper than MDU, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 13.76
MDU Per share dataMDU EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates MDU does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.56
PEG (5Y)N/A
EPS Next 2Y8.84%
EPS Next 3Y8.62%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 2.78%, MDU has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 3.69, MDU is paying slightly less dividend.
  • MDU's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
Industry RankSector Rank
Dividend Yield 2.78%

5.2 History

  • The dividend of MDU decreases each year by -8.99%.
  • MDU has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-8.99%
Div Incr Years0
Div Non Decr Years0
MDU Yearly Dividends per shareMDU Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0.2 0.4 0.6 0.8

5.3 Sustainability

  • MDU pays out 62.43% of its income as dividend. This is not a sustainable payout ratio.
DP62.43%
EPS Next 2Y8.84%
EPS Next 3Y8.62%
MDU Yearly Income VS Free CF VS DividendMDU Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M
MDU Dividend Payout.MDU Dividend Payout, showing the Payout Ratio.MDU Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

MDU RESOURCES GROUP INC

NYSE:MDU (2/6/2026, 8:04:00 PM)

After market: 20.34 0 (0%)

20.34

+0.18 (+0.89%)

Chartmill FA Rating
GICS SectorUtilities
GICS IndustryGroupUtilities
GICS IndustryGas Utilities
Earnings (Last)02-05
Earnings (Next)05-06
Inst Owners84.76%
Inst Owner Change-1.13%
Ins Owners0.41%
Ins Owner Change1.56%
Market Cap4.16B
Revenue(TTM)N/A
Net Income(TTM)169.26M
Analysts81.82
Price Target22.1 (8.65%)
Short Float %6.38%
Short Ratio5.77
Dividend
Industry RankSector Rank
Dividend Yield 2.78%
Yearly Dividend0.51
Dividend Growth(5Y)-8.99%
DP62.43%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-30.52%
Min EPS beat(2)-43.04%
Max EPS beat(2)-18%
EPS beat(4)1
Avg EPS beat(4)-18.22%
Min EPS beat(4)-43.04%
Max EPS beat(4)8.7%
EPS beat(8)5
Avg EPS beat(8)2.79%
EPS beat(12)9
Avg EPS beat(12)14.52%
EPS beat(16)9
Avg EPS beat(16)5.47%
Revenue beat(2)2
Avg Revenue beat(2)8.53%
Min Revenue beat(2)2.29%
Max Revenue beat(2)14.77%
Revenue beat(4)3
Avg Revenue beat(4)-3.39%
Min Revenue beat(4)-32.93%
Max Revenue beat(4)14.77%
Revenue beat(8)4
Avg Revenue beat(8)-3.76%
Revenue beat(12)6
Avg Revenue beat(12)-1.09%
Revenue beat(16)7
Avg Revenue beat(16)-3.29%
PT rev (1m)-0.64%
PT rev (3m)0.32%
EPS NQ rev (1m)3.44%
EPS NQ rev (3m)5.72%
EPS NY rev (1m)-0.63%
EPS NY rev (3m)-1.69%
Revenue NQ rev (1m)0.27%
Revenue NQ rev (3m)0.27%
Revenue NY rev (1m)1.3%
Revenue NY rev (3m)1.3%
Valuation
Industry RankSector Rank
PE 21.87
Fwd PE 20.15
P/S 2.22
P/FCF N/A
P/OCF 9.17
P/B 1.53
P/tB 1.75
EV/EBITDA 13.76
EPS(TTM)0.93
EY4.57%
EPS(NY)1.01
Fwd EY4.96%
FCF(TTM)-0.11
FCFYN/A
OCF(TTM)2.22
OCFY10.9%
SpS9.18
BVpS13.32
TBVpS11.63
PEG (NY)2.56
PEG (5Y)N/A
Graham Number16.7
Profitability
Industry RankSector Rank
ROA 2.36%
ROE 6.22%
ROCE 4.26%
ROIC 3.36%
ROICexc 3.4%
ROICexgc 3.6%
OM 14.79%
PM (TTM) 9.02%
GM 62.94%
FCFM N/A
ROA(3y)4.37%
ROA(5y)4.44%
ROE(3y)11.66%
ROE(5y)11.76%
ROIC(3y)3.8%
ROIC(5y)4.57%
ROICexc(3y)3.84%
ROICexc(5y)4.61%
ROICexgc(3y)4.07%
ROICexgc(5y)5.01%
ROCE(3y)4.84%
ROCE(5y)5.81%
ROICexgc growth 3Y-16.45%
ROICexgc growth 5Y-10.89%
ROICexc growth 3Y-15.03%
ROICexc growth 5Y-9.95%
OM growth 3Y17.13%
OM growth 5Y10.88%
PM growth 3Y33.93%
PM growth 5Y20.53%
GM growth 3Y-10.74%
GM growth 5Y-6.65%
F-Score3
Asset Turnover0.26
Health
Industry RankSector Rank
Debt/Equity 0.8
Debt/FCF N/A
Debt/EBITDA 4.71
Cap/Depr 253.75%
Cap/Sales 25.35%
Interest Coverage 2.72
Cash Conversion 97.49%
Profit Quality N/A
Current Ratio 0.75
Quick Ratio 0.69
Altman-Z 1.12
F-Score3
WACC7.05%
ROIC/WACC0.48
Cap/Depr(3y)234.98%
Cap/Depr(5y)224.21%
Cap/Sales(3y)22.66%
Cap/Sales(5y)17.93%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-34.97%
EPS 3Y-19.91%
EPS 5Y-13.76%
EPS Q2Q%37.04%
EPS Next Y8.56%
EPS Next 2Y8.84%
EPS Next 3Y8.62%
EPS Next 5Y6.98%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.28%
Revenue Next Year3.45%
Revenue Next 2Y4.58%
Revenue Next 3Y4.67%
Revenue Next 5Y5.46%
EBIT growth 1Y-39.31%
EBIT growth 3Y-20.77%
EBIT growth 5Y-11.2%
EBIT Next Year30.81%
EBIT Next 3Y13.78%
EBIT Next 5Y12.12%
FCF growth 1Y86.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y13.3%
OCF growth 3Y0.44%
OCF growth 5Y-1.52%

MDU RESOURCES GROUP INC / MDU FAQ

What is the ChartMill fundamental rating of MDU RESOURCES GROUP INC (MDU) stock?

ChartMill assigns a fundamental rating of 3 / 10 to MDU.


Can you provide the valuation status for MDU RESOURCES GROUP INC?

ChartMill assigns a valuation rating of 1 / 10 to MDU RESOURCES GROUP INC (MDU). This can be considered as Overvalued.


How profitable is MDU RESOURCES GROUP INC (MDU) stock?

MDU RESOURCES GROUP INC (MDU) has a profitability rating of 3 / 10.


Can you provide the PE and PB ratios for MDU stock?

The Price/Earnings (PE) ratio for MDU RESOURCES GROUP INC (MDU) is 21.87 and the Price/Book (PB) ratio is 1.53.


How sustainable is the dividend of MDU RESOURCES GROUP INC (MDU) stock?

The dividend rating of MDU RESOURCES GROUP INC (MDU) is 3 / 10 and the dividend payout ratio is 62.43%.