MDU Resources Group Net Income

MDU Stock  USD 20.32  0.20  0.99%   
As of the 11th of February 2026, MDU Resources secures the Risk Adjusted Performance of 0.043, mean deviation of 1.01, and Market Risk Adjusted Performance of 0.1036. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of MDU Resources Group, as well as the relationship between them.

MDU Resources Total Revenue

2.67 Billion

Analyzing historical trends in various income statement and balance sheet accounts from MDU Resources' financial statements helps investors evaluate the company's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting MDU Resources' valuation are summarized below:
Gross Profit
611.6 M
Profit Margin
0.1015
Market Capitalization
4.4 B
Enterprise Value Revenue
3.5328
Revenue
1.9 B
There are currently one hundred twenty fundamental ratios for MDU Resources that can be evaluated and compared over time across peers in the industry. All traders should check MDU Resources' last-minute fundamentals against the performance from 2010 to 2026 and make sure the trends continue to evolve in the right direction. Market Cap is likely to gain to about 1.9 B in 2026, whereas Enterprise Value is likely to drop slightly above 849.7 M in 2026. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income208.2 M223 M
Net Income Applicable To Common Shares190.4 M222.7 M
Net Income From Continuing Ops208.2 M300.9 M
Net Income Per Share 0.93  0.68 
Net Income Per E B T 0.90  0.53 
At this time, MDU Resources' Net Income is comparatively stable compared to the past year. Net Income Applicable To Common Shares is likely to gain to about 222.7 M in 2026, whereas Net Income Per Share is likely to drop 0.68 in 2026.
  
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The evolution of Net Income for MDU Resources Group provides essential context for understanding the company's financial health trajectory. By analyzing this metric's behavior over time, investors can assess whether recent trends align with long-term patterns, and how MDU Resources compares to historical norms and industry peers.

Latest MDU Resources' Net Income Growth Pattern

Below is the plot of the Net Income of MDU Resources Group over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in MDU Resources Group financial statement analysis. It represents the amount of money remaining after all of MDU Resources Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is MDU Resources' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in MDU Resources' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 181.07 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

MDU Net Income Regression Statistics

Arithmetic Mean196,730,129
Geometric Mean172,091,157
Coefficient Of Variation124.28
Mean Deviation158,419,010
Median278,900,000
Standard Deviation244,501,148
Sample Variance59780.8T
Range1B
R-Value0.36
Mean Square Error55403.2T
R-Squared0.13
Significance0.15
Slope17,534,678
Total Sum of Squares956493T

MDU Net Income History

2026160.9 M
2025190.4 M
2024281.1 M
2023414.7 M
2022367.5 M
2021378.1 M
2020390.2 M

Other Fundumenentals of MDU Resources Group

MDU Resources Net Income component correlations

MDU Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for MDU Resources is extremely important. It helps to project a fair market value of MDU Stock properly, considering its historical fundamentals such as Net Income. Since MDU Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of MDU Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of MDU Resources' interrelated accounts and indicators.
Is there potential for Gas Utilities market expansion? Will MDU introduce new products? Factors like these will boost the valuation of MDU Resources. Expected growth trajectory for MDU significantly influences the price investors are willing to assign. Understanding fair value requires weighing current performance against future potential. All the valuation information about MDU Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.433
Dividend Share
0.54
Earnings Share
0.94
Revenue Per Share
9.178
Quarterly Revenue Growth
(0)
Understanding MDU Resources Group requires distinguishing between market price and book value, where the latter reflects MDU's accounting equity. The concept of intrinsic value - what MDU Resources' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push MDU Resources' price substantially above or below its fundamental value.
Understanding that MDU Resources' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether MDU Resources represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. In contrast, MDU Resources' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

MDU Resources 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to MDU Resources' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of MDU Resources.
0.00
11/13/2025
No Change 0.00  0.0 
In 2 months and 31 days
02/11/2026
0.00
If you would invest  0.00  in MDU Resources on November 13, 2025 and sell it all today you would earn a total of 0.00 from holding MDU Resources Group or generate 0.0% return on investment in MDU Resources over 90 days. MDU Resources is related to or competes with Georgia Power, Entergy New, Entergy Mississippi, Pure Cycle, NextNRG, Global Water, and New Fortress. MDU Resources Group, Inc. engages in the regulated energy delivery, and construction materials and services businesses i... More

MDU Resources Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure MDU Resources' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess MDU Resources Group upside and downside potential and time the market with a certain degree of confidence.

MDU Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for MDU Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MDU Resources' standard deviation. In reality, there are many statistical measures that can use MDU Resources historical prices to predict the future MDU Resources' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of MDU Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
19.0320.3221.61
Details
Intrinsic
Valuation
LowRealHigh
19.7421.0322.32
Details
5 Analysts
Consensus
LowTargetHigh
19.8721.8324.23
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.360.400.42
Details

MDU Resources February 11, 2026 Technical Indicators

MDU Resources Group Backtested Returns

MDU Resources Group has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of standard deviation over the last 3 months. MDU Resources exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MDU Resources' Market Risk Adjusted Performance of 0.1036, risk adjusted performance of 0.043, and Mean Deviation of 1.01 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.63, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, MDU Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding MDU Resources is expected to be smaller as well. At this point, MDU Resources Group has a negative expected return of -0.004%. Please make sure to verify MDU Resources' downside variance, as well as the relationship between the accumulation distribution and price action indicator , to decide if MDU Resources Group performance from the past will be repeated at future time.

Auto-correlation

    
  -0.59  

Good reverse predictability

MDU Resources Group has good reverse predictability. Overlapping area represents the amount of predictability between MDU Resources time series from 13th of November 2025 to 28th of December 2025 and 28th of December 2025 to 11th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of MDU Resources Group price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current MDU Resources price fluctuation can be explain by its past prices.
Correlation Coefficient-0.59
Spearman Rank Test-0.3
Residual Average0.0
Price Variance0.14
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

MDU Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(20.28 Million)

At this time, MDU Resources' Accumulated Other Comprehensive Income is comparatively stable compared to the past year.
Based on the recorded statements, MDU Resources Group reported net income of 181.07 M. This is 30.21% lower than that of the Gas Utilities sector and significantly higher than that of the Utilities industry. The net income for all United States stocks is 68.29% higher than that of the company.

MDU Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MDU Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of MDU Resources could also be used in its relative valuation, which is a method of valuing MDU Resources by comparing valuation metrics of similar companies.
MDU Resources is currently under evaluation in net income category among its peers.

MDU Resources ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, MDU Resources' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to MDU Resources' managers, analysts, and investors.
Environmental
Governance
Social

MDU Resources Institutional Holders

Institutional Holdings refers to the ownership stake in MDU Resources that is held by large financial organizations, pension funds or endowments. Institutions may hold large blocks of MDU Resources' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing MDU Resources' value.
Shares
American Century Companies Inc2025-06-30
2.6 M
Charles Schwab Investment Management Inc2025-06-30
2.5 M
Norges Bank2025-06-30
2.4 M
Amvescap Plc.2025-06-30
2.3 M
Allspring Global Investments Holdings, Llc2025-06-30
2.2 M
Adage Capital Partners Gp Llc2025-06-30
2.2 M
Bank Of New York Mellon Corp2025-06-30
1.9 M
Hennessy Advisors, Inc.2025-06-30
1.8 M
U.s. Bancorp2025-06-30
1.7 M
Blackrock Inc2025-06-30
25 M
Vanguard Group Inc2025-06-30
23.3 M

MDU Fundamentals

About MDU Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MDU Resources Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MDU Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MDU Resources Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for MDU Stock Analysis

When running MDU Resources' price analysis, check to measure MDU Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MDU Resources is operating at the current time. Most of MDU Resources' value examination focuses on studying past and present price action to predict the probability of MDU Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MDU Resources' price. Additionally, you may evaluate how the addition of MDU Resources to your portfolios can decrease your overall portfolio volatility.