MDUNYSENatural Gas DistributionFiscal year ends December 31
MDU RESOURCES GROUP INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$18.90−0.10 (-0.53%)
Close on Oct 19, 2026
- Market cap
- $4.00B
- P/E (TTM)
- 19.9
- Dividend yield
- 2.86%
MDU RESOURCES GROUP INC revenue by segment
By business segment
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Natural gas distribution | $212.65M | $462.35M | $392.87M | $144.22M | $206.79M | $539.25M | $406.46M | $133.59M | $201.45M | $459.48M | $367.75M | $134.90M | 56.7% | +2.8% |
| Electric | $115.92M | $121.02M | $109.97M | $117.66M | $97.89M | $112.26M | $99.02M | $108.47M | $99.17M | $107.74M | $106.26M | $108.09M | 30.9% | +18.4% |
| Pipeline | $46.74M | $22.61M | – | – | $46.51M | $23.32M | – | – | – | – | – | $40.40M | 12.5% | +0.5% |
| Other | $0 | $0 | $0 | $0 | -$1.00K | $1.00K | – | $1.00K | $2.00K | $16.00K | $0 | $0 | 0.0% | -100.0% |
| Construction services | – | – | – | – | – | – | – | $760.99M | $703.12M | $625.60M | $635.57M | $717.41M | – | – |
| Pipeline | – | $22.61M | $31.17M | $53.16M | $46.51M | $23.32M | $30.08M | $47.64M | $43.85M | $21.03M | $25.99M | $40.40M | – | – |
| Operating income | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Natural gas distribution | – | – | – | – | – | – | – | -$14.70M | $1.20M | $58.24M | $46.51M | -$15.26M | – |
| Electric | – | – | – | – | – | – | – | $32.08M | $18.63M | $22.79M | $21.42M | $28.72M | – |
| Pipeline | – | – | – | – | – | – | – | – | – | – | – | $17.77M | – |
| Other | – | – | – | – | – | – | – | -$2.47M | -$4.67M | -$6.61M | -$2.49M | $3.29M | – |
| Construction services | – | – | – | – | – | – | – | $53.71M | $51.31M | $38.88M | $50.92M | $50.09M | – |
| Pipeline | – | – | – | – | – | – | – | $22.18M | $23.27M | $22.65M | $24.47M | $17.77M | – |
By product or service
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Natural gas transportation | $64.01M | $66.58M | $66.09M | $63.53M | $61.93M | $66.96M | $63.10M | $57.22M | $56.73M | $58.23M | $54.82M | $48.39M | 17.1% | +3.3% |
| Other | $34.23M | $45.52M | $43.72M | $31.72M | $33.91M | $42.61M | $39.64M | $29.48M | $23.09M | $21.12M | $17.41M | $24.10M | 9.1% | +1.0% |
| Natural gas storage | $5.53M | $5.47M | $6.39M | $5.68M | $5.17M | $6.03M | $6.92M | $6.05M | $5.33M | $5.38M | $5.83M | $4.81M | 1.5% | +6.9% |
| Transmission & distribution specialty contracting | – | – | – | – | – | – | – | $216.06M | $190.88M | $176.86M | $171.78M | $192.06M | – | – |
| Electrical & mechanical specialty contracting | – | – | – | – | – | – | – | $534.61M | $502.02M | $439.38M | $452.59M | $514.38M | – | – |
| Revenues from contracts with customers | – | – | – | – | – | – | – | – | – | – | – | $991.28M | – | – |
| Revenues out of scope | – | – | – | – | – | – | – | – | – | – | – | $9.52M | – | – |
By region
From the segment and revenue-disaggregation notes of Mdu Resources's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.