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 | TTM Q2 26 | TTM Q1 26 | TTM Q4 25 | TTM Q3 25 | TTM Q2 25 | TTM Q1 25 | TTM Q4 24 | TTM Q3 24 | TTM Q2 24 | TTM Q1 24 | TTM Q4 23 | TTM Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Natural gas distribution | $1.21B | $1.21B | $1.28B | $1.30B | $1.29B | $1.28B | $1.20B | $1.16B | $1.16B | $1.18B | $1.29B | $1.40B | 66.2% | -5.8% |
| Electric | $464.57M | $446.54M | $437.78M | $426.83M | $417.64M | $418.92M | $414.41M | $421.65M | $421.27M | $413.08M | $401.04M | $393.27M | 25.4% | +11.2% |
| Other | $0 | -$1.00K | $0 | – | – | – | – | $19.00K | $18.00K | $16.00K | $0 | $0 | 0.0% | – |
| Construction services | – | – | – | – | – | – | – | $2.73B | $2.68B | $2.73B | $2.85B | $2.94B | – | – |
| Pipeline | – | $153.45M | $154.16M | $153.07M | $147.54M | $144.89M | $142.60M | $138.51M | $131.28M | $121.64M | $115.08M | – | – | – |
| Operating income | TTM Q2 26 | TTM Q1 26 | TTM Q4 25 | TTM Q3 25 | TTM Q2 25 | TTM Q1 25 | TTM Q4 24 | TTM Q3 24 | TTM Q2 24 | TTM Q1 24 | TTM Q4 23 | TTM Q3 23 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Natural gas distribution | – | – | – | – | – | – | – | $91.25M | $90.69M | $91.92M | $92.18M | $98.64M | – |
| Electric | – | – | – | – | – | – | – | $94.92M | $91.55M | $94.48M | $92.79M | $97.26M | – |
| Other | – | – | – | – | – | – | – | -$16.25M | -$10.49M | -$15.98M | -$18.70M | -$26.13M | – |
| Construction services | – | – | – | – | – | – | – | $194.82M | $191.21M | $194.21M | $190.54M | $193.67M | – |
| Pipeline | – | – | – | – | – | – | – | $92.57M | $88.16M | $78.77M | $69.16M | – | – |
By product or service
| Revenue | TTM Q2 26 | TTM Q1 26 | TTM Q4 25 | TTM Q3 25 | TTM Q2 25 | TTM Q1 25 | TTM Q4 24 | TTM Q3 24 | TTM Q2 24 | TTM Q1 24 | TTM Q4 23 | TTM Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Natural gas transportation | $260.21M | $258.14M | $258.52M | $255.52M | $249.21M | $244.00M | $235.27M | $226.99M | $218.17M | $207.50M | $197.76M | $189.68M | 14.2% | +4.4% |
| Other | $155.20M | $154.87M | $151.96M | $147.87M | $145.63M | $134.81M | $113.33M | $91.10M | $85.72M | $84.70M | $83.64M | $80.48M | 8.5% | +6.6% |
| Natural gas storage | $23.07M | $22.71M | $23.27M | $23.81M | $24.18M | $24.34M | $23.69M | $22.59M | $21.35M | $19.78M | $18.25M | $16.80M | 1.3% | -4.6% |
| Transmission & distribution specialty contracting | – | – | – | – | – | – | – | $755.58M | $731.58M | $708.18M | $683.34M | $678.08M | – | – |
| Electrical & mechanical specialty contracting | – | – | – | – | – | – | – | $1.93B | $1.91B | $1.97B | $2.13B | $2.22B | – | – |
| Revenues from contracts with customers | – | – | – | – | – | – | – | – | – | – | – | $7.64B | – | – |
| Revenues out of scope | – | – | – | – | – | – | – | – | – | – | – | $40.05M | – | – |
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.