# MDU Resources Group share price today (MDU Resources Group, Inc., MDU)

> MDU Resources Group, Inc.'s share price has risen faster than its earnings: +2.5% in a year, against −32.4% for earnings per share. MDU · Utilities · Utilities - Regulated Gas · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/mdu

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## Key numbers

- Business trend: Turning around, from fewer quarters than usual
- Price: $19.65 (+2.5% in a year)
- P/E: 20.7× (higher than 66% of the last 2.8 years)
- Revenue (Jun 2026): $375 M (+6.9% on a year ago)
- Profit (Jun 2026): $21.2 M (+54.1% on a year ago)
- Operating margin: 12.5% (+4.0 points on a year ago)
- ROE: 7%, FY25
- ROIC: 5.2%, against a 5.5% cost of capital: −0.3 points

The main question: the share price moved +2.5% in a year while yearly earnings per share moved −32.4%. The difference came from the market paying a higher multiple. ## What is the MDU Resources Group share price today? MDU Resources Group, Inc.'s share price was $19.65 at the close on 3 November 2026. It has been moving sideways for 15 weeks. That is 4.5% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 24 weeks running. In the last 52 weeks it traded between $19 and $23, and at that close it sat 27% of the way up from that low. Over the last 10 years the share price moved −18% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 22 May 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does MDU Resources Group pay? MDU Resources Group, Inc. paid $0.56 per share over the last four reported quarters. The most recent declaration was $0.14 for Jun 2026. At today's price of $19.65 that is a yield of 2.85%, based on dividends already paid, not a forecast. ## Which stock lists is MDU Resources Group on? MDU Resources Group is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is MDU Resources Group profitable? MDU Resources Group, Inc. earned $21.2 M of net profit in the Jun 2026 quarter, +54.1% on the same quarter a year earlier. Full-year FY25 profit was $190 M. Over 4 years profit has grown −15.8% a year on average. That is 5.7% of the quarter's revenue. The same quarter a year earlier earned $13.8 M. For the full year, FY25 profit was $190 M (−32.3% on the year before). Why profit moved: revenue changed +6.9% on a year earlier and the margin moved +4.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +4.8% and revenue +1.3%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit. ## How much revenue does MDU Resources Group make, and is it growing? MDU Resources Group, Inc. reported $375 M of revenue in the Jun 2026 quarter, +6.9% on the same quarter a year earlier. Over 4 years it has grown −14.2% a year on average. The last full year, FY25, came in at $1.9 B. The last four reported quarters add to $1.8 B. The quarterly figures for FY22 do not add up to the full-year total on file, so those quarters are left out of the charts and sums. FY25 revenue was $1.9 B, +6.7% on the year before. Recent pace: the last four quarters grew +1.3% on average, against −14.2% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −1.1%, against +191.9% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −8.7%, against −30.5% a year (accelerating). ## How much of every $100 of sales does MDU Resources Group keep? MDU Resources Group, Inc.'s operating margin was 12.5% in the Jun 2026 quarter, 4.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 9.8% and 15.6%. The latest quarter is within that range. Across 5 years it has been between 9.8% and 15.6%, and FY25's 15.6% is the highest of them. Why the margin moved: operating margin changed +4.0 percentage points on the year while gross margin changed +3.8 points. So the gain came mostly from the gross margin, which means input costs and prices charged. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is MDU Resources Group's profit turning into cash? Over the last 3 years, 148% of MDU Resources Group, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $473 M of operating cash against $190 M of profit. After $770 M of spending on assets, free cash was −$297 M: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does MDU Resources Group's cash go? MDU Resources Group, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $1.8 B on assets over the last 3 years. Averaged over those years that is 31.6% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $1.8 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is MDU Resources Group's P/E ratio, and how does it compare with its own history? MDU Resources Group, Inc.'s P/E is 20.7×, in the middle of its own history: higher than 66% of past readings. Its usual P/E (the middle reading) is 14.0×, over 2.8 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −32.4% while the price moved +2.5%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +1.0% a year; about −22.4% a year came from earnings growth and about +23.4 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the MDU Resources Group business getting better or worse? MDU Resources Group, Inc.'s business is turning around. Profit growth has swung from −71.7% at its low to +54.1%, improving for 3 quarters in a row (from single-quarter figures), with ROCE steady at 4.6%. This is based on 11 quarters of 3 measures, with some gaps. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does MDU Resources Group earn on its capital? MDU Resources Group, Inc. earned a ROE of 7% in FY25. Its return on capital used (ROIC) is 0.3 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 10.2% net margin and 0.25× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 10.2% net margin × 0.25× asset turnover × 2.75× leverage (assets divided by equity) ≈ 7.0% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 5.2% − 5.5% = −0.3 percentage points. The 5.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does MDU Resources Group have too much debt? MDU Resources Group, Inc. has total debt of $2.6 B against shareholder equity of $2.9 B as of Jun 2026, so its debt is 0.88× its equity. Year by year, that ratio went from 0.85 in FY21 to 0.98 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the MDU Resources Group shareholding pattern? 8.7% of MDU Resources Group, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 9.5 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is MDU Resources Group from balance-sheet trouble? For MDU Resources Group, Inc., the Z-score is 1.08. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 1.08 is inside the danger zone, so the balance sheet is a real risk. ## How does MDU Resources Group rank in its industry? 38.1 out of 100, rank 14 of 16 in Utilities - Regulated Gas, with 85% of the evidence available. MDU Resources Group, Inc. scores 38.1 out of 100 against the 16 companies it is compared with in Utilities - Regulated Gas, ranking 14. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 14.5 + 9.4 + 10.3 + 3.9 = 38.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is MDU Resources Group compared with? MDU Resources Group ranks 14 of 16 Utilities - Regulated Gas companies on the 4-Factor Sector Score, with 38.1 out of 100. 1. [Chesapeake Utilities Corporation](https://www.sectoralpha.in/us/stocks/cpk) CPK · turning · Evidence leans up · 79% evidence 62.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.5/35 · Revenue 14.7% · Profit 14.6% · Operating margin change n/a · 76% evidence Capital efficiency 15.3/25 · ROCE 7.6% · Operating margin 20.3% · 76% evidence Valuation 8.6/20 · P/E 19.6× · PEG 1.64 · 65% evidence Relative strength 17.1/20 · Lead over its industry 8% · Lead over S&P 500 1.4% · 1 year 1.7% · 100% evidence · 3 of 12 weeks ahead Exact sum: 21.5 + 15.3 + 8.6 + 17.1 = 62.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [UGI Corporation](https://www.sectoralpha.in/us/stocks/ugi) UGI · breaking out · Evidence leans up · 70% evidence 59.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.1/35 · Revenue -0.5% · Profit 60.5% · Operating margin change n/a · 52% evidence Capital efficiency 13.8/25 · ROCE 8.3% · Operating margin 25.5% · 76% evidence Valuation 15.2/20 · P/E 12.2× · PEG 0.71 · 65% evidence Relative strength 16.4/20 · Lead over its industry 4.9% · Lead over S&P 500 -1.5% · 1 year 12.4% · 100% evidence · 5 of 12 weeks ahead Exact sum: 14.1 + 13.8 + 15.2 + 16.4 = 59.5 · What this means: Relative strength against the index is -1.5%, and revenue and profit growth are weak. 3. [Atmos Energy Corporation](https://www.sectoralpha.in/us/stocks/ato) ATO · turning · Evidence leans up · 79% evidence 58.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.0/35 · Revenue 6.4% · Profit 21.3% · Operating margin change n/a · 76% evidence Capital efficiency 14.4/25 · ROCE 6.2% · Operating margin 22% · 76% evidence Valuation 10.1/20 · P/E 20.5× · PEG 1.31 · 65% evidence Relative strength 9.6/20 · Lead over its industry 1.6% · Lead over S&P 500 -5% · 1 year -1.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 24 + 14.4 + 10.1 + 9.6 = 58.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Spire Inc.](https://www.sectoralpha.in/us/stocks/sr) SR · turning · Evidence leans up · 79% evidence 57.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.9/35 · Revenue 10.3% · Profit 96.7% · Operating margin change n/a · 76% evidence Capital efficiency 6.1/25 · ROCE 4.2% · Operating margin 10.1% · 76% evidence Valuation 15.9/20 · P/E 8.7× · PEG 0.4 · 65% evidence Relative strength 16.8/20 · Lead over its industry 5.5% · Lead over S&P 500 -1.3% · 1 year -1.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 18.9 + 6.1 + 15.9 + 16.8 = 57.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Black Hills Corporation](https://www.sectoralpha.in/us/stocks/bkh) BKH · turning · Evidence leans up · 79% evidence 53.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.5/35 · Revenue 2.5% · Profit 5.5% · Operating margin change n/a · 76% evidence Capital efficiency 12.9/25 · ROCE 5.7% · Operating margin 18.1% · 76% evidence Valuation 6.4/20 · P/E 18.9× · PEG 2.44 · 65% evidence Relative strength 19.5/20 · Lead over its industry 14% · Lead over S&P 500 7% · 1 year 17.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 14.5 + 12.9 + 6.4 + 19.5 = 53.3 · What this means: Relative strength against the index is 7%, and revenue and profit growth are weak. 6. [ONE Gas, Inc.](https://www.sectoralpha.in/us/stocks/ogs) OGS · turning · Evidence leans up · 79% evidence 52.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.5/35 · Revenue -0.8% · Profit 16.6% · Operating margin change n/a · 76% evidence Capital efficiency 14.1/25 · ROCE 6.4% · Operating margin 16.2% · 76% evidence Valuation 9.7/20 · P/E 16.8× · PEG 1.57 · 65% evidence Relative strength 10.5/20 · Lead over its industry 2% · Lead over S&P 500 -4.6% · 1 year -1.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.5 + 14.1 + 9.7 + 10.5 = 52.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Southwest Gas Holdings, Inc.](https://www.sectoralpha.in/us/stocks/swx) SWX · turning · Evidence leans up · 60% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.2/35 · Revenue -15.2% · Profit 100% · Operating margin change n/a · 52% evidence Capital efficiency 8.3/25 · ROCE 5.3% · Operating margin 7.2% · 76% evidence Valuation 10.7/20 · P/E 12.4× · PEG n/a · 15% evidence Relative strength 15.9/20 · Lead over its industry 8.5% · Lead over S&P 500 1.8% · 1 year 16.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 17.2 + 8.3 + 10.7 + 15.9 = 52.1 · What this means: Relative strength against the index is 1.8%, and revenue and profit growth are weak. 8. [New Jersey Resources Corporation](https://www.sectoralpha.in/us/stocks/njr) NJR · quiet · Evidence leans down · 70% evidence 48.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.0/35 · Revenue 6.3% · Profit -10.9% · Operating margin change n/a · 52% evidence Capital efficiency 11.3/25 · ROCE 7.8% · Operating margin -7.5% · 76% evidence Valuation 13.0/20 · P/E 15.4× · PEG 1.06 · 65% evidence Relative strength 9.2/20 · Lead over its industry 2.6% · Lead over S&P 500 -3.7% · 1 year 17.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15 + 11.3 + 13 + 9.2 = 48.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Northwest Natural Holding Company](https://www.sectoralpha.in/us/stocks/nwn) NWN · turning · Evidence leans down · 70% evidence 46.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.5/35 · Revenue 4.4% · Profit 22.3% · Operating margin change n/a · 52% evidence Capital efficiency 7.1/25 · ROCE 4.9% · Operating margin 8.5% · 76% evidence Valuation 13.5/20 · P/E 16.4× · PEG 0.88 · 65% evidence Relative strength 10.2/20 · Lead over its industry 2.7% · Lead over S&P 500 -3.8% · 1 year 7.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15.5 + 7.1 + 13.5 + 10.2 = 46.3 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 10. [Brookfield Infrastructure Corporation](https://www.sectoralpha.in/us/stocks/bipc) BIPC · basing · Too little evidence to rank firmly · 56% evidence 45.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.1/35 · Revenue 1.3% · Profit n/a · Operating margin change n/a · 52% evidence Capital efficiency 13.9/25 · ROCE 13.6% · Operating margin n/a · 61% evidence Valuation 11.5/20 · P/E -31.4× · PEG n/a · 15% evidence Relative strength 3.7/20 · Lead over its industry -8.7% · Lead over S&P 500 -14.7% · 1 year -17% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.1 + 13.9 + 11.5 + 3.7 = 45.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 11. [NiSource Inc.](https://www.sectoralpha.in/us/stocks/ni) NI · turning · Evidence leans down · 79% evidence 45.1 out of 100 Growth Capital Valuation Relative
12. [RGC Resources, Inc.](https://www.sectoralpha.in/us/stocks/rgco) RGCO · turning · Evidence leans down · 79% evidence 45.0 out of 100 Growth Capital Valuation Relative
13. [Suburban Propane Partners, L.P.](https://www.sectoralpha.in/us/stocks/sph) SPH · basing · Evidence leans down · 77% evidence 44.3 out of 100 Growth Capital Valuation Relative
14. MDU Resources Group, Inc. this page MDU · basing · Evidence leans down · 85% evidence 38.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.5/35 · Revenue -1.2% · Profit -9.3% · Operating margin change 4 points · 95% evidence Capital efficiency 9.4/25 · ROCE 4.3% · Operating margin 12.5% · 76% evidence Valuation 10.3/20 · P/E 22.5× · PEG 1.3 · 65% evidence Relative strength 3.9/20 · Lead over its industry -2.6% · Lead over S&P 500 -8.8% · 1 year -6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.5 + 9.4 + 10.3 + 3.9 = 38.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 15. [Centuri Holdings, Inc.](https://www.sectoralpha.in/us/stocks/ctri) CTRI · basing · Most evidence points down · 67% evidence 30.1 out of 100 Growth Capital Valuation Relative
16. [OPAL Fuels Inc.](https://www.sectoralpha.in/us/stocks/opal) OPAL · quiet · Most evidence points down · 75% evidence 29.6 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Utilities - Regulated Gas](https://www.sectoralpha.in/us/sectors/utilities-regulated-gas), all 16 compared on one page. ## Which companies are close to MDU Resources Group in size? MDU Resources Group is the 10th largest of 16 Utilities - Regulated Gas companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Spire Inc., ONE Gas, Inc. and Brookfield Infrastructure Corporation. Just below it: Chesapeake Utilities Corporation, Centuri Holdings, Inc. and Northwest Natural Holding Company. ### Utilities - Regulated Gas companies close in size

1. [Spire Inc.](https://www.sectoralpha.in/us/stocks/sr) $5.2 billion
2. [ONE Gas, Inc.](https://www.sectoralpha.in/us/stocks/ogs) $5.1 billion
3. [Brookfield Infrastructure Corporation](https://www.sectoralpha.in/us/stocks/bipc) $4.6 billion
4. MDU Resources Group, Inc. $4.1 billion
5. [Chesapeake Utilities Corporation](https://www.sectoralpha.in/us/stocks/cpk) $3.3 billion
6. [Centuri Holdings, Inc.](https://www.sectoralpha.in/us/stocks/ctri) $2.2 billion
7. [Northwest Natural Holding Company](https://www.sectoralpha.in/us/stocks/nwn) $2.1 billion

[All 16 Utilities - Regulated Gas companies, largest first](https://www.sectoralpha.in/us/sectors/utilities-regulated-gas#all-companies)

### Companies close in size in other industries

1. [Embotelladora Andina S.A.](https://www.sectoralpha.in/us/stocks/ako-b) $4.2 billion · Beverages - Non-Alcoholic
2. [Tutor Perini Corporation](https://www.sectoralpha.in/us/stocks/tpc) $4.2 billion · Engineering & Construction
3. MDU Resources Group, Inc. $4.2 billion
4. [Americold Realty Trust, Inc.](https://www.sectoralpha.in/us/stocks/cold) $4.2 billion · REIT - Industrial
5. [iRhythm Holdings, Inc.](https://www.sectoralpha.in/us/stocks/irtc) $4.2 billion · Medical Devices

## What else do people ask about MDU Resources Group? ### What were MDU Resources Group's latest quarterly results? MDU Resources Group, Inc. reported revenue of $375 M and net profit of $21.2 M for the Jun 2026 quarter. Revenue rose 6.9% and profit rose 54.1% compared with a year earlier. Earnings per share were $0.10. The operating margin was 12.5%, 4.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is MDU Resources Group's market cap? MDU Resources Group, Inc.'s market capitalisation is $4.1 B at a stock price of $19.65. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is MDU Resources Group performing? MDU Resources Group, Inc.'s share price has been moving sideways for 15 weeks. In its latest quarter, revenue rose 6.9% and profit rose 54.1% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 24 weeks running (as of 3 November 2026). ### Will MDU Resources Group's stock price go up? This page does not forecast MDU Resources Group, Inc.'s stock price. What it shows instead: the stock price is $19.65, and it has been moving sideways for 15 weeks. Its P/E of 20.7× is higher than 66% of its own last 3 years (as of 3 November 2026). ### Where is MDU Resources Group in its business cycle? MDU Resources Group, Inc.'s FY25 operating margin was 15.6%, against a 5-year range of 9.8% to 15.6%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 12.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the MDU Resources Group story? The main question: the share price moved +2.5% in a year while yearly earnings per share moved −32.4%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is MDU Resources Group a stock worth studying right now? What the numbers show: MDU Resources Group, Inc.'s share price has risen faster than its earnings: +2.5% in a year, against −32.4% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.