MDU Resources Group
MDUNYSEOther · Mining & Quarrying of Nonmetallic Minerals (No Fuels) · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $1.86B | $1.75B | $1.81B | $1.75B | $3.40B | $5.53B |
| Operating income | $290.4M | $265.6M | $224.9M | $200.9M | $331.1M | $544.9M |
| Net income | $190.4M | $281.1M | $414.7M | $367.5M | $378.1M | $390.2M |
| Total assets | $7.62B | $7.04B | $7.83B | $9.66B | $8.91B | $8.05B |
| Total liabilities | — | — | — | — | — | — |
| Equity | $2.77B | $2.69B | $2.91B | $3.59B | $3.38B | $3.08B |
| EPS (diluted) | $0.93 | $1.37 | $2.03 | $1.81 | $1.87 | $1.95 |
| Shares out. | 204.3M | 203.7M | 203.6M | 203.4M | 200.5M | 200.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 15.6%
- Net margin
- 10.2%
- Return on equity
- 6.9%
- Return on assets
- 2.5%
- Return on capital (ROCE)
- 4.2%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $13.57
- Revenue growth (YoY)
- 6.3%
- Net income growth (YoY)
- −32.3%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −3.7%clean
- Piotroski F-Score
- 4/8mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 4 good- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Barrow Hanley Mewhinney & Strauss LlcPassive (13G)May 13, 2026
- Vanguard Capital Management LlcPassive (13G)Apr 30, 2026
- Vanguard Portfolio Management LlcPassive (13G)Apr 29, 2026
- Dimensional Fund Advisors LpPassive (13G)Apr 9, 2026
- Vanguard Group IncPassive (13G)Mar 27, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 10.3M | 5.8 | -11.1% |
| Apr 30, 2026 | 11.6M | 8.1 | +3.8% |
| Apr 15, 2026 | 11.2M | 7.3 | -0.2% |
| Mar 31, 2026 | 11.2M | 5.5 | -6.1% |
| Mar 13, 2026 | 11.9M | 6.6 | -1.3% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Director / officer change · Item 5.05 · Shareholder voteMay 13, 2026
- Results of operations · Regulation FD disclosureMay 7, 2026
- Results of operations · Regulation FD disclosureFeb 5, 2026
- Entered a material agreement · New financial obligationJan 16, 2026
- Entered a material agreement · Other material eventDec 29, 2025
- Entered a material agreement · Completed an acquisition or dispositionDec 12, 2025
- Entered a material agreement · Other material eventDec 5, 2025
- Regulation FD disclosureNov 20, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 8-KMay 13, 2026
- SCHEDULE 13GMay 13, 2026
- 10-QMDU RESOURCES FORM 10-QMay 7, 2026
- 8-KMDU RESOURCES FORM 8-K EARNINGS RELEASEMay 7, 2026
- SCHEDULE 13GApr 30, 2026
- SCHEDULE 13GApr 29, 2026
- SCHEDULE 13GApr 9, 2026
- 4Apr 1, 2026
- 4Apr 1, 2026
- ARSApr 1, 2026
- DEFA14AApr 1, 2026
- DEF 14AApr 1, 2026
- SCHEDULE 13G/AMar 27, 2026
- 10-KFeb 20, 2026
- 4Feb 19, 2026
Corporate family
Spin-offs from MDU Resources Group (2)
- Everus Construction Group, Inc.ECGcompletedOct 31, 2024details
- Knife River CorpKNFcompletedMay 25, 2023details
From the spin-off filings we track. Follow a company to walk its own history.