TTM
16.2%
YoY change
+0.38pp
Trough year (2009)
-3.7%
Peak year (1985)
100.0%
Latest annual
15.5%
Operating Margin history chart for MDU Resources Group (MDU) from 1985 to 2025
Latest: 15.5%
Operating Margin change chart for MDU Resources Group (MDU) from 1985 to 2025
Latest: +0.38pp
Operating Margin history table for MDU Resources Group (MDU) from 1985 to 2025
| 2025 | 15.5% | +0.38pp | ||
| 2024 | 15.1% | +2.64pp | ||
| 2023 | 12.5% | +0.98pp | ||
| 2022 | 11.5% | +1.91pp | ||
| 2021 | 9.6% | -0.27pp | ||
| 2020 | 9.8% | +0.83pp | ||
| 2019 | 9.0% | +0.15pp | ||
| 2018 | 8.9% | -0.78pp | ||
| 2017 | 9.6% | -0.26pp | ||
| 2016 | 9.9% | +3.85pp | ||
| 2015 | 6.1% | -4.39pp | ||
| 2014 | 10.5% | -0.59pp | ||
| 2013 | 11.0% | +10.57pp | ||
| 2012 | 0.5% | -9.56pp | ||
| 2011 | 10.0% | -0.47pp | ||
| 2010 | 10.5% | +14.17pp | ||
| 2009 | -3.7% | -13.90pp | ||
| 2008 | 10.2% | -2.88pp | ||
| 2007 | 13.1% | +0.04pp | ||
| 2006 | 13.1% | +0.11pp | ||
| 2005 | 13.0% | +1.17pp | ||
| 2004 | 11.8% | -1.47pp | ||
| 2003 | 13.3% | +0.17pp | ||
| 2002 | 13.1% | +0.81pp | ||
| 2001 | 12.3% | +0.71pp | ||
| 2000 | 11.6% | -0.91pp | ||
| 1999 | 12.5% | +4.57pp | ||
| 1998 | 7.9% | -10.43pp | ||
| 1997 | 18.3% | -3.30pp | ||
| 1996 | 21.6% | +2.15pp | ||
| 1995 | 19.5% | +2.10pp | ||
| 1994 | 17.4% | -82.61pp | ||
| 1993 | 100.0% | 0.00pp | ||
| 1992 | 100.0% | 0.00pp | ||
| 1991 | 100.0% | 0.00pp | ||
| 1990 | 100.0% | 0.00pp | ||
| 1989 | 100.0% | 0.00pp | ||
| 1988 | 100.0% | 0.00pp | ||
| 1987 | 100.0% | 0.00pp | ||
| 1986 | 100.0% | 0.00pp | ||
| 1985 | 100.0% | — |
- 202515.5%+0.38pp
- 202415.1%+2.64pp
- 202312.5%+0.98pp
- 202211.5%+1.91pp
- 20219.6%-0.27pp
- 20209.8%+0.83pp
- 20199.0%+0.15pp
- 20188.9%-0.78pp
- 20179.6%-0.26pp
- 20169.9%+3.85pp
- 20156.1%-4.39pp
- 201410.5%-0.59pp
- 201311.0%+10.57pp
- 20120.5%-9.56pp
- 201110.0%-0.47pp
- 201010.5%+14.17pp
- 2009-3.7%-13.90pp
- 200810.2%-2.88pp
- 200713.1%+0.04pp
- 200613.1%+0.11pp
- 200513.0%+1.17pp
- 200411.8%-1.47pp
- 200313.3%+0.17pp
- 200213.1%+0.81pp
- 200112.3%+0.71pp
- 200011.6%-0.91pp
- 199912.5%+4.57pp
- 19987.9%-10.43pp
- 199718.3%-3.30pp
- 199621.6%+2.15pp
- 199519.5%+2.10pp
- 199417.4%-82.61pp
- 1993100.0%0.00pp
- 1992100.0%0.00pp
- 1991100.0%0.00pp
- 1990100.0%0.00pp
- 1989100.0%0.00pp
- 1988100.0%0.00pp
- 1987100.0%0.00pp
- 1986100.0%0.00pp
- 1985100.0%—
Operating Margin values are taken from MDU Resources Group's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Operating Margin at MDU Resources Group (MDU)
According to MDU Resources Group's latest reported financial statements, the company's latest reported operating margin is 16.2%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of MDU Resources Group (MDU) operating margin is 15.49% – expanded 0.4 percentage points year-over-year.
100.00% stands as the all-time-high annual operating margin, posted in 1985, against a low of -3.67% during 2009.
MDU Resources Group Operating Margin by Year
MDU Resources Group Operating Margin 2025: 15.5%
In 2025, MDU Resources Group reported operating margin of 15.49%, expanded 0.4 percentage points from 2024.
MDU Resources Group Operating Margin 2024: 15.1%
MDU Resources Group operating margin in 2024 was 15.11%, expanded 2.6 percentage points from 2023.
MDU Resources Group Operating Margin 2023: 12.5%
2023's operating margin for MDU Resources Group came in at 12.47%, expanded 1.0 percentage points from 2022.
MDU Resources Group Operating Margin 2022: 11.5%
MDU Resources Group posted operating margin of 11.50% in 2022, expanded 1.9 percentage points from 2021.
MDU Resources Group Operating Margin 2021: 9.6%
MDU Resources Group operating margin in 2021 was 9.58%.
See more financial history for MDU Resources Group (MDU).
Sector peers by Operating Margin
Industrials peers of MDU Resources Group (MDU), ranked by their latest operating margin
| 40.1% | |
| 18.5% | |
| 18.1% | |
| 17.9% | |
| 16.6% | |
| 14.9% | |
| 10.9% | |
| -5.9% |
- 40.1%
- 18.5%
- 17.9%
- 16.6%
- 10.9%
- -5.9%
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MDU Resources Group (MDU) Key Financials
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