Shares Outstanding for MDU Resources Group (MDU)
According to MDU Resources Group's latest reported financial statements, the company's latest reported diluted shares outstanding is 205.70M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
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Latest period
205.70M
YoY change
+0.3%
5Y CAGR
+0.5%
Peak year (2025)
205.30M
Latest annual
205.30M
Shares Outstanding history chart for MDU Resources Group (MDU) from 1985 to 2025
Shares Outstanding history table for MDU Resources Group (MDU) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 205.30M | +0.3% | ||
| 2024 | 204.65M | +0.4% | ||
| 2023 | 203.94M | +0.2% | ||
| 2022 | 203.46M | +0.5% | ||
| 2021 | 202.38M | +0.9% | ||
| 2020 | 200.57M | +1.0% | ||
| 2019 | 198.63M | +1.2% | ||
| 2018 | 196.20M | +0.3% | ||
| 2017 | 195.70M | +0.1% | ||
| 2016 | 195.60M | +0.3% | ||
| 2015 | 195.00M | +1.2% | ||
| 2014 | 192.60M | +1.5% | ||
| 2013 | 189.70M | +0.5% | ||
| 2012 | 188.80M | -0.1% | ||
| 2011 | 188.90M | +0.4% | ||
| 2010 | 188.23M | +1.6% | ||
| 2009 | 185.20M | +0.8% | ||
| 2008 | 183.81M | +0.5% | ||
| 2007 | 182.90M | +0.8% | ||
| 2006 | 181.39M | +1.1% | ||
| 2005 | 179.49M | +1.8% | ||
| 2004 | 176.39M | +4.4% | ||
| 2003 | 168.89M | +5.4% | ||
| 2002 | 160.29M | +5.0% | ||
| 2001 | 152.71M | +10.6% | ||
| 2000 | 138.13M | +11.9% | ||
| 1999 | 123.46M | +7.9% | ||
| 1998 | 114.38M | +16.9% | ||
| 1997 | 97.83M | +1.3% | ||
| 1996 | 96.57M | -0.2% | ||
| 1995 | 96.76M | +0.4% | ||
| 1994 | 96.33M | +0.3% | ||
| 1993 | 96.00M | -0.2% | ||
| 1992 | 96.16M | -0.1% | ||
| 1991 | 96.26M | -0.6% | ||
| 1990 | 96.83M | +0.9% | ||
| 1989 | 95.94M | +2.1% | ||
| 1988 | 93.94M | +2.7% | ||
| 1987 | 91.43M | +3.1% | ||
| 1986 | 88.72M | +2.6% | ||
| 1985 | 86.49M | — |
Shares Outstanding values are taken from MDU Resources Group's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, MDU Resources Group (MDU) reported diluted shares outstanding of 205.30M – edged up 0.3% year-over-year.
MDU Resources Group diluted shares outstanding compound annual growth for the 2020–2025 (5 years) window is +0.5%, sustaining 13 straight years of year-over-year growth.
2025 marks the peak diluted shares outstanding at 205.30M, with the historical low of 86.49M recorded in 1985.
MDU Resources Group (MDU) sits 9th of 8 Industrials peers we track on this metric, against a peer median of 618.15M.
MDU Resources Group Shares Outstanding by Year
MDU Resources Group Shares Outstanding 2025: 205.30M
MDU Resources Group diluted shares outstanding in 2025 was 205.30M, edged up 0.3% from 2024. This figure represents the highest annual value in the available history.
MDU Resources Group Shares Outstanding 2024: 204.65M
MDU Resources Group diluted shares outstanding in 2024 was 204.65M, edged up 0.4% from 2023.
MDU Resources Group Shares Outstanding 2023: 203.94M
MDU Resources Group diluted shares outstanding in 2023 was 203.94M, edged up 0.2% from 2022.
MDU Resources Group Shares Outstanding 2022: 203.46M
MDU Resources Group diluted shares outstanding in 2022 was 203.46M, edged up 0.5% from 2021.
MDU Resources Group Shares Outstanding 2021: 202.38M
MDU Resources Group diluted shares outstanding in 2021 was 202.38M.
See more financial history for MDU Resources Group (MDU).
Sector peers — Shares Outstanding
Companies in the same sector as MDU Resources Group, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| RTX Corporation (RTX) | 1.36B | Industrials |
| GE Aerospace (GE) | 1.07B | Industrials |
| The Boeing Company (BA) | 762.30M | Industrials |
| Honeywell International Inc. (HON) | 642.80M | Industrials |
| Union Pacific Corporation (UNP) | 593.50M | Industrials |
| Caterpillar Inc. (CAT) | 469.00M | Industrials |
| Eaton Corporation plc (ETN) | 389.50M | Industrials |
| Deere & Company (DE) | 271.70M | Industrials |
Frequently asked questions
What is MDU Resources Group's diluted shares outstanding?
- Latest reported diluted shares outstanding for MDU Resources Group (MDU) is 205.70M (period ending December 31, 2025).
How has MDU Resources Group diluted shares outstanding changed year-over-year?
- MDU Resources Group (MDU) diluted shares outstanding changed +0.3% year-over-year on the latest annual filing.
What is the long-term growth rate of MDU Resources Group diluted shares outstanding?
- MDU Resources Group (MDU) diluted shares outstanding compound annual growth rate is +0.5% over the most recent 5 years available.
When did MDU Resources Group diluted shares outstanding hit its highest annual value?
- MDU Resources Group diluted shares outstanding reached its highest annual value of 205.30M in 2025.
What was MDU Resources Group diluted shares outstanding in 2024?
- MDU Resources Group (MDU) diluted shares outstanding in 2024 was 204.65M.
What was MDU Resources Group diluted shares outstanding in 2025?
- MDU Resources Group (MDU) diluted shares outstanding in 2025 was 205.30M.
Metrics overview
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