Company / Operating Margin
MDU Resources Group, Inc. Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
15.5%
FY2025
5-year range
9.0% / 15.5%
FY2021-FY2025
Trend
+2.5%
vs FY2024
Sector context
#47 of 61
Utilities
What the data says
MDU Resources Group, Inc.'s operating margin of 15.5% is lower than 77% of companies in the Utilities sector (FY2025). Operating Margin has increased for 5 consecutive years, from 8.9% in FY2020 to 15.5% in FY2025.
Based on SEC 10-K filings.
15.5% in FY2025 with a 5-year CAGR of +6.6%.
Improved from 12.5% to 15.5% over the past 2 years.
Utilities sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +4.0pp
- 5-Year Change
- +6.6pp
- 10-Year Change
- -
Sector benchmark
Bottom 23% in UtilitiesTop 77% of 61This company 15.5% Sector average 21.7%
▼
-28.5% below sector average
Key checks
Key Insights
- MDU Resources Group, Inc.'s operating margin has grown for 5 consecutive years.
- In FY2025, operating margin increased 2.5% year-over-year.
- Currently 6.2pp below the Utilities sector average.
- Lowest operating margin in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.72 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 15.5% | +2.5% |
| FY2024 | 15.1% | +21.2% |
| FY2023 | 12.5% | +8.4% |
| FY2022 | 11.5% | +27.5% |
| FY2021 | 9.0% | +1.7% |
| FY2020 | 8.9% | -7.0% |
| FY2019 | 9.5% | -3.6% |
| FY2018 | 9.9% | +24.2% |
| FY2017 | 8.0% | +0.3% |
| FY2016 | 8.0% | -0.3% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026