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MDU Resources Group MDU Electric — Less write-offs charged against the allowance

Other segment segments

Natural gas distribution
$1.1M-13.5%
Pipeline
$0

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Other financials

Income statement

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Revenue$606.0M-10.2%
Operating income$115.7M+2.5%
Net income$80.8M-1.4%
EPS (diluted)$0.39-2.5%

Balance sheet

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Cash & equivalents$53.3M-10.5%
Total debt$2.6B+18.3%
Total equity$2.9B+5.9%
Total assets$7.7B+10.4%

Cash flow

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Operating cash flow$149.2M-31.4%
CapEx$92.4M-0.7%
Free cash flow$56.8M-54.4%

Valuation

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Market cap$4.34B+21.4%
Enterprise value$6.88B+20.8%
P/E22.9×+6.3×
P/S2.4×+0.5×

Profitability

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Operating margin16.2%+1.0pp
Net margin10.5%-3.7pp
FCF margin-20.2%-23.2pp

Returns & leverage

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Return on equity6.7%-2.5pp
Debt / equity0.9×+0.1×
Current ratio0.8×-0.1×

Where this comes from

Reported directly by MDU Resources Group in its filing.

Tagged under the XBRL concept us-gaap:AllowanceForDoubtfulAccountsReceivableWriteOffs.

The source filing: MDU Resources Group’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 5:12 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000067716-26-000050
Line itemElectricNatural gasdistributionPipelineTotal
At December 31, 2025$506$1,443$1,949
Current expected credit loss provision9521,6702,622
Less write-offs charged against the allowance1,0661,0982,164
Credit loss recoveries collected188272460
At March 31, 2026$580$2,287$2,867

Item 1. Financial Statements

FAQ

What is MDU Resources Group's electric — less write-offs charged against the allowance?
MDU Resources Group (MDU) reported electric — less write-offs charged against the allowance of $1.07M in Q1 2026.
How has MDU Resources Group's electric — less write-offs charged against the allowance changed year-over-year?
MDU Resources Group's electric — less write-offs charged against the allowance increased by 2.9% year-over-year, from $1.04M to $1.07M.
What is the long-term trend for MDU Resources Group's electric — less write-offs charged against the allowance?
Over 4 years (2021 to 2025), MDU Resources Group's electric — less write-offs charged against the allowance has grown at a 4.6% compound annual growth rate (CAGR), from $2.14M to $2.56M.
What does electric — less write-offs charged against the allowance mean?
This represents the actual customer account balances that have been deemed uncollectible and removed from the accounts receivable ledger. It reflects the realization of credit risk within the utility's customer base.

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