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MDU Resources Group MDU Electric — Operation and maintenance

Other segment segments

Natural gas distribution
$65.13M+2.6%
Pipeline
$20.77M+8.0%
Other
$305K+271%

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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:SellingGeneralAndAdministrativeExpense.

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
Three Months Ended March 31, 2026ElectricNatural gas distributionPipelineOtherConsolidated
Intersegment purchased natural gas sold34,42034,420
Electric fuel and purchased power46,06746,067
Operation and maintenance:
External operation and maintenance28,70565,12620,769305114,905
Intersegment operation and maintenance1678940199495
Depreciation and amortization19,62726,3338,21954,179
Taxes, other than income5,52026,4523,75835,730
Other income:

Item 1. Financial Statements

FAQ

What is MDU Resources Group's electric — operation and maintenance?
MDU Resources Group (MDU) reported electric — operation and maintenance of $28.71M in Q1 2026.
How has MDU Resources Group's electric — operation and maintenance changed year-over-year?
MDU Resources Group's electric — operation and maintenance increased by 1.0% year-over-year, from $28.41M to $28.71M.
What is the long-term trend for MDU Resources Group's electric — operation and maintenance?
Over 3 years (2022 to 2025), MDU Resources Group's electric — operation and maintenance has grown at a 5.9% compound annual growth rate (CAGR), from $93.24M to $110.73M.
What does electric — operation and maintenance mean?
This encompasses the recurring costs required to operate and maintain the electric generation, transmission, and distribution infrastructure. It includes labor, materials, and administrative expenses necessary to ensure safe and reliable utility service.

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