MDU Resources Group MDU Pipeline — Less accumulated depreciation and amortization

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NFGPipeline and Storage — Average depreciation, depletion and amortization rates

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ATOPipeline and storage segment — Depreciation and amortization expense

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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$4.45B+22.6%

Enterprise value$6.99B+21.3%

P/E23.5×+9.7×

P/S2.5×+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:AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment.

The official record: MDU Resources Group’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MDU Resources Group's pipeline — less accumulated depreciation and amortization?: MDU Resources Group (MDU) reported pipeline — less accumulated depreciation and amortization of $373.02M in Q4 2025.
What does pipeline — less accumulated depreciation and amortization mean?: The cumulative amount of depreciation and amortization expense recognized against the pipeline segment's long-lived assets over their useful lives. This figure is subtracted from the gross asset value to determine the net carrying value of the infrastructure.