MDU Resources Group MDU Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Income by Business | ||||||
| Electric | $64.5M-10.2% | $64.9M-13.2% | $64.01M-15.3% | $66.84M-3.4% | $71.87M+0.5% | |
| Natural gas distribution | $55.58M+7.9% | $56.05M+19.4% | $48.45M+63.0% | $49.18M-17.1% | $51.53M-32.6% | |
| Other | $2.95M— | $1.27M— | —— | —— | —— | |
| Pipeline | $66.22M-5.7% | $68.18M+0.2% | $69.93M+18.1% | $68.35M+22.5% | $70.19M+39.7% | |
| Other revenues by Business | ||||||
| Natural gas distribution | $25.34M+126% | $18.2M+51.2% | $13.92M+22.6% | $13.69M+25.6% | $11.24M-2.4% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Pipeline | $163K-51.3% | $154K-58.0% | $367K+96.3% | $330K+67.5% | $335K+70.9% | |
| Revenues from contracts with customers by Business | ||||||
| Electric | $450.04M+5.0% | $443.98M+5.3% | $435.81M+1.3% | $428.77M-0.2% | $428.77M+1.5% | |
| Natural gas distribution | $1.21B-5.8% | $1.28B+6.8% | $1.3B+11.6% | $1.29B+10.5% | $1.28B+8.4% | |
| Other | -$743K-112% | -$722K-274% | -$671K— | -$510K— | -$350K— | |
| Income from Continuing Ops by Business | ||||||
| Electric | $64.5M-10.2% | $64.9M-13.2% | $64.01M-15.1% | $66.84M-7.2% | $71.87M-1.3% | |
| Natural gas distribution | $55.58M+7.9% | $56.05M+19.4% | $48.45M+0.7% | $49.18M+2.9% | $51.53M+3.8% | |
| Other | $3.59M— | $2.28M— | —— | —— | —— | |
| Pipeline | $66.22M-5.7% | $68.18M+0.2% | $69.93M+6.2% | $68.35M+10.0% | $70.19M+31.2% | |
| Income taxes by Business | ||||||
| Electric | -$10.76M-93.9% | -$9.58M-297% | -$7.95M-484% | -$7.75M-145% | -$5.55M-309% | |
| Natural gas distribution | $9.73M+1.4% | $9.6M+20.5% | $8.75M+492% | $9.23M-10.7% | $9.6M-39.6% | |
| Other | -$2.8M+14.9% | -$388K+92.9% | -$222K+94.1% | -$2.31M+69.5% | -$3.29M+75.3% | |
| Pipeline | $19.51M+7.9% | $19.93M+14.1% | $17.22M-2.1% | $17.13M+7.0% | $18.09M+30.9% | |
| Other income by Business | ||||||
| Electric | $6.93M-4.0% | $7.47M-9.0% | $8.5M+23.1% | $7.88M+13.3% | $7.22M+13.8% | |
| Natural gas distribution | $14.76M-28.5% | $15.79M-38.1% | $18.25M-26.2% | $20.38M-14.9% | $20.64M-13.4% | |
| Other | -$4.81M+57.8% | -$4.99M+66.3% | -$6.16M+60.6% | -$8.39M+44.7% | -$11.4M+21.2% | |
| Pipeline | $2.76M-48.8% | $3.49M-40.4% | $4.04M-27.0% | $4.27M-19.9% | $5.39M+52.8% | |
| Taxes, other than income by Business | ||||||
| Electric | $19.51M+12.6% | $18.81M+6.8% | $18.56M+6.7% | $17.45M-2.8% | $17.33M-1.6% | |
| Natural gas distribution | $77.29M-2.3% | $81.47M+7.1% | $81.85M+10.7% | $79.66M-2.3% | $79.08M-5.9% | |
| Other | $0-100% | $0-100% | $123K-67.2% | $180K-57.2% | $254K-43.4% | |
| Pipeline | $14.67M+18.4% | $14.23M+16.8% | $13.65M+15.6% | $12.97M+12.7% | $12.39M+10.6% | |
| Loss from discontinued operations, net of tax by Business | ||||||
| Electric | $0— | $0— | $0— | $0— | $0— | |
| Natural gas distribution | $0— | $0— | $0— | $0— | $0— | |
| Other | -$640K— | -$1.01M— | —— | —— | —— | |
| Pipeline | $0— | $0— | $0+100% | $0+100% | $0+100% | |
| Interest Expense by Business | ||||||
| Electric | $35.81M+17.6% | $31.79M+5.8% | $30.83M+4.9% | $30.84M+7.3% | $30.45M+6.7% | |
| Natural gas distribution | $61M-2.2% | $59.59M-5.7% | $59.57M-2.9% | $60.78M+1.6% | $62.4M+6.0% | |
| Other | $5.14M+172% | $4.69M+143% | $1.71M+115% | -$2.87M+73.8% | -$7.15M+29.1% | |
| Pipeline | $11.66M-1.1% | $11.68M+7.5% | $12.1M+23.2% | $12.22M+27.1% | $11.79M+27.3% | |
| Purchased natural gas sold by Business | ||||||
| Electric | $0— | $0— | $0— | $0— | $0— | |
| Natural gas distribution | $593.7M-13.8% | $671.47M+6.5% | $695.56M+17.4% | $690.43M-4.7% | $688.96M-15.6% | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Pipeline | $0— | $0— | $0— | $0— | $0— | |
| Operation and maintenance by Business | ||||||
| Electric | $111.03M+11.3% | $110.73M+16.7% | $109.1M+17.2% | $106.5M+14.6% | $99.77M+7.4% | |
| Natural gas distribution | $242.55M+3.1% | $240.91M+4.3% | $242.52M+8.3% | $240.78M+7.5% | $235.24M+5.0% | |
| Pipeline | $83.15M+9.0% | $81.62M+8.2% | $81.6M+10.2% | $79.56M+9.5% | $76.28M+7.1% | |
| Electric fuel and purchased power by Business | ||||||
| Electric | $161.31M+11.1% | $159M+12.6% | $151.89M+6.5% | $143.37M-0.3% | $145.17M+3.1% | |
| Natural gas distribution | $0— | $0— | $0— | $0— | $0— | |
| Other | $0— | $0— | $0— | $0— | $0— | |
| Pipeline | $0— | $0— | $0— | $0— | $0— | |
| D&A by Business | ||||||
| Electric | $72.05M+7.4% | $69.61M+4.6% | $68.89M+4.8% | $68.26M+5.1% | $67.09M+3.5% | |
| Natural gas distribution | $105.19M+2.5% | $104.98M+3.0% | $105.03M+5.1% | $103.53M+4.9% | $102.6M+5.8% | |
| Other | $0-100% | $0-100% | $514K-81.3% | $1.08M-66.4% | $1.68M-53.5% | |
| Pipeline | $32.39M+7.2% | $32.12M+9.4% | $31.51M+10.5% | $30.87M+10.9% | $30.2M+10.9% | |
| Credit loss recoveries collected by Business | ||||||
| Electric | $417K+3.0% | $395K+2.3% | $389K-3.2% | $399K+2.0% | $405K+3.8% | |
| Natural gas distribution | $1.16M-0.1% | $1.14M-6.8% | $1.09M-15.7% | $1.13M-11.5% | $1.16M-6.5% | |
| Accounts Receivable, Allowance for Credit Loss by Business | ||||||
| Electric | $2.04M+1.6% | $2M-6.8% | $1.97M-5.8% | $1.98M-1.9% | $2.01M+3.6% | |
| Natural gas distribution | $6.22M+0.3% | $6.5M+15.9% | $6.42M+18.3% | $6.37M+17.2% | $6.2M+7.5% | |
| Pipeline | $0— | $0— | $0— | $0-100% | $0-100% | |
| Provision for Credit Losses by Business | ||||||
| Electric | $2.21M+7.9% | $2.2M+16.2% | $2.16M+18.3% | $2.04M+11.9% | $2.05M+13.0% | |
| Natural gas distribution | $4.18M-15.8% | $4.72M+1.2% | $4.85M-6.1% | $4.6M-16.3% | $4.96M-7.5% | |
| Less write-offs charged against the allowance by Business | ||||||
| Electric | $2.59M-0.2% | $2.56M+15.4% | $2.56M+18.7% | $2.47M+15.6% | $2.6M+30.7% | |
| Natural gas distribution | $5.61M+1.6% | $5.78M+1.3% | $5.89M-8.9% | $5.56M-21.7% | $5.52M-27.2% | |
| Revenues from contracts with customers by Product | ||||||
| Natural gas storage | $22.71M-6.7% | $23.27M-1.8% | $23.81M+5.4% | $24.18M+13.3% | $24.34M+23.1% | |
| Natural gas transportation | $258.14M+5.8% | $258.52M+9.9% | $255.52M+12.6% | $249.21M+14.2% | $244M+17.6% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does MDU Resources Group break its business down?
- MDU Resources Group (MDU) reports net income by business across 4 parts — Electric, Natural gas distribution, Other and Pipeline. Each is extracted from the segment footnotes and tracked over time.
- Where does MDU Resources Group's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in MDU Resources Group's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.