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MDU Resources Group MDU Regulatory assets

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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:RegulatoryAssetsCurrent.

The official record: MDU Resources Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MDU Resources Group's regulatory assets?
MDU Resources Group (MDU) reported regulatory assets of $190.68M in Q1 2026.
How has MDU Resources Group's regulatory assets changed year-over-year?
MDU Resources Group's regulatory assets increased by 33.0% year-over-year, from $143.34M to $190.68M.
What is the long-term trend for MDU Resources Group's regulatory assets?
Over 5 years (2020 to 2025), MDU Resources Group's regulatory assets has grown at a 21.2% compound annual growth rate (CAGR), from $68.53M to $179.58M.
What does regulatory assets mean?
This represents costs incurred by the utility that are deferred as assets because they are expected to be recovered from customers through future rate adjustments approved by regulators. It reflects the timing difference between when costs are recognized for accounting purposes and when they are included in customer rates. High levels indicate significant capital investment or deferred expenses awaiting regulatory approval for recovery.