MDU Resources Group (MDU) Revenue & Revenue Breakdown


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MDU Resources Group Revenue Highlights


Latest Revenue (Y)

$4.66B

Latest Revenue (Q)

$1.05B

Main Segment (Y)

Natural Gas Transportation

MDU Resources Group Revenue by Period


MDU Resources Group Revenue by Year

DateRevenueChange
2023-12-31$4.66B-33.22%
2022-12-31$6.97B22.76%
2021-12-31$5.68B2.68%
2020-12-31$5.53B3.67%
2019-12-31$5.34B17.77%
2018-12-31$4.53B1.98%
2017-12-31$4.44B7.62%
2016-12-31$4.13B-1.50%
2015-12-31$4.19B-10.26%
2014-12-31$4.67B4.67%
2013-12-31$4.46B9.50%
2012-12-31$4.08B0.61%
2011-12-31$4.05B3.60%
2010-12-31$3.91B-6.39%
2009-12-31$4.18B-16.52%
2008-12-31$5.00B17.78%
2007-12-31$4.25B4.35%
2006-12-31$4.07B17.81%
2005-12-31$3.46B27.07%
2004-12-31$2.72B15.61%
2003-12-31$2.35B15.78%
2002-12-31$2.03B-8.64%
2001-12-31$2.22B18.68%
2000-12-31$1.87B46.40%
1999-12-31$1.28B42.72%
1998-12-31$896.70M47.56%
1997-12-31$607.70M18.07%
1996-12-31$514.70M10.86%
1995-12-31$464.30M3.27%
1994-12-31$449.60M2.27%
1993-12-31$439.60M-

MDU Resources Group generated $4.66B in revenue during NA 2023, up -33.22% compared to the previous quarter, and up 102.77% compared to the same period a year ago.

MDU Resources Group Revenue by Quarter

DateRevenueChange
2024-06-30$1.05B-13.70%
2024-03-31$1.21B6.92%
2023-12-31$1.14B13.44%
2023-09-30$1.00B-8.28%
2023-06-30$1.09B-37.20%
2023-03-31$1.74B-6.56%
2022-12-31$1.86B-5.97%
2022-09-30$1.98B14.89%
2022-06-30$1.72B21.48%
2022-03-31$1.42B-1.84%
2021-12-31$1.44B-9.01%
2021-09-30$1.59B11.40%
2021-06-30$1.42B15.94%
2021-03-31$1.23B-11.35%
2020-12-31$1.39B-12.73%
2020-09-30$1.59B16.46%
2020-06-30$1.36B13.82%
2020-03-31$1.20B-13.12%
2019-12-31$1.38B-11.87%
2019-09-30$1.56B19.96%
2019-06-30$1.30B19.46%
2019-03-31$1.09B-9.81%
2018-12-31$1.21B-5.54%
2018-09-30$1.28B20.31%
2018-06-30$1.06B9.04%
2018-03-31$976.30M-16.21%
2017-12-31$1.17B-8.43%
2017-09-30$1.27B19.19%
2017-06-30$1.07B13.83%
2017-03-31$937.90M-7.70%
2016-12-31$1.02B-15.93%
2016-09-30$1.21B15.78%
2016-06-30$1.04B15.32%
2016-03-31$905.20M-14.80%
2015-12-31$1.06B-17.03%
2015-09-30$1.28B29.84%
2015-06-30$986.22M7.37%
2015-03-31$918.51M-21.04%
2014-12-31$1.16B-15.12%
2014-09-30$1.37B25.26%
2014-06-30$1.09B4.91%
2014-03-31$1.04B-11.95%
2013-12-31$1.18B-7.88%
2013-09-30$1.29B21.23%
2013-06-30$1.06B13.85%
2013-03-31$931.60M-13.83%
2012-12-31$1.08B-7.87%
2012-09-30$1.17B21.24%
2012-06-30$967.96M13.50%
2012-03-31$852.81M-19.98%
2011-12-31$1.07B-7.50%
2011-09-30$1.15B23.79%
2011-06-30$930.76M3.21%
2011-03-31$901.80M-13.50%
2010-12-31$1.04B-7.40%
2010-09-30$1.13B24.21%
2010-06-30$906.44M8.59%
2010-03-31$834.78M-17.88%
2009-12-31$1.02B-8.25%
2009-09-30$1.11B15.65%
2009-06-30$958.04M-12.43%
2009-03-31$1.09B-15.57%
2008-12-31$1.30B-2.85%
2008-09-30$1.33B6.56%
2008-06-30$1.25B11.58%
2008-03-31$1.12B-8.99%
2007-12-31$1.23B-

MDU Resources Group generated $1.05B in revenue during Q2 2024, up -13.70% compared to the previous quarter, and up 60.30% compared to the same period a year ago.

MDU Resources Group Revenue Breakdown


MDU Resources Group Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Natural Gas Transportation$197.76M----
Natural Gas, Storage$18.25M----
Other Revenues$91.64M----
Pipeline and Midstream-$96.57M$82.86M$85.35M$84.19M
Natural gas distribution-$1.27B$971.36M$847.65M$865.22M
Electric-$376.58M$349.04M$331.54M$351.73M
Corporate and Other--$84.00K$-55.00K$90.00K
Construction services-$2.69B$2.05B$2.09B$1.85B
Construction materials and contracting-$2.53B$2.23B$2.18B$2.19B

MDU Resources Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Natural Gas Transportation (64.28%), Other Revenues (29.79%), and Natural Gas, Storage (5.93%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Natural Gas Transportation$58.23M$149.37M$48.39M-----------------
Natural Gas, Storage$5.38M$13.45M$4.81M$4.37M$4.07M$4.88M--------------
Other Revenues$22.57M$67.54M$24.10M-----------------
Revenue From Contracts With Customers--$991.28M-----------------
Natural gas distribution---$219.00M$565.52M$132.07M$210.44M$450.42M$110.38M$153.79M$350.21M$94.70M$141.49M$326.44M$295.57M$93.64M$133.87M---
Pipeline---$34.21M$14.33M$36.05M$29.81M$11.12M$30.97M$27.77M$9.91M$32.07M--------
Construction services---$746.93M$754.12M$734.81M$683.59M$551.59M$514.52M$524.74M$517.47M$550.61M$496.40M$512.21M$482.59M$478.38M$464.19M---
Corporate and Other--------$25.00K$28.00K$17.00K$24.00K$-112.00K$18.00K$25.00K$22.00K$24.00K---
Electric---$90.99M$95.60M$99.19M$85.46M$93.59M$98.93M$83.65M$84.67M$87.45M$76.44M$85.91M$88.30M$89.84M$81.01M---
Construction materials and contracting----$307.77M$975.09M$711.61M$309.84M$831.19M$633.67M$265.66M$822.44M$621.04M$262.14M$497.36M$869.38M$595.80M---
Natural Gas Gathering-------------$621.00K------
Pipeline and Midstream---------------$27.66M$10.65M$14.37M$32.53M$28.68M

MDU Resources Group's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Natural Gas Transportation (67.57%), Other Revenues (26.19%), and Natural Gas, Storage (6.25%).

MDU Resources Group Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BBUBrookfield Business Partners$56.08B$11.96B
MDUMDU Resources Group$4.66B$1.05B
VMIValmont Industries$4.17B$1.02B
GFFGriffon$2.69B$647.81M
CODICompass Diversified$2.06B$582.62M
SPLPSteel Partners$1.91B$533.16M
MATWMatthews$1.88B$131.84M
TRCTejon Ranch$44.74M$5.69M

MDU Revenue FAQ


MDU Resources Group's yearly revenue for 2023 was $4.66B, representing a decrease of -33.22% compared to 2022. The company's yearly revenue for 2022 was $6.97B, representing an increase of 22.76% compared to 2021. MDU's yearly revenue for 2021 was $5.68B, representing an increase of 2.68% compared to 2020.

MDU Resources Group's quarterly revenue for Q2 2024 was $1.05B, a -13.70% decrease from the previous quarter (Q1 2024), and a -3.99% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.21B, a 6.92% increase from the previous quarter (Q4 2023), and a -30.13% decrease year-over-year (Q1 2023). MDU's quarterly revenue for Q4 2023 was $1.14B, a 13.44% increase from the previous quarter (Q3 2023), and a -38.94% decrease year-over-year (Q4 2022).

MDU Resources Group's revenue growth rate for the last 3 years (2021-2023) was -18.02%, and for the last 5 years (2019-2023) was -12.73%.

MDU Resources Group's revenue streams in c 23 are Natural Gas Transportation, Natural Gas, Storage, and Other Revenues. Natural Gas Transportation generated $197.76M in revenue, accounting 64.28% of the company's total revenue Natural Gas, Storage generated $18.25M in revenue, accounting 5.93% of the company's total revenue Other Revenues generated $91.64M in revenue, accounting 29.79% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of MDU Resources Group was Natural Gas Transportation. This segment made a revenue of $197.76M, representing 64.28% of the company's total revenue.