MDU Resources Group (MDU) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $4.66B | -33.22% |
| 2022-12-31 | $6.97B | 22.76% |
| 2021-12-31 | $5.68B | 2.68% |
| 2020-12-31 | $5.53B | 3.67% |
| 2019-12-31 | $5.34B | 17.77% |
| 2018-12-31 | $4.53B | 1.98% |
| 2017-12-31 | $4.44B | 7.62% |
| 2016-12-31 | $4.13B | -1.50% |
| 2015-12-31 | $4.19B | -10.26% |
| 2014-12-31 | $4.67B | 4.67% |
| 2013-12-31 | $4.46B | 9.50% |
| 2012-12-31 | $4.08B | 0.61% |
| 2011-12-31 | $4.05B | 3.60% |
| 2010-12-31 | $3.91B | -6.39% |
| 2009-12-31 | $4.18B | -16.52% |
| 2008-12-31 | $5.00B | 17.78% |
| 2007-12-31 | $4.25B | 4.35% |
| 2006-12-31 | $4.07B | 17.81% |
| 2005-12-31 | $3.46B | 27.07% |
| 2004-12-31 | $2.72B | 15.61% |
| 2003-12-31 | $2.35B | 15.78% |
| 2002-12-31 | $2.03B | -8.64% |
| 2001-12-31 | $2.22B | 18.68% |
| 2000-12-31 | $1.87B | 46.40% |
| 1999-12-31 | $1.28B | 42.72% |
| 1998-12-31 | $896.70M | 47.56% |
| 1997-12-31 | $607.70M | 18.07% |
| 1996-12-31 | $514.70M | 10.86% |
| 1995-12-31 | $464.30M | 3.27% |
| 1994-12-31 | $449.60M | 2.27% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.05B | -13.70% |
| 2024-03-31 | $1.21B | 6.92% |
| 2023-12-31 | $1.14B | 13.44% |
| 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 | $1.98B | 14.89% |
| 2022-06-30 | $1.72B | 21.48% |
| 2022-03-31 | $1.42B | -1.84% |
| 2021-12-31 | $1.44B | -9.01% |
| 2021-09-30 | $1.59B | 11.40% |
| 2021-06-30 | $1.42B | 15.94% |
| 2021-03-31 | $1.23B | -11.35% |
| 2020-12-31 | $1.39B | -12.73% |
| 2020-09-30 | $1.59B | 16.46% |
| 2020-06-30 | $1.36B | 13.82% |
| 2020-03-31 | $1.20B | -13.12% |
| 2019-12-31 | $1.38B | -11.87% |
| 2019-09-30 | $1.56B | 19.96% |
| 2019-06-30 | $1.30B | 19.46% |
| 2019-03-31 | $1.09B | -9.81% |
| 2018-12-31 | $1.21B | -5.54% |
| 2018-09-30 | $1.28B | 20.31% |
| 2018-06-30 | $1.06B | 9.04% |
| 2018-03-31 | $976.30M | -16.21% |
| 2017-12-31 | $1.17B | -8.43% |
| 2017-09-30 | $1.27B | 19.19% |
| 2017-06-30 | $1.07B | 13.83% |
| 2017-03-31 | $937.90M | -7.70% |
| 2016-12-31 | $1.02B | -15.93% |
| 2016-09-30 | $1.21B | 15.78% |
| 2016-06-30 | $1.04B | 15.32% |
| 2016-03-31 | $905.20M | -14.80% |
| 2015-12-31 | $1.06B | -17.03% |
| 2015-09-30 | $1.28B | 29.84% |
| 2015-06-30 | $986.22M | 7.37% |
| 2015-03-31 | $918.51M | -21.04% |
| 2014-12-31 | $1.16B | -15.12% |
| 2014-09-30 | $1.37B | 25.26% |
| 2014-06-30 | $1.09B | 4.91% |
| 2014-03-31 | $1.04B | -11.95% |
| 2013-12-31 | $1.18B | -7.88% |
| 2013-09-30 | $1.29B | 21.23% |
| 2013-06-30 | $1.06B | 13.85% |
| 2013-03-31 | $931.60M | -13.83% |
| 2012-12-31 | $1.08B | -7.87% |
| 2012-09-30 | $1.17B | 21.24% |
| 2012-06-30 | $967.96M | 13.50% |
| 2012-03-31 | $852.81M | -19.98% |
| 2011-12-31 | $1.07B | -7.50% |
| 2011-09-30 | $1.15B | 23.79% |
| 2011-06-30 | $930.76M | 3.21% |
| 2011-03-31 | $901.80M | -13.50% |
| 2010-12-31 | $1.04B | -7.40% |
| 2010-09-30 | $1.13B | 24.21% |
| 2010-06-30 | $906.44M | 8.59% |
| 2010-03-31 | $834.78M | -17.88% |
| 2009-12-31 | $1.02B | -8.25% |
| 2009-09-30 | $1.11B | 15.65% |
| 2009-06-30 | $958.04M | -12.43% |
| 2009-03-31 | $1.09B | -15.57% |
| 2008-12-31 | $1.30B | -2.85% |
| 2008-09-30 | $1.33B | 6.56% |
| 2008-06-30 | $1.25B | 11.58% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BBU | Brookfield Business Partners | $56.08B | $11.96B |
| MDU | MDU Resources Group | $4.66B | $1.05B |
| VMI | Valmont Industries | $4.17B | $1.04B |
| GFF | Griffon | $2.69B | $647.81M |
| CODI | Compass Diversified | $2.06B | $542.60M |
| SPLP | Steel Partners | $1.91B | $533.16M |
| MATW | Matthews | $1.88B | $131.84M |
| TRC | Tejon Ranch | $44.74M | $5.69M |
MDU Revenue FAQ
What is MDU Resources Group’s yearly revenue?
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.
What is MDU Resources Group’s quarterly revenue?
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).
What is MDU Resources Group’s revenue growth rate?
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%.
What are MDU Resources Group’s revenue streams?
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
What is MDU Resources Group’s main source of 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.