MDU Resources Group, Inc. (MDU) is a publicly traded company in the Utilities — Regulated Gas industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
MDU Resources Group, Inc. operates across two primary sectors within the United States: regulated energy provision and a diverse range of construction materials and services. Its Electric division is responsible for producing, moving, and supplying electricity to homes, businesses, industrial facilities, and municipalities across Montana, North Dakota, South Dakota, and Wyoming.
Is MDU Resources Group, Inc. stock overvalued or undervalued in 2026?
MDU Resources Group, Inc. (MDU) trades at 20.8× earnings (P/E), in line with the median of the 83 utilities companies over $2bn in Kaplio's universe. At the decade median (6.7×) $6 (-68 %); at its sector median (20.7×) $20 (0 %).
Kaplio overview: MDU Resources Group, Inc.
Market cap $4B · 52 weeks $18 – $23 (12 % below the high) · P/E 20.8× · 2027 expected P/E 18.7× · Dividend 2.9 % · Next earnings November 5, 2026 · expected EPS $0.10 · Closing price, Oct 30 · accounts published Aug 6.
- Valuation: P/E 20.8× (expensive).
- Business: ROE 6.9 % (weak).
- Balance sheet: Net debt/EBITDA 5.2× (passes, near the threshold).
- Earnings: 5 of 8 (uneven).
What would it be worth at its usual multiples?
At the decade median (6.7×) $6 (-68 %); at its sector median (20.7×) $20 (0 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in utilities: 2 of 6 pass
- Regulated ROE (8-12%) 6.9 %, fails.
- 5y EPS growth −13.7 %, fails.
- 10y dividend growth −3.2 %, fails.
- Interest coverage 2.7×, fails.
- Net debt / EBITDA 5.2×, passes, near the threshold.
- Payout Ratio 56.9 %, passes.
Against its peers (reference peers) — MDU Resources Group, Inc.: P/E 20.8×; EV/EBITDA 12.1×; ROIC 3.9 %; $4.1B. Franklin Electric Co., Inc. (P/E 27.5×; EV/EBITDA 13.7×; ROIC 9.6 %; $4.2B), Atmus Filtration Technologies Inc. (P/E 17.5×; EV/EBITDA 12.6×; ROIC 16.8 %; $3.7B), Seaboard Corporation (P/E 5.9×; EV/EBITDA 6.9×; ROIC 4.5 %; $3.7B).
Expensive or cheap against its last 9 years?
P/E at each close: today 20.8× · median 6.7× · minimum 4.1× · maximum 23.8× · cheap below 6.1× · expensive above 9.0×. It has been cheaper than today 95% of the time over its last 9 years.
Dividend
tight · Yield 2.9 % ($0.53 per share in 2025) · Years raising it 1 · 5-year growth -9 % a year · Free cash flow coverage -1.4× · With $1,000 invested today you'd collect $28.50 a year ($2.38 a month).
Profitability
| Return on Equity | 6.95% |
| Return on Invested Capital | 3.94% |
| Return on Assets | 2.55% |
| Gross Margin | 35.20% |
| Operating Margin | 16.98% |
| Net Margin | 10.75% |
Financial Health
| Debt / Equity | 0.88 |
| Current Ratio | 0.99 |
| Piotroski F-Score | 4 |
| Altman Z-Score | 1.03 |
Price Performance
| 1 month | +6.31% |
| 3 months | -1.20% |
| Year-to-date | +0.97% |
| 1 year | +1.39% |
| 3 years | +91.36% |
| 5 years | +68.89% |
| 10 years | +102.36% |
Dividend History
Paid in the last 12 months: $0.5650 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-10 | $0.1450 |
| 2026-06-11 | $0.1400 |
| 2026-03-12 | $0.1400 |
| 2025-12-11 | $0.1400 |
| 2025-09-11 | $0.1400 |
| 2025-06-12 | $0.1300 |
| 2025-03-13 | $0.1300 |
| 2024-12-12 | $0.1300 |
| 2024-09-12 | $0.0720 |
| 2024-06-13 | $0.0692 |
Amounts adjusted for stock splits.
Related companies: IEP · FELE · SKYW · WSC · AGX · ECG · ATMU · MWA
Explore sector: Utilities · Regulated Gas
More sections of MDU: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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