MDU Resources Group Inc (MDU)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 32.53% | 13.36% | 16.42% | 18.39% | 18.93% |
| Operating profit margin | 15.11% | 9.15% | 8.23% | 9.40% | 9.85% |
| Pretax margin | 11.30% | 11.59% | 6.63% | 8.21% | 8.59% |
| Net profit margin | 15.99% | 8.90% | 5.27% | 6.66% | 7.05% |
MDU Resources Group Inc's profitability ratios show a mixed trend over the years. The gross profit margin has slightly declined from 18.93% in 2020 to 16.42% in 2022 before jumping to 32.53% in 2024, indicating a significant improvement in the company's ability to generate profit after accounting for the cost of goods sold.
The operating profit margin has fluctuated, starting at 9.85% in 2020, decreasing to 8.23% in 2022, and then rising to 15.11% in 2024. This suggests some variability in the company's operating efficiency and cost management during the period under review.
The pretax margin declined from 8.59% in 2020 to 6.63% in 2022 before increasing to 11.30% in 2024. This indicates fluctuations in the company's ability to generate profit before accounting for taxes, potentially impacted by changes in revenue and expenses over the years.
The net profit margin also displayed a varied trend, decreasing from 7.05% in 2020 to 5.27% in 2022 and then significantly increasing to 15.99% in 2024. This improvement in the net profit margin indicates that MDU Resources Group Inc was able to increase its bottom-line profitability, possibly through enhanced cost management or revenue growth initiatives.
Overall, while the company experienced fluctuations in its profitability ratios over the years, the significant improvement in the gross profit and net profit margins in 2024 suggests potential positive developments in the company's financial performance and efficiency.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 3.77% | 5.44% | 5.94% | 6.00% | 6.77% |
| Return on assets (ROA) | 3.99% | 5.29% | 3.80% | 4.24% | 4.85% |
| Return on total capital | 11.41% | 22.51% | 10.61% | 16.56% | 18.55% |
| Return on equity (ROE) | 10.45% | 14.27% | 10.24% | 11.18% | 12.67% |
MDU Resources Group Inc's profitability ratios show a mixed performance over the years.
- The Operating return on assets (Operating ROA) declined from 6.77% in December 2020 to 3.77% in December 2024, indicating a decrease in the company's operating efficiency in generating profits from its assets.
- Return on assets (ROA) also fluctuated, reaching a peak of 5.29% in December 2023 but dropping to 3.99% by December 2024. This indicates that the company's overall ability to generate profit from its total assets has shown variability.
- Return on total capital peaked at 22.51% in December 2023, indicating strong returns on the company's total invested capital. However, by December 2024, this ratio decreased significantly to 11.41%, suggesting a decline in the company's profitability relative to its total capital.
- Return on equity (ROE) experienced fluctuations as well, with the highest point at 14.27% in December 2023 and the lowest at 10.24% in December 2022. The ROE dropped to 10.45% by December 2024, indicating a decrease in the company's ability to generate returns for its equity shareholders.
Overall, MDU Resources Group Inc's profitability ratios show a varying trend over the years, reflecting changes in the company's operational efficiency, asset utilization, capital management, and returns to equity investors.