MDU Resources Group Inc (MDU)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 944,395 | 694,895 | 686,803 | 737,639 | 779,900 | 914,500 | 1,085,711 | 1,167,411 | 1,145,159 | 1,076,659 | 1,040,748 | 1,038,448 | 1,044,921 | 1,066,821 | 1,080,621 | 1,078,421 | 1,047,400 | 1,025,400 | 999,700 | 945,600 |
| Revenue (ttm) | US$ in thousands | 3,847,380 | 4,447,180 | 4,397,460 | 4,441,020 | 4,964,500 | 5,688,400 | 6,664,810 | 7,294,610 | 6,973,870 | 6,557,770 | 6,166,560 | 5,869,360 | 5,680,740 | 5,622,840 | 5,624,140 | 5,563,340 | 5,532,800 | 5,525,800 | 5,502,300 | 5,443,000 |
| Gross profit margin | 24.55% | 15.63% | 15.62% | 16.61% | 15.71% | 16.08% | 16.29% | 16.00% | 16.42% | 16.42% | 16.88% | 17.69% | 18.39% | 18.97% | 19.21% | 19.38% | 18.93% | 18.56% | 18.17% | 17.37% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $944,395K ÷ $3,847,380K
= 24.55%
The gross profit margin of MDU Resources Group Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The margin started at 17.37% in March 2020 and gradually increased to a peak of 24.55% in December 2024.
During this period, the company experienced both increases and decreases in its gross profit margin, indicating variability in its ability to generate profits from its core operations. Notable fluctuations can be observed in the margin, with some quarters showing significant improvements while others displaying decreases.
It is important for stakeholders to further investigate the factors contributing to these fluctuations to assess the company's operational efficiency, pricing strategy, cost management, and overall performance. Additional analysis and comparison with industry benchmarks can provide insights into the company's competitiveness and financial health.
Peer comparison
Dec 31, 2024