MDU Resources Group Inc (MDU)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 281,108 | 414,707 | 367,489 | 378,131 | 390,205 |
| Revenue | US$ in thousands | 1,758,000 | 4,657,340 | 6,973,900 | 5,680,700 | 5,532,700 |
| Net profit margin | 15.99% | 8.90% | 5.27% | 6.66% | 7.05% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $281,108K ÷ $1,758,000K
= 15.99%
The net profit margin of MDU Resources Group Inc has displayed varying trends over the past five years. In December 2020, the net profit margin stood at 7.05%, which declined slightly to 6.66% by the end of 2021. However, in 2022, there was a more significant decrease as the net profit margin dropped to 5.27%. The following year, in 2023, there was a notable improvement in the net profit margin, increasing to 8.90%. The most significant improvement was seen in December 2024, where the net profit margin surged to 15.99%.
Overall, the net profit margin of MDU Resources Group Inc has shown fluctuations, indicating changes in the company's profitability over the years. It is essential for investors and stakeholders to closely monitor these trends to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2024