MDU Resources Group Inc (MDU)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 414,707 | 361,062 | 434,104 | 374,079 | 367,489 | 336,935 | 328,240 | 357,763 | 378,131 | 403,891 | 417,693 | 417,206 | 390,205 | 372,976 | 357,535 | 319,657 | 335,453 | 319,216 | 288,830 | 270,807 |
| Revenue (ttm) | US$ in thousands | 4,964,590 | 7,683,780 | 7,685,470 | 7,604,090 | 7,283,310 | 4,871,920 | 5,455,440 | 5,869,350 | 5,680,730 | 5,622,770 | 5,624,050 | 5,563,320 | 5,532,750 | 5,525,800 | 5,502,310 | 5,442,950 | 5,336,770 | 5,168,440 | 4,885,430 | 4,646,460 |
| Net profit margin | 8.35% | 4.70% | 5.65% | 4.92% | 5.05% | 6.92% | 6.02% | 6.10% | 6.66% | 7.18% | 7.43% | 7.50% | 7.05% | 6.75% | 6.50% | 5.87% | 6.29% | 6.18% | 5.91% | 5.83% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $414,707K ÷ $4,964,590K
= 8.35%
The net profit margin of MDU Resources Group Inc has shown fluctuations over the past eight quarters, ranging from 5.13% to 8.90%. The highest net profit margin was recorded in Q4 2023 at 8.90%, indicating that for every dollar of revenue generated in that quarter, the company retained $0.089 as profit after accounting for all expenses.
Comparing this to previous quarters, there was a significant improvement from Q1 2023, where the net profit margin was 5.13%. This suggests that the company was able to control costs better or increase revenue sources, leading to a higher profit margin.
Overall, the trend in the net profit margin of MDU Resources Group Inc appears relatively stable, with fluctuations within a moderate range. It is important for stakeholders to monitor this ratio closely to assess the company's operational efficiency and profitability levels.
Peer comparison
Dec 31, 2023