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.