MDU Resources Group Inc (MDU)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 265,642 | 425,978 | 574,000 | 534,200 | 544,900 |
| Revenue | US$ in thousands | 1,758,000 | 4,657,340 | 6,973,900 | 5,680,700 | 5,532,700 |
| Operating profit margin | 15.11% | 9.15% | 8.23% | 9.40% | 9.85% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $265,642K ÷ $1,758,000K
= 15.11%
Based on the provided data, MDU Resources Group Inc's operating profit margin has shown some fluctuations over the past five years. In December 2020, the operating profit margin stood at 9.85%, slightly decreasing to 9.40% by December 2021. There was a more significant drop in the margin to 8.23% by December 2022. However, the margin rebounded in December 2023 to 9.15% before experiencing a substantial increase to 15.11% by December 2024.
This fluctuation in the operating profit margin could be attributed to various factors such as changes in revenue, operating expenses, or efficiency improvements within the company. It is essential for investors and stakeholders to monitor these fluctuations closely to understand the company's performance and profitability trends over time.
Peer comparison
Dec 31, 2024