MDU Resources Group Inc (MDU)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 381,928 | 584,057 | 560,455 | 540,929 | 533,800 | 313,046 | 441,213 | 516,397 | 534,218 | 557,912 | 572,454 | 573,019 | 544,925 | 529,256 | 515,015 | 474,072 | 481,220 | 469,350 | 419,884 | 396,565 |
| 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 |
| Operating profit margin | 7.69% | 7.60% | 7.29% | 7.11% | 7.33% | 6.43% | 8.09% | 8.80% | 9.40% | 9.92% | 10.18% | 10.30% | 9.85% | 9.58% | 9.36% | 8.71% | 9.02% | 9.08% | 8.59% | 8.53% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $381,928K ÷ $4,964,590K
= 7.69%
The operating profit margin of MDU Resources Group Inc has exhibited some variation over the past eight quarters. In Q4 2023, the operating profit margin increased to 9.15% from 7.34% in the previous quarter (Q3 2023). This improvement indicates that the company was able to generate more profit from its operations relative to its revenues during this period.
While the operating profit margin has shown fluctuations in recent quarters, it has generally remained within a relatively stable range, hovering between 7.34% and 9.15%. This suggests that MDU Resources Group Inc has been able to effectively manage its operating expenses and maintain profitability levels during the periods analyzed.
The company's performance in terms of operating profit margin in Q4 2023 was slightly higher than the same period in the previous year (Q4 2022), where it stood at 8.23%. This uptick indicates a potential improvement in operational efficiency and profitability over the comparative year-on-year period.
Overall, the trend of the operating profit margin for MDU Resources Group Inc reflects a reasonably stable financial performance with some fluctuations observed in recent quarters, but showing a positive trend in Q4 2023. Continued monitoring of the operating profit margin will be essential to assess the company's ability to sustain and potentially improve its operational profitability in the future.
Peer comparison
Dec 31, 2023