MDU Resources Group Inc (MDU)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 265,642 | 457,297 | 451,093 | 443,347 | 381,900 | 417,300 | 542,551 | 581,151 | 573,994 | 519,994 | 499,343 | 516,443 | 534,264 | 557,964 | 572,464 | 573,064 | 545,000 | 529,300 | 515,100 | 474,100 |
| Revenue (ttm) | US$ in thousands | 3,847,380 | 4,447,180 | 4,397,460 | 4,441,020 | 4,964,500 | 5,688,400 | 6,664,810 | 7,294,610 | 6,973,870 | 6,557,770 | 6,166,560 | 5,869,360 | 5,680,740 | 5,622,840 | 5,624,140 | 5,563,340 | 5,532,800 | 5,525,800 | 5,502,300 | 5,443,000 |
| Operating profit margin | 6.90% | 10.28% | 10.26% | 9.98% | 7.69% | 7.34% | 8.14% | 7.97% | 8.23% | 7.93% | 8.10% | 8.80% | 9.40% | 9.92% | 10.18% | 10.30% | 9.85% | 9.58% | 9.36% | 8.71% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $265,642K ÷ $3,847,380K
= 6.90%
MDU Resources Group Inc's operating profit margin has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at 8.71% in March 2020, increased gradually reaching a peak of 10.30% in March 2021, before slightly decreasing to 9.40% by December 2021.
However, from March 2022 to March 2024, there was a downward trend in the operating profit margin, with the lowest point being 7.34% in September 2023. This decline could indicate challenges in controlling operating expenses relative to revenue during this period.
The operating profit margin improved significantly in the second half of 2024, reaching 10.28% in September 2024, before dropping again to 6.90% by December 2024. This sharp decrease at the end of 2024 may raise concerns about the company's ability to generate profits from its core operations efficiently.
Overall, the analysis suggests that MDU Resources Group Inc experienced fluctuations in its operating profit margin over the period examined, indicating potential challenges in maintaining profitability and cost control. Further investigation into the reasons behind these fluctuations could provide valuable insights into the company's operational efficiency and financial performance.
Peer comparison
Dec 31, 2024