MDU Resources Group Inc (MDU)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 7,039,000 | 8,172,650 | 7,960,340 | 7,839,870 | 7,833,000 | 7,869,150 | 7,684,850 | 9,842,590 | 9,660,780 | 9,607,130 | 9,329,120 | 8,970,720 | 8,910,440 | 8,568,860 | 8,298,210 | 8,069,280 | 8,053,370 | 8,125,000 | 7,911,000 | 7,851,000 |
| Operating ROA | 3.77% | 5.60% | 5.67% | 5.66% | 4.88% | 5.30% | 7.06% | 5.90% | 5.94% | 5.41% | 5.35% | 5.76% | 6.00% | 6.51% | 6.90% | 7.10% | 6.77% | 6.51% | 6.51% | 6.04% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $265,642K ÷ $7,039,000K
= 3.77%
MDU Resources Group Inc's operating return on assets (ROA) has fluctuated over the period from March 31, 2020, to December 31, 2024. The operating ROA started at 6.04% in March 2020, increased to 7.10% in March 2021, and then slightly decreased to 5.35% in June 2022. It peaked again at 7.06% in June 2023 before declining to 3.77% by December 2024.
The trend in MDU Resources Group Inc's operating ROA indicates some volatility in the company's ability to generate operating income relative to its total assets. The highest points in the operating ROA correspond to March 2021 and June 2023, suggesting periods of more efficient asset utilization. Conversely, the downward trend towards the end of the period indicates a decrease in operating performance or asset efficiency.
It is important for investors and analysts to closely monitor MDU Resources Group Inc's operating ROA to assess the company's management of its assets and operational efficiency, as fluctuations in this ratio can have implications for the company's profitability and overall financial health.
Peer comparison
Dec 31, 2024