MDU Resources Group Inc (MDU)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 198,662 | 539,898 | 462,100 | 466,600 | 475,100 |
| Revenue | US$ in thousands | 1,758,000 | 4,657,340 | 6,973,900 | 5,680,700 | 5,532,700 |
| Pretax margin | 11.30% | 11.59% | 6.63% | 8.21% | 8.59% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $198,662K ÷ $1,758,000K
= 11.30%
The pretax margin of MDU Resources Group Inc has fluctuated over the period under review. In 2020, the pretax margin stood at 8.59%, showing a slight decline to 8.21% in 2021. However, a more significant drop occurred in 2022, with the pretax margin decreasing to 6.63%. Subsequently, there was a notable recovery in 2023, with the pretax margin increasing to 11.59%. This positive trend continued into 2024, where the pretax margin remained strong at 11.30%. Overall, the pretax margin of MDU Resources Group Inc reflects variability in profitability performance, with improvements in recent years indicating potential operational efficiency enhancements or cost management strategies.
Peer comparison
Dec 31, 2024