MDU Resources Group Inc (MDU)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 198,661 | 409,903 | 426,227 | 555,928 | 482,200 | 495,200 | 586,951 | 469,651 | 462,034 | 417,634 | 406,083 | 441,183 | 466,565 | 495,565 | 508,465 | 508,665 | 475,100 | 448,900 | 431,600 | 381,600 |
| 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 |
| Pretax margin | 5.16% | 9.22% | 9.69% | 12.52% | 9.71% | 8.71% | 8.81% | 6.44% | 6.63% | 6.37% | 6.59% | 7.52% | 8.21% | 8.81% | 9.04% | 9.14% | 8.59% | 8.12% | 7.84% | 7.01% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $198,661K ÷ $3,847,380K
= 5.16%
MDU Resources Group Inc's pretax margin has shown fluctuations over the years according to the provided data. The pretax margin was relatively stable around the 7-9% range in the initial years, gradually improving to a peak of 12.52% on March 31, 2024. However, there was a substantial decrease in the pretax margin to 5.16% by December 31, 2024, indicating a notable drop in profitability. It is important for the company to analyze the reasons behind this significant decline and implement strategies to improve its profitability in the upcoming periods.
Peer comparison
Dec 31, 2024
Company name
Symbol
Pretax margin
MDU Resources Group Inc
MDU
5.16%
Knife River Corporation
KNF
9.35%
Martin Marietta Materials Inc
MLM
39.73%
Vulcan Materials Company
VMC
15.80%