How MDU Resources Group makes money

Period

FY2025

How does MDU Resources Group make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

MDU Resources Group Inc. Common Stock (Holding Company) · FY2025 · year ended 2025-12-31

Revenue$1.9BGross profit$1.9B · 100%Cost of revenue$0 · 0%Operating income$290M · 16%Operating expenses$1.6B · 84%SG&A$433M · 23%Other opex$1.1B · 61%Pre-tax income$210M · 11%Other expense$80M · 4%Net income$190M · 10%Income tax$20M · 1%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.