Mdu Resources (MDU) Debt Ratio (2009 - 2026)
Mdu Resources' Debt Ratio came in at 0.33 for Q2 2026, up 6.4% from 0.31 a year earlier but down 1.1% from the prior quarter.
Analysis
Mdu Resources (MDU) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Mdu Resources' Debt Ratio was 0.35, up 7.8% from FY2024.
- Debt Ratio has increased in each of the last three years.
- Going back by year, Debt Ratio was 0.33 in FY2024 (+12.8%), 0.29 in FY2023 (+16.0%), 0.25 in FY2022 (-19.1%) and 0.31 in FY2021 (+9.5%).
- The five-year range for quarterly Debt Ratio is 0.22 (Q2 2022) to 0.35 (Q4 2025).
- Year-over-year, Debt Ratio has increased for seven consecutive quarters, with growth averaging 6.7% over the last eight quarters.
- The fastest year-over-year change in Debt Ratio over five years came in Q2 2023 (growth of 50.4%), and the weakest in Q2 2022 (a decline of 22.0%).
- Business Quant data shows MDU's Debt Ratio at 0.34 (Q1 2026), 0.35 (Q4 2025) and 0.33 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.23 Bn | 59.76 Bn | - | -0.04 |
| 3 | Dominion Energy | 53.03 Bn | 55.71 Bn | - | 0.44 |
| 4 | Xcel Energy | 43.33 Bn | 38.23 Bn | - | 0.45 |
| 5 | Wec Energy | 33.06 Bn | 33.29 Bn | 1.51 Bn | 0.43 |
| 6 | Ameren | 27.51 Bn | 27.60 Bn | - | 0.43 |
| 7 | Fortis | 26.94 Bn | 27.43 Bn | 1.60 Bn | 0.46 |
| 8 | Atmos Energy | 26.53 Bn | 25.30 Bn | 870.85 Mn | 0.32 |
| 9 | American Water Works Company | 25.62 Bn | 25.03 Bn | - | 0.44 |
| 10 | Mdu Resources | 3.90 Bn | 3.69 Bn | - | 0.33 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.33 |
| Mar 31, 2026 | 0.34 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 0.31 |
| Mar 31, 2025 | 0.32 |
| Dec 31, 2024 | 0.33 |
| Sep 30, 2024 | 0.28 |
| Jun 30, 2024 | 0.28 |
| Mar 31, 2024 | 0.29 |
| Dec 31, 2023 | 0.29 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.34 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.24 |
| Jun 30, 2022 | 0.22 |
| Mar 31, 2022 | 0.32 |
| Dec 31, 2021 | 0.31 |
| Sep 30, 2021 | 0.28 |
API Access
Mdu Resources Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=MDU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "MDU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=MDU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();