Mdu Resources (MDU) Debt to Equity (2009 - 2026)

Mdu Resources (MDU) posted Debt to Equity of $0.89 for Q1 2026, down 7.39% sequentially from $0.97 in Q4 2025, and up 11.8% YoY from $0.8 in Q1 2025.

Mdu Resources (MDU) Debt to Equity (2009 - 2026) Analysis & Trends

Mdu Resources (MDU) has 18 years of Debt to Equity data on file, last reported at $0.89 in Q1 2026.

  • Quarterly Debt to Equity rose 11.8% year-over-year to $0.89 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.89 (up 11.8% YoY) and the FY2025 annual result came in at $0.97, up 13.29% from the prior year.
  • Debt to Equity declined to $0.89 in Q1 2026 per MDU's latest filing, from $0.97 in the prior quarter.
  • The five-year high for Debt to Equity was $0.97 in Q4 2025, with the low at $0.59 in Q2 2022.
  • Average Debt to Equity over 5 years is $0.78, with a median of $0.8 recorded in 2025.
  • Year-over-year, Debt to Equity retreated 20.66% in 2022 and surged 40.36% in 2023.
  • Mdu Resources' Debt to Equity stood at $0.66 in 2022, then gained by 15.27% to $0.76 in 2023, then grew by 12.53% to $0.85 in 2024, then increased by 13.29% to $0.97 in 2025, then slipped by 7.39% to $0.89 in 2026.
  • Business Quant data shows MDU's Debt to Equity at $0.89 in Q1 2026, $0.97 in Q4 2025, and $0.86 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - 0.64
2 Nisource 22.46 Bn 24.65 Bn 1.83 Bn 1.40
3 Ugi 7.39 Bn 6.84 Bn 1.50 Bn 1.25
4 New Jersey Resources 5.67 Bn 5.53 Bn 826.91 Mn 1.30
5 Black Hills 5.61 Bn 5.58 Bn - 1.05
6 ONE Gas 4.80 Bn 4.77 Bn 438.14 Mn 0.68
7 Mdu Resources 4.26 Bn 4.20 Bn - 0.89
8 Chesapeake Utilities 2.94 Bn 2.94 Bn 102.40 Mn 0.12
9 Centuri Holdings 2.87 Bn 2.82 Bn 35.76 Mn 0.74
10 Rgc Resources 248.35 Mn 244.36 Mn 39.84 Mn 86,320.31

Historic Data

Download Data
DateValue
Mar 31, 2026 0.89
Dec 31, 2025 0.97
Sep 30, 2025 0.86
Jun 30, 2025 0.80
Mar 31, 2025 0.80
Dec 31, 2024 0.85
Sep 30, 2024 0.76
Jun 30, 2024 0.75
Mar 31, 2024 0.76
Dec 31, 2023 0.76
Sep 30, 2023 0.85
Jun 30, 2023 0.83
Mar 31, 2023 0.70
Dec 31, 2022 0.66
Sep 30, 2022 0.65
Jun 30, 2022 0.59
Mar 31, 2022 0.80
Dec 31, 2021 0.81
Sep 30, 2021 0.70
Jun 30, 2021 0.75