Mdu Resources (MDU) Shares Outstanding (Diluted) (2009 - 2026)
Mdu Resources (MDU) posted Shares Outstanding (Diluted) of 211.66 million for Q2 2026, up 3.1% from 205.21 million a year earlier and up 2.3% from the prior quarter.
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Analysis
Mdu Resources (MDU) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Mdu Resources' Shares Outstanding (Diluted) came in at 205.3 million, up 0.3% from FY2024.
- Annual Shares Outstanding (Diluted) has increased for eight consecutive years, with a five-year compound annual growth rate of 0.5% (FY2020 to FY2025).
- In prior years, Mdu Resources' Shares Outstanding (Diluted) was 204.65 million in FY2024 (+0.4%), 203.94 million in FY2023 (+0.2%), 203.46 million in FY2022 (+0.5%) and 202.38 million in FY2021 (+0.9%).
- The Q2 2026 figure stands as the highest quarterly Shares Outstanding (Diluted) in data going back to Q1 2009.
- On a year-over-year basis, Shares Outstanding (Diluted) has increased in each of the last 33 quarters, with growth averaging 0.8% over the last eight quarters.
- Across the past five years, year-over-year growth in Shares Outstanding (Diluted) ran from 0.1% in Q3 2023 to 3.1% in Q2 2026.
- According to Business Quant data, Shares Outstanding (Diluted) for the three prior quarters was 206.99 million (Q1 2026), 205.3 million (Q4 2025) and 205.29 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 69.17 Bn |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | 994.20 Mn |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 882.10 Mn |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 627.00 Mn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 328.90 Mn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 278.70 Mn |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 503.70 Mn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 169.37 Mn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 196.00 Mn |
| 10 | Mdu Resources | 3.90 Bn | 3.70 Bn | - | 211.66 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 211.66 Mn |
| Mar 31, 2026 | 206.99 Mn |
| Dec 31, 2025 | 205.30 Mn |
| Sep 30, 2025 | 205.29 Mn |
| Jun 30, 2025 | 205.21 Mn |
| Mar 31, 2025 | 204.96 Mn |
| Dec 31, 2024 | 204.65 Mn |
| Sep 30, 2024 | 204.68 Mn |
| Jun 30, 2024 | 204.58 Mn |
| Mar 31, 2024 | 204.19 Mn |
| Dec 31, 2023 | 203.94 Mn |
| Sep 30, 2023 | 203.89 Mn |
| Jun 30, 2023 | 203.88 Mn |
| Mar 31, 2023 | 203.91 Mn |
| Dec 31, 2022 | 203.46 Mn |
| Sep 30, 2022 | 203.64 Mn |
| Jun 30, 2022 | 203.40 Mn |
| Mar 31, 2022 | 203.39 Mn |
| Dec 31, 2021 | 202.38 Mn |
| Sep 30, 2021 | 203.19 Mn |
API Access
Mdu Resources Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=MDU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=MDU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();