Mdu Resources (MDU) Tax Rate (2009 - 2026)
Mdu Resources (MDU) posted Tax Rate of 5.46% for Q1 2026, down 42.18% sequentially from 9.45% in Q4 2025, and down 395.0% YoY from 1.85% in Q1 2025.
Mdu Resources (MDU) Tax Rate (2009 - 2026) Analysis & Trends
Mdu Resources (MDU) has 18 years of Tax Rate data on file, last reported at 5.46% in Q1 2026.
- Quarterly Tax Rate fell 395.0% year-over-year to 5.46% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.63% (down 145.0% YoY) and the FY2025 annual result came in at 9.28%, up 42.0% from the prior year.
- Tax Rate fell to 5.46% in Q1 2026 per MDU's latest filing, from 9.45% in the prior quarter.
- The five-year high for Tax Rate was 133.04% in Q4 2023, with the low at 4.42% in Q2 2025.
- Average Tax Rate over 5 years is 20.99%, with a median of 11.44% recorded in 2025.
- Year-over-year, Tax Rate jumped 9023 bps in 2023 and plunged 12496 bps in 2024.
- Mdu Resources' Tax Rate stood at 42.81% in 2022, then surged by 211 bps to 133.04% in 2023, then tumbled by 94 bps to 8.08% in 2024, then gained by 17 bps to 9.45% in 2025, then tumbled by 42 bps to 5.46% in 2026.
- Business Quant data shows MDU's Tax Rate at 5.46% in Q1 2026, 9.45% in Q4 2025, and 11.44% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | 20.68% |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 13.36% |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 21.21% |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 23.44% |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | 11.68% |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 17.06% |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | 5.46% |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 26.52% |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | 45.04% |
| 10 | Rgc Resources | 248.35 Mn | 244.36 Mn | 39.84 Mn | 22.58% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.46% |
| Mar 31, 2026 | 5.46% |
| Dec 31, 2025 | 9.45% |
| Dec 31, 2025 | 9.45% |
| Sep 30, 2025 | 11.44% |
| Sep 30, 2025 | 11.44% |
| Jun 30, 2025 | 4.42% |
| Jun 30, 2025 | 4.42% |
| Mar 31, 2025 | 9.41% |
| Mar 31, 2025 | 9.41% |
| Dec 31, 2024 | 8.08% |
| Dec 31, 2024 | 8.08% |
| Sep 30, 2024 | 5.32% |
| Sep 30, 2024 | 5.32% |
| Jun 30, 2024 | 13.63% |
| Jun 30, 2024 | 13.63% |
| Mar 31, 2024 | 8.92% |
| Mar 31, 2024 | 8.92% |
| Dec 31, 2023 | 133.04% |
| Dec 31, 2023 | 133.04% |