Mdu Resources (MDU) Tax Rate (2009 - 2026)
Mdu Resources' (MDU) quarterly Tax Rate came in at 5.46% in Q1 2026, down 395.0% year-on-year from 1.85% in Q1 2025, and down 42.18% quarter-over-quarter from 9.45% in Q4 2025.
Mdu Resources (MDU) Tax Rate (2009 - 2026) Analysis & Trends
Mdu Resources has disclosed Tax Rate across 18 years of filings, most recently posting 5.46% for Q1 2026.
- Tax Rate for Q1 2026 came in at 5.46%, down 395.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.63% (down 145.0% YoY), and the FY2025 annual result was 9.28%, up 42.0% from the prior year.
- Tax Rate came in at 5.46% for Q1 2026 at Mdu Resources, down from 9.45% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 133.04% in Q4 2023 to a low of 4.42% in Q2 2025.
- The 5-year median for Tax Rate is 11.44% (2025), against an average of 20.99%.
- Across the five-year window, Tax Rate soared 9023 bps in 2023 and slumped 12496 bps in 2024, its largest moves.
- Mdu Resources' Tax Rate stood at 42.81% in 2022, then surged by 211 bps to 133.04% in 2023, then slumped by 94 bps to 8.08% in 2024, then grew by 17 bps to 9.45% in 2025, then slumped by 42 bps to 5.46% in 2026.
- The last three Tax Rate figures came in at 5.46% (Q1 2026), 9.45% (Q4 2025), and 11.44% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 20.68% |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 13.36% |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 21.21% |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 23.44% |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 11.68% |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 17.06% |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 5.46% |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 45.04% |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 26.52% |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | -70.00% |
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% |