undamentalytics Newsletter

MDU Resources Group vs Unitil

MDU Resources Group is the larger business, with $1.88bn of revenue in fiscal 2025 against $536m for Unitil (3.5 times as much). Unitil grew faster (8.3% against 6.7%). MDU Resources Group kept more of each dollar of sales as profit: a net margin of 10.2% against 9.4%.

Latest fiscal yearMDU Resources GroupMDU, 2025UnitilUTL, 2025
Revenue $1.88bn $536m
Revenue growth 6.7% 8.3%
Net income $190m $50.2m
Operating margin 15.5% —
Net margin 10.2% 9.4%
Return on equity 7.0% 8.9%
Free cash flow −$297m −$53.8m
Cash $28.2m $15.6m
Total debt $2.68bn $926m
Debt to equity 96.5% —
Dividend per share $0.54 $1.80
Dividend yield 2.7% 3.3%
Share buybacks $0 —
Employees 2,096 595
Market value $4.19bn $1.01bn
Price vs our value range — —
Moat score 48 (Moderate) 27 (Weak)
Insider trades, 12 months 1 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.