MDU Resources Group, Inc. (MDU)

Solvency & Capital Structure

Total Debt

$2.60B

Net Debt

$2.54B

MDU Resources Group, Inc. currently has $2.60B in total debt. Net debt is $2.54B after cash offsets.

Financial Fundamentals

MDU • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	2.60	0.05	2.54	7.68	33.8%
2025-12-31	2.74	0.03	2.71	7.76	35.3%
2025-09-30	2.35	0.08	2.28	7.19	32.7%
2025-06-30	2.18	0.06	2.12	6.95	31.4%
2025-03-31	2.19	0.06	2.13	6.96	31.5%
2024-12-31	2.29	0.05	2.24	7.04	32.6%
2024-09-30	2.54	0.10	2.44	8.17	31.1%
2024-06-30	2.48	0.09	2.39	7.96	31.2%
2024-03-31	2.46	0.09	2.37	7.84	31.4%
2023-12-31	2.26	0.06	2.20	7.94	28.5%
2023-09-30	2.72	0.31	2.41	7.87	34.6%
2023-06-30	2.67	0.30	2.37	7.68	34.7%
2023-03-31	3.47	0.09	3.37	9.84	35.2%
2022-12-31	2.48	0.03	2.44	9.66	25.7%
2022-09-30	3.21	0.07	3.13	9.61	33.4%
2022-06-30	3.14	0.07	3.08	9.33	33.7%
2022-03-31	2.97	0.06	2.90	8.97	33.1%
2021-12-31	2.87	0.05	2.81	8.91	32.2%
2021-09-30	2.49	0.06	2.43	8.57	29.0%
2021-06-30	2.50	0.06	2.44	8.30	30.1%
2021-03-31	2.42	0.06	2.37	8.07	30.0%
2020-12-31	2.38	0.06	2.32	8.05	29.6%
2020-09-30	2.47	0.07	2.40	8.13	30.4%
2020-06-30	2.47	0.06	2.41	7.91	31.3%
2020-03-31	2.57	0.12	2.45	7.85	32.7%
2019-12-31	2.36	0.07	2.29	7.68	30.7%
2019-09-30	2.51	0.07	2.44	7.73	32.4%
2019-06-30	2.59	0.07	2.52	7.59	34.1%
2019-03-31	2.38	0.05	2.33	7.28	32.6%
2018-12-31	2.11	0.05	2.05	6.99	30.2%
2018-09-30	1.92	0.07	1.85	6.72	28.5%
2018-06-30	1.85	0.04	1.81	6.53	28.4%
2018-03-31	1.78	0.06	1.72	6.35	28.0%
2017-12-31	1.71	0.03	1.68	6.33	27.1%
2017-09-30	1.74	0.04	1.70	6.34	27.4%
2017-06-30	1.76	0.04	1.72	6.23	28.3%
2017-03-31	1.70	0.05	1.65	6.15	27.7%
2016-12-31	1.79	0.05	1.74	6.28	28.5%
2016-09-30	1.90	0.06	1.84	6.35	29.9%
2016-06-30	1.99	0.09	1.90	6.39	31.1%
2016-03-31	1.99	0.09	1.90	6.73	29.5%
2015-12-31	1.92	0.08	1.83	6.75	28.4%
2015-09-30	2.30	0.09	2.22	7.12	32.4%
2015-06-30	2.40	0.14	2.26	7.27	33.1%
2015-03-31	2.21	0.12	2.08	7.45	29.6%
2014-12-31	2.09	0.08	2.01	7.93	26.4%
2014-09-30	2.21	0.23	1.98	7.85	28.2%
2014-06-30	2.19	0.09	2.10	7.73	28.3%
2014-03-31	2.11	0.08	2.02	7.46	28.2%
2013-12-31	1.87	0.05	1.82	7.09	26.3%
2013-09-30	2.02	0.07	1.95	7.19	28.1%
2013-06-30	2.04	0.11	1.92	7.11	28.7%
2013-03-31	1.83	0.07	1.75	6.84	26.7%
2012-12-31	1.77	0.05	1.72	6.68	26.5%
2012-09-30	1.75	0.07	1.68	6.90	25.4%
2012-06-30	1.67	0.10	1.56	6.90	24.1%
2012-03-31	1.42	0.09	1.32	6.54	21.7%
2011-12-31	1.42	0.16	1.26	6.56	21.7%
2011-09-30	1.42	0.12	1.30	6.36	22.4%
2011-06-30	1.43	0.11	1.32	6.26	22.9%
2011-03-31	1.43	0.14	1.29	6.19	23.0%
2010-12-31	1.53	0.22	1.30	6.30	24.2%
2010-09-30	1.52	0.04	1.48	0.01	24440.1%
2010-06-30	1.58	0.07	1.52	6.10	26.0%
2010-03-31	1.51	0.11	1.40	5.98	25.2%
2009-12-31	1.51	0.18	1.33	5.99	25.2%
2009-09-30	1.50	0.06	1.44	5.87	25.5%
2009-06-30	1.66	0.04	1.63	5.82	28.6%
2009-03-31	1.67	0.05	1.62	5.86	28.5%
2008-12-31	1.75	0.05	1.70	6.59	26.6%
2008-09-30	1.59	0.06	1.54	6.26	25.5%
2008-06-15	1.64	0.08	1.56	6.21	26.4%
2008-03-31	1.48	0.07	1.41	5.83	25.4%
2007-12-31	1.31	0.11	1.20	5.59	23.4%
2007-09-30	1.28	0.09	1.18	5.49	23.3%
2007-06-30	1.36	0.07	1.29	5.10	26.6%
2007-03-31	1.24	0.05	1.19	4.88	25.4%
2006-12-31	1.25	0.07	1.18	4.90	25.6%
2006-09-30	1.41	0.07	1.34	4.97	28.3%
2006-06-30	1.46	0.12	1.34	4.83	30.2%
2006-03-31	1.24	0.11	1.13	4.48	27.6%
2005-12-31	1.21	0.11	1.10	4.42	27.3%
2005-09-30	1.13	0.10	1.04	4.31	26.3%
2005-06-30	1.15	0.06	1.09	4.10	28.0%
2005-03-31	0.95	0.15	0.81	3.79	25.2%
2004-12-31	0.95	0.10	0.85	3.73	25.3%
2004-09-30	1.00	0.15	0.85	3.75	26.6%
2004-06-30	0.98	0.13	0.85	3.61	27.2%
2004-03-31	0.93	0.11	0.82	3.46	26.9%
2003-12-31	0.97	0.09	0.88	3.38	28.6%
2003-09-30	1.00	0.09	0.90	3.33	29.9%
2003-06-30	0.96	0.07	0.90	3.14	30.7%
2003-03-31	0.93	0.08	0.86	3.06	30.4%
2002-12-31	0.86	0.07	0.79	2.94	29.3%
2002-09-30	0.87	0.04	0.82	2.87	30.1%
2002-06-30	0.85	0.05	0.81	2.77	30.8%
2002-03-31	0.78	0.05	0.73	2.63	29.4%
2001-12-31	0.79	0.04	0.75	2.62	30.3%
2001-09-30	0.86	0.06	0.80	2.67	32.0%
2001-06-30	0.76	0.03	0.73	2.48	30.6%
2001-03-31	0.69	0.03	0.66	2.33	29.6%
2000-12-31	0.76	0.04	0.72	2.31	32.7%
2000-09-30	0.78	0.05	0.73	2.25	34.6%
2000-06-30	0.70	0.04	0.66	2.01	34.8%
2000-03-31	0.52	0.04	0.48	1.74	29.9%
1999-12-31	0.58	0.08	0.51	1.77	33.0%
1999-09-30	0.50	0.04	0.46	1.69	29.4%
1999-06-30	0.48	0.04	0.43	1.55	30.7%
1999-03-31	0.42	0.04	0.38	1.47	28.5%
1998-12-31	0.43	0.04	0.39	1.45	29.7%
1998-09-30	0.41	0.05	0.36	1.45	28.5%
1998-06-30	0.35	0.04	0.30	1.31	26.4%
1998-03-31	0.35	0.05	0.30	1.31	26.7%
1997-12-31	0.31	0.03	0.28	1.11	27.8%
1997-09-30	0.35	0.07	0.28	1.16	30.0%
1997-06-30	0.27	0.03	0.24	1.05	26.1%
1997-03-31	0.27	0.04	0.23	1.06	25.8%
1996-12-31	0.30	0.05	0.25	1.09	27.2%
1996-09-30	0.28	0.03	0.25	1.06	26.1%
1996-06-30	0.26	0.03	0.23	1.07	24.4%