The historical rank and industry rank for MDU Resources Group's Gross Margin % or its related term are showing as below:
MDU'
s Gross Margin % Range Over the Past 10 Years
Min: 16.41 Med: 17.72 Max: 19.9
Current: 16.81
During the past 13 years, the highestGross Margin % of MDU Resources Group was 19.90%. The lowest was 16.41%. And the median was 17.72%.
MDU's Gross Margin % is ranked worse than 70.42% of 480
companies
in the Conglomerates industry
Industry Median: 25.035
vs MDU: 16.81
MDU Resources Group had a gross margin of 20.70% for the quarter that ended in Dec. 2023 => Competition eroding margins
The 5-Year average Growth Rate of Gross Margin for MDU Resources Group was 0.40% per year.
MDU Resources Group Gross Margin % Historical Data
The historical data trend for MDU Resources Group's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of MDU Resources Group's Gross Margin %
For the Conglomerates subindustry, MDU Resources Group's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MDU Resources Group's Gross Margin % Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, MDU Resources Group's Gross Margin % distribution charts can be found below:
* The bar in red indicates where MDU Resources Group's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
MDU Resources Group (NYSE:MDU) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
MDU Resources Group had a gross margin of 20.70% for the quarter that ended in Dec. 2023 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
MDU Resources Group Gross Margin % Related Terms
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MDU Resources Group (MDU Resources Group) Business Description
MDU Resources Group Inc operates in five business segments, which includes: Electric segment, which generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming; The natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon and Washington; The pipeline segment provides natural gas transportation and underground storage services through a regulated pipeline system primarily in the Rocky Mountain and northern Great Plains regions of the United States; The construction materials and contracting segment mines, processes and sells construction aggregates (crushed stone, sand, and gravel); produces and sells asphalt mix, and supplies ready-mixed concrete; and The construction services segment.
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