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MDU Resources GroupMEX:MDU 76 Debt-to-Equity is 0.89 as of Mar. 2026, which is 7% above its 10-year median of 0.83. GuruFocus rates MEX:MDU with a GF Score™ of 76/100 and a GF Value™ of MXN282.54. The stock has 5 warning signs investors should review. Among 472 Utilities - Regulated companies, MDU Resources Group ranks better than 53.39% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for MDU Resources Group's Debt-to-Equity or its related term are showing as below:
MEX:MDU'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.69 Med: 0.83 Max: 0.99
Current: 0.89
During the past 13 years, the highest Debt-to-Equity Ratio of MDU Resources Group was 0.99. The lowest was 0.69. And the median was 0.83.
MEX:MDU's Debt-to-Equity is ranked better than 53.39% of 472
companies
in the Utilities - Regulated industry
Industry Median: 0.975
vs MEX:MDU: 0.89
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
MDU Resources Group Debt-to-Equity Related Terms
MDU Resources Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for MDU Resources Group's Debt-to-Equity 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.
MEX:MDU vs SR, OGS, CPK: Debt-to-Equity Comparison
For the Utilities - Regulated Gas subindustry, MDU Resources Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, MDU Resources Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where MDU Resources Group's Debt-to-Equity 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.
MDU Resources Group (MEX:MDU) has a Debt-to-Equity of 0.89 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on MDU Resources Group and its competitors. This is near median its historical median of 0.83. Over the past decade, MDU Resources Group's Debt-to-Equity has ranged from 0.69 to 0.99. According to the industry distribution chart, MDU Resources Group ranks #220 out of 472 companies in the Utilities - Regulated industry, placing it in the top 46.6%.
Is MDU Resources Group's Debt-to-Equity too high?
MDU Resources Group's current Debt-to-Equity of 0.89 is near median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 0.99. The Utilities - Regulated industry median Debt-to-Equity is 0.98. MDU Resources Group's value of 0.89 is 8.7% below this industry median. Based on the distribution chart, MDU Resources Group ranks #220 out of 472 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, MDU Resources Group has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does MDU Resources Group's Debt-to-Equity compare to SR and OGS?
According to the Utilities - Regulated industry distribution chart, MDU Resources Group ranks #220 out of 472 companies for Debt-to-Equity. This puts MDU Resources Group in the upper half of its industry. The industry median Debt-to-Equity is 0.98. MDU Resources Group's value of 0.89 is 8.7% below this benchmark. Historically, MDU Resources Group's own Debt-to-Equity has ranged from 0.69 to 0.99 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.98, MDU Resources Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.98, based on 472 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MDU Resources Group's current Debt-to-Equity of 0.89 is 8.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on MDU Resources Group and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDU Resources Group's current Debt-to-Equity is 0.89, which is near median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDU Resources Group stock overvalued right now?
MDU Resources Group (MEX:MDU) has a current Debt-to-Equity of 0.89. The stock's GF Value™ is MXN282.54, compared to a current price of MXN319.00 — trading 12.9% above its estimated fair value. The current Debt-to-Equity is 0.89, which is near median its 10-year median of 0.83 and 8.7% below the Utilities - Regulated industry median of 0.98. MDU Resources Group's overall GF Score™ is 76/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For MDU Resources Group (MEX:MDU), the current Debt-to-Equity is 0.89 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MDU Resources Group (MEX:MDU) Overvalued in 2026?
Based on GuruFocus' analysis, MDU Resources Group stock appears to be overvalued.
The current stock price of MXN319.00 is trading 12.9% above its estimated GF Value™ of MXN282.54.
Key valuation signals for MEX:MDU:
Debt-to-Equity: 0.89 (near median its 10-year median of 0.83)
GF Value™: MXN282.54 vs. price of MXN319.00 (12.9% above fair value)
Industry Position: 8.7% below the Utilities - Regulated median (#220 of 472)
No single metric tells the full story. See the MEX:MDU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MDU Resources Group Inc is a pure-play regulated energy delivery business. It is organized into three reportable business segments: Electric, Natural Gas Distribution, and Pipeline. Maximum revenue is generated from the Pipeline segment, which provides natural gas transportation and underground storage services through a FERC-regulated pipeline system mainly in the Rocky Mountain and northern Great Plains regions of the United States. This segment also provides non-regulated energy-related services, including cathodic protection. The electric segment generates, transmits, and distributes electricity in Montana, North Dakota, South Dakota, and Wyoming, and the natural gas distribution segment distributes natural gas in those states, as well as in Idaho, Minnesota, Oregon, and Washington.
76GF Score
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