MDU (MDU Resources Group) Equity-to-Asset: 0.38 (As of Jun. 2026) — Near Median

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MDU MDU Resources Group Inc MDU
77 GF Score
Price $19.95
GF Value $18.25
Valuation Fairly Valued
! 5 Warning Signs
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What is MDU Resources Group Equity-to-Asset?

MDU Resources Group MDU -1.77% 77 Equity-to-Asset is 0.38 as of Jun. 2026, which is 3% above its 10-year median of 0.37. GuruFocus rates MDU with a GF Score™ of 77/100 and a GF Value™ of $18.25 (Fairly Valued). The stock has 5 warning signs investors should review. Among 507 Utilities - Regulated companies, MDU Resources Group ranks better than 54.44% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MDU Resources Group's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $2,927 Mil. MDU Resources Group's Total Assets for the quarter that ended in Jun. 2026 was $7,712 Mil. Therefore, MDU Resources Group's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.38.

The historical rank and industry rank for MDU Resources Group's Equity-to-Asset or its related term are showing as below:

MDU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.37   Max: 0.39
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of MDU Resources Group was 0.39. The lowest was 0.35. And the median was 0.37.

MDU's Equity-to-Asset is ranked better than
54.44% of 507 companies
in the Utilities - Regulated industry
Industry Median: 0.36 vs MDU: 0.38

MDU Resources Group  (NYSE:MDU) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


MDU Resources Group Equity-to-Asset Related Terms


MDU Resources Group Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for MDU Resources Group's Equity-to-Asset 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.

MDU Resources Group Equity-to-Asset Chart

MDU Resources Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.37 0.37 0.38 0.36

MDU Resources Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.38 0.36 0.38 0.38

MDU vs SR, OGS, CPK: Equity-to-Asset Comparison

For the Utilities - Regulated Gas subindustry, MDU Resources Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, MDU Resources Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where MDU Resources Group's Equity-to-Asset falls into.


MDU
77GF Score
MDU Resources Group Inc MDU
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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MDU Resources Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

MDU Resources Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=2772.917/7622.206
=0.36

MDU Resources Group's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=2926.922/7712.074
=0.38

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.38 mean?
MDU Resources Group (MDU) has a Equity-to-Asset of 0.38 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on MDU Resources Group and its competitors. This is near median its historical median of 0.37. Over the past decade, MDU Resources Group's Equity-to-Asset has ranged from 0.35 to 0.39. According to the industry distribution chart, MDU Resources Group ranks #231 out of 507 companies in the Utilities - Regulated industry, placing it in the top 45.6%.
Is MDU Resources Group's Equity-to-Asset too high?
MDU Resources Group's current Equity-to-Asset of 0.38 is near median its 10-year median of 0.37. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 0.39. The Utilities - Regulated industry median Equity-to-Asset is 0.36. MDU Resources Group's value of 0.38 is 5.6% above this industry median. Based on the distribution chart, MDU Resources Group ranks #231 out of 507 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, MDU Resources Group has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MDU Resources Group's Equity-to-Asset compare to SR and OGS?
According to the Utilities - Regulated industry distribution chart, MDU Resources Group ranks #231 out of 507 companies for Equity-to-Asset. This puts MDU Resources Group in the upper half of its industry. The industry median Equity-to-Asset is 0.36. MDU Resources Group's value of 0.38 is 5.6% above this benchmark. Historically, MDU Resources Group's own Equity-to-Asset has ranged from 0.35 to 0.39 over the past decade. While the company's 10-year median is 0.37 vs. the industry median of 0.36, MDU Resources Group has consistently been above 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 Equity-to-Asset for an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 507 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MDU Resources Group's current Equity-to-Asset of 0.38 is 5.6% above 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on MDU Resources Group and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MDU Resources Group's current Equity-to-Asset is 0.38, which is near median its own 10-year median of 0.37. 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?
Based on GuruFocus' analysis, MDU Resources Group (MDU) is currently considered Fairly Valued. The stock's GF Value™ is $18.25, compared to a current price of $19.95 — trading 9.3% above its estimated fair value. The current Equity-to-Asset is 0.38, which is near median its 10-year median of 0.37 and 5.6% above the Utilities - Regulated industry median of 0.36. MDU Resources Group's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For MDU Resources Group (MDU), the current Equity-to-Asset is 0.38 as of Jun. 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 (MDU) Overvalued in 2026?

Based on GuruFocus' analysis, MDU Resources Group stock appears to be overvalued. The current stock price of $19.95 is trading 9.3% above its estimated GF Value™ of $18.25. GuruFocus considers MDU Resources Group to be Fairly Valued.

Key valuation signals for MDU:

  • Equity-to-Asset: 0.38 (near median its 10-year median of 0.37)
  • GF Value™: $18.25 vs. price of $19.95 (9.3% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 5.6% above the Utilities - Regulated median (#231 of 507)

No single metric tells the full story. See the MDU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MDU Resources Group Business Description

Other Exchanges MRE:Germany
Address 1200 West Century Avenue, P.O. Box 5650, Bismarck, ND, USA, 58506-5650
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.
77GF Score

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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.95
Price
$18.25
GF Value