MDU Resources Group (FRA:MRE) Total Operating Expense: €276 Mil (TTM As of Mar. 2026)

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FRA:MRE MDU Resources Group Inc FRA:MRE
74 GF Score
Price €17.20
GF Value €15.23
Valuation Modestly Overvalued
! 5 Warning Signs
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What is MDU Resources Group Total Operating Expense?

MDU Resources Group FRA:MRE -0.58% 74 Total Operating Expense is €276 Mil as of Mar. 2026. GuruFocus rates FRA:MRE with a GF Score™ of 74/100 and a GF Value™ of €15.23 (Modestly Overvalued). The stock has 5 warning signs investors should review.

MDU Resources Group's Total Operating Expense for the three months ended in Mar. 2026 was €78 Mil. MDU Resources Group's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was €276 Mil.

MDU Resources Group Total Operating Expense Related Terms

MDU Resources Group Total Operating Expense Historical Data

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The historical data trend for MDU Resources Group's Total Operating Expense 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 Total Operating Expense Chart

MDU Resources Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 315.27 273.00 269.22 292.51 274.31

MDU Resources Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 83.27 66.78 62.90 68.62 77.77
FRA:MRE
74GF Score
MDU Resources Group Inc FRA:MRE
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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MDU Resources Group Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €276 Mil.

* 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.

What does a Total Operating Expense of €276 Mil mean?
MDU Resources Group (FRA:MRE) has a Total Operating Expense of €276 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on MDU Resources Group and its competitors.
Is MDU Resources Group's Total Operating Expense too high?
MDU Resources Group's current Total Operating Expense is €276 Mil. Overall, MDU Resources Group has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MDU Resources Group's Total Operating Expense compare to SR and OGS?
MDU Resources Group's Total Operating Expense of €276 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Utilities - Regulated company?
A good Total Operating Expense depends on the Utilities - Regulated industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on MDU Resources Group and its competitors. MDU Resources Group's current Total Operating Expense is €276 Mil. 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 (FRA:MRE) is currently considered Modestly Overvalued. The stock's GF Value™ is €15.23, compared to a current price of €17.20 — trading 12.9% above its estimated fair value. The current Total Operating Expense is €276 Mil. MDU Resources Group's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For MDU Resources Group (FRA:MRE), the current Total Operating Expense is €276 Mil 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 (FRA:MRE) Overvalued in 2026?

Based on GuruFocus' analysis, MDU Resources Group stock appears to be overvalued. The current stock price of €17.20 is trading 12.9% above its estimated GF Value™ of €15.23. GuruFocus considers MDU Resources Group to be Modestly Overvalued.

Key valuation signals for FRA:MRE:

  • Total Operating Expense: €276 Mil
  • GF Value™: €15.23 vs. price of €17.20 (12.9% above fair value)
  • GF Score™: 74/100 with 5 warning signs

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

MDU Resources Group Business Description

Other Exchanges MDU:USA
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.
74GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€17.20
Price
€15.23
GF Value