MDU's Growth Comparisons in III. Quarter 2024
Comparing 4.97% year on year Revenue growth in the third quarter 2024, Mdu Resources Group Inc outperformed the 3.19% growth in the Construction Raw Materials industry, and 0.21% growth in the Basic Materials sector. Despite modest Sales rises in the Basic Materials sector and in the Construction Raw Materials industry, Mdu Resources Group Inc reported above average market Sales growth.
Comparing the company's Revenue to the second quarter results, sales were higher by 0.28% . On the yearly basis, average annual sales growth for Mdu Resources Group Inc is 0.55%, while S & P 500's including only Businesses with the third quarter 2024 earnings, average annual sales growth is 7.61% over the past five years.
Segment Name |
Y / Y |
Seq. |
Intereliminations |
|
- |
- |
Natural gas transportation |
|
18.24 % |
- |
Natural gas storage |
|
25.89 % |
- |
Electrical mechanical specialty contracting |
|
3.93 % |
- |
Transmission distribution specialty contracting |
|
12.5 % |
- |
Other |
|
-100 % |
- |
Residential utility sales |
|
-3.91 % |
- |
Commercial utility sales |
|
-6.41 % |
- |
Industrial utility sales |
|
-8.04 % |
- |
Other utility sales |
|
9.65 % |
- |
Electric Intereliminations |
|
- |
- |
Electric |
|
-2.66 % |
- |
Electric Other |
|
10.07 % |
- |
Electric Residential utility sales |
|
8.08 % |
- |
Electric Commercial utility sales |
|
-6.24 % |
- |
Electric Industrial utility sales |
|
-9.72 % |
- |
Electric Other utility sales |
|
9.65 % |
- |
Natural gas distribution Intereliminations |
|
- |
- |
Natural gas distribution |
|
-1.02 % |
- |
Natural gas distribution Natural gas transportation |
|
17.08 % |
- |
Natural gas distribution Other |
|
150.86 % |
- |
Natural gas distribution Residential utility sales |
|
-9.9 % |
- |
Natural gas distribution Commercial utility sales |
|
-6.62 % |
- |
Natural gas distribution Industrial utility sales |
|
-5.54 % |
- |
Pipeline Intereliminations |
|
- |
- |
Pipeline |
|
17.88 % |
- |
Pipeline Natural gas transportation |
|
18.67 % |
- |
Pipeline Natural gas storage |
|
25.89 % |
- |
Pipeline Other |
|
-9.68 % |
- |
Construction services |
|
6.07 % |
- |
Construction services Electrical mechanical specialty contracting |
|
3.93 % |
- |
Construction services Transmission distribution specialty contracting |
|
12.5 % |
- |
Construction services Other |
|
- |
- |
Other Intereliminations |
|
- |
- |
Other Other |
|
-15.16 % |
- |
Regulated operation |
|
- |
- |
Regulated operation Electric |
|
- |
- |
Regulated operation Natural gas distribution |
|
- |
- |
Regulated operation Pipeline |
|
- |
- |
Regulated operation Intereliminations |
|
- |
- |
Regulated operation Intereliminations Electric |
|
- |
- |
Regulated operation Intereliminations Natural gas distribution |
|
- |
- |
Regulated operation Intereliminations Pipeline |
|
- |
- |
Nonregulated operation |
|
- |
- |
Nonregulated operation Pipeline |
|
- |
- |
Nonregulated operation Construction services |
|
- |
- |
Nonregulated operation Other |
|
- |
- |
Nonregulated operation Intereliminations |
|
- |
- |
Nonregulated operation Intereliminations Pipeline |
|
- |
- |
Nonregulated operation Intereliminations Other |
|
- |
- |
Pipeline and Midstream |
|
17.88 % |
- |
Corporate Non-Segment |
|
-15.16 % |
- |
Total |
|
4.97 % |
0.28 % |
Mdu Resources Group Inc saw it's income per share fall by -13.51% from the same quarter a year ago, in the third quarter, Mdu Resources Group Inc was still better off than the Construction Raw Materials industry reporting -18.77% but underperformed the -8.95% EPS decrease in the Basic Materials sector. Slow third quarter 2024 income per share, in Construction Raw Materials industry and within the Basic Materials sector, were portrayed in Mdu Resources Group Inc results which underperformed overall market.
Comparing company's EPS to the second quarter results, income per share were higher by 6.67% . On the yearly basis, average annual income per share growth for Mdu Resources Group Inc is 7.87%, while S & P 500's including only the businesses with the third quarter 2024 Results, average annual income per share growth is 7.45% over the past five years.