Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). MDU Resources Group's share price for the quarter that ended in Dec. 2023 was $19.8. MDU Resources Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 204 Mil. Therefore, MDU Resources Group's market cap for the quarter that ended in Dec. 2023 was $4,033 Mil.
MDU Resources Group's quarterly market cap
declined
from Jun. 2023 ($4,264 Mil) to Sep. 2023 ($3,987 Mil) but then
increased
from Sep. 2023 ($3,987 Mil) to Dec. 2023 ($4,033 Mil).
MDU Resources Group's annual market cap
declined
from Dec. 2021 ($4,302 Mil) to Dec. 2022 ($4,238 Mil) and
declined
from Dec. 2022 ($4,238 Mil) to Dec. 2023 ($4,033 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. MDU Resources Group's Enterprise Value for Today is $7,449 Mil.
MDU Resources Group Market Cap Historical Data
The historical data trend for MDU Resources Group's Market Cap 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 Market Cap
For the Conglomerates subindustry, MDU Resources Group's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, MDU Resources Group's Market Cap distribution charts can be found below:
* The bar in red indicates where MDU Resources Group's Market Cap falls into.
MDU Resources Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
MDU Resources Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (NYSE:MDU) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
MDU Resources Group Market Cap 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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