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Side-by-side financial comparison of Krispy Kreme, Inc. (DNUT) and MDU RESOURCES GROUP INC (MDU). Click either name above to swap in a different company.

MDU RESOURCES GROUP INC is the larger business by last-quarter revenue ($522.6M vs $392.4M, roughly 1.3× Krispy Kreme, Inc.). MDU RESOURCES GROUP INC runs the higher net margin — 14.6% vs -7.1%, a 21.7% gap on every dollar of revenue. On growth, MDU RESOURCES GROUP INC posted the faster year-over-year revenue change (-1.6% vs -2.9%). Krispy Kreme, Inc. produced more free cash flow last quarter ($27.9M vs $-336.0M). Over the past eight quarters, MDU RESOURCES GROUP INC's revenue compounded faster (-5.7% CAGR vs -5.9%).

Krispy Kreme, Inc. is an American multinational doughnut company and coffeehouse chain. Krispy Kreme was founded by Vernon Rudolph (1915–1973), who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores. Steady growth preceded an ambitious expansion as a public company in the period 2000 to 2016, which ultimately proved unprofitable. In 2016, the company retur...

MDU Resources Group, Inc. is a U.S.-based corporation supplying products and services to regulated energy delivery and utilities related construction materials and services businesses. It is headquartered in Bismarck, North Dakota, and operates in 48 states.

DNUT vs MDU — Head-to-Head

Bigger by revenue
MDU
MDU
1.3× larger
MDU
$522.6M
$392.4M
DNUT
Growing faster (revenue YoY)
MDU
MDU
+1.3% gap
MDU
-1.6%
-2.9%
DNUT
Higher net margin
MDU
MDU
21.7% more per $
MDU
14.6%
-7.1%
DNUT
More free cash flow
DNUT
DNUT
$364.0M more FCF
DNUT
$27.9M
$-336.0M
MDU
Faster 2-yr revenue CAGR
MDU
MDU
Annualised
MDU
-5.7%
-5.9%
DNUT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DNUT
DNUT
MDU
MDU
Revenue
$392.4M
$522.6M
Net Profit
$-27.8M
$76.3M
Gross Margin
Operating Margin
-1.9%
20.5%
Net Margin
-7.1%
14.6%
Revenue YoY
-2.9%
-1.6%
Net Profit YoY
-23.8%
38.4%
EPS (diluted)
$-0.18
$0.37

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DNUT
DNUT
MDU
MDU
Q4 25
$392.4M
$522.6M
Q3 25
$375.3M
$313.6M
Q2 25
$379.8M
$348.7M
Q1 25
$375.2M
$678.0M
Q4 24
$404.0M
$531.0M
Q3 24
$379.9M
$290.7M
Q2 24
$438.8M
$343.1M
Q1 24
$442.7M
$588.2M
Net Profit
DNUT
DNUT
MDU
MDU
Q4 25
$-27.8M
$76.3M
Q3 25
$-19.4M
$18.3M
Q2 25
$-435.3M
$13.8M
Q1 25
$-33.3M
$82.0M
Q4 24
$-22.4M
$55.2M
Q3 24
$39.6M
$64.6M
Q2 24
$-5.5M
$60.4M
Q1 24
$-8.5M
$100.9M
Operating Margin
DNUT
DNUT
MDU
MDU
Q4 25
-1.9%
20.5%
Q3 25
-1.9%
12.7%
Q2 25
-114.4%
8.7%
Q1 25
-5.4%
16.6%
Q4 24
-2.8%
17.8%
Q3 24
-4.2%
12.0%
Q2 24
1.6%
11.5%
Q1 24
2.7%
16.4%
Net Margin
DNUT
DNUT
MDU
MDU
Q4 25
-7.1%
14.6%
Q3 25
-5.2%
5.8%
Q2 25
-114.6%
4.0%
Q1 25
-8.9%
12.1%
Q4 24
-5.6%
10.4%
Q3 24
10.4%
22.2%
Q2 24
-1.3%
17.6%
Q1 24
-1.9%
17.2%
EPS (diluted)
DNUT
DNUT
MDU
MDU
Q4 25
$-0.18
$0.37
Q3 25
$-0.11
$0.09
Q2 25
$-2.55
$0.07
Q1 25
$-0.20
$0.40
Q4 24
$-0.13
$0.26
Q3 24
$0.23
$0.32
Q2 24
$-0.03
$0.30
Q1 24
$-0.05
$0.49

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DNUT
DNUT
MDU
MDU
Cash + ST InvestmentsLiquidity on hand
$42.4M
$28.2M
Total DebtLower is stronger
$911.9M
$2.7B
Stockholders' EquityBook value
$650.1M
$2.8B
Total Assets
$2.6B
$7.6B
Debt / EquityLower = less leverage
1.40×
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DNUT
DNUT
MDU
MDU
Q4 25
$42.4M
$28.2M
Q3 25
$30.7M
$75.9M
Q2 25
$21.3M
$58.8M
Q1 25
$18.7M
$59.5M
Q4 24
$29.0M
$66.9M
Q3 24
$25.4M
$88.3M
Q2 24
$28.6M
$78.8M
Q1 24
$33.1M
$72.7M
Total Debt
DNUT
DNUT
MDU
MDU
Q4 25
$911.9M
$2.7B
Q3 25
$906.2M
$2.4B
Q2 25
$889.4M
$2.2B
Q1 25
$935.0M
$2.2B
Q4 24
$844.5M
$2.3B
Q3 24
$804.6M
$2.3B
Q2 24
$895.0M
$2.3B
Q1 24
$881.8M
$2.3B
Stockholders' Equity
DNUT
DNUT
MDU
MDU
Q4 25
$650.1M
$2.8B
Q3 25
$670.3M
$2.7B
Q2 25
$693.6M
$2.7B
Q1 25
$1.1B
$2.7B
Q4 24
$1.1B
$2.7B
Q3 24
$1.2B
$3.1B
Q2 24
$1.1B
$3.0B
Q1 24
$1.2B
$3.0B
Total Assets
DNUT
DNUT
MDU
MDU
Q4 25
$2.6B
$7.6B
Q3 25
$2.6B
$7.2B
Q2 25
$2.6B
$6.9B
Q1 25
$3.1B
$7.0B
Q4 24
$3.1B
$7.0B
Q3 24
$3.1B
$8.2B
Q2 24
$3.2B
$8.0B
Q1 24
$3.2B
$7.8B
Debt / Equity
DNUT
DNUT
MDU
MDU
Q4 25
1.40×
0.97×
Q3 25
1.35×
0.86×
Q2 25
1.28×
0.80×
Q1 25
0.85×
0.80×
Q4 24
0.74×
0.85×
Q3 24
0.68×
0.76×
Q2 24
0.79×
0.75×
Q1 24
0.76×
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DNUT
DNUT
MDU
MDU
Operating Cash FlowLast quarter
$45.0M
$80.6M
Free Cash FlowOCF − Capex
$27.9M
$-336.0M
FCF MarginFCF / Revenue
7.1%
-64.3%
Capex IntensityCapex / Revenue
4.4%
79.7%
Cash ConversionOCF / Net Profit
1.06×
TTM Free Cash FlowTrailing 4 quarters
$-64.0M
$-297.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DNUT
DNUT
MDU
MDU
Q4 25
$45.0M
$80.6M
Q3 25
$42.3M
$57.9M
Q2 25
$-32.5M
$117.4M
Q1 25
$-20.8M
$217.5M
Q4 24
$27.0M
$60.5M
Q3 24
$3.3M
$140.2M
Q2 24
$33.2M
$136.5M
Q1 24
$-17.7M
$165.1M
Free Cash Flow
DNUT
DNUT
MDU
MDU
Q4 25
$27.9M
$-336.0M
Q3 25
$15.5M
$-121.9M
Q2 25
$-60.8M
$36.5M
Q1 25
$-46.7M
$124.4M
Q4 24
$-6.9M
$-95.8M
Q3 24
$-22.9M
$673.0K
Q2 24
$1.6M
$26.5M
Q1 24
$-46.8M
$48.1M
FCF Margin
DNUT
DNUT
MDU
MDU
Q4 25
7.1%
-64.3%
Q3 25
4.1%
-38.9%
Q2 25
-16.0%
10.5%
Q1 25
-12.5%
18.4%
Q4 24
-1.7%
-18.0%
Q3 24
-6.0%
0.2%
Q2 24
0.4%
7.7%
Q1 24
-10.6%
8.2%
Capex Intensity
DNUT
DNUT
MDU
MDU
Q4 25
4.4%
79.7%
Q3 25
7.1%
57.3%
Q2 25
7.4%
23.2%
Q1 25
6.9%
13.7%
Q4 24
8.4%
29.4%
Q3 24
6.9%
48.0%
Q2 24
7.2%
32.0%
Q1 24
6.6%
19.9%
Cash Conversion
DNUT
DNUT
MDU
MDU
Q4 25
1.06×
Q3 25
3.16×
Q2 25
8.52×
Q1 25
2.65×
Q4 24
1.10×
Q3 24
0.08×
2.17×
Q2 24
2.26×
Q1 24
1.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DNUT
DNUT

Segment breakdown not available.

MDU
MDU

Natural Gas Distribution$382.8M73%
Commercial Utility Sales$42.7M8%
Residential Utility Sales$33.7M6%
Pipelineand Midstream$31.1M6%
Natural Gas Transportation$17.2M3%
Industrial Utility Sales$10.1M2%
Natural Gas Storage$6.4M1%
Other Utility Sales$1.9M0%

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