vs

Side-by-side financial comparison of KFORCE INC (KFRC) 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 $330.4M, roughly 1.6× KFORCE INC). MDU RESOURCES GROUP INC runs the higher net margin — 14.6% vs 2.4%, a 12.2% gap on every dollar of revenue. On growth, KFORCE INC posted the faster year-over-year revenue change (0.1% vs -1.6%). KFORCE INC produced more free cash flow last quarter ($-7.4M vs $-336.0M). Over the past eight quarters, KFORCE INC's revenue compounded faster (-3.7% CAGR vs -5.7%).

Kforce Inc. is a professional staffing and solutions firm headquartered in the United States. It provides skilled professional placements and specialized workforce solutions primarily across technology, finance & accounting, and healthcare segments, serving a wide range of mid-sized to large enterprise clients nationwide.

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.

KFRC vs MDU — Head-to-Head

Bigger by revenue
MDU
MDU
1.6× larger
MDU
$522.6M
$330.4M
KFRC
Growing faster (revenue YoY)
KFRC
KFRC
+1.7% gap
KFRC
0.1%
-1.6%
MDU
Higher net margin
MDU
MDU
12.2% more per $
MDU
14.6%
2.4%
KFRC
More free cash flow
KFRC
KFRC
$328.6M more FCF
KFRC
$-7.4M
$-336.0M
MDU
Faster 2-yr revenue CAGR
KFRC
KFRC
Annualised
KFRC
-3.7%
-5.7%
MDU

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
KFRC
KFRC
MDU
MDU
Revenue
$330.4M
$522.6M
Net Profit
$7.9M
$76.3M
Gross Margin
27.3%
Operating Margin
3.6%
20.5%
Net Margin
2.4%
14.6%
Revenue YoY
0.1%
-1.6%
Net Profit YoY
-2.7%
38.4%
EPS (diluted)
$0.46
$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
KFRC
KFRC
MDU
MDU
Q1 26
$330.4M
Q4 25
$332.0M
$522.6M
Q3 25
$332.6M
$313.6M
Q2 25
$334.3M
$348.7M
Q1 25
$330.0M
$678.0M
Q4 24
$343.8M
$531.0M
Q3 24
$353.3M
$290.7M
Q2 24
$356.3M
$343.1M
Net Profit
KFRC
KFRC
MDU
MDU
Q1 26
$7.9M
Q4 25
$5.2M
$76.3M
Q3 25
$11.1M
$18.3M
Q2 25
$10.4M
$13.8M
Q1 25
$8.1M
$82.0M
Q4 24
$11.1M
$55.2M
Q3 24
$14.2M
$64.6M
Q2 24
$14.2M
$60.4M
Gross Margin
KFRC
KFRC
MDU
MDU
Q1 26
27.3%
Q4 25
27.2%
Q3 25
27.7%
Q2 25
27.1%
Q1 25
26.7%
Q4 24
27.0%
Q3 24
27.9%
Q2 24
27.8%
Operating Margin
KFRC
KFRC
MDU
MDU
Q1 26
3.6%
Q4 25
2.6%
20.5%
Q3 25
4.5%
12.7%
Q2 25
4.5%
8.7%
Q1 25
3.5%
16.6%
Q4 24
4.5%
17.8%
Q3 24
5.3%
12.0%
Q2 24
5.5%
11.5%
Net Margin
KFRC
KFRC
MDU
MDU
Q1 26
2.4%
Q4 25
1.6%
14.6%
Q3 25
3.3%
5.8%
Q2 25
3.1%
4.0%
Q1 25
2.5%
12.1%
Q4 24
3.2%
10.4%
Q3 24
4.0%
22.2%
Q2 24
4.0%
17.6%
EPS (diluted)
KFRC
KFRC
MDU
MDU
Q1 26
$0.46
Q4 25
$0.29
$0.37
Q3 25
$0.63
$0.09
Q2 25
$0.59
$0.07
Q1 25
$0.45
$0.40
Q4 24
$0.60
$0.26
Q3 24
$0.75
$0.32
Q2 24
$0.75
$0.30

Balance Sheet & Financial Strength

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

Metric
KFRC
KFRC
MDU
MDU
Cash + ST InvestmentsLiquidity on hand
$1.3M
$28.2M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$117.4M
$2.8B
Total Assets
$384.8M
$7.6B
Debt / EquityLower = less leverage
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KFRC
KFRC
MDU
MDU
Q1 26
$1.3M
Q4 25
$2.1M
$28.2M
Q3 25
$1.3M
$75.9M
Q2 25
$2.5M
$58.8M
Q1 25
$444.0K
$59.5M
Q4 24
$349.0K
$66.9M
Q3 24
$127.0K
$88.3M
Q2 24
$110.0K
$78.8M
Total Debt
KFRC
KFRC
MDU
MDU
Q1 26
Q4 25
$2.7B
Q3 25
$2.4B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
KFRC
KFRC
MDU
MDU
Q1 26
$117.4M
Q4 25
$124.6M
$2.8B
Q3 25
$132.1M
$2.7B
Q2 25
$134.4M
$2.7B
Q1 25
$138.0M
$2.7B
Q4 24
$154.6M
$2.7B
Q3 24
$167.4M
$3.1B
Q2 24
$166.6M
$3.0B
Total Assets
KFRC
KFRC
MDU
MDU
Q1 26
$384.8M
Q4 25
$365.6M
$7.6B
Q3 25
$374.2M
$7.2B
Q2 25
$373.6M
$6.9B
Q1 25
$368.2M
$7.0B
Q4 24
$357.8M
$7.0B
Q3 24
$369.9M
$8.2B
Q2 24
$362.7M
$8.0B
Debt / Equity
KFRC
KFRC
MDU
MDU
Q1 26
Q4 25
0.97×
Q3 25
0.86×
Q2 25
0.80×
Q1 25
0.80×
Q4 24
0.85×
Q3 24
0.76×
Q2 24
0.75×

Cash Flow & Capital Efficiency

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

Metric
KFRC
KFRC
MDU
MDU
Operating Cash FlowLast quarter
$80.6M
Free Cash FlowOCF − Capex
$-7.4M
$-336.0M
FCF MarginFCF / Revenue
-2.2%
-64.3%
Capex IntensityCapex / Revenue
1.0%
79.7%
Cash ConversionOCF / Net Profit
1.06×
TTM Free Cash FlowTrailing 4 quarters
$43.3M
$-297.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KFRC
KFRC
MDU
MDU
Q1 26
Q4 25
$19.7M
$80.6M
Q3 25
$23.3M
$57.9M
Q2 25
$18.4M
$117.4M
Q1 25
$249.0K
$217.5M
Q4 24
$21.8M
$60.5M
Q3 24
$31.0M
$140.2M
Q2 24
$20.9M
$136.5M
Free Cash Flow
KFRC
KFRC
MDU
MDU
Q1 26
$-7.4M
Q4 25
$16.7M
$-336.0M
Q3 25
$19.8M
$-121.9M
Q2 25
$14.2M
$36.5M
Q1 25
$-3.9M
$124.4M
Q4 24
$20.9M
$-95.8M
Q3 24
$27.5M
$673.0K
Q2 24
$17.8M
$26.5M
FCF Margin
KFRC
KFRC
MDU
MDU
Q1 26
-2.2%
Q4 25
5.0%
-64.3%
Q3 25
6.0%
-38.9%
Q2 25
4.3%
10.5%
Q1 25
-1.2%
18.4%
Q4 24
6.1%
-18.0%
Q3 24
7.8%
0.2%
Q2 24
5.0%
7.7%
Capex Intensity
KFRC
KFRC
MDU
MDU
Q1 26
1.0%
Q4 25
0.9%
79.7%
Q3 25
1.1%
57.3%
Q2 25
1.2%
23.2%
Q1 25
1.3%
13.7%
Q4 24
0.3%
29.4%
Q3 24
1.0%
48.0%
Q2 24
0.9%
32.0%
Cash Conversion
KFRC
KFRC
MDU
MDU
Q1 26
Q4 25
3.82×
1.06×
Q3 25
2.11×
3.16×
Q2 25
1.76×
8.52×
Q1 25
0.03×
2.65×
Q4 24
1.97×
1.10×
Q3 24
2.18×
2.17×
Q2 24
1.48×
2.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

KFRC
KFRC

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%

Related Comparisons