vs

Side-by-side financial comparison of MDU RESOURCES GROUP INC (MDU) and Seneca Foods Corp (SENEB). 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 $508.3M, roughly 1.0× Seneca Foods Corp). MDU RESOURCES GROUP INC runs the higher net margin — 14.6% vs 8.8%, a 5.8% gap on every dollar of revenue. On growth, Seneca Foods Corp posted the faster year-over-year revenue change (1.1% vs -1.6%). Seneca Foods Corp produced more free cash flow last quarter ($22.9M vs $-336.0M). Over the past eight quarters, Seneca Foods Corp's revenue compounded faster (77.1% CAGR vs -5.7%).

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.

Seneca Foods Corporation is an American food processor and distributor headquartered in Fairport, New York, United States. Seneca Foods Corporation conducts its business almost entirely in food packaging, which contributed to about 98% of the company's fiscal year net sales in 2017. Canned vegetables represented 65%, fruit products represented 23%, frozen fruit and vegetables represented 11% and fruit chip products represented 1% of the total food packaging net sales. Non-food packaging sales...

MDU vs SENEB — Head-to-Head

Bigger by revenue
MDU
MDU
1.0× larger
MDU
$522.6M
$508.3M
SENEB
Growing faster (revenue YoY)
SENEB
SENEB
+2.7% gap
SENEB
1.1%
-1.6%
MDU
Higher net margin
MDU
MDU
5.8% more per $
MDU
14.6%
8.8%
SENEB
More free cash flow
SENEB
SENEB
$358.9M more FCF
SENEB
$22.9M
$-336.0M
MDU
Faster 2-yr revenue CAGR
SENEB
SENEB
Annualised
SENEB
77.1%
-5.7%
MDU

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
MDU
MDU
SENEB
SENEB
Revenue
$522.6M
$508.3M
Net Profit
$76.3M
$44.8M
Gross Margin
16.4%
Operating Margin
20.5%
11.8%
Net Margin
14.6%
8.8%
Revenue YoY
-1.6%
1.1%
Net Profit YoY
38.4%
205.4%
EPS (diluted)
$0.37
$6.48

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
MDU
MDU
SENEB
SENEB
Q4 25
$522.6M
$508.3M
Q3 25
$313.6M
$460.0M
Q2 25
$348.7M
$297.5M
Q1 25
$678.0M
$345.8M
Q4 24
$531.0M
$502.9M
Q3 24
$290.7M
$425.5M
Q2 24
$343.1M
$304.7M
Q1 24
$588.2M
$162.2M
Net Profit
MDU
MDU
SENEB
SENEB
Q4 25
$76.3M
$44.8M
Q3 25
$18.3M
$29.7M
Q2 25
$13.8M
$14.9M
Q1 25
$82.0M
$601.0K
Q4 24
$55.2M
$14.7M
Q3 24
$64.6M
$13.3M
Q2 24
$60.4M
$12.7M
Q1 24
$100.9M
Gross Margin
MDU
MDU
SENEB
SENEB
Q4 25
16.4%
Q3 25
13.4%
Q2 25
14.1%
Q1 25
4.5%
Q4 24
9.8%
Q3 24
10.1%
Q2 24
14.0%
Q1 24
Operating Margin
MDU
MDU
SENEB
SENEB
Q4 25
20.5%
11.8%
Q3 25
12.7%
9.0%
Q2 25
8.7%
7.8%
Q1 25
16.6%
0.6%
Q4 24
17.8%
5.1%
Q3 24
12.0%
5.8%
Q2 24
11.5%
8.3%
Q1 24
16.4%
2.5%
Net Margin
MDU
MDU
SENEB
SENEB
Q4 25
14.6%
8.8%
Q3 25
5.8%
6.5%
Q2 25
4.0%
5.0%
Q1 25
12.1%
0.2%
Q4 24
10.4%
2.9%
Q3 24
22.2%
3.1%
Q2 24
17.6%
4.2%
Q1 24
17.2%
EPS (diluted)
MDU
MDU
SENEB
SENEB
Q4 25
$0.37
$6.48
Q3 25
$0.09
$4.29
Q2 25
$0.07
$2.14
Q1 25
$0.40
$0.10
Q4 24
$0.26
$2.10
Q3 24
$0.32
$1.90
Q2 24
$0.30
$1.80
Q1 24
$0.49

Balance Sheet & Financial Strength

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

Metric
MDU
MDU
SENEB
SENEB
Cash + ST InvestmentsLiquidity on hand
$28.2M
$33.3M
Total DebtLower is stronger
$2.7B
$275.8M
Stockholders' EquityBook value
$2.8B
$713.9M
Total Assets
$7.6B
$1.2B
Debt / EquityLower = less leverage
0.97×
0.39×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MDU
MDU
SENEB
SENEB
Q4 25
$28.2M
$33.3M
Q3 25
$75.9M
$18.1M
Q2 25
$58.8M
$12.1M
Q1 25
$59.5M
$42.7M
Q4 24
$66.9M
$5.3M
Q3 24
$88.3M
$9.5M
Q2 24
$78.8M
$5.5M
Q1 24
$72.7M
$4.5M
Total Debt
MDU
MDU
SENEB
SENEB
Q4 25
$2.7B
$275.8M
Q3 25
$2.4B
$280.2M
Q2 25
$2.2B
$293.9M
Q1 25
$2.2B
$369.9M
Q4 24
$2.3B
$416.2M
Q3 24
$2.3B
$504.6M
Q2 24
$2.3B
$572.1M
Q1 24
$2.3B
$604.8M
Stockholders' Equity
MDU
MDU
SENEB
SENEB
Q4 25
$2.8B
$713.9M
Q3 25
$2.7B
$672.9M
Q2 25
$2.7B
$644.2M
Q1 25
$2.7B
$633.0M
Q4 24
$2.7B
$612.8M
Q3 24
$3.1B
$598.9M
Q2 24
$3.0B
$588.9M
Q1 24
$3.0B
$582.9M
Total Assets
MDU
MDU
SENEB
SENEB
Q4 25
$7.6B
$1.2B
Q3 25
$7.2B
$1.4B
Q2 25
$6.9B
$1.2B
Q1 25
$7.0B
$1.2B
Q4 24
$7.0B
$1.2B
Q3 24
$8.2B
$1.5B
Q2 24
$8.0B
$1.4B
Q1 24
$7.8B
$1.4B
Debt / Equity
MDU
MDU
SENEB
SENEB
Q4 25
0.97×
0.39×
Q3 25
0.86×
0.42×
Q2 25
0.80×
0.46×
Q1 25
0.80×
0.58×
Q4 24
0.85×
0.68×
Q3 24
0.76×
0.84×
Q2 24
0.75×
0.97×
Q1 24
0.76×
1.04×

Cash Flow & Capital Efficiency

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

Metric
MDU
MDU
SENEB
SENEB
Operating Cash FlowLast quarter
$80.6M
$31.1M
Free Cash FlowOCF − Capex
$-336.0M
$22.9M
FCF MarginFCF / Revenue
-64.3%
4.5%
Capex IntensityCapex / Revenue
79.7%
1.6%
Cash ConversionOCF / Net Profit
1.06×
0.70×
TTM Free Cash FlowTrailing 4 quarters
$-297.0M
$168.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MDU
MDU
SENEB
SENEB
Q4 25
$80.6M
$31.1M
Q3 25
$57.9M
$29.3M
Q2 25
$117.4M
$53.7M
Q1 25
$217.5M
$91.9M
Q4 24
$60.5M
$117.7M
Q3 24
$140.2M
$75.5M
Q2 24
$136.5M
$50.3M
Q1 24
$165.1M
Free Cash Flow
MDU
MDU
SENEB
SENEB
Q4 25
$-336.0M
$22.9M
Q3 25
$-121.9M
$21.8M
Q2 25
$36.5M
$42.4M
Q1 25
$124.4M
$81.4M
Q4 24
$-95.8M
$108.7M
Q3 24
$673.0K
$70.0M
Q2 24
$26.5M
$38.3M
Q1 24
$48.1M
FCF Margin
MDU
MDU
SENEB
SENEB
Q4 25
-64.3%
4.5%
Q3 25
-38.9%
4.7%
Q2 25
10.5%
14.3%
Q1 25
18.4%
23.5%
Q4 24
-18.0%
21.6%
Q3 24
0.2%
16.4%
Q2 24
7.7%
12.6%
Q1 24
8.2%
Capex Intensity
MDU
MDU
SENEB
SENEB
Q4 25
79.7%
1.6%
Q3 25
57.3%
1.6%
Q2 25
23.2%
3.8%
Q1 25
13.7%
3.0%
Q4 24
29.4%
1.8%
Q3 24
48.0%
1.3%
Q2 24
32.0%
4.0%
Q1 24
19.9%
Cash Conversion
MDU
MDU
SENEB
SENEB
Q4 25
1.06×
0.70×
Q3 25
3.16×
0.99×
Q2 25
8.52×
3.61×
Q1 25
2.65×
152.87×
Q4 24
1.10×
8.03×
Q3 24
2.17×
5.68×
Q2 24
2.26×
3.98×
Q1 24
1.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

SENEB
SENEB

Canned Vegetables$430.2M85%
Fruit$34.6M7%
Frozen$29.3M6%
Manufactured Product Other$10.8M2%
Snack$3.4M1%

Related Comparisons