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Side-by-side financial comparison of MDU RESOURCES GROUP INC (MDU) and SiteOne Landscape Supply, Inc. (SITE). Click either name above to swap in a different company.

SiteOne Landscape Supply, Inc. is the larger business by last-quarter revenue ($940.1M vs $522.6M, roughly 1.8× MDU RESOURCES GROUP INC). On growth, SiteOne Landscape Supply, Inc. posted the faster year-over-year revenue change (0.1% vs -1.6%). Over the past eight quarters, MDU RESOURCES GROUP INC's revenue compounded faster (-5.7% CAGR vs -11.8%).

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.

SiteOne Landscape Supply, Inc. is a leading North American wholesale distributor of landscape supplies. Its offerings cover irrigation components, outdoor lighting, hardscape materials, nursery plants, landscaping tools and related accessories. It mainly serves professional landscapers, contractors, golf course operators, municipal maintenance teams, with a wide branch network across the U.S. and Canada.

MDU vs SITE — Head-to-Head

Bigger by revenue
SITE
SITE
1.8× larger
SITE
$940.1M
$522.6M
MDU
Growing faster (revenue YoY)
SITE
SITE
+1.7% gap
SITE
0.1%
-1.6%
MDU
Faster 2-yr revenue CAGR
MDU
MDU
Annualised
MDU
-5.7%
-11.8%
SITE

Income Statement — Q4 FY2025 vs Q1 FY2027

Metric
MDU
MDU
SITE
SITE
Revenue
$522.6M
$940.1M
Net Profit
$76.3M
Gross Margin
33.9%
Operating Margin
20.5%
Net Margin
14.6%
Revenue YoY
-1.6%
0.1%
Net Profit YoY
38.4%
EPS (diluted)
$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
MDU
MDU
SITE
SITE
Q1 26
$940.1M
Q4 25
$522.6M
$1.0B
Q3 25
$313.6M
$1.3B
Q2 25
$348.7M
$1.5B
Q1 25
$678.0M
$939.4M
Q4 24
$531.0M
$1.0B
Q3 24
$290.7M
$1.2B
Q2 24
$343.1M
Net Profit
MDU
MDU
SITE
SITE
Q1 26
Q4 25
$76.3M
$-9.0M
Q3 25
$18.3M
$59.1M
Q2 25
$13.8M
$129.0M
Q1 25
$82.0M
$-27.3M
Q4 24
$55.2M
$-21.7M
Q3 24
$64.6M
$44.4M
Q2 24
$60.4M
Gross Margin
MDU
MDU
SITE
SITE
Q1 26
33.9%
Q4 25
34.1%
Q3 25
34.7%
Q2 25
36.4%
Q1 25
33.0%
Q4 24
33.3%
Q3 24
34.0%
Q2 24
Operating Margin
MDU
MDU
SITE
SITE
Q1 26
Q4 25
20.5%
-0.5%
Q3 25
12.7%
6.8%
Q2 25
8.7%
12.8%
Q1 25
16.6%
-3.1%
Q4 24
17.8%
-2.5%
Q3 24
12.0%
5.8%
Q2 24
11.5%
Net Margin
MDU
MDU
SITE
SITE
Q1 26
Q4 25
14.6%
-0.9%
Q3 25
5.8%
4.7%
Q2 25
4.0%
8.8%
Q1 25
12.1%
-2.9%
Q4 24
10.4%
-2.1%
Q3 24
22.2%
3.7%
Q2 24
17.6%
EPS (diluted)
MDU
MDU
SITE
SITE
Q1 26
Q4 25
$0.37
$-0.19
Q3 25
$0.09
$1.31
Q2 25
$0.07
$2.86
Q1 25
$0.40
$-0.61
Q4 24
$0.26
$-0.46
Q3 24
$0.32
$0.97
Q2 24
$0.30

Balance Sheet & Financial Strength

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

Metric
MDU
MDU
SITE
SITE
Cash + ST InvestmentsLiquidity on hand
$28.2M
$84.0M
Total DebtLower is stronger
$2.7B
$531.9M
Stockholders' EquityBook value
$2.8B
$1.6B
Total Assets
$7.6B
$3.5B
Debt / EquityLower = less leverage
0.97×
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MDU
MDU
SITE
SITE
Q1 26
$84.0M
Q4 25
$28.2M
$190.6M
Q3 25
$75.9M
$106.9M
Q2 25
$58.8M
$78.6M
Q1 25
$59.5M
$56.6M
Q4 24
$66.9M
$107.1M
Q3 24
$88.3M
$85.5M
Q2 24
$78.8M
Total Debt
MDU
MDU
SITE
SITE
Q1 26
$531.9M
Q4 25
$2.7B
$385.4M
Q3 25
$2.4B
$388.4M
Q2 25
$2.2B
$469.9M
Q1 25
$2.2B
$503.0M
Q4 24
$2.3B
$388.2M
Q3 24
$2.3B
$410.6M
Q2 24
$2.3B
Stockholders' Equity
MDU
MDU
SITE
SITE
Q1 26
$1.6B
Q4 25
$2.8B
$1.7B
Q3 25
$2.7B
$1.7B
Q2 25
$2.7B
$1.6B
Q1 25
$2.7B
$1.6B
Q4 24
$2.7B
$1.6B
Q3 24
$3.1B
$1.6B
Q2 24
$3.0B
Total Assets
MDU
MDU
SITE
SITE
Q1 26
$3.5B
Q4 25
$7.6B
$3.2B
Q3 25
$7.2B
$3.3B
Q2 25
$6.9B
$3.3B
Q1 25
$7.0B
$3.3B
Q4 24
$7.0B
$3.1B
Q3 24
$8.2B
$3.1B
Q2 24
$8.0B
Debt / Equity
MDU
MDU
SITE
SITE
Q1 26
0.33×
Q4 25
0.97×
0.23×
Q3 25
0.86×
0.23×
Q2 25
0.80×
0.29×
Q1 25
0.80×
0.32×
Q4 24
0.85×
0.25×
Q3 24
0.76×
0.25×
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
MDU
MDU
SITE
SITE
Operating Cash FlowLast quarter
$80.6M
Free Cash FlowOCF − Capex
$-336.0M
FCF MarginFCF / Revenue
-64.3%
Capex IntensityCapex / Revenue
79.7%
Cash ConversionOCF / Net Profit
1.06×
TTM Free Cash FlowTrailing 4 quarters
$-297.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MDU
MDU
SITE
SITE
Q1 26
Q4 25
$80.6M
$164.8M
Q3 25
$57.9M
$128.6M
Q2 25
$117.4M
$136.7M
Q1 25
$217.5M
$-129.6M
Q4 24
$60.5M
$119.4M
Q3 24
$140.2M
$115.9M
Q2 24
$136.5M
Free Cash Flow
MDU
MDU
SITE
SITE
Q1 26
Q4 25
$-336.0M
$150.3M
Q3 25
$-121.9M
$118.5M
Q2 25
$36.5M
$122.4M
Q1 25
$124.4M
$-144.4M
Q4 24
$-95.8M
$109.9M
Q3 24
$673.0K
$105.9M
Q2 24
$26.5M
FCF Margin
MDU
MDU
SITE
SITE
Q1 26
Q4 25
-64.3%
14.4%
Q3 25
-38.9%
9.4%
Q2 25
10.5%
8.4%
Q1 25
18.4%
-15.4%
Q4 24
-18.0%
10.8%
Q3 24
0.2%
8.8%
Q2 24
7.7%
Capex Intensity
MDU
MDU
SITE
SITE
Q1 26
Q4 25
79.7%
1.4%
Q3 25
57.3%
0.8%
Q2 25
23.2%
1.0%
Q1 25
13.7%
1.6%
Q4 24
29.4%
0.9%
Q3 24
48.0%
0.8%
Q2 24
32.0%
Cash Conversion
MDU
MDU
SITE
SITE
Q1 26
Q4 25
1.06×
Q3 25
3.16×
2.18×
Q2 25
8.52×
1.06×
Q1 25
2.65×
Q4 24
1.10×
Q3 24
2.17×
2.61×
Q2 24
2.26×

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%

SITE
SITE

Segment breakdown not available.

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