Seasonality
MDU seasonality — MDU Resources Group, Inc.
Over the last 11 years, MDU's strongest month on average has been November (+5.8%) and its weakest September (-2.4%).
Average return by month
Month-by-month statistics
| Month | Avg | Median | Up % | Best | Worst | Yrs |
|---|---|---|---|---|---|---|
| Jan | +0.75% | -0.26% | 40% | +7.8% | -4.8% | 10 |
| Feb | -0.21% | +0.06% | 50% | +11.1% | -8.8% | 10 |
| Mar | +0.56% | -0.13% | 50% | +16.2% | -22.5% | 10 |
| Apr | +1.05% | +0.64% | 60% | +8.7% | -4.1% | 10 |
| May | -0.60% | +0.08% | 50% | +6.3% | -6.4% | 10 |
| Jun | -0.09% | +0.03% | 50% | +4.6% | -6.9% | 10 |
| Jul | +1.75% | +2.35% | 80% | +7.3% | -5.9% | 10 |
| Aug | +0.06% | +0.21% | 50% | +12.6% | -8.0% | 10 |
| Sep | -2.36% | -4.39% | 30% | +9.3% | -9.3% | 10 |
| Oct | +3.27% | +4.69% | 80% | +7.7% | -5.0% | 10 |
| Nov | +5.81% | +4.97% | 89% | +25.4% | -11.4% | 9 |
| Dec | -0.79% | -0.67% | 50% | +13.3% | -10.1% | 10 |
Monthly returns heat map — MDU
price return, %| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.1 | 0.8 | 0.2 | 8.7 | -6.4 | 0.6 | -5.9 | -0.1 | -6.9 | 6.4 | -5.5 | -4.6% | |
| 2025 | -1.1 | -3.2 | -2.0 | 1.4 | 0.3 | -3.0 | 3.5 | -5.6 | 9.3 | 7.7 | 11.2 | -8.4 | +8.3% |
| 2024 | -1.5 | 11.1 | 16.2 | -2.0 | 2.2 | -0.6 | 7.3 | -4.6 | 6.7 | 5.2 | 25.4 | -10.1 | +64.3% |
| 2023 | 1.9 | 3.0 | -4.3 | -4.1 | -0.1 | 4.6 | 5.6 | -8.0 | -3.8 | -5.0 | 2.9 | 3.5 | -4.9% |
| 2022 | -4.8 | -8.8 | -0.5 | -3.3 | 6.3 | -1.4 | 5.8 | 5.5 | -9.3 | 4.1 | 10.6 | -3.6 | -1.6% |
| 2021 | -0.2 | 6.9 | 12.5 | 5.8 | 0.6 | -6.9 | 1.2 | 1.4 | -7.8 | 3.6 | -11.4 | 13.3 | +17.1% |
| 2020 | -0.3 | -6.3 | -22.5 | 4.5 | -3.1 | 1.9 | -5.4 | 12.6 | -4.7 | 5.6 | 5.0 | 5.6 | -11.3% |
| 2019 | 7.8 | 2.8 | -2.2 | 1.2 | -5.6 | 4.5 | 3.6 | 0.6 | 4.8 | 2.5 | 0.5 | 2.3 | +24.6% |
| 2018 | -1.5 | -0.7 | 7.1 | 0.0 | -1.3 | 3.2 | 1.1 | -3.8 | -7.9 | -2.8 | 6.0 | -9.9 | -11.3% |
| 2017 | 2.0 | -7.6 | 1.0 | -1.7 | 1.2 | -3.8 | 0.6 | 2.6 | -4.0 | 5.4 | 2.2 | -3.8 | -6.6% |
| 2016 | 3.4 |