NJR · New Jersey Resources Corp - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · NJR

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$1.35B	$1.23B	$1.11B	$1.20B	$852.11M	$833.68M
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	-	-	-	-	-	-
SG&A	-	-	-	-	-	-
Total Operating Expenses	$1.53B	$1.34B	$1.56B	$2.50B	$1.87B	$1.74B
D&A	$188.77M	$166.57M	$152.94M	$129.25M	$111.39M	$119.89M
Operating Income	$508.87M	$458.10M	$407.00M	$406.48M	$288.35M	$216.38M
Interest Expense	$128.59M	$130.28M	$123.01M	$85.83M	$78.56M	$67.60M
Income Tax	$96.96M	$84.91M	$49.27M	$76.19M	$33.29M	($6.94M)
Net Income	$335.63M	$289.77M	$264.72M	$274.92M	$117.89M	$193.92M
EPS - Basic	$3.35	$2.94	$2.73	$2.86	$1.23	$2.05
EPS - Diluted	$3.33	$2.92	$2.71	$2.85	$1.22	$2.04

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$591.0K	$1.02M	$954.0K	$1.11M	$4.75M	$117.01M
Accounts Receivable	-	-	-	-	-	-
Inventory	-	-	-	-	-	-
Accounts Payable	$204.48M	$169.23M	$151.79M	$156.58M	$225.24M	$141.50M
Current Assets	$569.88M	$554.60M	$532.08M	$756.09M	$634.27M	$622.33M
Total Assets	$7.58B	$6.98B	$6.54B	$6.26B	$5.72B	$5.57B
Current Liabilities	$780.86M	$887.77M	$806.60M	$1.10B	$1.05B	$533.72M
Long-term Debt	-	-	-	-	-	-
Total Liabilities	-	-	-	-	-	-
Stockholders' Equity	$2.39B	$2.20B	$1.99B	$1.82B	$1.63B	$1.84B
Retained Earnings	$1.45B	$1.30B	$1.18B	$1.07B	$934.61M	$1.15B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$466.35M	$427.41M	$478.99M	$323.48M	$390.95M	$213.48M
Investing Cash Flow	($568.27M)	($569.07M)	($538.63M)	($590.61M)	($622.12M)	($994.02M)
Financing Cash Flow	$101.96M	$141.76M	$59.70M	$262.54M	$117.78M	$895.90M
CapEx	$238.19M◇	$104.29M◇	$107.30M◇	$146.68M◇	-	-
Free Cash Flow	$228.16M◇	$323.12M◇	$371.69M◇	$176.80M◇	-	-

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	37.7%	37.2%	36.6%	33.9%	33.8%	26.0%
EBITDA margin	51.6%	50.8%	50.4%	44.7%	46.9%	40.3%
Net margin	24.8%	23.6%	23.8%	22.9%	13.8%	23.3%
Free cash flow margin	16.9%	26.3%	33.4%	14.7%	-	-
FCF / Net income	0.68	1.12	1.40	0.64	-	-
R&D / Revenue	-	-	-	-	-	-
SG&A / Revenue	-	-	-	-	-	-
Effective tax rate	22.4%	22.7%	15.7%	21.7%	22.0%	-3.7%
Return on assets	4.4%	4.2%	4.0%	4.4%	2.1%	3.5%
Return on equity	14.0%	13.2%	13.3%	15.1%	7.2%	10.5%
Return on invested capital	-	-	-	-	-	-
Liquidity
Current ratio	0.73	0.62	0.66	0.68	0.60	1.17
Quick ratio	0.73	0.62	0.66	0.68	0.60	1.17
Cash ratio	0.00	0.00	0.00	0.00	0.00	0.22
Leverage
Debt / Equity	-	-	-	-	-	-
Debt / Assets	-	-	-	-	-	-
Debt / EBITDA	-	-	-	-	-	-
Interest coverage	4.0x	3.5x	3.3x	4.7x	3.7x	3.2x
Equity multiplier	3.17	3.17	3.28	3.45	3.51	3.02
Liabilities / Assets	-	-	-	-	-	-
Efficiency
Asset turnover	0.18	0.18	0.17	0.19	0.15	0.15
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	-	-	-	-	-	-
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	14.5x	16.2x	15.0x	13.6x	28.5x	13.2x
P / B	2.0x	2.1x	2.0x	2.1x	2.1x	1.4x
P / S	3.6x	3.8x	3.6x	3.1x	3.9x	3.1x
EV / EBITDA	7.0x	7.5x	7.1x	7.0x	8.4x	7.3x
Growth
Revenue growth (YoY)	9.9%	10.7%	-7.3%	40.7%	2.2%	6.6%
Revenue CAGR (3y)	4.1%	13.0%	10.1%	15.3%	-	-
Revenue CAGR (5y)	10.1%	9.5%	-	-	-	-
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	11.1%	12.6%	0.1%	41.0%	33.3%	40.6%
Net income growth (YoY)	15.8%	9.5%	-3.7%	133.2%	-39.2%	14.4%
EPS growth (YoY)	14.0%	7.7%	-4.9%	133.6%	-40.2%	7.9%
EPS CAGR (3y)	5.3%	33.8%	9.9%	14.7%	-22.7%	10.3%
EPS CAGR (5y)	10.3%	9.1%	0.5%	13.4%	-4.3%	-0.6%
FCF growth (YoY)	-29.4%	-13.1%	110.2%	-	-	-
FCF CAGR (5y)	-	-	-	11.2%	-	-
Book value growth (YoY)	8.7%	10.5%	9.5%	11.4%	-11.6%	18.9%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-09-30.

Business segments

$152.43M total

Corporate And Other$61.42M · 40.3%

Energy Services ESSegment$47.65M · 31.3%

Clean Energy Ventures CEVSegment$44.81M · 29.4%

Storage And Transportation STSegment($41.0K) · -0.0%

Home Services And Other HSO($302.0K) · -0.2%

Natural Gas Distribution NJNGSegment($1.12M) · -0.7%

Product / service

$1.25B total

Natural Gas Utility$1.09B · 87.5%

Wholesale Natural Gas$47.65M · 3.8%

Service Contracts$37.33M · 3.0%

Electricity$27.24M · 2.2%

Installationand Maintenance$25.56M · 2.1%

Renewable Energy Certificates$17.57M · 1.4%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

6/9

Neutral

✓Net income positive
✓Operating cash flow positive
✓ROA improved YoY
✓Cash flow > net income
-Long-term debt decreased
✓Current ratio improved
✗No share dilution
-Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Natural Gas Distribution

Company	Revenue (last FY)	Net margin	ROE
NFG	$2.28B	22.8%	16.8%
NWN	$1.29B	8.8%	7.7%
ATO	$4.70B	25.5%	8.8%
LNG	$19.98B	26.7%	67.3%
SR	$2.48B	11.0%	8.0%

Comparing NEW JERSEY RESOURCES CORP against the 5 most active filers in the same SIC group.

Dividends

$1.87/share trailing 12 months · +5.9% YoY

Ex-date	Per share
Mar 11, 2026	$0.4750
Dec 12, 2025	$0.4750
Sep 22, 2025	$0.4750
Jun 10, 2025	$0.4500
Mar 11, 2025	$0.4500
Dec 11, 2024	$0.4500
Sep 23, 2024	$0.4500
Jun 12, 2024	$0.4200
Mar 12, 2024	$0.4200
Dec 12, 2023	$0.4200
Sep 19, 2023	$0.4200
Jun 13, 2023	$0.3900
Mar 14, 2023	$0.3900
Dec 13, 2022	$0.3900
Sep 23, 2022	$0.3900
Jun 14, 2022	$0.3630
Mar 15, 2022	$0.3630
Dec 14, 2021	$0.3630
Sep 17, 2021	$0.3630
Jun 15, 2021	$0.3330
Mar 16, 2021	$0.3330
Dec 15, 2020	$0.3330
Sep 21, 2020	$0.3330
Jun 15, 2020	$0.3130

Cells marked with a small ◇ are sourced from SEC's bulk Financial Statement Data Sets, which can lose dimensional context (notably Revenue and Operating Income for issuers that report by segment). These cells will be replaced with authoritative values from the Company Facts API as the backfill completes.