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.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $641.35M | $440.90M | $234.84M | $569.20M | $358.95M | $209.89M | $433.17M | $321.19M | $199.31M | $384.43M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $638.37M | $425.65M | $300.01M | $633.08M | $298.78M | $269.70M | $487.69M | $331.39M | $259.34M | $478.84M |
| D&A | $50.13M | $49.58M | $47.00M | $47.97M | $45.33M | $40.91M | $40.08M | $40.29M | $38.88M | $38.09M |
| Operating Income | $301.03M | $179.21M | ($1.06M) | $279.95M | $189.58M | $5.94M | $170.22M | $135.82M | $4.73M | $165.18M |
| Interest Expense | $34.98M | $35.68M | $31.69M | $31.62M | $33.89M | $31.17M | $31.62M | $31.47M | $30.12M | $30.26M |
| Income Tax | $66.18M | $34.23M | ($5.14M) | $61.59M | $37.38M | ($2.76M) | $33.95M | $22.94M | ($20.50M) | $30.59M |
| Net Income | $218.91M | $122.49M | ($15.05M) | $204.29M | $131.32M | ($11.57M) | $120.81M | $89.41M | $1.53M | $110.25M |
| EPS - Basic | $2.17 | $1.22 | ($0.15) | $2.04 | $1.32 | ($0.12) | $1.23 | $0.91 | $0.02 | $1.14 |
| EPS - Diluted | $2.16 | $1.21 | ($0.15) | $2.02 | $1.31 | ($0.12) | $1.22 | $0.91 | $0.02 | $1.13 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $125.28M | $2.43M | $591.0K | $83.71M | $1.91M | $1.02M | $5.04M | $2.74M | $954.0K | $27.09M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $169.99M | $136.54M | $204.48M | $121.57M | $112.53M | $169.23M | $127.16M | $105.63M | $151.79M | $121.80M |
| Current Assets | $730.28M | $781.28M | $569.88M | $678.56M | $730.70M | $554.60M | $553.71M | $676.96M | $532.08M | $615.97M |
| Total Assets | $7.94B | $7.91B | $7.58B | $7.27B | $7.19B | $6.98B | $6.65B | $6.75B | $6.54B | $6.30B |
| Current Liabilities | $777.03M | $937.95M | $780.86M | $731.95M | $818.66M | $887.77M | $789.10M | $962.03M | $806.60M | $711.48M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $2.65B | $2.47B | $2.39B | $2.48B | $2.31B | $2.20B | $2.18B | $2.07B | $1.99B | $2.00B |
| Retained Earnings | $1.70B | $1.53B | $1.45B | $1.54B | $1.39B | $1.30B | $1.31B | $1.23B | $1.18B | $1.22B |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $26.73M | - | - | ($8.96M) | - | - | $46.41M | - | - |
| Investing Cash Flow | - | ($179.54M) | - | - | ($19.27M) | - | - | ($113.79M) | - | - |
| Financing Cash Flow | - | $154.75M | - | - | $29.18M | - | - | $69.29M | - | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 46.9% | 40.6% | -0.5% | 49.2% | 52.8% | 2.8% | 39.3% | 42.3% | 2.4% | 43.0% |
| EBITDA margin | 54.8% | 51.9% | 19.6% | 57.6% | 65.4% | 22.3% | 48.5% | 54.8% | 21.9% | 52.9% |
| Net margin | 34.1% | 27.8% | -6.4% | 35.9% | 36.6% | -5.5% | 27.9% | 27.8% | 0.8% | 28.7% |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 23.2% | 21.8% | - | 23.2% | 22.2% | - | 21.9% | 20.4% | - | 21.7% |
| Return on assets | 2.8% | 1.5% | -0.2% | 2.8% | 1.8% | -0.2% | 1.8% | 1.3% | 0.0% | 1.8% |
| Return on equity | 8.3% | 5.0% | -0.6% | 8.2% | 5.7% | -0.5% | 5.5% | 4.3% | 0.1% | 5.5% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.94 | 0.83 | 0.73 | 0.93 | 0.89 | 0.62 | 0.70 | 0.70 | 0.66 | 0.87 |
| Quick ratio | 0.94 | 0.83 | 0.73 | 0.93 | 0.89 | 0.62 | 0.70 | 0.70 | 0.66 | 0.87 |
| Cash ratio | 0.16 | 0.00 | 0.00 | 0.11 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.04 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 8.6x | 5.0x | -0.0x | 8.9x | 5.6x | 0.2x | 5.4x | 4.3x | 0.2x | 5.5x |
| Equity multiplier | 3.00 | 3.20 | 3.17 | 2.93 | 3.11 | 3.17 | 3.05 | 3.27 | 3.28 | 3.15 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.08 | 0.06 | 0.03 | 0.08 | 0.05 | 0.03 | 0.07 | 0.05 | 0.03 | 0.06 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 25.4x | 38.1x | - | 24.3x | 35.6x | - | 35.2x | 49.0x | 2031.5x | 47.1x |
| P / B | 2.1x | 1.9x | 2.0x | 2.0x | 2.0x | 2.1x | 2.0x | 2.1x | 2.0x | 2.6x |
| P / S | 8.7x | 10.6x | 20.6x | 8.7x | 13.1x | 22.3x | 9.8x | 13.7x | 20.0x | 13.5x |
| EV / EBITDA | 15.5x | 20.4x | 105.2x | 14.8x | 19.9x | 99.7x | 20.2x | 24.9x | 91.2x | 25.4x |
| Growth | ||||||||||
| Revenue growth (YoY) | 12.7% | 22.8% | 11.9% | 31.4% | 11.8% | 5.3% | 12.7% | -11.9% | -18.2% | -11.1% |
| Revenue CAGR (3y) | 18.6% | 6.5% | -1.2% | 9.6% | 8.1% | 10.5% | 8.5% | 12.5% | 8.3% | 8.2% |
| Revenue CAGR (5y) | 13.6% | 14.3% | 8.4% | 13.4% | 7.3% | 8.9% | 6.4% | 7.5% | - | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 7.5% | -5.5% | - | 64.5% | 39.6% | 25.4% | 3.0% | -21.4% | -84.1% | 18.9% |
| Net income growth (YoY) | 7.2% | -6.7% | -30.0% | 69.1% | 46.9% | - | 9.6% | -22.9% | -88.3% | 14.8% |
| EPS growth (YoY) | 6.9% | -7.6% | -25.0% | 65.6% | 44.0% | - | 8.0% | -23.5% | -85.7% | 13.0% |
| EPS CAGR (3y) | 24.1% | 0.6% | - | 26.4% | 4.1% | - | -7.7% | 2.7% | - | 7.1% |
| EPS CAGR (5y) | 6.9% | 7.6% | - | 17.0% | 6.2% | - | 8.3% | -1.3% | - | -6.6% |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 6.9% | 6.9% | 8.7% | 13.7% | 11.9% | 10.5% | 8.9% | 7.5% | 9.5% | 12.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Business segments
$152.43M totalCorporate 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 totalNatural 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%
Peer comparison
Same SIC group: Natural Gas Distribution
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 |