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New Jersey Resources Corporation(NJR)Earnings, Financials & Key Ratios
NJR•NYSE•Utilities
$54.86
$5.54B mkt cap·16.5× P/E·Price updated May 6, 2026
AboutNew Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 564,000 residential and commercial customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, owns, and operates commercial and residential solar projects situated in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment offers unregulated wholesale energy management services to other energy companies and natural gas producers, as well as maintains and transacts a portfolio of physical assets consisting of natural gas storage and transportation contracts in the United States and Canada. The Storage and Transportation segment invests in natural gas transportation and storage facilities. It provides heating, ventilation, and cooling services; holds commercial real estate properties; and offers solar equipment installation, and plumbing repair and installation services, as well as engages in the water appliance sale, installation, and servicing activities. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.Show more
- Revenue$2.03B+13.9%
- EBITDA$625M+3.5%
- Net Income$336M+15.8%
- Free Cash Flow-$240M-66.6%
- EBITDA Margin30.72%-9.2%
- Net Margin16.51%+1.6%
- ROE14.62%+5.7%
- Interest Coverage4.32+12.5%
- Debt/Equity1.58-1.6%
- Net Debt/EBITDA6.02+3.4%
- CapEx / Revenue34.73%+8.5%
- CapEx Coverage0.66-11.7%
NJR Key Insights
New Jersey Resources Corporation (NJR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 15.5%
- ✓Strong Piotroski F-Score: 7/9
- ✓Strong interest coverage of 4.3x
- ✓Healthy dividend yield of 3.3%
✗Weaknesses
- ✗High leverage: 6.0x Debt/EBITDA
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NJR Price & Volume
New Jersey Resources Corporation (NJR) stock price & volume — 10-year historical chart
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NJR Growth Metrics
New Jersey Resources Corporation (NJR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-2.8%
5 Years0.81%
3 Years-11.31%
TTM8.48%
Profit CAGR
10 Years6.37%
5 Years15.54%
3 Years6.88%
TTM-17.76%
EPS CAGR
10 Years4.72%
5 Years14.26%
3 Years5.33%
TTM-18.4%
Return on Capital
10 Years5.92%
5 Years6.82%
3 Years6.55%
Last Year6.76%
NJR Recent Earnings
New Jersey Resources Corporation (NJR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
May 4, 2026EPS
$2.20
Est $1.89
+16.4%
Revenue
$939M
Est $850M
+10.5%
Q1 2026
Feb 2, 2026EPS
$1.17
Est $0.95
+23.2%
Revenue
$605M
Est $552M
+9.6%
Q4 2025
Nov 19, 2025EPS
$0.16
Est $0.15
+6.1%
Revenue
$341M
Est $300M
+14.0%
Q3 2025
Aug 4, 2025EPS
$0.06
Est $0.06
+200.0%
Revenue
$299M
Est $307M
-2.7%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 4, 2026 | $2.20vs $1.89+16.4% | $939Mvs $850M+10.5% |
| Q1 2026 | Feb 2, 2026 | $1.17vs $0.95+23.2% | $605Mvs $552M+9.6% |
| Q4 2025 | Nov 19, 2025 | $0.16vs $0.15+6.1% | $341Mvs $300M+14.0% |
| Q3 2025 | Aug 4, 2025 | $0.06vs $0.06+200.0% | $299Mvs $307M-2.7% |
Based on last 12 quarters of dataView full earnings history →
NJR Peer Comparison
New Jersey Resources Corporation (NJR) competitors in Regulated Gas Distribution Utilities — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 SR | 5.09B | 86.21 | 19.73 | -4.5% | 14.48% | 10.44% | 1.54 | |
 NWN | 2.05B | 48.66 | 17.57 | 11.83% | 9.56% | 8.27% | 1.87 | |
 RGCO | 237.55M | 23.01 | 19.84 | -13.13% | 14.48% | 11.72% | 1.37 | |
 NFG | 7.75B | 81.51 | 14.35 | 17.11% | 27.48% | 20.37% | 0.92 | |
 ATO | 30.53B | 184.52 | 24.73 | 12.91% | 27.58% | 7.69% | 0.69 | |
 NI | 22.72B | 47.48 | 24.35 | 21.76% | 14.1% | 8.4% | 1.39 | |
 CNP | 27.64B | 42.33 | 26.46 | 8.26% | 11.38% | 9.59% | 2.12 | |
 UGI | 7.52B | 35.02 | 11.33 | 1.07% | 8.17% | 12.18% | 1.58 |
Compare NJR vs Peers
New Jersey Resources Corporation (NJR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NJR Income Statement
New Jersey Resources Corporation (NJR) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.26B | 2.92B | 2.6B | 1.95B | 2.13B | 2.91B | 1.93B | 1.78B | 2.03B | 2.21B |
| Revenue Growth % | 22.29% | 29.42% | -11.17% | -24.84% | 8.92% | 37.05% | -33.8% | -7.51% | 13.94% | 8.48% |
| Cost of Revenue | 2.05B | 2.64B | 2.43B | 1.78B | 1.83B | 2.52B | 1.63B | 1.35B | 1.6B | 1.6B |
| Gross Profit | 209.9M▲ 0% | 285.54M▲ 36.0% | 171.66M▼ 39.9% | 172.2M▲ 0.3% | 301.05M▲ 74.8% | 397.07M▲ 31.9% | 299.83M▼ 24.5% | 436.7M▲ 45.7% | 435.78M▼ 0.2% | 613.25M▲ 0% |
| Gross Margin % | 9.29% | 9.76% | 6.61% | 8.82% | 14.16% | 13.62% | 15.54% | 24.47% | 21.43% | 27.74% |
| Gross Profit Growth % | 19.27% | 36.03% | -39.88% | 0.32% | 74.82% | 31.9% | -24.49% | 45.65% | -0.21% | - |
| Operating Expenses | 49.37M | 52.1M | 11.19M | 0 | 0 | 0 | 0 | 0 | 0 | 82.73M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| EBITDA | 242.38M | 338.93M | 261.94M | 289.77M | 421.62M | 534.68M | 455.04M | 603.39M | 624.55M | 726.83M |
| EBITDA Margin % | 10.73% | 11.59% | 10.08% | 14.84% | 19.83% | 18.35% | 23.58% | 33.81% | 30.72% | 32.88% |
| EBITDA Growth % | 16.24% | 39.83% | -22.71% | 10.63% | 45.5% | 26.82% | -14.9% | 32.6% | 3.51% | 0.85% |
| Depreciation & Amortization | 81.84M | 105.49M | 101.47M | 117.57M | 120.58M | 137.61M | 155.21M | 166.69M | 188.77M | 195.18M |
| D&A / Revenue % | 3.62% | 3.61% | 3.91% | 6.02% | 5.67% | 4.72% | 8.04% | 9.34% | 9.28% | 8.83% |
| Operating Income (EBIT) | 160.54M▲ 0% | 233.44M▲ 45.4% | 160.47M▼ 31.3% | 172.2M▲ 7.3% | 301.05M▲ 74.8% | 397.07M▲ 31.9% | 299.83M▼ 24.5% | 436.7M▲ 45.7% | 435.78M▼ 0.2% | 531.64M▲ 0% |
| Operating Margin % | 7.1% | 7.98% | 6.18% | 8.82% | 14.16% | 13.62% | 15.54% | 24.47% | 21.43% | 24.05% |
| Operating Income Growth % | 18.24% | 45.41% | -31.26% | 7.31% | 74.82% | 31.9% | -24.49% | 45.65% | -0.21% | - |
| Interest Expense | 44.89M | 46.29M | 47.08M | 67.6M | 78.56M | 85.83M | 123.01M | 130.28M | 128.59M | 4M |
| Interest Coverage | 4.08x | 4.61x | 3.50x | 3.74x | 3.98x | 4.98x | 3.57x | 3.84x | 4.32x | - |
| Interest / Revenue % | 1.99% | 1.58% | 1.81% | 3.46% | 3.69% | 2.94% | 6.38% | 7.3% | 6.32% | 0.18% |
| Non-Operating Income | -1000K | -1000K | -1000K | 1000K | -1000K | -1000K | 1000K | -1000K | -1000K | -4M |
| Pretax Income | 150.41M▲ 0% | 179.65M▲ 19.4% | 131.75M▼ 26.7% | 199.5M▲ 51.4% | 151.18M▼ 24.2% | 351.12M▲ 132.3% | 314M▼ 10.6% | 374.68M▲ 19.3% | 432.58M▲ 15.5% | 439.8M▲ 0% |
| Pretax Margin % | 6.66% | 6.14% | 5.07% | 10.22% | 7.11% | 12.05% | 16.27% | 21% | 21.27% | 19.9% |
| Income Tax | 18.34M | -53.78M | -37.75M | 36.49M | 33.29M | 76.19M | 49.27M | 84.91M | 96.96M | 98.38M |
| Effective Tax Rate % | 12.2% | -29.94% | -28.65% | 18.29% | 22.02% | 21.7% | 15.69% | 22.66% | 22.41% | 22.37% |
| Net Income | 132.06M▲ 0% | 233.44M▲ 76.8% | 169.5M▼ 27.4% | 163.01M▼ 3.8% | 117.89M▼ 27.7% | 274.92M▲ 133.2% | 264.72M▼ 3.7% | 289.77M▲ 9.5% | 335.63M▲ 15.8% | 341.42M▲ 0% |
| Net Margin % | 5.84% | 7.98% | 6.53% | 8.35% | 5.54% | 9.43% | 13.72% | 16.24% | 16.51% | 15.45% |
| Net Income Growth % | 0.3% | 76.76% | -27.39% | -3.83% | -27.68% | 133.2% | -3.71% | 9.46% | 15.82% | -17.76% |
| EPS (Diluted) | 1.52▲ 0% | 2.64▲ 73.7% | 1.89▼ 28.4% | 1.71▼ 9.5% | 1.22▼ 28.7% | 2.85▲ 133.6% | 2.71▼ 4.9% | 2.92▲ 7.7% | 3.33▲ 14.0% | 3.36▲ 0% |
| EPS Growth % | 0% | 73.68% | -28.41% | -9.52% | -28.66% | 133.61% | -4.91% | 7.75% | 14.04% | -18.4% |
| EPS (Basic) | 1.53 | 2.66 | 1.90 | 1.72 | 1.23 | 2.86 | 2.73 | 2.94 | 3.35 | - |
| Diluted Shares Outstanding | 87.14M | 88.31M | 89.62M | 95.1M | 96.56M | 96.49M | 97.63M | 99.29M | 100.79M | 101.48M |
NJR Balance Sheet
New Jersey Resources Corporation (NJR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 3.93B | 4.14B | 4.37B | 5.32B | 5.72B | 6.26B | 6.54B | 6.98B | 7.58B | 0 |
| Asset Growth % | 5.4% | 5.48% | 5.53% | 21.58% | 7.63% | 9.42% | 4.41% | 6.79% | 8.55% | -74.32% |
| PP&E (Net) | 2.61B | 2.65B | 3.04B | 3.85B | 4.39B | 4.82B | 5.2B | 5.59B | 6B | 0 |
| PP&E / Total Assets % | 66.43% | 63.98% | 69.54% | 72.5% | 76.67% | 76.95% | 79.51% | 80.03% | 79.11% | - |
| Total Current Assets | 579.44M | 770.08M | 511.61M | 622.33M | 634.27M | 756.09M | 532.08M | 554.6M | 569.88M | 0 |
| Cash & Equivalents | 28.05M | 55.18M | 76.4M | 186.46M | 77.59M | 95.37M | 21.75M | 14.26M | 9.51M | 0 |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Inventory | 214.01M | 198.54M | 184.28M | 187.91M | 213.17M | 293.97M | 226.52M | 237.61M | 259.26M | 0 |
| Other Current Assets | 99.92M | 298.98M | 98.9M | 91.47M | 122.61M | 126.99M | 153.36M | 88.69M | 79.43M | 0 |
| Long-Term Investments | 238.34M | 223.78M | 200.27M | 208.38M | 114.53M | 106.57M | 104.13M | 101.74M | 174.02M | 495.83M |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 41.08M | 23.38M | 14.61M | 14.77M | 10.61M | 8.47M | 8.45M | 10.52M | 11.15M | 0 |
| Other Assets | 418.46M | 459.79M | 101.27M | 85.66M | 49.92M | 490.19M | 666.65M | 706.33M | 807.21M | 0 |
| Total Liabilities | 2.69B | 2.72B | 2.82B | 3.67B | 4.09B | 4.44B | 4.55B | 4.78B | 5.19B | 4.71B |
| Total Debt | 1.43B | 1.46B | 1.58B | 2.51B | 2.76B | 3.13B | 3.29B | 3.52B | 3.77B | 3.61B |
| Net Debt | 1.4B | 1.4B | 1.51B | 2.33B | 2.68B | 3.03B | 3.27B | 3.51B | 3.76B | 3.61B |
| Long-Term Debt | 957.42M | 1.18B | 1.51B | 2.2B | 2.15B | 2.46B | 2.75B | 2.86B | 3.24B | 3.44B |
| Short-Term Borrowings | 431.38M | 275.5M | 46.87M | 159.31M | 454.44M | 503.58M | 373.03M | 485.75M | 358.18M | 169.76M |
| Capital Lease Obligations | 39.66M | 0 | 23.67M | 158.77M | 156.1M | 162.13M | 170.9M | 175.33M | 169.5M | 521.22M |
| Total Current Liabilities | 802.92M | 750.98M | 446.38M | 533.72M | 1.05B | 1.1B | 806.6M | 887.77M | 780.86M | 777.03M |
| Accounts Payable | 258.14M | 347.69M | 267.79M | 238.24M | 394.8M | 392.48M | 203.93M | 227.62M | 267.71M | 0 |
| Accrued Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue | 27.73M | 9.1M | 1.55M | 1.03M | 847K | 35.55M | 61.4M | 21.57M | 22.61M | 21.14M |
| Other Current Liabilities | 113.4M | 127.79M | 131.72M | 136.18M | 202.17M | 172.54M | 168.25M | 152.83M | 132.36M | 586.13M |
| Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1.82B |
| Other Liabilities | 345.13M | 537.58M | 641.84M | 641.91M | 569.09M | 473.88M | 535.6M | 490.63M | 538.86M | 0 |
| Total Equity | 1.24B▲ 0% | 1.42B▲ 14.7% | 1.55B▲ 9.4% | 1.64B▲ 5.9% | 1.63B▼ 0.8% | 1.82B▲ 11.4% | 1.99B▲ 9.5% | 2.2B▲ 10.5% | 2.39B▲ 8.7% | 0▲ 0% |
| Equity Growth % | 6% | 14.74% | 9.35% | 5.94% | -0.79% | 11.43% | 9.55% | 10.53% | 8.69% | -71.31% |
| Shareholders Equity | 1.24B | 1.42B | 1.55B | 1.64B | 1.63B | 1.82B | 1.99B | 2.2B | 2.39B | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 222.26M | 226.2M | 226.65M | 240.24M | 240.64M | 241.62M | 243.46M | 248.16M | 250.71M | 3.59B |
| Additional Paid-in Capital | 219.7M | 274.75M | 291.33M | 491.98M | 502.58M | 519.7M | 558.65M | 633.81M | 676.63M | 0 |
| Retained Earnings | 867.98M | 1.01B | 1.08B | 947.5M | 934.61M | 1.07B | 1.18B | 1.3B | 1.45B | 1.7B |
| Accumulated OCI | -3.26M | -12.61M | -31.79M | -44.31M | -34.53M | -4.83M | -9.96M | -6.52M | -11.46M | -10.95M |
| Return on Assets (ROA) | 3.45% | 5.78% | 3.98% | 3.36% | 2.14% | 4.59% | 4.14% | 4.29% | 4.61% | 6% |
| Return on Equity (ROE) | 10.99% | 17.58% | 11.41% | 10.2% | 7.2% | 15.95% | 13.9% | 13.83% | 14.62% | 18.74% |
| Debt / Equity | 1.16x | 1.03x | 1.02x | 1.53x | 1.69x | 1.72x | 1.65x | 1.60x | 1.58x | 1.58x |
| Debt / Assets | 36.36% | 35.14% | 36.22% | 47.28% | 48.2% | 49.95% | 50.31% | 50.48% | 49.71% | - |
| Net Debt / EBITDA | 5.78x | 4.13x | 5.76x | 8.03x | 6.36x | 5.67x | 7.18x | 5.82x | 6.02x | 6.02x |
| Book Value per Share | 14.19 | 16.07 | 17.32 | 17.29 | 16.89 | 18.83 | 20.39 | 22.16 | 23.73 | 23.73 |
NJR Cash Flow Statement
New Jersey Resources Corporation (NJR) cash flow — operating, investing & free cash flow history
| Line item | Sep'17 | Sep'18 | Sep'19 | Sep'20 | Sep'21 | Sep'22 | Sep'23 | Sep'24 | Sep'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 248.05M | 398.29M | 194.13M | 213.48M | 390.95M | 323.48M | 478.99M | 427.41M | 466.35M | 466.35M |
| Operating CF Growth % | 73.91% | 60.57% | -51.26% | 9.97% | 83.13% | -17.26% | 48.08% | -10.77% | 9.11% | 131.55% |
| Operating CF / Revenue % | 10.98% | 13.62% | 7.47% | 10.93% | 18.38% | 11.1% | 24.83% | 23.95% | 22.94% | 21.1% |
| Net Income | 132.06M | 233.44M | 123.94M | 163.01M | 117.89M | 274.92M | 264.72M | 289.77M | 335.63M | 341.42M |
| Depreciation & Amortization | 81.84M | 85.7M | 101.47M | 107.37M | 120.58M | 129.25M | 155.21M | 166.69M | 188.77M | 195.18M |
| Deferred Taxes | 0 | -60.15M | -59.01M | 0 | 23.8M | 81.52M | 0 | 0 | 75.04M | 81.32M |
| Other Non-Cash Items | 21.16M | -33.38M | -622K | -16.05M | 129.07M | -145.66M | -1.21M | 63.46M | -116.5M | -351.47M |
| Working Capital Changes | 7.17M | 159.83M | 18.56M | -40.85M | -7.53M | -16.55M | 45.55M | -108.55M | -34.37M | -202.89M |
| Capital Expenditures | -325.65M | -377.94M | -498.05M | -994.02M | -624.61M | -598.43M | -540.92M | -571.32M | -706.08M | -608.69M |
| CapEx / Revenue % | 14.41% | 12.92% | 19.17% | 50.91% | 29.37% | 20.53% | 28.04% | 32.02% | 34.73% | 26.77% |
| CapEx / D&A | 3.98x | 4.41x | 4.91x | 9.26x | 5.18x | 4.63x | 3.49x | 3.43x | 3.74x | 3.03x |
| CapEx Coverage (OCF/CapEx) | 0.76x | 1.05x | 0.39x | 0.21x | 0.63x | 0.54x | 0.89x | 0.75x | 0.66x | 0.79x |
| Cash from Investing | -390.66M | -373.1M | -287.38M | -994.02M | -622.12M | -590.61M | -538.63M | -569.07M | -568.27M | -595.59M |
| Acquisitions | -82.73M | -4.88M | 178.54M | -2.12M | -690K | 5.48M | 0 | 0 | 0 | 0 |
| Purchase of Investments | 9.76M | -9K | 0 | -2.12M | -690K | -5.48M | 0 | 0 | 0 | 0 |
| Sale of Investments | 7.96M | 6.62M | 34.48M | 2.12M | 690K | 5.48M | 0 | 0 | 0 | 0 |
| Other Investing | 1.32M | 3.12M | -2.35M | -521.74M | 3.18M | 2.34M | 2.29M | 2.25M | 137.81M | -3.77M |
| Cash from Financing | 107.3M | -25.95M | 95.6M | 895.9M | 117.78M | 262.54M | 59.7M | 141.76M | 101.96M | 435.49M |
| Dividends Paid | -87.99M | -95.83M | -104.06M | -117.8M | -116.96M | -127.7M | -150.97M | -165.06M | -180.07M | -138.02M |
| Dividend Payout Ratio % | 66.62% | 41.05% | 61.39% | 72.27% | 99.21% | 46.45% | 57.03% | 56.96% | 53.65% | - |
| Debt Issuance (Net) | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 3M |
| Stock Issued | 17.49M | 58.81M | 74.11M | 230.98M | 15.11M | 14.74M | 57.8M | 14.68M | 34.83M | 11.09M |
| Share Repurchases | -6.36M | 0 | 0 | 0 | -27.22M | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 37.7M | -13.76M | -7.1M | -3.81M | -4.76M | -4.18M | -4.58M | 54.01M | -12.57M | -7.84M |
| Net Change in Cash | -35.32M▲ 0% | -768K▲ 97.8% | 2.35M▲ 406.4% | 115.36M▲ 4802.7% | -113.38M▼ 198.3% | -4.59M▲ 96.0% | 65K▲ 101.4% | 95K▲ 46.2% | 37K▼ 61.1% | -92.55M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13.8M |
| Cash at Beginning | 37.55M | 2.23M | 1.71M | 4.06M | 119.42M | 6.04M | 1.45M | 1.52M | 1.61M | 7.82M |
| Cash at End | 2.23M | 1.46M | 4.06M | 119.42M | 6.04M | 1.45M | 1.52M | 1.61M | 1.65M | 0 |
| Free Cash Flow | -77.6M▲ 0% | 20.34M▲ 126.2% | -308.7M▼ 1617.6% | -780.54M▼ 152.8% | -233.66M▲ 70.1% | -274.95M▼ 17.7% | -61.93M▲ 77.5% | -143.91M▼ 132.4% | -239.73M▼ 66.6% | -527.34M▲ 0% |
| FCF Growth % | 63.32% | 126.21% | -1617.57% | -152.85% | 70.06% | -17.67% | 77.48% | -132.39% | -66.58% | -519.29% |
| FCF Margin % | -3.43% | 0.7% | -11.88% | -39.98% | -10.99% | -9.43% | -3.21% | -8.06% | -11.79% | -23.86% |
| FCF / Net Income % | -58.76% | 8.71% | -182.12% | -478.84% | -198.2% | -100.01% | -23.39% | -49.66% | -71.43% | -154.45% |
NJR Key Ratios
New Jersey Resources Corporation (NJR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 10.99% | 17.58% | 11.41% | 10.2% | 7.2% | 15.95% | 13.9% | 13.83% | 14.62% | 18.74% |
| EBITDA Margin | 10.73% | 11.59% | 10.08% | 14.84% | 19.83% | 18.35% | 23.58% | 33.81% | 30.72% | 32.88% |
| Net Debt / EBITDA | 5.78x | 4.13x | 5.76x | 8.03x | 6.36x | 5.67x | 7.18x | 5.82x | 6.02x | 6.02x |
| Interest Coverage | 4.08x | 4.61x | 3.50x | 3.74x | 3.98x | 4.98x | 3.57x | 3.84x | 4.32x | - |
| CapEx / Revenue | 14.41% | 12.92% | 19.17% | 50.91% | 29.37% | 20.53% | 28.04% | 32.02% | 34.73% | 26.77% |
| Dividend Payout Ratio | 66.62% | 41.05% | 61.39% | 72.27% | 99.21% | 46.45% | 57.03% | 56.96% | 53.65% | 40.43% |
| Debt / Equity | 1.16x | 1.03x | 1.02x | 1.53x | 1.69x | 1.72x | 1.65x | 1.60x | 1.58x | 1.58x |
| EPS Growth | 0% | 73.68% | -28.41% | -9.52% | -28.66% | 133.61% | -4.91% | 7.75% | 14.04% | -18.4% |
NJR SEC Filings & Documents
New Jersey Resources Corporation (NJR) SEC filings — annual & quarterly reports (10-K, 10-Q)
NJR Frequently Asked Questions
New Jersey Resources Corporation (NJR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
New Jersey Resources Corporation (NJR) reported $2.21B in revenue for fiscal year 2025. This represents a 303% increase from $548.5M in 1996.
New Jersey Resources Corporation (NJR) grew revenue by 13.9% over the past year. This is steady growth.
Yes, New Jersey Resources Corporation (NJR) is profitable, generating $341.4M in net income for fiscal year 2025 (16.5% net margin).
Dividend & Returns
Yes, New Jersey Resources Corporation (NJR) pays a dividend with a yield of 3.26%. This makes it attractive for income-focused investors.
New Jersey Resources Corporation (NJR) has a return on equity (ROE) of 14.6%. This is reasonable for most industries.
New Jersey Resources Corporation (NJR) had negative free cash flow of $527.3M in fiscal year 2025, likely due to heavy capital investments.
Industry Metrics
New Jersey Resources Corporation (NJR) has a dividend payout ratio of 54%. This suggests the dividend is well-covered and sustainable.
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