NJR - NYSE
New Jersey Resources Corporation
$54.61
+1.4%New 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.
At a Glance
Live SnapshotNew Jersey Resources Corporation Profit Bridge
Profitability Analysis
Gross Margin
Moderate margins typical of competitive industries. Monitor for pricing pressure or rising costs.
Operating Margin
Healthy operating margins demonstrate effective cost control and strong business fundamentals.
Net Profit Margin
Strong net margins indicate efficient operations and favorable tax/interest management.
Effective Tax Rate
Moderate tax rate typical for most corporations. Represents standard tax burden on profits.
Profitability Insight
Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.
New Jersey Resources Corporation Income Statement
NJR • NYSE
| New Jersey Resources Corporation Income Statement | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | Sep 2008 | Sep 2007 | Sep 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
2B | 1.8B | 1.9B | 2.9B | 2.1B | 2B | 2.6B | 2.9B | 2.3B | 1.9B | 2.7B | 3.7B | 3.2B | 2.2B | 3B | 2.6B | 2.6B | 3.8B | 3B | 3.3B | |
GROSS PROFIT | ||||||||||||||||||||
(1.6B) | (1.3B) | (1.6B) | (2.5B) | (1.8B) | (1.6B) | (2.3B) | (2.5B) | (1.9B) | (1.6B) | (2.3B) | (3.4B) | (2.9B) | (2B) | (2.6B) | (2.2B) | (2.2B) | (3.3B) | (2.6B) | (2.9B) | |
435.8M | 436.7M | 299.8M | 397.1M | 301M | 370.8M | 290.8M | 372.8M | 338.5M | 319.8M | 438.9M | 383.4M | 312.4M | 236.5M | 458.6M | 471.7M | 347.3M | 493.6M | 400.2M | 389.8M | |
OPERATING INCOME | ||||||||||||||||||||
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (141.9M) | (136.9M) | (176.8M) | (171.5M) | (152.3M) | (190.4M) | (182.3M) | (153.1M) | (127.8M) | (315.6M) | (283.6M) | (299.2M) | (292.1M) | (272.9M) | (243.4M) | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (34.5M) | (33.9M) | (39M) | (40.2M) | (39.3M) | (75.8M) | (72.2M) | (48.4M) | (40.4M) | (51.2M) | (46M) | (45M) | (0.0) | (0.0) | (0.0) | |
435.8M | 436.7M | 299.8M | 397.1M | 301M | 228.9M | 153.9M | 196.1M | 167M | 167.5M | 248.5M | 201.2M | 159.2M | 108.7M | 143M | 188.1M | 48.1M | 201.5M | 127.3M | 146.5M | |
PRE-TAX INCOME | ||||||||||||||||||||
(128.6M) | (130.3M) | (123M) | (85.8M) | (78.6M) | (67.6M) | (47.1M) | (46.3M) | (44.9M) | (31M) | (27.7M) | (25.5M) | (24M) | (20.8M) | (19.6M) | (21.3M) | (21M) | (25.8M) | (27.6M) | (0.0) | |
-128.6M | -130.3M | -123M | -85.8M | -78.6M | -67.6M | -47.1M | -46.3M | -44.9M | -31M | -27.7M | -25.5M | -24M | -20.8M | -19.6M | -21.3M | -21M | -25.8M | 0.0 | 0.0 | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (107.4M) | (102.9M) | (16.9M) | (14.4M) | (9.2M) | (6.5M) | (7.6M) | (4.8M) | (2.1M) | (264.4M) | (237.7M) | (254.2M) | (292.1M) | (272.9M) | (243.4M) | |
-3.2M | -62M | 14.2M | -46M | -149.9M | -29.4M | -35.8M | -33.2M | -34.6M | -21.8M | -21.2M | -17.9M | -19.2M | -18.7M | -15.9M | -16M | -16.6M | -21.4M | -21.7M | -19.1M | |
432.6M | 374.7M | 314M | 351.1M | 151.2M | 199.5M | 118.1M | 166.6M | 136.6M | 145.7M | 227.3M | 183.3M | 140M | 90M | 127.1M | 172.1M | 31.5M | 182M | 105.6M | 128.5M | |
NET INCOME | ||||||||||||||||||||
(97M) | (84.9M) | (49.3M) | (76.2M) | (33.3M) | (36.5M) | -37.8M | -53.8M | (18.3M) | (23.5M) | (59.7M) | (51.8M) | (35.6M) | (7.7M) | (37.7M) | (64.7M) | (8.5M) | (68.1M) | (40.3M) | (50M) | |
335.6M | 289.8M | 264.7M | 274.9M | 117.9M | 163M | 169.5M | 233.4M | 132.1M | 131.7M | 181M | 142M | 114.8M | 92.9M | 101.3M | 117.5M | 27.2M | 113.9M | 65.3M | 78.5M |
SEC Filings
NJR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | June 01, 2026 | June 01, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 05, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 04, 2026 | May 04, 2026 | 2026 | |
10-Q 10-Q 2025 Q4 Q4 | February 03, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 02, 2026 | February 02, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 23, 2026 | January 21, 2026 | 2026 | |
DEF 14A DEF 14A 2025 N/A | December 10, 2025 | September 30, 2025 | 2025 | |
10-K 10-K 2025 FY FY | November 20, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 19, 2025 | November 19, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 06, 2025 | November 04, 2025 | 2025 |
Related Guides
Continue your NJR research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.