NEW JERSEY RESOURCES CORP

NJR

NEW JERSEY RESOURCES CORP

NJR

Insider Sentiment (TTM):

Last Purchase:-Last Sale:2026-05-22Shares Purchased (TTM):0Shares Sold (TTM):27,721

Institutional Sentiment:

As of:2026-03-31Institutional Shares Owned:73,589,864Shares Outstanding:100,849,000Institutional Ownership Pct.:72.97%

Earnings Market Reaction:

Filing Date:2026-05-05Price on Filing Date:N/APrevious Close:N/A% Change:N/A

Companies in Natural Gas Distribution

LNG VG ATO NFG OGS SR

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Financial Statements

10‑Q10‑K

Values in Millions ($)	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Related Party	0	1	1	-0	-0	1	1	0	0	1	1	1
Assets
Property Plant And Equipm…
Public Utilities Property Plant And Equipment Plan…	4,577	4,527	4,434	4,375	4,317	4,280	4,221	4,133	4,012	3,928	3,843	3,742
Property Plant And Equipment Other	1,999	1,999	1,973	1,794	1,737	1,724	1,835	1,805	1,791	1,784	1,767	1,745
Construction In Progress Gross	278	217	151	256	250	220	207	206	171	154	143	127
Public Utilities Property Plant And Equipment Accu…	-900	-874	-851	-852	-832	-811	-787	-771	-754	-732	-714	-715
Assets Current
Cash And Cash Equivalents At Carrying Value	125	2	1	1	84	2	1	22	5	3	1	1
Accounts Receivable Net
Accounts Receivable Gross Current	291	260	109	173	263	211	106	128	185	170	98	110
Unbilled Receivables Current	79	152	24	22	74	117	20	21	74	92	19	16
Allowance For Doubtful Accounts Receivable Current	-12	-10	-11	-12	-11	-8	-9	-11	-10	-9	-11	-13
Regulatory Assets Current	32	29	49	46	35	65	73	90	94	77	74	96
Energy Related Inventory Natural Gas In Storage	61	191	216	168	100	192	199	132	81	194	200	155
Other Inventory	45	45	43	43	43	40	38	32	30	31	27	31
Other Prepaid Expense Current	19	20	11	15	18	19	12	14	16	16	10	11
Prepaid Taxes	26	33	67	51	16	32	67	55	18	23	43	36
Derivative Assets Current	10	13	13	8	6	5	7	5	14	38	31	32
Receivables From Brokers Dealers And Clearing Orga…	9	5	9	13	20	23	13	19	19	19	21	20
Other Assets Current	45	40	40	34	31	33	27	28	26	24	21	24
Assets Current	730	781	570	562	679	731	555	534	554	677	532	520
Assets Noncurrent
Equity Method Investments	103	102	101	101	101	102	102	101	102	103	104	104
Regulatory Assets Noncurrent	620	665	673	616	603	613	609	557	535	582	585	528
Operating Lease Right Of Use Asset	188	189	186	192	187	183	184	186	177	176	176	164
Derivative Assets Noncurrent	2	1	2	6	29	2	1	1	1	1	2	2
Capitalized Computer Software Net	11	11	11	11	11	11	11	10	10	9	8	8
Intangible Assets Net Excluding Goodwill	-	-	-	-	-	-	-	-	-	-	0	1
Deferred Income Tax Assets Net	21	20	21	23	22	23	21	23	23	23	28	26
Defined Benefit Plan Assets For Plan Benefits Nonc…	43	42	41	26	24	23	25	19	19	19	19	-
Receivables Fair Value Disclosure	43	43	43	-	-	-	0	-	-	-	-	-
Other Assets Noncurrent	99	91	122	92	88	79	72	69	62	63	62	67
Assets Noncurrent Other Than Noncurrent Investment…	1,129	1,163	1,199	1,065	1,066	1,035	1,024	965	928	976	983	899
Assets	7,943	7,906	7,579	7,274	7,266	7,194	6,982	6,784	6,647	6,749	6,537	6,313
Liabilities And Stockhold…
Capitalization Longterm D…
Common Stock Value	252	251	251	250	250	250	248	247	246	245	243	243
Additional Paid In Capital Common Stock	693	689	677	672	669	664	634	618	604	583	559	555
Accumulated Other Comprehensive Income Loss Net Of…	-11	-11	-11	-6	-6	-6	-7	0	0	-10	-10	-4
Retained Earnings Accumulated Deficit	1,697	1,526	1,451	1,484	1,544	1,385	1,299	1,252	1,306	1,226	1,178	1,182
Stockholders Equity	2,649	2,472	2,392	2,424	2,478	2,313	2,200	2,143	2,179	2,066	1,991	1,995
Long Term Debt And Capital Lease Obligations	3,282	3,274	3,250	3,021	2,970	2,989	2,879	2,794	2,726	2,739	2,768	2,729
Capitalization Longterm Debt And Equity	5,930	5,746	5,642	5,444	5,448	5,302	5,080	4,937	4,905	4,805	4,759	4,724
Liabilities Current
Long Term Debt And Capital Lease Obligations Curre…	165	162	158	56	111	92	189	197	148	220	116	162
Short Term Borrowings	150	369	196	307	162	337	292	255	196	269	252	145
Gas Purchase Payable Current	76	95	63	63	110	89	58	53	64	76	51	46
Other Liabilities Current	1	1	-	1	1	1	-	1	1	1	-	1
Contract With Customer Liability Current	21	21	23	24	22	22	22	100	110	119	61	42
Accounts Payable Current	170	137	204	139	122	113	169	145	127	106	152	122
Dividends Payable Current	48	48	48	45	45	45	45	42	41	41	41	38
Accrued Income Taxes Current	30	12	12	19	50	11	11	9	16	11	10	11
Regulatory Liability Current	72	23	13	29	53	33	33	32	33	30	32	28
Derivative Liabilities Current	8	9	8	8	20	13	6	8	11	13	16	18
Operating Lease Liability Current	5	5	4	6	6	5	5	5	5	5	5	5
Commissions Payable To Broker Dealers And Clearing…	1	2	4	0	0	0	1	0	5	12	8	1
Deferred Income Current	23	40	31	24	23	43	39	29	25	45	45	30
Liabilities Current	777	938	781	739	732	819	888	894	789	962	807	669
Liabilities Noncurrent
Deferred Income Tax Liabilities Net	491	469	438	415	406	383	359	332	331	299	285	275
Accumulated Deferred Investment Tax Credit	2	2	2	2	2	2	2	2	2	2	2	3
Derivative Liabilities Noncurrent	5	6	4	5	4	12	11	12	14	7	8	13
Accrued Environmental Loss Contingencies Noncurren…	166	167	167	156	160	161	162	154	158	165	169	123
Pension And Other Postretirement Defined Benefit P…	110	109	109	72	72	71	65	42	42	102	103	89
Regulatory Liability Noncurrent	169	171	171	172	173	175	176	177	178	180	180	182
Operating Lease Liability Noncurrent	163	163	159	169	163	159	159	160	151	149	148	136
Asset Retirement Obligations Noncurrent	78	77	77	68	68	67	67	63	63	62	62	57
Other Liabilities Noncurrent	10	11	11	10	10	10	10	10	13	13	13	11
Liabilities Noncurrent	1,236	1,222	1,156	1,091	1,086	1,073	1,014	953	953	982	972	920
Liabilities And Stockholders Equity	7,943	7,906	7,579	7,274	7,266	7,194	6,982	6,784	6,647	6,749	6,537	6,313
Common Stock Par Or Stated Value Per Share	2.5	2.5	2.5	2.5	2.5	2.5	2.5	2.5	2.5	2.5	2.5	2.5
Common Stock Shares Authorized	150	150	150	150	150	150	150	150	150	150	150	150
Shares Outstanding	101	101	100	100	100	100	99	99	99	98	98	97
Treasury Stock Common Shares	0	0	0	0	0	0	0	0	0	0	0	0

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Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2026	4.69%	6.30%	8.69%	-1.32%	3.79%	8.19%	-	-	-	-	-	-
2025	4.00%	7.14%	6.62%	-5.85%	-7.40%	-4.75%	1.35%	3.45%	-0.30%	-3.65%	-2.26%	10.26%
2024	2.10%	5.91%	6.97%	-3.10%	-3.77%	5.82%	6.46%	8.89%	6.76%	-7.43%	-5.80%	-9.10%
2023	-	-	-	-	-	-	-4.76%	-3.80%	-4.41%	5.71%	3.92%	-0.08%
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Performance and Valuation Metrics

Metrics	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Liquidity Ratios
Current Ratio	0.94	0.83	0.73	0.76	0.93	0.89	0.62	0.60	0.70	0.70	0.66	0.78
Quick Ratio	0.94	0.83	0.73	0.76	0.93	0.89	0.62	0.60	0.70	0.70	0.66	0.78
Working Capital	-46.74M	-156.67M	-210.98M	-176.75M	-53.39M	-87.96M	-333.18M	-359.95M	-235.39M	-285.07M	-274.53M	-148.59M
Leverage & Debt
Debt to Equity	0.76	0.87	0.81	0.76	0.73	0.82	0.86	0.86	0.80	0.94	0.89	0.80
Interest Coverage TTM	3.91	3.82	3.96	4.58	4.65	3.86	3.52	2.95	2.97	2.96	3.31	3.66
Debt Ratio	0.25	0.27	0.26	0.25	0.25	0.26	0.27	0.27	0.26	0.29	0.27	0.25
Efficiency & Turnover
Asset Turnover TTM	0.29	0.29	0.28	0.30	0.30	0.26	0.27	0.26	0.27	0.26	0.31	0.38
Per Share Metrics
Diluted EPS TTM	3.36	3.23	3.33	4.10	4.11	3.30	2.92	2.38	2.51	2.42	2.71	2.88
Free Cash Flow Per Share TTM	5.41	4.03	3.66	3.49	4.03	2.73	3.61	3.87	4.10	5.55	4.17	4.12
Dividend Per Share TTM	1.84	1.82	1.80	1.76	1.72	1.69	1.67	1.63	1.61	1.61	1.56	1.49
Margin Metrics
Gross Profit Margin TTM	74.10%	73.87%	74.41%	75.89%	76.58%	77.06%	77.44%	76.40%	76.88%	79.50%	78.80%	79.41%
Operating Profit Margin TTM	23.84%	23.15%	24.99%	29.32%	29.99%	28.16%	25.50%	21.72%	21.80%	21.68%	20.73%	17.67%
Net Profit Margin TTM	15.67%	15.18%	16.48%	19.64%	20.03%	18.25%	16.13%	13.61%	14.46%	13.96%	13.49%	11.77%
Growth Metrics
Net Revenue Growth (1Y)	5.14%	18.44%	13.35%	21.02%	20.48%	6.51%	-8.48%	-27.74%	-35.93%	-42.22%	-32.45%	-10.32%
Net Income Growth (1Y)	-17.76%	-1.47%	15.82%	74.68%	66.88%	39.24%	9.46%	-16.49%	-15.31%	-14.78%	-3.71%	28.71%
EPS Growth (1Y)	-18.22%	-2.30%	13.96%	72.26%	63.69%	36.47%	7.68%	-18.02%	-16.58%	-15.99%	-4.63%	27.37%
Valuation Metrics
P/E TTM	16.08	13.97	13.99	10.52	11.29	13.26	15.03	16.63	15.57	16.64	13.40	14.48
P/B TTM	2.07	1.85	1.96	1.79	1.89	1.90	1.98	1.83	1.78	1.92	1.78	2.05
P/S TTM	2.52	2.12	2.31	2.07	2.26	2.42	2.42	2.26	2.25	2.32	1.81	1.71
Market Cap	5.49B	4.56B	4.69B	4.33B	4.69B	4.40B	4.35B	3.92B	3.87B	3.96B	3.55B	4.09B
Enterprise Value	8.96B	8.37B	8.30B	7.71B	7.85B	7.81B	7.71B	7.14B	6.94B	7.19B	6.68B	7.12B
Calculated Values
Free Cash Flow TTM	545.48M	405.90M	367.21M	350.54M	403.74M	272.89M	356.24M	382.82M	403.31M	543.19M	404.25M	400.76M
Net Debt	3.47B	3.80B	3.60B	3.38B	3.16B	3.42B	3.36B	3.22B	3.07B	3.22B	3.13B	3.04B
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

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Insider Transactions

2026-05-22Sale

Owner: D'Antuono, Christopher T.

Title: Corporate Controller and PAO

Shares: 1,150

Price/Share: $57.34

Value: $65,941.00

Shares Owned: 2,985

Relationship: Officer

Ownership: Direct

2026-05-11Sale

Owner: Migliaccio, Patrick J.

Title: Senior VP and COO, NJNG

Shares: 3,000

Price/Share: $55.84

Value: $167,520.00

Shares Owned: 35,202

Relationship: Officer

Ownership: Direct

2026-05-08Sale

Owner: Kenny, Jane M

Title: -

Shares: 8,000

Price/Share: $56.10

Value: $448,800.00

Shares Owned: 21,998

Relationship: Director

Ownership: Direct

2026-03-19Sale

Owner: Reich, Richard

Title: SVP and Gen Counsel

Shares: 5,449

Price/Share: $52.99

Value: $288,742.51

Shares Owned: 26,975

Relationship: Officer

Ownership: Direct

2026-03-16Sale

Owner: Bel, Roberto

Title: SVP and CFO

Shares: 6,105

Price/Share: $55.10

Value: $336,385.50

Shares Owned: 19,780

Relationship: Officer

Ownership: Direct

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2026-05-22	D'Antuono, Christopher T.	Officer	Corporate Controller and PAO	Direct	Sale	1,150	57.34	$65,941.00	2,985	4
2026-05-11	Migliaccio, Patrick J.	Officer	Senior VP and COO, NJNG	Direct	Sale	3,000	55.84	$167,520.00	35,202	4
2026-05-08	Kenny, Jane M	Director	-	Direct	Sale	8,000	56.10	$448,800.00	21,998	4
2026-03-19	Reich, Richard	Officer	SVP and Gen Counsel	Direct	Sale	5,449	52.99	$288,742.51	26,975	4
2026-03-16	Bel, Roberto	Officer	SVP and CFO	Direct	Sale	6,105	55.10	$336,385.50	19,780	4
2025-12-23	Migliaccio, Patrick J.	Officer	Senior VP and COO, NJNG	Direct	Sale	4,017	46.46	$186,629.82	38,065	4
2025-06-18	Migliaccio, Patrick J.	Officer	Senior VP and COO, NJNG	Direct	Sale	1,500	44.22	$66,330.00	35,690	4
2025-03-31	Bel, Roberto	Officer	SVP and CFO	Direct	Sale	1,173	50.00	$58,650.00	22,649	4
2025-03-24	Bel, Roberto	Officer	SVP and CFO	Direct	Sale	2,346	48.58	$113,968.68	23,822	4
2024-12-23	Migliaccio, Patrick J.	Officer	Senior VP and COO, NJNG	Direct	Sale	4,983	46.00	$229,218.00	37,124	4
2024-08-21	Migliaccio, Patrick J.	Officer	Senior VP and COO, NJNG	Direct	Sale	2,500	45.88	$114,700.00	36,582	4
2024-07-16	Westhoven, Stephen D	Director,Officer	President & CEO	Direct	Sale	26,600	45.06	$1,198,596.00	168,705	4
2024-06-14	Kenny, Jane M	Director	-	Direct	Sale	8,300	42.20	$350,260.00	23,259	4
2024-05-23	Westhoven, Stephen D	Director,Officer	President & CEO	Direct	Sale	20,000	42.82	$856,400.00	198,705	4
2024-03-12	Migliaccio, Patrick J.	Officer	Senior VP and COO, NJNG	Direct	Sale	3,000	42.71	$128,130.00	38,886	4
2023-12-21	Migliaccio, Patrick J.	Officer	Senior VP and COO, NJNG	Direct	Sale	3,579	44.29	$158,513.91	41,886	4
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Institutional Ownership

No data available for chart

2026-03-31

72.97%

Inst. Shares: 73,589,864

Shares Outstanding: 100,849,000

2025-09-30

74.21%

Inst. Shares: 74,386,994

Shares Outstanding: 100,244,000

2025-06-30

74.10%

Inst. Shares: 74,371,963

Shares Outstanding: 100,373,000

2025-03-31

72.11%

Inst. Shares: 72,320,108

Shares Outstanding: 100,291,000

2024-12-31

72.37%

Inst. Shares: 72,265,937

Shares Outstanding: 99,855,000

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2026-03-31	73,589,864	100,849,000	72.97%
2025-09-30	74,386,994	100,244,000	74.21%
2025-06-30	74,371,963	100,373,000	74.10%
2025-03-31	72,320,108	100,291,000	72.11%
2024-12-31	72,265,937	99,855,000	72.37%
2024-09-30	68,989,198	98,634,000	69.94%
2024-06-30	69,680,238	98,983,000	70.40%
2024-03-31	68,136,352	98,377,000	69.26%
2023-12-31	67,971,724	97,869,000	69.45%
2023-09-30	67,720,212	97,028,000	69.79%
2023-06-30	69,566,695	97,168,000	71.59%
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NEW JERSEY RESOURCES CORP (NJR) — SEC Financial Statements & Analysis

NEW JERSEY RESOURCES CORP (NJR) is a natural gas distribution company, incorporated in NJ. NEW JERSEY RESOURCES CORP trades on NYSE as: NJR. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), NEW JERSEY RESOURCES CORP reported a 5.14% year-over-year revenue growth, a Gross Profit Margin of 74.10% (TTM), a Debt-to-Equity ratio of 0.76x, a Price-to-Sales (P/S) ratio of 2.52x (TTM), a Price-to-Book (P/B) ratio of 2.07 (TTM), at a market cap of $5.49B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y: 5.14%
Gross Profit Margin TTM: 74.10%
Debt To Equity: 0.76x
P/S TTM: 2.52x
P/B TTM: 2.07
Market Cap: $5.49B

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is NEW JERSEY RESOURCES CORP in?

NEW JERSEY RESOURCES CORP (NJR) operates in the Natural Gas Distribution industry.

What is NJR's market cap?

NEW JERSEY RESOURCES CORP (NJR) has a market capitalization of $5.49B as of 2026-03-31.

What is NJR's P/E ratio?

NEW JERSEY RESOURCES CORP (NJR)'s trailing twelve month P/E ratio is 16.08x as of 2026-03-31.

What exchange does NJR trade on?

NEW JERSEY RESOURCES CORP (NJR) trades on the NYSE.

Where is NEW JERSEY RESOURCES CORP incorporated?

NEW JERSEY RESOURCES CORP is incorporated in NJ.

NEW JERSEY RESOURCES CORP (NJR) — SEC Financial Statements & Analysis

Frequently Asked Questions

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