New Jersey Resources Corporation

New Jersey Resources Corporation

NJR
New Jersey Resources CorporationUS flagNew York Stock Exchange
53.16
USD
-0.18
- -
5.37BMarket Cap
New Jersey Resources Corporation
NJR
(New York Stock Exchange)

Recent

price

53.16

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
31.9
36.38
27.08
38.38
44.4
32.09
21.9
26.28
33.24
29.05
20.61
22.41
30.24
20.23
18.21
20.31
22.12
Revenue per Share
1.42
1.22
1.12
1.38
1.69
2.12
1.53
1.53
2.66
1.39
1.72
1.23
2.86
2.73
2.94
3.35
3.63
Basic EPS, GAAP
0.6
0.98
-1.72
-0.67
1.12
1.16
-2.12
-0.53
0.78
-3.01
-2.22
4.06
3.37
4.94
4.33
4.65
6.54
Free Cash Flow per Basic Share
0.64
0.71
0.74
0.81
0.84
0.9
0.96
1.02
1.09
1.17
1.24
1.22
1.33
1.56
1.67
1.8
1.87
Dividend per Share
8.81
9.37
9.78
10.57
11.45
12.94
13.55
14.29
16.07
17.24
17.13
17.04
18.88
20.4
22.12
23.8
26.07
Book Value per Share
8.81
9.37
9.78
10.57
11.45
12.94
13.55
13.81
15.81
17.06
16.98
16.93
18.79
20.31
22.02
23.69
25.96
Tangible Book Value per Share
83
83
83
83
84
85
86
86
88
89
95
96
96
97
99
100
101
Basic Weighted Avg Shares
2,639
3,009
2,249
3,198
3,738
2,734
1,881
2,269
2,915
2,592
1,954
2,157
2,906
1,963
1,797
2,036
2,230
Sales/Revenue/Turnover
7.13
4.75
4.83
4.98
5.38
9.09
8.91
7.55
6.86
6.35
11.72
13.37
13.99
20.73
25.5
22.13
24.69
Operating Margin (%)
33
35
42
47
53
61
73
82
86
81
107
111
129
153
167
189
202
Depreciation Expense
117
101
93
115
142
181
132
132
233
124
163
118
275
265
290
336
366
Net Income, GAAP
37.58
29.63
8.59
25.4
28.28
26.28
16.15
13.43
- -
14.32
19.71
14.2
22.22
15.89
22.99
22.73
22.97
Effective Tax Rate (%)
4.45
3.37
4.13
3.59
3.8
6.62
7
5.82
8.01
4.78
8.34
5.47
9.46
13.49
16.13
16.48
16.42
Profit Margin (%)
79
29
-6
-106
-108
52
36
-223
19
65
89
-417
-348
-275
-333
-211
-317
Working Capital
429
427
525
513
598
844
1,055
997
1,181
1,537
2,354
2,304
2,624
2,916
3,039
3,410
3,372
LT Debt
725
776
814
887
966
1,107
1,167
1,237
1,419
1,552
1,644
1,631
1,817
1,991
2,200
2,392
2,643
Total Equity
8.83
7.4
6.64
6.85
7.71
9.31
6.33
5.84
- -
4.69
5.04
5.79
6.77
6.69
6.4
5.85
6.76
Return on Invested Capital (%)
9.95
8.52
7.47
7.67
8.58
10.25
7.12
6.74
- -
5.47
5.96
4.34
7.32
7.2
7.09
7.32
7.54
Return on Capital (%)
16.6
13.49
11.68
13.5
15.32
17.46
11.58
10.99
17.58
8.34
10.2
7.2
15.95
13.9
13.83
14.62
14.45
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
ST Debt
535
320
508
LT Borrowings
3,274
3,282
3,200
LT Finance Leases
163
163
172
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
101
101
101
Market Capitalization
4,647
5,539
5,683

Working Capital

FRC

in mil. unless spec.
Dec'26
Mar'26
Jun'26
Total Current Assets
781
730
619
Cash, Cash Equivalents & STI
2
125
34
Accounts Receivable, Net
260
291
191
Inventories
236
106
200
Total Current Liabilities
938
777
937
Payables & Accruals
292
325
301
ST Debt
535
320
508
Deferred Revenue
62
44
36

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.08%
7.88%
8.69%
Free Cash Flow
-138.2%
-51.33%
9.11%
Net Income, GAAP
16.15%
25.42%
15.82%
Sales/Revenue/Turnover
-0.02%
3.51%
13.35%
Total Cash Common Dividend
9.03%
9.02%
9.09%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
467
658
276
396
1,797
2025
488
913
299
336
2,036
2026
605
939
349
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.91
1.23
-0.12
0.92
2.94
2025
1.32
2.04
-0.15
0.15
3.35
2026
1.22
2.17
0.1
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.42
0.42
0.42
0.42
1.67
2025
0.45
0.45
0.45
0.45
1.8
2026
0.47
0.47
0.47
- -
- -
Business
New Jersey Resources Corporation (NYSE: NJR), a Fortune 1000 energy services holding company founded in 1981 and headquartered in Wall, New Jersey, provides safe and reliable natural gas distribution, transportation, clean energy solutions, asset management, and home services through its subsidiaries across the United States and Canada; its principal subsidiary, New Jersey Natural Gas, operates and maintains over 7,400 miles of natural gas transportation and distribution infrastructure serving approximately 582,000 customers in New Jersey's Monmouth, Ocean, Morris, Middlesex, Sussex, and Burlington counties; NJR Clean Energy Ventures invests in, owns, and operates solar projects with approximately 479 megawatts of in-service capacity, delivering low-carbon solutions to residential and commercial customers; NJR Energy Services manages a diversified portfolio of natural gas transportation and storage assets while offering physical natural gas services and customized energy management solutions to North American customers; Storage & Transportation owns the Leaf River Energy Center, the Adelphia Gateway Pipeline, and holds a 50% equity interest in the Steckman Ridge natural gas storage facility, serving local distributors, producers, electric generators, and wholesale marketers; and NJR Home Services offers service contracts, installations, and repairs for heating, central air conditioning, water heaters, standby generators, solar products, and other indoor/outdoor comfort solutions to New Jersey residential customers, supported by energy efficiency programs such as Conserve to Preserve, SAVEGREEN, and The Sunlight Advantage. In fiscal 2025, the company achieved record investments of $98 million in its SAVEGREEN energy efficiency program at New Jersey Natural Gas, placed a record 93 megawatts of new solar capacity into service at Clean Energy Ventures to expand its portfolio, received Federal Energy Regulatory Commission approval on November 4, 2025, for Adelphia Gateway's rate case settlement, and submitted an October 31, 2025, application to increase Leaf River's certificated natural gas storage capacity by 17.6 billion cubic feet with plans to reach 55 BCF through phased expansions backed by long-term contracts; NJR also announced plans for $4.8 billion to $5.2 billion in capital expenditures through 2030, including a $157 million annual base rate increase for New Jersey Natural Gas effective November 21, 2024, and a new $385.6 million SAVEGREEN program starting January 1, 2025, while maintaining a 7-9% long-term net financial earnings per share growth target.

Company News

  • New Jersey Resources Raises Dividend for the 31st Consecutive Year

  • US court vacates key NJ permit for Williams NESE gas pipe from Pennsylvania to New York

  • Connor Clark & Lunn Investment Management Ltd. Invests $541,000 in NewJersey Resources Corporation $NJR

  • New Jersey Resources COO Sells 3,000 Shares for $167,000

  • NewJersey Resources Q3 Earnings Call Highlights

  • New Jersey Resources Corporation (NJR) Q3 2026 Earnings Call Transcript

  • New Jersey Resources (NJR) Q3 Earnings and Revenues Beat Estimates

  • New Jersey Resources Reports Fiscal 2026 Third-Quarter Results

  • NewJersey Resources Corporation $NJR Shares Sold by California Public Employees Retirement System

  • Fifth Third Bancorp Buys 27,495 Shares of NewJersey Resources Corporation $NJR

  • 3 Reasons Why Growth Investors Shouldn't Overlook New Jersey Resources (NJR)

  • US power companies scramble to secure equipment as surging data center demand strains supplies

  • New Jersey Resources Schedules Fiscal 2026 Third Quarter Earnings Call

  • Ocean Power Technologies Announces Deployment of PowerBuoy® System for Rutgers University and New Maritime Drone Order from Stevens Institute of Technology

  • Dividend Champion, Contender, And Challenger Highlights: Week Of June 7

  • New Jersey Natural Gas Submits Filings to NJBPU for Customer Savings and Future Recovery of Reliability Investments

  • Is New Jersey Resources (NJR) a Solid Growth Stock? 3 Reasons to Think "Yes"

  • Is NewJersey Resources (NJR) Stock Outpacing Its Utilities Peers This Year?

  • New Jersey Resources (NJR) Could Be a Great Choice

  • NewJersey Resources Corporation (NJR) Hit a 52 Week High, Can the Run Continue?