NJR
NewJersey Resources Corporation
NYSE: NJR · UTILITIES · UTILITIES - REGULATED GAS
$55.40
-1.44% today
Updated 2026-04-29
Market cap
$5.59B
P/E ratio
17.15
P/S ratio
2.60x
EPS (TTM)
$3.23
Dividend yield
3.29%
52W range
$42 – $58
Volume
0.5M
NewJersey Resources Corporation (NJR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.27B | $3.02B | $3.82B | $2.59B | $2.64B | $2.97B | $2.26B | $3.20B | $3.79B | $2.70B | $1.85B | $2.26B | $2.92B | $2.60B | $1.95B | $2.13B | $2.91B | $1.93B | $1.78B | $2.03B |
| Revenue growth (YoY) | — | -7.6% | +26.3% | -32.1% | +1.8% | +12.4% | -24.0% | +41.7% | +18.5% | -28.7% | -31.6% | +22.3% | +29.4% | -11.2% | -24.8% | +8.9% | +37.1% | -33.8% | -7.5% | +13.9% |
| Cost of revenue | $2.82B | $2.83B | $3.55B | $2.47B | $2.39B | $2.80B | $2.19B | $3.00B | $3.28B | $2.51B | $1.67B | $2.05B | $2.64B | $2.43B | $1.78B | $1.83B | $2.52B | $1.63B | $1.35B | $1.60B |
| Gross profit | $447.02M | $189.75M | $267.05M | $122.82M | $244.95M | $168.79M | $68.50M | $193.41M | $511.98M | $196.20M | $175.99M | $209.90M | $285.54M | $171.66M | $172.20M | $301.05M | $397.07M | $299.83M | $436.70M | $435.78M |
| Gross margin | 13.7% | 6.3% | 7.0% | 4.7% | 9.3% | 5.7% | 3.0% | 6.0% | 13.5% | 7.3% | 9.5% | 9.3% | 9.8% | 6.6% | 8.8% | 14.2% | 13.6% | 15.5% | 24.5% | 21.4% |
| R&D | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | — | — | — | $44.99M | $45.97M | $51.25M | $40.35M | $48.42M | $72.16M | $75.78M | $39.30M | $40.24M | $38.97M | $33.94M | $34.53M | $38.30M | $59.44M | $51.02M | $87.82M | $117.43M |
| Operating income | $388.38M | $127.25M | $201.45M | $48.07M | $188.13M | $101.88M | $22.71M | $136.00M | $454.63M | $142.94M | $135.77M | $160.54M | $233.44M | $160.47M | $172.20M | $301.05M | $397.07M | $299.83M | $436.70M | $435.78M |
| Operating margin | 11.9% | 4.2% | 5.3% | 1.9% | 7.1% | 3.4% | 1.0% | 4.3% | 12.0% | 5.3% | 7.3% | 7.1% | 8.0% | 6.2% | 8.8% | 14.2% | 13.6% | 15.5% | 24.5% | 21.4% |
| EBITDA | $428.16M | $168.08M | $245.19M | $83.62M | $226.57M | $140.41M | $154.24M | $213.22M | $263.50M | $318.66M | $250.69M | $264.87M | $318.75M | $266.45M | $370.36M | $433.52M | $565.01M | $594.06M | $666.35M | $743.88M |
| EBITDA margin | 13.1% | 5.6% | 6.4% | 3.2% | 8.6% | 4.7% | 6.8% | 6.7% | 7.0% | 11.8% | 13.6% | 11.7% | 10.9% | 10.3% | 19.0% | 20.4% | 19.4% | 30.8% | 37.3% | 36.6% |
| EBIT | $393.11M | $131.54M | $205.82M | $52.48M | $193.38M | $105.21M | $112.59M | $165.91M | $210.75M | $257.26M | $177.94M | $183.03M | $213.26M | $164.97M | $252.79M | $312.95M | $427.40M | $438.85M | $499.66M | $555.11M |
| Interest expense | $0.00 | $27.61M | $25.81M | $21.01M | $21.25M | $19.62M | $20.84M | $23.98M | $25.46M | $27.72M | $31.04M | $44.89M | $46.29M | $47.08M | $67.60M | $78.56M | $85.83M | $123.01M | $130.28M | $128.59M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $221.91M | $65.28M | $113.91M | $27.24M | $117.46M | $101.30M | $92.88M | $114.81M | $141.97M | $180.96M | $131.67M | $132.06M | $233.44M | $169.50M | $163.01M | $117.89M | $274.92M | $264.72M | $289.77M | $335.63M |
| Net income growth (YoY) | — | -70.6% | +74.5% | -76.1% | +331.2% | -13.8% | -8.3% | +23.6% | +23.7% | +27.5% | -27.2% | +0.3% | +76.8% | -27.4% | -3.8% | -27.7% | +133.2% | -3.7% | +9.5% | +15.8% |
| Profit margin | 6.8% | 2.2% | 3.0% | 1.1% | 4.5% | 3.4% | 4.1% | 3.6% | 3.7% | 6.7% | 7.1% | 5.8% | 8.0% | 6.5% | 8.3% | 5.5% | 9.4% | 13.7% | 16.2% | 16.5% |