NewJersey Resources Corporation
NJR Utilities Utilities Regulated Gas
NewJersey Resources Corporation’s revenue for fiscal 2025 (year ended September 2025) was $2.0 billion, up 13.4% from fiscal 2024.
- Revenue
- +16.8%
- EPS
- +166.7%
- Free cash flow
- −3.14%
- Total debt
- +9.45%
Quarter to June 2026, against a year earlier
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NewJersey Resources Corporation (NJR) Debt to equity
NewJersey Resources Corporation's debt to equity at the end of the quarter to 30 June 2026 was 1.4×, down 0.1× from fiscal 2025 (1.5×). Over the past ten years it has ranged from 0.8× (fiscal 2015) to 1.6× (fiscal 2022); the current reading is higher than 64% of that period. That is above the Utilities Regulated Gas industry median of 1.2× and above the Utilities sector median of 1.2×.
Debt to equity, annual
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Annual newest first
| Period | Debt to equity | Change |
|---|---|---|
| FY2025 | 1.5× | (1.32%) |
| FY2024 | 1.5× | (3.07%) |
| FY2023 | 1.6× | (4.07%) |
| FY2022 | 1.6× | 2.53% |
| FY2021 | 1.6× | 9.17% |
| FY2020 | 1.5× | 43.74% |
| FY2019 | 1.0× | (0.53%) |
| FY2018 | 1.0× | (11.16%) |
| FY2017 | 1.2× | 8.83% |
| FY2016 | 1.1× | 27.56% |
Quarterly newest first
| Period | Debt to equity | Change |
|---|---|---|
| Jun 2026 | 1.4× | 3.17% |
| Mar 2026 | 1.4× | (11.77%) |
| Dec 2025 | 1.5× | 2.12% |
| Sep 2025 | 1.5× | 7.95% |
| 42 more quarters | Free account |
Against its own ten years
Debt to equity against peers
| Company | Debt to equity |
|---|---|
| OGS ONE Gas, Inc. compare | 0.8× |
| SWX Southwest Gas Corporation compare | 0.9× |
| MDU MDU Resources Group, Inc. compare | 0.9× |
| CPK Chesapeake Utilities Corporation compare | 1.0× |
| BKH Bright Horizon Energy Corporation compare | 1.1× |
| UGI UGI Corporation compare | 1.3× |
| NJR NewJersey Resources Corporation | 1.4× |
| SR Spire Inc. compare | 1.7× |
| NWN Northwest Natural Gas Company compare | 1.8× |
| Utilities Regulated Gas industry median | 1.2× |
| Utilities sector median | 1.2× |
| Market median | 0.1× |
What Debt to equity is
Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.
(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)
More on NJR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement