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

54.69 0.37 −0.67%
Market cap
$5.6B
P/E
15.0×
Fwd P/E
15.0×
Dividend yield
3.52%
F-score
6/9
Altman Z
1.28
Beneish M
−2.46
Dividend safety
36/100

NewJersey Resources Corporation (NJR) Operating margin

Alert me on Operating margin

NewJersey Resources Corporation's operating margin over the twelve months to 30 June 2026 was 24.8%, down 0.2 percentage points from fiscal 2025 (25.0%). Over the past ten years it has ranged from 6.35% (fiscal 2019) to 25.5% (fiscal 2024); the current reading is higher than 91% of that period. That is above the Utilities Regulated Gas industry median of 22.8% and above the Utilities sector median of 18.7%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 25.0% (0.51)
FY2024 25.5% 4.77
FY2023 20.7% 6.74
FY2022 14.0% 0.62
FY2021 13.4% 1.65
FY2020 11.7% 5.37
FY2019 6.35% (0.51)
FY2018 6.86% (0.69)
FY2017 7.55% (1.36)
FY2016 8.91% (0.18)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 9.13% (22.91)
Mar 2026 32.0% 2.41
Dec 2025 29.6% 17.61
Sep 2025 12.0% 12.38
42 more quarters

Against its own ten years

Low 6.35% High 25.5%
Ten-year median 11.7%
Current reading's percentile 88

Operating margin against peers

Company Operating margin
SWX Southwest Gas Corporation compare 28.9%
CPK Chesapeake Utilities Corporation compare 27.2%
NJR NewJersey Resources Corporation 24.8%
BKH Bright Horizon Energy Corporation compare 24.3%
NWN Northwest Natural Gas Company compare 22.9%
SR Spire Inc. compare 22.7%
OGS ONE Gas, Inc. compare 21.1%
MDU MDU Resources Group, Inc. compare 17.0%
UGI UGI Corporation compare 16.2%
Utilities Regulated Gas industry median 22.8%
Utilities sector median 18.7%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on NJR