New Jersey Resources Corp (NJR) Financial Statements
Industry: Natural Gas Distribution
In fiscal 2025, New Jersey Resources reported revenue of $2.04B, up 13.4% from $1.80B the year before. Net income was $335.6M (a 16.5% net margin), or $3.33 per diluted share. Gross margin was 25.0% and operating margin was 25.0%. Operating activities generated $466.3M of cash. At fiscal year end, New Jersey Resources held $7.58B in total assets against $5.19B in total liabilities, including $591,000 of cash and equivalents.
Open the full interactive New Jersey Resources financials → Quarterly statements, key ratios, valuation history and price charts.
New Jersey Resources Key Stats
| Share Price | $51.85 |
|---|---|
| Market Cap | $5.28B |
| P/E Ratio | 15.6 |
| Revenue YoY Growth | +13.4% |
| 52-Week Range | $42.51 – $59.48 |
| Shares Outstanding | 101.1 million (basic, 2026 Q3) |
New Jersey Resources Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.95B | $2.16B | $2.91B | $1.96B | $1.80B | $2.04B |
| Cost of Goods Sold | $1.74B | $1.87B | $2.50B | $1.56B | $1.34B | $1.53B |
| Gross Profit | $216.4M | $288.4M | $406.5M | $407.0M | $458.1M | $508.9M |
| Operating Income | $216.4M | $288.4M | $406.5M | $407.0M | $458.1M | $508.9M |
| Pre-Tax Income | $172.7M | $234.4M | $342.9M | $310.1M | $369.4M | $426.5M |
| Income Tax | -$6.9M | $33.3M | $76.2M | $49.3M | $84.9M | $97.0M |
| Net Income | $193.9M | $117.9M | $274.9M | $264.7M | $289.8M | $335.6M |
| Diluted EPS | $2.04 | $1.22 | $2.85 | $2.71 | $2.92 | $3.33 |
New Jersey Resources Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $336.1M | $604.9M | $939.4M | $349.2M |
| Net Income | $15.1M | $122.5M | $218.9M | $9.7M |
| Diluted EPS | $0.15 | $1.21 | $2.16 | $0.10 |
New Jersey Resources Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $117.0M | $4.7M | $1.1M | $954,000 | $1.0M | $591,000 |
| Current Assets | $622.3M | $634.3M | $756.1M | $532.1M | $554.6M | $569.9M |
| Total Assets | $5.57B | $5.72B | $6.26B | $6.54B | $6.98B | $7.58B |
| Current Liabilities | $533.7M | $1.05B | $1.10B | $806.6M | $887.8M | $780.9M |
| Total Long-Term Debt | $2.29B | $2.24B | $2.56B | $2.88B | $3.07B | $3.41B |
| Total Liabilities | $3.73B | $4.09B | $4.44B | $4.55B | $4.78B | $5.19B |
| Shareholders' Equity | $1.84B | $1.63B | $1.82B | $1.99B | $2.20B | $2.39B |
New Jersey Resources Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $213.5M | $391.0M | $323.5M | $479.0M | $427.4M | $466.3M |
| Cash From Investing | -$994.0M | -$622.1M | -$590.6M | -$538.6M | -$569.1M | -$568.3M |
| Cash From Financing | $895.9M | $117.8M | $262.5M | $59.7M | $141.8M | $102.0M |
Figures from New Jersey Resources' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full New Jersey Resources financials page for every line item.
New Jersey Resources Company Profile
| Ticker | NJR |
|---|---|
| Exchange | NYSE |
| Industry | Natural Gas Distribution |
| Headquarters | Wall, New Jersey |
| Incorporated in | New Jersey |
| Fiscal Year End | September 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000356309 |
Frequently Asked Questions
What was New Jersey Resources' revenue in fiscal 2025?
New Jersey Resources (NJR) reported revenue of $2.04B for fiscal 2025.
What is New Jersey Resources' annual revenue history?
New Jersey Resources' annual revenue by fiscal year: 2020: $1.95B; 2021: $2.16B; 2022: $2.91B; 2023: $1.96B; 2024: $1.80B; 2025: $2.04B.
What was New Jersey Resources' net income in fiscal 2025?
New Jersey Resources reported net income of $335.6M for fiscal 2025.
What was New Jersey Resources' earnings per share (EPS) in fiscal 2025?
New Jersey Resources' diluted EPS was $3.33 for fiscal 2025 (adjusted for any later stock splits).
What was New Jersey Resources' revenue last quarter?
In its most recent reported quarter (2026 Q3), New Jersey Resources reported revenue of $349.2M.
How much debt does New Jersey Resources have?
New Jersey Resources reported $3.41B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of New Jersey Resources are outstanding?
New Jersey Resources reported a weighted average of 101.1 million basic shares outstanding in 2026 Q3.
What is New Jersey Resources' market cap?
Based on its latest closing price, New Jersey Resources (NJR) has a market capitalization of about $5.28B.
When does New Jersey Resources' fiscal year end?
New Jersey Resources' fiscal year end, as registered with the SEC, is September 30.
Where is New Jersey Resources headquartered?
New Jersey Resources lists its business address in Wall, New Jersey in its SEC filings.