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NYSE · Utilities

NEW JERSEY RESOURCES CORP (NJR)

As-reported financials and SEC filings for NEW JERSEY RESOURCES CORP. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About NEW JERSEY RESOURCES CORP

New Jersey Resources Corporation operates in the energy sector, focusing on natural gas and clean energy projects. The company develops and manages natural gas infrastructure, solar energy projects, and related energy investments primarily serving customers in New Jersey and other states. It also handles natural gas storage, transportation, and refueling services while navigating regulatory and operational risks associated with energy delivery and renewable energy development.

Snapshot

Revenue
$1.35B
Revenue growth (YoY)
9.9%
Net income
$335.6M
Diluted EPS
$3.33
Gross margin
Operating margin
37.7%
Net margin
24.8%
FCF margin
ROE
14.0%
net income / fiscal-year-end equity
P/E
14.8×
trailing when available, otherwise FY EPS
Market cap
$5.44B
Long-term debt / equity
1.36×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended September 30, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at New Jersey Resources

  • Revenue grew 9.9% to $1.4B in FY2025, in line with the 10.7% the year before.
  • Operating margin is 37.7% in FY2025, +3.8 pp against 33.8% in FY2021.
  • Most recent quarter Q3 FY2026: revenue $258M, up 9.9% from Q3 FY2025.
  • Net income rose 15.8% to $336M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where New Jersey Resources’s fundamentals sit among the 98 Utilities companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin37.7%
96th percentile of 86
Net margin24.8%
91st percentile of 91
Revenue growth (YoY)+9.9%
57th percentile of 94
ROE14.0%
85th percentile of 89
P/E14.8×
16th percentile of 83
Long-term debt / equity1.36×
64th percentile of 84
Short interest4.74d
47th percentile of 98

New Jersey Resources’s operating margin of 37.7% ranks in the 96th percentile of the 86 Utilities companies reporting it. New Jersey Resources’s net margin of 24.8% ranks in the 91st percentile of the 91 Utilities companies reporting it. New Jersey Resources’s return on equity of 14.0% ranks in the 85th percentile of the 89 Utilities companies reporting it.

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $166,894. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 1 of the superinvestors we track (plus 4 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
1
+4 quant / multi-strat
Initiated / added
3
1 new, 2 added
Reduced / exited
3
2 trimmed, 1 exited
Combined position
$123.8M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$105.8M1.9MAdded
Two Sigma InvestmentsquantQ2 2026$10.7M190.4KReduced
Millennium ManagementquantQ2 2026$3.6M63.8KAdded
Bridgewater AssociatesQ2 2026$3.3M59.0KNew
D. E. ShawquantQ2 2026$400,6867.2KReduced

No longer held by: Citadel Advisors (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
1
$167K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-14
filed 2026-08-17
Migliaccio Patrick J.Senior VP and COO, NJNGSell3.0K$55.63$167K
2026-05-22
filed 2026-05-26
D'Antuono Christopher T.Corporate Controller and PAOSell1.1K$57.34$66K
2026-05-11
filed 2026-05-13
Migliaccio Patrick J.Senior VP and COO, NJNGSell3.0K$55.84$168K
2026-05-08
filed 2026-05-11
KENNY JANE MDirectorSell8.0K$56.10$449K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
3.6M
settled 2026-08-14
Change vs prior
-1.6%
vs previous settlement
Days to cover
4.74
at avg daily volume
Avg daily volume
761.1K
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-143.6M-1.6%4.74
2026-07-313.7M-3.8%6.29
2026-07-153.8M+3.0%6.84
2026-06-303.7M+39.0%3.31
2026-06-152.7M+18.8%4.77
2026-05-292.2M+6.8%4.09
2026-05-152.1M-0.0%3.53
2026-04-302.1M+0.1%4.15

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.35B$1.23B$1.11B$1.20B$852.1M
Gross profit
Operating income$508.9M$458.1M$407.0M$406.5M$288.4M
Net income$335.6M$289.8M$264.7M$274.9M$117.9M
Diluted EPS$3.33$2.92$2.71$2.85$1.22

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$591,000$1.0M$954,000$1.1M$4.7M
Current assets$569.9M$554.6M$532.1M$756.1M$634.3M
Total assets$7.58B$6.98B$6.54B$6.26B$5.72B
Current liabilities$780.9M$887.8M$806.6M$1.10B$1.05B
Long-term debt$3.25B$2.88B$2.77B$2.49B$2.16B
Total liabilities$5.19B$4.78B$4.55B$4.44B$4.09B
Total equity$2.39B$2.20B$1.99B$1.82B$1.63B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$466.3M$427.4M$479.0M$323.5M$391.0M
Capital expenditure
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$258.0M9.9%$9.7M$0.10
Q2 FY2026$641.4M12.7%$218.9M$2.16
Q1 FY2026$440.9M22.8%$122.5M$1.21
Q4 FY2025$188.3M-29.1%$15.1M$0.15
Q3 FY2025$234.8M11.9%$-15.1M$-0.15
Q2 FY2025$569.2M31.4%$204.3M$2.02
Q1 FY2025$359.0M11.8%$131.3M$1.31
Q4 FY2024$265.7M62.8%$91.1M$0.92

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorUtilities
SIC industryNatural Gas Distribution
Latest annual periodFY2025 (ended September 30, 2025)
Latest reported quarterQ3 FY2026 (ended June 30, 2026)
Oldest indexed filing2013
SEC CIK356309

Selected SEC filings

10-Q2026-08-04
View on EDGAR →
10-Q2026-05-05
View on EDGAR →
10-Q2026-02-03
View on EDGAR →
8-K2026-08-20
View on EDGAR →
8-K2026-08-03
View on EDGAR →
8-K2026-06-01
View on EDGAR →
8-K2026-05-04
View on EDGAR →

Largest Utilities peers

All Utilities companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.