New Jersey Resources Corporation (NJR)

Name: New Jersey Resources Corporation Financial Statements
Creator: Quarter Results

Utilities | Regulated Gas

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$606M

Net Income

$122M

Operating Margin

29.6%

Free Cash Flow

-$240M

Debt / Assets

68.4%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for New Jersey Resources Corporation (NJR).
Income Statement (Quarterly)	2025-12-31	2025-03-31	2024-12-31	2024-09-30
Revenue	605,615,000	913,027,000	488,361,000	395,780,000
Cost of Revenue	342,916,000	537,298,000	285,838,000	197,532,000
Gross Profit	261,938,000	375,729,000	202,523,000	198,248,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	0	0	12,946,000	0
Operating Expenses	82,730,000	95,780,000	12,946,000	48,864,000
Operating Income	179,208,000	279,949,000	189,577,000	146,127,000
Interest Expense	35,676,000	32,527,000	33,891,000	36,012,000
Income Before Tax	156,715,000	264,428,000	167,303,000	120,352,000
Income Tax Expense	34,225,000	61,593,000	37,384,000	30,787,000
Net Income	122,490,000	204,287,000	131,319,000	91,126,000
Per Share
EPS	1.22	2.04	1.32	0.92
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for New Jersey Resources Corporation (NJR).
Income Statement (Annual)	2025-09-30	2024-09-30	2023-09-30	2022-09-30	2021-09-30
Revenue	2,033,302,000	1,796,539,000	1,962,994,000	2,905,979,000	2,156,613,000
Cost of Revenue	1,597,523,000	1,100,074,000	1,352,511,000	2,310,818,000	1,718,572,000
Gross Profit	435,779,000	696,465,000	610,483,000	595,161,000	438,041,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	0	0	10,464,000	59,437,000	38,304,000
Operating Expenses	0	226,894,000	203,483,000	188,686,000	149,691,000
Operating Income	435,779,000	458,104,000	407,000,000	406,475,000	288,350,000
Interest Expense	128,595,000	130,275,000	123,014,000	85,830,000	78,559,000
Income Before Tax	432,583,000	369,382,000	310,069,000	342,940,000	234,388,000
Income Tax Expense	96,956,000	84,906,000	49,275,000	76,195,000	33,286,000
Net Income	335,627,000	289,775,000	264,724,000	274,922,000	117,890,000
Per Share
EPS	3.35	2.94	2.73	2.86	1.23
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for New Jersey Resources Corporation (NJR).
Balance Sheet (Quarterly)	2025-09-30	2024-09-30	2023-09-30	2022-09-30
Assets
Cash and Cash Equivalents	9,511,000	1,017,000	954,000	1,107,000
Short Term Investments	0	0	0	0
Net Receivables	143,689,000	117,119,000	148,650,000	216,687,000
Inventory	259,255,999	237,609,000	226,523,000	293,968,000
Total Current Assets	569,876,000	554,595,000	532,077,000	756,087,000
Property Plant Equipment	5,995,695,000	5,587,708,000	5,197,795,000	4,818,446,000
Goodwill and Intangibles	11,151,000	10,522,000	8,452,000	8,468,000
Total Assets	7,578,775,000	6,981,645,000	6,537,496,000	6,261,416,000
Liabilities
Account Payables	267,712,000	227,622,000	203,926,000	392,480,000
Short Term Debt	358,180,000	485,751,000	373,027,000	503,581,000
Total Current Liabilities	780,859,000	887,774,000	806,603,000	1,104,153,000
Long Term Debt	3,409,518,000	3,038,767,000	2,916,040,000	2,623,784,000
Total Liabilities	5,187,109,000	4,781,202,000	4,546,761,000	4,444,206,000
Shareholders Equity
Retained Earnings	1,451,367,000	1,298,774,000	1,177,834,000	1,067,528,000
Total Shareholders Equity	2,391,666,000	2,200,443,000	1,990,735,000	1,817,210,000

Balance sheet annual history for New Jersey Resources Corporation (NJR).
Balance Sheet (Annual)	2025-09-30	2024-09-30	2023-09-30	2022-09-30	2021-09-30
Assets
Cash and Cash Equivalents	9,511,000	1,017,000	954,000	1,107,000	4,749,000
Short Term Investments	0	0	0	0	0
Net Receivables	143,689,000	117,119,000	148,650,000	216,687,000	198,537,000
Inventory	259,255,999	237,609,000	226,523,000	293,968,000	213,167,000
Total Current Assets	569,876,000	554,595,000	532,077,000	756,087,000	634,274,000
Property Plant Equipment	5,995,695,000	5,587,708,000	5,197,795,000	4,818,446,000	4,387,441,000
Goodwill and Intangibles	11,151,000	10,522,000	8,452,000	8,468,000	10,611,000
Total Assets	7,578,775,000	6,981,645,000	6,537,496,000	6,261,416,000	5,722,278,000
Liabilities
Account Payables	267,712,000	227,622,000	203,926,000	392,480,000	394,800,000
Short Term Debt	358,180,000	485,751,000	373,027,000	503,581,000	454,440,000
Total Current Liabilities	780,859,000	887,774,000	806,603,000	1,104,153,000	1,051,410,000
Long Term Debt	3,409,518,000	3,038,767,000	2,916,040,000	2,623,784,000	2,303,527,000
Total Liabilities	5,187,109,000	4,781,202,000	4,546,761,000	4,444,206,000	4,091,416,000
Shareholders Equity
Retained Earnings	1,451,367,000	1,298,774,000	1,177,834,000	1,067,528,000	934,610,000
Total Shareholders Equity	2,391,666,000	2,200,443,000	1,990,735,000	1,817,210,000	1,630,862,000

Cash flow quarterly history for New Jersey Resources Corporation (NJR).
Cash Flow Statement (Quarterly)	2025-09-30	2024-09-30	2023-09-30	2022-09-30
Operating Activities
Net Income	335,627,000	289,775,000	264,724,000	274,922,000
Depreciation & Amortization	188,774,000	166,567,000	152,941,000	129,249,000
Stock Based Compensation	17,779,000	-1,219,000	14,716,000	14,827,000
Change in Working Capital	-34,365,000	-89,014,000	91,912,000	-67,715,000
Operating Cash Flow	466,349,000	427,407,000	478,993,000	323,480,000
Investing Activities
Capital Expenditure	-706,078,000	-571,319,000	-540,919,000	-598,428,000
Investments	-706,078,000	-571,319,000	-540,919,000	-598,428,000
Investing Cash Flow	-568,271,000	-569,073,000	-538,625,000	-590,613,000
Financing Activities
Debt Repayment	259,763,000	238,142,000	-329,297,000	-171,693,000
Common Stock Issued/Repurchased	34,828,000	74,406,000	10,416,000	10,568,001
Dividends Paid	-180,066,000	-165,063,000	-150,973,000	-127,704,000
Financing Cash Flow	101,959,000	141,761,000	59,697,000	262,542,000
Summary
Free Cash Flow	-239,729,000	-143,912,000	-61,926,000	-274,948,000
Net Change in Cash	37,000	95,000	65,000	-4,591,000

Cash flow annual history for New Jersey Resources Corporation (NJR).
Cash Flow Statement (Annual)	2025-09-30	2024-09-30	2023-09-30	2022-09-30	2021-09-30
Operating Activities
Net Income	335,627,000	289,775,000	264,724,000	274,922,000	117,890,000
Depreciation & Amortization	188,774,000	166,567,000	152,941,000	129,249,000	111,387,000
Stock Based Compensation	17,779,000	-1,219,000	14,716,000	14,827,000	0
Change in Working Capital	-34,365,000	-89,014,000	91,912,000	-67,715,000	20,488,000
Operating Cash Flow	466,349,000	427,407,000	478,993,000	323,480,000	390,954,000
Investing Activities
Capital Expenditure	-706,078,000	-571,319,000	-540,919,000	-598,428,000	-624,610,000
Investments	-706,078,000	-571,319,000	-540,919,000	-598,428,000	0
Investing Cash Flow	-568,271,000	-569,073,000	-538,625,000	-590,613,000	-622,117,000
Financing Activities
Debt Repayment	259,763,000	238,142,000	-329,297,000	-171,693,000	-18,007,000
Common Stock Issued/Repurchased	34,828,000	74,406,000	10,416,000	10,568,001	-12,112,000
Dividends Paid	-180,066,000	-165,063,000	-150,973,000	-127,704,000	-116,960,000
Financing Cash Flow	101,959,000	141,761,000	59,697,000	262,542,000	117,783,000
Summary
Free Cash Flow	-239,729,000	-143,912,000	-61,926,000	-274,948,000	-233,656,000
Net Change in Cash	37,000	95,000	65,000	-4,591,000	-113,380,000