What is New Jersey Resources's market cap?

New Jersey Resources (NJR) has a market capitalization of $6.0B and trades on NYSE.

What is New Jersey Resources's revenue and profitability?

New Jersey Resources generated $2.2B in trailing twelve-month revenue with net income of $341.4M, representing a net margin of 15.7%. Gross margin stands at 32.2%, with free cash flow of $605.8M. These figures are based on the Q1 2026 filing.

Who are New Jersey Resources's competitors?

New Jersey Resources's key competitors include Public Service Enterprise Group, MDU Resources Group, Inc., Southwest Gas Holdings, Inc., and others. These companies compete in similar markets and product categories.

Who does New Jersey Resources partner with?

New Jersey Resources's notable partners include Enbridge Inc., Transcontinental Gas Pipe Line Company, LLC, Texas Eastern Transmission, LP, and others.

What subsidiaries does New Jersey Resources have?

New Jersey Resources's subsidiaries include New Jersey Natural Gas Company, NJR Clean Energy Ventures Corporation, NJR Energy Services Company, LLC, and others.

Where is New Jersey Resources headquartered?

New Jersey Resources is headquartered in United States of America and employs approximately 1,350 people. It has been publicly traded since 1972.

New Jersey Resources

NJR

New Jersey Resources (NJR) is a diversified energy services holding company primarily engaged in the regulated distribution of natural gas.

Market cap

$6.01B+30.6%

Revenue$2.2B+5.1%

Net income$341.4M-17.8%

Free cash flow$605.8M+26.5%

EPS (diluted)$3.37-18.4%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q2 2026 report

May 4, 2026

Revenue$939.4MBeat by $89.5M EPS$2.20Beat by $0.31

Read the full report

Next report

Aug 3, 2026 (In 5 days)

Revenue estimate$342.1M

EPS estimate$0.06

Financials

Q2 2026

Income statement

See full

Revenue$939.4M+2.9%

Operating income$301.0M+7.5%

Net income$218.9M+7.2%

EPS (diluted)$2.16+6.9%

Balance sheet

See full

Cash & equivalents$126.4M+49.3%

Total debt$3.6B+8.1%

Total equity$2.6B+6.9%

Total assets$7.9B+9.3%

Cash flow

See full

Operating cash flow$562.6M+33.0%

Free cash flow$572.6M+35.2%

Valuation & ratios

Valuation

See full

Market cap$6.01B+30.6%

Enterprise value$9.49B+17.2%

P/E17.6×+6.5×

P/S2.8×+0.6×

Profitability

See full

Operating margin23.8%-6.1pp

Net margin15.7%-4.4pp

FCF margin27.8%+4.7pp

Returns & leverage

See full

Return on equity13.3%-4.5pp

Debt / equity1.4×0.0×

Current ratio0.9×0.0×

Segments

By product

See full

Natural gas utility sales$574.8M+12.8%

Natural gas services$42.9M+15.4%

Service contracts$9.5M+2.8%

Electricity sales$5.5M+10.8%

Installations and maintenance$5.4M-7.1%

By segment

See full

NJNG$574.6M+12.9%

ES$244.2M-0.9%

S&T$29.4M+16.3%

Corporate and other$14.7M0.0%

CEV$8.9M+13.4%

Competitors

By market cap

Xcel Energy$50.4B+22.8%

Public Service Enterprise Group$39.5B-9.0%

Eversource Energy$28.1B+17.3%

AES$10.6B+10.0%

SWX

Southwest Gas Holdings$6.7B+19.1%

New Jersey Resources$6.0B+31.7%

MDU Resources Group$4.4B+26.6%

Chesapeake Utilities Corporation$3.3B+15.2%

By revenue growth

Public Service Enterprise Group+19.0%

Chesapeake Utilities Corporation+17.2%

Eversource Energy+9.8%

New Jersey Resources+5.1%

AES+3.0%

MDU Resources Group-2.1%

By net margin

Public Service Enterprise Group17.69%+0.7pp

New Jersey Resources15.67%-4.4pp

Chesapeake Utilities Corporation15.11%+0.4pp

Eversource Energy12.6%+5.9pp

Xcel Energy11.14%—

AES10.82%+0.2pp

MDU Resources Group10.48%-3.7pp

Profile

New Jersey Resources (NJR) is a diversified energy services holding company primarily engaged in the regulated distribution of natural gas. The company also invests in and operates clean energy projects, manages natural gas storage and transportation assets, and provides wholesale energy management and retail home services. Its core value proposition centers on maintaining a stable regulated utility base while pursuing growth through unregulated midstream infrastructure and renewable energy investments.

Competitive position

NJR holds a dominant, non-exclusive franchise for natural gas distribution in specific New Jersey counties and is a significant player in the regional solar and midstream storage markets.

GeographiesUnited States, New Jersey, Pennsylvania, Mississippi

Customer segmentsB2C, B2B, Government and Institutional

Business modelRegulated Utility, Asset-heavy Infrastructure, Wholesale Trading and Marketing

SuppliersNatural Gas Producers, Interstate Pipeline Companies, Solar Component Manufacturers, Financial Derivative Counterparties

CustomersResidential Homeowners, Commercial Businesses, Electric Power Generators, Wholesale Energy Marketers

CountryUnited States of America

Listed1972

Employees1.4K

CEOStephen D. Westhoven

SectorUtilities

IndustryRegulated Gas

Websitenjresources.com

FilingsSEC EDGAR

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Questions, answered.

What is New Jersey Resources's market cap?: New Jersey Resources (NJR) has a market capitalization of $6.0B and trades on NYSE.
What is New Jersey Resources's revenue and profitability?: New Jersey Resources generated $2.2B in trailing twelve-month revenue with net income of $341.4M, representing a net margin of 15.7%. Gross margin stands at 32.2%, with free cash flow of $605.8M. These figures are based on the Q1 2026 filing.
Who are New Jersey Resources's competitors?: New Jersey Resources's key competitors include Public Service Enterprise Group, MDU Resources Group, Inc., Southwest Gas Holdings, Inc., and others. These companies compete in similar markets and product categories.
Who does New Jersey Resources partner with?: New Jersey Resources's notable partners include Enbridge Inc., Transcontinental Gas Pipe Line Company, LLC, Texas Eastern Transmission, LP, and others.
What subsidiaries does New Jersey Resources have?: New Jersey Resources's subsidiaries include New Jersey Natural Gas Company, NJR Clean Energy Ventures Corporation, NJR Energy Services Company, LLC, and others.
Where is New Jersey Resources headquartered?: New Jersey Resources is headquartered in United States of America and employs approximately 1,350 people. It has been publicly traded since 1972.