Skip to content
OpenCapital
Get started

New Jersey Resources NJR Q4 2025 Annual earnings

Reported November 19, 2025 · After market close

Revenue$341.5MBeat by $41.9M
EPS$0.16Beat by $0.01
Revenue estimate$299.6M
EPS estimate$0.15

Next report

Aug 3, 2026 (In 5 days)
Revenue estimate$342.1M
EPS estimate$0.06

Financials

Q4 2025

Income statement

See full
Revenue$336.1M-15.1%
Operating income$40.4M-72.4%
Net income$15.1M-83.5%
EPS (diluted)$0.15-83.7%

Balance sheet

See full
Cash & equivalents$1.6M+2.3%
Total debt$3.6B+7.7%
Total equity$2.4B+8.7%
Total assets$7.6B+8.6%

Cash flow

See full
Operating cash flow$81.2M+25.8%
CapEx$32.6M+2,205%
Free cash flow$48.6M-23.0%

Valuation & ratios

Valuation

as of 09/30/25
See full
Market cap$4.83B+3.5%
Enterprise value$8.46B+5.2%
P/E14.4×-1.7×
P/S2.4×-0.2×

Profitability

See full
Operating margin25%-0.5pp
Net margin16.5%+0.4pp
FCF margin21.8%-0.7pp

Returns & leverage

See full
Return on equity14.6%+0.8pp
Debt / equity1.5×0.0×
Current ratio0.7×+0.1×

Segments

By product

See full
Natural gas utility sales$117.0M+24.2%
Natural gas services$39.4M-72.0%
Electricity sales$9.6M-5.1%
Service contracts$9.4M+3.1%
Renewable energy certificates$6.8M+39.3%

By segment

See full
NJNG$116.8M+24.4%
ES$81.9M-54.1%
S&T$27.3M+10.2%
CEV$16.4M+9.5%

Versus estimates

Revenue

Q2 2026$939.4MBeat by $89.5MQ1 2026$604.9MBeat by $53.2M
Q4 2025$341.5MBeat by $41.9M
Q3 2025$298.9MMiss by $8.4MQ2 2025$913.0MBeat by $621.0MQ1 2025$488.4MMiss by $207.6M

Diluted EPS

Q2 2026$2.20Beat by $0.31Q1 2026$1.17Beat by $0.22
Q4 2025$0.16Beat by $0.01
Q3 2025$0.06Beat by $0.12Q2 2025$1.76Beat by $0.11Q1 2025$1.29Beat by $0.15

Ask the moment New Jersey Resources reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did New Jersey Resources report Q4 2025 earnings?
New Jersey Resources (NJR) reported Q4 2025 earnings on November 19, 2025 after market close.
What were New Jersey Resources's Q4 2025 revenue and EPS?
New Jersey Resources reported revenue of $341.5M and eps of $0.16 for Q4 2025.
Did New Jersey Resources beat estimates in Q4 2025?
Revenue beat the consensus estimate of $299.6M by $41.9M. EPS beat the consensus estimate of $0.15 by $0.01.
How did New Jersey Resources's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 81.0% from $1.8B a year earlier and eps declined 82.0% from $0.89.
Where can I find New Jersey Resources's Q4 2025 SEC filings?
You can read the 8-K earnings release (0001140361-25-042738) and the 10-K periodic report (0000356309-25-000093) directly on SEC EDGAR. The filing index links above go to sec.gov.