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New Jersey Resources NJR Equity Method Investments

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Other financials

Income statement

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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

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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

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Operating cash flow$562.6M+33.0%
CapEx$42.1M+118%
Free cash flow$572.6M+35.2%

Valuation

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Market cap$5.53B+18.3%
Enterprise value$9.01B+9.8%
P/E16.2×+4.8×
P/S2.5×+0.3×

Profitability

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Gross margin32.2%
Operating margin23.8%-6.1pp
Net margin15.7%-4.4pp
FCF margin27.8%+4.7pp

Returns & leverage

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Return on equity13.3%-4.5pp
Debt / equity1.4×0.0×
Current ratio0.9×0.0×

Where this comes from

Reported directly by New Jersey Resources in its filing.

Tagged under the XBRL concept us-gaap:EquityMethodInvestments.

The source filing: New Jersey Resources’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0000356309-26-000029
(Thousands)(Unaudited) / March 31,2026September 30,2025
Other current assets45,35039,517
Total current assets730,284569,876
NONCURRENT ASSETS
Investments in equity method investees102,778101,243
Regulatory assets619,754672,518
Operating lease assets188,223185,596
Derivatives, at fair value1,7212,319
Software costs11,19511,151

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is New Jersey Resources's equity method investments?
New Jersey Resources (NJR) reported equity method investments of $102.78M in Q1 2026.
How has New Jersey Resources's equity method investments changed year-over-year?
New Jersey Resources's equity method investments increased by 1.4% year-over-year, from $101.35M to $102.78M.
What is the long-term trend for New Jersey Resources's equity method investments?
Over 4 years (2021 to 2025), New Jersey Resources's equity method investments has grown at a -3.0% compound annual growth rate (CAGR), from $114.53M to $101.24M.
What does equity method investments mean?
Investments in unconsolidated affiliates and joint ventures where the company has significant influence (typically 20-50% ownership), carried at proportional book value.

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