What does CEV — alternative revenue programs mean?

Refers to revenue generated through non-traditional or regulatory-approved incentive programs that fall outside standard commodity sales. These programs often provide supplemental income streams designed to support renewable energy adoption or grid stability. Monitoring this helps assess the segment's ability to leverage regulatory frameworks for additional financial support.

New Jersey Resources NJR CEV — Alternative revenue programs

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OGERevenuesfrom Alternative Revenue Programs

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FEAlternative Revenue Program — Revenue

$13M—

AEPAlternative Revenue Programs — Total Other Revenues

-$11M+26.7%

DAlternative Revenue Programs — Other Revenues

$46M+109%

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$5.56B+12.6%

Enterprise value$9.04B+10.3%

P/E16.3×+4.4×

P/S2.6×+0.2×

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 njr:AlternativeRevenueProgramsRevenue.

The official record: New Jersey Resources’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is New Jersey Resources's CEV — alternative revenue programs?: New Jersey Resources (NJR) reported CEV — alternative revenue programs of $0 in Q1 2026.
What does CEV — alternative revenue programs mean?: Refers to revenue generated through non-traditional or regulatory-approved incentive programs that fall outside standard commodity sales. These programs often provide supplemental income streams designed to support renewable energy adoption or grid stability. Monitoring this helps assess the segment's ability to leverage regulatory frameworks for additional financial support.