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New Jersey Resources NJR CEV — Income (Loss) from Equity Method Investments

Other segment segments

S&T
$2.28M+96.6%
ES
$0
NJNG
$0

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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:IncomeLossFromEquityMethodInvestments.

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)NJNGCEVESS&TTotal
Other segment income (expense) (3)6,8038,859171(139)15,694
Interest expense, net of capitalized interest19,1808,1723,1245,44835,924
Income tax provision (benefit)41,677(1,828)21,7372,57164,157
Equity in earnings of affiliates2,2822,282
Net income attributable to reportable segments$148,513(5,223)69,7357,708$220,733
Reconciliation to consolidated net income
Corporate and other (1)(1,821)
Total net income$218,912

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is New Jersey Resources's CEV — income (loss) from equity method investments?
New Jersey Resources (NJR) reported CEV — income (loss) from equity method investments of $0 in Q1 2026.
What does CEV — income (loss) from equity method investments mean?
Represents the segment's proportionate share of the net earnings or losses from entities accounted for under the equity method. It indicates the performance and value contribution of non-consolidated partnerships or joint ventures.

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