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New Jersey Resources NJR CEV — Regulatory rider expenses

Other segment segments

NJNG
$59.45M+22.6%
ES
$0
S&T
$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:UtilitiesOperatingExpenseOther.

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, except per share data)Three Months Ended / March 31, 2026Three Months Ended / March 31, 2025Six Months Ended / March 31, 2026Six Months Ended / March 31, 2025
Nonutility140,110151,617225,964219,425
Related parties1,2421,6662,5193,384
Operation and maintenance112,496111,041199,177199,673
Regulatory rider expenses59,45048,50192,60470,977
Depreciation and amortization50,12947,96799,70593,296
Gain on sale of assets(688)(55,547)
Total operating expenses638,374633,0781,064,020931,862
OPERATING INCOME301,027279,949480,235469,526

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is New Jersey Resources's CEV — regulatory rider expenses?
New Jersey Resources (NJR) reported CEV — regulatory rider expenses of $0 in Q1 2026.
What does CEV — regulatory rider expenses mean?
Reflects specific costs that are recoverable through regulatory mechanisms or surcharges applied to customer rates. These expenses are typically pass-through in nature and are subject to oversight by utility commissions.

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