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New Jersey Resources NJR CEV — Unbilled revenues

Other segment segments

NJNG
$70.57M+1.5%
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$5.56B+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 us-gaap:UnbilledReceivablesCurrent.

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 — unbilled revenues?
New Jersey Resources (NJR) reported CEV — unbilled revenues of $8.44M in Q1 2026.
How has New Jersey Resources's CEV — unbilled revenues changed year-over-year?
New Jersey Resources's CEV — unbilled revenues increased by 107.5% year-over-year, from $4.07M to $8.44M.
What does CEV — unbilled revenues mean?
Reflects revenue earned from energy services provided but not yet invoiced to the customer as of the reporting date. This accrual-based metric is essential for matching revenue to the period in which the service was performed. High levels of unbilled revenue may indicate timing differences in the billing process or specific contract structures.