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New Jersey Resources NJR Electricity sales — Revenues from contracts with customers

Other product segments

Natural gas utility sales
$574.82M+12.8%
Natural gas services
$42.93M+15.4%
Service contracts
$9.53M+2.8%
Installations and maintenance
$5.43M-7.1%
Renewable energy certificates
$3.38M+17.9%

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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$5.62B+18.3%
Enterprise value$9.1B+9.8%
P/E16.5×+4.9×
P/S2.6×+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:RevenueFromContractWithCustomerExcludingAssessedTax.

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&THSOTotal
Service contracts9,5289,528
Installations and maintenance5,4305,430
Renewable energy certificates3,3803,380
Electricity sales5,5035,503
Eliminations (2)(238)(238)
Revenues from contracts with customers574,5848,88313,49129,43414,958641,350
Alternative revenue programs (3)(24,299)(24,299)
Derivative instruments90,6371,049230,664322,350

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is New Jersey Resources's electricity sales — revenues from contracts with customers?
New Jersey Resources (NJR) reported electricity sales — revenues from contracts with customers of $5.5M in Q1 2026.
How has New Jersey Resources's electricity sales — revenues from contracts with customers changed year-over-year?
New Jersey Resources's electricity sales — revenues from contracts with customers increased by 10.8% year-over-year, from $4.97M to $5.5M.
What is the long-term trend for New Jersey Resources's electricity sales — revenues from contracts with customers?
Over 4 years (2021 to 2025), New Jersey Resources's electricity sales — revenues from contracts with customers has grown at a 1.9% compound annual growth rate (CAGR), from $25.27M to $27.24M.
What does electricity sales — revenues from contracts with customers mean?
This metric represents the total revenue generated from the sale of electricity to customers within the specified business segment. It reflects the core top-line performance of the electricity operations, capturing the value of energy delivered under contractual agreements. Tracking this figure helps investors assess the scale and revenue stability of the company's electricity-related business activities.

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