What is New Jersey Resources's ES — regulatory rider expenses?

New Jersey Resources (NJR) reported ES — regulatory rider expenses of $0 in Q1 2026.

What does ES — regulatory rider expenses mean?

Captures specific costs incurred by the Energy Services segment that are recoverable through regulatory mechanisms or riders. It highlights the segment's ability to pass through certain operational costs to customers under regulatory frameworks.

New Jersey Resources (NJR) ES — Regulatory rider expenses

Screener

Other segment segments

NJNG

$59.45M+22.6%

CEV

$0—

S&T

$0—

Similar metrics at other companies

THMRegulatory Expenses

$117.25K+89.9%

TEXES — Acquisitions

$0-100%

TEXES — Divestiture

$0—

TEXES — Goodwill

$796M+0.5%

OPKES — Revenue

$8.45M+25.7%

VTIXSHAREOFLOSSINJOINTVENTUR Es

-$3.74K—

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)	NJNG	CEV	ES	S&T	Total
Total operating revenues					$939,401
Natural gas purchases	276,567	—	139,938	461	416,966
Operation and maintenance	65,715	10,549	9,770	12,222	98,256
Regulatory rider expenses	59,450	—	—	—	59,450
Depreciation and amortization	37,509	7,121	43	5,169	49,842
Interest income (2)	648	—	21	2,002	2,671
Other segment income (expense) (3)	6,803	8,859	171	(139)	15,694
Interest expense, net of capitalized interest	19,180	8,172	3,124	5,448	35,924

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is New Jersey Resources's ES — regulatory rider expenses?: New Jersey Resources (NJR) reported ES — regulatory rider expenses of $0 in Q1 2026.
What does ES — regulatory rider expenses mean?: Captures specific costs incurred by the Energy Services segment that are recoverable through regulatory mechanisms or riders. It highlights the segment's ability to pass through certain operational costs to customers under regulatory frameworks.