What does HSO — alternative revenue programs mean?

This metric captures revenue derived from non-traditional or regulatory-approved alternative revenue programs specific to the Home Services and Other segment. These programs often include mechanisms that decouple revenue from volumetric sales to support specific business or policy objectives. It serves as an indicator of the segment's ability to generate income outside of standard service-based contracts.

New Jersey Resources NJR HSO — Alternative revenue programs

Similar metrics at other companies

DAlternative Revenue Programs — Other Revenues

$46M+109%

XELAlternative revenue and other — Alternative revenue and other

$267M+31.5%

QRVOHPA — Revenue

$202.75M+7.9%

AEPAlternative Revenue Programs — Total Other Revenues

-$11M+26.7%

ADPHRO, excluding PEO zero-margin benefits pass-throughs — Revenue

$1.12B+5.4%

BKH

BKHAlternative Revenue And Other — Revenue

$18.7M+290%

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 njr:AlternativeRevenueProgramsRevenue.

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 HSO — alternative revenue programs?: New Jersey Resources (NJR) reported HSO — alternative revenue programs of $0 in Q1 2026.
What does HSO — alternative revenue programs mean?: This metric captures revenue derived from non-traditional or regulatory-approved alternative revenue programs specific to the Home Services and Other segment. These programs often include mechanisms that decouple revenue from volumetric sales to support specific business or policy objectives. It serves as an indicator of the segment's ability to generate income outside of standard service-based contracts.