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New Jersey Resources NJR HSO — Derivative instruments

Other segment segments

ES
$230.66M-1.6%
NJNG
$90.64M-29.9%
CEV
$1.05M+683%
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:GainLossOnDerivativeInstrumentsNetPretax.

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
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
Revenues out of scope66,3381,049230,664298,051
Total operating revenues$640,9229,932244,15529,43414,958$939,401
2025
Natural gas utility sales (1)$509,451$509,451

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is New Jersey Resources's HSO — derivative instruments?
New Jersey Resources (NJR) reported HSO — derivative instruments of $0 in Q1 2026.
What does HSO — derivative instruments mean?
This metric represents the net revenue impact resulting from derivative instruments utilized by the Home Services and Other segment for hedging or risk management purposes. It reflects the financial gains or losses realized from financial contracts used to mitigate exposure to market price volatility. Monitoring this helps investors understand the segment's risk management effectiveness and its impact on overall financial performance.

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