What is New Jersey Resources's NJNG — derivatives, at fair value?

New Jersey Resources (NJR) reported NJNG — derivatives, at fair value of $0 in Q1 2026.

How has New Jersey Resources's NJNG — derivatives, at fair value changed year-over-year?

New Jersey Resources's NJNG — derivatives, at fair value decreased by 100.0% year-over-year, from $41K to $0.

What does NJNG — derivatives, at fair value mean?

The total fair value of all derivative financial instruments held by the segment, used primarily for hedging commodity price risk. This reflects the mark-to-market valuation of contracts intended to stabilize utility operating costs.

New Jersey Resources (NJR) NJNG — Derivatives, at fair value

Screener

Other segment segments

$6.47M-47.7%

Similar metrics at other companies

CRBGFair value of embedded derivatives

$0—

BHFFair value of embedded derivatives

$72M—

IEPEnergy — Derivative Fair Value Of Derivative Asset

-$16M-245%

IEPInvestment — Derivative Fair Value Of Derivative Asset

$19M-83.5%

SRGas Marketing — Derivative Fair Value Of Derivative Asset

$42.8M+1.7%

SRGas Utility — Derivative Fair Value Of Derivative Asset

$2.9M-14.7%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$562.6M+33.0%

CapEx$42.1M+118%

Free cash flow$572.6M+35.2%

Valuation

See full

Market cap$5.53B+18.3%

Enterprise value$9.01B+9.8%

P/E16.2×+4.8×

P/S2.5×+0.3×

Profitability

See full

Gross margin32.2%—

Operating margin23.8%-6.1pp

Net margin15.7%-4.4pp

FCF margin27.8%+4.7pp

Returns & leverage

See full

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:DerivativeLiabilitiesNoncurrent.

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)	Balance Sheet Location	Derivatives at Fair Value / March 31, 2026 / Assets	Derivatives at Fair Value / March 31, 2026 / Liabilities	Derivatives at Fair Value / September 30, 2025 / Assets	Derivatives at Fair Value / September 30, 2025 / Liabilities
	Derivatives - noncurrent	1,068	4,676	1,312	3,931
Financial commodity contracts	Derivatives - current	6,469	3,538	8,426	1,736
	Derivatives - noncurrent	653	591	1,006	352
NJNG:
Physical commodity contracts	Derivatives - current	$80	—	$30	$2
Financial commodity contracts	Derivatives - current	—	31	349	4
	Derivatives - noncurrent	—	—	1	—
Total fair value of derivatives		$11,251	$13,384	$14,833	$11,903

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is New Jersey Resources's NJNG — derivatives, at fair value?: New Jersey Resources (NJR) reported NJNG — derivatives, at fair value of $0 in Q1 2026.
How has New Jersey Resources's NJNG — derivatives, at fair value changed year-over-year?: New Jersey Resources's NJNG — derivatives, at fair value decreased by 100.0% year-over-year, from $41K to $0.
What does NJNG — derivatives, at fair value mean?: The total fair value of all derivative financial instruments held by the segment, used primarily for hedging commodity price risk. This reflects the mark-to-market valuation of contracts intended to stabilize utility operating costs.