What is New Jersey Resources's NJNG — finance leases?

New Jersey Resources (NJR) reported NJNG — finance leases of $43.6M in Q1 2026.

What does NJNG — finance leases mean?

The total obligation or asset value associated with long-term lease agreements classified as financing arrangements. This reflects the segment's reliance on leased infrastructure or equipment to support utility operations.

New Jersey Resources NJR NJNG — Finance leases

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MDLZFinance leases and other

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BEFinance Lease Liabilities

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CCIFinance Lease Obligations

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WMTFinance lease

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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

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

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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

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:FinanceLeaseLiability.

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 NJNG — finance leases?: New Jersey Resources (NJR) reported NJNG — finance leases of $43.6M in Q1 2026.
What does NJNG — finance leases mean?: The total obligation or asset value associated with long-term lease agreements classified as financing arrangements. This reflects the segment's reliance on leased infrastructure or equipment to support utility operations.