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New Jersey Resources NJR NJNG — Income (Loss) from Equity Method Investments

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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:IncomeLossFromEquityMethodInvestments.

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&TTotal
Other segment income (expense) (3)6,8038,859171(139)15,694
Interest expense, net of capitalized interest19,1808,1723,1245,44835,924
Income tax provision (benefit)41,677(1,828)21,7372,57164,157
Equity in earnings of affiliates2,2822,282
Net income attributable to reportable segments$148,513(5,223)69,7357,708$220,733
Reconciliation to consolidated net income
Corporate and other (1)(1,821)
Total net income$218,912

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is New Jersey Resources's NJNG — income (loss) from equity method investments?
New Jersey Resources (NJR) reported NJNG — income (loss) from equity method investments of $0 in Q1 2026.
What does NJNG — income (loss) from equity method investments mean?
Reflects the segment's proportionate share of the net income or loss from entities in which it holds a significant influence but not full control. This metric indicates the performance contribution from strategic partnerships and joint ventures.

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