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New Jersey Resources NJR NJNG — Natural gas in storage, at average cost

Other segment segments

ES
$16.79M-41.4%
S&T
$1.26M+712%

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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$5.56B+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 us-gaap:EnergyRelatedInventoryNaturalGasInStorage.

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 — natural gas in storage, at average cost?
New Jersey Resources (NJR) reported NJNG — natural gas in storage, at average cost of $42.49M in Q1 2026.
How has New Jersey Resources's NJNG — natural gas in storage, at average cost changed year-over-year?
New Jersey Resources's NJNG — natural gas in storage, at average cost decreased by 39.9% year-over-year, from $70.7M to $42.49M.
What does NJNG — natural gas in storage, at average cost mean?
Represents the monetary value of natural gas inventory held in underground storage facilities, calculated using the average cost method. This metric reflects the capital tied up in commodity reserves intended for future delivery to utility customers.