How has New Jersey Resources's NJNG — operation and maintenance changed year-over-year?

New Jersey Resources's NJNG — operation and maintenance increased by 7.3% year-over-year, from $61.26M to $65.72M.

What does NJNG — operation and maintenance mean?

Captures the recurring costs required to operate and maintain the utility's infrastructure and support business activities. It serves as a key indicator of the segment's operational efficiency and cost management discipline.

New Jersey Resources (NJR) NJNG — Operation and maintenance

Screener

Other segment segments

S&T

$12.22M-5.3%

CEV

$10.55M-1.4%

$9.77M-12.8%

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$28.71M+1.0%

MDUOther — Operation and maintenance

$305K+271%

MDUPipeline — Operation and maintenance

$20.77M+8.0%

CNP

CNPElectric — Operation and maintenance

$532M+1.7%

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

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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

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:OtherCostAndExpenseOperating.

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)	NJNG	CEV	ES	S&T	Total
Corporate and other (1)					14,720
Total operating revenues					$939,401
Natural gas purchases	276,567	—	139,938	461	416,966
Operation and maintenance	65,715	10,549	9,770	12,222	98,256
Regulatory rider expenses	59,450	—	—	—	59,450
Depreciation and amortization	37,509	7,121	43	5,169	49,842
Interest income (2)	648	—	21	2,002	2,671
Other segment income (expense) (3)	6,803	8,859	171	(139)	15,694

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is New Jersey Resources's NJNG — operation and maintenance?: New Jersey Resources (NJR) reported NJNG — operation and maintenance of $65.72M in Q1 2026.
How has New Jersey Resources's NJNG — operation and maintenance changed year-over-year?: New Jersey Resources's NJNG — operation and maintenance increased by 7.3% year-over-year, from $61.26M to $65.72M.
What does NJNG — operation and maintenance mean?: Captures the recurring costs required to operate and maintain the utility's infrastructure and support business activities. It serves as a key indicator of the segment's operational efficiency and cost management discipline.