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New Jersey Resources NJR NJNG — Regulatory rider expenses

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$0
ES
$0
S&T
$0

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LMNDNew Jersey — Amount
$13.9M+18.8%

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:UtilitiesOperatingExpenseOther.

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 — regulatory rider expenses?
New Jersey Resources (NJR) reported NJNG — regulatory rider expenses of $59.45M in Q1 2026.
How has New Jersey Resources's NJNG — regulatory rider expenses changed year-over-year?
New Jersey Resources's NJNG — regulatory rider expenses increased by 22.6% year-over-year, from $48.5M to $59.45M.
What does NJNG — regulatory rider expenses mean?
Represents specific costs that are recoverable from customers through regulatory mechanisms or surcharges outside of base rates. This metric highlights the segment's ability to manage and recover pass-through costs in a regulated environment.