What does S&T — alternative revenue programs mean?

Reflects revenue derived from non-traditional or regulatory-approved alternative programs that deviate from standard volumetric sales. These programs often provide revenue stability or incentives for specific operational outcomes. Monitoring this helps investors understand the diversification of the segment's income streams beyond standard service contracts.

New Jersey Resources NJR S&T — Alternative revenue programs

Similar metrics at other companies

DAlternative Revenue Programs — Other Revenues

$46M+109%

ATOPipeline and storage segment — Alternative revenue program revenues

-$32.84M-179%

NFGIntegrated Upstream and Gathering — Alternative Revenue Programs

$0—

ATODistribution segment — Alternative revenue program revenues

$77.18M+484%

OGERevenuesfrom Alternative Revenue Programs

$15.9M+141%

AEPAlternative Revenue Programs — Total Other Revenues

-$11M+26.7%

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 njr:AlternativeRevenueProgramsRevenue.

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 S&T — alternative revenue programs?: New Jersey Resources (NJR) reported S&T — alternative revenue programs of $0 in Q1 2026.
What does S&T — alternative revenue programs mean?: Reflects revenue derived from non-traditional or regulatory-approved alternative programs that deviate from standard volumetric sales. These programs often provide revenue stability or incentives for specific operational outcomes. Monitoring this helps investors understand the diversification of the segment's income streams beyond standard service contracts.