What is New Jersey Resources's S&T — regulatory rider expenses?

New Jersey Resources (NJR) reported S&T — regulatory rider expenses of $0 in Q1 2026.

What does S&T — regulatory rider expenses mean?

Costs incurred by the segment that are specifically recoverable through regulatory rate mechanisms or riders. This metric highlights the portion of operational expenses that are passed through to customers under regulatory oversight. It serves as a measure of the segment's exposure to regulatory cost-recovery frameworks.

New Jersey Resources NJR S&T — Regulatory rider expenses

Other segment segments

NJNG

$59.45M+22.6%

CEV

$0—

Similar metrics at other companies

SOReportable Segment — Rate RSE expenses

$301M-17.5%

JBLRegulated Industries — Segment expenses

$2.88B+10.4%

NNIEducation Technology Services and Payments (ETSP) — Reinsurance losses and underwriting expenses

$0—

GLW

GLWTotal Reportable Segments — Research, development and engineering expenses

$207M+0.5%

TDS

TDST D S Telecom Segment — Expenses related to strategic alternatives review (included in Selling, general and administrative)

$87K—

ASBRisk Management and Shared Services — Noninterest Expense

$13.35M—

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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What is New Jersey Resources's S&T — regulatory rider expenses?: New Jersey Resources (NJR) reported S&T — regulatory rider expenses of $0 in Q1 2026.
What does S&T — regulatory rider expenses mean?: Costs incurred by the segment that are specifically recoverable through regulatory rate mechanisms or riders. This metric highlights the portion of operational expenses that are passed through to customers under regulatory oversight. It serves as a measure of the segment's exposure to regulatory cost-recovery frameworks.