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New Jersey Resources NJR Non cash lease expense

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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 njr:AmortizationOfOperatingLeases.

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 non cash lease expense?
New Jersey Resources (NJR) reported non cash lease expense of $1.11M in Q1 2026.
How has New Jersey Resources's non cash lease expense changed year-over-year?
New Jersey Resources's non cash lease expense increased by 1.2% year-over-year, from $1.1M to $1.11M.
What is the long-term trend for New Jersey Resources's non cash lease expense?
Over 4 years (2021 to 2025), New Jersey Resources's non cash lease expense has grown at a 3.2% compound annual growth rate (CAGR), from $3.92M to $4.45M.
What does non cash lease expense mean?
Captures the non-cash expense recognized for the use of leased assets over the term of the lease agreements. This metric is critical for understanding the company's underlying operational cost structure and its reliance on leased versus owned infrastructure. It helps in normalizing cash flow analysis by separating lease-related accounting charges from actual cash outflows.