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New Jersey Resources NJR Contract With Customer, Assets (Liabilities), Net

Segments

By segment

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NJNG$295.23M+14.0%
ES$28.51M-10.5%
CEV$14.08M+6.7%
S&T$7.76M-5.4%

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$5.53B+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

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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:ContractWithCustomerAssetsLiabilitiesNet.

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) / March 31, 2026NJNGCEVESS&THSOTotal
Billed$247,5805,64028,5137,7931,526$291,052
Unbilled70,5688,44379,011
Customers' credit balances and deposits(22,915)(29)(22,944)
Total$295,23314,08328,5137,7641,526$347,119
September 30, 2025
Customer accounts receivable
Billed$75,7896,81817,4838,1721,104$109,366
Unbilled14,8179,37724,194

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is New Jersey Resources's contract with customer, assets (liabilities), net?
New Jersey Resources (NJR) reported contract with customer, assets (liabilities), net of $347.12M in Q1 2026.
How has New Jersey Resources's contract with customer, assets (liabilities), net changed year-over-year?
New Jersey Resources's contract with customer, assets (liabilities), net increased by 10.5% year-over-year, from $314.03M to $347.12M.
What is the long-term trend for New Jersey Resources's contract with customer, assets (liabilities), net?
Over 3 years (2022 to 2025), New Jersey Resources's contract with customer, assets (liabilities), net has grown at a -20.4% compound annual growth rate (CAGR), from $202.82M to $102.26M.

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