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New Jersey Resources NJR Provision for Credit Losses

Provision for Credit Losses at other companies

MDU Resources Group logo
MDU Resources GroupMDU
$2.62M-16.8%
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$2.9M+24.2%
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CMS EnergyCMS
$10M+21.2%
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Essential UtilitiesWTRG
$3.88M+986%
PG&E logo
PG&EPCG
$89M-11.0%
NRG Energy logo
NRG EnergyNRG
$59M+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$5.56B+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:ProvisionForDoubtfulAccounts.

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 provision for credit losses?
New Jersey Resources (NJR) reported provision for credit losses of $2.85M in Q1 2026.
How has New Jersey Resources's provision for credit losses changed year-over-year?
New Jersey Resources's provision for credit losses increased by 5.4% year-over-year, from $2.7M to $2.85M.
What is the long-term trend for New Jersey Resources's provision for credit losses?
Over 3 years (2021 to 2025), New Jersey Resources's provision for credit losses has grown at a -19.2% compound annual growth rate (CAGR), from $18.99M to $10.03M.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.