New Jersey Resources NJR Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Operating revenues attributable to reportable segments by Business | ||||||
| CEV | $9.93M+24.7% | $31.76M+20.3% | $66.1M-7.3% | $12.03M-17.9% | $7.97M-14.6% | |
| ES | $244.16M-0.9% | $119.11M+38.0% | $81.91M-54.1% | $38.85M-37.8% | $246.39M+65.8% | |
| HSO | $14.96M-0.4% | $16.01M+2.4% | $15.78M-4.3% | $16.15M-0.9% | $15.02M+1.8% | |
| NJNG | $640.92M+3.7% | $409.9M+22.9% | $144.94M+38.4% | $204.79M+29.8% | $618.34M+33.6% | |
| S&T | $29.43M+16.3% | $28.08M+5.6% | $27.35M+10.2% | $27.13M+10.8% | $25.31M+13.1% | |
| Revenues from contracts with customers by Business | ||||||
| CEV | $8.88M+13.4% | $9.35M+7.2% | $16.41M+9.5% | $11.85M-18.0% | $7.83M-15.1% | |
| Corporate and other | $14.72M0.0% | $15.77M+3.4% | —— | —— | $14.72M-8.8% | |
| ES | $13.49M+13.5% | $12.84M+7.5% | $12.01M-89.6% | $11.81M-27.1% | $11.89M-26.4% | |
| HSO | $14.96M-0.4% | $16.01M+2.4% | $15.78M-4.3% | $16.15M-0.9% | $15.02M+1.8% | |
| NJNG | $574.58M+12.9% | $374.62M+26.5% | $116.77M+24.4% | $167.9M+21.3% | $509.15M+37.4% | |
| S&T | $29.43M+16.3% | $28.08M+5.6% | $27.35M+10.2% | $27.13M+10.8% | $25.31M+13.1% | |
| Net income attributable to reportable segments by Business | ||||||
| CEV | -$5.22M-32.0% | $9.59M-80.1% | —— | —— | -$3.96M-147% | |
| ES | $69.74M+13.8% | $20.6M+101% | —— | —— | $61.29M+130% | |
| NJNG | $148.51M+2.8% | $83.83M+25.3% | —— | —— | $144.53M+333% | |
| S&T | $7.71M+229% | $7.36M+30.0% | —— | —— | $2.34M-23.4% | |
| Revenues out of scope by Business | ||||||
| CEV | $1.05M+683% | $22.41M+26.7% | $49.69M-11.8% | $179K-10.9% | $134K+34.0% | |
| ES | $230.66M-1.6% | $106.27M+42.9% | $69.9M+11.2% | $27.04M-41.5% | $234.5M+77.0% | |
| HSO | $0— | $0— | $0— | $0— | $0— | |
| NJNG | $66.34M-39.2% | $35.28M-5.6% | $28.17M+158% | $36.89M+91.1% | $109.19M+18.5% | |
| S&T | $0— | $0— | $0— | $0— | $0— | |
| Other segment income (expense) by Business | ||||||
| CEV | $8.86M+8.0% | $5.28M+20.7% | —— | —— | $8.2M+119% | |
| ES | $171K-51.6% | $170K-51.4% | —— | —— | $353K+144% | |
| NJNG | $6.8M+4.1% | $5.32M+9.1% | —— | —— | $6.53M+45.9% | |
| S&T | -$139K+47.1% | -$122K-90.6% | —— | —— | -$263K-3,106% | |
| Alternative revenue programs by Business | ||||||
| CEV | $0— | $0— | $0— | $0— | $0— | |
| ES | $0— | $0— | $0— | $0— | $0— | |
| HSO | $0— | $0— | $0— | $0— | $0— | |
| NJNG | -$24.3M-20.6% | -$26.26M-387% | -$3.26M— | $48K+105% | -$20.15M-373% | |
| S&T | $0— | $0— | $0— | $0— | $0— | |
| Unbilled revenues by Business | ||||||
| CEV | $8.44M+107% | $8.2M+55.3% | $9.38M+13.6% | $6.78M-12.9% | $4.07M-10.6% | |
| ES | $0— | $0— | $0— | $0— | $0— | |
| NJNG | $70.57M+1.5% | $143.75M+28.3% | $14.82M+25.2% | $15.13M+18.4% | $69.56M-0.5% | |
| S&T | $0— | $0— | $0— | $0— | $0— | |
| Billed by Business | ||||||
| CEV | $5.64M-38.2% | $5.11M-37.5% | $6.82M-19.2% | $7M-20.7% | $9.12M+25.5% | |
| ES | $28.51M-10.5% | $74.4M+41.2% | $17.48M-48.6% | $25.17M+7.0% | $31.88M+26.3% | |
| NJNG | $247.58M+16.7% | $170.46M+22.7% | $75.79M+46.8% | $129.15M+52.1% | $212.24M+49.4% | |
| S&T | $7.79M-5.3% | $8.9M+5.2% | $8.17M-5.0% | $10.1M+20.8% | $8.23M+6.2% | |
| Interest Income by Business | ||||||
| CEV | $0-100% | $31K— | $155K— | $280K— | $250K— | |
| ES | $21K-46.2% | $39K+14.7% | $48K+60.0% | $36K-76.2% | $39K-72.7% | |
| NJNG | $648K+6.2% | $725K+13.8% | $618K-21.0% | $687K+20.3% | $610K+18.0% | |
| S&T | $2M-8.8% | $2.11M-14.1% | $2.22M-18.1% | $2.28M-11.6% | $2.2M-12.8% | |
| Income tax provision by Business | ||||||
| CEV | -$1.83M-69.4% | $2.74M-80.6% | $7.22M-39.2% | -$2.07M-3.0% | -$1.08M+32.3% | |
| ES | $21.74M+13.7% | $6.3M+128% | —— | -$7.79M-402% | $19.11M+261% | |
| NJNG | $41.68M-3.6% | $23.23M+27.2% | $0— | $2.49M+320% | $43.23M+76.6% | |
| S&T | $2.57M+250% | $2.27M+52.7% | $1.89M+21.5% | $1.87M+39.2% | $734K+18.6% | |
| Total Assets by Business | ||||||
| CEV | $1.34B+17.2% | $1.32B+19.9% | $1.31B+13.1% | $1.2B+2.8% | $1.14B+1.6% | |
| Corporate and other | -$13.03M— | $44.22M— | -$60.18M-160% | —— | —— | |
| ES | $90.98M-32.2% | $152.56M+10.1% | $98.43M-9.5% | $119.1M+18.5% | $134.25M+29.0% | |
| NJNG | $5.48B+8.0% | $5.43B+7.9% | $5.2B+8.5% | $5.04B+9.3% | $5.07B+12.0% | |
| S&T | $1.05B+2.4% | $1.04B+1.8% | $1.03B+0.8% | $1.03B+0.7% | $1.03B+1.2% | |
| Contract With Customer, Assets (Liabilities), Net by Business | ||||||
| CEV | $14.08M+6.7% | $13.31M-1.1% | $16.2M-3.0% | $13.78M-17.0% | $13.19M+11.6% | |
| ES | $28.51M-10.5% | $74.4M+41.2% | $17.48M-48.6% | $25.17M+7.0% | $31.88M+26.3% | |
| NJNG | $295.23M+14.0% | $274.01M+31.5% | $59.35M+139% | $120.47M+75.0% | $258.97M+38.4% | |
| S&T | $7.76M-5.4% | $8.85M+5.0% | $8.13M-5.2% | $10.03M+20.2% | $8.2M+6.1% | |
| Income (Loss) from Equity Method Investments by Business | ||||||
| CEV | $0— | $0— | $0— | $0— | $0— | |
| ES | $0— | $0— | $0— | $0— | $0— | |
| NJNG | $0— | $0— | $0— | $0— | $0— | |
| S&T | $2.28M+96.6% | $1.24M+29.0% | $783K-18.1% | $908K+16.1% | $1.16M+1,266% | |
| Interest expense, net of capitalized interest by Business | ||||||
| CEV | $8.17M+37.6% | $8.37M+31.3% | $7.76M+12.7% | $6.63M-5.7% | $5.94M-17.3% | |
| ES | $3.12M-4.2% | $3.42M-12.0% | $3.06M-34.2% | $2.89M-26.7% | $3.26M-7.1% | |
| NJNG | $19.18M+11.1% | $19.3M+10.6% | $19M+3.0% | $16.18M+13.7% | $17.26M+16.2% | |
| S&T | $5.45M-6.3% | $5.57M-6.8% | $5.64M-3.8% | $5.74M-0.6% | $5.82M-0.9% | |
| Segment, Expenditure, Addition to Long-Lived Assets by Business | ||||||
| CEV | $71.68M+103% | $59.7M+78.3% | $120.21M+298% | $49.28M+33.1% | $35.23M+211% | |
| ES | $0— | $0— | —— | $0— | $0— | |
| NJNG | $106M+13.6% | $106.92M-2.7% | $131M-0.6% | $103.4M-6.3% | $93.33M-4.5% | |
| S&T | $16.95M+189% | $12.45M+51.7% | $9.47M-27.8% | $4.23M-61.3% | $5.86M-56.7% | |
| Natural gas purchases by Business | ||||||
| CEV | $0— | $0— | —— | —— | $0— | |
| ES | $139.94M-7.8% | $85.77M+26.4% | —— | —— | $151.85M+98.5% | |
| NJNG | $276.57M+0.5% | $170.72M+31.3% | —— | —— | $275.3M+166% | |
| S&T | $461K+681% | $374K+33.6% | —— | —— | $59K-77.0% | |
| D&A by Business | ||||||
| CEV | $7.12M+29.4% | $7.03M+9.4% | $6.4M-9.0% | $5.77M-17.3% | $5.5M-20.6% | |
| ES | $43K-30.6% | $41K-12.8% | $48K+2.1% | $30K-33.3% | $62K+10.7% | |
| NJNG | $37.51M+5.0% | $36.96M+15.2% | $36.58M+23.5% | $35.99M+26.3% | $35.71M+30.0% | |
| S&T | $5.17M-20.9% | $5.27M-19.0% | $5.17M-17.7% | $4.81M-22.9% | $6.54M+5.1% | |
| Regulatory rider expenses by Business | ||||||
| CEV | $0— | $0— | —— | —— | $0— | |
| ES | $0— | $0— | —— | —— | $0— | |
| NJNG | $59.45M+22.6% | $33.15M+47.5% | —— | —— | $48.5M+222% | |
| S&T | $0— | $0— | —— | —— | $0— | |
| Operation and maintenance by Business | ||||||
| CEV | $10.55M-1.4% | $9.34M-11.6% | —— | —— | $10.7M-2.8% | |
| ES | $9.77M-12.8% | $3.19M+70.8% | —— | —— | $11.21M+79.6% | |
| NJNG | $65.72M+7.3% | $48.99M-6.0% | —— | —— | $61.26M+8.8% | |
| S&T | $12.22M-5.3% | $10.47M+3.8% | —— | —— | $12.91M+19.9% | |
| Notional amount by Business | ||||||
| ES | $3.8-62.4% | -$0.6+92.2% | $11+1,475% | -$7.9-155% | $10.1— | |
| Derivative instruments by Business | ||||||
| CEV | $1.05M+683% | $22.41M+26.7% | $49.69M-11.8% | $179K-10.9% | $134K+34.0% | |
| ES | $230.66M-1.6% | $106.27M+42.9% | $69.9M+11.2% | $27.04M-41.5% | $234.5M+82.2% | |
| HSO | $0— | $0— | $0— | $0— | $0— | |
| NJNG | $90.64M-29.9% | $61.54M+43.9% | $31.43M+131% | $36.84M+81.1% | $129.34M+52.5% | |
| S&T | $0— | $0— | $0— | $0— | $0— | |
| Amount of gain (loss) recognized in income on derivatives by Business | ||||||
| ES | $1.4M-96.1% | -$761K+71.1% | $3.9M+27.6% | -$24.94M-361% | $36.08M+1,088% | |
| NJNG | -$13.06M-143% | -$4.48M+66.5% | -$2.8M-215% | -$21.3M-379% | $30.04M+525% | |
| Derivative Asset, Including Not Subject to Master Netting Arrangement, after Offset and Deduction by Business | ||||||
| ES | $4.12M-82.2% | $6.47M+99.9% | $6.35M+66.4% | $6.66M+104% | $23.22M+986% | |
| NJNG | $80K+5.3% | $34K-78.6% | $375K+4,588% | $118K+45.7% | $76K-93.9% | |
| Other Receivable from Broker-Dealer and Clearing Organization by Business | ||||||
| ES | $3.23M-73.3% | $3.08M-74.8% | $3.44M-58.4% | $11.03M-35.2% | $12.09M-15.7% | |
| NJNG | $5.58M-28.5% | $2.3M-78.6% | $5.48M+10.2% | $1.64M-12.7% | $7.8M+57.0% | |
| Derivative Liability, Including Not Subject to Master Netting Arrangement, after Offset and Deduction by Business | ||||||
| ES | $5.2M+39.0% | $7.09M-43.8% | $5.73M-36.5% | $2.01M-69.4% | $3.74M-59.6% | |
| NJNG | $0-100% | $99K-96.7% | $1K-99.8% | $7K+600% | $29K+1,350% | |
| Contract with Customer, Liability by Business | ||||||
| CEV | $0— | $0— | $0— | $0— | $0— | |
| ES | $0— | $0— | $0— | $0— | $0— | |
| NJNG | $22.92M+0.4% | $40.2M-5.6% | $31.26M-19.0% | $23.81M-17.5% | $22.82M-8.2% | |
| S&T | $29K+3.6% | $45K+105% | $40K+73.9% | $75K+257% | $28K+55.6% | |
| Fair Value by Business | ||||||
| ES | $13.35M-43.1% | $14.75M-35.1% | $11.9M-30.8% | $12.76M-34.7% | $23.46M-4.2% | |
| NJNG | $31K-24.4% | $116K-96.2% | $6K-99.0% | $23K-62.3% | $41K0.0% | |
| Derivatives, at fair value by Business | ||||||
| ES | $6.47M-47.7% | $744K-73.7% | $8.43M+64.2% | $5.4M+76.9% | $12.36M+8.5% | |
| NJNG | $0-100% | $0-100% | $0— | $16K-73.3% | $41K+17.1% | |
| Natural gas in storage, at average cost by Business | ||||||
| ES | $16.79M-41.4% | $30.17M-0.5% | $30.69M+43.5% | $36.53M+57.9% | $28.67M+40.1% | |
| NJNG | $42.49M-39.9% | $159.36M-1.4% | $184.1M+3.6% | $131.1M+20.2% | $70.7M+16.8% | |
| S&T | $1.26M+712% | $1.59M+1,202% | $1.05M+1,042% | $528K— | $155K— | |
| Derivative Asset, Subject to Master Netting Arrangement, before Offset by Business | ||||||
| ES | $11.17M-67.8% | $14.31M+111% | $14.45M+90.2% | $13.26M+134% | $34.72M+154% | |
| NJNG | $80K-46.3% | $39K-76.9% | $380K+1,710% | $271K+235% | $149K-88.3% | |
| Derivative Asset, Subject to Master Netting Arrangement, Liability Offset by Business | ||||||
| ES | $5.94M-48.4% | $5.48M+55.0% | $4.15M+58.9% | $6.6M+174% | $11.5M+115% | |
| NJNG | $0-100% | $5K-50.0% | $5K-61.5% | $16K— | $12K-69.2% | |
| Derivative Liability, Subject to Master Netting Arrangement, Asset Offset by Business | ||||||
| ES | $5.94M-48.4% | $5.48M+55.0% | $4.15M+58.9% | $6.6M+174% | $11.5M+115% | |
| NJNG | $0-100% | $5K-50.0% | $5K-61.5% | $16K— | $12K-69.2% | |
| Natural Gas in Storage, Bcf by Business | ||||||
| ES | 5.2M-34.2% | 9.5M-25.2% | 13.2M+0.8% | 13.7M-2.1% | 7.9M-30.1% | |
| NJNG | 6.8M-32.0% | 24.6M-2.8% | 30.8M0.0% | 22.7M+8.6% | 10M+8.7% | |
| S&T | 400K— | 500K+400% | 300K— | 200K— | 0— | |
| Derivative Asset, Collateral or Equivalent by Business | ||||||
| ES | $1.11M— | $2.36M— | $3.95M+238% | $0— | $0-100% | |
| NJNG | $0-100% | $0— | $0— | $137K— | $61K— | |
| Derivative Liability, Collateral or Equivalent by Business | ||||||
| ES | $2.21M-73.0% | $2.18M-66.8% | $2.02M-63.6% | $4.15M-60.7% | $8.21M-16.8% | |
| NJNG | $31K— | $12K— | $0-100% | $0-100% | $0— | |
| Revenues from contracts with customers by Product | ||||||
| Electricity sales | $5.5M+10.8% | $5.62M-3.6% | $9.56M-5.1% | $6.89M-28.1% | $4.97M-24.2% | |
| Installations and maintenance | $5.43M-7.1% | $6.55M-0.2% | $6.36M-13.9% | $6.8M-6.8% | $5.85M+0.2% | |
| Natural gas services | $42.93M+15.4% | $40.92M+6.1% | $39.36M-72.0% | $38.94M-4.3% | $37.2M-5.1% | |
| Natural gas utility sales | $574.82M+12.8% | $374.86M+26.5% | $117.01M+24.2% | $168.14M+21.1% | $509.45M+37.3% | |
| Renewable energy certificates | $3.38M+17.9% | $3.74M+29.0% | $6.85M+39.3% | $4.96M+1.9% | $2.87M+7.3% | |
| Service contracts | $9.53M+2.8% | $9.46M+2.4% | $9.44M+3.1% | $9.38M+3.5% | $9.27M+2.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does New Jersey Resources break its business down?
- New Jersey Resources (NJR) reports operating revenues attributable to reportable segments by business across 5 parts — CEV, ES, HSO, NJNG and S&T. Each is extracted from the segment footnotes and tracked over time.
- Where does New Jersey Resources's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in New Jersey Resources's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
