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New Jersey Resources NJR Business Segments

FY'25FY'24FY'23FY'22
Operating revenues attributable to reportable segments by Business
CEV$112.5M-13.8%$130.56M+5.2%$124.13M-3.2%$128.28M+34.6%
ES$453.46M-7.5%$490.27M-28.1%$681.45M-55.4%$1.53B+24.4%
HSO$62.59M+0.3%$62.38M+8.6%$57.43M+2.9%$55.82M+8.5%
NJNG$1.3B+27.8%$1.02B+0.7%$1.01B-10.3%$1.13B+54.1%
S&T$106.37M+12.1%$94.85M+6.9%$88.7M+35.9%$65.29M+32.6%
Revenues from contracts with customers by Business
CEV$44.82M-6.7%$48.02M+8.2%$44.37M+1.3%$43.8M+46.8%
ES$47.65M-71.0%$164.17M+113%$76.98M-8.1%$83.8M+211%
HSO$62.59M+0.3%$62.38M+8.6%$57.43M+2.9%$55.82M+8.5%
NJNG$1.09B+26.7%$860.53M+2.0%$844.04M-11.2%$950.28M+36.8%
S&T$106.37M+12.1%$94.85M+6.9%$88.7M+35.9%$65.29M+32.6%
Revenues out of scope by Business
CEV$67.69M-18.0%$82.54M+3.5%$79.76M-5.6%$84.48M+29.1%
ES$405.8M+24.4%$326.1M-46.1%$604.47M-58.2%$1.45B+20.3%
HSO$0$0$0$0
NJNG$211.62M+34.0%$157.95M-5.6%$167.24M-5.6%$177.14M+377%
S&T$0$0$0$0
Alternative revenue programs by Business
CEV$0$0$0$0
ES$0$0$0$0
HSO$0$0$0$0
NJNG-$28.75M$29.02M+158%$11.26M+255%
S&T$0$0$0$0
Unbilled revenues by Business
CEV$25.51M-0.2%$25.56M
ES$0$0
NJNG$211.5M+16.5%$181.48M
S&T$0$0
Billed by Business
CEV$31.11M-5.5%$32.92M
ES$127.2M+3.3%$123.12M
NJNG$556.14M+42.2%$390.99M
S&T$34.96M+9.7%$31.88M
Interest Income by Business
CEV$685K$0$0$0-100%
ES$157K-65.3%$452K-59.6%$1.12M+6,894%$16K+45.5%
NJNG$2.55M+4.2%$2.45M+42.9%$1.71M+91.4%$895K+953%
S&T$9.15M-10.1%$10.17M+46.2%$6.96M+230%$2.11M-5.9%
Income tax provision by Business
CEV$18.21M+59.7%$11.41M$11.36M+125%
NJNG$63.98M+88.2%$34M$40.14M+111%
S&T$5.99M+31.5%$4.55M+32.1%$3.44M+83.3%$1.88M+119%
Total Assets by Business
CEV$4.76B+3.8%$4.58B
ES$490.32M+5.4%$465.26M
NJNG$20.34B+9.8%$18.52B
S&T$4.11B+1.1%$4.07B
Contract With Customer, Assets (Liabilities), Net by Business
CEV$56.62M-3.2%$58.49M
ES$127.2M+3.3%$123.12M
NJNG$647.19M+48.9%$434.73M
S&T$34.8M+9.4%$31.8M
Income (Loss) from Equity Method Investments by Business
CEV$0$0$0$0
ES$0$0$0$0
NJNG$0$0$0$0
S&T$3.81M+35.4%$2.82M-9.9%$3.13M-68.3%$9.87M+112%
Interest expense, net of capitalized interest by Business
CEV$26.7M-6.5%$28.55M-0.1%$28.57M+30.0%$21.97M-2.6%
ES$13.1M-14.0%$15.23M+33.6%$11.4M+141%$4.73M+114%
NJNG$69.89M+12.2%$62.29M+10.1%$56.6M+22.0%$46.39M+27.4%
S&T$23.17M-1.2%$23.44M-9.2%$25.8M+113%$12.1M-9.4%
Segment, Expenditure, Addition to Long-Lived Assets by Business
CEV$238.19M+128%$104.29M-2.8%$107.3M-26.8%$146.68M+67.0%
NJNG$437.64M+4.3%$419.45M+7.4%$390.39M+30.8%$298.37M-30.1%
S&T$27.76M-38.8%$45.34M+10.8%$40.92M-73.1%$151.99M+41.4%
D&A by Business
CEV$24.11M-13.5%$27.87M+10.1%$25.32M+18.3%$21.4M+4.0%
ES$187K-8.8%$205K-7.2%$221K+49.3%$148K+33.3%
NJNG$140.37M+24.8%$112.49M+9.9%$102.33M+8.2%$94.58M+18.2%
S&T$23.01M-7.6%$24.9M+3.0%$24.19M+96.6%$12.3M+23.5%
Notional amount by Business
ES$5.5-$6.9-356%$2.7
Derivative instruments by Business
CEV$67.69M-18.0%$82.54M+3.5%$79.76M-5.6%$84.48M+29.1%
ES$405.8M+26.3%$321.23M-47.7%$614.64M-57.5%$1.45B+20.3%
HSO$0$0$0$0
NJNG$240.36M+53.2%$156.86M+12.1%$139.98M-15.6%$165.88M+273%
S&T$0$0$0$0
Amount of gain (loss) recognized in income on derivatives by Business
ES$12.41M+2.8%$12.07M-86.3%$88.2M+512%$14.4M+133%
NJNG-$7.45M-202%$7.33M+109%-$84.37M-311%$39.98M+14.6%
Derivative Asset, Including Not Subject to Master Netting Arrangement, after Offset and Deduction by Business
ES$39.47M+114%$18.44M
NJNG$728K-92.6%$9.88M
Other Receivable from Broker-Dealer and Clearing Organization by Business
ES$38.8M-26.5%$52.79M
NJNG$25.69M+42.8%$17.99M
Derivative Liability, Including Not Subject to Master Netting Arrangement, after Offset and Deduction by Business
ES$24.09M-40.2%$40.3M
NJNG$3.08M+135%$1.31M
Contract with Customer, Liability by Business
CEV$0$0
ES$0$0
NJNG$120.45M-12.5%$137.74M
S&T$165K+114%$77K
Fair Value by Business
ES$70.84M-12.2%$80.68M
NJNG$3.13M+68.6%$1.85M
Derivatives, at fair value by Business
ES$29.01M-27.0%$39.74M
NJNG$2.38M-73.4%$8.97M
Natural gas in storage, at average cost by Business
ES$126.19M+21.2%$104.14M
NJNG$547.51M+9.1%$501.88M
S&T$1.86M
Derivative Asset, Subject to Master Netting Arrangement, before Offset by Business
ES$69.21M+21.6%$56.92M
NJNG$969K-90.6%$10.36M
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset by Business
ES$25.79M+79.1%$14.4M
NJNG$43K-91.0%$480K
Derivative Liability, Subject to Master Netting Arrangement, Asset Offset by Business
ES$25.79M+79.1%$14.4M
NJNG$43K-91.0%$480K
Natural Gas in Storage, Bcf by Business
ES47.5M-14.4%55.5M
NJNG88.8M+2.8%86.4M
S&T600K
Derivative Asset, Collateral or Equivalent by Business
ES$3.95M-83.6%$24.09M
NJNG$198K$0
Derivative Liability, Collateral or Equivalent by Business
ES$20.96M-19.3%$25.99M
NJNG$0-100%$62K
Revenues from contracts with customers by Product
Electricity sales$27.24M-17.2%$32.91M+3.7%$31.73M-17.2%$38.32M+51.6%
Installations and maintenance$25.56M-3.2%$26.4M+17.7%$22.43M+0.8%$22.25M+17.2%
Natural gas services$154.07M-40.8%$260.37M+53.3%$169.83M+12.1%$151.54M+94.4%
Natural gas utility sales$1.09B+26.6%$861.88M+2.0%$845.39M-11.2%$951.63M+37.0%
Renewable energy certificates$17.58M+16.3%$15.11M+19.6%$12.64M+130%$5.49M+20.0%
Service contracts$37.33M+3.0%$36.23M+2.9%$35.21M+3.8%$33.93M+2.1%

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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.