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New Jersey Resources NJR Regulatory assets

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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 us-gaap:RegulatoryAssetsCurrent.

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 regulatory assets?
New Jersey Resources (NJR) reported regulatory assets of $31.95M in Q1 2026.
How has New Jersey Resources's regulatory assets changed year-over-year?
New Jersey Resources's regulatory assets decreased by 8.3% year-over-year, from $34.84M to $31.95M.
What is the long-term trend for New Jersey Resources's regulatory assets?
Over 5 years (2020 to 2025), New Jersey Resources's regulatory assets has grown at a 6.0% compound annual growth rate (CAGR), from $36.53M to $48.9M.
What does regulatory assets mean?
Costs that have been deferred and are expected to be recovered from ratepayers in future periods as authorized by regulatory commissions. These assets represent expenditures that would otherwise be expensed currently but are treated as assets due to the regulatory environment. They are critical for understanding the utility's future cash flow recovery and regulatory standing.