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NJR NEW JERSEY RESOURCES CORP

Trailing twelve months to 2026-06-30 · as filed 2026-08-04, not restated
Energy

Scale

Market cap
$5.4bn
Revenue TTM
$1.5bn
Net income TTM
$366m
Free cash flow
Composite score
69.8
Sector rank
#1031

Valuation

P / E
14.9
EV / EBITDA
7.5
EV / sales
3.7
FCF yield
Earnings yield vs 10-yr
2.00pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
23.9%
EBITDA margin
49.3%
ROE
13.8%
ROIC
19.5%
Revenue growth
7.0%

Insider activity, last 90 days

Net open-market
$-0.17m
Buyers
0
Sellers
1

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

On June 1, 2026, NJNG filed a base rate case with the BPU requesting a natural gas revenue increase of $157.6M including a recovery of infrastructure investments, a change in the Company's overall rate of return on rate base to 7.60% and a change in the return on common equity to 10.10%. On December 17, 2025, the BPU approved NJNG's final IIP filing, which requested a rate increase for capital expenditures of approximately $33.1M through October 31, 2025, resulting in a revenue increase of approximately $3.3M, effective January 1, 2026. …NEW JERSEY RESOURCES CORP, 10-Q, period ended 2026-06-30, filed 2026-08-04

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