New Jersey Resources (NJR) Asset Utilization Ratio (2010 - 2026)
New Jersey Resources' (NJR) quarterly Asset Utilization Ratio came in at 0.27 in Q1 2026, down 4.08% YoY from 0.29 in Q1 2025, and down 1.1% on a QoQ basis from 0.28 in Q4 2025.
New Jersey Resources (NJR) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
New Jersey Resources (NJR) has 17 years of Asset Utilization Ratio data on file, last reported at 0.27 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 4.08% year-over-year to 0.27 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.27 (down 4.08% YoY) and the FY2025 annual result came in at 0.28, up 5.25% from the prior year.
- Asset Utilization Ratio retreated to 0.27 in Q1 2026, from 0.28 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.47 in Q3 2022 to a low of 0.26 in Q4 2024.
- A 5-year average of 0.33 and a median of 0.29 in 2025 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio climbed 20.73% — and 2023, when it slumped 44.03%.
- Tracing NJR's Asset Utilization Ratio over 5 years: stood at 0.46 in 2022, then tumbled by 44.03% to 0.26 in 2023, then retreated by 0.17% to 0.26 in 2024, then rose by 8.43% to 0.28 in 2025, then dropped by 1.1% to 0.27 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.27 (Q1 2026), 0.28 (Q4 2025), and 0.27 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.91 Bn | 28.38 Bn | - | 0.16 |
| 2 | Nisource | 20.11 Bn | 20.04 Bn | 867.50 Mn | 0.31 |
| 3 | Ugi | 8.18 Bn | 7.70 Bn | 573.00 Mn | 0.46 |
| 4 | Black Hills | 5.62 Bn | 5.54 Bn | - | 0.21 |
| 5 | New Jersey Resources | 5.56 Bn | 5.52 Bn | 243.61 Mn | 0.28 |
| 6 | ONE Gas | 5.16 Bn | 5.13 Bn | 272.01 Mn | 0.26 |
| 7 | Mdu Resources | 4.30 Bn | 4.25 Bn | - | 0.24 |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn | 0.24 |
| 9 | Centuri Holdings | 2.20 Bn | 2.16 Bn | 69.14 Mn | 1.44 |
| 10 | Brookfield Infrastructure | 2.20 Bn | 1.43 Bn | 572.00 Mn | 0.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.29 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.26 |
| Sep 30, 2024 | 0.26 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.31 |
| Jun 30, 2023 | 0.38 |
| Mar 31, 2023 | 0.42 |
| Dec 31, 2022 | 0.46 |
| Sep 30, 2022 | 0.47 |
| Jun 30, 2022 | 0.44 |
| Mar 31, 2022 | 0.42 |
| Dec 31, 2021 | 0.41 |
| Sep 30, 2021 | 0.39 |