New Jersey Resources (NJR) Asset Utilization Ratio (2010 - 2026)
New Jersey Resources (NJR) reported Asset Utilization Ratio of 0.27 for Q1 2026, down 4.08% on a YoY basis from 0.29 in Q1 2025, and down 1.1% quarter-over-quarter from 0.28 in Q4 2025.
New Jersey Resources (NJR) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
New Jersey Resources has reported Asset Utilization Ratio for 17 years, with the latest figure at 0.27 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 4.08% year-over-year to 0.27; the trailing twelve-month figure through Mar 2026 stood at 0.27 (down 4.08% YoY), and the FY2025 full-year result was 0.28, up 5.25% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.27, down from 0.28 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.47 in Q3 2022, with the low at 0.26 in Q4 2024.
- Historically, Asset Utilization Ratio has averaged 0.33 across 5 years, with a median of 0.29 in 2025.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio climbed 20.73% — and 2023, when it slumped 44.03%.
- New Jersey Resources' Asset Utilization Ratio 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 | 28.34 Bn | 28.21 Bn | - | 0.16 |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 0.31 |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 0.46 |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 0.27 |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 0.21 |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 0.26 |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 0.24 |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 1.33 |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 0.26 |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | 0.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.37 |