New Jersey Resources (NJR) Asset Utilization Ratio (2010 - 2026)
New Jersey Resources' (NJR) Asset Utilization Ratio stood at 0.28 in fiscal Q3 2026 (quarter ended Jun 30, 2026), down 3.1% from 0.29 a year earlier but up 1.5% from the prior quarter.
New Jersey Resources (NJR) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Starting with fiscal Q4 2010, New Jersey Resources' Asset Utilization Ratio history includes 62 quarters.
- Across earlier fiscal years, Asset Utilization Ratio came in at 0.27 in FY2024 (-13.4%), 0.31 in FY2023 (-36.8%), 0.48 in FY2022 (+24.1%) and 0.39 in FY2021 (-5.3%).
- Quarterly Asset Utilization Ratio has ranged from 0.26 in fiscal Q1 2025 to 0.47 in fiscal Q4 2022 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio rose in four of the last eight quarters, with growth averaging 1.9%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 21.4% in fiscal Q1 2022, against a decline of 44.0% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.27 (Q2 2026), 0.28 (Q1 2026) and 0.27 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 0.92 |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 0.15 |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 0.17 |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 0.19 |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 0.17 |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 0.16 |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 0.16 |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 0.15 |
| 10 | New Jersey Resources | 5.13 Bn | 4.97 Bn | 200.82 Mn | 0.28 |
Historic 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 |
New Jersey Resources Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NJR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NJR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NJR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();