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
DateValue
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