New Jersey Resources (NJR) Change in Inventory (2009 - 2026)

New Jersey Resources (NJR) reported Change in Inventory of -$130.5 million for Q1 2026, down 44.52% on a YoY basis from -$235.2 million in Q1 2025, and down 469.43% quarter-over-quarter from -$22.9 million in Q4 2025.

New Jersey Resources (NJR) Change in Inventory (2009 - 2026) Analysis & Trends

New Jersey Resources has reported Change in Inventory for 18 years, with the latest figure at -$130.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory fell 44.52% year-over-year to -$130.5 million; the trailing twelve-month figure through Mar 2026 stood at -$36.2 million (down 218.05% YoY), and the FY2025 full-year result was $21.6 million, up 95.26% from the prior year.
  • Change in Inventory for Q1 2026 stood at -$130.5 million, down from -$22.9 million in the prior quarter.
  • The five-year high for Change in Inventory was $137.7 million in Q2 2022, with the low at -$173.9 million in Q1 2022.
  • Historically, Change in Inventory has averaged -$9.2 million across 5 years, with a median of -$1.9 million in 2023.
  • Annual changes were most pronounced in 2022 — Change in Inventory soared 166.86% — and 2025, when it sank 336.84%.
  • New Jersey Resources' Change in Inventory stood at -$18.0 million in 2022, then soared by 89.16% to -$1.9 million in 2023, then plunged by 169.35% to -$5.2 million in 2024, then slumped by 336.84% to -$22.9 million in 2025, then tumbled by 469.43% to -$130.5 million in 2026.
  • The last three Change in Inventory figures came in at -$130.5 million (Q1 2026), -$22.9 million (Q4 2025), and $48.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Atmos Energy 28.34 Bn 28.21 Bn - -
2 Nisource 22.33 Bn 24.52 Bn 1.83 Bn -
3 Ugi 7.49 Bn 6.94 Bn 1.50 Bn -57.00 Mn
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn -130.52 Mn
5 Black Hills 5.49 Bn 5.46 Bn - -24.50 Mn
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn -52.53 Mn
7 Mdu Resources 4.39 Bn 4.33 Bn - -19.30 Mn
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn -
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn -5.20 Mn
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -130.52 Mn
Mar 31, 2026 -130.52 Mn
Dec 31, 2025 -22.92 Mn
Dec 31, 2025 -22.92 Mn
Sep 30, 2025 48.09 Mn
Sep 30, 2025 48.09 Mn
Jun 30, 2025 69.12 Mn
Jun 30, 2025 69.12 Mn
Mar 31, 2025 -90.31 Mn
Mar 31, 2025 -90.31 Mn
Dec 31, 2024 -5.25 Mn
Dec 31, 2024 -5.25 Mn
Sep 30, 2024 73.73 Mn
Sep 30, 2024 73.73 Mn
Jun 30, 2024 52.52 Mn
Jun 30, 2024 52.52 Mn
Mar 31, 2024 -113.22 Mn
Mar 31, 2024 -113.22 Mn
Dec 31, 2023 -1.95 Mn
Dec 31, 2023 -1.95 Mn