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

New Jersey Resources (NJR) reported Change in Taxes of $24.9 million for Q1 2026, down 54.88% on a YoY basis from $55.1 million in Q1 2025, and down 29.72% quarter-over-quarter from $35.4 million in Q4 2025.

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

New Jersey Resources has reported Change in Taxes for 18 years, with the latest figure at $24.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Change in Taxes fell 54.88% year-over-year to $24.9 million; the trailing twelve-month figure through Mar 2026 stood at -$30.8 million (down 181.24% YoY), and the FY2025 full-year result was $1.1 million, up 104.47% from the prior year.
  • Change in Taxes for Q1 2026 stood at $24.9 million, down from $35.4 million in the prior quarter.
  • The five-year high for Change in Taxes was $55.1 million in Q1 2025, with the low at -$68.0 million in Q2 2025.
  • Historically, Change in Taxes has averaged $1.3 million across 5 years, with a median of $9.8 million in 2024.
  • Annual changes were most pronounced in 2022 — Change in Taxes plunged 635.67% — and 2025, when it surged 462.14%.
  • New Jersey Resources' Change in Taxes stood at $39.3 million in 2022, then plunged by 46.83% to $20.9 million in 2023, then surged by 77.12% to $37.0 million in 2024, then declined by 4.33% to $35.4 million in 2025, then slipped by 29.72% to $24.9 million in 2026.
  • The last three Change in Taxes figures came in at $24.9 million (Q1 2026), $35.4 million (Q4 2025), and -$23.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (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 -
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn 24.88 Mn
5 Black Hills 5.49 Bn 5.46 Bn - -
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn -4.30 Mn
7 Mdu Resources 4.39 Bn 4.33 Bn - -
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn -
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn -5.00 Mn
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 24.88 Mn
Mar 31, 2026 24.88 Mn
Dec 31, 2025 35.41 Mn
Dec 31, 2025 35.41 Mn
Sep 30, 2025 -23.06 Mn
Sep 30, 2025 -23.06 Mn
Jun 30, 2025 -68.05 Mn
Jun 30, 2025 -68.05 Mn
Mar 31, 2025 55.15 Mn
Mar 31, 2025 55.15 Mn
Dec 31, 2024 37.01 Mn
Dec 31, 2024 37.01 Mn
Sep 30, 2024 -10.21 Mn
Sep 30, 2024 -10.21 Mn
Jun 30, 2024 -44.02 Mn
Jun 30, 2024 -44.02 Mn
Mar 31, 2024 9.81 Mn
Mar 31, 2024 9.81 Mn
Dec 31, 2023 20.90 Mn
Dec 31, 2023 20.90 Mn