New Jersey Resources (NJR) Construction in Progress (2011 - 2026)

New Jersey Resources (NJR) reported Construction in Progress of $278.0 million for Q1 2026, up 11.06% on a YoY basis from $250.3 million in Q1 2025, and up 27.89% quarter-over-quarter from $217.4 million in Q4 2025.

New Jersey Resources (NJR) Construction in Progress (2011 - 2026) Analysis & Trends

New Jersey Resources has reported Construction in Progress for 16 years, with the latest figure at $278.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Construction in Progress rose 11.06% year-over-year to $278.0 million; the trailing twelve-month figure through Mar 2026 stood at $278.0 million (up 11.06% YoY), and the FY2025 full-year result was $151.4 million, down 26.81% from the prior year.
  • Construction in Progress for Q1 2026 stood at $278.0 million, up from $217.4 million in the prior quarter.
  • The five-year high for Construction in Progress was $511.4 million in Q1 2022, with the low at $121.7 million in Q1 2023.
  • Historically, Construction in Progress has averaged $227.1 million across 5 years, with a median of $206.0 million in 2024.
  • Annual changes were most pronounced in 2022 — Construction in Progress soared 122.4% — and 2023, when it sank 76.19%.
  • New Jersey Resources' Construction in Progress stood at $199.3 million in 2022, then fell by 22.97% to $153.5 million in 2023, then jumped by 43.22% to $219.9 million in 2024, then fell by 1.14% to $217.4 million in 2025, then climbed by 27.89% to $278.0 million in 2026.
  • The last three Construction in Progress figures came in at $278.0 million (Q1 2026), $217.4 million (Q4 2025), and $151.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (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 278.05 Mn
5 Black Hills 5.49 Bn 5.46 Bn - -
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 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 320.50 Mn
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 278.05 Mn
Dec 31, 2025 217.41 Mn
Sep 30, 2025 151.40 Mn
Jun 30, 2025 255.67 Mn
Mar 31, 2025 250.35 Mn
Dec 31, 2024 219.91 Mn
Sep 30, 2024 206.87 Mn
Jun 30, 2024 205.98 Mn
Mar 31, 2024 171.40 Mn
Dec 31, 2023 153.54 Mn
Sep 30, 2023 142.77 Mn
Jun 30, 2023 126.92 Mn
Mar 31, 2023 121.73 Mn
Dec 31, 2022 199.33 Mn
Sep 30, 2022 199.68 Mn
Jun 30, 2022 447.96 Mn
Mar 31, 2022 511.35 Mn
Dec 31, 2021 452.69 Mn
Sep 30, 2021 365.35 Mn
Jun 30, 2021 267.10 Mn