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| Date | Value |
|---|---|
| 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 |