New Jersey Resources (NJR) Construction in Progress (2011 - 2026)
New Jersey Resources' (NJR) quarterly Construction in Progress came in at $216.6 million in Q2 2026, down 15.28% on a YoY basis from $255.7 million in Q2 2025, and down 22.1% quarter-over-quarter from $278.0 million in Q1 2026.
Analysis
New Jersey Resources (NJR) Construction in Progress (2011 - 2026) Analysis & Trends
New Jersey Resources (NJR) has reported Construction in Progress for 16 consecutive years, with $216.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Construction in Progress fell 15.28% year-over-year to $216.6 million; the trailing twelve-month figure through Jun 2026 stood at $216.6 million (down 15.28% YoY), and the FY2025 full-year result was $151.4 million, down 26.81% from the prior year.
- Construction in Progress eased to $216.6 million in Q2 2026 per NJR's latest filing, from $278.0 million in the prior quarter.
- Across five years, Construction in Progress topped out at $511.4 million in Q1 2022 and bottomed at $121.7 million in Q1 2023.
- Historically, Construction in Progress has averaged $226.5 million across 5 years, with a median of $206.4 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Construction in Progress jumped 122.4% in 2022, then slumped 76.19% in 2023.
- Over 5 years, Construction in Progress stood at $199.3 million in 2022, then decreased by 22.97% to $153.5 million in 2023, then soared by 43.22% to $219.9 million in 2024, then decreased by 1.14% to $217.4 million in 2025, then dropped by 0.37% to $216.6 million in 2026.
- According to Business Quant data, Construction in Progress over the past three periods registered $216.6 million, $278.0 million, and $217.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.02 Bn | 27.50 Bn | - | - |
| 2 | Nisource | 19.93 Bn | 19.86 Bn | 867.50 Mn | - |
| 3 | New Jersey Resources | 5.39 Bn | 5.35 Bn | 243.61 Mn | 216.61 Mn |
| 4 | ONE Gas | 4.95 Bn | 4.92 Bn | 272.01 Mn | - |
| 5 | Rgc Resources | 220.42 Mn | 217.40 Mn | 11.98 Mn | 11.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 216.61 Mn |
| 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 |