Growth Metrics

New Jersey Resources (NJR) Debt Ratio (2016 - 2025)

New Jersey Resources' Debt Ratio history spans 17 years, with the latest figure at 0.43 for Q4 2025.

  • For Q4 2025, Debt Ratio fell 6.02% year-over-year to 0.43; the TTM value through Dec 2025 reached 0.43, down 6.02%, while the annual FY2025 figure was 0.43, 2.19% down from the prior year.
  • Debt Ratio reached 0.43 in Q4 2025 per NJR's latest filing, up from 0.43 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.46 in Q3 2022 to a low of 0.0 in Q1 2023.
  • Average Debt Ratio over 5 years is 0.33, with a median of 0.42 recorded in 2025.
  • Peak YoY movement for Debt Ratio: tumbled 98.08% in 2022, then skyrocketed 10954.57% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.39 in 2021, then crashed by 98.08% to 0.01 in 2022, then surged by 5915.85% to 0.45 in 2023, then rose by 3.76% to 0.46 in 2024, then dropped by 6.02% to 0.43 in 2025.
  • Per Business Quant, the three most recent readings for NJR's Debt Ratio are 0.43 (Q4 2025), 0.43 (Q3 2025), and 0.42 (Q2 2025).