New Jersey Resources (NJR) Debt Ratio (2009 - 2026)

New Jersey Resources (NJR) reported Debt Ratio of 0.43 for Q1 2026, up 1.88% on a YoY basis from 0.42 in Q1 2025, and up 4.05% quarter-over-quarter from 0.42 in Q4 2025.

New Jersey Resources (NJR) Debt Ratio (2009 - 2026) Analysis & Trends

New Jersey Resources has reported Debt Ratio for 18 years, with the latest figure at 0.43 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio rose 1.88% year-over-year to 0.43; the trailing twelve-month figure through Mar 2026 stood at 0.43 (up 1.88% YoY), and the FY2025 full-year result was 0.45, up 2.33% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.43, up from 0.42 in the prior quarter.
  • The five-year high for Debt Ratio was 0.46 in Q3 2022, with the low at 0.01 in Q4 2022.
  • Historically, Debt Ratio has averaged 0.36 across 5 years, with a median of 0.42 in 2025.
  • The largest YoY upside for Debt Ratio was 9123.14% in 2022 against a maximum downside of 98.11% in 2022.
  • New Jersey Resources' Debt Ratio stood at 0.01 in 2022, then surged by 5404.9% to 0.41 in 2023, then rose by 2.36% to 0.42 in 2024, then declined by 0.53% to 0.42 in 2025, then gained by 4.05% to 0.43 in 2026.
  • The last three Debt Ratio figures came in at 0.43 (Q1 2026), 0.42 (Q4 2025), and 0.45 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Atmos Energy 28.34 Bn 28.21 Bn - 0.31
2 Nisource 22.33 Bn 24.52 Bn 1.83 Bn 0.46
3 Ugi 7.49 Bn 6.94 Bn 1.50 Bn 0.42
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn 0.43
5 Black Hills 5.49 Bn 5.46 Bn - 0.39
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn 0.27
7 Mdu Resources 4.39 Bn 4.33 Bn - 0.34
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn 0.28
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn 0.05
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn 0.00

Historic Data

Download Data
DateValue
Mar 31, 2026 0.43
Dec 31, 2025 0.42
Sep 30, 2025 0.45
Jun 30, 2025 0.42
Mar 31, 2025 0.42
Dec 31, 2024 0.42
Sep 30, 2024 0.44
Jun 30, 2024 0.45
Mar 31, 2024 0.44
Dec 31, 2023 0.41
Sep 30, 2023 0.44
Jun 30, 2023 0.46
Mar 31, 2023 0.03
Dec 31, 2022 0.01
Sep 30, 2022 0.46
Jun 30, 2022 0.06
Mar 31, 2022 0.40
Dec 31, 2021 0.39
Sep 30, 2021 0.02
Jun 30, 2021 0.42