New Jersey Resources (NJR) Debt Ratio (2009 - 2026)
New Jersey Resources' (NJR) Debt Ratio was 0.46 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 0.8% from 0.47 a year earlier but up 1.9% from the prior quarter.
New Jersey Resources (NJR) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Debt Ratio at New Jersey Resources was 0.48, down 1.2% from FY2024.
- By fiscal year, Debt Ratio came in at 0.48 in FY2024 (+0.3%), 0.48 in FY2023 (+0.7%), 0.48 in FY2022 (+4.4%) and 0.46 in FY2021 (+0.6%).
- Five-year quarterly Debt Ratio spans a low of 0.45 in fiscal Q2 2025 and a high of 0.49 in fiscal Q1 2023.
- Year over year, Debt Ratio gained in three of the last eight quarters, with an average decline of 0.7%.
- The high point for year-over-year Debt Ratio in five years was fiscal Q2 2022 (growth of 6.5%); the low point was fiscal Q2 2025 (a decline of 3.4%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 0.45 (Q2 2026), 0.48 (Q1 2026) and 0.48 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | -0.04 |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 0.44 |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 0.45 |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 0.43 |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 0.43 |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 0.46 |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 0.32 |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 0.44 |
| 10 | New Jersey Resources | 5.13 Bn | 4.97 Bn | 200.82 Mn | 0.46 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.46 |
| Mar 31, 2026 | 0.45 |
| Dec 31, 2025 | 0.48 |
| Sep 30, 2025 | 0.48 |
| Jun 30, 2025 | 0.47 |
| Mar 31, 2025 | 0.45 |
| Dec 31, 2024 | 0.48 |
| Sep 30, 2024 | 0.48 |
| Jun 30, 2024 | 0.48 |
| Mar 31, 2024 | 0.46 |
| Dec 31, 2023 | 0.48 |
| Sep 30, 2023 | 0.48 |
| Jun 30, 2023 | 0.48 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | 0.49 |
| Sep 30, 2022 | 0.48 |
| Jun 30, 2022 | 0.47 |
| Mar 31, 2022 | 0.45 |
| Dec 31, 2021 | 0.47 |
| Sep 30, 2021 | 0.46 |
New Jersey Resources Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=NJR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "NJR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=NJR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();