Growth Metrics

New Jersey Resources (NJR) Debt to Equity (2016 - 2025)

New Jersey Resources' Debt to Equity history spans 17 years, with the latest figure at $1.39 for Q4 2025.

  • For Q4 2025, Debt to Equity fell 3.39% year-over-year to $1.39; the TTM value through Dec 2025 reached $1.39, down 3.39%, while the annual FY2025 figure was $1.36, 2.31% down from the prior year.
  • Debt to Equity reached $1.39 in Q4 2025 per NJR's latest filing, up from $1.36 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $1.6 in Q3 2022 to a low of $0.01 in Q1 2023.
  • Average Debt to Equity over 5 years is $1.05, with a median of $1.35 recorded in 2021.
  • Peak YoY movement for Debt to Equity: plummeted 98.1% in 2022, then skyrocketed 10615.88% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $1.34 in 2021, then tumbled by 98.1% to $0.03 in 2022, then soared by 5616.01% to $1.46 in 2023, then dropped by 1.19% to $1.44 in 2024, then decreased by 3.39% to $1.39 in 2025.
  • Per Business Quant, the three most recent readings for NJR's Debt to Equity are $1.39 (Q4 2025), $1.36 (Q3 2025), and $1.25 (Q2 2025).