Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

New Jersey Resources (NJR) Debt to Equity (2016 - 2026)

New Jersey Resources filings provide 17 years of Debt to Equity readings, the most recent being $1.39 for Q4 2025.

  • On a quarterly basis, Debt to Equity fell 3.39% to $1.39 in Q4 2025 year-over-year; TTM through Dec 2025 was $1.39, a 3.39% decrease, with the full-year FY2025 number at $1.36, down 2.31% from a year prior.
  • Debt to Equity hit $1.39 in Q4 2025 for New Jersey Resources, 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.
  • Median Debt to Equity over the past 5 years was $1.35 (2021), compared with a mean of $1.05.
  • Biggest five-year swings in Debt to Equity: tumbled 98.1% in 2022 and later surged 10615.88% in 2024.
  • New Jersey Resources' Debt to Equity 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.
  • The last three reported values for Debt to Equity were $1.39 (Q4 2025), $1.36 (Q3 2025), and $1.25 (Q2 2025) per Business Quant data.