New Jersey Resources (NJR) Debt to Equity (2009 - 2026)

New Jersey Resources (NJR) posted Debt to Equity of $1.3 for Q1 2026, down 2.42% quarter-over-quarter from $1.33 in Q4 2025, and up 4.2% year-on-year from $1.24 in Q1 2025.

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

New Jersey Resources (NJR) has reported Debt to Equity for 18 consecutive years, with $1.3 the latest figure, recorded in Q1 2026.

  • Debt to Equity for Q1 2026 came in at $1.3, up 4.2% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 (up 4.2% YoY), and the FY2025 annual result was $1.43, up 2.2% from the prior year.
  • Debt to Equity was $1.3 for Q1 2026 at New Jersey Resources, down from $1.33 in the prior quarter.
  • Over five years, Debt to Equity peaked at $1.6 in Q3 2022 and troughed at $0.03 in Q4 2022.
  • Average Debt to Equity over 5 years is $1.14, with a median of $1.33 recorded in 2025.
  • The widest YoY moves for Debt to Equity: up 10089.44% in 2022, down 98.14% in 2022.
  • Over 5 years, Debt to Equity stood at $0.03 in 2022, then surged by 5130.52% to $1.33 in 2023, then fell by 2.52% to $1.3 in 2024, then advanced by 2.26% to $1.33 in 2025, then dropped by 2.42% to $1.3 in 2026.
  • Per Business Quant data, the three most recent Debt to Equity figures were $1.3 in Q1 2026, $1.33 in Q4 2025, and $1.43 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - 0.64
2 Nisource 22.46 Bn 24.65 Bn 1.83 Bn 1.40
3 Ugi 7.39 Bn 6.84 Bn 1.50 Bn 1.25
4 New Jersey Resources 5.67 Bn 5.53 Bn 826.91 Mn 1.30
5 Black Hills 5.61 Bn 5.58 Bn - 1.05
6 ONE Gas 4.80 Bn 4.77 Bn 438.14 Mn 0.68
7 Mdu Resources 4.26 Bn 4.20 Bn - 0.89
8 Chesapeake Utilities 2.94 Bn 2.94 Bn 102.40 Mn 0.12
9 Centuri Holdings 2.87 Bn 2.82 Bn 35.76 Mn 0.74
10 Rgc Resources 248.35 Mn 244.36 Mn 39.84 Mn 86,320.31

Historic Data

Download Data
DateValue
Mar 31, 2026 1.30
Dec 31, 2025 1.33
Sep 30, 2025 1.43
Jun 30, 2025 1.25
Mar 31, 2025 1.24
Dec 31, 2024 1.30
Sep 30, 2024 1.39
Jun 30, 2024 1.42
Mar 31, 2024 1.34
Dec 31, 2023 1.33
Sep 30, 2023 1.45
Jun 30, 2023 1.44
Mar 31, 2023 0.09
Dec 31, 2022 0.03
Sep 30, 2022 1.60
Jun 30, 2022 0.21
Mar 31, 2022 1.31
Dec 31, 2021 1.37
Sep 30, 2021 0.05
Jun 30, 2021 1.34