New Jersey Resources (NJR) Debt to Equity (2009 - 2026)
New Jersey Resources (NJR) reported Debt to Equity of $1.3 for Q1 2026, up 4.2% on a YoY basis from $1.24 in Q1 2025, and down 2.42% quarter-over-quarter from $1.33 in Q4 2025.
New Jersey Resources (NJR) Debt to Equity (2009 - 2026) Analysis & Trends
New Jersey Resources has reported Debt to Equity for 18 years, with the latest figure at $1.3 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity rose 4.2% year-over-year to $1.3; the trailing twelve-month figure through Mar 2026 stood at $1.3 (up 4.2% YoY), and the FY2025 full-year result was $1.43, up 2.2% from the prior year.
- Debt to Equity for Q1 2026 stood at $1.3, down from $1.33 in the prior quarter.
- The five-year high for Debt to Equity was $1.6 in Q3 2022, with the low at $0.03 in Q4 2022.
- Historically, Debt to Equity has averaged $1.14 across 5 years, with a median of $1.33 in 2025.
- The largest YoY upside for Debt to Equity was 10089.44% in 2022 against a maximum downside of 98.14% in 2022.
- New Jersey Resources' Debt to Equity stood at $0.03 in 2022, then surged by 5130.52% to $1.33 in 2023, then slipped by 2.52% to $1.3 in 2024, then increased by 2.26% to $1.33 in 2025, then retreated by 2.42% to $1.3 in 2026.
- The last three Debt to Equity figures came in at $1.3 (Q1 2026), $1.33 (Q4 2025), and $1.43 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 0.64 |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 1.40 |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 1.25 |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 1.30 |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 1.05 |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 0.68 |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 0.89 |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 0.74 |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 0.12 |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |