New Jersey Resources NJR
NYSE NJR
$53.48 -0.52 (-0.96%)
As of: Sep 9, 2026 · 3:59 PM EDT

New Jersey Resources (NJR) Gross Margin (2009 - 2026)

New Jersey Resources' (NJR) quarterly Gross Margin came in at 69.77% in Q2 2026, up 326.0% on a YoY basis from 16.38% in Q2 2025, and down 20.74% quarter-over-quarter from 88.02% in Q1 2026.

Analysis

New Jersey Resources (NJR) Gross Margin (2009 - 2026) Analysis & Trends

New Jersey Resources (NJR) has reported Gross Margin for 18 consecutive years, with 69.77% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 326.0% year-over-year to 69.77%; the trailing twelve-month figure through Jun 2026 stood at 81.37% (down 10.0% YoY), and the FY2025 full-year result was 79.84%, up 181.0% from the prior year.
  • Gross Margin retreated to 69.77% in Q2 2026 per NJR's latest filing, from 88.02% in the prior quarter.
  • Across five years, Gross Margin topped out at 90.6% in Q1 2022 and bottomed at 62.13% in Q2 2024.
  • Historically, Gross Margin has averaged 78.7% across 5 years, with a median of 82.78% in 2024.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 1968 bps in 2023, then jumped 803 bps in 2024.
  • Over 5 years, Gross Margin stood at 89.01% in 2022, then decreased by 10 bps to 79.79% in 2023, then increased by 3 bps to 81.85% in 2024, then rose by 5 bps to 85.67% in 2025, then decreased by 19 bps to 69.77% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 69.77%, 88.02%, and 85.67% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Atmos Energy 28.05 Bn 27.52 Bn - -
2 Nisource 19.98 Bn 19.91 Bn 867.50 Mn 64.62%
3 New Jersey Resources 5.41 Bn 5.37 Bn 243.61 Mn 69.77%
4 ONE Gas 4.97 Bn 4.94 Bn 272.01 Mn 66.08%
5 Rgc Resources 220.42 Mn 217.40 Mn 11.98 Mn 70.06%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 69.77%
Mar 31, 2026 88.02%
Dec 31, 2025 85.67%
Sep 30, 2025 67.06%
Jun 30, 2025 66.50%
Mar 31, 2025 87.84%
Dec 31, 2024 81.85%
Sep 30, 2024 77.61%
Jun 30, 2024 62.13%
Mar 31, 2024 83.70%
Dec 31, 2023 79.79%
Sep 30, 2023 69.59%
Jun 30, 2023 64.32%
Mar 31, 2023 84.61%
Dec 31, 2022 89.01%
Sep 30, 2022 84.49%
Jun 30, 2022 84.00%
Mar 31, 2022 90.60%
Dec 31, 2021 89.79%
Sep 30, 2021 81.01%