New Jersey Resources (NJR) Gross Margin (2009 - 2026)
New Jersey Resources (NJR) posted Gross Margin of 88.02% for Q1 2026, up 2.75% quarter-over-quarter from 85.67% in Q4 2025, and down 666.0% year-on-year from 15.55% in Q1 2025.
New Jersey Resources (NJR) Gross Margin (2009 - 2026) Analysis & Trends
New Jersey Resources (NJR) has reported Gross Margin for 18 consecutive years, with 88.02% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 88.02%, down 666.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 86.03% (down 124.0% YoY), and the FY2025 annual result was 95.72%, up 1768.0% from the prior year.
- Gross Margin was 88.02% for Q1 2026 at New Jersey Resources, up from 85.67% in the prior quarter.
- Over five years, Gross Margin peaked at 98.44% in Q3 2025 and troughed at 1.59% in Q3 2023.
- Average Gross Margin over 5 years is 80.76%, with a median of 85.67% recorded in 2025.
- Year-over-year, Gross Margin sank 8290 bps in 2023 and surged 7602 bps in 2024.
- Over 5 years, Gross Margin stood at 97.48% in 2022, then declined by 2 bps to 95.89% in 2023, then fell by 1 bps to 95.4% in 2024, then decreased by 10 bps to 85.67% in 2025, then rose by 3 bps to 88.02% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 88.02% in Q1 2026, 85.67% in Q4 2025, and 98.44% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | - |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 78.93% |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 55.79% |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 88.02% |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | - |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 52.68% |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | - |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 41.08% |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | 4.94% |
| 10 | Rgc Resources | 248.35 Mn | 244.36 Mn | 39.84 Mn | 87.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 88.02% |
| Dec 31, 2025 | 85.67% |
| Sep 30, 2025 | 98.44% |
| Jun 30, 2025 | 66.50% |
| Mar 31, 2025 | 94.69% |
| Dec 31, 2024 | 95.40% |
| Sep 30, 2024 | 77.61% |
| Jun 30, 2024 | 62.13% |
| Mar 31, 2024 | 83.70% |
| Dec 31, 2023 | 95.89% |
| Sep 30, 2023 | 1.59% |
| Jun 30, 2023 | 64.32% |
| Mar 31, 2023 | 96.40% |
| Dec 31, 2022 | 97.48% |
| Sep 30, 2022 | 84.49% |
| Jun 30, 2022 | 84.00% |
| Mar 31, 2022 | 96.61% |
| Dec 31, 2021 | 89.79% |
| Sep 30, 2021 | 37.59% |
| Jun 30, 2021 | 98.52% |