Growth Metrics

New Jersey Resources (NJR) Gross Margin (2016 - 2026)

New Jersey Resources filings provide 17 years of Gross Margin readings, the most recent being 94.52% for Q4 2025.

  • On a quarterly basis, Gross Margin fell 88.0% to 94.52% in Q4 2025 year-over-year; TTM through Dec 2025 was 88.41%, a 281.0% decrease, with the full-year FY2025 number at 95.72%, down 92.0% from a year prior.
  • Gross Margin hit 94.52% in Q4 2025 for New Jersey Resources, down from 98.44% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 167.08% in Q3 2023 to a low of 62.13% in Q2 2024.
  • Median Gross Margin over the past 5 years was 95.48% (2024), compared with a mean of 93.53%.
  • Biggest five-year swings in Gross Margin: surged 8259bps in 2023 and later crashed -6799bps in 2024.
  • New Jersey Resources' Gross Margin stood at 97.53% in 2021, then dropped by 0bps to 97.48% in 2022, then dropped by -2bps to 95.89% in 2023, then decreased by -1bps to 95.4% in 2024, then dropped by -1bps to 94.52% in 2025.
  • The last three reported values for Gross Margin were 94.52% (Q4 2025), 98.44% (Q3 2025), and 66.5% (Q2 2025) per Business Quant data.