New Jersey Resources (NJR) Gross Margin (2017 - 2026)
New Jersey Resources (NJR) reported Gross Margin of 57.51% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 5.37 percentage points from 52.14% a year earlier and up 1.90 percentage points from the prior quarter.
New Jersey Resources (NJR) Gross Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, New Jersey Resources' Gross Margin came in at 57.11%, down 0.39 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 55.69%, down 4.15 percentage points from FY2024.
- Gross Margin has a five-year change of +22.16 percentage points (FY2020 to FY2025).
- By fiscal year, Gross Margin came in at 59.83% in FY2024 (+10.06 pp), 49.77% in FY2023 (+16.58 pp), 33.19% in FY2022 (-4.46 pp) and 37.65% in FY2021 (+4.12 pp).
- Five-year quarterly Gross Margin spans a low of 26.15% in fiscal Q4 2021 and a high of 69.10% in fiscal Q4 2024.
- Year over year, Gross Margin gained in four of the last eight quarters, with an average year-over-year change of -0.24 percentage points.
- The high point for year-over-year Gross Margin in five years was fiscal Q4 2023 (a gain of 27.52 percentage points); the low point was fiscal Q2 2022 (a drop of 13.02 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 55.61% (Q2 2026), 57.53% (Q1 2026) and 60.13% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 39.24% |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - | - |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - | - |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn | 73.06% |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - | - |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn | 75.47% |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn | 99.07% |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - | - |
| 10 | New Jersey Resources | 5.16 Bn | 4.99 Bn | 200.82 Mn | 57.51% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.51% |
| Mar 31, 2026 | 55.61% |
| Dec 31, 2025 | 57.53% |
| Sep 30, 2025 | 60.13% |
| Jun 30, 2025 | 52.14% |
| Mar 31, 2025 | 53.21% |
| Dec 31, 2024 | 59.42% |
| Sep 30, 2024 | 69.10% |
| Jun 30, 2024 | 58.52% |
| Mar 31, 2024 | 52.98% |
| Dec 31, 2023 | 62.42% |
| Sep 30, 2023 | 58.81% |
| Jun 30, 2023 | 55.22% |
| Mar 31, 2023 | 50.82% |
| Dec 31, 2022 | 42.71% |
| Sep 30, 2022 | 31.29% |
| Jun 30, 2022 | 29.19% |
| Mar 31, 2022 | 31.67% |
| Dec 31, 2021 | 40.66% |
| Sep 30, 2021 | 26.15% |
New Jersey Resources Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=NJR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "NJR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=NJR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();