New Jersey Resources (NJR) Gross Margin (2009 - 2026)
New Jersey Resources' (NJR) quarterly Gross Margin came in at 88.02% in Q1 2026, down 666.0% YoY from 15.55% in Q1 2025, and up 2.75% on a QoQ basis from 85.67% in Q4 2025.
New Jersey Resources (NJR) Gross Margin (2009 - 2026) Analysis & Trends
New Jersey Resources (NJR) has 18 years of Gross Margin data on file, last reported at 88.02% in Q1 2026.
- Quarterly Gross Margin fell 666.0% year-over-year to 88.02% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 71.19% (down 1608.0% YoY) and the FY2025 annual result came in at 79.84%, up 181.0% from the prior year.
- Gross Margin climbed to 88.02% in Q1 2026, from 85.67% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 99.54% in Q3 2022 to a low of 1.59% in Q3 2023.
- A 5-year average of 75.05% and a median of 85.67% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 9795 bps — and 2024, when it soared 7602 bps.
- Tracing NJR's Gross Margin over 5 years: stood at 89.01% in 2022, then fell by 10 bps to 79.79% in 2023, then gained by 20 bps to 95.4% in 2024, then declined by 10 bps to 85.67% in 2025, then climbed by 3 bps to 88.02% in 2026.
- The last three Gross Margin figures came in at 88.02% (Q1 2026), 85.67% (Q4 2025), and 2.24% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 29.11 Bn | 28.59 Bn | - | - |
| 2 | Nisource | 20.23 Bn | 20.16 Bn | 867.50 Mn | 64.62% |
| 3 | Ugi | 8.24 Bn | 7.77 Bn | 573.00 Mn | 43.05% |
| 4 | Black Hills | 5.62 Bn | 5.54 Bn | - | - |
| 5 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | 69.77% |
| 6 | ONE Gas | 5.18 Bn | 5.15 Bn | 272.01 Mn | 66.08% |
| 7 | Mdu Resources | 4.32 Bn | 4.27 Bn | - | - |
| 8 | Chesapeake Utilities | 3.32 Bn | 3.30 Bn | 150.20 Mn | 74.39% |
| 9 | Brookfield Infrastructure | 2.20 Bn | 1.44 Bn | 572.00 Mn | 60.85% |
| 10 | Centuri Holdings | 2.20 Bn | 2.16 Bn | 69.14 Mn | 7.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 69.77% |
| Mar 31, 2026 | 88.02% |
| Dec 31, 2025 | 85.67% |
| Sep 30, 2025 | 2.24% |
| 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 | 95.56% |
| Dec 31, 2023 | 79.79% |
| Sep 30, 2023 | 1.59% |
| Jun 30, 2023 | 64.32% |
| Mar 31, 2023 | 84.61% |
| Dec 31, 2022 | 89.01% |
| Sep 30, 2022 | 99.54% |
| Jun 30, 2022 | 98.49% |
| Mar 31, 2022 | 90.60% |
| Dec 31, 2021 | 89.79% |
| Sep 30, 2021 | 142.72% |