New Jersey Resources (NJR) Gross Margin (2009 - 2026)
New Jersey Resources (NJR) reported Gross Margin of 88.02% for Q1 2026, down 666.0% on a YoY basis from 15.55% in Q1 2025, and up 2.75% quarter-over-quarter from 85.67% in Q4 2025.
New Jersey Resources (NJR) Gross Margin (2009 - 2026) Analysis & Trends
New Jersey Resources has reported Gross Margin for 18 years, with the latest figure at 88.02% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 666.0% year-over-year to 88.02%; the trailing twelve-month figure through Mar 2026 stood at 86.03% (down 124.0% YoY), and the FY2025 full-year result was 95.72%, up 1768.0% from the prior year.
- Gross Margin for Q1 2026 stood at 88.02%, up from 85.67% in the prior quarter.
- The five-year high for Gross Margin was 98.44% in Q3 2025, with the low at 1.59% in Q3 2023.
- Historically, Gross Margin has averaged 80.76% across 5 years, with a median of 85.67% in 2025.
- Annual changes were most pronounced in 2023 — Gross Margin tumbled 8290 bps — and 2024, when it soared 7602 bps.
- New Jersey Resources' Gross Margin stood at 97.48% in 2022, then decreased by 2 bps to 95.89% in 2023, then slipped by 1 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 98.44% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | - |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 78.93% |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 55.79% |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 88.02% |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | - |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 52.68% |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | - |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 4.94% |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 41.08% |
| 10 | Brookfield Infrastructure | 426.14 Mn | 3.22 Bn | 539.00 Mn | 60.97% |
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% |