New Jersey Resources (NJR) Interest Expenses (2009 - 2026)
New Jersey Resources' (NJR) quarterly Interest Expenses came in at $35.0 million in Q1 2026, up 7.53% YoY from $32.5 million in Q1 2025, and down 2.3% on a QoQ basis from $35.8 million in Q4 2025.
New Jersey Resources (NJR) Interest Expenses (2009 - 2026) Analysis & Trends
New Jersey Resources (NJR) has 18 years of Interest Expenses data on file, last reported at $35.0 million in Q1 2026.
- Quarterly Interest Expenses rose 7.53% year-over-year to $35.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $134.7 million (changed 0.1% YoY) and the FY2025 annual result came in at $283.1 million, up 117.29% from the prior year.
- Interest Expenses slipped to $35.0 million in Q1 2026, from $35.8 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $36.0 million in Q3 2024 to a low of $18.3 million in Q3 2023.
- A 5-year average of $29.7 million and a median of $31.5 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses jumped 100.71% — and 2023, when it decreased 25.4%.
- Tracing NJR's Interest Expenses over 5 years: stood at $29.5 million in 2022, then rose by 6.72% to $31.5 million in 2023, then increased by 10.71% to $34.8 million in 2024, then climbed by 2.74% to $35.8 million in 2025, then retreated by 2.3% to $35.0 million in 2026.
- The last three Interest Expenses figures came in at $35.0 million (Q1 2026), $35.8 million (Q4 2025), and $32.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.90 Bn | 28.37 Bn | - | 33.14 Mn |
| 2 | Nisource | 20.09 Bn | 20.02 Bn | 867.50 Mn | 199.20 Mn |
| 3 | Ugi | 8.29 Bn | 7.81 Bn | 573.00 Mn | 109.00 Mn |
| 4 | New Jersey Resources | 5.60 Bn | 5.56 Bn | 243.61 Mn | 35.20 Mn |
| 5 | Black Hills | 5.60 Bn | 5.52 Bn | - | 52.70 Mn |
| 6 | ONE Gas | 5.13 Bn | 5.10 Bn | 272.01 Mn | 31.10 Mn |
| 7 | Mdu Resources | 4.32 Bn | 4.27 Bn | - | 31.55 Mn |
| 8 | Chesapeake Utilities | 3.31 Bn | 3.29 Bn | 150.20 Mn | 18.40 Mn |
| 9 | Centuri Holdings | 2.23 Bn | 2.19 Bn | 69.14 Mn | - |
| 10 | Brookfield Infrastructure | 2.21 Bn | 1.44 Bn | 572.00 Mn | 322.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 35.20 Mn |
| Jun 30, 2026 | 35.20 Mn |
| Mar 31, 2026 | 34.98 Mn |
| Mar 31, 2026 | 34.98 Mn |
| Dec 31, 2025 | 35.80 Mn |
| Dec 31, 2025 | 35.80 Mn |
| Sep 30, 2025 | 32.22 Mn |
| Sep 30, 2025 | 32.22 Mn |
| Jun 30, 2025 | 31.69 Mn |
| Jun 30, 2025 | 31.69 Mn |
| Mar 31, 2025 | 32.53 Mn |
| Mar 31, 2025 | 32.53 Mn |
| Dec 31, 2024 | 34.84 Mn |
| Dec 31, 2024 | 34.84 Mn |
| Sep 30, 2024 | 36.01 Mn |
| Sep 30, 2024 | 36.01 Mn |
| Jun 30, 2024 | 31.17 Mn |
| Jun 30, 2024 | 31.17 Mn |
| Mar 31, 2024 | 31.62 Mn |
| Mar 31, 2024 | 31.62 Mn |