New Jersey Resources (NJR) Net Margin (2009 - 2026)
New Jersey Resources' Net Margin came in at 2.77% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 7.81 percentage points from -5.03% a year earlier but down 20.53 percentage points from the prior quarter.
New Jersey Resources (NJR) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, New Jersey Resources reported Net Margin of 16.42%, down 3.22 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it was 16.48%, up 0.35 percentage points from FY2024.
- Net Margin has increased in each of the last four fiscal years, with a five-year change of +8.14 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Net Margin was 16.13% in FY2024 (+2.64 pp), 13.49% in FY2023 (+4.03 pp), 9.46% in FY2022 (+3.99 pp) and 5.47% in FY2021 (-2.88 pp).
- The five-year range for quarterly Net Margin is -5.03% (fiscal Q3 2025) to 26.89% (fiscal Q1 2025).
- Year-over-year, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +0.79 percentage points.
- The fastest year-over-year change in Net Margin over five years came in fiscal Q3 2022 (a gain of 32.79 percentage points), and the weakest in fiscal Q4 2025 (a drop of 18.54 percentage points).
- Business Quant data shows NJR's Net Margin at 23.30% (Q2 2026), 20.25% (Q1 2026) and 4.48% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 293.96 Bn | 293.96 Bn | 890.00 Mn | 11.99% |
| 2 | National Grid | 77.93 Bn | 59.46 Bn | - | - |
| 3 | Dominion Energy | 53.37 Bn | 56.05 Bn | - | 7.59% |
| 4 | Xcel Energy | 44.14 Bn | 39.04 Bn | - | 18.79% |
| 5 | Wec Energy | 33.42 Bn | 33.65 Bn | 1.51 Bn | 14.51% |
| 6 | Ameren | 27.75 Bn | 27.83 Bn | - | 15.01% |
| 7 | Fortis | 26.92 Bn | 27.40 Bn | 1.60 Bn | 13.51% |
| 8 | Atmos Energy | 26.63 Bn | 25.40 Bn | 870.85 Mn | 27.61% |
| 9 | American Water Works Company | 25.79 Bn | 25.20 Bn | - | 23.25% |
| 10 | New Jersey Resources | 5.16 Bn | 4.99 Bn | 200.82 Mn | 2.77% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.77% |
| Mar 31, 2026 | 23.30% |
| Dec 31, 2025 | 20.25% |
| Sep 30, 2025 | 4.48% |
| Jun 30, 2025 | -5.03% |
| Mar 31, 2025 | 22.37% |
| Dec 31, 2024 | 26.89% |
| Sep 30, 2024 | 23.02% |
| Jun 30, 2024 | -4.20% |
| Mar 31, 2024 | 18.36% |
| Dec 31, 2023 | 19.14% |
| Sep 30, 2023 | 11.17% |
| Jun 30, 2023 | 0.58% |
| Mar 31, 2023 | 17.12% |
| Dec 31, 2022 | 16.02% |
| Sep 30, 2022 | 7.12% |
| Jun 30, 2022 | 2.36% |
| Mar 31, 2022 | 10.53% |
| Dec 31, 2021 | 16.47% |
| Sep 30, 2021 | -0.21% |
New Jersey Resources Net 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=net-margin&ticker=NJR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=NJR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();