New Jersey Resources (NJR) Net Margin (2009 - 2026)
New Jersey Resources (NJR) posted Net Margin of 23.01% for Q1 2026, up 15.35% quarter-over-quarter from 19.95% in Q4 2025, and up 80.0% year-on-year from 12.78% in Q1 2025.
New Jersey Resources (NJR) Net Margin (2009 - 2026) Analysis & Trends
New Jersey Resources (NJR) has reported Net Margin for 18 consecutive years, with 23.01% the latest figure, recorded in Q1 2026.
- Net Margin for Q1 2026 came in at 23.01%, up 80.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.31% (down 444.0% YoY), and the FY2025 annual result was 16.18%, up 35.0% from the prior year.
- Net Margin was 23.01% for Q1 2026 at New Jersey Resources, up from 19.95% in the prior quarter.
- Over five years, Net Margin peaked at 26.6% in Q4 2024 and troughed at 5.54% in Q2 2025.
- Average Net Margin over 5 years is 12.23%, with a median of 15.89% recorded in 2022.
- Year-over-year, Net Margin jumped 1180 bps in 2024 and tumbled 1865 bps in 2025.
- Over 5 years, Net Margin stood at 15.89% in 2022, then advanced by 18 bps to 18.78% in 2023, then surged by 42 bps to 26.6% in 2024, then retreated by 25 bps to 19.95% in 2025, then grew by 15 bps to 23.01% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 23.01% in Q1 2026, 19.95% in Q4 2025, and 3.98% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | 29.65% |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 21.99% |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 19.37% |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 23.01% |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | 17.05% |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 15.47% |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | -0.02% |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 23.79% |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | -1.31% |
| 10 | Rgc Resources | 248.35 Mn | 244.36 Mn | 39.84 Mn | 19.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.01% |
| Dec 31, 2025 | 19.95% |
| Sep 30, 2025 | 3.98% |
| Jun 30, 2025 | -5.54% |
| Mar 31, 2025 | 22.22% |
| Dec 31, 2024 | 26.60% |
| Sep 30, 2024 | 22.63% |
| Jun 30, 2024 | -4.69% |
| Mar 31, 2024 | 18.25% |
| Dec 31, 2023 | 18.78% |
| Sep 30, 2023 | 10.83% |
| Jun 30, 2023 | 0.31% |
| Mar 31, 2023 | 16.94% |
| Dec 31, 2022 | 15.89% |
| Sep 30, 2022 | 6.86% |
| Jun 30, 2022 | 1.49% |
| Mar 31, 2022 | 10.44% |
| Dec 31, 2021 | 16.39% |
| Sep 30, 2021 | -0.31% |
| Jun 30, 2021 | -6.15% |