Growth Metrics

New Jersey Resources (NJR) Net Margin (2016 - 2025)

New Jersey Resources' Net Margin history spans 17 years, with the latest figure at 19.95% for Q4 2025.

  • For Q4 2025, Net Margin fell 665.0% year-over-year to 19.95%; the TTM value through Dec 2025 reached 14.88%, down 309.0%, while the annual FY2025 figure was 16.18%, 35.0% up from the prior year.
  • Net Margin reached 19.95% in Q4 2025 per NJR's latest filing, up from 3.98% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 26.6% in Q4 2024 to a low of 6.15% in Q2 2021.
  • Average Net Margin over 5 years is 10.66%, with a median of 13.36% recorded in 2022.
  • Peak YoY movement for Net Margin: soared 1180bps in 2024, then tumbled -1865bps in 2025.
  • A 5-year view of Net Margin shows it stood at 16.39% in 2021, then decreased by -3bps to 15.89% in 2022, then grew by 18bps to 18.78% in 2023, then skyrocketed by 42bps to 26.6% in 2024, then fell by -25bps to 19.95% in 2025.
  • Per Business Quant, the three most recent readings for NJR's Net Margin are 19.95% (Q4 2025), 3.98% (Q3 2025), and 5.54% (Q2 2025).