New Jersey Resources (NJR) Net Margin (2009 - 2026)
New Jersey Resources' (NJR) quarterly Net Margin came in at 2.32% in Q2 2026, up 787.0% on a YoY basis from 0.26% in Q2 2025, and down 89.9% quarter-over-quarter from 23.01% in Q1 2026.
Analysis
New Jersey Resources (NJR) Net Margin (2009 - 2026) Analysis & Trends
New Jersey Resources (NJR) has reported Net Margin for 18 consecutive years, with 2.32% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 787.0% year-over-year to 2.32%; the trailing twelve-month figure through Jun 2026 stood at 16.07% (down 328.0% YoY), and the FY2025 full-year result was 16.18%, up 35.0% from the prior year.
- Net Margin declined to 2.32% in Q2 2026 per NJR's latest filing, from 23.01% in the prior quarter.
- Across five years, Net Margin topped out at 26.6% in Q4 2024 and bottomed at 5.54% in Q2 2025.
- Historically, Net Margin has averaged 11.68% across 5 years, with a median of 13.36% in 2022.
- The sharpest annual moves came in 2024 and 2025: Net Margin soared 1180 bps in 2024, then slumped 1865 bps in 2025.
- Over 5 years, Net Margin stood at 15.89% in 2022, then gained by 18 bps to 18.78% in 2023, then jumped by 42 bps to 26.6% in 2024, then fell by 25 bps to 19.95% in 2025, then sank by 88 bps to 2.32% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 2.32%, 23.01%, and 19.95% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.05 Bn | 27.52 Bn | - | 27.61% |
| 2 | Nisource | 19.98 Bn | 19.91 Bn | 867.50 Mn | 3.39% |
| 3 | New Jersey Resources | 5.41 Bn | 5.37 Bn | 243.61 Mn | 2.32% |
| 4 | ONE Gas | 4.97 Bn | 4.94 Bn | 272.01 Mn | 11.37% |
| 5 | Rgc Resources | 220.42 Mn | 217.40 Mn | 11.98 Mn | 3.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.32% |
| 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% |