Growth Metrics

New Jersey Resources (NJR) Operating Expenses (2016 - 2025)

New Jersey Resources' Operating Expenses history spans 17 years, with the latest figure at $425.6 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 42.46% year-over-year to $425.6 million; the TTM value through Dec 2025 reached $1.7 billion, up 26.69%, while the annual FY2025 figure was $1.5 billion, 14.13% up from the prior year.
  • Operating Expenses reached $425.6 million in Q4 2025 per NJR's latest filing, up from $295.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $773.4 million in Q1 2022 to a low of $249.7 million in Q3 2024.
  • Average Operating Expenses over 5 years is $443.6 million, with a median of $452.2 million recorded in 2023.
  • Peak YoY movement for Operating Expenses: skyrocketed 51.38% in 2021, then crashed 60.99% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $519.0 million in 2021, then rose by 6.13% to $550.8 million in 2022, then tumbled by 39.83% to $331.4 million in 2023, then fell by 9.84% to $298.8 million in 2024, then soared by 42.46% to $425.6 million in 2025.
  • Per Business Quant, the three most recent readings for NJR's Operating Expenses are $425.6 million (Q4 2025), $295.7 million (Q3 2025), and $300.0 million (Q2 2025).