New Jersey Resources (NJR) Operating Leases (2019 - 2026)

New Jersey Resources (NJR) reported Operating Leases of $181.0 million for Q1 2026, down 3.45% on a YoY basis from $187.5 million in Q1 2025, and little changed quarter-over-quarter from $181.6 million in Q4 2025.

New Jersey Resources (NJR) Operating Leases (2019 - 2026) Analysis & Trends

New Jersey Resources has reported Operating Leases for 8 years, with the latest figure at $181.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 3.45% year-over-year to $181.0 million; the trailing twelve-month figure through Mar 2026 stood at $181.0 million (down 3.45% YoY), and the FY2025 full-year result was $179.5 million, down 4.45% from the prior year.
  • Operating Leases for Q1 2026 stood at $181.0 million, roughly flat from $181.6 million in the prior quarter.
  • The five-year high for Operating Leases was $191.9 million in Q2 2025, with the low at $135.9 million in Q2 2023.
  • Historically, Operating Leases has averaged $164.4 million across 5 years, with a median of $179.5 million in 2025.
  • Annual changes were most pronounced in 2022 — Operating Leases retreated 23.94% — and 2024, when it soared 33.95%.
  • New Jersey Resources' Operating Leases stood at $137.6 million in 2022, then jumped by 33.0% to $183.0 million in 2023, then rose by 0.37% to $183.7 million in 2024, then fell by 1.13% to $181.6 million in 2025, then slipped by 0.36% to $181.0 million in 2026.
  • The last three Operating Leases figures came in at $181.0 million (Q1 2026), $181.6 million (Q4 2025), and $179.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Atmos Energy 28.34 Bn 28.21 Bn -
2 Nisource 22.33 Bn 24.52 Bn 1.83 Bn
3 Ugi 7.49 Bn 6.94 Bn 1.50 Bn
4 New Jersey Resources 5.59 Bn 5.45 Bn 826.91 Mn
5 Black Hills 5.49 Bn 5.46 Bn -
6 ONE Gas 4.93 Bn 4.91 Bn 438.14 Mn
7 Mdu Resources 4.39 Bn 4.33 Bn -
8 Centuri Holdings 3.01 Bn 2.95 Bn 35.76 Mn
9 Chesapeake Utilities 2.96 Bn 2.96 Bn 102.40 Mn
10 Brookfield Infrastructure 426.14 Mn 3.22 Bn 539.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 180.99 Mn
Dec 31, 2025 181.65 Mn
Sep 30, 2025 179.45 Mn
Jun 30, 2025 191.91 Mn
Mar 31, 2025 187.46 Mn
Dec 31, 2024 183.72 Mn
Sep 30, 2024 187.81 Mn
Jun 30, 2024 159.99 Mn
Mar 31, 2024 183.23 Mn
Dec 31, 2023 183.04 Mn
Sep 30, 2023 148.02 Mn
Jun 30, 2023 135.92 Mn
Mar 31, 2023 136.79 Mn
Dec 31, 2022 137.63 Mn
Sep 30, 2022 138.38 Mn
Jun 30, 2022 139.29 Mn
Mar 31, 2022 140.04 Mn
Dec 31, 2021 180.96 Mn
Sep 30, 2021 165.80 Mn
Jun 30, 2021 135.97 Mn