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| Date | Value |
|---|---|
| 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 |