New Jersey Resources (NJR) Operating Margin (2016 - 2026)
New Jersey Resources filings provide 17 years of Operating Margin readings, the most recent being 29.63% for Q4 2025.
- On a quarterly basis, Operating Margin fell 919.0% to 29.63% in Q4 2025 year-over-year; TTM through Dec 2025 was 23.15%, a 501.0% decrease, with the full-year FY2025 number at 24.99%, down 51.0% from a year prior.
- Operating Margin hit 29.63% in Q4 2025 for New Jersey Resources, up from 12.02% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 38.82% in Q4 2024 to a low of 7.47% in Q2 2021.
- Median Operating Margin over the past 5 years was 21.31% (2021), compared with a mean of 17.41%.
- Biggest five-year swings in Operating Margin: soared 1752bps in 2024 and later plummeted -2490bps in 2025.
- New Jersey Resources' Operating Margin stood at 23.21% in 2021, then rose by 3bps to 23.88% in 2022, then rose by 22bps to 29.07% in 2023, then soared by 34bps to 38.82% in 2024, then fell by -24bps to 29.63% in 2025.
- The last three reported values for Operating Margin were 29.63% (Q4 2025), 12.02% (Q3 2025), and 0.36% (Q2 2025) per Business Quant data.