New Jersey Resources (NJR) Payout Ratio (2009 - 2026)
New Jersey Resources' (NJR) quarterly Payout Ratio came in at 5.91 in Q2 2026, up 316.86% on a YoY basis from 1.42 in Q2 2025, and up 2567.67% quarter-over-quarter from 0.22 in Q1 2026.
Analysis
New Jersey Resources (NJR) Payout Ratio (2009 - 2026) Analysis & Trends
New Jersey Resources (NJR) has reported Payout Ratio for 18 consecutive years, with 5.91 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Payout Ratio rose 316.86% year-over-year to 5.91; the trailing twelve-month figure through Jun 2026 stood at 0.53 (up 21.02% YoY), and the FY2025 full-year result was 0.55, down 5.83% from the prior year.
- Payout Ratio grew to 5.91 in Q2 2026 per NJR's latest filing, from 0.22 in the prior quarter.
- Across five years, Payout Ratio topped out at 45.48 in Q2 2023 and bottomed at 3.2 in Q2 2024.
- Historically, Payout Ratio has averaged 3.21 across 5 years, with a median of 0.38 in 2025.
- The sharpest annual moves came in 2023 and 2024: Payout Ratio surged 1073.97% in 2023, then tumbled 107.03% in 2024.
- Over 5 years, Payout Ratio stood at 0.3 in 2022, then jumped by 55.6% to 0.47 in 2023, then fell by 26.24% to 0.34 in 2024, then increased by 14.81% to 0.4 in 2025, then surged by 1393.37% to 5.91 in 2026.
- According to Business Quant data, Payout Ratio over the past three periods registered 5.91, 0.22, and 0.4 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Atmos Energy | 28.05 Bn | 27.52 Bn | - |
| 2 | Nisource | 19.98 Bn | 19.91 Bn | 867.50 Mn |
| 3 | New Jersey Resources | 5.41 Bn | 5.37 Bn | 243.61 Mn |
| 4 | ONE Gas | 4.97 Bn | 4.94 Bn | 272.01 Mn |
| 5 | Rgc Resources | 220.42 Mn | 217.40 Mn | 11.98 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.91 |
| Mar 31, 2026 | 0.22 |
| Dec 31, 2025 | 0.40 |
| Sep 30, 2025 | 3.38 |
| Jun 30, 2025 | -2.72 |
| Mar 31, 2025 | 0.22 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 0.46 |
| Jun 30, 2024 | -3.20 |
| Mar 31, 2024 | 0.34 |
| Dec 31, 2023 | 0.47 |
| Sep 30, 2023 | 1.06 |
| Jun 30, 2023 | 45.48 |
| Mar 31, 2023 | 0.37 |
| Dec 31, 2022 | 0.30 |
| Sep 30, 2022 | 0.61 |
| Jun 30, 2022 | 3.87 |
| Mar 31, 2022 | 0.33 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | -15.87 |