New Jersey Resources (NJR) Payout Ratio (2010 - 2026)
New Jersey Resources' Payout Ratio came in at 0.52 for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 20.2% from 0.43 a year earlier but down 5.4% from the prior quarter.
New Jersey Resources (NJR) Payout Ratio (2010 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), New Jersey Resources' Payout Ratio was 0.54, down 5.8% from FY2024.
- Going back by fiscal year, Payout Ratio was 0.57 in FY2024 (-0.1%), 0.57 in FY2023 (+22.8%), 0.46 in FY2022 (-53.2%) and 0.99 in FY2021 (+37.3%).
- The five-year range for quarterly Payout Ratio is 0.42 (fiscal Q2 2025) to 1.27 (fiscal Q2 2022).
- Year-over-year, Payout Ratio has increased for three consecutive quarters, with an average decline of 5.0% over the last eight quarters.
- The fastest year-over-year change in Payout Ratio over five years came in fiscal Q2 2022 (growth of 165.4%), and the weakest in fiscal Q2 2023 (a decline of 62.7%).
- Business Quant data shows NJR's Payout Ratio at 0.54 (Q2 2026), 0.56 (Q1 2026) and 0.54 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - |
| 10 | New Jersey Resources | 5.13 Bn | 4.97 Bn | 200.82 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.52 |
| Mar 31, 2026 | 0.54 |
| Dec 31, 2025 | 0.56 |
| Sep 30, 2025 | 0.54 |
| Jun 30, 2025 | 0.43 |
| Mar 31, 2025 | 0.42 |
| Dec 31, 2024 | 0.51 |
| Sep 30, 2024 | 0.57 |
| Jun 30, 2024 | 0.68 |
| Mar 31, 2024 | 0.63 |
| Dec 31, 2023 | 0.66 |
| Sep 30, 2023 | 0.57 |
| Jun 30, 2023 | 0.51 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | 0.47 |
| Sep 30, 2022 | 0.46 |
| Jun 30, 2022 | 0.56 |
| Mar 31, 2022 | 1.27 |
| Dec 31, 2021 | 0.79 |
| Sep 30, 2021 | 0.99 |
New Jersey Resources Payout Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payout-ratio&ticker=NJR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "ticker": "NJR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payout-ratio&ticker=NJR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();