New Jersey Resources (NJR) Tax Rate (2009 - 2026)
New Jersey Resources' Tax Rate was 29.25% in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 5.81 percentage points from the prior quarter.
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Analysis
New Jersey Resources (NJR) Tax Rate (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, New Jersey Resources' Tax Rate was 22.97% through Jun 30, 2026, down 0.52 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 22.73%, down 0.25 percentage points from FY2024.
- Tax Rate shows a five-year change of +3.03 percentage points (FY2020 to FY2025).
- In earlier fiscal years, Tax Rate was 22.99% in FY2024 (+7.09 pp), 15.89% in FY2023 (-6.33 pp), 22.22% in FY2022 (+8.02 pp) and 14.20% in FY2021 (-5.51 pp).
- The fiscal Q3 2026 figure marks the highest quarterly Tax Rate since fiscal Q3 2022.
- Compared with a year earlier, Tax Rate was higher in four of the last six quarters, with an average year-over-year change of +1.15 percentage points.
- The best year-over-year quarter for Tax Rate over five years was fiscal Q4 2024 (a gain of 10.81 percentage points); the worst was fiscal Q4 2025 (a drop of 6.67 percentage points).
- Per Business Quant data, NJR's Tax Rate in the three fiscal quarters before Q3 2026 was 23.44% (Q2 2026), 22.10% (Q1 2026) and 18.91% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 299.49 Bn | 296.88 Bn | - | - |
| 2 | Nextera Energy | 179.92 Bn | 166.66 Bn | - | 13.16% |
| 3 | Southern | 105.56 Bn | 96.61 Bn | 5.92 Bn | 13.60% |
| 4 | Duke Energy | 99.44 Bn | 95.69 Bn | 5.66 Bn | 12.26% |
| 5 | National Grid | 82.69 Bn | 64.32 Bn | - | - |
| 6 | American Electric Power | 68.52 Bn | 66.31 Bn | 4.75 Bn | 9.48% |
| 7 | Dominion Energy | 59.67 Bn | 57.66 Bn | - | 16.49% |
| 8 | Entergy | 52.06 Bn | 38.50 Bn | - | 22.76% |
| 9 | Sempra | 51.32 Bn | 50.45 Bn | 2.89 Bn | 22.09% |
| 10 | New Jersey Resources | 5.47 Bn | 5.30 Bn | 200.82 Mn | 29.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.25% |
| Mar 31, 2026 | 23.44% |
| Dec 31, 2025 | 22.10% |
| Sep 30, 2025 | 18.91% |
| Mar 31, 2025 | 23.29% |
| Dec 31, 2024 | 22.35% |
| Sep 30, 2024 | 25.58% |
| Mar 31, 2024 | 22.04% |
| Dec 31, 2023 | 20.72% |
| Sep 30, 2023 | 14.77% |
| Mar 31, 2023 | 21.89% |
| Dec 31, 2022 | 22.29% |
| Sep 30, 2022 | 18.79% |
| Jun 30, 2022 | 34.95% |
| Mar 31, 2022 | 23.22% |
| Dec 31, 2021 | 21.76% |
| Mar 31, 2021 | 20.99% |
| Dec 31, 2020 | 18.20% |
| Sep 30, 2020 | 26.87% |
| Mar 31, 2020 | 18.82% |
API Access
New Jersey Resources Tax Rate 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=tax-rate&ticker=NJR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=NJR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();