New Jersey Resources (NJR) Tax Rate (2009 - 2026)

New Jersey Resources (NJR) has reported Tax Rate for 18 consecutive years, with 29.25% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Tax Rate rose 557.0% year-over-year to 29.25%; the trailing twelve-month figure through Jun 2026 stood at 22.97% (down 52.0% YoY), and the FY2025 full-year result was 22.73%, down 25.0% from the prior year.
• Tax Rate grew to 29.25% in Q2 2026 per NJR's latest filing, from 23.44% in the prior quarter.
• Across five years, Tax Rate topped out at 104.22% in Q2 2023 and bottomed at 14.77% in Q3 2023.
• Historically, Tax Rate has averaged 27.17% across 5 years, with a median of 22.32% in 2022.
• The sharpest annual moves came in 2023 and 2024: Tax Rate soared 6927 bps in 2023, then sank 8659 bps in 2024.
• Over 5 years, Tax Rate stood at 22.29% in 2022, then declined by 7 bps to 20.72% in 2023, then grew by 8 bps to 22.35% in 2024, then retreated by 1 bps to 22.1% in 2025, then soared by 32 bps to 29.25% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 29.25%, 23.44%, and 22.1% for Q2 2026, Q1 2026, and Q4 2025 respectively.