New Jersey Resources (NJR) Tax Rate (2016 - 2026)
New Jersey Resources filings provide 17 years of Tax Rate readings, the most recent being 22.1% for Q4 2025.
- On a quarterly basis, Tax Rate fell 25.0% to 22.1% in Q4 2025 year-over-year; TTM through Dec 2025 was 22.65%, a 67.0% decrease, with the full-year FY2025 number at 22.73%, down 25.0% from a year prior.
- Tax Rate hit 22.1% in Q4 2025 for New Jersey Resources, up from 18.91% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 104.22% in Q2 2023 to a low of 14.77% in Q3 2023.
- Median Tax Rate over the past 5 years was 22.19% (2022), compared with a mean of 29.86%.
- Biggest five-year swings in Tax Rate: skyrocketed 6927bps in 2023 and later tumbled -8659bps in 2024.
- New Jersey Resources' Tax Rate stood at 21.76% in 2021, then rose by 2bps to 22.29% in 2022, then decreased by -7bps to 20.72% in 2023, then grew by 8bps to 22.35% in 2024, then dropped by -1bps to 22.1% in 2025.
- The last three reported values for Tax Rate were 22.1% (Q4 2025), 18.91% (Q3 2025), and 23.68% (Q2 2025) per Business Quant data.