New Jersey Resources (NJR) Tax Rate (2016 - 2025)
New Jersey Resources' Tax Rate history spans 17 years, with the latest figure at 22.1% for Q4 2025.
- For Q4 2025, Tax Rate fell 25.0% year-over-year to 22.1%; the TTM value through Dec 2025 reached 22.65%, down 67.0%, while the annual FY2025 figure was 22.73%, 25.0% down from the prior year.
- Tax Rate reached 22.1% in Q4 2025 per NJR's latest filing, 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.
- Average Tax Rate over 5 years is 29.86%, with a median of 22.19% recorded in 2022.
- Peak YoY movement for Tax Rate: soared 6927bps in 2023, then plummeted -8659bps in 2024.
- A 5-year view of Tax Rate shows it 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.
- Per Business Quant, the three most recent readings for NJR's Tax Rate are 22.1% (Q4 2025), 18.91% (Q3 2025), and 23.68% (Q2 2025).