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

New Jersey Resources (NJR) has reported Tax Rate for 18 consecutive years, with 23.44% the latest figure, recorded in Q1 2026.

• Tax Rate for Q1 2026 came in at 23.44%, up 14.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.77% (down 90.0% YoY), and the FY2025 annual result was 22.73%, down 25.0% from the prior year.
• Tax Rate was 23.44% for Q1 2026 at New Jersey Resources, up from 22.1% in the prior quarter.
• Over five years, Tax Rate peaked at 104.22% in Q2 2023 and troughed at 14.77% in Q3 2023.
• Average Tax Rate over 5 years is 27.05%, with a median of 22.29% recorded in 2022.
• Year-over-year, Tax Rate jumped 6927 bps in 2023 and slumped 8659 bps in 2024.
• Over 5 years, Tax Rate stood at 22.29% in 2022, then fell by 7 bps to 20.72% in 2023, then increased by 8 bps to 22.35% in 2024, then decreased by 1 bps to 22.1% in 2025, then increased by 6 bps to 23.44% in 2026.
• Per Business Quant data, the three most recent Tax Rate figures were 23.44% in Q1 2026, 22.1% in Q4 2025, and 18.91% in Q3 2025.