New Jersey Resources profit margin NJR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 16.4%
- Operating margin, 12 months
- 24.8%
- Net margin on a year earlier
- −3.2 pts
- Peer median
- 12.5%
Over the twelve months to Jun 30, 2026, New Jersey Resources kept 16.4% of its revenue as net profit, with an operating margin of 24.8%.
Five years earlier its net margin was 8.0%.
The median for 7 gas utilities of a similar size is 12.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 16.5% | 25.0% | n/a |
| FY2024 | 16.1% | 25.5% | n/a |
| FY2023 | 13.5% | 20.7% | n/a |
| FY2022 | 9.5% | 14.0% | n/a |
| FY2021 | 5.5% | 13.4% | n/a |
| FY2020 | 8.9% | 11.6% | n/a |
| FY2019 | 6.5% | 5.9% | n/a |
| FY2018 | 8.0% | 6.9% | 31.7% |
| FY2017 | 5.8% | 7.4% | n/a |
| FY2016 | 7.0% | 8.9% | n/a |
| FY2015 | 6.6% | 9.1% | n/a |
| FY2014 | 3.8% | 5.4% | n/a |
| FY2013 | 3.6% | 5.0% | n/a |
| FY2012 | 4.1% | 4.8% | n/a |
| FY2011 | 3.4% | 4.8% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 16.4% | −3.2 pts | 24.8% | |
| Q2 FY26 | 15.7% | −4.4 pts | 23.8% | |
| Q1 FY26 | 15.2% | −3.1 pts | 23.2% | |
| Q4 FY25 | 16.5% | +0.4 pts | 25.0% | |
| Q3 FY25 | 19.6% | +6.0 pts | 29.3% | |
| Q2 FY25 | 20.0% | +5.6 pts | 30.0% | |
| Q1 FY25 | 18.2% | +4.3 pts | 28.2% | |
| Q4 FY24 | 16.1% | +2.6 pts | 25.5% | |
| Q3 FY24 | 13.6% | +1.8 pts | 21.7% | |
| Q2 FY24 | 14.5% | +3.5 pts | 21.8% | |
| Q1 FY24 | 14.0% | +4.5 pts | 21.7% | |
| Q4 FY23 | 13.5% | +4.0 pts | 20.7% |
Against its peers
Companies in Regulated Gas nearest New Jersey Resources' size, closest first, today.
| Company | Profit margin |
|---|---|
| NJRNew Jersey Resources | 16.4% |
| SRSpire | 21.6% |
| OGSONE Gas | 12.5% |
| MDUMDU Resources | 10.7% |
| NFGNational Fuel Gas | n/m |
| NWNNorthwest Natural | 9.7% |
| NINiSource | 13.2% |
| ATOAtmos Energy | n/m |
| Peer median | 12.5% |
Where New Jersey Resources ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on New Jersey Resources
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.