NEW JERSEY RESOURCES CORP(NJR)— Stock Profile, AI Score & Financials
Energy · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
NEW JERSEY RESOURCES CORP (NJR) stock profile, AI quality score, and SEC EDGAR financial data, a Energy sector company. 13F Pro's AI-powered ranking engine scores NJR at 69.5/100 on a 32-signal composite quality model, placing it at rank #260 of 2,960 stocks — the top 10% of the AI-ranked universe. NJR scores in the top quartile across free cash flow (92.4), profitability (77.4). Shareholder dilution risk is elevated at 49.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), NEW JERSEY RESOURCES CORP reports quarterly revenue of $258.0M, net income of $9.7M. Top institutional holders of NJR by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, STATE STREET, based on the most recent SEC filings. NJR trades on the NYSE exchange and files with the SEC under CIK 356309. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NJR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for NEW JERSEY RESOURCES CORP directly from SEC EDGAR.
AI Quality Score
69.5/100
AI Rank
#260
Revenue
$258.0M
Net Income
$9.7M
NJR key financials by period
NEW JERSEY RESOURCES CORP reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$1.4B
$335.6M
37.7%
FY 2024
10-K
$1.2B
$289.8M
37.3%
FY 2023
10-K
$1.1B
$264.7M
36.6%
FY 2022
10-K
$1.2B
$274.9M
33.9%
FY 2021
10-K
$852.1M
$117.9M
33.8%
FY 2020
10-K
$833.7M
$163.0M
27.5%
Institutions holding NJR
Institutional investors reporting a position in NEW JERSEY RESOURCES CORP on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-04 — Q3 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
NJR generated $258.0M of revenue from contracts with customers in fiscal Q3 2026 and swung to net income of $9.7M ($0.10/share) from a $15.1M net loss a year earlier, led by favorable Energy Services pricing spreads and higher Clean Energy Ventures REC sales.
Biggest Revenue Drivers
Natural Gas Distribution (NJNG)$171.8M+2% YoY
Driven primarily by customer growth
Storage and Transportation (S&T)$31.4M+16% YoY
Higher firm transportation and storage rates, including Adelphia's rate case settlement and higher firm storage rates at Leaf River
Biggest Revenue Drivers
Total revenue: $258.0M
Natural Gas Distribution (NJNG)$171.8M+2% YoY
Driven primarily by customer growth
Storage and Transportation (S&T)$31.4M+16% YoY
Higher firm transportation and storage rates, including Adelphia's rate case settlement and higher firm storage rates at Leaf River
Clean Energy Ventures (CEV)$19.0M+61% YoY
Higher REC sales and recognition of ITCs associated with solar sale leaseback financing transactions
Energy Services (ES)$18.0M+53% YoY
A 48% increase in natural gas prices along with a 39% increase in volumes of natural gas sold
Home Services and Other (HSO)$17.8M+10% YoY
Growth in installation and service contract businesses
Largest Expense Items
Operation and maintenance$105.6M+5% YoY
Driven partly by higher employee expenses at NJNG
Depreciation and amortization$53.5M+14% YoY
Reflects additional utility plant and solar assets placed into service
Regulatory rider expenses$10.4M-5% YoY
Pass-through state-mandated program costs, including CIP rate adjustments
Margins: Consolidated operating income swung to $31.9M from an operating loss of $1.1M a year earlier, driven by a $19.3M net income improvement at Energy Services from favorable pricing spreads and a $6.5M improvement at Clean Energy Ventures from higher REC sales and ITC recognition.
Watch Items from the Filing
NJNG filed a base rate case on June 1, 2026 seeking a $157.6M natural gas revenue increase and a higher 10.10% return on equity.
NJNG's estimated future MGP environmental remediation costs range from $144.3M to $200.2M, with a $165.2M liability currently recorded.
NJR guarantees approximately $136.1M of Energy Services' natural gas purchase and demand fee commitments not yet reflected in accounts payable.
Energy Services posted a $5.65M net loss in the quarter, though narrower than the $24.98M loss a year earlier, reflecting continued derivative-timing earnings volatility.
Under OBBBA, CEV solar facilities must begin construction before July 4, 2026 or be placed in service by December 31, 2027 to remain ITC-eligible.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
