NJR

NEW JERSEY RESOURCES CORP

Ticker: NJRUtilitiesElectric, Gas & Water
HQ WALL, NJCIK 356309FY end 09-30Book / share $26.04Shares 102M
Revenue (FY)
$2.04B+13.35%
TTM $2.23B
Op. margin
24.99%-0.51%
TTM 24.78%
Net income
$335.63M+15.82%
TTM $366.16M
Operating cash
$466.35M+9.11%
TTM $658.95M
Free cash flow
$466.35M+9.11%
TTM $658.95M
Return on equity
14.03%+0.86%
TTM 13.85%
Debt / equity
1.52-0.02%
TTM 1.41
Shares outstanding
100.8M+1.51%
TTM 101.5M

The business

New Jersey Resources Corporation (NYSE: NJR) operates as a diversified energy services holding company serving customers across the northeastern United States through its principal website at https://investor.njresources.com. The company's core business centers on the distribution of natural gas through a regulated utility, investment in and operation of clean energy projects, natural gas storage and transportation assets, and provision of retail and wholesale energy services.

NJR operates through four primary reportable segments. The Natural Gas Distribution segment, conducted through New Jersey Natural Gas Company, provides regulated natural gas utility service to residential and commercial customers across six counties in New Jersey, serving an estimated population of 1.7 million people and encompassing 1,538 square miles. The Clean Energy Ventures segment owns and operates approximately 479 megawatts of commercial solar capacity across seven states including New Jersey, Rhode Island, New York, Connecticut, Michigan, Indiana, and Pennsylvania. The Energy Services segment manages unregulated wholesale and retail natural gas operations and provides producer and asset management services across North America. The Storage and Transportation segment invests in FERC-regulated interstate natural gas storage and transportation assets, including operations at Leaf River in Mississippi, Adelphia in Pennsylvania, and a fifty percent equity interest in Steckman Ridge in Pennsylvania.

The company also operates Home Services and Other businesses providing heating, ventilation, cooling, electrical, plumbing, and appliance services. As of September 30, 2025, NJR employed 1,376 employees, with 514 represented employees at the natural gas distribution utility and 117 at home services operations covered by collective bargaining agreements.

NJR's natural gas distribution utility maintains firm transportation and storage capacity agreements with multiple interstate pipeline companies and operates two liquefied natural gas facilities for peaking supply management. The company's clean energy portfolio generates renewable energy credits and transition renewable energy credits through solar installations. The energy services division manages approximately 13.7 billion cubic feet of firm storage and 0.6 billion cubic feet of firm transportation capacity, focusing on capturing value from geographic and temporal price differentials in wholesale natural gas markets.

Sector
Utilities
Industry
Electric, Gas & Water
HQ
WALL, NJ
FY end
09-30
CIK
356309
SIC
4924
Financial performance · annual
20132025
$-373.81M$747.63M$1.87B$2.99B$4.11B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds NEW JERSEY RESOURCES CORP — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

365
funds hold it
0 of 35
superinvestors hold it
$2.45B
fund-held value
43.1%
of shares held by funds

Top fund holders

Fund% of fundValue
iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.16%$193.62M
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%$179.65M
iShares Russell 2000 ETF
IWM · iShares Trust
0.18%$148.12M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.07%$129.74M
iShares Select Dividend ETF
DVY · iShares Trust
0.48%$109.39M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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