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Companies / Utilities / New Jersey Resources Corporation
NJR

New Jersey Resources Corporation

UtilitiesElectric, Gas & Water
Ticker NJRWALL, NJFiscal year ends SeptemberBook value per share $26.04Diluted shares 101.5M

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… From the company’s description.

Fiscal year 2025 · ends 09-30Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$2.04BFY2025
+13.4% year over year
Last 12 mo $2.23B
24.99%FY2025
−0.5 percentage points
Last 12 mo 24.78%
$335.63MFY2025
+15.8% year over year
Last 12 mo $366.16M
14.03%FY2025
+0.9 percentage points
Last 12 mo 13.85%
Cash & financing
$466.35MFY2025
+9.1% year over year
Last 12 mo $658.95M
$466.35MFY2025
+9.1% year over year
Last 12 mo $658.95M
1.52FY2025
Was 1.54× a year earlier
Last 12 mo 1.41
100.8MFY2025
+1.5% year over year
Last 12 mo 101.5M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What New Jersey Resources Corporation does

In the company’s own words

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.

Company details
Sector
Utilities
Industry (SIC)
Electric, Gas & Water
Headquarters
WALL, NJ
Fiscal year end
September
CIK
356309
SIC
4924

Financial performance, year by year

Fiscal 2013–2025 · USD
$-373.81M$747.63M$1.87B$2.99B$4.11B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns New Jersey Resources Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

365
funds hold it
0 of 35
superinvestors hold it
$2.45B
held by funds, at market
43.1%
of shares held by funds

Largest fund holders · New Jersey Resources Corporation’s weight in each

iShares Core S&P Mid-Cap ETF
IJH · iShares Trust
0.16%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.18%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.07%of fund net assets
iShares Select Dividend ETF
DVY · iShares Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

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”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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