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Newjersey Resources Corp (NJR)

Newjersey Resources Corp (NJR)
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New Jersey Resources Corporation is an energy services holding company that, through its subsidiaries, provides safe and reliable natural gas and clean energy services, including transportation, distribution, asset management and home services. NJR is composed of five primary businesses: New Jersey Natural Gas, NJR's principal subsidiary, operates and maintains the natural gas transportation and distribution infrastructure to serve the customers. NJR Clean Energy Ventures invests in, owns and operates solar and onshore wind projects. NJR Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions. NJR Midstream serves customers from local distributors and producers to electric generators and wholesale marketers. NJR Home Services provides service contracts as well as heating, central air conditioning, water heaters, standby generators, solar and other indoor and outdoor comfort products.

Fiscal Year End Date: 09/30

(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Sales 2,036,410 1,796,540 1,962,990 2,905,980 2,156,610
Sales Growth +13.35% -8.48% -32.45% +34.75% +10.39%
Net Income 335,630 289,780 264,720 274,920 117,890
Net Income Growth +15.82% +9.47% -3.71% +133.20% -39.21%
(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Total Assets 7,578,780 6,981,650 6,537,500 6,261,420 5,722,280
Total Assets Growth +8.55% +6.79% +4.41% +9.42% +2.74%
Total Liabilities 5,187,110 4,781,200 4,546,760 4,444,210 4,091,420
Total Liabilities Growth +8.49% +5.16% +2.31% +8.62% +9.83%
(Values in U.S. Thousands) Sep, 2025 Sep, 2024 Sep, 2023 Sep, 2022 Sep, 2021
Operating Cash Flow 466,350 427,410 478,990 323,480 390,950
Operating Cash Flow Growth +9.11% -10.77% +48.07% -17.26% +83.13%
Net Cash Flow 40 100 70 -4,590 -113,380
Change in Net Cash Flow -60.00% +42.86% +101.53% +95.95% -198.28%
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