profit from every $100 of sales.

New Jersey Resources
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $16.48 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What New Jersey Resources sold, what it kept, and what it did with the cash.
Sales went from $2.91 billion in 2022 to $2.04 billion in 2025, with $336 million of profit last year.
New Jersey Resources vs. similar companies
New Jersey Resources grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
New Jersey Resources | 16.5× · Fair price | ||
Naturgy Energy Group | 13.7× · Cheap | ||
Snam | 16.3× · Fair price | ||
The Hong Kong and China Gas | 24.3× · Fair price | ||
Osaka Gas | 16.2× · Fair price |
AI analysis
An AI analyst reads New Jersey Resources's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 2,906 | 1,963 | 1,797 | 2,036 | |
| 595 | 610 | 685 | 727 | |
| 406 | 407 | 458 | 451 | |
| 558 | 586 | 666 | 744 | |
| 275 | 265 | 290 | 336 | |
| 2.85 | 2.71 | 2.92 | 3.33 | |
| 20.5% | 31.1% | 38.1% | 35.7% | |
| 14.0% | 20.7% | 25.5% | 22.1% | |
| 9.5% | 13.5% | 16.1% | 16.5% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 6,261 | 6,537 | 6,982 | 7,579 |
| Cash | 1 | 1 | 1 | 1 |
| Total debt | 3,127 | 3,289 | 3,525 | 3,768 |
| Total liabilities | 4,444 | 4,547 | 4,781 | 5,187 |
| 1,817 | 1,991 | 2,200 | 2,392 | |
| 96 | 98 | 99 | 101 | |
| 6.9% | 6.5% | 6.9% | 7.1% | |
| 15.1% | 13.3% | 13.2% | 14.0% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 323 | 479 | 427 | 466 | |
| 598 | 541 | 571 | 706 | |
| -275 | -62 | -144 | -240 | |
| Dividends paid | 128 | 151 | 165 | 180 |
| 0 | 0 | – | – | |
| 15 | 15 | 16 | 18 |
Valuation
- 16.5×
- 16.2×
- 3.10
- 2.3×
- 2.7×
- –
- 12.5×
- -4.3%
- 6.1%
- 3.4%
Profitability
- 35.7%
- 22.1%
- 16.5%
- 33.6%
- 7.3%
- 7.0%
- 13.7%
- 4.3%
- 7.4%
- –
Growth
- −11.2%
- +5.3%
- −66.6%
- +7.5%
- +1.5%
Financial health
- 5.1×
- 1.58
- 47.4%
- 4.3×
- 0.73
- 0.80
- 0.28
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $55.75
- Range
- $53.00 – $61.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 4, 2026 | 2.20 | 1.89 | +16.4% |
| Feb 2, 2026 | 1.17 | 0.95 | +23.2% |
| Nov 19, 2025 | 0.16 | 0.15 | +6.1% |
| Aug 4, 2025 | 0.06 | -0.06 | +200.0% |
| May 5, 2025 | 1.76 | 1.65 | +6.7% |
| Feb 3, 2025 | 1.29 | 1.14 | +13.2% |
| Nov 25, 2024 | 0.89 | 0.88 | +1.1% |
| Aug 6, 2024 | -0.09 | -0.02 | −275.0% |
Paid per share, each year
$0.93 in 2015 → $1.85 in 2025
How safe it looks
53.7% of its profit
Room to growStretchedMore than it earnsNews
New Jersey Resources declares $0.50 dividendSeeking Alpha · Nov 11, 2026Why Jersey Mike's Stock Jumped TodayYahoo Finance · Sep 10, 2026U.S. federal court overturns key New Jersey permit for Williams' NESE gas pipelineSeeking Alpha · Sep 9, 2026New Jersey asks the Supreme Court to take on prediction marketsCNBC · Sep 2, 2026Here Are Monday’s Top Wall Street Analyst Research Calls: AstraZeneca, Celestica, Chipotle Mexican Grill, Domino’s Pizza, Fortune Brands, Golar LNG, Jersey Mike’s Subs, Roku, and MoreYahoo Finance · Aug 24, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about New Jersey Resources
Is New Jersey Resources a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the New Jersey Resources AI analysis
What does New Jersey Resources do?
New Jersey Resources Corporation, an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. It is in Utilities - Regulated Gas, based in Wall, NJ, United States, with 1,300 employees.
Does New Jersey Resources pay a dividend?
Yes. At today's price the dividend is 3.4% a year, about 54% of its yearly profit. In 2025 it paid out $180 million in dividends.
Is New Jersey Resources stock halal?
No. New Jersey Resources does not pass our halal screen: its debt is 68% of its market value, at or above the 33% limit. How we check
How has New Jersey Resources stock done over the past year?
Up 18.8% over the past twelve months, to $54.82. It traded between $44.59 and $60.05 and is 8.7% below its high.
Who are New Jersey Resources's competitors?
The largest listed companies in the same industry are Naturgy Energy Group, Snam, The Hong Kong and China Gas and Osaka Gas. The peers table on this page compares their profit, growth and price with New Jersey Resources's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



