New Jersey Resources Corporation (NJR)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 1,953 | 2,127 | 2,915 | 1,929 | 1,784 | 2,033 | 2,236 | 2,220 |
| Operating profit | $m | 436 | 550 | ||||||
| Net profit | $m | 163 | 118 | 275 | 265 | 290 | 336 | 366 | 361 |
| EPS reported | $ | 3.33 | 3.62 | ||||||
| Operating cashflow per share | $ | 4.65 | 12.37 | ||||||
| Capex per share | $ | 7.04 | 11.62 | ||||||
| FCF per share | $ | -2.39 | 0.75 | ||||||
| Free cash flow | $m | -240 | 76 | ||||||
| Net debt | $m | 3,589 | 3,669 | ||||||
| Book value equity | $m | 2,392 | 2,643 | ||||||
| Book value per share | $ | 23.73 | 25.97 | ||||||
| Number of shares | m | 100.79 | 101.78 | ||||||
| DPS (TTM paid) | $ | 1.85 | 1.92 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 14.46 | 14.00 | ||||||
| P/B LTM | x | 2.02 | 1.83 | ||||||
| P/S LTM | x | 2.37 | 2.16 | ||||||
| P/FCF LTM | x | -20.13 | 63.43 | ||||||
| EV/EBITDA LTM | x | 11.54 | 10.85 | ||||||
| EV/Sales LTM | x | 4.22 | 4.23 | ||||||
| Earnings Yield LTM | % | +6.92% | +7.14% | ||||||
| FCF Yield | % | -4.97% | +1.58% | ||||||
| Quality | |||||||||
| ROE | % | +14.03% | +14.42% | ||||||
| ROIC | % | +4.72% | +5.61% | ||||||
| Operating margin | % | +21.43% | +24.62% | ||||||
| Gross margin | % | +21.43% | +28.27% | ||||||
| FCF/Sales | % | -11.79% | +3.40% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | +14.04% | +23.97% | ||||||
| Sales Growth YoY | % | +13.94% | +25.29% | ||||||
| Net Income Growth YoY | % | +15.82% | +26.36% | ||||||
| FCF Growth | % | - | - | ||||||
| Operating Profit Growth | % | -0.21% | +26.02% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +3.73% | +3.42% | ||||||
| Dividend Growth | % | +6.32% | +10.63% | ||||||
| Payout Ratio | % | +53.65% | +77.55% | ||||||
| FCF/Debt | x | -0.06 | 0.02 | ||||||
| Net Debt/EBITDA | x | 5.05 | 4.86 | ||||||
| EBIT/Net interest | x | 3.39 | 4.04 | ||||||
| Net debt/market cap | % | +74.55% | +65.99% | ||||||
| Net debt/Equity | x | 1.50 | 1.39 | ||||||
| Gross debt/equity | x | 1.58 | 1.47 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
New Jersey Resources Corporation functions as a diversified energy holding company, offering regulated natural gas distribution along with both retail and wholesale energy solutions. The company's business activities are categorized into four primary divisions: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment delivers regulated natural gas utility services to approximately 564,000 residential and business clients situated in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties within New Jersey. This division is also involved in managing capacity and storage, and participates in off-system sales and capacity release markets. Through its Clean Energy Ventures segment, the firm invests in, owns, and operates solar energy projects for commercial and residential applications located in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment provides unregulated wholesale energy management support to other energy enterprises and natural gas producers, concurrently overseeing and trading a collection of physical assets such as natural gas storage and transportation agreements across the United States and Canada. The Storage and Transportation segment concentrates its efforts on investing in facilities for natural gas transportation and storage. Additionally, the company extends its offerings to include heating, ventilation, and cooling (HVAC) services, manages commercial real estate, performs solar equipment installation, conducts plumbing repair and installation, and engages in the sale, installation, and servicing of water appliances. Incorporated in 1981, New Jersey Resources Corporation maintains its corporate headquarters in Wall, New Jersey.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
New Jersey Resources Corporation (NJR)
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
New Jersey Resources Corporation functions as a diversified energy holding company, offering regulated natural gas distribution along with both retail and wholesale energy solutions. The company's business activities are categorized into four primary divisions: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment delivers regulated natural gas utility services to approximately 564,000 residential and business clients situated in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties within New Jersey. This division is also involved in managing capacity and storage, and participates in off-system sales and capacity release markets. Through its Clean Energy Ventures segment, the firm invests in, owns, and operates solar energy projects for commercial and residential applications located in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment provides unregulated wholesale energy management support to other energy enterprises and natural gas producers, concurrently overseeing and trading a collection of physical assets such as natural gas storage and transportation agreements across the United States and Canada. The Storage and Transportation segment concentrates its efforts on investing in facilities for natural gas transportation and storage. Additionally, the company extends its offerings to include heating, ventilation, and cooling (HVAC) services, manages commercial real estate, performs solar equipment installation, conducts plumbing repair and installation, and engages in the sale, installation, and servicing of water appliances. Incorporated in 1981, New Jersey Resources Corporation maintains its corporate headquarters in Wall, New Jersey.
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