New Jersey Resources (NJR) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
1.8B
Gross Profit
685.0M
38.13%
Operating Income
458.1M
25.50%
Net Income
289.8M
16.13%
EPS (Diluted)
$2.92
Balance Sheet Metrics
Total Assets
7.0B
Total Liabilities
4.8B
Shareholders Equity
2.2B
Debt to Equity
2.17
Cash Flow Metrics
Operating Cash Flow
402.4M
Free Cash Flow
-143.9M
Revenue & Profitability Trend
New Jersey Resources Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1.8B | 2.0B | 2.9B | 2.2B | 2.0B |
| Cost of Goods Sold | 1.1B | 1.4B | 2.3B | 1.7B | 1.6B |
| Gross Profit | 685.0M | 610.5M | 595.2M | 438.0M | 370.8M |
| Operating Expenses | 60.3M | 50.5M | 118.9M | 76.6M | 69.1M |
| Operating Income | 458.1M | 407.0M | 406.5M | 288.4M | 228.9M |
| Pre-tax Income | 369.4M | 310.1M | 342.9M | 234.4M | 185.2M |
| Income Tax | 84.9M | 49.3M | 76.2M | 33.3M | 36.5M |
| Net Income | 289.8M | 264.7M | 274.9M | 117.9M | 163.0M |
| EPS (Diluted) | $2.92 | $2.71 | $2.85 | $1.22 | $1.71 |
Income Statement Trend
New Jersey Resources Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 554.6M | 532.1M | 756.1M | 634.3M | 622.3M |
| Non-Current Assets | 6.4B | 6.0B | 5.5B | 5.1B | 4.7B |
| Total Assets | 7.0B | 6.5B | 6.3B | 5.7B | 5.3B |
| Liabilities | |||||
| Current Liabilities | 887.8M | 806.6M | 1.1B | 1.1B | 533.7M |
| Non-Current Liabilities | 3.9B | 3.7B | 3.3B | 3.0B | 3.1B |
| Total Liabilities | 4.8B | 4.5B | 4.4B | 4.1B | 3.7B |
| Equity | |||||
| Total Shareholders Equity | 2.2B | 2.0B | 1.8B | 1.6B | 1.6B |
Balance Sheet Composition
New Jersey Resources Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 289.8M | 264.7M | 274.9M | 117.9M | 163.0M |
| Operating Cash Flow | 402.4M | 730.8M | 325.0M | 157.5M | 265.5M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | -423.9M |
| Investing Cash Flow | 0 | 0 | 5.5M | -690.0K | -949.6M |
| Financing Activities | |||||
| Dividends Paid | -165.1M | -151.0M | -127.7M | -117.0M | -117.8M |
| Financing Cash Flow | 141.8M | 59.7M | 262.5M | 117.8M | 895.9M |
| Free Cash Flow | -143.9M | -61.9M | -274.9M | -233.7M | -256.7M |
Cash Flow Trend
New Jersey Resources Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
11.11
Forward P/E
15.84
Price to Book
2.07
Price to Sales
2.22
PEG Ratio
15.84
Profitability Ratios
Profit Margin
20.03%
Operating Margin
-7.47%
Return on Equity
17.83%
Return on Assets
5.09%
Financial Health
Current Ratio
0.93
Debt to Equity
1.38
Beta
0.64
Per Share Data
EPS (TTM)
$4.12
Book Value per Share
$22.12
Revenue per Share
$20.81
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| njr | 4.6B | 11.11 | 2.07 | 17.83% | 20.03% | 1.38 |
| Atmos Energy | 24.2B | 21.28 | 1.84 | 9.19% | 25.35% | 64.75 |
| NiSource | 18.4B | 21.09 | 2.06 | 9.36% | 14.67% | 136.36 |
| UGI | 7.7B | 14.73 | 1.53 | 10.82% | 7.28% | 140.03 |
| Southwest Gas | 5.6B | 23.94 | 1.50 | 6.36% | 4.66% | 134.26 |
| Brookfield | 5.0B | 4.15 | 1.74 | 22.20% | -6.69% | 432.64 |
Financial data is updated regularly. All figures are in the company's reporting currency.