New Jersey Resources Corporation

DB:NJ1 Stock Report

Market Cap: €4.6b

New Jersey Resources Past Earnings Performance

Past criteria checks 3/6

New Jersey Resources has been growing earnings at an average annual rate of 14.8%, while the Gas Utilities industry saw earnings growing at 2.4% annually. Revenues have been declining at an average rate of 2.2% per year. New Jersey Resources's return on equity is 13.2%, and it has net margins of 16.1%.

Key information

14.8%

Earnings growth rate

13.5%

EPS growth rate

Gas Utilities Industry Growth8.1%
Revenue growth rate-2.2%
Return on equity13.2%
Net Margin16.1%
Next Earnings Update03 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How New Jersey Resources makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:NJ1 Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,797290110
30 Jun 241,732236110
31 Mar 241,721249110
31 Dec 231,707238110
30 Sep 231,963265100
30 Jun 232,397282100
31 Mar 232,685294100
31 Dec 222,954280110
30 Sep 222,906275110
30 Jun 222,673219110
31 Mar 222,48894110
31 Dec 212,378148100
30 Sep 212,157118100
30 Jun 212,024152130
31 Mar 211,95624480
31 Dec 201,79316880
30 Sep 201,95416300
30 Jun 202,03314820
31 Mar 202,16915950
31 Dec 192,39515930
30 Sep 192,59212400
30 Jun 192,76013510
31 Mar 192,86912920
31 Dec 183,02219640
30 Sep 182,91523300
30 Jun 182,80421330
31 Mar 182,71824620
31 Dec 172,43322100
30 Sep 172,26913240
30 Jun 172,20119400
31 Mar 172,13715800
31 Dec 161,97811600
30 Sep 161,88113200
30 Jun 161,85011000
31 Mar 161,91512000
31 Dec 152,35410800
30 Sep 152,73418100
30 Jun 152,88815200
31 Mar 153,11714600
31 Dec 143,68425800
30 Sep 143,73814200
30 Jun 143,88014600
31 Mar 143,95919000

Quality Earnings: NJ1 has high quality earnings.

Growing Profit Margin: NJ1's current net profit margins (16.1%) are higher than last year (13.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NJ1's earnings have grown by 14.8% per year over the past 5 years.

Accelerating Growth: NJ1's earnings growth over the past year (9.5%) is below its 5-year average (14.8% per year).

Earnings vs Industry: NJ1 earnings growth over the past year (9.5%) did not outperform the Gas Utilities industry 18.5%.


Return on Equity

High ROE: NJ1's Return on Equity (13.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 03:48
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

New Jersey Resources Corporation is covered by 19 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gary HovisArgus Research Company
Jim HarmonBarclays
Richard GrossBarclays