← NEW JERSEY RESOURCES CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $131.7m |
$132.1m
+0.30%
|
$233.4m
+76.76%
|
$169.5m
-27.39%
|
$193.9m
+14.40%
|
$117.9m
-39.21%
|
$274.9m
+133.20%
|
$264.7m
-3.71%
|
$289.8m
+9.46%
|
$335.6m
+15.82%
|
— | |
| Depreciation, Depletion and Amortization | $72.7m | $81.8m | $85.7m | $91.7m | $119.9m | $111.4m | $129.2m | $152.9m | $166.6m | $188.8m | $201.7m | |
| Capitalized Computer Software, Amortization | — | — | — | — | $63k | $447k | $452k | $500k | — | — | — | |
| Amortization of acquired wholesale energy contracts | $0 | $762k | $18.2m | $8.4m | $4.9m | $4.6m | $2.6m | $2.3m | $125k | $0 | — | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $129.2m | $152.9m | $166.6m | $188.8m | $201.7m | |
| Deferred Income Tax Expense (Benefit) | $27.7m | $41.4m | $15.6m | ($59.0m) | ($9.1m) | $23.8m | $81.7m | $30.5m | $85.7m | $77.0m | $94.5m | |
| Deferred Income Tax | — | — | — | — | — | — | $81.5m | $29.9m | $84.5m | $75.0m | $94.5m | |
| Deferred Tax | — | — | — | — | — | — | $81.5m | $29.9m | $84.5m | $75.0m | $94.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | $1.9m | $4.2m | $4.6m | $5.7m | $12.6m | — | |
| Share-based Payment Arrangement, Expense | $7.2m | $5.8m | $12.8m | $9.8m | $6.5m | $7.1m | $14.8m | $14.7m | $16.0m | $17.8m | — | |
| Taxes related to stock-based compensation | — | — | — | $1.3m | $647k | ($159k) | ($144k) | ($588k) | ($1.2m) | ($1.9m) | — | |
| Tax withholding payments related to net settled stock compensation | ($3.5m) | ($4.8m) | ($13.8m) | ($7.1m) | ($3.8m) | ($1.9m) | ($4.2m) | ($4.6m) | ($5.7m) | ($12.6m) | — | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | $92.0m | $0 | $0 | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | — | — | — | — | — | — | — | — | — | — | |
| Asset Impairment Charge | — | — | — | — | — | $92.0m | $0 | $0 | — | — | — | |
| Income (Loss) from Equity Method Investments | $9.5m | $13.8m | $13.0m | $13.6m | $14.3m | ($83.2m) | $8.2m | $3.9m | $5.3m | $6.1m | — | |
| Other Nonoperating Income (Expense) | $9.2m | $14.4m | $16.9m | $11.3m | $23.9m | $24.6m | $22.3m | $26.1m | $41.6m | $46.2m | — | |
| Earnings (Loss)es From Equity Investments | — | — | — | — | — | ($3.0m) | $0 | $0 | — | — | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | ($4.5m) | $462k | $1.7m | $4.2m | $5.8m | $3.0m | $0 | $0 | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($67.7m) | $91.9m | ($89.0m) | ($34.4m) | $35.8m | |
| Increase (Decrease) in Accounts Receivable | ($11.3m) | $57.0m | $7.5m | ($63.8m) | ($5.1m) | $81.4m | $16.7m | ($112.6m) | $12.7m | $15.1m | ($26.5m) | |
| Receivables | $11.3m | ($57.0m) | ($7.5m) | $63.8m | $5.1m | ($81.4m) | ($16.7m) | $112.6m | ($12.7m) | ($15.1m) | ($26.5m) | |
| Increase (Decrease) in Inventories | $46.0m | ($3.0m) | ($15.5m) | ($14.3m) | $3.3m | $25.3m | $80.8m | ($67.4m) | $11.1m | $21.6m | $10.9m | |
| Inventories | ($46.0m) | $3.0m | $15.5m | $14.3m | ($3.3m) | ($25.3m) | ($80.8m) | $67.4m | ($11.1m) | ($21.6m) | $10.9m | |
| Change In Inventory | — | — | — | — | — | — | ($80.8m) | $67.4m | ($11.1m) | ($21.6m) | $10.9m | |
| Increase (Decrease) in Accounts Payable | ($15.7m) | $13.1m | $40.4m | $2.3m | — | — | — | — | — | — | $8.4m | |
| Accounts payable and other | ($15.7m) | $13.1m | $40.4m | $2.3m | $20.4m | $30.1m | ($34.3m) | $7.5m | $15.6m | $6.2m | $8.4m | |
| Deferred revenue | — | — | — | — | $1.9m | ($1.8m) | $33.8m | $934k | ($39.8m) | $1.0m | — | |
| Accrued capital expenditures | $48.9m | $21.8m | $30.6m | $30.7m | $19.4m | $64.6m | $34.7m | $25.9m | $22.5m | $61.0m | — | |
| Increase (Decrease) in Other Operating Assets | ($3.4m) | ($10.3m) | $3.6m | ($2.0m) | ($656k) | $2.6m | ($5.3m) | $2.1m | $7.7m | $7.5m | — | |
| Other current assets and liabilities | $3.4m | $10.3m | ($3.6m) | $2.0m | $656k | ($2.6m) | $5.3m | ($2.1m) | ($7.7m) | ($7.5m) | — | |
| Change In Other Current Assets | — | — | — | — | — | $13.7m | ($38.4m) | ($97.8m) | — | — | ($100.7m) | |
| Change In Other Current Liabilities | — | — | — | — | — | ($3.5m) | $48.4m | $128.1m | — | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $142.6m |
$248.0m
+73.91%
|
$398.3m
+60.57%
|
$189.3m
-52.46%
|
$213.5m
+12.74%
|
$391.0m
+83.13%
|
$323.5m
-17.26%
|
$479.0m
+48.07%
|
$427.4m
-10.77%
|
$466.3m
+9.11%
|
$659.0m
+41.30%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $176.1m | $144.1m | $206.9m | $300.0m | — | — | ($598.4m) | ($540.9m) | ($571.3m) | ($706.1m) | ($815.4m) | |
| Equivalent value of ITCs recognized on equipment financing | — | $0 | $0 | ($6.5m) | ($6.5m) | ($6.5m) | ($7.5m) | ($7.0m) | ($15.3m) | ($17.0m) | — | |
| Manufactured gas plant remediation costs | ($8.1m) | ($10.9m) | ($16.2m) | ($13.9m) | ($7.7m) | ($17.5m) | ($17.5m) | ($9.6m) | ($23.5m) | ($12.9m) | — | |
| Capital Expenditure Reported | $176.1m | $144.1m | $206.9m | $300.0m | — | — | ($598.4m) | ($540.9m) | ($571.3m) | ($706.1m) | ($815.4m) | |
| Net Cash Provided by (Used in) Investing Activities | ($363.2m) | ($390.7m) | ($373.1m) | ($282.6m) | ($994.0m) | ($622.1m) | ($590.6m) | ($538.6m) | ($569.1m) | ($568.3m) | ($815.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $13.3m | $97.9m | $165.5m | $218.6m | — | — | — | — | — | — | ($50.9m) | |
| Proceeds from Issuance of Long-term Debt | $275.0m | $100.0m | $225.0m | $467.9m | $660.0m | $0 | $360.0m | $225.0m | $250.0m | $300.0m | $481.5m | |
| Proceeds from long-term debt | $275.0m | $100.0m | $225.0m | $467.9m | $660.0m | $0 | $360.0m | $225.0m | $250.0m | $300.0m | — | |
| Payments of long-term debt | ($13.3m) | ($97.9m) | ($165.5m) | ($218.6m) | ($20.3m) | ($18.0m) | ($68.3m) | ($71.9m) | ($125.1m) | ($206.9m) | — | |
| (Payments of) proceeds from short-term debt, net | $55.4m | $144.3m | ($114.0m) | ($126.5m) | $99.9m | $251.9m | ($103.3m) | ($21.9m) | $39.7m | ($96.2m) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $551.4m | $401.2m | $323.5m | $562.9m | $481.5m | |
| Long Term Debt Issuance | — | — | — | — | — | — | $551.4m | $401.2m | $323.5m | $562.9m | $481.5m | |
| Long Term Debt Payments | — | — | — | — | — | — | ($68.3m) | ($221.9m) | ($125.1m) | ($206.9m) | ($50.9m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $379.7m | $157.4m | $238.1m | $259.8m | $344.0m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $483.0m | $179.3m | $198.4m | $356.0m | $430.6m | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | ($103.3m) | ($21.9m) | $39.7m | ($96.2m) | ($86.7m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($68.3m) | ($221.9m) | ($125.1m) | ($206.9m) | ($50.9m) | |
| Payments for Repurchase of Common Stock | $1.0m | $6.4m | $0 | $0 | — | $27.2m | $0 | $0 | — | — | — | |
| Payments of Ordinary Dividends, Common Stock | $82.4m | $88.0m | $95.8m | $104.1m | $117.8m | $117.0m | $127.7m | $151.0m | $165.1m | $180.1m | ($188.7m) | |
| Proceeds from Issuance of Common Stock | $16.0m | $17.5m | $17.1m | $16.7m | $18.1m | $15.1m | $14.7m | $42.8m | $59.7m | $19.9m | $41.8m | |
| Payments of common stock dividends | ($82.4m) | ($88.0m) | ($95.8m) | ($104.1m) | ($117.8m) | ($117.0m) | ($127.7m) | ($151.0m) | ($165.1m) | ($180.1m) | — | |
| Proceeds from waiver discount issuance of common stock | $0 | $0 | $41.7m | $57.4m | $0 | $0 | $0 | $42.8m | $59.7m | $19.9m | — | |
| Proceeds from issuance of common stock - DRP | — | — | — | — | $18.1m | $15.1m | $14.7m | $15.0m | $14.7m | $14.9m | $41.8m | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($127.7m) | ($151.0m) | ($165.1m) | ($180.1m) | ($188.7m) | |
| Common Stock Issuance | — | — | — | — | — | — | $14.7m | $57.8m | $74.4m | $34.8m | $41.8m | |
| Common Stock Payments | — | — | — | — | — | ($27.2m) | $0 | $0 | — | — | $0 | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $14.7m | $57.8m | $74.4m | $34.8m | $41.8m | |
| Repurchase Of Capital Stock | — | — | — | — | — | ($27.2m) | $0 | $0 | — | — | $0 | |
| Dividends Payable, Current | — | — | — | — | — | — | — | — | — | $47.7m | — | |
| Dividends Payable | $22.0m | $23.6m | $25.8m | $28.1m | $31.9m | $34.8m | $37.5m | $41.0m | $44.8m | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($127.7m) | ($151.0m) | ($165.1m) | ($180.1m) | ($188.7m) | |
| Dividends Received CFI | — | — | — | — | — | — | $2.3m | $2.3m | $2.2m | $612k | ($13k) | |
| Net Other Financing Charges | — | — | — | — | — | — | ($4.2m) | ($4.6m) | ($5.7m) | ($12.6m) | ($7.9m) | |
| Net Cash Provided by (Used in) Financing Activities | $253.2m |
$107.3m
-57.62%
|
($26.0m)
-124.19%
|
$95.6m
+468.34%
|
$895.9m
+837.12%
|
$117.8m
-86.85%
|
$262.5m
+122.90%
|
$59.7m
-77.26%
|
$141.8m
+137.47%
|
$102.0m
-28.08%
|
$189.3m
+85.65%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $2.5m | $1.7m | $2.4m | $115.4m | ($113.4m) | ($4.6m) | $65k | $95k | $37k | $35.1m | |
| Cash, cash equivalents and restricted cash at beginning of period | — | $2.5m | $1.7m | $4.1m | $119.4m | $6.0m | $1.5m | $1.5m | $1.6m | $1.6m | — | |
| Beginning Cash Position | — | — | — | — | — | — | $6.0m | $1.5m | $1.5m | $1.6m | $2.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($36.6m) | ($759k) | $4.1m | $119.4m | $6.0m | $1.5m | $1.5m | $1.6m | $1.6m | $35.1m | |
| Change in cash, cash equivalents and restricted cash | — | ($36.6m) | ($759k) | $2.4m | $115.4m | ($113.4m) | ($4.6m) | $65k | $95k | $37k | — | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $32.0m | $44.4m | $44.8m | $50.4m | $66.1m | $78.7m | $84.4m | $108.2m | $120.2m | $130.3m | — | |
| Income Taxes Paid, Net | ($3.5m) | ($6.9m) | $5.6m | $12.6m | $7.6m | $6.4m | $4.3m | $4.3m | $21.3m | $9.9m | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $1.2m | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | $46.9m | ($11.2m) | $26.8m | $1.8b | $1.1b | $1.3b | $1.7b | $834.4m | $560.6m | $713.9m | — | |
| Gain (Loss) on Disposition of Assets | — | $7.3m | $5.3m | $1.6m | — | — | — | — | — | $58.2m | — | |
| Gain (Loss) on Disposition of Business | — | — | $4.7m | $645k | $0 | $0 | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $23.5m | $18.3m | ($53.8m) | ($37.8m) | ($6.9m) | $33.3m | $76.2m | $49.3m | $84.9m | $97.0m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $130.3m | $128.6m | — | |
| Investment Income, Interest | $128k | $2.0m | $614k | $1.6m | $3.0m | $2.2m | $2.7m | $8.9m | $8.7m | — | — | |
| Operating Expenses | $1.7b | $2.1b | $2.7b | $2.4b | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Unrealized Gain (Loss) on Derivatives | ($46.9m) | $11.2m | ($26.8m) | ($2.9m) | $9.6m | ($54.2m) | $59.9m | $38.1m | ($19.6m) | $12.1m | — | |
| Unrealized (gain) loss on derivative instruments | $46.9m | ($11.2m) | $26.8m | $2.9m | ($9.6m) | $54.2m | ($59.9m) | ($38.1m) | $19.6m | ($12.1m) | — | |
| Gain on sale of assets | — | — | ($5.3m) | ($1.6m) | $0 | $0 | — | $0 | $0 | ($58.2m) | — | |
| Allowance for equity used during construction | ($4.4m) | ($3.9m) | ($5.5m) | ($6.5m) | ($17.1m) | ($20.3m) | ($11.2m) | ($7.1m) | ($6.9m) | ($10.0m) | — | |
| Allowance for doubtful accounts | $1.6m | $2.0m | $2.6m | $2.4m | $2.2m | $19.0m | $2.4m | $1.6m | $1.2m | $10.0m | — | |
| Non-cash lease expense | — | — | $0 | $0 | $3.9m | $3.9m | $4.8m | $3.7m | $4.7m | $4.5m | — | |
| Cost of removal - asset retirement obligations | ($403k) | ($484k) | ($298k) | ($258k) | ($245k) | ($1.1m) | ($1.3m) | ($1.5m) | ($1.7m) | ($2.0m) | — | |
| Contributions to postemployment benefit plans | ($33.4m) | ($6.1m) | ($6.4m) | ($8.2m) | ($9.0m) | ($7.7m) | ($6.8m) | ($4.7m) | ($2.7m) | ($1.0m) | — | |
| Components of working capital | ($123.3m) | $17.1m | $97.0m | ($27.8m) | ($8.1m) | $10.3m | ($77.7m) | $61.5m | ($61.1m) | ($31.9m) | — | |
| Other noncurrent assets and liabilities | — | — | — | — | — | — | $10.0m | $30.4m | ($28.0m) | ($2.5m) | — | |
| Payments to acquire PP&E | ($176.1m) | ($144.1m) | ($206.9m) | ($300.0m) | ($448.1m) | ($574.3m) | ($559.1m) | ($500.4m) | ($522.9m) | ($660.0m) | — | |
| Cost of removal | ($29.1m) | ($32.1m) | ($47.6m) | ($40.2m) | ($22.1m) | ($50.3m) | ($39.3m) | ($40.6m) | ($48.4m) | ($46.0m) | — | |
| Distribution from equity investees in excess of equity in earnings | $2.4m | $2.7m | $3.1m | $2.4m | $1.9m | $3.2m | $2.3m | $2.3m | $2.2m | $612k | — | |
| Proceeds from sale of assets | $748k | $9.4m | $0 | $0 | — | — | — | $0 | $0 | $137.2m | — | |
| Payments of term loan | — | — | $0 | $0 | ($350.0m) | $0 | $0 | ($150.0m) | $0 | $0 | — | |
| Proceeds from sale leaseback transactions - solar | $0 | $32.9m | $71.5m | $0 | $42.9m | $17.7m | $24.1m | $167.8m | $64.7m | $251.2m | — | |
| Proceeds from sale leaseback transactions - natural gas meters | — | — | $7.8m | $9.9m | $4.0m | $0 | $17.3m | $8.4m | $8.8m | $11.7m | — | |
| Recovery of natural gas costs | ($39.6m) | ($90k) | $30.4m | ($15.7m) | $17.5m | ($13.1m) | $1.0m | ($14.4m) | $734k | $6.9m | — | |
| Natural gas purchases payable | ($12.0m) | $20.7m | $51.2m | ($74.0m) | ($41.3m) | $72.8m | $66.4m | ($183.8m) | $6.2m | $5.1m | — | |
| Natural gas purchases payable - related parties | ($411k) | $2k | ($1k) | ($360k) | $1k | $70k | ($10k) | $8k | $16k | ($234k) | — | |
| Prepaid expenses | — | — | $2.0m | ($1.2m) | $2.5m | ($1.5m) | ($406k) | ($1.2m) | ($2.0m) | $906k | — | |
| Restricted broker margin accounts | ($38.8m) | $22.6m | ($31.0m) | ($22.0m) | ($6.1m) | $28.0m | ($51.2m) | $46.4m | $19.5m | ($1.3m) | — | |
| Customers’ credit balances and deposits | $12.0m | ($5.9m) | $368k | ($209k) | ($1.2m) | $6.7m | $660k | $11.7m | ($6.3m) | ($7.3m) | — | |
| Interest (net of amounts capitalized) | $32.0m | $44.4m | $44.8m | $50.4m | $66.1m | $78.7m | $84.4m | $108.2m | $120.2m | $130.3m | — | |
| Notes receivable recognized as non-cash investing activity | — | — | — | — | — | — | — | $0 | $0 | $42.5m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $262.5m | $59.7m | $141.8m | $102.0m | $189.3m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($590.6m) | ($538.6m) | ($569.1m) | ($568.3m) | ($815.1m) | |
| Change In Account Payable | — | — | — | — | — | — | ($34.3m) | $7.5m | $15.6m | $6.2m | $8.4m | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($4.6m) | $65k | $95k | $37k | — | |
| Change In Other Working Capital | — | — | — | — | — | — | ($1.9m) | $89.2m | ($85.1m) | ($9.6m) | $38.9m | |
| Change In Payable | — | — | — | — | — | — | $32.1m | ($176.2m) | $21.9m | $11.0m | $8.4m | |
| Change In Prepaid Assets | — | — | — | — | — | — | ($406k) | ($1.2m) | ($2.0m) | $906k | ($1.2m) | |
| Changes In Cash | — | — | — | — | — | — | ($4.6m) | $65k | $95k | $37k | $33.1m | |
| End Cash Position | — | — | — | — | — | — | $1.5m | $1.5m | $1.6m | $1.6m | $35.1m | |
| Financing Cash Flow | — | — | — | — | — | — | $262.5m |
$59.7m
-77.26%
|
$141.8m
+137.47%
|
$102.0m
-28.08%
|
$189.3m
+85.65%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($274.9m) | ($61.9m) | ($143.9m) | ($239.7m) | ($156.4m) | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($59.9m) | ($38.1m) | $19.6m | ($12.1m) | $2.4m | |
| Investing Cash Flow | — | — | — | — | — | — | ($590.6m) | ($538.6m) | ($569.1m) | ($568.3m) | ($815.1m) | |
| Net Business Purchase And Sale | — | — | — | — | — | ($690k) | $5.5m | $0 | $0 | — | $0 | |
| Operating Gains Losses | — | — | — | — | — | — | ($59.9m) | ($38.1m) | $19.6m | ($70.3m) | ($102k) | |
| Other Non Cash Items | — | — | — | — | — | — | ($37.0m) | ($23.9m) | ($45.2m) | ($38.4m) | — | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $2.4m | $1.6m | $1.2m | $10.0m | $7.7m | |
| Purchase Of Business | — | — | — | — | — | ($690k) | — | $0 | $0 | — | $0 |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.