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
Total Revenue $1.9b
$2.3b +20.61%
$2.9b +28.50%
$2.6b -11.08%
$2.0b -24.63%
$2.2b +10.39%
$2.9b +34.75%
$2.0b -32.45%
$1.8b -8.48%
$2.0b +13.35%
$2.2b +9.48%
Cost of Revenue $1.1b
$1.4b +26.11%
$2.0b +38.57%
$1.4b
Gross Profit $741.6m
$831.9m +12.17%
$924.3m +11.11%
$860.4m
Operating Expenses $1.7b $2.1b $2.7b $2.4b $1.7b $1.9b $2.5b $1.6b $1.3b $1.5b $1.7b
Operating Income (Loss) $167.5m
$167.0m -0.29%
$196.1m +17.38%
$153.9m -21.49%
$216.4m +40.57%
$288.4m +33.26%
$406.5m +40.97%
$407.0m +0.13%
$458.1m +12.56%
$508.9m +11.08%
$550.4m +8.17%
Investment Income, Interest $128k $2.0m $614k $1.6m $3.0m $2.2m $2.7m $8.9m $8.7m
Gain on sale of assets $0 $0 ($58.2m)
Gain (Loss) on Derivative Instruments, Net, Pretax $1.8b $1.1b $1.3b $1.7b $834.4m $560.6m $713.9m
Other Nonoperating Income (Expense) $9.2m $14.4m $16.9m $11.3m $23.9m $24.6m $22.3m $26.1m $41.6m $46.2m
Interest Expense (non-operating) $31.0m $44.9m $46.3m $47.1m $67.6m $78.6m $85.8m $123.0m $130.3m $128.6m $136.3m
Other income, net $9.2m $14.4m $16.9m $11.3m $23.9m $24.6m $22.3m $26.1m $41.6m $46.2m $51.1m
INCOME BEFORE INCOME TAXES AND EQUITY IN EARNINGS OF AFFILIATES $145.7m $136.6m $166.6m $118.1m $172.7m $234.4m $342.9m $310.1m $369.4m $426.5m $465.2m
Income Tax Expense (Benefit) $23.5m $18.3m ($53.8m) ($37.8m) ($6.9m) $33.3m $76.2m $49.3m $84.9m $97.0m $106.9m
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%
$366.2m +9.10%
Earnings Per Share, Basic $1.53 $1.53 $2.66 $1.90 $2.05 $1.23 $2.86 $2.73 $2.94 $3.35 $3.63
Earnings Per Share, Diluted $1.52 $1.52 $2.64 $1.89 $2.04 $1.22 $2.85 $2.71 $2.92 $3.33 $3.61
Common Stock, Dividends, Per Share, Declared $0.97 $1.04 $1.11 $1.19 $1.27 $1.36 $1.48 $1.59 $1.71 $1.82
Weighted Average Number of Shares Outstanding, Basic 85.9m 86.3m 87.7m 89.2m 94.8m 96.2m 96.1m 97.0m 98.6m 100.2m 100.8m
Basic (in shares) $85.9m $86.3m $87.7m $89.2m $94.8m $96.2m $96.1m $97.0m $98.6m $100.2m $100.8m
Weighted Average Number of Shares Outstanding, Diluted 86.7m 87.1m 88.3m 89.6m 95.1m 96.6m 96.5m 97.6m 99.3m 100.8m 101.3m
Additional Financial Items
Capitalized Computer Software, Amortization $63k $447k $452k $500k
Other Cost and Expense, Operating $208.4m $226.4m $266.9m $257.0m $278.1m $366.9m $361.9m $373.6m $394.6m $410.5m
Utility $205.0m $258.7m $276.0m $710.8m $729.9m $731.5m $1.1b $1.0b $1.0b $1.3b
Nonutility $1.1b $1.4b $2.2b $1.9b $1.2b $1.4b $1.8b $951.7m $778.1m $734.9m
Natural gas purchases $1.1b $1.4b $2.0b $2.0b $1.3b $1.3b $1.9b $971.7m $709.8m $893.3m
Related parties $8.4m $8.3m $8.5m $7.9m $6.1m $7.0m $7.4m $7.2m $7.1m $6.0m
Operation and maintenance $208.4m $226.4m $266.9m $257.0m $278.1m $366.9m $361.9m $373.6m $394.6m $410.5m
Regulatory rider expenses $39.3m $40.2m $39.0m $33.9m $34.5m $38.3m $59.4m $50.5m $60.3m $87.2m
Depreciation and amortization $72.7m $81.8m $85.7m $91.7m $119.9m $111.4m $129.2m $152.9m $166.6m $188.8m $201.7m
Equity in earnings of affiliates $9.5m $13.8m $13.0m $13.6m $14.3m ($83.2m) $8.2m $3.9m $5.3m $6.1m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.