NewJersey Resources Corporation
NJR
Jodie read · what matters now
Revenue increased 12.7% versus the comparable filing period.
The story is only the start. Jodie keeps watching the filing evidence, the companies connected to NJR, and whether its market group begins moving.
Latest filing assessment · baseline
The latest filing presents a mixed picture
10-Q filed 2026-05-05 against the comparable filing from 2025-05-06.
What improved
- Revenue increased 12.7% versus the comparable filing period.
What weakened
- Operating margin fell 2.2 percentage points.
- Net margin fell 1.8 percentage points.
Filing receipts
“primarily to the following factors: • $2.2M increase in interest expense, net of capitalized interest due to higher outstanding long-term debt; and • $1.6M increase in depreciation expense as a result of additional capital expenditures for commercial solar projects; partially offset by • $2.0M increase in operating revenues due to higher REC sales.”
“Net income decreased approximately $39.8M during the six months ended March 31, 2026, compared with the six months ended March 31, 2025, due primarily to the following factors: • $55.5M decrease due to the gain on the sale of the residential solar portfolio in the prior period; and • $4.2M increase in interest expense, net of capitalized interest due to higher outstanding long-term debt; partially offset by • $12.2M decrease in income tax expense related to lower operating income; and • $7.3M increase in operating revenues due to higher REC sales.”
“Effects of Inflation Any change in price levels has an effect on operating results due to the capital-intensive and regulated nature of our utility subsidiary.”
Retrospective baseline calibration. It was generated after the filing date and is not part of Jodie's live track record.
Who this business touches
The relationships behind NJR
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Filing peers
Companies whose filings use similar operating language.
You can see the shape of the network here. Pro opens 5 more links, the original filing receipts, and alerts when connected names begin moving. See Pro →
What is moving around it
Live connections
NJR is currently a Leader in the organic co-movement group Regulated Utilities. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.
Theme membership history
No durable theme membership has been observed for this name yet.