TTM
27.7%
YoY change
−3.04pp
Trough year (2012)
3.0%
Peak year (1995)
44.8%
Latest annual
21.4%
Gross Margin history chart for New Jersey Resources (NJR) from 1995 to 2025
Latest: 21.4%
Gross Margin change chart for New Jersey Resources (NJR) from 1995 to 2025
Latest: −3.04pp
Gross Margin history table for New Jersey Resources (NJR) from 1995 to 2025
| 2025 | 21.4% | -3.04pp | ||
| 2024 | 24.5% | +8.93pp | ||
| 2023 | 15.5% | +1.92pp | ||
| 2022 | 13.6% | -0.53pp | ||
| 2021 | 14.2% | +5.34pp | ||
| 2020 | 8.8% | +2.21pp | ||
| 2019 | 6.6% | -3.16pp | ||
| 2018 | 9.8% | +0.48pp | ||
| 2017 | 9.3% | -0.23pp | ||
| 2016 | 9.5% | +2.26pp | ||
| 2015 | 7.3% | -6.26pp | ||
| 2014 | 13.5% | +7.47pp | ||
| 2013 | 6.0% | +3.01pp | ||
| 2012 | 3.0% | -2.65pp | ||
| 2011 | 5.7% | -3.59pp | ||
| 2010 | 9.3% | +4.54pp | ||
| 2009 | 4.7% | -2.26pp | ||
| 2008 | 7.0% | +0.72pp | ||
| 2007 | 6.3% | -7.39pp | ||
| 2006 | 13.7% | +7.48pp | ||
| 2005 | 6.2% | -0.81pp | ||
| 2004 | 7.0% | -5.03pp | ||
| 2003 | 12.0% | -2.45pp | ||
| 2002 | 14.5% | +1.51pp | ||
| 2001 | 13.0% | -8.04pp | ||
| 2000 | 21.0% | -4.92pp | ||
| 1999 | 25.9% | -5.98pp | ||
| 1998 | 31.9% | -1.25pp | ||
| 1997 | 33.2% | -7.05pp | ||
| 1996 | 40.2% | -4.56pp | ||
| 1995 | 44.8% | — |
- 202521.4%-3.04pp
- 202424.5%+8.93pp
- 202315.5%+1.92pp
- 202213.6%-0.53pp
- 202114.2%+5.34pp
- 20208.8%+2.21pp
- 20196.6%-3.16pp
- 20189.8%+0.48pp
- 20179.3%-0.23pp
- 20169.5%+2.26pp
- 20157.3%-6.26pp
- 201413.5%+7.47pp
- 20136.0%+3.01pp
- 20123.0%-2.65pp
- 20115.7%-3.59pp
- 20109.3%+4.54pp
- 20094.7%-2.26pp
- 20087.0%+0.72pp
- 20076.3%-7.39pp
- 200613.7%+7.48pp
- 20056.2%-0.81pp
- 20047.0%-5.03pp
- 200312.0%-2.45pp
- 200214.5%+1.51pp
- 200113.0%-8.04pp
- 200021.0%-4.92pp
- 199925.9%-5.98pp
- 199831.9%-1.25pp
- 199733.2%-7.05pp
- 199640.2%-4.56pp
- 199544.8%—
Gross Margin values are taken from New Jersey Resources's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at New Jersey Resources (NJR)
According to New Jersey Resources's latest reported financial statements, the company's latest reported gross margin is 27.7%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
New Jersey Resources (NJR) most recent annual gross margin stands at 21.43% (2025) – contracted 3.0 percentage points year-over-year.
1995 marks the peak gross margin at 44.76%, with the historical low of 3.04% recorded in 2012.
New Jersey Resources Gross Margin by Year
New Jersey Resources Gross Margin 2025: 21.4%
In 2025, New Jersey Resources reported gross margin of 21.43%, contracted 3.0 percentage points from 2024.
New Jersey Resources Gross Margin 2024: 24.5%
New Jersey Resources gross margin in 2024 was 24.47%, expanded 8.9 percentage points from 2023.
New Jersey Resources Gross Margin 2023: 15.5%
2023's gross margin for New Jersey Resources came in at 15.54%, expanded 1.9 percentage points from 2022.
New Jersey Resources Gross Margin 2022: 13.6%
New Jersey Resources posted gross margin of 13.62% in 2022, contracted 0.5 percentage points from 2021.
New Jersey Resources Gross Margin 2021: 14.2%
New Jersey Resources gross margin in 2021 was 14.16%.
See more financial history for New Jersey Resources (NJR).
Sector peers by Gross Margin
Utilities peers of New Jersey Resources (NJR), ranked by their latest gross margin
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