Operating Income for New Jersey Resources (NJR)
According to New Jersey Resources's latest reported financial statements, the company's current operating income (TTM) is $479.60M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
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TTM (last 4 quarters)
$479.60M
YoY change
-0.2%
5Y CAGR
+20.4%
Peak year (1994)
$498.70M
Cumulative operating income
$9.09B
Operating Income history chart for New Jersey Resources (NJR) from 1985 to 2025
Operating Income history table for New Jersey Resources (NJR) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $435.78M | -0.2% | ||
| 2024 | $436.70M | +45.7% | ||
| 2023 | $299.83M | -24.5% | ||
| 2022 | $397.07M | +31.9% | ||
| 2021 | $301.05M | +74.8% | ||
| 2020 | $172.20M | +7.3% | ||
| 2019 | $160.47M | -31.3% | ||
| 2018 | $233.44M | +45.4% | ||
| 2017 | $160.54M | +18.2% | ||
| 2016 | $135.77M | -5.0% | ||
| 2015 | $142.94M | -68.6% | ||
| 2014 | $454.63M | +234.3% | ||
| 2013 | $136.00M | +498.9% | ||
| 2012 | $22.71M | -77.7% | ||
| 2011 | $101.88M | -45.8% | ||
| 2010 | $188.13M | +291.4% | ||
| 2009 | $48.07M | -76.1% | ||
| 2008 | $201.45M | +58.3% | ||
| 2007 | $127.25M | -67.2% | ||
| 2006 | $388.38M | +180.7% | ||
| 2005 | $138.37M | +8.8% | ||
| 2004 | $127.22M | +4.8% | ||
| 2003 | $121.35M | +16.3% | ||
| 2002 | $104.38M | +4.6% | ||
| 2001 | $99.81M | +6.3% | ||
| 2000 | $93.91M | +7.3% | ||
| 1999 | $87.52M | +4.3% | ||
| 1998 | $83.90M | +2.2% | ||
| 1997 | $82.10M | +4.9% | ||
| 1996 | $78.30M | +4.0% | ||
| 1995 | $75.30M | -84.9% | ||
| 1994 | $498.70M | +9.7% | ||
| 1993 | $454.70M | +10.3% | ||
| 1992 | $412.30M | +23.1% | ||
| 1991 | $334.90M | +3.1% | ||
| 1990 | $324.80M | -1.5% | ||
| 1989 | $329.90M | +11.7% | ||
| 1988 | $295.40M | +9.7% | ||
| 1987 | $269.20M | +6.4% | ||
| 1986 | $253.10M | -10.7% | ||
| 1985 | $283.30M | — |
Operating Income values are taken from New Jersey Resources's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
New Jersey Resources (NJR) most recent annual operating income stands at $435.78M (2025) – edged down 0.2% year-over-year.
New Jersey Resources operating income has recorded the values shown across consecutive periods, with a +20.4% compound annual growth rate over 2020–2025 (5 years).
Between 1994 and 2025, New Jersey Resources operating income declined 12.6%, falling from $498.70M to $435.78M.
$498.70M stands as the all-time-high annual operating income, posted in 1994, against a low of $22.71M during 2012.
Within Utilities, New Jersey Resources (NJR) ranks 9th among 8 peers we track. The peer median for operating income is $4.86B.
New Jersey Resources Operating Income by Year
New Jersey Resources Operating Income 2025: $435.78M
New Jersey Resources operating income in 2025 was $435.78M, edged down 0.2% below 2024.
New Jersey Resources Operating Income 2024: $436.70M
New Jersey Resources operating income in 2024 was $436.70M, surged 45.7% from 2023.
New Jersey Resources Operating Income 2023: $299.83M
New Jersey Resources operating income in 2023 was $299.83M, declined 24.5% below 2022.
New Jersey Resources Operating Income 2022: $397.07M
New Jersey Resources operating income in 2022 was $397.07M, surged 31.9% from 2021.
New Jersey Resources Operating Income 2021: $301.05M
New Jersey Resources operating income in 2021 was $301.05M.
See more financial history for New Jersey Resources (NJR).
Sector peers — Operating Income
Companies in the same sector as New Jersey Resources, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Duke Energy Corporation (DUK) | $8.58B | Utilities |
| NextEra Energy, Inc. (NEE) | $8.28B | Utilities |
| The Southern Company (SO) | $7.27B | Utilities |
| American Electric Power Company, Inc. (AEP) | $5.30B | Utilities |
| Dominion Energy, Inc. (D) | $4.41B | Utilities |
| Sempra (SRE) | $3.25B | Utilities |
| Constellation Energy Corporation (CEG) | $3.09B | Utilities |
| GE Vernova Inc. (GEV) | $1.39B | Utilities |
Frequently asked questions
What is New Jersey Resources's operating income?
- Latest reported operating income for New Jersey Resources (NJR) is $479.60M (period ending December 31, 2025).
How has New Jersey Resources operating income changed year-over-year?
- New Jersey Resources (NJR) operating income changed -0.2% year-over-year on the latest annual filing.
What is the long-term growth rate of New Jersey Resources operating income?
- New Jersey Resources (NJR) operating income compound annual growth rate is +20.4% over the most recent 5 years available.
When did New Jersey Resources operating income hit its highest annual value?
- New Jersey Resources operating income reached its highest annual value of $498.70M in 1994.
What was New Jersey Resources operating income in 2024?
- New Jersey Resources (NJR) operating income in 2024 was $436.70M.
What was New Jersey Resources operating income in 2025?
- New Jersey Resources (NJR) operating income in 2025 was $435.78M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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