How New Jersey Resources (NJR) Makes Money: A Visual Guide
New Jersey Resources (NJR) generated $2.21B in revenue, earning $341.42M in net profit (15.4% margin). Its largest revenue source is Natural Gas Distribution (64.3% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
In TTM through Q1 2026, New Jersey Resources (NJR) generated revenue across 5 reportable product segments; the largest contributor was Natural Gas Distribution at 64.3%, followed by Energy Services (22.2%) and Clean Energy Ventures (5.5%).
New Jersey Resources (NJR) Income Statement Flow — TTM through Q1 2026
Calculated from the four most recent reported quarters, ending (reported ).
New Jersey Resources (NJR) Revenue by Product Segment — TTM through Q1 2026
Revenue contribution by product segment for New Jersey Resources (NJR) in TTM through Q1 2026.
Natural Gas Distribution
- Revenue
- $1.42B
- % of total
- 64.3%
Energy Services
- Revenue
- $490.93M
- % of total
- 22.2%
Clean Energy Ventures
- Revenue
- $121.53M
- % of total
- 5.5%
Storage And Transportation
- Revenue
- $113.59M
- % of total
- 5.1%
Home Services and Other
- Revenue
- $63.79M
- % of total
- 2.9%
Total
- Revenue
- $2.21B
- % of total
- 100%
| Segment | Revenue | % of total |
|---|---|---|
| Natural Gas Distribution | $1.42B | 64.3% |
| Energy Services | $490.93M | 22.2% |
| Clean Energy Ventures | $121.53M | 5.5% |
| Storage And Transportation | $113.59M | 5.1% |
| Home Services and Other | $63.79M | 2.9% |
| Total | $2.21B | 100% |
Frequently asked questions
How does New Jersey Resources (NJR) make money?
New Jersey Resources (NJR) primarily makes money through Natural Gas Distribution, which accounts for 64.3% of total revenue. For TTM through Q1 2026, New Jersey Resources generated $2.21B in total revenue with a net profit margin of 15.4%.
What is New Jersey Resources (NJR) gross profit margin?
New Jersey Resources (NJR) reported a gross profit margin of 27.7% for TTM through Q1 2026, equivalent to $613.25M in gross profit. This means New Jersey Resources retains 27.7% of each revenue unit after direct costs of production.
What is New Jersey Resources (NJR) operating profit margin?
New Jersey Resources (NJR) reported an operating profit margin of 24.1% for TTM through Q1 2026, equivalent to $531.64M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is New Jersey Resources (NJR) net profit margin?
New Jersey Resources (NJR) reported a net profit margin of 15.4% for TTM through Q1 2026, equivalent to $341.42M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does New Jersey Resources (NJR) spend on capital expenditures?
New Jersey Resources (NJR) spent $804.83M on capital expenditures in TTM through Q1 2026 (36.4% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is New Jersey Resources (NJR) free cash flow?
New Jersey Resources (NJR) generated −$160.87M in free cash flow for TTM through Q1 2026 (-7.3% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is New Jersey Resources (NJR) effective tax rate?
New Jersey Resources (NJR) had an effective tax rate of 22.4% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.
What are New Jersey Resources (NJR) main revenue segments?
New Jersey Resources (NJR) reports revenue across 5 reportable product segments, led by Natural Gas Distribution at 64.3% of total revenue in TTM through Q1 2026. The full segment-by-segment breakdown is shown in the revenue-by-segment table on this page.
Data & methodology
What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
Where do segment and geographic numbers come from?
Product-segment shares come from the same TTM income statement that powers the Sankey chart. Geographic splits are first rebuilt from the four most recent quarterly geographic-segmentation filings so they align with the same TTM window; if quarterly geo data is missing, we fall back to the latest annual disclosure (the table heading shows which one is in use).
When was this data last updated?
Based on company filings through TTM through Q1 2026.
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