New Jersey Resources Corporation (NJR) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	2.2B	2.0B	1.8B	1.9B	2.9B
Cost of Revenue	1.6B	1.6B	1.3B	1.6B	2.5B
Gross Profit	631.9M	435.8M	436.7M	299.8M	397.1M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	—	—	—	—	—
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	82.7M	—	—	—	—
Total Operating Expenses	82.7M	—	—	—	—
Cost and Expenses	1.7B	1.6B	1.3B	1.6B	2.5B
Operating Income (EBIT)	550.3M	435.8M	436.7M	299.8M	397.1M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	136.3M	128.6M	130.3M	123.0M	85.8M
Net Interest Income	(136.3M)	(128.6M)	(130.3M)	(123.0M)	(85.8M)
Other Non-Op Income/Expense	(77.3M)	(3.2M)	(62.0M)	14.2M	(46.0M)
Non-Operating Income (excl Interest)	(39.2M)	(119.3M)	(63.0M)	(139.0M)	(30.3M)
EBT (Pre-Tax Income)	473.0M	432.6M	374.7M	314.0M	351.1M
Income Tax Expense	106.9M	97.0M	84.9M	49.3M	76.2M
Bottom Line
Net Income	366.2M	335.6M	289.8M	264.7M	274.9M
Earnings from Cont. Ops	366.2M	335.6M	289.8M	264.7M	274.9M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	366.2M	335.6M	289.8M	264.7M	274.9M
Per Share
Basic EPS	$3.64	$3.35	$2.94	$2.73	$2.86
Diluted EPS	$3.62	$3.33	$2.92	$2.71	$2.85
Revenue Per Share	$22.12	$20.28	$18.09	$19.88	$30.33
Shares
Basic Shares Outstanding	101.1M	100.2M	98.6M	97.0M	96.1M
Diluted Shares Outstanding	101.8M	100.8M	99.3M	97.6M	96.5M
Profitability Metrics
EBITDA	791.2M	743.9M	666.3M	594.1M	565.0M
D&A	201.7M	188.8M	166.7M	155.2M	137.6M
EBIT	589.5M	555.1M	499.7M	438.9M	427.4M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026