​

New Jersey Resources (NJR) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

New Jersey Resources Revenue Highlights

Latest Revenue (Y)

$1.80B

Latest Revenue (Q)

$275.64M

Main Segment (Y)

Natural Gas Utility

New Jersey Resources Revenue by Period

New Jersey Resources Revenue by Year

DateRevenueChange
2024-09-30$1.80B-8.48%
2023-09-30$1.96B-32.45%
2022-09-30$2.91B34.75%
2021-09-30$2.16B10.39%
2020-09-30$1.95B-24.63%
2019-09-30$2.59B-11.08%
2018-09-30$2.92B28.50%
2017-09-30$2.27B20.61%
2016-09-30$1.88B-31.20%
2015-09-30$2.73B-26.86%
2014-09-30$3.74B16.89%
2013-09-30$3.20B42.20%
2012-09-30$2.25B-25.27%
2011-09-30$3.01B14.02%
2010-09-30$2.64B1.81%
2009-09-30$2.59B-32.07%
2008-09-30$3.82B26.29%
2007-09-30$3.02B-8.42%
2006-09-30$3.30B4.81%
2005-09-30$3.15B24.26%
2004-09-30$2.53B-0.42%
2003-09-30$2.54B38.98%
2002-09-30$1.83B-10.63%
2001-09-30$2.05B75.90%
2000-09-30$1.16B28.78%
1999-09-30$904.27M27.31%
1998-09-30$710.30M1.98%
1997-09-30$696.50M26.98%
1996-09-30$548.50M20.66%
1995-09-30$454.60M-8.84%
1994-09-30$498.70M9.68%
1993-09-30$454.70M-

New Jersey Resources generated $1.80B in revenue during NA 2024, up -8.48% compared to the previous quarter, and up 69.31% compared to the same period a year ago.

New Jersey Resources Revenue by Quarter

DateRevenueChange
2024-06-30$275.64M-58.34%
2024-03-31$661.56M41.60%
2023-12-31$467.21M41.01%
2023-09-30$331.32M25.47%
2023-06-30$264.07M-59.00%
2023-03-31$644.03M-10.99%
2022-12-31$723.57M-5.48%
2022-09-30$765.49M38.59%
2022-06-30$552.34M-39.46%
2022-03-31$912.32M34.99%
2021-12-31$675.84M26.91%
2021-09-30$532.53M44.87%
2021-06-30$367.59M-54.18%
2021-03-31$802.19M76.57%
2020-12-31$454.31M13.56%
2020-09-30$400.04M33.81%
2020-06-30$298.97M-53.26%
2020-03-31$639.61M4.00%
2019-12-31$615.04M28.38%
2019-09-30$479.08M10.15%
2019-06-30$434.94M-49.79%
2019-03-31$866.25M6.71%
2018-12-31$811.77M25.40%
2018-09-30$647.33M19.12%
2018-06-30$543.43M-46.67%
2018-03-31$1.02B44.48%
2017-12-31$705.30M31.46%
2017-09-30$536.52M17.27%
2017-06-30$457.52M-37.63%
2017-03-31$733.55M35.58%
2016-12-31$541.03M15.30%
2016-09-30$469.24M19.34%
2016-06-30$393.21M-31.52%
2016-03-31$574.19M29.25%
2015-12-31$444.26M1.36%
2015-09-30$438.31M-4.40%
2015-06-30$458.47M-54.75%
2015-03-31$1.01B22.93%
2014-12-31$824.12M39.23%
2014-09-30$591.91M-14.00%
2014-06-30$688.26M-56.43%
2014-03-31$1.58B79.82%
2013-12-31$878.40M19.72%
2013-09-30$733.70M-4.40%
2013-06-30$767.47M-20.13%
2013-03-31$960.88M30.55%
2012-12-31$736.02M29.47%
2012-09-30$568.47M33.72%
2012-06-30$425.12M-30.64%
2012-03-31$612.92M-4.59%
2011-12-31$642.41M-4.25%
2011-09-30$670.90M3.51%
2011-06-30$648.17M-33.66%
2011-03-31$976.99M37.00%
2010-12-31$713.15M12.93%
2010-09-30$631.52M31.60%
2010-06-30$479.89M-47.74%
2010-03-31$918.35M50.66%
2009-12-31$609.55M47.74%
2009-09-30$412.59M-6.45%
2009-06-30$441.05M-52.96%
2009-03-31$937.52M17.00%
2008-12-31$801.30M-3.12%
2008-09-30$827.09M-17.33%
2008-06-30$1.00B-15.04%
2008-03-31$1.18B-

New Jersey Resources generated $275.64M in revenue during Q3 2024, up -58.34% compared to the previous quarter, and up 42.80% compared to the same period a year ago.

New Jersey Resources Revenue Breakdown

New Jersey Resources Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceSep 24Sep 23Sep 22Sep 21Sep 20
Wholesale Natural Gas$260.37M$169.83M$151.54M$77.95M$69.24M
Service Contracts$36.23M$35.21M$33.93M$33.25M$32.45M
Natural Gas Utility$861.88M$845.39M$951.63M$694.63M$695.86M
Renewable Energy Certificates$15.11M$12.64M$5.49M$4.57M$1.38M
Electricity$32.91M$31.73M$38.32M$25.27M$20.10M
Installation and Maintenance$26.40M$22.43M$22.25M$18.98M$18.56M

New Jersey Resources's latest annual revenue breakdown by segment (product or service), as of Sep 24: Natural Gas Utility (69.91%), Wholesale Natural Gas (21.12%), Service Contracts (2.94%), Electricity (2.67%), Installation and Maintenance (2.14%), and Renewable Energy Certificates (1.23%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Electricity$19.65M$6.55M$6.71M$9.67M$8.27M$6.08M$7.70M$13.93M$11.08M$6.85M$6.47M$8.65M$7.35M$4.88M$4.39M$6.33M$5.29M$4.46M$4.02M$5.18M
Wholesale Natural Gas$181.06M$39.19M$40.13M$39.20M$38.22M$37.72M$54.69M$44.16M$36.70M$30.65M$40.02M$17.79M$15.69M$24.94M$19.53M$16.74M$15.40M$20.71M$16.39M$5.25M
Installation and Maintenance$14.68M$5.83M$5.89M$6.00M$6.11M$4.71M$5.61M$6.24M$5.79M$4.73M$5.48M$5.22M$4.98M$4.46M$4.32M$5.16M$4.24M$4.29M$4.87M$5.03M
Natural Gas Utility$232.99M$371.02M$257.88M$95.77M$134.25M$327.20M$288.17M$165.04M$180.93M$381.86M$223.80M$90.02M$118.37M$296.89M$189.36M$84.21M$124.89M$266.87M$219.89M$81.47M
Renewable Energy Certificates$9.79M$2.67M$2.65M$4.63M$4.72M$2.08M$1.20M$1.91M$1.71M$1.02M$846.00K$1.50M$1.57M$817.00K$690.00K-----
Service Contracts$18.22M$9.07M$8.94M$8.97M$8.84M$8.74M$8.66M$8.54M$8.43M$8.49M$8.47M$8.34M$8.33M$8.31M$8.26M$8.22M$8.13M$8.07M$8.04M$7.97M

New Jersey Resources's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Natural Gas Utility (48.91%), Wholesale Natural Gas (38.01%), Electricity (4.12%), Service Contracts (3.82%), Installation and Maintenance (3.08%), and Renewable Energy Certificates (2.05%).

New Jersey Resources Revenue Breakdown by Country

Quarterly Revenue by Country

CountryJun 20Mar 20Dec 19
Midstream Segment$720.00K$675.00K$667.00K

New Jersey Resources's latest quarterly revenue breakdown by geography, as of Jun 20: Midstream Segment (100.00%).

New Jersey Resources Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
UGIUGI$7.21B$2.47B
NINiSource$5.51B$1.08B
ATOAtmos Energy$4.17B$701.55M
SRSpire$2.59B$414.10M
OGSONE Gas$2.37B$-1.11B
NJRNew Jersey Resources$1.80B$275.64M
CPKChesapeake Utilities$670.60M$160.14M
RGCORGC Resources-$14.46M

NJR Revenue FAQ

What is New Jersey Resources’s yearly revenue?

New Jersey Resources's yearly revenue for 2024 was $1.8B, representing a decrease of -8.48% compared to 2023. The company's yearly revenue for 2023 was $1.96B, representing a decrease of -32.45% compared to 2022. NJR's yearly revenue for 2022 was $2.91B, representing an increase of 34.75% compared to 2021.

What is New Jersey Resources’s quarterly revenue?

New Jersey Resources's quarterly revenue for Q3 2024 was $275.64M, a -58.34% decrease from the previous quarter (Q2 2024), and a 4.38% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $661.56M, a 41.60% increase from the previous quarter (Q1 2024), and a 2.72% increase year-over-year (Q2 2023). NJR's quarterly revenue for Q1 2024 was $467.21M, a 41.01% increase from the previous quarter (Q4 2023), and a -35.43% decrease year-over-year (Q1 2023).

What is New Jersey Resources’s revenue growth rate?

New Jersey Resources's revenue growth rate for the last 3 years (2022-2024) was -38.18%, and for the last 5 years (2020-2024) was -8.04%.

What are New Jersey Resources’s revenue streams?

New Jersey Resources's revenue streams in p 24 are Wholesale Natural Gas, Service Contracts, Natural Gas Utility, Renewable Energy Certificates, Electricity, and Installation and Maintenance. Wholesale Natural Gas generated $260.37M in revenue, accounting 21.12% of the company's total revenue, up 53.31% year-over-year. Service Contracts generated $36.23M in revenue, accounting 2.94% of the company's total revenue, up 2.90% year-over-year. Natural Gas Utility generated $861.88M in revenue, accounting 69.91% of the company's total revenue, up 1.95% year-over-year. Renewable Energy Certificates generated $15.11M in revenue, accounting 1.23% of the company's total revenue, up 19.59% year-over-year. Electricity generated $32.91M in revenue, accounting 2.67% of the company's total revenue, up 3.72% year-over-year. Installation and Maintenance generated $26.4M in revenue, accounting 2.14% of the company's total revenue, up 17.73% year-over-year.

What is New Jersey Resources’s main source of revenue?

For the fiscal year ending Sep 24, the largest source of revenue of New Jersey Resources was Natural Gas Utility. This segment made a revenue of $861.88M, representing 69.91% of the company's total revenue.