New Jersey Resources (NJR) Revenue & Revenue Breakdown


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New Jersey Resources Revenue Highlights


Latest Revenue (Y)

$1.96B

Latest Revenue (Q)

$275.64M

Main Segment (Y)

Natural Gas Utility

New Jersey Resources Revenue by Period


New Jersey Resources Revenue by Year

DateRevenueChange
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 $1.96B in revenue during NA 2023, up -32.45% compared to the previous quarter, and up 67.34% 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 23Sep 22Sep 21Sep 20Sep 19
Installation and Maintenance$22.43M$22.25M$18.98M$18.56M$19.40M
Natural Gas Utility$845.39M$951.63M$694.63M$695.86M$680.15M
Electricity$31.73M$38.32M$25.27M$20.10M$22.12M
Wholesale Natural Gas$169.83M$151.54M$77.95M$69.24M$31.46M
Service Contracts$35.21M$33.93M$33.25M$32.45M$31.50M
Renewable Energy Certificates$12.64M$5.49M$4.57M$1.38M-

New Jersey Resources's latest annual revenue breakdown by segment (product or service), as of Sep 23: Natural Gas Utility (75.67%), Wholesale Natural Gas (15.20%), Service Contracts (3.15%), Electricity (2.84%), Installation and Maintenance (2.01%), and Renewable Energy Certificates (1.13%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Installation and Maintenance$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$5.19M
Service Contracts$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$7.89M
Wholesale Natural Gas$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$3.88M
Renewable Energy Certificates$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------
Electricity$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$4.75M
Natural Gas Utility$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$115.53M

New Jersey Resources's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Natural Gas Utility (85.42%), Wholesale Natural Gas (9.02%), Service Contracts (2.09%), Electricity (1.51%), Installation and Maintenance (1.34%), and Renewable Energy Certificates (0.62%).

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$8.93B$2.47B
NINiSource$5.51B$1.08B
ATOAtmos Energy$4.28B$701.55M
SRSpire$2.67B$414.10M
OGSONE Gas$2.37B$354.14M
NJRNew Jersey Resources$1.96B$275.64M
CPKChesapeake Utilities$670.60M$166.10M
RGCORGC Resources$97.44M$14.46M

NJR Revenue FAQ


New Jersey Resources's yearly revenue for 2023 was $1.96B, representing a decrease of -32.45% compared to 2022. The company's yearly revenue for 2022 was $2.91B, representing an increase of 34.75% compared to 2021. NJR's yearly revenue for 2021 was $2.16B, representing an increase of 10.39% compared to 2020.

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).

New Jersey Resources's revenue growth rate for the last 3 years (2021-2023) was -8.98%, and for the last 5 years (2019-2023) was -24.27%.

New Jersey Resources's revenue streams in p 23 are Installation and Maintenance, Natural Gas Utility, Electricity, Wholesale Natural Gas, Service Contracts, and Renewable Energy Certificates. Installation and Maintenance generated $22.43M in revenue, accounting 2.01% of the company's total revenue, up 0.80% year-over-year. Natural Gas Utility generated $845.39M in revenue, accounting 75.67% of the company's total revenue, down -11.16% year-over-year. Electricity generated $31.73M in revenue, accounting 2.84% of the company's total revenue, down -17.18% year-over-year. Wholesale Natural Gas generated $169.83M in revenue, accounting 15.20% of the company's total revenue, up 12.08% year-over-year. Service Contracts generated $35.21M in revenue, accounting 3.15% of the company's total revenue, up 3.77% year-over-year. Renewable Energy Certificates generated $12.64M in revenue, accounting 1.13% of the company's total revenue, up 130.29% year-over-year.

For the fiscal year ending Sep 23, the largest source of revenue of New Jersey Resources was Natural Gas Utility. This segment made a revenue of $845.39M, representing 75.67% of the company's total revenue.