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New Jersey Resources (NJR) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

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
Renewable Energy Certificates$12.64M$5.49M$4.57M$1.38M-
Service Contracts$35.21M$33.93M$33.25M$32.45M$31.50M
Natural Gas Utility$845.39M$951.63M$694.63M$695.86M$680.15M
Installation and Maintenance$22.43M$22.25M$18.98M$18.56M$19.40M
Electricity$31.73M$38.32M$25.27M$20.10M$22.12M
Wholesale Natural Gas$169.83M$151.54M$77.95M$69.24M$31.46M

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
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------
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
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
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

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$2.37B$-1.11B
NJRNew Jersey Resources$1.96B$275.64M
CPKChesapeake Utilities$670.60M$160.14M
RGCORGC Resources$97.44M$14.46M

NJR Revenue FAQ

What is New Jersey Resources’s yearly revenue?

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.

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 (2021-2023) was -8.98%, and for the last 5 years (2019-2023) was -24.27%.

What are New Jersey Resources’s revenue streams?

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

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

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.