New Jersey Resources Corporation
NJR
Price:
$48.05
Market Cap:
$4.77B
New Jersey Resources Corporation, an energy services holding company, provides regulated gas distribution, and retail and wholesale energy services. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment offers regulated natural gas utility services to approximately 564,000 residential and commercial customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties in New Jersey; provides capacity and storage management services; and participates in the off-system sales and capacity release markets. The Clean Energy Ventures segment invests in, ow...[Read more]
Industry
Regulated Gas
IPO Date
1980-03-17
Stock Exchange
NYSE
Ticker
NJR
The ROE as of September 2024 (TTM) for New Jersey Resources Corporation (NJR) is 11.25%
According to New Jersey Resources Corporation’s latest financial reports and current stock price. The company's current ROE is 11.25%. This represents a change of 302.13% compared to the average of 2.80% of the last 4 quarters.
New Jersey Resources Corporation (NJR) Historical ROE (quarterly & annually)
How has NJR ROE performed in the past?
The mean historical ROE of New Jersey Resources Corporation over the last ten years is 13.11%. The current 11.25% ROE has changed -14.16% with respect to the historical average. Over the past ten years (40 quarters), NJR's ROE was at its highest in in the December 2014 quarter at 11.17%. The ROE was at its lowest in in the June 2021 quarter at -6.65%.
Average
13.11%
Median
12.81%
Minimum
9.92%
Maximum
16.45%
New Jersey Resources Corporation (NJR) ROE by Quarter and Year
Discovering the peaks and valleys of New Jersey Resources Corporation ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 54.05%
Maximum Annual ROE = 16.45%
Minimum Annual Increase = -33.60%
Minimum Annual ROE = 9.92%
| Year | ROE | Change |
|---|---|---|
| 2023 | 13.30% | -12.10% |
| 2022 | 15.13% | 22.69% |
| 2021 | 12.33% | 24.36% |
| 2020 | 9.92% | -9.23% |
| 2019 | 10.92% | -33.60% |
| 2018 | 16.45% | 54.05% |
| 2017 | 10.68% | -5.38% |
| 2016 | 11.29% | -30.96% |
| 2015 | 16.35% | 11.25% |
| 2014 | 14.69% | 13.57% |
New Jersey Resources Corporation (NJR) Average ROE
How has NJR ROE performed in the past?
The current ROE of New Jersey Resources Corporation (NJR) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
13.59%
5-year avg
12.32%
10-year avg
13.11%
New Jersey Resources Corporation (NJR) ROE vs. Peers
How is NJR’s ROE compared to its peers?
New Jersey Resources Corporation’s ROE is less than Atmos Energy Corporation (8.94%), less than UGI Corporation (14.70%), less than Chesapeake Utilities Corporation (8.47%), less than Spire Inc. (7.74%), less than UGI Corporation (14.70%), less than ONE Gas, Inc. (8.04%), less than RGC Resources, Inc. (11.93%), less than NiSource Inc. (9.90%), less than NiSource Inc. (9.90%),
| Company | ROE | Market cap |
|---|---|---|
| 8.94% | $21.45B | |
| 14.70% | $5.16B | |
| 8.47% | $2.77B | |
| 7.74% | $3.86B | |
| 14.70% | $4.87B | |
| 8.04% | $4.17B | |
| 11.93% | $222.87M | |
| 9.90% | $10.81B | |
| 9.90% | $15.43B |
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