One plan - full access

No subscription, no auto-renewal, no hidden terms.
Pay once and use it for 30 days.

PRO plan No auto-renewal
$18

30 days of full access
One-time payment

🌐 US & Global Companies
Get access for 30 days →
♧ Secure payment · Instant access

What is included

  • ✓Full access to detailed company analysis
  • ✓Fundamental screener
  • ✓Advanced stock screener filters
  • ✓5 ratings. Separate lists for US & Global Companies and MOEX
  • ✓Company data export in XLSX and CSV
  • ✓MarketCap’s overall ranking of top companies
  • ✓Analytics updates after each new financial report
⚠ The service is not an investment advisor. Financial statement data from public companies is available to everyone - MarketCap structures and analyzes it.
New Jersey Resources Corporation logo
New Jersey Resources Corporation NJR
$ 54.7 0.55%
report update icon

Quarterly report 2026-Q3
added 08-04-2026

New Jersey Resources Corporation Balance Sheet 2025-2007 | NJR

Brief overview of New Jersey Resources Corporation's balance sheet strength

The review uses the five latest available annual reports between 2015 and 2019.

Assets added +31%, reaching $4.4 billion from $3.3 billion five periods earlier; annual growth near 7% remained solid.

Asset growth of +31% was close to the +26.4% change in liabilities, leaving the funding profile broadly stable.

Shareholders' equity accounts for 31.6% of assets, previously 33.2%. Dependence on liabilities is moderate.

Each unit of equity supports about 1.14x of net debt. The level is not critical, though flexibility is narrower.

Cash accounts for 0.1% of assets versus 0.1% initially. The change indicates the degree of financial flexibility.

By the end of the period, accumulated earnings were $1.1 billion; the change from the start was +38.3%.

What the balance sheet shows

New Jersey Resources Corporation's financial position is more positive than negative: the funding mix is workable, although the cushion is not unlimited.

Annual Balance Sheet New Jersey Resources Corporation

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

Net Debt

3.25 B 2.88 B 2.77 B 2.49 B 2.16 B 2.15 B 1.58 B 1.45 B 1.43 B 1.21 B 916 M 932 M 944 M 808 M 586 M 459 M 426 M - -

Long Term Debt

3.25 B 2.88 B 2.77 B 2.49 B 2.16 B 2.26 B 1.54 B 1.18 B 997 M 1.06 B 844 M 598 M 513 M 525 M 427 M 429 M 455 M - -

Long Term Debt Current

4.39 M 4.94 M 4.77 M 4.56 M 4.3 M 6.72 M - - - - - - - - - 31.3 M 6.51 M - -

Total Non Current Liabilities

1.16 B 1.01 B 972 M 855 M 878 M 3.19 B 2.37 B 1.97 B 1.89 B 1.99 B 1.8 B 1.4 B 1.27 B 1.3 B 1.17 B 703 M 612 M - -

Total Current Liabilities

781 M 888 M 807 M 1.1 B 1.05 B 534 M 446 M 751 M 803 M 572 M 436 M 791 M 852 M 653 M 703 M 706 M 564 M - -

Total Liabilities

- - - - - - 2.82 B 2.72 B 2.69 B 2.56 B 2.23 B 2.19 B 2.12 B 1.96 B 1.87 B - - - -

Deferred Revenue

22.6 M 21.6 M 61.4 M 35.5 M 1.74 M 25.9 M 27.1 M 27.3 M 27 M 32.8 M 20.8 M 22.3 M 24.4 M 48.5 M - - - - -

Retained Earnings

1.45 B 1.3 B 1.18 B 1.07 B 935 M 1.15 B 1.08 B 1.01 B 868 M 826 M 778 M 675 M 605 M 558 M 529 M 487 M 426 M - -

Total Assets

7.58 B 6.98 B 6.54 B 6.26 B 5.72 B 5.32 B 4.37 B 4.14 B 3.93 B 3.73 B 3.34 B 3.16 B 3 B 2.77 B 2.65 B 2.56 B 2.32 B - -

Cash and Cash Equivalents

591 K 1.02 M 954 K 1.11 M 4.75 M 117 M 2.68 M 1.46 M 2.23 M 37.5 M 4.93 M 2.15 M 2.97 M 4.51 M 7.44 M 943 K 36.2 M 42.6 M 5.14 M

Book Value

7.58 B 6.98 B 6.54 B 6.26 B 5.72 B 5.32 B 1.55 B 1.42 B 1.24 B 1.17 B 1.11 B 966 M 887 M 814 M 776 M 2.56 B 2.32 B - -

Total Shareholders Equity

2.39 B 2.2 B 1.99 B 1.82 B 1.63 B 1.64 B 1.38 B 1.29 B 1.24 B 1.17 B 1.11 B 966 M 887 M 814 M 776 M 725 M 690 M 728 M 651 M

All numbers in USD currency

Quarterly Balance Sheet New Jersey Resources Corporation

2026-Q3 2026-Q2 2026-Q1 2025-Q4 2025-Q3 2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1 2010-Q3

Long Term Debt

3.2 B 3.28 B 3.28 B 3.27 B 3.25 B 3.02 B 2.97 B 2.99 B 2.88 B 2.79 B 2.73 B 2.74 B 2.77 B - 2.64 B 2.69 B 2.49 B - 2.32 B 2.27 B 2.16 B 2.22 B 2.16 B 2.26 B 2.26 B 2.26 B 2.26 B 1.54 B 1.54 B 1.54 B 1.54 B 1.18 B 1.18 B 1.18 B 1.18 B 1 B 997 M 997 M 997 M 1.03 B 1.06 B 1.06 B 1.06 B 848 M 844 M 844 M 844 M 703 M 598 M 598 M 598 M 518 M 513 M 513 M 513 M 530 M 525 M 525 M 525 M 432 M 427 M 380 M 430 M 435 M

Total Non Current Liabilities

1.24 B 1.24 B 1.24 B 1.22 B 1.16 B 1.09 B 1.09 B 1.07 B 1.01 B 953 M 953 M 982 M 972 M - 942 M 930 M 855 M - 884 M 892 M 878 M 891 M 878 M 915 M 879 M 879 M 879 M 924 M 793 M 838 M 838 M 797 M 793 M 793 M 793 M 847 M 892 M 892 M 892 M 915 M 925 M 925 M 925 M 910 M 898 M 898 M 898 M 822 M 803 M 803 M 803 M 744 M 753 M 753 M 753 M 759 M 778 M 778 M 778 M 759 M 743 M 743 M 743 M 658 M

Deferred Revenue

20.1 M 21.1 M 21.1 M 21.4 M 22.6 M 23.5 M 22.2 M 22.2 M 21.6 M 99.6 M 110 M 119 M 61.4 M - 41.3 M 39.6 M 35.5 M - 54.1 M 52.9 M 1.74 M - 1.74 M - - - - - - - 18.2 M 29.6 M 27.3 M - 27.3 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Retained Earnings

1.66 B 1.7 B 1.7 B 1.53 B 1.45 B 1.48 B 1.54 B 1.39 B 1.3 B 1.25 B 1.31 B 1.23 B 1.18 B - 1.22 B 1.15 B 1.07 B - 1.07 B 1.01 B 935 M 971 M 935 M 997 M 948 M 948 M 948 M 1.14 B 906 M 1.08 B 1.08 B 1.07 B 1.01 B 1.01 B 1.01 B 968 M 868 M 868 M 868 M 839 M 826 M 826 M 826 M 806 M 778 M 778 M 778 M 779 M 675 M 675 M 675 M 595 M 605 M 605 M 605 M - 558 M - - - 529 M - - -

Total Assets

8.02 B 7.94 B 7.94 B 7.91 B 7.58 B 7.27 B 7.27 B 7.19 B 6.98 B 6.78 B 6.65 B 6.75 B 6.54 B - 6.3 B 6.61 B 6.26 B - 5.87 B 5.98 B 5.72 B 5.41 B 5.72 B 5.4 B 5.32 B 5.32 B 5.32 B 5.1 B 4.16 B 4.37 B 4.37 B 4.48 B 3.99 B 4.14 B 4.14 B 4.19 B 3.93 B 3.93 B 3.93 B 3.95 B 3.72 B 3.72 B 3.72 B 3.48 B 3.28 B 3.28 B 3.28 B 3.44 B 3.13 B 3.16 B 3.16 B 3.2 B 3 B 3 B 3 B 2.95 B 2.77 B 2.77 B 2.77 B 2.85 B 2.65 B 2.65 B 2.65 B 2.45 B

Cash and Cash Equivalents

34 M 125 M 125 M 2.43 M 591 K 931 K 83.7 M 1.91 M 1.02 M 22.4 M 5.04 M 2.74 M 954 K 511 K 27.1 M 2.41 M 1.11 M - 13.9 M 1.26 M 4.75 M 4.72 M 4.75 M 22.4 M 117 M 117 M 22.4 M 15.7 M 2.68 M 2.68 M 15.7 M 7.69 M 1.46 M 1.46 M 7.69 M 4.74 M 2.23 M 2.23 M 4.74 M 46.9 M 37.5 M 37.5 M 46.9 M 1.68 M 4.93 M 4.93 M 1.68 M 11.7 M 2.15 M 2.15 M 11.7 M 10 M 2.97 M 2.97 M 10 M 3.26 M 4.51 M 4.51 M 3.26 M 7.81 M 7.44 M 7.44 M 7.81 M 91.7 M

Book Value

8.02 B 7.94 B 7.94 B 7.91 B 7.58 B 7.27 B 7.27 B 7.19 B 6.98 B 6.78 B 6.65 B 6.75 B 6.54 B - 6.3 B 6.61 B 6.26 B - 5.87 B 5.98 B 5.72 B 5.41 B 5.72 B 5.4 B 5.32 B 5.32 B 5.32 B 5.1 B 4.16 B 4.37 B 4.37 B 4.48 B 3.99 B 4.14 B 4.14 B 4.19 B 3.93 B 3.93 B 3.93 B 3.95 B 3.72 B 3.72 B 3.72 B 3.48 B 3.28 B 3.28 B 3.28 B 3.44 B 3.13 B 3.16 B 3.16 B 3.2 B 3 B 3 B 3 B 2.95 B 2.77 B 2.77 B 2.77 B 2.85 B 2.65 B 2.65 B 2.65 B 2.45 B

Total Shareholders Equity

2.64 B 2.65 B 2.65 B 2.47 B 2.39 B 2.42 B 2.48 B 2.31 B 2.2 B 2.14 B 2.18 B 2.07 B 1.99 B 2 B 2 B 1.92 B 1.82 B - 1.78 B 1.72 B 1.63 B 1.68 B 1.72 B 1.7 B 1.7 B 1.7 B 1.7 B 1.61 B 1.83 B 1.83 B 1.83 B 1.5 B 1.5 B 1.5 B 1.5 B 1.35 B 1.11 B 1.24 B 1.35 B 1.19 B 1.17 B 1.17 B 1.17 B 1.14 B 1.11 B 1.11 B 1.11 B 1.1 B 966 M 966 M 966 M 882 M 887 M 887 M 887 M 863 M 814 M 814 M 814 M 821 M 776 M 776 M 776 M -

All numbers in USD currency

Balance Sheet is a fundamental financial report of New Jersey Resources Corporation, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Utilities regulated gas

Issuer Price % 24h Market Cap Country
Газпром газораспределение Ростов-на-Дону Газпром газораспределение Ростов-на-Дону
RTGZ
- - - russiaRussia
NiSource NiSource
NI
$ 45.21 0.32 % $ 21.4 B usaUSA
Spire Spire
SR
$ 89.45 0.66 % $ 5.23 B usaUSA
UGI Corporation UGI Corporation
UGI
$ 37.53 0.09 % $ 8.07 B usaUSA
CenterPoint Energy CenterPoint Energy
CNP
$ 41.24 1.04 % $ 26.9 B usaUSA
Atmos Energy Corporation Atmos Energy Corporation
ATO
$ 174.66 0.75 % $ 27.8 B usaUSA
Chesapeake Utilities Corporation Chesapeake Utilities Corporation
CPK
$ 140.78 -0.07 % $ 3.29 B usaUSA
RGC Resources RGC Resources
RGCO
$ 22.81 -3.55 % $ 235 M usaUSA
New Fortress Energy New Fortress Energy
NFE
$ 3.55 -11.69 % $ 989 M usaUSA
Northwest Natural Holding Company Northwest Natural Holding Company
NWN
$ 51.87 -0.29 % $ 2.12 B usaUSA
ONE Gas ONE Gas
OGS
$ 82.3 1.29 % $ 4.95 B usaUSA
Suburban Propane Partners, L.P. Suburban Propane Partners, L.P.
SPH
$ 17.71 2.55 % $ 1.15 B usaUSA
Southwest Gas Holdings Southwest Gas Holdings
SWX
$ 92.09 -0.4 % $ 6.65 B usaUSA