The New Jersey Resources reports a gross margin of 38.6%, an operating margin of 24.8%, an EBITDA margin of 36.6%, and a net margin of 16.4%. Operating margin led the decline across the available margins, contracting by 4.5 percentage points.
NJR margin history
Over the last 3 years, New Jersey Resources's margins averaged 37% gross, 25% operating, 36.85% EBITDA, and 16.35% net. For New Jersey Resources, gross and net margins are above their three-year averages, while operating and EBITDA margins are below their three-year averages.
NJR margin expansion
Year over year, gross, operating, EBITDA, and net margins all declined, with operating margin showing the largest decrease at 4.5 percentage points.
NJR Gross margin
Over the last 3 years, the average gross margin for New Jersey Resources was 37%. Currently, the current gross margin for New Jersey Resources is 38.6%, 1.6 percentage points above its three-year average. New Jersey Resources's gross margin ranged from a low of 33.9% in Dec 2023 to a high of 40% in Mar 2025.
NJR Operating margin
The average operating margin for New Jersey Resources was 25% during the last 3 years. At present, the current operating margin for New Jersey Resources is 24.8%, 0.2 percentage points below its three-year average. The operating margin for New Jersey Resources moved between 21.7% in Dec 2023 and 30% in Mar 2025.
NJR EBITDA margin
Across the last 3 years, New Jersey Resources's EBITDA margin came to 36.85%. Right now, New Jersey Resources's current EBITDA margin is 36.6%, which is 0.3 percentage points below its three-year average. EBITDA margin was highest at 41.5% in Mar 2025 and lowest at 33% in Dec 2023.
NJR Net margin
Looking back over the last 3 years, New Jersey Resources recorded an average net margin of 16.35%. New Jersey Resources's current net margin is 16.4% and is 0.1 percentage points above its three-year average. The highest net margin for New Jersey Resources was 20% in Mar 2025, while the lowest was 13.6% in Jun 2024.
NJR margin group comparison
New Jersey Resources's gross margin of 38.6% is lower than the Utilities sector, the industry and its peers average. In comparison with the Utilities sector average of 42.7%, New Jersey Resources's gross margin is 10% lower.
NJR margin peer comparison
Frequently asked questions
What is New Jersey Resources's gross margin?
For the period ending Jun 30, 2026, NJR recorded a gross margin of 38.6%.
What is New Jersey Resources's operating margin?
As of Jun 30, 2026, NJR has an operating margin of 24.8%.
What is New Jersey Resources's EBITDA margin?
For the period ending Jun 30, 2026, NJR recorded an EBITDA margin of 36.6%.
What is New Jersey Resources's net margin?
For the period ending Jun 30, 2026, NJR recorded a net margin of 16.4%.
What are the average margins of NJR?
Over the past 3 years, NJR reported average margins of 37.0% gross, 25.0% operating, 36.9% EBITDA, and 16.4% net.
What are the highest historical margins of NJR?
Over this 5-year history, NJR peaked at 40% gross in Mar 2025, 30% operating in Mar 2025, 41.5% EBITDA in Mar 2025, and 20% net in Mar 2025.
What are the lowest historical margins of NJR?
New Jersey Resources's lowest recorded margins during the past 5 years were 18% gross in Mar 2022, 10.9% operating in Mar 2022, 13.3% EBITDA in Mar 2022, and 3.8% net in Mar 2022.