# NewJersey Resources Corporation (NJR) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Utilities / Gas Utilities. Price $53.40, market value $5.4 billion.

## Valuation
- **P/E (trailing): 14.8×** (5-yr avg 15.7×, 3-yr avg 14.2×). NewJersey Resources Corporation trades at 14.8× trailing earnings, close to its own five-year average of 15.7×. The Utilities median in the September 2026 study was 21.2×. Forward P/E is 15.4×, higher than trailing, so analysts expect earnings to fall.
- **PEG: 1.10**. A PEG of 1.10 is in the range usually read as fairly priced for its growth.
- **Price / sales: 3.5×**. Each dollar of revenue is priced at 3.5×.
- **Price / book: 2.0×**. The shares trade at 2.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 7.4×**. Enterprise value is 7.4× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Earnings yield: 6.8%**. The inverse of the P/E: 6.8% of the price is earned each year.

## Profitability
- **Operating margin: 36.1%**. 36.1% of revenue is left after running the business, an exceptional level.
- **Net margin: 24.8%**. 24.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 14.0%**. 14.0% on shareholders' equity is solid.
- **Return on invested capital: 16.9%**. Return on all capital, debt included, is 16.9%: comfortably above what that capital costs.
- **Return on assets: 4.8%**. Each dollar of assets produces 4.8% of profit.

## Growth
- **Revenue growth (1 yr): 9.9%** (3-yr 4.1%/yr, 5-yr 10.1%/yr). Revenue grew 9.9% over the last year, against 10.1% a year compounded over five years.
- **EPS growth (1 yr): 14.0%** (3-yr 5.3%/yr, 5-yr 14.3%/yr). Earnings per share rose 14.0%, roughly in step with revenue.

## Financial health
- **Debt to equity: 0.08**. Debt is 0.08 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.3×**. It would take 0.3 years of operating earnings to repay net borrowings, within the comfortable range.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.56%** ($1.90 per share, trailing). NewJersey Resources Corporation yields 3.56%, an income-level yield.
- **Payout ratio: 54%**. 54% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 12**. 12 straight years of increases, a record that survived at least one recession.
- **Dividend growth (5 yr): 7.4%/yr** (1-yr 6.3%). The dividend has grown 7.4% a year over five years.

## Price and momentum
- **Total return (1 yr): 18.4%** (YTD 17.8%, 3-mo -2.8%). The shares are up 18.4% over twelve months including dividends.
- **From 52-week high: -12.3%** (22.9% above the low). Trading 12% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 39**. An RSI of 39 is neutral.
- **Beta (1 yr): -0.38** (volatility 19%). Beta of -0.38 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NJR · Page: https://foliofundamentals.com/stocks/njr

Not investment advice.