NewJersey Resources (NJR) revenue breakdown
By segment, NJNG is the largest at 85% of fiscal 2025 revenue; S&T grew fastest, 18% a year over 3 years.
By product, Natural gas utility sales is the largest at 81% of fiscal 2025 revenue, growing 15% a year over 1 years.
Revenue by segment
Fiscal years, as NewJersey Resources reports them in its 10-K filings; fiscal 2025 total $1.3B.
| Segments | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| NJNG | $680M | $696M | $695M | $950M | $844M | $861M | $1.1B | 85% |
| S&T | — | — | — | $65M | $89M | $95M | $106M | 8% |
| ES | $31M | $25M | $27M | $84M | $77M | $164M | $48M | 4% |
| CEV | — | — | — | $44M | — | $48M | $45M | 3% |
| CEV | $22M | $21M | $30M | — | — | — | — | — |
Revenue by product
Fiscal years, as NewJersey Resources reports them in its 10-K filings; fiscal 2025 total $1.4B.
| Products | 2022 | 2025 | Share |
|---|---|---|---|
| Natural gas utility sales | $952M | $1.1B | 81% |
| Natural gas services | $152M | $154M | 11% |
| Service contracts | $34M | $37M | 3% |
| Electricity sales | $38M | $27M | 2% |
| Installations and maintenance | $22M | $26M | 2% |
| Renewable energy certificates | — | $18M | 1% |
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Where does NewJersey Resources make its money?
In fiscal 2025, by segment: NJNG $1.1B, S&T $106M, ES $48M, CEV $45M.
From NewJersey Resources's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.