NewJersey Resources Corporation

NYSE NJR

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NewJersey Resources Corporation Net Income Margin for the Trailing 12 Months (TTM) ending March 31, 2024: 5.88%

NewJersey Resources Corporation Net Income Margin is 5.88% for the Trailing 12 Months (TTM) ending March 31, 2024, a -44.85% change year over year. Net Income Margin reflects the percentage of revenue that represents net income, indicating the overall profitability of a company.

NewJersey Resources Corporation Net Income Margin for the Trailing 12 Months (TTM) ending March 31, 2023 was 10.66%, a 1,271.45% change year over year.
NewJersey Resources Corporation Net Income Margin for the Trailing 12 Months (TTM) ending March 31, 2022 was -0.91%, a -109.52% change year over year.
NewJersey Resources Corporation Net Income Margin for the Trailing 12 Months (TTM) ending March 31, 2021 was 9.56%, a 26.54% change year over year.
NewJersey Resources Corporation Net Income Margin for the Trailing 12 Months (TTM) ending March 31, 2020 was 7.55%, a 116.09% change year over year.

NYSE: NJR

NewJersey Resources Corporation

CEO	Mr. Stephen D. Westhoven
IPO Date	Dec. 30, 1987
Location	United States
Headquarters	1415 Wyckoff Road, Wall, NJ, United States, 07719
Employees	1,350
Sector	Utilities
Industry	Utilities - regulated gas

Description

New Jersey Resources Corporation, an energy services holding company, distributes natural gas. 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 576,000 customers in 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, owns, and operates clean energy projects, including commercial and residential solar installation situated in New Jersey, Rhode Island, New York, Connecticut, Michigan, and Indiana. The Energy Services segment maintains and operates natural gas transportation and storage capacity contracts, as well as provides physical wholesale energy, retail energy and energy management services in the United States and Canada. The Storage and Transportation segment invests in invests in energy-related ventures. It provides heating, ventilation, and cooling services; sales and installation of appliances; offers solar equipment installation, and plumbing repair and installation services; and holds commercial real estate properties. The company was incorporated in 1981 and is headquartered in Wall, New Jersey.

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