NewJersey Resources Corporation (NJR)
Total asset turnover
| Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 2,036,410 | 1,796,540 | 1,962,990 | 2,905,980 | 2,156,610 |
| Total assets | US$ in thousands | 7,578,780 | 6,981,640 | 6,537,500 | 6,261,420 | 5,722,280 |
| Total asset turnover | 0.27 | 0.26 | 0.30 | 0.46 | 0.38 |
September 30, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $2,036,410K ÷ $7,578,780K
= 0.27
Peer comparison
Sep 30, 2025
Company name
Symbol
Total asset turnover
NewJersey Resources Corporation
NJR
0.27
Atmos Energy Corporation
ATO
0.16
Spire Inc
SR
0.21
UGI Corporation
UGI
0.47