NewJersey Resources Corporation (NJR)
Total asset turnover
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 2,036,412 | 2,096,114 | 2,072,804 | 1,821,341 | 1,800,190 | 1,735,735 | 1,724,174 | 1,706,637 | 1,962,994 | 2,397,155 | 2,685,415 | 2,953,704 | 2,905,979 | 2,673,021 | 2,488,279 | 2,378,150 | 2,156,613 | 2,024,129 | 1,955,510 | 1,792,937 |
| Total assets | US$ in thousands | 7,578,780 | 7,274,160 | 7,265,580 | 7,193,960 | 6,981,640 | 6,784,120 | 6,647,380 | 6,749,050 | 6,537,500 | 6,312,580 | 6,296,130 | 6,610,090 | 6,261,420 | 6,161,920 | 5,870,000 | 5,981,160 | 5,722,280 | 5,408,620 | 5,425,130 | 5,396,900 |
| Total asset turnover | 0.27 | 0.29 | 0.29 | 0.25 | 0.26 | 0.26 | 0.26 | 0.25 | 0.30 | 0.38 | 0.43 | 0.45 | 0.46 | 0.43 | 0.42 | 0.40 | 0.38 | 0.37 | 0.36 | 0.33 |
September 30, 2025 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $2,036,412K ÷ $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