NewJersey Resources Corporation (NJR)

Return on equity (ROE)

Sep 30, 2025 Sep 30, 2024 Sep 30, 2023 Sep 30, 2022 Sep 30, 2021
Net income US$ in thousands 335,627 289,775 264,724 274,922 117,890
Total stockholders’ equity US$ in thousands 2,391,670 2,200,440 1,990,740 1,817,210 1,630,860
ROE 14.03% 13.17% 13.30% 15.13% 7.23%

September 30, 2025 calculation

ROE = Net income ÷ Total stockholders’ equity
= $335,627K ÷ $2,391,670K
= 14.03%


Peer comparison

Sep 30, 2025

Company name
Symbol
ROE
NewJersey Resources Corporation
NJR
14.03%
Atmos Energy Corporation
ATO
8.84%
Spire Inc
SR
8.02%
UGI Corporation
UGI
14.19%