NewJersey Resources Corporation (NJR)
Return on total capital
| Sep 30, 2025 | Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 555,111 | 499,782 | 438,852 | 427,399 | 312,947 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,391,670 | 2,200,440 | 1,990,740 | 1,817,210 | 1,630,860 |
| Return on total capital | 23.21% | 22.71% | 22.04% | 23.52% | 19.19% |
September 30, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $555,111K ÷ ($—K + $2,391,670K)
= 23.21%
Peer comparison
Sep 30, 2025
Company name
Symbol
Return on total capital
NewJersey Resources Corporation
NJR
23.21%
Atmos Energy Corporation
ATO
12.17%
Spire Inc
SR
15.80%
UGI Corporation
UGI
23.24%