NewJersey Resources Corporation (NJR)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 556,563 | 655,706 | 660,919 | 547,854 | 488,820 | 417,924 | 412,836 | 397,114 | 432,055 | 437,730 | 461,724 | 435,106 | 419,026 | 351,894 | 295,158 | 358,371 | 312,947 | 354,208 | 359,369 | 255,630 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 2,391,670 | 2,423,620 | 2,477,910 | 2,312,680 | 2,200,440 | 2,143,020 | 2,179,220 | 2,066,200 | 1,990,740 | 1,995,240 | 2,000,840 | 1,922,800 | 1,817,210 | 1,768,680 | 1,784,290 | 1,716,980 | 1,630,860 | 1,682,070 | 1,821,830 | 1,698,210 |
| Return on total capital | 23.27% | 27.05% | 26.67% | 23.69% | 22.21% | 19.50% | 18.94% | 19.22% | 21.70% | 21.94% | 23.08% | 22.63% | 23.06% | 19.90% | 16.54% | 20.87% | 19.19% | 21.06% | 19.73% | 15.05% |
September 30, 2025 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $556,563K ÷ ($—K + $2,391,670K)
= 23.27%
Peer comparison
Sep 30, 2025
Company name
Symbol
Return on total capital
NewJersey Resources Corporation
NJR
23.27%
Atmos Energy Corporation
ATO
10.36%
Spire Inc
SR
15.80%
UGI Corporation
UGI
22.94%