NewJersey Resources Corporation (NJR)
Financial leverage ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 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 |
| Financial leverage ratio | 3.17 | 3.00 | 2.93 | 3.11 | 3.17 | 3.17 | 3.05 | 3.27 | 3.28 | 3.16 | 3.15 | 3.44 | 3.45 | 3.48 | 3.29 | 3.48 | 3.51 | 3.22 | 2.98 | 3.18 |
September 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $7,578,780K ÷ $2,391,670K
= 3.17
Peer comparison
Sep 30, 2025
Company name
Symbol
Financial leverage ratio
NewJersey Resources Corporation
NJR
3.17
Atmos Energy Corporation
ATO
2.13
Spire Inc
SR
3.42
UGI Corporation
UGI
3.24