NewJersey Resources Corporation (NJR)
Interest coverage
| 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 |
| Interest expense (ttm) | US$ in thousands | 128,595 | 134,124 | 133,599 | 132,693 | 130,275 | 127,406 | 126,356 | 124,996 | 123,014 | 115,887 | 107,179 | 95,844 | 85,830 | 79,690 | 77,023 | 78,250 | 78,559 | 75,863 | 72,263 | 71,313 |
| Interest coverage | 4.33 | 4.89 | 4.95 | 4.13 | 3.75 | 3.28 | 3.27 | 3.18 | 3.51 | 3.78 | 4.31 | 4.54 | 4.88 | 4.42 | 3.83 | 4.58 | 3.98 | 4.67 | 4.97 | 3.58 |
September 30, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $556,563K ÷ $128,595K
= 4.33
Peer comparison
Sep 30, 2025
Company name
Symbol
Interest coverage
NewJersey Resources Corporation
NJR
4.33
Atmos Energy Corporation
ATO
8.43
Spire Inc
SR
2.62
UGI Corporation
UGI
2.67