New Jersey Resources Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	2,153	2,036	1,797	1,963	2,906	2,157
Revenue Growth (YoY)	18.44%	13.35%	-8.48%	-32.45%	34.75%	10.39%
Fuel & Purchased Power	958.3	899.27	716.91	978.94	1,949	1,352
Operations & Maintenance	378.1	380.27	367.14	348.39	336.52	349.65
Selling, General & Admin	12.68	12.45	11.47	10.46	10.52	10.11
Depreciation & Amortization	193.02	188.77	166.57	152.94	129.25	111.39
Other Operating Expenses	115.66	104.98	76.36	65.26	74.26	45.45
Total Operating Expenses	1,658	1,586	1,338	1,556	2,500	1,868
Operating Income	495.16	450.67	458.1	407	406.48	288.35
Interest Expense	-130.38	-128.6	-130.28	-123.01	-85.83	-78.56
Interest Income	12.32	12.54	13.07	9.79	2.72	2.17
Net Interest Expense	-118.06	-116.05	-117.2	-113.23	-83.11	-76.39
Income (Loss) on Equity Investments	6.49	6.07	5.3	3.93	8.18	-83.21
Other Non-Operating Income (Expenses)	33.67	33.7	28.48	16.29	19.58	22.43
EBT Excluding Unusual Items	417.25	374.38	374.68	314	351.12	151.18
Gain (Loss) on Sale of Assets	3.34	58.2	-	-	-	-
Pretax Income	420.6	432.58	374.68	314	351.12	151.18
Income Tax Expense	93.8	96.96	84.91	49.28	76.2	33.29
Net Income	326.8	335.63	289.78	264.72	274.92	117.89
Net Income to Common	326.8	335.63	289.78	264.72	274.92	117.89
Net Income Growth	-1.47%	15.82%	9.46%	-3.71%	133.20%	-27.68%
Shares Outstanding (Basic)	100	100	99	97	96	96
Shares Outstanding (Diluted)	101	101	99	98	96	97
Shares Change (YoY)	1.21%	1.51%	1.70%	1.18%	-0.07%	1.53%
EPS (Basic)	3.25	3.35	2.94	2.73	2.86	1.23
EPS (Diluted)	3.23	3.33	2.92	2.71	2.85	1.22
EPS Growth	-2.80%	14.04%	7.75%	-4.91%	133.61%	-28.66%
Free Cash Flow	-185.67	-193.7	-95.53	-21.37	-235.66	-183.34
Free Cash Flow Per Share	-1.84	-1.92	-0.96	-0.22	-2.44	-1.90
Dividend Per Share	1.850	1.825	1.710	1.590	1.478	1.360
Dividend Growth	6.32%	6.73%	7.55%	7.61%	8.64%	7.09%
Profit Margin	15.18%	16.48%	16.13%	13.49%	9.46%	5.47%
Free Cash Flow Margin	-8.62%	-9.51%	-5.32%	-1.09%	-8.11%	-8.50%
EBITDA	688.18	639.44	624.8	562.21	538.29	404.34
EBITDA Margin	31.96%	31.40%	34.78%	28.64%	18.52%	18.75%
D&A For EBITDA	193.02	188.77	166.69	155.21	131.81	115.99
EBIT	495.16	450.67	458.1	407	406.48	288.35
EBIT Margin	23.00%	22.13%	25.50%	20.73%	13.99%	13.37%
Effective Tax Rate	22.30%	22.41%	22.66%	15.69%	21.70%	22.02%
Revenue as Reported	2,153	2,036	1,797	1,963	2,906	2,157

Source: S&P Global Market Intelligence. Utility template. Financial Sources.