New Jersey Resources annual debt-to-equity ratio
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2025
New Jersey Resources Debt-to-Equity Ratio Growth & History (NJR)
New Jersey Resources's debt-to-equity ratio was 1.51 for fiscal 2025.
View full New Jersey Resources company overviewNew Jersey Resources annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 1.51 | −0.01 | −0.44% |
| 2024 | 2024-09-30 | 1.52 | −0.08 | −4.89% |
| 2023 | 2023-09-30 | 1.59 | −0.09 | −5.11% |
| 2022 | 2022-09-30 | 1.68 | 0.03 | +2.02% |
| 2021 | 2021-09-30 | 1.65 | 0.13 | +8.85% |
| 2020 | 2020-09-30 | 1.51 | 0.38 | +33.76% |
| 2019 | 2019-09-30 | 1.13 | 0.10 | +9.87% |
| 2018 | 2018-09-30 | 1.03 | 0.01 | +0.77% |
| 2017 | 2017-09-30 | 1.02 | 0.01 | +1.26% |
| 2016 | 2016-09-30 | 1.01 | 0.19 | +22.71% |
| 2015 | 2015-09-30 | 0.82 | −0.11 | −11.68% |
| 2014 | 2014-09-30 | 0.93 | −0.06 | −5.99% |
| 2013 | 2013-09-30 | 0.99 | 0.00 | +0.09% |
| 2012 | 2012-09-30 | 0.99 | 0.23 | +30.99% |
| 2011 | 2011-09-30 | 0.76 | −0.08 | −9.87% |
| 2010 | 2010-09-30 | 0.84 | −0.04 | −4.55% |
| 2009 | 2009-09-30 | 0.88 | — | — |
New Jersey Resources quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 1.36 | −0.08 | −5.82% |
| Q2 2026 | 2026-03-31 | 1.36 | 0.03 | +2.01% |
| Q1 2026 | 2025-12-31 | 1.54 | 0.03 | +2.13% |
| Q4 2025 | 2025-09-30 | 1.51 | −0.01 | −0.44% |
| Q3 2025 | 2025-06-30 | 1.44 | −0.05 | −3.64% |
| Q2 2025 | 2025-03-31 | 1.33 | −0.08 | −5.67% |
| Q1 2025 | 2024-12-31 | 1.51 | −0.02 | −1.36% |
| Q4 2024 | 2024-09-30 | 1.52 | −0.08 | −4.89% |
| Q3 2024 | 2024-06-30 | 1.50 | −0.01 | −0.77% |
| Q2 2024 | 2024-03-31 | 1.41 | −0.07 | −4.91% |
| Q1 2024 | 2023-12-31 | 1.53 | −0.19 | −10.79% |
| Q4 2023 | 2023-09-30 | 1.59 | −0.09 | −5.11% |
| Q3 2023 | 2023-06-30 | 1.51 | −0.21 | −12.06% |
| Q2 2023 | 2023-03-31 | 1.49 | −0.07 | −4.20% |
| Q1 2023 | 2022-12-31 | 1.72 | 0.02 | +1.26% |
| Q4 2022 | 2022-09-30 | 1.68 | 0.03 | +2.02% |
| Q3 2022 | 2022-06-30 | 1.72 | 0.22 | +15.04% |
| Q2 2022 | 2022-03-31 | 1.55 | 0.24 | +18.25% |
| Q1 2022 | 2021-12-31 | 1.69 | 0.22 | +14.65% |
| Q4 2021 | 2021-09-30 | 1.65 | 0.13 | +8.85% |
| Q3 2021 | 2021-06-30 | 1.49 | 0.06 | +3.90% |
| Q2 2021 | 2021-03-31 | 1.31 | 0.02 | +1.19% |
| Q1 2021 | 2020-12-31 | 1.48 | 0.22 | +17.90% |
| Q4 2020 | 2020-09-30 | 1.51 | 0.38 | +33.76% |
| Q3 2020 | 2020-06-30 | 1.44 | 0.60 | +72.40% |
| Q2 2020 | 2020-03-31 | 1.30 | 0.51 | +65.90% |
| Q1 2020 | 2019-12-31 | 1.25 | 0.21 | +20.52% |
| Q4 2019 | 2019-09-30 | 1.13 | 0.10 | +9.87% |
| Q3 2019 | 2019-06-30 | 0.83 | −0.05 | −5.33% |
| Q2 2019 | 2019-03-31 | 0.78 | −0.00 | −0.24% |
| Q1 2019 | 2018-12-31 | 1.04 | 0.02 | +1.96% |
| Q4 2018 | 2018-09-30 | 1.03 | 0.01 | +0.77% |
| Q3 2018 | 2018-06-30 | 0.88 | −0.02 | −2.54% |
| Q2 2018 | 2018-03-31 | 0.78 | −0.20 | −20.19% |
| Q1 2018 | 2017-12-31 | 1.02 | −0.09 | −7.82% |
| Q4 2017 | 2017-09-30 | 1.02 | 0.01 | +1.26% |
| Q3 2017 | 2017-06-30 | 0.90 | −0.13 | −12.71% |
| Q2 2017 | 2017-03-31 | 0.98 | 0.16 | +18.83% |
| Q1 2017 | 2016-12-31 | 1.11 | 0.18 | +19.47% |
| Q4 2016 | 2016-09-30 | 1.01 | 0.19 | +22.71% |
| Q3 2016 | 2016-06-30 | 1.04 | 0.28 | +37.24% |
| Q2 2016 | 2016-03-31 | 0.83 | 0.09 | +12.44% |
| Q1 2016 | 2015-12-31 | 0.93 | 0.06 | +6.77% |
| Q4 2015 | 2015-09-30 | 0.82 | −0.11 | −11.68% |
| Q3 2015 | 2015-06-30 | 0.75 | −0.04 | −4.61% |
| Q2 2015 | 2015-03-31 | 0.73 | 0.07 | +10.31% |
| Q1 2015 | 2014-12-31 | 0.87 | −0.29 | −25.14% |
| Q4 2014 | 2014-09-30 | 0.93 | −0.06 | −5.99% |
| Q3 2014 | 2014-06-30 | 0.79 | −0.12 | −13.19% |
| Q2 2014 | 2014-03-31 | 0.67 | −0.24 | −26.75% |
| Q1 2014 | 2013-12-31 | 1.16 | 0.09 | +8.16% |
| Q4 2013 | 2013-09-30 | 0.99 | 0.00 | +0.09% |
| Q3 2013 | 2013-06-30 | 0.91 | 0.04 | +4.63% |
| Q2 2013 | 2013-03-31 | 0.91 | 0.19 | +26.22% |
| Q1 2013 | 2012-12-31 | 1.07 | 0.16 | +17.46% |
| Q4 2012 | 2012-09-30 | 0.99 | 0.23 | +30.99% |
| Q3 2012 | 2012-06-30 | 0.87 | — | — |
| Q2 2012 | 2012-03-31 | 0.72 | — | — |
| Q1 2012 | 2011-12-31 | 0.91 | — | — |
| Q4 2011 | 2011-09-30 | 0.76 | −0.08 | −9.87% |
| Q4 2010 | 2010-09-30 | 0.84 | −0.04 | −4.55% |
| Q4 2009 | 2009-09-30 | 0.88 | — | — |
New Jersey Resources debt-to-equity ratio trends
Over the last five fiscal years, New Jersey Resources's debt-to-equity ratio decreased from 1.51 to 1.51, a change of −0.00. The latest reported quarter, Q3 2026, shows 1.36.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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