New Jersey Resources Return on Equity (ROE) Growth & History (NJR)
New Jersey Resources's return on equity was 14.62% for fiscal 2025.
View full New Jersey Resources company overviewNew Jersey Resources annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-09-30 | 14.62% | +0.79 pp |
| 2024 | 2024-09-30 | 13.83% | −0.08 pp |
| 2023 | 2023-09-30 | 13.90% | −2.04 pp |
| 2022 | 2022-09-30 | 15.95% | +8.75 pp |
| 2021 | 2021-09-30 | 7.20% | −3.57 pp |
| 2020 | 2020-09-30 | 10.77% | +1.51 pp |
| 2019 | 2019-09-30 | 9.26% | −9.18 pp |
| 2018 | 2018-09-30 | 18.44% | +7.45 pp |
| 2017 | 2017-09-30 | 10.99% | −0.59 pp |
| 2016 | 2016-09-30 | 11.58% | −5.87 pp |
| 2015 | 2015-09-30 | 17.46% | +2.14 pp |
| 2014 | 2014-09-30 | 15.32% | +1.82 pp |
| 2013 | 2013-09-30 | 13.50% | +1.82 pp |
| 2012 | 2012-09-30 | 11.68% | −1.81 pp |
| 2011 | 2011-09-30 | 13.49% | −3.11 pp |
| 2010 | 2010-09-30 | 16.60% | +12.76 pp |
| 2009 | 2009-09-30 | 3.84% | — |
New Jersey Resources quarterly return on equity
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-06-30 | 0.37% | +0.98 pp |
| Q2 2026 | 2026-03-31 | 8.55% | +0.02 pp |
| Q1 2026 | 2025-12-31 | 5.04% | −0.78 pp |
| Q4 2025 | 2025-09-30 | 0.63% | −3.57 pp |
| Q3 2025 | 2025-06-30 | −0.61% | −0.08 pp |
| Q2 2025 | 2025-03-31 | 8.53% | +2.84 pp |
| Q1 2025 | 2024-12-31 | 5.82% | +1.41 pp |
| Q4 2024 | 2024-09-30 | 4.20% | +2.34 pp |
| Q3 2024 | 2024-06-30 | −0.54% | −0.61 pp |
| Q2 2024 | 2024-03-31 | 5.69% | +0.07 pp |
| Q1 2024 | 2023-12-31 | 4.41% | −1.79 pp |
| Q4 2023 | 2023-09-30 | 1.86% | −1.18 pp |
| Q3 2023 | 2023-06-30 | 0.08% | −0.66 pp |
| Q2 2023 | 2023-03-31 | 5.62% | +0.13 pp |
| Q1 2023 | 2022-12-31 | 6.20% | −0.45 pp |
| Q4 2022 | 2022-09-30 | 3.04% | +3.11 pp |
| Q3 2022 | 2022-06-30 | 0.73% | +7.12 pp |
| Q2 2022 | 2022-03-31 | 5.49% | −3.03 pp |
| Q1 2022 | 2021-12-31 | 6.65% | +1.80 pp |
| Q4 2021 | 2021-09-30 | −0.07% | −2.08 pp |
| Q3 2021 | 2021-06-30 | −6.38% | −5.20 pp |
| Q2 2021 | 2021-03-31 | 8.51% | +3.99 pp |
| Q1 2021 | 2020-12-31 | 4.85% | −0.22 pp |
| Q4 2020 | 2020-09-30 | 2.01% | +3.87 pp |
| Q3 2020 | 2020-06-30 | −1.18% | −0.65 pp |
| Q2 2020 | 2020-03-31 | 4.53% | −0.27 pp |
| Q1 2020 | 2019-12-31 | 5.07% | −1.11 pp |
| Q4 2019 | 2019-09-30 | −1.86% | −0.68 pp |
| Q3 2019 | 2019-06-30 | −0.53% | +0.44 pp |
| Q2 2019 | 2019-03-31 | 4.80% | −5.17 pp |
| Q1 2019 | 2018-12-31 | 6.18% | −3.39 pp |
| Q4 2018 | 2018-09-30 | −1.18% | +1.71 pp |
| Q3 2018 | 2018-06-30 | −0.98% | −2.45 pp |
| Q2 2018 | 2018-03-31 | 9.97% | +0.68 pp |
| Q1 2018 | 2017-12-31 | 9.57% | +6.60 pp |
| Q4 2017 | 2017-09-30 | −2.90% | −5.07 pp |
| Q3 2017 | 2017-06-30 | 1.47% | +2.93 pp |
| Q2 2017 | 2017-03-31 | 9.28% | +3.04 pp |
| Q1 2017 | 2016-12-31 | 2.97% | −1.50 pp |
| Q4 2016 | 2016-09-30 | 2.17% | +1.80 pp |
| Q3 2016 | 2016-06-30 | −1.46% | −0.80 pp |
| Q2 2016 | 2016-03-31 | 6.24% | +0.84 pp |
| Q1 2016 | 2015-12-31 | 4.47% | −7.45 pp |
| Q4 2015 | 2015-09-30 | 0.38% | +2.84 pp |
| Q3 2015 | 2015-06-30 | −0.66% | +0.74 pp |
| Q2 2015 | 2015-03-31 | 5.40% | −12.61 pp |
| Q1 2015 | 2014-12-31 | 11.92% | +11.05 pp |
| Q4 2014 | 2014-09-30 | −2.47% | −0.22 pp |
| Q3 2014 | 2014-06-30 | −1.39% | −4.65 pp |
| Q2 2014 | 2014-03-31 | 18.01% | +12.84 pp |
| Q1 2014 | 2013-12-31 | 0.87% | −6.31 pp |
| Q4 2013 | 2013-09-30 | −2.25% | −1.20 pp |
| Q3 2013 | 2013-06-30 | 3.26% | +4.47 pp |
| Q2 2013 | 2013-03-31 | 5.16% | −1.32 pp |
| Q1 2013 | 2012-12-31 | 7.18% | −0.00 pp |
| Q4 2012 | 2012-09-30 | −1.05% | −0.05 pp |
| Q3 2012 | 2012-06-30 | −1.22% | — |
| Q2 2012 | 2012-03-31 | 6.48% | — |
| Q1 2012 | 2011-12-31 | 7.18% | — |
| Q4 2011 | 2011-09-30 | −1.00% | −1.21 pp |
| Q4 2010 | 2010-09-30 | 0.21% | — |
New Jersey Resources return on equity trends
Over the last five fiscal years, New Jersey Resources's return on equity increased from 10.77% to 14.62%, a change of +3.84 percentage points. The latest reported quarter, Q3 2026, shows 0.37%.
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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