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New Jersey Resources (New Jersey Resources) Revenue : $1,707 Mil (TTM As of Dec. 2023)


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What is New Jersey Resources Revenue?

New Jersey Resources's revenue for the three months ended in Dec. 2023 was $467 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,707 Mil. New Jersey Resources's Revenue per Share for the three months ended in Dec. 2023 was $4.74. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $17.43.

Warning Sign:

New Jersey Resources Corp revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of New Jersey Resources was -43.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was -0.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was -6.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was -5.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, New Jersey Resources's highest 3-Year average Revenue per Share Growth Rate was 42.40% per year. The lowest was -17.20% per year. And the median was 1.40% per year.


New Jersey Resources Revenue Historical Data

The historical data trend for New Jersey Resources's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

New Jersey Resources Revenue Chart

New Jersey Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,592.05 1,953.67 2,156.61 2,905.98 1,962.99

New Jersey Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 723.57 644.03 264.08 331.33 467.21

Competitive Comparison of New Jersey Resources's Revenue

For the Utilities - Regulated Gas subindustry, New Jersey Resources's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New Jersey Resources's Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, New Jersey Resources's Revenue distribution charts can be found below:

* The bar in red indicates where New Jersey Resources's Revenue falls into.



New Jersey Resources Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,707 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


New Jersey Resources  (NYSE:NJR) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


New Jersey Resources Revenue Related Terms

Thank you for viewing the detailed overview of New Jersey Resources's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


New Jersey Resources (New Jersey Resources) Business Description

Traded in Other Exchanges
Address
1415 Wyckoff Road, Wall, NJ, USA, 07719
New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to more than 575,000 customers in the state. NJR's nonregulated businesses include solar investments primarily in New Jersey and investments in several large midstream natural gas projects.
Executives
Patrick J. Migliaccio officer: Senior VP and CFO 1415 WYCKOFF ROAD, WALL NJ 07719
Peter C Harvey director C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Stephen D Westhoven officer: Senior V.P., Subsidiary 1415 WYCKOFF ROAD, WALL NJ 07719
Stephen Skrocki officer: Corporate Controller and PAO C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Lori Delgiudice officer: SVP, Human Resources C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Michael A O'sullivan director C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Roberto Bel officer: SVP and CFO C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Degraffenreidt James H Jr director 1100 H ST NW, WASHINGTON DC 20080
Richard Reich officer: SVP, Gen Counsel and Corp Sec C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Timothy F. Shea officer: Vice President, Subsidiary C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Howard M William Jr director C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
M Susan Hardwick director C/O AMERICAN WATER WORKS COMPANY, INC., 1 WATER STREET, CAMDEN NJ 08102-1658
Donald L Correll director C/O INTERCHANGE FINANCIAL SERVICES CORP, PARK 80 W PLAZA TWO, SADDLE BROOK NJ 07663
Amy Cradic officer: SVP & COO Non-Utility Business C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Craig A Lynch officer: SVP, Subsidiary C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719