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New Jersey Resources (New Jersey Resources) Tax Rate % : 20.72% (As of Dec. 2023)


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What is New Jersey Resources Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. New Jersey Resources's Tax Expense for the three months ended in Dec. 2023 was $23 Mil. New Jersey Resources's Pre-Tax Income for the three months ended in Dec. 2023 was $111 Mil. Therefore, New Jersey Resources's Tax Rate % for the quarter that ended in Dec. 2023 was 20.72%.

New Jersey Resources Tax Rate % Historical Data

The historical data trend for New Jersey Resources's Tax Rate % 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 Tax Rate % Chart

New Jersey Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.32 19.71 14.20 22.22 15.89

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
Tax Rate % 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 22.29 21.89 104.22 14.77 20.72

New Jersey Resources Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

New Jersey Resources's Tax Rate % for the fiscal year that ended in Sep. 2023 is calculated as

Tax Rate %=Tax Expense (A: Sep. 2023 )/Pre-Tax Income (A: Sep. 2023 )
=49.275/310.069
=15.89 %

New Jersey Resources's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=22.936/110.687
=20.72 %

* 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 Tax Rate % Related Terms

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New Jersey Resources (New Jersey Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » New Jersey Resources Corp (NYSE:NJR) » Definitions » Tax Rate %
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Traded in Other Exchanges
NJ1:Germany
Address
1415 Wyckoff Road, Wall, NJ, USA, 07719
Website
https://www.njresources.com
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