The historical rank and industry rank for New Jersey Resources's Pretax Margin % or its related term are showing as below:
NJR'
s Pretax Margin % Range Over the Past 10 Years
Min: 4.9 Med: 8.03 Max: 15.99
Current: 15.99
NJR's Pretax Margin % is ranked better than 66.73% of 514
companies
in the Utilities - Regulated industry
Industry Median: 10.275
vs NJR: 15.99
New Jersey Resources Pretax Margin % Historical Data
The historical data trend for New Jersey Resources's Pretax Margin % 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.
Competitive Comparison of New Jersey Resources's Pretax Margin %
For the Utilities - Regulated Gas subindustry, New Jersey Resources's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, New Jersey Resources's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where New Jersey Resources's Pretax Margin % falls into.
New Jersey Resources Pretax Margin % Calculation
Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.
New Jersey Resources's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as
* 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) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
New Jersey Resources Pretax Margin % Related Terms
Thank you for viewing the detailed overview of New Jersey Resources's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
New Jersey Resources (New Jersey Resources) Business Description
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.
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