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New Jersey ResourcesNJR -2.41%73 Gross Margin % is 27.46% as of Jun. 2026, which is 40% above its 10-year median of 19.65. GuruFocus rates NJR with a GF Score™ of 73/100 and a GF Value™ of $53.96 (Fairly Valued). The stock has 8 warning signs investors should review. Among 485 Utilities - Regulated companies, New Jersey Resources ranks better than 65.15% on this metric.
New Jersey Resources (NYSE:NJR) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
New Jersey Resources had a gross margin of 27.46% for the quarter that ended in Jun. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
New Jersey Resources Gross Margin % Related Terms
New Jersey Resources Gross Margin % Historical Data
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The historical data trend for New Jersey Resources's Gross 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.
For the Utilities - Regulated Gas subindustry, New Jersey Resources's Gross Margin %, along with its competitors' market caps and Gross 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 Gross Margin % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, New Jersey Resources's Gross Margin % distribution charts can be found below:
* The bar in red indicates where New Jersey Resources's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
New Jersey Resources (NJR) has a Gross Margin % of 27.46% as of Jun. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on New Jersey Resources and its competitors. This is 40% above median its historical median of 19.65. Over the past decade, New Jersey Resources' Gross Margin % has ranged from 10.79 to 38.59. According to the industry distribution chart, New Jersey Resources ranks #169 out of 485 companies in the Utilities - Regulated industry, placing it in the top 34.8%.
Is New Jersey Resources' Gross Margin % too high?
New Jersey Resources' current Gross Margin % of 27.46% is 40% above median its 10-year median of 19.65. Over the past 10 years, this metric has ranged from a low of 10.79 to a high of 38.59. The Utilities - Regulated industry median Gross Margin % is 30.72. New Jersey Resources' value of 27.46% is 10.6% below this industry median. Based on the distribution chart, New Jersey Resources ranks #169 out of 485 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, New Jersey Resources has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New Jersey Resources' Gross Margin % compare to BKH and SWX?
According to the Utilities - Regulated industry distribution chart, New Jersey Resources ranks #169 out of 485 companies for Gross Margin %. This puts New Jersey Resources in the upper half of its industry. The industry median Gross Margin % is 30.72. New Jersey Resources' value of 27.46% is 10.6% below this benchmark. Historically, New Jersey Resources' own Gross Margin % has ranged from 10.79 to 38.59 over the past decade. While the company's 10-year median is 19.65 vs. the industry median of 30.72, New Jersey Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.72, based on 485 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Jersey Resources's current Gross Margin % of 27.46% is 10.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on New Jersey Resources and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Jersey Resources's current Gross Margin % is 27.46%, which is 40% above median its own 10-year median of 19.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Jersey Resources stock overvalued right now?
Based on GuruFocus' analysis, New Jersey Resources (NJR) is currently considered Fairly Valued. The stock's GF Value™ is $53.96, compared to a current price of $53.52 — trading 0.8% below its estimated fair value. The current Gross Margin % is 27.46%, which is 40% above median its 10-year median of 19.65 and 10.6% below the Utilities - Regulated industry median of 30.72. New Jersey Resources' overall GF Score™ is 73/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For New Jersey Resources (NJR), the current Gross Margin % is 27.46% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is New Jersey Resources (NJR) Overvalued in 2026?
Based on GuruFocus' analysis, New Jersey Resources stock appears to be undervalued.
The current stock price of $53.52 is trading 0.8% below its estimated GF Value™ of $53.96.
GuruFocus considers New Jersey Resources to be Fairly Valued.
Key valuation signals for NJR:
Gross Margin %: 27.46% (40% above median its 10-year median of 19.65)
GF Value™: $53.96 vs. price of $53.52 (0.8% below fair value)
Industry Position: 10.6% below the Utilities - Regulated median (#169 of 485)
No single metric tells the full story. See the NJR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 nearly 600,000 customers in the state. NJR's nonregulated businesses include investments in commercial solar projects and several large midstream natural gas projects.
73GF Score
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