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New Jersey Resources's quarterly market cap
increased
from Dec. 2025 ($4,647 Mil) to Mar. 2026 ($5,539 Mil) and
increased
from Mar. 2026 ($5,539 Mil) to Jun. 2026 ($5,683 Mil).
New Jersey Resources's annual market cap
increased
from Sep. 2023 ($3,965 Mil) to Sep. 2024 ($4,695 Mil) and
increased
from Sep. 2024 ($4,695 Mil) to Sep. 2025 ($4,838 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. New Jersey Resources's Enterprise Value for Today is $9,277 Mil.
New Jersey Resources (NYSE:NJR) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
New Jersey Resources Market Cap Related Terms
New Jersey Resources Market Cap Historical Data
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The historical data trend for New Jersey Resources's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, New Jersey Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where New Jersey Resources's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
New Jersey Resources's Market Cap for the fiscal year that ended in Sep. 2025 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 (NJR) has a Market Cap of $5,431 Mil as of Aug. 21, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on New Jersey Resources and its competitors. According to the industry distribution chart, New Jersey Resources ranks #110 out of 510 companies in the Utilities - Regulated industry, placing it in the top 21.6%.
Is New Jersey Resources' Market Cap too high?
New Jersey Resources' current Market Cap is $5,431 Mil. The Utilities - Regulated industry median Market Cap is 922.34. New Jersey Resources' value of $5,431 Mil is 488.8% above this industry median. Based on the distribution chart, New Jersey Resources ranks #110 out of 510 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. 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' Market Cap compare to BKH and SWX?
According to the Utilities - Regulated industry distribution chart, New Jersey Resources ranks #110 out of 510 companies for Market Cap. This places New Jersey Resources in the top 22% of its industry — outperforming the majority of peers. The industry median Market Cap is 922.34. New Jersey Resources' value of $5,431 Mil is 488.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Utilities - Regulated company?
The median Market Cap among Utilities - Regulated companies is 922.34, based on 510 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Jersey Resources's current Market Cap of $5,431 Mil is 488.8% above 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on New Jersey Resources and its competitors. For the Utilities - Regulated industry, the median Market Cap is 922.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Jersey Resources's current Market Cap is $5,431 Mil. 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 Market Cap is $5,431 Mil and 488.8% above the Utilities - Regulated industry median of 922.34. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For New Jersey Resources (NJR), the current Market Cap is $5,431 Mil as of Aug. 21, 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:
Market Cap: $5,431 Mil
GF Value™: $53.96 vs. price of $53.52 (0.8% below fair value)
Industry Position: 488.8% above the Utilities - Regulated median (#110 of 510)
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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