Company / Operating Margin
New Jersey Resources Operating Margin History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
37.7%
FY2025
5-year range
33.8% / 37.7%
FY2021-FY2025
Trend
+1.1%
vs FY2024
Sector context
#3 of 60
Utilities
What the data says
Among 60 Utilities companies, New Jersey Resources is in the top 5% for operating margin. Operating Margin has increased for 6 consecutive years, from 21.0% in FY2019 to 37.7% in FY2025.
Based on SEC 10-K filings.
37.7% in FY2025 with a 5-year CAGR of +10.2%. Ranks 3rd among 60 companies in Utilities.
Improved from 36.6% to 37.7% over the past 2 years.
Utilities sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +3.8pp
- 5-Year Change
- +10.2pp
- 10-Year Change
- -
Sector benchmark
Top 5% in UtilitiesTop 5% of 60This company 37.7% Sector average 22.0%
▼
+71.5% above sector average
Key checks
Key Insights
- New Jersey Resources's operating margin has grown for 6 consecutive years.
- In FY2025, operating margin increased 1.1% year-over-year.
- Currently 15.7pp above the Utilities sector average.
- Lowest operating margin in the period was in FY2019.
Company context
Key Data Points
- Altman Z-Score 0.72 (distress zone, below 1.8 threshold)
- Strong profit margin: 24.8%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 37.7% | +1.1% |
| FY2024 | 37.3% | +1.7% |
| FY2023 | 36.6% | +8.0% |
| FY2022 | 33.9% | +0.2% |
| FY2021 | 33.8% | +23.2% |
| FY2020 | 27.5% | +30.6% |
| FY2019 | 21.0% | - |
| FY2018 | - | - |
| FY2017 | - | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026