NewJersey Resources Corporation (NJR): Price and Financial Metrics

NJR POWR Grades

• Momentum is the dimension where NJR ranks best; there it ranks ahead of 88.12% of US stocks.
• The strongest trend for NJR is in Stability, which has been heading down over the past 177 days.
• NJR's current lowest rank is in the Quality metric (where it is better than 11.94% of US stocks).

NJR Stock Summary

• NEW JERSEY RESOURCES CORP's stock had its IPO on December 30, 1987, making it an older stock than 90.76% of US equities in our set.
• Of note is the ratio of NEW JERSEY RESOURCES CORP's sales and general administrative expense to its total operating expenses; just 0.4% of US stocks have a lower such ratio.
• For NJR, its debt to operating expenses ratio is greater than that reported by 96.03% of US equities we're observing.
• If you're looking for stocks that are quantitatively similar to NEW JERSEY RESOURCES CORP, a group of peers worth examining would be SR, CWEN, BKH, LNT, and NWN.
• NJR's SEC filings can be seen here. And to visit NEW JERSEY RESOURCES CORP's official web site, go to www.njresources.com.

NJR Valuation Summary

• In comparison to the median Utilities stock, NJR's price/sales ratio is 27.27% lower, now standing at 1.6.
• NJR's price/earnings ratio has moved up 2.7 over the prior 243 months.

Below are key valuation metrics over time for NJR.

NJR Growth Metrics

Its year over year revenue growth rate is now at 27.24%.
• Its 4 year price growth rate is now at -16.33%.
• The 3 year cash and equivalents growth rate now stands at -83.28%.

NJR's revenue has moved up $816,676,000 over the prior 70 months.

The table below shows NJR's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-12-31	2,953.704	271.94	279.531
2022-09-30	2,905.979	323.48	274.922
2022-06-30	2,673.021	285.035	219.267
2022-03-31	2,488.279	365.115	94.383
2021-12-31	2,378.15	321.824	148.157
2021-09-30	2,156.613	390.954	117.89

NJR's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• NJR has a Quality Grade of F, ranking ahead of 4.02% of graded US stocks.
• NJR's asset turnover comes in at 0.371 -- ranking 20th of 105 Utilities stocks.
• AROC, UGI, and CNP are the stocks whose asset turnover ratios are most correlated with NJR.

The table below shows NJR's key quality metrics over time.