New Jersey Resources Corp
NYSE:NJR
Net Margin
New Jersey Resources Corp
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| US |
|
New Jersey Resources Corp
NYSE:NJR
|
4.8B USD |
18%
|
|
| ES |
|
Naturgy Energy Group SA
MAD:NTGY
|
23.3B EUR |
10%
|
|
| US |
|
Atmos Energy Corp
NYSE:ATO
|
23.7B USD |
26%
|
|
| IT |
|
Snam SpA
MIL:SRG
|
15.6B EUR |
30%
|
|
| HK |
|
Hong Kong and China Gas Co Ltd
HKEX:3
|
122.8B HKD |
10%
|
|
| IN |
|
GAIL (India) Ltd
NSE:GAIL
|
1.1T INR |
9%
|
|
| JP |
T
|
Tokyo Gas Co Ltd
TSE:9531
|
1.8T JPY |
3%
|
|
| JP |
|
Osaka Gas Co Ltd
TSE:9532
|
1.4T JPY |
5%
|
|
| CN |
|
ENN Energy Holdings Ltd
HKEX:2688
|
66.1B HKD |
5%
|
|
| CN |
|
ENN Natural Gas Co Ltd
SSE:600803
|
60.9B CNY |
5%
|
|
| HK |
|
Kunlun Energy Company Ltd
HKEX:135
|
64.2B HKD |
3%
|
New Jersey Resources Corp
Glance View
Nestled in the economic tapestry of the Garden State, New Jersey Resources Corp. stands as a pivotal player in the energy sector, primarily through its regulated utility company, New Jersey Natural Gas. This core branch serves as the backbone, distributing natural gas to over half a million customers across New Jersey, an area characterized by its dense population and sprawling suburban communities. The company’s operational prowess is anchored in its ability to ensure reliable, year-round gas distribution to residential, commercial, and industrial customers. By focusing on the delivery of this essential service, New Jersey Resources secures a steady revenue stream, safeguarded by state regulatory frameworks that allow for measured rate increases to cover operational costs and maintain profitability. Beyond the utility operations, New Jersey Resources ventures into clean energy projects and energy services, navigating the evolving landscape of renewable energy. Its subsidiary, NJR Clean Energy Ventures, invests in solar and onshore wind projects, capitalizing on the growing demand for sustainable energy sources. Meanwhile, NJR Energy Services participates in energy trading markets, optimizing the procurement and management of natural gas supplies. By diversifying its portfolio, the company not only mitigates risk but also positions itself at the forefront of the transition towards greener energy solutions. This strategic layering of business segments underscores New Jersey Resources' commitment to growth and adaptation in an ever-changing energy market, ensuring its resilience and relevance in both current and future energy paradigms.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on New Jersey Resources Corp's most recent financial statements, the company has Net Margin of 18.3%.
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