New Jersey Resources Overview
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+ Follow13.85%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
New Jersey Resources's return on equity stands at 13.85%. That is below the Energy sector average of 20.42%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
New Jersey Resources sits lower the Energy benchmark (20.42%) with a ROE of 13.85%. That is roughly 32.2% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A ROE of 13.85% for New Jersey Resources means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how New Jersey Resources's ROE evolved across reporting periods, while the comparison chart places NJR next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
Yes — within Energy, ROE is commonly used to spot outliers. New Jersey Resources's reading of 13.85% (sector avg 20.42%) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.
