2024 Q1 Form 10-Q Financial Statement

#000035630924000027 Filed on February 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4
Revenue $433.2M $321.2M
YoY Change 12.68% -11.89%
Cost Of Revenue $311.2M $177.5M
YoY Change -2.3% -57.37%
Gross Profit $346.7M $289.7M
YoY Change 6.52% -5.69%
Gross Profit Margin 80.05% 90.21%
Selling, General & Admin $32.00M $21.93M
YoY Change 24.35% 4.97%
% of Gross Profit 9.23% 7.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $40.08M $40.29M
YoY Change 5.21% 9.82%
% of Gross Profit 11.56% 13.9%
Operating Expenses $176.5M $153.9M
YoY Change 10.1% 14.49%
Operating Profit $170.2M $135.8M
YoY Change 3.05% -21.4%
Interest Expense $31.62M $31.47M
YoY Change 4.49% 6.72%
% of Operating Profit 18.58% 23.17%
Other Income/Expense, Net $15.42M $6.341M
YoY Change 222.66% 36.22%
Pretax Income $154.0M $110.7M
YoY Change 10.25% -25.19%
Income Tax $33.95M $22.94M
% Of Pretax Income 22.04% 20.72%
Net Earnings $120.8M $89.41M
YoY Change 9.58% -22.87%
Net Earnings / Revenue 27.89% 27.84%
Basic Earnings Per Share $1.23 $0.91
Diluted Earnings Per Share $1.22 $0.91
COMMON SHARES
Basic Shares Outstanding 98.30M shares 97.71M shares
Diluted Shares Outstanding 99.10M shares 98.56M shares

Balance Sheet

Concept 2024 Q1 2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.036M $2.739M
YoY Change -81.41% 13.79%
Cash & Equivalents $5.036M $2.739M
Short-Term Investments
Other Short-Term Assets $25.73M $23.86M
YoY Change 12.72% -5.61%
Inventory $111.4M $224.6M
Prepaid Expenses
Receivables $175.5M $161.6M
Other Receivables $15.80M $15.60M
Total Short-Term Assets $553.7M $677.0M
YoY Change -10.11% -33.1%
LONG-TERM ASSETS
Property, Plant & Equipment $5.343B $5.272B
YoY Change 7.05% 7.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $101.8M $103.3M
YoY Change -3.18% -2.74%
Other Assets $61.95M $62.68M
YoY Change -14.85% -8.73%
Total Long-Term Assets $6.094B $6.072B
YoY Change 7.28% 8.46%
TOTAL ASSETS
Total Short-Term Assets $553.7M $677.0M
Total Long-Term Assets $6.094B $6.072B
Total Assets $6.647B $6.749B
YoY Change 5.58% 2.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $127.2M $105.6M
YoY Change 4.4% -4.39%
Accrued Expenses $4.780M $4.798M
YoY Change -9.95% 2.94%
Deferred Revenue $109.7M $118.5M
YoY Change 165.92% 199.65%
Short-Term Debt $196.2M $268.7M
YoY Change 4.53% -42.16%
Long-Term Debt Due $148.4M $219.6M
YoY Change -2.5% 174.14%
Total Short-Term Liabilities $789.1M $962.0M
YoY Change 10.91% -9.77%
LONG-TERM LIABILITIES
Long-Term Debt $2.726B $2.739B
YoY Change 3.18% 1.79%
Other Long-Term Liabilities $13.12M $13.18M
YoY Change 17.48% 16.5%
Total Long-Term Liabilities $952.8M $981.8M
YoY Change 1.19% 5.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $789.1M $962.0M
Total Long-Term Liabilities $952.8M $981.8M
Total Liabilities $1.742B $1.944B
YoY Change 5.37% -2.63%
SHAREHOLDERS EQUITY
Retained Earnings $1.306B $1.226B
YoY Change 7.17% 7.01%
Common Stock $850.4M $827.6M
YoY Change 10.19% 7.52%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.179B $2.066B
YoY Change
Total Liabilities & Shareholders Equity $6.647B $6.749B
YoY Change 5.58% 2.1%

Cashflow Statement

Concept 2024 Q1 2023 Q4
OPERATING ACTIVITIES
Net Income $120.8M $89.41M
YoY Change 9.58% -22.87%
Depreciation, Depletion And Amortization $40.08M $40.29M
YoY Change 5.21% 9.82%
Cash From Operating Activities $292.2M $46.42M
YoY Change -32.37% -152.18%
INVESTING ACTIVITIES
Capital Expenditures $114.2M $105.6M
YoY Change 6.0% -23.77%
Acquisitions
YoY Change
Other Investing Activities -$7.005M -$8.147M
YoY Change -16.76% 16.92%
Cash From Investing Activities -$121.2M -$113.8M
YoY Change 4.35% -21.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -168.6M $69.29M
YoY Change -42.09% -70.63%
NET CHANGE
Cash From Operating Activities 292.2M $46.42M
Cash From Investing Activities -121.2M -$113.8M
Cash From Financing Activities -168.6M $69.29M
Net Change In Cash 2.317M $1.912M
YoY Change -90.61% 35.03%
FREE CASH FLOW
Cash From Operating Activities $292.2M $46.42M
Capital Expenditures $114.2M $105.6M
Free Cash Flow $178.0M -$59.23M
YoY Change -45.12% -73.97%

Facts In Submission

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CY2022Q4 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1652000 usd
CY2023Q4 njr Increase Decrease In Operating Capital Current
IncreaseDecreaseInOperatingCapitalCurrent
97615000 usd
CY2022Q4 njr Increase Decrease In Operating Capital Current
IncreaseDecreaseInOperatingCapitalCurrent
335025000 usd
CY2023Q4 us-gaap Interest Paid Net
InterestPaidNet
29779000 usd
CY2022Q4 us-gaap Interest Paid Net
InterestPaidNet
22986000 usd
CY2023Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
629000 usd
CY2022Q4 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
30000 usd
CY2023Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
13333000 usd
CY2022Q4 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
24119000 usd
CY2023Q4 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
3927578000 usd
CY2023Q3 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
3843037000 usd
CY2023Q4 njr Public Utilities Property Plantand Equipment Workin Progress
PublicUtilitiesPropertyPlantandEquipmentWorkinProgress
230603000 usd
CY2023Q3 njr Public Utilities Property Plantand Equipment Workin Progress
PublicUtilitiesPropertyPlantandEquipmentWorkinProgress
237428000 usd
CY2023Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
1784035000 usd
CY2023Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
1767306000 usd
CY2023Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
153541000 usd
CY2023Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
142768000 usd
CY2023Q4 njr Public Utilities And Other Property Plantand Equipment Gross
PublicUtilitiesAndOtherPropertyPlantandEquipmentGross
6095757000 usd
CY2023Q3 njr Public Utilities And Other Property Plantand Equipment Gross
PublicUtilitiesAndOtherPropertyPlantandEquipmentGross
5990539000 usd
CY2023Q4 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
732326000 usd
CY2023Q3 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
714087000 usd
CY2023Q4 njr Accumulated Depreciation Depletionand Amortization Other Property Plantand Equipment
AccumulatedDepreciationDepletionandAmortizationOtherPropertyPlantandEquipment
266896000 usd
CY2023Q3 njr Accumulated Depreciation Depletionand Amortization Other Property Plantand Equipment
AccumulatedDepreciationDepletionandAmortizationOtherPropertyPlantandEquipment
254397000 usd
CY2023Q4 njr Public Utilities And Other Property Plantand Equipment Net
PublicUtilitiesAndOtherPropertyPlantandEquipmentNet
5096535000 usd
CY2023Q3 njr Public Utilities And Other Property Plantand Equipment Net
PublicUtilitiesAndOtherPropertyPlantandEquipmentNet
5022055000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2739000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
954000 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
170472000 usd
CY2023Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
97540000 usd
CY2023Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
91931000 usd
CY2023Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
19100000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8847000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
11036000 usd
CY2023Q4 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
76728000 usd
CY2023Q3 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
73587000 usd
CY2023Q4 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
193742000 usd
CY2023Q3 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
199501000 usd
CY2023Q4 us-gaap Other Inventory
OtherInventory
30833000 usd
CY2023Q3 us-gaap Other Inventory
OtherInventory
27022000 usd
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
15535000 usd
CY2023Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
9741000 usd
CY2023Q4 us-gaap Prepaid Taxes
PrepaidTaxes
22860000 usd
CY2023Q3 us-gaap Prepaid Taxes
PrepaidTaxes
43046000 usd
CY2023Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
37771000 usd
CY2023Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
30755000 usd
CY2023Q4 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
19331000 usd
CY2023Q3 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
20796000 usd
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
23863000 usd
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
21071000 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
676958000 usd
CY2023Q3 us-gaap Assets Current
AssetsCurrent
532077000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
103268000 usd
CY2023Q3 us-gaap Equity Method Investments
EquityMethodInvestments
104134000 usd
CY2023Q4 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
581907000 usd
CY2023Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
584830000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
175864000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
175740000 usd
CY2023Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
1178000 usd
CY2023Q3 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
1564000 usd
CY2023Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
9105000 usd
CY2023Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
8375000 usd
CY2023Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
22903000 usd
CY2023Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
28383000 usd
CY2023Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
18651000 usd
CY2023Q3 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
18684000 usd
CY2023Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
62679000 usd
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
61654000 usd
CY2023Q4 us-gaap Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
975555000 usd
CY2023Q3 us-gaap Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
983364000 usd
CY2023Q4 us-gaap Assets
Assets
6749048000 usd
CY2023Q3 us-gaap Assets
Assets
6537496000 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
2.50
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
2.50
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
98202255 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
97584455 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
245009000 usd
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
243458000 usd
CY2023Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
582551000 usd
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
558654000 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-9564000 usd
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-9959000 usd
CY2023Q4 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
15710 shares
CY2023Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
13041 shares
CY2023Q4 njr Stockholders Equity Treasury Stock And Other Value
StockholdersEquityTreasuryStockAndOtherValue
22136000 usd
CY2023Q3 njr Stockholders Equity Treasury Stock And Other Value
StockholdersEquityTreasuryStockAndOtherValue
20748000 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1226069000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1177834000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2066201000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
1990735000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2738997000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2768017000 usd
CY2023Q4 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
4805198000 usd
CY2023Q3 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
4758752000 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
219627000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
116155000 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
268650000 usd
CY2023Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
252100000 usd
CY2023Q4 us-gaap Gas Purchase Payable Current
GasPurchasePayableCurrent
76178000 usd
CY2023Q3 us-gaap Gas Purchase Payable Current
GasPurchasePayableCurrent
51277000 usd
CY2023Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
118519000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
61404000 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
105627000 usd
CY2023Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
151790000 usd
CY2023Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
41175000 usd
CY2023Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
40981000 usd
CY2023Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
10799000 usd
CY2023Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
10090000 usd
CY2023Q4 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
30344000 usd
CY2023Q3 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
32287000 usd
CY2023Q4 njr Clean Energy Program Current
CleanEnergyProgramCurrent
14382000 usd
CY2023Q3 njr Clean Energy Program Current
CleanEnergyProgramCurrent
15804000 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
13196000 usd
CY2023Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
16145000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4798000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4772000 usd
CY2023Q4 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
12419000 usd
CY2023Q3 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
8029000 usd
CY2023Q4 us-gaap Deferred Income Current
DeferredIncomeCurrent
45461000 usd
CY2023Q3 us-gaap Deferred Income Current
DeferredIncomeCurrent
44910000 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
962032000 usd
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
806603000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
299454000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
285427000 usd
CY2023Q4 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
2365000 usd
CY2023Q3 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
2434000 usd
CY2023Q4 njr Deferred Gain Noncurrent
DeferredGainNoncurrent
635000 usd
CY2023Q3 njr Deferred Gain Noncurrent
DeferredGainNoncurrent
659000 usd
CY2023Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
7464000 usd
CY2023Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
7967000 usd
CY2023Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
165315000 usd
CY2023Q3 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
169390000 usd
CY2023Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
102482000 usd
CY2023Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
102528000 usd
CY2023Q4 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
179638000 usd
CY2023Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
180458000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
148849000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
148023000 usd
CY2023Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
62435000 usd
CY2023Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
61993000 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13181000 usd
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13262000 usd
CY2023Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
981818000 usd
CY2023Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
972141000 usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6749048000 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6537496000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
1990735000 usd
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
89411000 usd
CY2023Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
395000 usd
CY2023Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3741000 usd
CY2023Q4 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
3788000 usd
CY2023Q4 njr Stock Issued During Period Value Dividend Reinvestment Plan Waiver Discount
StockIssuedDuringPeriodValueDividendReinvestmentPlanWaiverDiscount
17919000 usd
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.42
CY2023Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
41176000 usd
CY2023Q4 njr Stockholders Equity Treasury Stock Activity And Other
StockholdersEquityTreasuryStockActivityAndOther
-1388000 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
2066201000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1817210000 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
115921000 usd
CY2022Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
304000 usd
CY2022Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3472000 usd
CY2022Q4 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
3866000 usd
CY2022Q4 njr Stock Issued During Period Value Dividend Reinvestment Plan Waiver Discount
StockIssuedDuringPeriodValueDividendReinvestmentPlanWaiverDiscount
17919000 usd
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.39
CY2022Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
37665000 usd
CY2022Q4 njr Stockholders Equity Treasury Stock Activity And Other
StockholdersEquityTreasuryStockActivityAndOther
-1768000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1922795000 usd
CY2023Q4 us-gaap Nature Of Operations
NatureOfOperations
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1. NATURE OF THE BUSINESS</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company provides regulated natural gas distribution services, transmission and storage services and operates certain unregulated businesses primarily through the following:</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">NJNG provides natural gas utility service to approximately 579,600 customers throughout Burlington, Middlesex, Monmouth, Morris, Ocean and Sussex counties in New Jersey and is subject to rate regulation by the BPU. NJNG comprises the Natural Gas Distribution segment.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Clean Energy Ventures, the Company's clean energy subsidiary, comprises the CEV segment and invests in, owns and operates clean energy projects, including commercial and residential solar installations located in New Jersey, Rhode Island, New York, Connecticut, Michigan and Indiana.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Energy Services comprises the ES segment. ES maintains and transacts around a portfolio of natural gas transportation and storage capacity contracts and provides physical wholesale energy, retail energy and energy management services in the U.S. and Canada.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">NJR Midstream Holdings Corporation, which comprises the S&amp;T segment, invests in energy-related ventures through its subsidiaries. The Company operates natural gas storage and transmission assets through the wholly-owned subsidiaries of Leaf River and Adelphia, and is subject to rate regulation by FERC. The Company holds a 50% combined ownership interest in Steckman Ridge, located in Pennsylvania which is accounted for under the equity method of accounting.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">NJR Retail Holdings Corporation has one principal subsidiary, NJRHS, which provides heating, central air conditioning, standby generators, solar and other indoor and outdoor comfort products to residential homes throughout New Jersey. NJRHS is included in HSO.</span></div>
CY2023Q4 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires the Company to make estimates that affect the reported amounts of assets, liabilities, revenues, expenses and related disclosure of contingencies during the reporting period. On a quarterly basis or more frequently whenever events or changes in circumstances indicate a need, the Company evaluates its estimates, including those related to the calculation of the fair value of derivative instruments, debt, equity method investments, lease liabilities, unbilled revenues, allowance for doubtful accounts, provisions for depreciation and amortization, long-lived assets, regulatory assets and liabilities, income taxes, pensions and other postemployment benefits, contingencies related to environmental matters and litigation. Asset retirement obligations are evaluated periodically as required. The Company’s estimates are based on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources.</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:24.75pt"><span><br/></span></div><div style="text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has legal, regulatory and environmental proceedings during the normal course of business that can result in loss contingencies. When evaluating the potential for a loss, the Company will establish a reserve if a loss is probable and can be reasonably estimated, in which case it is the Company’s policy to accrue the full amount of such estimates. Where the information is sufficient only to establish a range of probable liability, and no point within the range is more likely than any other, it is the Company’s policy to accrue the lower end of the range. In the normal course of business, estimated amounts are subsequently adjusted to actual results that may differ from estimates.</span></div>
CY2021Q3 njr Number Of Megawatts
NumberOfMegawatts
5 megawatt
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2739000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
954000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2407000 usd
CY2023Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
690000 usd
CY2023Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
563000 usd
CY2022Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
461000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3429000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1517000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2868000 usd
CY2023Q4 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
41700000 usd
CY2023Q3 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
39000000 usd
CY2023Q4 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
193742000 usd
CY2023Q4 njr Energy Related Inventory Natural Gasin Storage Bcf
EnergyRelatedInventoryNaturalGasinStorageBCF
42600000 bcf
CY2023Q3 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
199501000 usd
CY2023Q3 njr Energy Related Inventory Natural Gasin Storage Bcf
EnergyRelatedInventoryNaturalGasinStorageBCF
43700000 bcf
CY2023Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
9105000 usd
CY2023Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
8375000 usd
CY2023Q4 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
100000 usd
CY2022Q4 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
100000 usd
CY2023Q4 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
119000 usd
CY2023Q4 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-395000 usd
CY2022Q4 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
91000 usd
CY2022Q4 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-304000 usd
CY2023Q4 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassification</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior period amounts have been reclassified to conform to the current period presentation. Deferred income taxes and postemployment employee benefit assets previously classified within other noncurrent assets on the Unaudited Condensed Consolidated Balance Sheets have been reclassified to their own categories. Intangible assets, net previously classified in its own category on the Unaudited Condensed Consolidated Balance Sheets has been reclassified into other noncurrent assets. Other noncurrent assets and other noncurrent liabilities previously classified in their own categories on the Unaudited Condensed Consolidated Statements of Cash Flow have been combined into one category.</span></div>
CY2023Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
321191000 usd
CY2023Q4 njr Alternative Revenue Programs Revenue
AlternativeRevenueProgramsRevenue
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CY2023Q4 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
147423000 usd
CY2023Q4 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
146019000 usd
CY2023Q4 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
467210000 usd
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
364551000 usd
CY2022Q4 njr Alternative Revenue Programs Revenue
AlternativeRevenueProgramsRevenue
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CY2022Q4 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
370864000 usd
CY2022Q4 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
359016000 usd
CY2022Q4 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
723567000 usd
CY2023Q4 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
146019000 usd
CY2023Q4 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
467210000 usd
CY2022Q4 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
359016000 usd
CY2022Q4 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
723567000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
44910000 usd
CY2023Q4 njr Contract With Customer Increase Decrease For Contract Liability
ContractWithCustomerIncreaseDecreaseForContractLiability
551000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
45461000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
33246000 usd
CY2022Q4 njr Contract With Customer Increase Decrease For Contract Liability
ContractWithCustomerIncreaseDecreaseForContractLiability
7724000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
40970000 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
170472000 usd
CY2023Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
91931000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
45461000 usd
CY2023Q4 njr Contract With Customer Assets Liabilities Net
ContractWithCustomerAssetsLiabilitiesNet
216942000 usd
CY2023Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
97540000 usd
CY2023Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
19100000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
44910000 usd
CY2023Q3 njr Contract With Customer Assets Liabilities Net
ContractWithCustomerAssetsLiabilitiesNet
71730000 usd
CY2023Q4 us-gaap Public Utilities Approved Rate Increase Decrease Amount
PublicUtilitiesApprovedRateIncreaseDecreaseAmount
76900000 usd
CY2023Q4 us-gaap Concentration Risk Credit Risk Financial Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure
210648000 usd
CY2023Q3 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
100000 usd
CY2023Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
100000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
38200000 usd
CY2023Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
31400000 usd
CY2023Q4 njr Effective Income Tax Rate Reconciliation Discrete Adjustments Amount
EffectiveIncomeTaxRateReconciliationDiscreteAdjustmentsAmount
-1200000 usd
CY2022Q4 njr Effective Income Tax Rate Reconciliation Discrete Adjustments Amount
EffectiveIncomeTaxRateReconciliationDiscreteAdjustmentsAmount
-600000 usd
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
89411000 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
115921000 usd
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97869000 shares
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96485000 shares
CY2023Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.91
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.20
CY2023Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97869000 shares
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96485000 shares
CY2023Q4 njr Incremental Common Shares Attributableto Other Dilutive Effect
IncrementalCommonSharesAttributabletoOtherDilutiveEffect
694000 shares
CY2022Q4 njr Incremental Common Shares Attributableto Other Dilutive Effect
IncrementalCommonSharesAttributabletoOtherDilutiveEffect
598000 shares
CY2023Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
98563000 shares
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97083000 shares
CY2023Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.91
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.19
CY2023Q4 njr Effective Income Tax Rate Reconciliation Forecasted Percent
EffectiveIncomeTaxRateReconciliationForecastedPercent
0.215
CY2022Q4 njr Effective Income Tax Rate Reconciliation Forecasted Percent
EffectiveIncomeTaxRateReconciliationForecastedPercent
0.225
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
148849000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
148023000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
19964000 usd
CY2023Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
22875000 usd
CY2023Q4 njr Lease Liability
LeaseLiability
183044000 usd
CY2023Q3 njr Lease Liability
LeaseLiability
184147000 usd
CY2023Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.204
CY2022Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.222
CY2023Q4 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
185700000 usd
CY2023Q3 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
191200000 usd
CY2023Q4 njr Operating Loss Carryforward Expiration Terms
OperatingLossCarryforwardExpirationTerms
P20Y
CY2023Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
700000 usd
CY2023Q3 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
700000 usd
CY2023Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
2540000 usd
CY2022Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
2417000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
528000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
485000 usd
CY2023Q4 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
252000 usd
CY2022Q4 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
235000 usd
CY2023Q4 njr Finance Lease Cost
FinanceLeaseCost
780000 usd
CY2022Q4 njr Finance Lease Cost
FinanceLeaseCost
720000 usd
CY2023Q4 us-gaap Variable Lease Cost
VariableLeaseCost
200000 usd
CY2022Q4 us-gaap Variable Lease Cost
VariableLeaseCost
223000 usd
CY2023Q4 us-gaap Lease Cost
LeaseCost
3520000 usd
CY2022Q4 us-gaap Lease Cost
LeaseCost
3360000 usd
CY2023Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
2236000 usd
CY2022Q4 us-gaap Operating Lease Payments
OperatingLeasePayments
1231000 usd
CY2023Q4 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
252000 usd
CY2022Q4 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
235000 usd
CY2023Q4 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1956000 usd
CY2022Q4 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1699000 usd
CY2023Q4 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1500000 usd
CY2022Q4 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
100000 usd
CY2023Q4 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
175864000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
175740000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
27720000 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
28248000 usd
CY2023Q4 njr Lease Rightof Use Asset
LeaseRightofUseAsset
203584000 usd
CY2023Q3 njr Lease Rightof Use Asset
LeaseRightofUseAsset
203988000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4798000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4772000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
9433000 usd
CY2023Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
8477000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P29Y2M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P29Y2M12D
CY2023Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.035
CY2023Q3 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.035
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y7M6D
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
CY2023Q4 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.033
CY2023Q3 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.027
CY2023Q4 njr Current Charges Recoverable Through Bgss
CurrentChargesRecoverableThroughBgss
208100000 usd
CY2023Q4 us-gaap Recorded Unconditional Purchase Obligation Due In Remainder Of Fiscal Year
RecordedUnconditionalPurchaseObligationDueInRemainderOfFiscalYear
258471000 usd
CY2023Q4 us-gaap Purchase Obligation Due In Next Twelve Months
PurchaseObligationDueInNextTwelveMonths
287512000 usd
CY2023Q4 us-gaap Purchase Obligation Due In Second Year
PurchaseObligationDueInSecondYear
196466000 usd
CY2023Q4 us-gaap Purchase Obligation Due In Third Year
PurchaseObligationDueInThirdYear
168667000 usd
CY2023Q4 us-gaap Purchase Obligation Due In Fourth Year
PurchaseObligationDueInFourthYear
136473000 usd
CY2023Q4 njr Purchase Obligation To Be Paid After Year Four
PurchaseObligationToBePaidAfterYearFour
988375000 usd
CY2023Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
165300000 usd
CY2023Q4 njr Site Contingency Recoveryfrom Third Partyof Environmental Remediation Cost Period
SiteContingencyRecoveryfromThirdPartyofEnvironmentalRemediationCostPeriod
P7Y
CY2023Q4 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
467210000 usd
CY2023Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
40287000 usd
CY2023Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
2026000 usd
CY2023Q4 us-gaap Interest Expense
InterestExpense
31473000 usd
CY2023Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22936000 usd
CY2023Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1660000 usd
CY2023Q4 njr Net Financial Earnings Loss
NetFinancialEarningsLoss
72444000 usd
CY2023Q4 us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
114622000 usd
CY2022Q4 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
723567000 usd
CY2022Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
36683000 usd
CY2022Q4 us-gaap Investment Income Interest
InvestmentIncomeInterest
1959000 usd
CY2022Q4 us-gaap Interest Expense
InterestExpense
29491000 usd
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32978000 usd
CY2022Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
946000 usd
CY2022Q4 njr Net Financial Earnings Loss
NetFinancialEarningsLoss
110284000 usd
CY2022Q4 us-gaap Segment Expenditure Addition To Long Lived Assets
SegmentExpenditureAdditionToLongLivedAssets
145923000 usd
CY2023Q4 us-gaap Assets
Assets
6749048000 usd
CY2023Q3 us-gaap Assets
Assets
6537496000 usd
CY2023Q4 njr Net Financial Earnings Loss
NetFinancialEarningsLoss
72444000 usd
CY2022Q4 njr Net Financial Earnings Loss
NetFinancialEarningsLoss
110284000 usd
CY2023Q4 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
5400000 usd
CY2022Q4 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
31503000 usd
CY2023Q4 njr Unrealized Gain Losson Derivativesand Commodity Contracts Tax
UnrealizedGainLossonDerivativesandCommodityContractsTax
1282000 usd
CY2022Q4 njr Unrealized Gain Losson Derivativesand Commodity Contracts Tax
UnrealizedGainLossonDerivativesandCommodityContractsTax
7487000 usd
CY2023Q4 njr Increase Decreasein Economic Hedging Relatedto Natural Gas Inventory Before Taxes
IncreaseDecreaseinEconomicHedgingRelatedtoNaturalGasInventoryBeforeTaxes
16228000 usd
CY2022Q4 njr Increase Decreasein Economic Hedging Relatedto Natural Gas Inventory Before Taxes
IncreaseDecreaseinEconomicHedgingRelatedtoNaturalGasInventoryBeforeTaxes
-23972000 usd
CY2023Q4 njr Effectsof Economic Hedging Relatedto Natural Gas Inventory Tax
EffectsofEconomicHedgingRelatedtoNaturalGasInventoryTax
3857000 usd
CY2022Q4 njr Effectsof Economic Hedging Relatedto Natural Gas Inventory Tax
EffectsofEconomicHedgingRelatedtoNaturalGasInventoryTax
-5697000 usd
CY2023Q4 njr Income Tax Expense Benefit On Financial Earnings Loss
IncomeTaxExpenseBenefitOnFinancialEarningsLoss
-478000 usd
CY2022Q4 njr Income Tax Expense Benefit On Financial Earnings Loss
IncomeTaxExpenseBenefitOnFinancialEarningsLoss
104000 usd
CY2023Q4 us-gaap Net Income Loss
NetIncomeLoss
89411000 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
115921000 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
857000 usd
CY2023Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
859000 usd
CY2023Q4 njr Numberof Asset Management Agreement
NumberofAssetManagementAgreement
1 lease
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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