2024 Q4 Form 10-K Financial Statement

#000035630924000083 Filed on November 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024
Revenue $395.8M $1.230B
YoY Change 19.46% 10.65%
Cost Of Revenue $112.2M $716.9M
YoY Change -9.52% -26.76%
Gross Profit $283.6M $1.080B
YoY Change 36.8% 9.71%
Gross Profit Margin 71.65% 87.78%
Selling, General & Admin $3.566M $87.82M
YoY Change -38.52% 16.01%
% of Gross Profit 1.26% 8.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $45.30M $166.6M
YoY Change 15.56% 8.91%
% of Gross Profit 15.97% 15.43%
Operating Expenses $137.5M $621.5M
YoY Change -3.87% 7.7%
Operating Profit $146.1M $458.1M
YoY Change 127.26% 12.56%
Interest Expense -$36.01M -$121.6M
YoY Change 8.8% -198.86%
% of Operating Profit -24.64% -26.55%
Other Income/Expense, Net $10.24M $41.55M
YoY Change -6.08% 59.31%
Pretax Income $120.4M $369.4M
YoY Change 185.87% 19.13%
Income Tax $30.79M $84.91M
% Of Pretax Income 25.58% 22.99%
Net Earnings $91.13M $289.8M
YoY Change 146.29% 9.46%
Net Earnings / Revenue 23.02% 23.56%
Basic Earnings Per Share $2.94
Diluted Earnings Per Share $0.91 $2.92
COMMON SHARES
Basic Shares Outstanding 99.77M shares 99.17M shares 98.63M shares
Diluted Shares Outstanding 99.29M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.017M $1.017M
YoY Change 1.7% 1.7%
Cash & Equivalents $1.017M $1.017M
Short-Term Investments
Other Short-Term Assets $26.90M $200.8M
YoY Change 27.68% -1.06%
Inventory $237.6M $237.6M
Prepaid Expenses
Receivables $97.03M $97.03M
Other Receivables $18.10M $18.10M
Total Short-Term Assets $554.6M $554.6M
YoY Change 4.23% 4.23%
LONG-TERM ASSETS
Property, Plant & Equipment $5.588B $5.588B
YoY Change 7.5% 7.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $101.7M $101.7M
YoY Change -2.3% -2.26%
Other Assets $71.67M $673.5M
YoY Change 16.39% 2.66%
Total Long-Term Assets $6.427B $6.427B
YoY Change 7.02% 7.02%
TOTAL ASSETS
Total Short-Term Assets $554.6M $554.6M
Total Long-Term Assets $6.427B $6.427B
Total Assets $6.982B $6.982B
YoY Change 6.79% 6.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $169.2M $227.6M
YoY Change 11.49% 11.63%
Accrued Expenses $4.945M $4.945M
YoY Change 3.02% 3.02%
Deferred Revenue $21.57M
YoY Change -64.87%
Short-Term Debt $291.8M $291.8M
YoY Change 15.75% 15.75%
Long-Term Debt Due $189.0M $189.0M
YoY Change 62.66% 62.66%
Total Short-Term Liabilities $887.8M $887.8M
YoY Change 10.06% 10.06%
LONG-TERM LIABILITIES
Long-Term Debt $2.879B $2.879B
YoY Change 4.03% 4.03%
Other Long-Term Liabilities $10.33M $653.0M
YoY Change -22.09% -4.57%
Total Long-Term Liabilities $1.014B $3.532B
YoY Change 4.3% 2.32%
TOTAL LIABILITIES
Total Short-Term Liabilities $887.8M $887.8M
Total Long-Term Liabilities $1.014B $3.532B
Total Liabilities $1.902B $4.781B
YoY Change 6.91% 5.16%
SHAREHOLDERS EQUITY
Retained Earnings $1.299B
YoY Change 10.27%
Common Stock $882.0M
YoY Change 9.96%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.200B $2.200B
YoY Change
Total Liabilities & Shareholders Equity $6.982B $6.982B
YoY Change 6.79% 6.79%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024
OPERATING ACTIVITIES
Net Income $91.13M $289.8M
YoY Change 146.29% 9.46%
Depreciation, Depletion And Amortization $45.30M $166.6M
YoY Change 15.56% 8.91%
Cash From Operating Activities $64.51M $427.4M
YoY Change -29.18% -10.77%
INVESTING ACTIVITIES
Capital Expenditures $156.7M $522.9M
YoY Change 5.24% 4.5%
Acquisitions
YoY Change
Other Investing Activities -$19.79M -$46.14M
YoY Change 70.59% 20.47%
Cash From Investing Activities -$176.5M -$569.1M
YoY Change 10.03% 5.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 90.45M $141.8M
YoY Change 29.4% 137.47%
NET CHANGE
Cash From Operating Activities 64.51M $427.4M
Cash From Investing Activities -176.5M -$569.1M
Cash From Financing Activities 90.45M $141.8M
Net Change In Cash -21.52M $95.00K
YoY Change -3687.0% 46.15%
FREE CASH FLOW
Cash From Operating Activities $64.51M $427.4M
Capital Expenditures $156.7M $522.9M
Free Cash Flow -$92.19M -$95.53M
YoY Change 59.49% 346.24%

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PensionAndOtherPostretirementBenefitContributions
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ShareBasedPaymentArrangementDeliveredSharesExpenseTaxBenefit
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ShareBasedPaymentArrangementDeliveredSharesExpenseTaxBenefit
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ShareBasedPaymentArrangementDeliveredSharesExpenseTaxBenefit
144000 usd
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IncreaseDecreaseInOperatingCapitalCurrent
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IncreaseDecreaseInOperatingCapitalCurrent
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IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet
27956000 usd
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NetCashProvidedByUsedInOperatingActivities
323480000 usd
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PaymentsForRemovalCosts
48385000 usd
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PaymentsForRemovalCosts
40555000 usd
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PaymentsForRemovalCosts
39293000 usd
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ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
2246000 usd
CY2023 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
2294000 usd
CY2022 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
2336000 usd
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ProceedsFromOtherEquityInvestments
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ProceedsFromOtherEquityInvestments
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ProceedsFromOtherEquityInvestments
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250000000 usd
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ProceedsFromIssuanceOfOtherLongTermDebt
225000000 usd
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360000000 usd
CY2024 us-gaap Repayments Of Other Long Term Debt
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RepaymentsOfOtherLongTermDebt
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CY2022 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
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ProceedsFromIssuanceOfUnsecuredDebt
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CY2023 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
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ProceedsFromIssuanceOfUnsecuredDebt
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CY2022 us-gaap Repayments Of Unsecured Debt
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ProceedsFromRepaymentsOfShortTermDebt
39700000 usd
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ProceedsFromRepaymentsOfShortTermDebt
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ProceedsFromRepaymentsOfShortTermDebt
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SaleLeasebackTransactionNetProceedsFinancingActivitiesSolar
64694000 usd
CY2023 njr Sale Leaseback Transaction Net Proceeds Financing Activities Solar
SaleLeasebackTransactionNetProceedsFinancingActivitiesSolar
167790000 usd
CY2022 njr Sale Leaseback Transaction Net Proceeds Financing Activities Solar
SaleLeasebackTransactionNetProceedsFinancingActivitiesSolar
24071000 usd
CY2024 njr Net Proceedsfrom Sale Leaseback Transaction Financing Activities
NetProceedsfromSaleLeasebackTransactionFinancingActivities
8814000 usd
CY2023 njr Net Proceedsfrom Sale Leaseback Transaction Financing Activities
NetProceedsfromSaleLeasebackTransactionFinancingActivities
8441000 usd
CY2022 njr Net Proceedsfrom Sale Leaseback Transaction Financing Activities
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17300000 usd
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PaymentsOfDividendsCommonStock
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150973000 usd
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127704000 usd
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ProceedsFromWaiverDiscountIssuanceOfCommonStock
59730000 usd
CY2023 njr Proceeds From Waiver Discount Issuance Of Common Stock
ProceedsFromWaiverDiscountIssuanceOfCommonStock
42807000 usd
CY2022 njr Proceeds From Waiver Discount Issuance Of Common Stock
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ProceedsFromSaleOfTreasuryStock
14676000 usd
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ProceedsFromSaleOfTreasuryStock
14993000 usd
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ProceedsFromSaleOfTreasuryStock
14745000 usd
CY2024 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
5724000 usd
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PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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95000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
65000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1517000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1452000 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6043000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1612000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1517000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1452000 usd
CY2024 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12744000 usd
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IncreaseDecreaseInAccountsReceivable
-112628000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16658000 usd
CY2024 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
11086000 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-67445000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
80801000 usd
CY2024 us-gaap Increase Decrease In Recoverable Refundable Gas Costs
IncreaseDecreaseInRecoverableRefundableGasCosts
-734000 usd
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IncreaseDecreaseInRecoverableRefundableGasCosts
14427000 usd
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IncreaseDecreaseInRecoverableRefundableGasCosts
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IncreaseDecreaseInOtherAccountsPayable
6238000 usd
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IncreaseDecreaseInOtherAccountsPayable
-183772000 usd
CY2022 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
66352000 usd
CY2024 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
16000 usd
CY2023 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
8000 usd
CY2022 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
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IncreaseDecreaseInDeferredRevenue
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IncreaseDecreaseInDeferredRevenue
934000 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
33802000 usd
CY2024 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
15640000 usd
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IncreaseDecreaseInAccountsPayableTrade
7537000 usd
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IncreaseDecreaseInAccountsPayableTrade
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CY2024 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
2013000 usd
CY2023 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1169000 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
406000 usd
CY2024 njr Increase Decrease In Prepaid And Accrued Taxes
IncreaseDecreaseInPrepaidAndAccruedTaxes
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CY2023 njr Increase Decrease In Prepaid And Accrued Taxes
IncreaseDecreaseInPrepaidAndAccruedTaxes
16415000 usd
CY2022 njr Increase Decrease In Prepaid And Accrued Taxes
IncreaseDecreaseInPrepaidAndAccruedTaxes
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IncreaseDecreaseInPayablesToBrokerDealers
19535000 usd
CY2023 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
46364000 usd
CY2022 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
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CY2024 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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IncreaseDecreaseInContractWithCustomerLiability
11664000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
660000 usd
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IncreaseDecreaseInOtherOperatingAssets
7714000 usd
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2102000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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CY2024 njr Increase Decrease In Operating Capital Current
IncreaseDecreaseInOperatingCapitalCurrent
61058000 usd
CY2023 njr Increase Decrease In Operating Capital Current
IncreaseDecreaseInOperatingCapitalCurrent
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CY2022 njr Increase Decrease In Operating Capital Current
IncreaseDecreaseInOperatingCapitalCurrent
77687000 usd
CY2024 us-gaap Interest Paid Net
InterestPaidNet
120239000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
108194000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
84375000 usd
CY2024 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
21313000 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4282000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4252000 usd
CY2024 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
22535000 usd
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
25867000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
34674000 usd
CY2024Q3 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
4221395000 usd
CY2023Q3 us-gaap Public Utilities Property Plant And Equipment Plant In Service
PublicUtilitiesPropertyPlantAndEquipmentPlantInService
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CY2024Q3 njr Public Utilities Property Plantand Equipment Workin Progress
PublicUtilitiesPropertyPlantandEquipmentWorkinProgress
233295000 usd
CY2023Q3 njr Public Utilities Property Plantand Equipment Workin Progress
PublicUtilitiesPropertyPlantandEquipmentWorkinProgress
237428000 usd
CY2024Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
1834956000 usd
CY2023Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
1767306000 usd
CY2024Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
206869000 usd
CY2023Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
142768000 usd
CY2024Q3 njr Public Utilities And Other Property Plantand Equipment Gross
PublicUtilitiesAndOtherPropertyPlantandEquipmentGross
6496515000 usd
CY2023Q3 njr Public Utilities And Other Property Plantand Equipment Gross
PublicUtilitiesAndOtherPropertyPlantandEquipmentGross
5990539000 usd
CY2024Q3 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
786594000 usd
CY2023Q3 us-gaap Public Utilities Property Plant And Equipment Accumulated Depreciation
PublicUtilitiesPropertyPlantAndEquipmentAccumulatedDepreciation
714087000 usd
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AccumulatedDepreciationDepletionandAmortizationOtherPropertyPlantandEquipment
306698000 usd
CY2023Q3 njr Accumulated Depreciation Depletionand Amortization Other Property Plantand Equipment
AccumulatedDepreciationDepletionandAmortizationOtherPropertyPlantandEquipment
254397000 usd
CY2024Q3 njr Public Utilities And Other Property Plantand Equipment Net
PublicUtilitiesAndOtherPropertyPlantandEquipmentNet
5403223000 usd
CY2023Q3 njr Public Utilities And Other Property Plantand Equipment Net
PublicUtilitiesAndOtherPropertyPlantandEquipmentNet
5022055000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1017000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
954000 usd
CY2024Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
105531000 usd
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AccountsReceivableGrossCurrent
97540000 usd
CY2024Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
20094000 usd
CY2023Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
19100000 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
8506000 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
11036000 usd
CY2024Q3 us-gaap Regulatory Assets Current
RegulatoryAssetsCurrent
73070000 usd
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RegulatoryAssetsCurrent
73587000 usd
CY2024Q3 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
199125000 usd
CY2023Q3 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
199501000 usd
CY2024Q3 us-gaap Other Inventory
OtherInventory
38484000 usd
CY2023Q3 us-gaap Other Inventory
OtherInventory
27022000 usd
CY2024Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
11754000 usd
CY2023Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
9741000 usd
CY2024Q3 us-gaap Prepaid Taxes
PrepaidTaxes
67066000 usd
CY2023Q3 us-gaap Prepaid Taxes
PrepaidTaxes
43046000 usd
CY2024Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
6813000 usd
CY2023Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
30755000 usd
CY2024Q3 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
13243000 usd
CY2023Q3 us-gaap Receivables From Brokers Dealers And Clearing Organizations
ReceivablesFromBrokersDealersAndClearingOrganizations
20796000 usd
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
26904000 usd
CY2023Q3 us-gaap Other Assets Current
OtherAssetsCurrent
21071000 usd
CY2024Q3 us-gaap Assets Current
AssetsCurrent
554595000 usd
CY2023Q3 us-gaap Assets Current
AssetsCurrent
532077000 usd
CY2024Q3 us-gaap Equity Method Investments
EquityMethodInvestments
101744000 usd
CY2023Q3 us-gaap Equity Method Investments
EquityMethodInvestments
104134000 usd
CY2024Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
609192000 usd
CY2023Q3 us-gaap Regulatory Assets Noncurrent
RegulatoryAssetsNoncurrent
584830000 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
184485000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
175740000 usd
CY2024Q3 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
806000 usd
CY2023Q3 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
1564000 usd
CY2024Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
10522000 usd
CY2023Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
8375000 usd
CY2024Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
20751000 usd
CY2023Q3 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
28383000 usd
CY2024Q3 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
24660000 usd
CY2023Q3 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
18684000 usd
CY2024Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
71667000 usd
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
61654000 usd
CY2024Q3 us-gaap Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
1023827000 usd
CY2023Q3 us-gaap Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
983364000 usd
CY2024Q3 us-gaap Assets
Assets
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CY2023Q3 us-gaap Assets
Assets
6537496000 usd
CY2024Q3 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
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
99461448 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
97584455 shares
CY2024Q3 us-gaap Common Stock Value
CommonStockValue
248159000 usd
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
243458000 usd
CY2024Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
633811000 usd
CY2023Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
558654000 usd
CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-6521000 usd
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2024Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
16302 shares
CY2023Q3 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
13041 shares
CY2024Q3 njr Stockholders Equity Treasury Stock And Other Value
StockholdersEquityTreasuryStockAndOtherValue
26220000 usd
CY2023Q3 njr Stockholders Equity Treasury Stock And Other Value
StockholdersEquityTreasuryStockAndOtherValue
20748000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1298774000 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1177834000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
2200443000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
1990735000 usd
CY2024Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2879464000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2768017000 usd
CY2024Q3 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
5079907000 usd
CY2023Q3 us-gaap Capitalization Longterm Debt And Equity
CapitalizationLongtermDebtAndEquity
4758752000 usd
CY2024Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
189006000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
116155000 usd
CY2024Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
291800000 usd
CY2023Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
252100000 usd
CY2024Q3 us-gaap Gas Purchase Payable Current
GasPurchasePayableCurrent
57515000 usd
CY2023Q3 us-gaap Gas Purchase Payable Current
GasPurchasePayableCurrent
51277000 usd
CY2024Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
21572000 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
61404000 usd
CY2024Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
169232000 usd
CY2023Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
151790000 usd
CY2024Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
44752000 usd
CY2023Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
40981000 usd
CY2024Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
10593000 usd
CY2023Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
10090000 usd
CY2024Q3 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
32981000 usd
CY2023Q3 us-gaap Regulatory Liability Current
RegulatoryLiabilityCurrent
32287000 usd
CY2024Q3 njr Clean Energy Program Current
CleanEnergyProgramCurrent
18491000 usd
CY2023Q3 njr Clean Energy Program Current
CleanEnergyProgramCurrent
15804000 usd
CY2024Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
6271000 usd
CY2023Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
16145000 usd
CY2024Q3 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
1146000 usd
CY2023Q3 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
8029000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4945000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4772000 usd
CY2024Q3 us-gaap Deferred Income Current
DeferredIncomeCurrent
38595000 usd
CY2023Q3 us-gaap Deferred Income Current
DeferredIncomeCurrent
44910000 usd
CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
887774000 usd
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
806603000 usd
CY2024Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
358783000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
285427000 usd
CY2024Q3 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
2156000 usd
CY2023Q3 us-gaap Accumulated Deferred Investment Tax Credit
AccumulatedDeferredInvestmentTaxCredit
2434000 usd
CY2024Q3 njr Deferred Gain Noncurrent
DeferredGainNoncurrent
3095000 usd
CY2023Q3 njr Deferred Gain Noncurrent
DeferredGainNoncurrent
659000 usd
CY2024Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
11490000 usd
CY2023Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
7967000 usd
CY2024Q3 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
161650000 usd
CY2023Q3 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
169390000 usd
CY2024Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
64609000 usd
CY2023Q3 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
102528000 usd
CY2024Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
175847000 usd
CY2023Q3 us-gaap Regulatory Liability Noncurrent
RegulatoryLiabilityNoncurrent
180458000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
159303000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
148023000 usd
CY2024Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
66698000 usd
CY2023Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
61993000 usd
CY2024Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
10333000 usd
CY2023Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
13262000 usd
CY2024Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
1013964000 usd
CY2023Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
972141000 usd
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6981645000 usd
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6537496000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
1630862000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
274922000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
29702000 usd
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
9146000 usd
CY2022 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
14741000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.4775
CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
142004000 usd
CY2022 njr Stockholders Equity Treasury Stock Activity And Other
StockholdersEquityTreasuryStockActivityAndOther
159000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1817210000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
264724000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5133000 usd
CY2023 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5168000 usd
CY2023 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
15034000 usd
CY2023 njr Stock Issued During Period Value Dividend Reinvestment Plan Waiver Discount
StockIssuedDuringPeriodValueDividendReinvestmentPlanWaiverDiscount
42807000 usd
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.59
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
154418000 usd
CY2023 njr Stockholders Equity Treasury Stock Activity And Other
StockholdersEquityTreasuryStockActivityAndOther
-5343000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
1990735000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
289775000 usd
CY2024 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
3438000 usd
CY2024 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5484000 usd
CY2024 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
14644000 usd
CY2024 njr Stock Issued During Period Value Dividend Reinvestment Plan Waiver Discount
StockIssuedDuringPeriodValueDividendReinvestmentPlanWaiverDiscount
59730000 usd
CY2024 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.71
CY2024 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
168835000 usd
CY2024 njr Stockholders Equity Treasury Stock Activity And Other
StockholdersEquityTreasuryStockActivityAndOther
-5472000 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
2200443000 usd
CY2024 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:115%">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:22.5pt"><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 residential and commercial 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:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">NJRCEV, the Company’s clean energy subsidiary, comprises the CEV segment and 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;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:115%">On November 25, 2024, CEV completed the sale of its 91 MW residential solar portfolio, and related assets and liabilities included in The Sunlight Advantage® program to a third party for a total purchase price of $132.5M. See </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%">Note 17. </span><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%;text-decoration:underline"><a href="#i3831724871984f638b7beb4937049b4f_229" style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:115%;text-decoration:underline">Subsequent Events</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%"> for more information regarding the transaction.</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:112%"> </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%">NJRES 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.</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 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>
CY2024 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify;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 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 and the fair value of derivative instruments and debt. AROs 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;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
CY2024 njr Demand Fees
DemandFees
273000000.0 usd
CY2023 njr Demand Fees
DemandFees
258000000.0 usd
CY2022 njr Demand Fees
DemandFees
265700000 usd
CY2024 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.0269
CY2023 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.0268
CY2022 us-gaap Public Utilities Property Plant And Equipment Disclosure Of Composite Depreciation Rate For Plants In Service
PublicUtilitiesPropertyPlantAndEquipmentDisclosureOfCompositeDepreciationRateForPlantsInService
0.0266
CY2024 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
166600000 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
152900000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
129200000 usd
CY2024Q3 njr Public Utilities And Other Property Plantand Equipment Gross
PublicUtilitiesAndOtherPropertyPlantandEquipmentGross
6496515000 usd
CY2023Q3 njr Public Utilities And Other Property Plantand Equipment Gross
PublicUtilitiesAndOtherPropertyPlantandEquipmentGross
5990539000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1093292000 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
968484000 usd
CY2024Q3 njr Public Utilities And Other Property Plantand Equipment Net
PublicUtilitiesAndOtherPropertyPlantandEquipmentNet
5403223000 usd
CY2023Q3 njr Public Utilities And Other Property Plantand Equipment Net
PublicUtilitiesAndOtherPropertyPlantandEquipmentNet
5022055000 usd
CY2024 us-gaap Debt Instrument Term
DebtInstrumentTerm
P7Y
CY2024 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0060
CY2024 njr Sbc Interest Rate
SBCInterestRate
0.0433
CY2023 njr Sbc Interest Rate
SBCInterestRate
0.0479
CY2022 njr Sbc Interest Rate
SBCInterestRate
0.0385
CY2024 njr Deferred Interest
DeferredInterest
2600000 usd
CY2023 njr Deferred Interest
DeferredInterest
1800000 usd
CY2022 njr Deferred Interest
DeferredInterest
900000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1017000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
954000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1107000 usd
CY2024Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
595000 usd
CY2023Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
563000 usd
CY2022Q3 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
345000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1612000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1517000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1452000 usd
CY2024Q3 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
53600000 usd
CY2023Q3 us-gaap Notes And Loans Receivable Gross Noncurrent
NotesAndLoansReceivableGrossNoncurrent
39000000.0 usd
CY2024Q3 us-gaap Energy Related Inventory Natural Gas In Storage
EnergyRelatedInventoryNaturalGasInStorage
199125000 usd
CY2024Q3 njr Energy Related Inventory Natural Gasin Storage Bcf
EnergyRelatedInventoryNaturalGasinStorageBCF
43900000 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
CY2024Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
10522000 usd
CY2023Q3 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
8375000 usd
CY2024 njr Defined Benefit Plan Numberof Plans
DefinedBenefitPlanNumberofPlans
2 plan
CY2024 njr Defined Benefit Plan Numberof Medicaland Life Insurance Plans
DefinedBenefitPlanNumberofMedicalandLifeInsurancePlans
2 plan
CY2024 njr Future Accretion Year One
FutureAccretionYearOne
3403000 usd
CY2024 njr Future Accretion Year Two
FutureAccretionYearTwo
3573000 usd
CY2024 njr Future Accretion Year Three
FutureAccretionYearThree
3751000 usd
CY2024 njr Future Accretion Year Four
FutureAccretionYearFour
3948000 usd
CY2024 njr Future Accretion Year Five
FutureAccretionYearFive
4165000 usd
CY2024 njr Future Accretion
FutureAccretion
18840000 usd
CY2023 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
-1922000 usd
CY2023 us-gaap Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
-6350000 usd
CY2023 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
366000 usd
CY2023 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-1217000 usd
CY2023 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-1556000 usd
CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5133000 usd
CY2024 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. Intangible assets, net previously classified in its own category on the 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 Consolidated Statements of Cash Flow have been combined into one category.</span></div>
CY2024 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1229949000 usd
CY2024 njr Alternative Revenue Programs Revenue
AlternativeRevenueProgramsRevenue
1087000 usd
CY2024 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
560628000 usd
CY2024 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
566590000 usd
CY2024 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1796539000 usd
CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1111520000 usd
CY2023 njr Alternative Revenue Programs Revenue
AlternativeRevenueProgramsRevenue
27257000 usd
CY2023 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
834387000 usd
CY2023 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
851474000 usd
CY2023 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1962994000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1198985000 usd
CY2022 njr Alternative Revenue Programs Revenue
AlternativeRevenueProgramsRevenue
11259000 usd
CY2022 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
1695829000 usd
CY2022 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
1706994000 usd
CY2022 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
2905979000 usd
CY2024 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
566590000 usd
CY2024 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1796539000 usd
CY2023 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
851474000 usd
CY2023 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
1962994000 usd
CY2022 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
1706994000 usd
CY2022 us-gaap Regulated And Unregulated Operating Revenue
RegulatedAndUnregulatedOperatingRevenue
2905979000 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
33246000 usd
CY2023 njr Contractwith Customer Increase Decreasefor Contract Liability
ContractwithCustomerIncreaseDecreaseforContractLiability
11664000 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
44910000 usd
CY2024 njr Contractwith Customer Increase Decreasefor Contract Liability
ContractwithCustomerIncreaseDecreaseforContractLiability
-6315000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
38595000 usd
CY2024Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
105531000 usd
CY2024Q3 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
20094000 usd
CY2024Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
38595000 usd
CY2024Q3 njr Contractwith Customer Assets Liabilities Net
ContractwithCustomerAssetsLiabilitiesNet
87030000 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 Contractwith Customer Assets Liabilities Net
ContractwithCustomerAssetsLiabilitiesNet
71730000 usd
CY2024 njr Public Utilities Numberof Interim Filings During Each Fiscal Year
PublicUtilitiesNumberofInterimFilingsDuringEachFiscalYear
2 filing
CY2024 njr Public Utilities Numberof Days Noticefor Refund
PublicUtilitiesNumberofDaysNoticeforRefund
P5D
CY2023Q4 us-gaap Public Utilities Approved Rate Increase Decrease Amount
PublicUtilitiesApprovedRateIncreaseDecreaseAmount
76900000 usd
CY2024 us-gaap Concentration Risk Credit Risk Financial Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure
138289000 usd
CY2024 us-gaap Net Income Loss
NetIncomeLoss
289775000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
264724000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
274922000 usd
CY2024 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
98634000 shares
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97028000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96100000 shares
CY2024 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.94
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.73
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.86
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97028000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
96100000 shares
CY2024 njr Incremental Common Shares Attributable To Other Dilutive Effect
IncrementalCommonSharesAttributableToOtherDilutiveEffect
655000 shares
CY2023 njr Incremental Common Shares Attributable To Other Dilutive Effect
IncrementalCommonSharesAttributableToOtherDilutiveEffect
599000 shares
CY2022 njr Incremental Common Shares Attributable To Other Dilutive Effect
IncrementalCommonSharesAttributableToOtherDilutiveEffect
388000 shares
CY2024 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
99289000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97627000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
96488000 shares
CY2024 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.92
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.71
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.85
CY2024Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2879464000 usd
CY2023Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
2768017000 usd
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
2620389 shares
CY2024 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
16028000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14716000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14827000 usd
CY2024 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3898000 usd
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3563000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
3624000 usd
CY2024 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
12130000 usd
CY2023 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
11153000 usd
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
11203000 usd
CY2024 njr Share Based Payment Arrangement Delivered Shares Expense Tax Benefit
ShareBasedPaymentArrangementDeliveredSharesExpenseTaxBenefit
1200000 usd
CY2023 njr Share Based Payment Arrangement Delivered Shares Expense Tax Benefit
ShareBasedPaymentArrangementDeliveredSharesExpenseTaxBenefit
600000 usd
CY2022 njr Share Based Payment Arrangement Delivered Shares Expense Tax Benefit
ShareBasedPaymentArrangementDeliveredSharesExpenseTaxBenefit
100000 usd
CY2024 njr Defined Benefit Plan Numberof Plans
DefinedBenefitPlanNumberofPlans
2 plan
CY2024 njr Defined Benefit Plan Required Lengthof Service
DefinedBenefitPlanRequiredLengthofService
P1Y
CY2024 njr Defined Benefit Plan Benefits Basis Period
DefinedBenefitPlanBenefitsBasisPeriod
P60M
CY2024 njr Amortization Period For Defined Benefit Plan Amendments
AmortizationPeriodForDefinedBenefitPlanAmendments
P8Y
CY2024Q3 us-gaap Defined Benefit Plan Plan Assets Target Allocation Percentage
DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
1
CY2024Q3 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1
CY2023Q3 us-gaap Defined Benefit Plan Weighted Average Asset Allocations
DefinedBenefitPlanWeightedAverageAssetAllocations
1
CY2024 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.85
CY2024 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.06
CY2024 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
6800000 usd
CY2023 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
5900000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
5500000 usd
CY2024 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
3600000 usd
CY2023 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
2100000 usd
CY2022 us-gaap Deferred Compensation Arrangement With Individual Contributions By Employer
DeferredCompensationArrangementWithIndividualContributionsByEmployer
2400000 usd
CY2024 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
691000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
13393000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
4238000 usd
CY2024 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-682000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7716000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2104000 usd
CY2024 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
66623000 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
36825000 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
55968000 usd
CY2024 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
18531000 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-8381000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
14185000 usd
CY2024 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
257000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
278000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
300000 usd
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
84906000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
49275000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
76195000 usd
CY2024Q3 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
192238000 usd
CY2023Q3 us-gaap Deferred Tax Assets Tax Credit Carryforwards General Business
DeferredTaxAssetsTaxCreditCarryforwardsGeneralBusiness
191948000 usd
CY2024Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
38762000 usd
CY2023Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
39612000 usd
CY2024Q3 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
14107000 usd
CY2023Q3 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
8205000 usd
CY2024Q3 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
5397000 usd
CY2023Q3 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
5386000 usd
CY2024Q3 njr Deferred Tax Asset Impairment Of Equity Method Investment
DeferredTaxAssetImpairmentOfEquityMethodInvestment
14004000 usd
CY2023Q3 njr Deferred Tax Asset Impairment Of Equity Method Investment
DeferredTaxAssetImpairmentOfEquityMethodInvestment
14004000 usd
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
855000 usd
CY2023Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
6502000 usd
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
10142000 usd
CY2023Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
8949000 usd
CY2024Q3 njr Deferred Tax Assets Amortizationof Intangibles
DeferredTaxAssetsAmortizationofIntangibles
6248000 usd
CY2023Q3 njr Deferred Tax Assets Amortizationof Intangibles
DeferredTaxAssetsAmortizationofIntangibles
6308000 usd
CY2024Q3 njr Deferred Tax Assets Overrecovered Natural Gas Costs
DeferredTaxAssetsOverrecoveredNaturalGasCosts
9072000 usd
CY2023Q3 njr Deferred Tax Assets Overrecovered Natural Gas Costs
DeferredTaxAssetsOverrecoveredNaturalGasCosts
8564000 usd
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
3744000 usd
CY2023Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
4485000 usd
CY2024Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
7226000 usd
CY2023Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
7636000 usd
CY2024Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
301795000 usd
CY2023Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
301599000 usd
CY2024Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5621000 usd
CY2023Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5747000 usd
CY2024Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
296174000 usd
CY2023Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
295852000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
563403000 usd
CY2023Q3 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
487294000 usd
CY2024Q3 njr Deferred Tax Liabilities Remediation Costs
DeferredTaxLiabilitiesRemediationCosts
21656000 usd
CY2023Q3 njr Deferred Tax Liabilities Remediation Costs
DeferredTaxLiabilitiesRemediationCosts
18532000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
28704000 usd
CY2023Q3 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates
28325000 usd
CY2024Q3 njr Deferred Tax Liabilities Conservation Incentive Plan
DeferredTaxLiabilitiesConservationIncentivePlan
14379000 usd
CY2023Q3 njr Deferred Tax Liabilities Conservation Incentive Plan
DeferredTaxLiabilitiesConservationIncentivePlan
14075000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
6065000 usd
CY2023Q3 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
4670000 usd
CY2024Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
634207000 usd
CY2023Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
552896000 usd
CY2024Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
338033000 usd
CY2023Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
257044000 usd
CY2024 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
78683000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
65940000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
73735000 usd
CY2024 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
257000 usd
CY2023 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
278000 usd
CY2022 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
300000 usd
CY2024 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-5644000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-4758000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-3533000 usd
CY2024 njr Effective Income Tax Rate Reconciliation Equity In Allowance For Funds Used During Construction
EffectiveIncomeTaxRateReconciliationEquityInAllowanceForFundsUsedDuringConstruction
1444000 usd
CY2023 njr Effective Income Tax Rate Reconciliation Equity In Allowance For Funds Used During Construction
EffectiveIncomeTaxRateReconciliationEquityInAllowanceForFundsUsedDuringConstruction
1499000 usd
CY2022 njr Effective Income Tax Rate Reconciliation Equity In Allowance For Funds Used During Construction
EffectiveIncomeTaxRateReconciliationEquityInAllowanceForFundsUsedDuringConstruction
2361000 usd
CY2024 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
14517000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
13293000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
13072000 usd
CY2024 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-126000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-16494000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1372000 usd
CY2024 njr Effective Income Tax Rate Reconciliation Tax Act Utility Excess Deferred Income Taxes Amortized
EffectiveIncomeTaxRateReconciliationTaxActUtilityExcessDeferredIncomeTaxesAmortized
-3573000 usd
CY2023 njr Effective Income Tax Rate Reconciliation Tax Act Utility Excess Deferred Income Taxes Amortized
EffectiveIncomeTaxRateReconciliationTaxActUtilityExcessDeferredIncomeTaxesAmortized
-3573000 usd
CY2022 njr Effective Income Tax Rate Reconciliation Tax Act Utility Excess Deferred Income Taxes Amortized
EffectiveIncomeTaxRateReconciliationTaxActUtilityExcessDeferredIncomeTaxesAmortized
-3573000 usd
CY2024 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2750000 usd
CY2023 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-3356000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
527000 usd
CY2024 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
84906000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
49275000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
76195000 usd
CY2024 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.227
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.157
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.217
CY2024Q3 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
191600000 usd
CY2023Q3 us-gaap Tax Credit Carryforward Amount
TaxCreditCarryforwardAmount
191200000 usd
CY2024 njr Operating Loss Carryforward Expiration Terms
OperatingLossCarryforwardExpirationTerms
P20Y
CY2024Q3 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
56600000 usd
CY2023Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4978000 usd
CY2022Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2024 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
15000 usd
CY2023 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
4978000 usd
CY2024Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4993000 usd
CY2023Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4978000 usd
CY2023Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5000000.0 usd
CY2024Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
5000000.0 usd
CY2022Q3 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
17200000 usd
CY2023 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
15800000 usd
CY2024Q3 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
600000 usd
CY2020Q4 njr Investment Tax Credit Solar Property Percentage
InvestmentTaxCreditSolarPropertyPercentage
0.26
CY2021Q4 njr Investment Tax Credit Solar Property Percentage
InvestmentTaxCreditSolarPropertyPercentage
0.26
CY2022Q4 njr Investment Tax Credit Solar Property Percentage
InvestmentTaxCreditSolarPropertyPercentage
0.26
CY2024 us-gaap Operating Lease Cost
OperatingLeaseCost
10368000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
9336000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
9702000 usd
CY2024 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2160000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2105000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1769000 usd
CY2024 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
914000 usd
CY2023 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1084000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
612000 usd
CY2024 njr Finance Lease Cost
FinanceLeaseCost
3074000 usd
CY2023 njr Finance Lease Cost
FinanceLeaseCost
3189000 usd
CY2022 njr Finance Lease Cost
FinanceLeaseCost
2381000 usd
CY2024 us-gaap Short Term Lease Cost
ShortTermLeaseCost
0 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
0 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
34000 usd
CY2024 us-gaap Variable Lease Cost
VariableLeaseCost
1099000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
1128000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
781000 usd
CY2024 us-gaap Lease Cost
LeaseCost
14541000 usd
CY2023 us-gaap Lease Cost
LeaseCost
13653000 usd
CY2022 us-gaap Lease Cost
LeaseCost
12898000 usd
CY2024 us-gaap Operating Lease Payments
OperatingLeasePayments
7932000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
8942000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
7417000 usd
CY2024 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
914000 usd
CY2023 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1084000 usd
CY2022 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
831000 usd
CY2024 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
7792000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
7379000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
7145000 usd
CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
14100000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13200000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
8400000 usd
CY2024 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
184485000 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
175740000 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
26088000 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
28248000 usd
CY2024Q3 njr Lease Right Of Use Asset
LeaseRightOfUseAsset
210573000 usd
CY2023Q3 njr Lease Right Of Use Asset
LeaseRightOfUseAsset
203988000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4945000 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4772000 usd
CY2024Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
7534000 usd
CY2023Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
8477000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
159303000 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
148023000 usd
CY2024Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
16026000 usd
CY2023Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
22875000 usd
CY2024Q3 njr Lease Liability
LeaseLiability
187808000 usd
CY2023Q3 njr Lease Liability
LeaseLiability
184147000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P28Y7M6D
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P29Y2M12D
CY2024Q3 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.038
CY2023Q3 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.035
CY2024Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y3M18D
CY2024Q3 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.034
CY2023Q3 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.027
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
8408000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
8169000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8852000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
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