Return On Equity	(Sep 30 2025) 2025	(Sep 30 2024) 2024	(Sep 30 2023) 2023	(Sep 30 2022) 2022	(Sep 30 2021) 2021
Y / Y Equity Change	8.69 %	10.53 %	9.55 %	11.43 %	-11.59 %
Y / Y Net Income Change	15.82 %	9.46 %	-3.71 %	133.2 %	-39.21 %
Return On Equity	14.03 %	13.17 %	13.3 %	15.13 %	7.23 %

NJR all Ratios >> Back to NJR Management Effectiveness >> See Quarterly NJR Return On Equity

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Roe Comment

In (Sep 30 2025) ROE improved to 14.03 % compare to previous year, due to net income growth.

Financial Statements
New Jersey Resources's Equity	$ 2,392 Millions	Annual NJR's Balance sheet
New Jersey Resources's Annual Income	$ 336 Millions	Annual NJR's Income Statement
Where are NJR's Income coming from?		Visit NJR's Income by Segment

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