New Jersey Resources
NJR
#2870
Rank
$4.14 B
Marketcap
$42.19
Share price
1.54%
Change (1 day)
-21.02%
Change (1 year)

Operating Margin for New Jersey Resources (NJR)

Operating Margin as of April 2024 (TTM): 13.87%

According to New Jersey Resources's latest financial reports and stock price the company's current Operating Margin is 13.87%. At the end of 2022 the company had an Operating Margin of 11.80%.

Operating Margin history for New Jersey Resources from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202211.80%8.58%
202110.87%14.66%
20209.48%108%
20194.56%-20.28%
20185.72%-5.06%
20176.02%-22.26%
20167.75%-6.83%
20158.31%69.55%
20144.90%11.97%
20134.38%9.45%
20124.00%-5.3%
20114.22%-35.23%
20106.52%437.35%
20091.21%-74.55%
20084.77%36.47%
20073.49%-10.3%
20063.90%-2.08%
20053.98%-14.23%
20044.64%9.4%
20034.24%-16.33%
20025.07%19.92%
20014.23%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
11.46%-17.38%๐Ÿ‡บ๐Ÿ‡ธ USA
14.44% 4.11%๐Ÿ‡บ๐Ÿ‡ธ USA
16.57% 19.47%๐Ÿ‡บ๐Ÿ‡ธ USA
18.16% 30.93%๐Ÿ‡บ๐Ÿ‡ธ USA
8.34%-39.87%๐Ÿ‡บ๐Ÿ‡ธ USA
31.22% 125.09%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.