New Jersey Resources
NJR
#2828
Rank
$4.64 B
Marketcap
$47.00
Share price
0.90%
Change (1 day)
1.73%
Change (1 year)

Operating Margin for New Jersey Resources (NJR)

Operating Margin as of July 2024 (TTM): 16.68%

According to New Jersey Resources's latest financial reports and stock price the company's current Operating Margin is 16.68%. At the end of 2023 the company had an Operating Margin of 15.80%.

Operating Margin history for New Jersey Resources from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202315.80%33.85%
202211.80%8.58%
202110.87%14.66%
20209.48%90.84%
20194.97%-13.11%
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%-73.05%
20084.50%28.9%
20073.49%-69.04%
200611.29%1263.36%
20050.83%-82.15%
20044.64%9.34%
20034.24%-16.31%
20025.07%19.97%
20014.23%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
8.34%-50.00%๐Ÿ‡บ๐Ÿ‡ธ USA
17.19% 3.06%๐Ÿ‡บ๐Ÿ‡ธ USA
29.50% 76.86%๐Ÿ‡บ๐Ÿ‡ธ USA
16.52%-0.96%๐Ÿ‡บ๐Ÿ‡ธ USA
16.53%-0.90%๐Ÿ‡บ๐Ÿ‡ธ USA
13.02%-21.94%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.