vs
Side-by-side financial comparison of Claritev Corp (CTEV) and NEW JERSEY RESOURCES CORP (NJR). Click either name above to swap in a different company.
NEW JERSEY RESOURCES CORP is the larger business by last-quarter revenue ($939.4M vs $246.6M, roughly 3.8× Claritev Corp). NEW JERSEY RESOURCES CORP runs the higher net margin — 23.3% vs -32.7%, a 56.0% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 2.5%).
New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.
CTEV vs NJR — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $246.6M | $939.4M |
| Net Profit | $-80.6M | $218.9M |
| Gross Margin | — | — |
| Operating Margin | -3.1% | 32.0% |
| Net Margin | -32.7% | 23.3% |
| Revenue YoY | 6.2% | -33.0% |
| Net Profit YoY | 41.6% | 7.2% |
| EPS (diluted) | $-4.88 | $2.16 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $939.4M | ||
| Q4 25 | $246.6M | $440.9M | ||
| Q3 25 | $246.0M | $188.3M | ||
| Q2 25 | $241.6M | $234.8M | ||
| Q1 25 | $231.3M | $569.2M | ||
| Q4 24 | $232.1M | $359.0M | ||
| Q3 24 | $230.5M | $265.7M | ||
| Q2 24 | $233.5M | $209.9M |
| Q1 26 | — | $218.9M | ||
| Q4 25 | $-80.6M | $122.5M | ||
| Q3 25 | $-69.8M | $15.1M | ||
| Q2 25 | $-62.6M | $-15.1M | ||
| Q1 25 | $-71.3M | $204.3M | ||
| Q4 24 | $-138.0M | $131.3M | ||
| Q3 24 | $-391.4M | $91.1M | ||
| Q2 24 | $-576.7M | $-11.6M |
| Q1 26 | — | 32.0% | ||
| Q4 25 | -3.1% | 40.6% | ||
| Q3 25 | 4.1% | 21.5% | ||
| Q2 25 | 6.9% | -0.5% | ||
| Q1 25 | 4.2% | 49.2% | ||
| Q4 24 | -17.8% | 52.8% | ||
| Q3 24 | -146.7% | 55.0% | ||
| Q2 24 | -224.4% | 2.8% |
| Q1 26 | — | 23.3% | ||
| Q4 25 | -32.7% | 27.8% | ||
| Q3 25 | -28.4% | 8.0% | ||
| Q2 25 | -25.9% | -6.4% | ||
| Q1 25 | -30.8% | 35.9% | ||
| Q4 24 | -59.4% | 36.6% | ||
| Q3 24 | -169.8% | 34.3% | ||
| Q2 24 | -247.0% | -5.5% |
| Q1 26 | — | $2.16 | ||
| Q4 25 | $-4.88 | $1.21 | ||
| Q3 25 | $-4.23 | $0.15 | ||
| Q2 25 | $-3.81 | $-0.15 | ||
| Q1 25 | $-4.38 | $2.02 | ||
| Q4 24 | $-8.49 | $1.31 | ||
| Q3 24 | $-24.25 | $0.91 | ||
| Q2 24 | $-35.78 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $16.8M | — |
| Total DebtLower is stronger | $4.6B | — |
| Stockholders' EquityBook value | $-173.9M | — |
| Total Assets | $4.9B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $16.8M | $2.4M | ||
| Q3 25 | $39.2M | $591.0K | ||
| Q2 25 | $56.4M | $931.0K | ||
| Q1 25 | $23.1M | $83.7M | ||
| Q4 24 | $16.8M | $1.9M | ||
| Q3 24 | $86.6M | $1.0M | ||
| Q2 24 | $48.8M | $22.4M |
| Q1 26 | — | — | ||
| Q4 25 | $4.6B | $3.3B | ||
| Q3 25 | $4.5B | $3.3B | ||
| Q2 25 | $4.5B | $3.0B | ||
| Q1 25 | $4.5B | $3.0B | ||
| Q4 24 | $4.5B | $3.0B | ||
| Q3 24 | $4.5B | $2.9B | ||
| Q2 24 | $4.5B | $2.8B |
| Q1 26 | — | — | ||
| Q4 25 | $-173.9M | $2.5B | ||
| Q3 25 | $-101.8M | $2.4B | ||
| Q2 25 | $-39.9M | $2.4B | ||
| Q1 25 | $14.8M | $2.5B | ||
| Q4 24 | $84.0M | $2.3B | ||
| Q3 24 | $207.6M | $2.2B | ||
| Q2 24 | $603.4M | $2.1B |
| Q1 26 | — | — | ||
| Q4 25 | $4.9B | $7.9B | ||
| Q3 25 | $5.0B | $7.6B | ||
| Q2 25 | $5.1B | $7.3B | ||
| Q1 25 | $5.1B | $7.3B | ||
| Q4 24 | $5.2B | $7.2B | ||
| Q3 24 | $5.3B | $7.0B | ||
| Q2 24 | $5.7B | $6.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.32× | ||
| Q3 25 | — | 1.36× | ||
| Q2 25 | — | 1.25× | ||
| Q1 25 | 304.87× | 1.20× | ||
| Q4 24 | 53.67× | 1.29× | ||
| Q3 24 | 21.73× | 1.31× | ||
| Q2 24 | 7.48× | 1.30× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $66.3M | — |
| Free Cash FlowOCF − Capex | $36.4M | — |
| FCF MarginFCF / Revenue | 14.8% | — |
| Capex IntensityCapex / Revenue | 12.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-12.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $66.3M | $26.7M | ||
| Q3 25 | $19.9M | $81.2M | ||
| Q2 25 | $61.2M | $-28.9M | ||
| Q1 25 | $-30.1M | $423.0M | ||
| Q4 24 | $-33.4M | $-9.0M | ||
| Q3 24 | $72.8M | $64.5M | ||
| Q2 24 | $18.5M | $24.3M |
| Q1 26 | — | — | ||
| Q4 25 | $36.4M | — | ||
| Q3 25 | $-16.3M | — | ||
| Q2 25 | $36.6M | — | ||
| Q1 25 | $-68.9M | — | ||
| Q4 24 | $-63.8M | — | ||
| Q3 24 | $41.1M | — | ||
| Q2 24 | $-7.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 14.8% | — | ||
| Q3 25 | -6.6% | — | ||
| Q2 25 | 15.2% | — | ||
| Q1 25 | -29.8% | — | ||
| Q4 24 | -27.5% | — | ||
| Q3 24 | 17.8% | — | ||
| Q2 24 | -3.0% | — |
| Q1 26 | — | — | ||
| Q4 25 | 12.1% | — | ||
| Q3 25 | 14.7% | — | ||
| Q2 25 | 10.2% | — | ||
| Q1 25 | 16.8% | — | ||
| Q4 24 | 13.1% | — | ||
| Q3 24 | 13.8% | — | ||
| Q2 24 | 10.9% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.22× | ||
| Q3 25 | — | 5.39× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.07× | ||
| Q4 24 | — | -0.07× | ||
| Q3 24 | — | 0.71× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CTEV
Segment breakdown not available.
NJR
| Utility | $640.9M | 68% |
| Nonutility | $298.5M | 32% |
