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Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) 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 ($440.9M vs $336.2M, roughly 1.3× FULTON FINANCIAL CORP). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 27.8%, a 0.4% gap on every dollar of revenue. On growth, NEW JERSEY RESOURCES CORP posted the faster year-over-year revenue change (22.8% vs 4.2%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (0.9% CAGR vs 0.2%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

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.

FULT vs NJR — Head-to-Head

Bigger by revenue
NJR
NJR
1.3× larger
NJR
$440.9M
$336.2M
FULT
Growing faster (revenue YoY)
NJR
NJR
+18.6% gap
NJR
22.8%
4.2%
FULT
Higher net margin
FULT
FULT
0.4% more per $
FULT
28.2%
27.8%
NJR
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
0.9%
0.2%
FULT

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FULT
FULT
NJR
NJR
Revenue
$336.2M
$440.9M
Net Profit
$94.8M
$122.5M
Gross Margin
Operating Margin
40.6%
Net Margin
28.2%
27.8%
Revenue YoY
4.2%
22.8%
Net Profit YoY
1.9%
-6.7%
EPS (diluted)
$0.55
$1.21

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.

Revenue
FULT
FULT
NJR
NJR
Q1 26
$336.2M
Q4 25
$336.0M
$440.9M
Q3 25
$334.6M
$188.3M
Q2 25
$324.1M
$234.8M
Q1 25
$318.4M
$569.2M
Q4 24
$319.6M
$359.0M
Q3 24
$317.7M
$265.7M
Q2 24
$334.7M
$209.9M
Net Profit
FULT
FULT
NJR
NJR
Q1 26
$94.8M
Q4 25
$99.0M
$122.5M
Q3 25
$100.5M
$15.1M
Q2 25
$99.2M
$-15.1M
Q1 25
$93.0M
$204.3M
Q4 24
$68.6M
$131.3M
Q3 24
$63.2M
$91.1M
Q2 24
$95.0M
$-11.6M
Operating Margin
FULT
FULT
NJR
NJR
Q1 26
Q4 25
35.7%
40.6%
Q3 25
38.2%
21.5%
Q2 25
37.8%
-0.5%
Q1 25
36.1%
49.2%
Q4 24
27.0%
52.8%
Q3 24
25.1%
55.0%
Q2 24
30.8%
2.8%
Net Margin
FULT
FULT
NJR
NJR
Q1 26
28.2%
Q4 25
29.5%
27.8%
Q3 25
30.0%
8.0%
Q2 25
30.6%
-6.4%
Q1 25
29.2%
35.9%
Q4 24
21.5%
36.6%
Q3 24
19.9%
34.3%
Q2 24
28.4%
-5.5%
EPS (diluted)
FULT
FULT
NJR
NJR
Q1 26
$0.55
Q4 25
$0.53
$1.21
Q3 25
$0.53
$0.15
Q2 25
$0.53
$-0.15
Q1 25
$0.49
$2.02
Q4 24
$0.36
$1.31
Q3 24
$0.33
$0.91
Q2 24
$0.52
$-0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FULT
FULT
NJR
NJR
Cash + ST InvestmentsLiquidity on hand
$2.4M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$3.5B
$2.5B
Total Assets
$32.2B
$7.9B
Debt / EquityLower = less leverage
1.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
NJR
NJR
Q1 26
Q4 25
$2.4M
Q3 25
$591.0K
Q2 25
$931.0K
Q1 25
$83.7M
Q4 24
$1.9M
Q3 24
$1.0M
Q2 24
$22.4M
Total Debt
FULT
FULT
NJR
NJR
Q1 26
Q4 25
$3.3B
Q3 25
$3.3B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.9B
Q2 24
$2.8B
Stockholders' Equity
FULT
FULT
NJR
NJR
Q1 26
$3.5B
Q4 25
$3.5B
$2.5B
Q3 25
$3.4B
$2.4B
Q2 25
$3.3B
$2.4B
Q1 25
$3.3B
$2.5B
Q4 24
$3.2B
$2.3B
Q3 24
$3.2B
$2.2B
Q2 24
$3.1B
$2.1B
Total Assets
FULT
FULT
NJR
NJR
Q1 26
$32.2B
Q4 25
$32.1B
$7.9B
Q3 25
$32.0B
$7.6B
Q2 25
$32.0B
$7.3B
Q1 25
$32.1B
$7.3B
Q4 24
$32.1B
$7.2B
Q3 24
$32.2B
$7.0B
Q2 24
$31.8B
$6.8B
Debt / Equity
FULT
FULT
NJR
NJR
Q1 26
Q4 25
1.32×
Q3 25
1.36×
Q2 25
1.25×
Q1 25
1.20×
Q4 24
1.29×
Q3 24
1.31×
Q2 24
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
FULT
FULT
NJR
NJR
Operating Cash FlowLast quarter
$26.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.22×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FULT
FULT
NJR
NJR
Q1 26
Q4 25
$304.5M
$26.7M
Q3 25
$116.1M
$81.2M
Q2 25
$91.7M
$-28.9M
Q1 25
$703.0K
$423.0M
Q4 24
$416.6M
$-9.0M
Q3 24
$-22.0M
$64.5M
Q2 24
$157.8M
$24.3M
Cash Conversion
FULT
FULT
NJR
NJR
Q1 26
Q4 25
3.08×
0.22×
Q3 25
1.16×
5.39×
Q2 25
0.92×
Q1 25
0.01×
2.07×
Q4 24
6.07×
-0.07×
Q3 24
-0.35×
0.71×
Q2 24
1.66×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FULT
FULT

Segment breakdown not available.

NJR
NJR

Residential$284.1M64%
Commercialand Industrial$53.4M12%
Firm Transportation$34.7M8%
Storage And Transportation ST Segment$28.1M6%
Home Services And Other HSO$16.0M4%
Energy Services ES Segment$12.8M3%
Installationand Maintenance$6.6M1%
Electricity$5.6M1%
Renewable Energy Certificates$3.7M1%
Interruptibleand Offtariff$2.4M1%

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