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Side-by-side financial comparison of HCI Group, Inc. (HCI) 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 $246.2M, roughly 1.8× HCI Group, Inc.). HCI Group, Inc. runs the higher net margin — 39.7% vs 27.8%, a 11.9% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (52.1% vs 22.8%). Over the past eight quarters, HCI Group, Inc.'s revenue compounded faster (9.2% CAGR vs 0.9%).
HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.
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.
HCI vs NJR — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $246.2M | $440.9M |
| Net Profit | $97.7M | $122.5M |
| Gross Margin | — | — |
| Operating Margin | 58.5% | 40.6% |
| Net Margin | 39.7% | 27.8% |
| Revenue YoY | 52.1% | 22.8% |
| Net Profit YoY | 3679.2% | -6.7% |
| EPS (diluted) | $7.29 | $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.
| Q4 25 | $246.2M | $440.9M | ||
| Q3 25 | $216.3M | $188.3M | ||
| Q2 25 | $221.9M | $234.8M | ||
| Q1 25 | $216.4M | $569.2M | ||
| Q4 24 | $161.9M | $359.0M | ||
| Q3 24 | $175.3M | $265.7M | ||
| Q2 24 | $206.2M | $209.9M | ||
| Q1 24 | $206.6M | $433.2M |
| Q4 25 | $97.7M | $122.5M | ||
| Q3 25 | $65.5M | $15.1M | ||
| Q2 25 | $66.2M | $-15.1M | ||
| Q1 25 | $69.7M | $204.3M | ||
| Q4 24 | $2.6M | $131.3M | ||
| Q3 24 | $5.7M | $91.1M | ||
| Q2 24 | $54.1M | $-11.6M | ||
| Q1 24 | $47.6M | $120.8M |
| Q4 25 | 58.5% | 40.6% | ||
| Q3 25 | 41.9% | 21.5% | ||
| Q2 25 | 42.5% | -0.5% | ||
| Q1 25 | 46.4% | 49.2% | ||
| Q4 24 | 3.6% | 52.8% | ||
| Q3 24 | 8.0% | 55.0% | ||
| Q2 24 | 36.9% | 2.8% | ||
| Q1 24 | 37.5% | 39.3% |
| Q4 25 | 39.7% | 27.8% | ||
| Q3 25 | 30.3% | 8.0% | ||
| Q2 25 | 29.8% | -6.4% | ||
| Q1 25 | 32.2% | 35.9% | ||
| Q4 24 | 1.6% | 36.6% | ||
| Q3 24 | 3.2% | 34.3% | ||
| Q2 24 | 26.2% | -5.5% | ||
| Q1 24 | 23.0% | 27.9% |
| Q4 25 | $7.29 | $1.21 | ||
| Q3 25 | $4.90 | $0.15 | ||
| Q2 25 | $5.18 | $-0.15 | ||
| Q1 25 | $5.35 | $2.02 | ||
| Q4 24 | $0.32 | $1.31 | ||
| Q3 24 | $0.52 | $0.91 | ||
| Q2 24 | $4.24 | $-0.12 | ||
| Q1 24 | $3.81 | $1.22 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.2B | $2.4M |
| Total DebtLower is stronger | — | $3.3B |
| Stockholders' EquityBook value | $1.0B | $2.5B |
| Total Assets | $2.5B | $7.9B |
| Debt / EquityLower = less leverage | — | 1.32× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.2B | $2.4M | ||
| Q3 25 | $987.9M | $591.0K | ||
| Q2 25 | $947.2M | $931.0K | ||
| Q1 25 | $754.5M | $83.7M | ||
| Q4 24 | $532.5M | $1.9M | ||
| Q3 24 | $518.8M | $1.0M | ||
| Q2 24 | $445.8M | $22.4M | ||
| Q1 24 | $655.4M | $5.0M |
| 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 | ||
| Q1 24 | — | $2.7B |
| Q4 25 | $1.0B | $2.5B | ||
| Q3 25 | $821.8M | $2.4B | ||
| Q2 25 | $758.6M | $2.4B | ||
| Q1 25 | $522.7M | $2.5B | ||
| Q4 24 | $453.3M | $2.3B | ||
| Q3 24 | $455.3M | $2.2B | ||
| Q2 24 | $447.3M | $2.1B | ||
| Q1 24 | $395.7M | $2.2B |
| Q4 25 | $2.5B | $7.9B | ||
| Q3 25 | $2.3B | $7.6B | ||
| Q2 25 | $2.4B | $7.3B | ||
| Q1 25 | $2.3B | $7.3B | ||
| Q4 24 | $2.2B | $7.2B | ||
| Q3 24 | $2.0B | $7.0B | ||
| Q2 24 | $1.9B | $6.8B | ||
| Q1 24 | $1.8B | $6.6B |
| 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× | ||
| Q1 24 | — | 1.25× |
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 | $444.4M | $26.7M |
| Free Cash FlowOCF − Capex | $440.8M | — |
| FCF MarginFCF / Revenue | 179.0% | — |
| Capex IntensityCapex / Revenue | 1.5% | — |
| Cash ConversionOCF / Net Profit | 4.55× | 0.22× |
| TTM Free Cash FlowTrailing 4 quarters | $771.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $444.4M | $26.7M | ||
| Q3 25 | $26.7M | $81.2M | ||
| Q2 25 | $145.0M | $-28.9M | ||
| Q1 25 | $162.0M | $423.0M | ||
| Q4 24 | $331.8M | $-9.0M | ||
| Q3 24 | $104.1M | $64.5M | ||
| Q2 24 | $-29.0M | $24.3M | ||
| Q1 24 | $182.0M | $292.2M |
| Q4 25 | $440.8M | — | ||
| Q3 25 | $25.9M | — | ||
| Q2 25 | $144.5M | — | ||
| Q1 25 | $160.3M | — | ||
| Q4 24 | $327.8M | — | ||
| Q3 24 | $103.2M | — | ||
| Q2 24 | $-30.1M | — | ||
| Q1 24 | $181.0M | — |
| Q4 25 | 179.0% | — | ||
| Q3 25 | 12.0% | — | ||
| Q2 25 | 65.1% | — | ||
| Q1 25 | 74.1% | — | ||
| Q4 24 | 202.5% | — | ||
| Q3 24 | 58.9% | — | ||
| Q2 24 | -14.6% | — | ||
| Q1 24 | 87.6% | — |
| Q4 25 | 1.5% | — | ||
| Q3 25 | 0.4% | — | ||
| Q2 25 | 0.2% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 2.5% | — | ||
| Q3 24 | 0.5% | — | ||
| Q2 24 | 0.5% | — | ||
| Q1 24 | 0.5% | — |
| Q4 25 | 4.55× | 0.22× | ||
| Q3 25 | 0.41× | 5.39× | ||
| Q2 25 | 2.19× | — | ||
| Q1 25 | 2.32× | 2.07× | ||
| Q4 24 | 128.41× | -0.07× | ||
| Q3 24 | 18.33× | 0.71× | ||
| Q2 24 | -0.54× | — | ||
| Q1 24 | 3.82× | 2.42× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HCI
| Insurance Operation | $218.3M | 89% |
| Reciprocal Exchange Operation | $27.0M | 11% |
NJR
| Residential | $284.1M | 64% |
| Commercialand Industrial | $53.4M | 12% |
| Firm Transportation | $34.7M | 8% |
| Storage And Transportation ST Segment | $28.1M | 6% |
| Home Services And Other HSO | $16.0M | 4% |
| Energy Services ES Segment | $12.8M | 3% |
| Installationand Maintenance | $6.6M | 1% |
| Electricity | $5.6M | 1% |
| Renewable Energy Certificates | $3.7M | 1% |
| Interruptibleand Offtariff | $2.4M | 1% |
