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Side-by-side financial comparison of Magnera Corp (MAGN) 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 $792.0M, roughly 1.2× Magnera Corp). NEW JERSEY RESOURCES CORP runs the higher net margin — 23.3% vs -4.3%, a 27.6% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 54.9%).
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.
MAGN vs NJR — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $792.0M | $939.4M |
| Net Profit | $-34.0M | $218.9M |
| Gross Margin | 12.2% | — |
| Operating Margin | 1.8% | 32.0% |
| Net Margin | -4.3% | 23.3% |
| Revenue YoY | 12.8% | -33.0% |
| Net Profit YoY | 43.3% | 7.2% |
| EPS (diluted) | $-0.95 | $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 | $792.0M | $440.9M | ||
| Q3 25 | — | $188.3M | ||
| Q2 25 | $839.0M | $234.8M | ||
| Q1 25 | $824.0M | $569.2M | ||
| Q4 24 | $702.0M | $359.0M | ||
| Q3 24 | $332.1M | $265.7M | ||
| Q2 24 | $556.0M | $209.9M |
| Q1 26 | — | $218.9M | ||
| Q4 25 | $-34.0M | $122.5M | ||
| Q3 25 | — | $15.1M | ||
| Q2 25 | $-18.0M | $-15.1M | ||
| Q1 25 | $-41.0M | $204.3M | ||
| Q4 24 | $-60.0M | $131.3M | ||
| Q3 24 | $-15.2M | $91.1M | ||
| Q2 24 | $19.0M | $-11.6M |
| Q1 26 | — | — | ||
| Q4 25 | 12.2% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 10.7% | — | ||
| Q1 25 | 10.7% | — | ||
| Q4 24 | 10.1% | — | ||
| Q3 24 | 10.7% | — | ||
| Q2 24 | 6.6% | — |
| Q1 26 | — | 32.0% | ||
| Q4 25 | 1.8% | 40.6% | ||
| Q3 25 | — | 21.5% | ||
| Q2 25 | 1.5% | -0.5% | ||
| Q1 25 | 0.5% | 49.2% | ||
| Q4 24 | -3.1% | 52.8% | ||
| Q3 24 | 0.9% | 55.0% | ||
| Q2 24 | 3.1% | 2.8% |
| Q1 26 | — | 23.3% | ||
| Q4 25 | -4.3% | 27.8% | ||
| Q3 25 | — | 8.0% | ||
| Q2 25 | -2.1% | -6.4% | ||
| Q1 25 | -5.0% | 35.9% | ||
| Q4 24 | -8.5% | 36.6% | ||
| Q3 24 | -4.6% | 34.3% | ||
| Q2 24 | 3.4% | -5.5% |
| Q1 26 | — | $2.16 | ||
| Q4 25 | $-0.95 | $1.21 | ||
| Q3 25 | — | $0.15 | ||
| Q2 25 | $-0.51 | $-0.15 | ||
| Q1 25 | $-1.15 | $2.02 | ||
| Q4 24 | $-1.69 | $1.31 | ||
| Q3 24 | $-0.33 | $0.91 | ||
| Q2 24 | $0.60 | $-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 | $264.0M | — |
| Total DebtLower is stronger | $1.9B | — |
| Stockholders' EquityBook value | $1.0B | — |
| Total Assets | $3.9B | — |
| Debt / EquityLower = less leverage | 1.86× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $264.0M | $2.4M | ||
| Q3 25 | — | $591.0K | ||
| Q2 25 | $276.0M | $931.0K | ||
| Q1 25 | $282.0M | $83.7M | ||
| Q4 24 | $215.0M | $1.9M | ||
| Q3 24 | $230.0M | $1.0M | ||
| Q2 24 | $33.9M | $22.4M |
| Q1 26 | — | — | ||
| Q4 25 | $1.9B | $3.3B | ||
| Q3 25 | — | $3.3B | ||
| Q2 25 | $2.0B | $3.0B | ||
| Q1 25 | $2.0B | $3.0B | ||
| Q4 24 | $2.0B | $3.0B | ||
| Q3 24 | $2.0B | $2.9B | ||
| Q2 24 | $877.4M | $2.8B |
| Q1 26 | — | — | ||
| Q4 25 | $1.0B | $2.5B | ||
| Q3 25 | — | $2.4B | ||
| Q2 25 | $1.1B | $2.4B | ||
| Q1 25 | $1.1B | $2.5B | ||
| Q4 24 | $1.1B | $2.3B | ||
| Q3 24 | $2.1B | $2.2B | ||
| Q2 24 | $2.4B | $2.1B |
| Q1 26 | — | — | ||
| Q4 25 | $3.9B | $7.9B | ||
| Q3 25 | — | $7.6B | ||
| Q2 25 | $4.1B | $7.3B | ||
| Q1 25 | $4.1B | $7.3B | ||
| Q4 24 | $4.0B | $7.2B | ||
| Q3 24 | $2.8B | $7.0B | ||
| Q2 24 | $1.5B | $6.8B |
| Q1 26 | — | — | ||
| Q4 25 | 1.86× | 1.32× | ||
| Q3 25 | — | 1.36× | ||
| Q2 25 | 1.77× | 1.25× | ||
| Q1 25 | 1.83× | 1.20× | ||
| Q4 24 | 1.80× | 1.29× | ||
| Q3 24 | 0.91× | 1.31× | ||
| Q2 24 | 0.37× | 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 | $2.0M | — |
| Free Cash FlowOCF − Capex | $-13.0M | — |
| FCF MarginFCF / Revenue | -1.6% | — |
| Capex IntensityCapex / Revenue | 1.9% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.0M | $26.7M | ||
| Q3 25 | — | $81.2M | ||
| Q2 25 | $0 | $-28.9M | ||
| Q1 25 | $65.0M | $423.0M | ||
| Q4 24 | $-58.0M | $-9.0M | ||
| Q3 24 | $12.2M | $64.5M | ||
| Q2 24 | $38.0M | $24.3M |
| Q1 26 | — | — | ||
| Q4 25 | $-13.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | $42.0M | — | ||
| Q4 24 | $-74.0M | — | ||
| Q3 24 | $3.6M | — | ||
| Q2 24 | $23.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | -1.6% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 5.1% | — | ||
| Q4 24 | -10.5% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 4.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 1.5% | — | ||
| Q1 25 | 2.8% | — | ||
| Q4 24 | 2.3% | — | ||
| Q3 24 | 2.6% | — | ||
| Q2 24 | 2.7% | — |
| 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 | 2.00× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
NJR
| Utility | $640.9M | 68% |
| Nonutility | $298.5M | 32% |
