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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) and INSPERITY, INC. (NSP). Click either name above to swap in a different company.

INSPERITY, INC. is the larger business by last-quarter revenue ($1.7B vs $939.4M, roughly 1.8× NEW JERSEY RESOURCES CORP). On growth, INSPERITY, INC. posted the faster year-over-year revenue change (3.4% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs -3.8%).

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.

Insperity, Inc., previously known as Administaff, Inc., is a professional employer organization (PEO) headquartered in Kingwood, an area of Houston, Texas, USA. Insperity provides human resources and administrative services to small and medium-sized businesses. Since 2004, the company has been title sponsor of a professional golf tournament on the Champions Tour, previously known as the Administaff Small Business Classic.

NJR vs NSP — Head-to-Head

Bigger by revenue
NSP
NSP
1.8× larger
NSP
$1.7B
$939.4M
NJR
Growing faster (revenue YoY)
NSP
NSP
+36.4% gap
NSP
3.4%
-33.0%
NJR
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
111.6%
-3.8%
NSP

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
NJR
NJR
NSP
NSP
Revenue
$939.4M
$1.7B
Net Profit
$218.9M
Gross Margin
10.3%
Operating Margin
32.0%
-2.8%
Net Margin
23.3%
Revenue YoY
-33.0%
3.4%
Net Profit YoY
7.2%
EPS (diluted)
$2.16
$-0.87

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
NJR
NJR
NSP
NSP
Q1 26
$939.4M
Q4 25
$440.9M
$1.7B
Q3 25
$188.3M
$1.6B
Q2 25
$234.8M
$1.7B
Q1 25
$569.2M
$1.9B
Q4 24
$359.0M
$1.6B
Q3 24
$265.7M
$1.6B
Q2 24
$209.9M
$1.6B
Net Profit
NJR
NJR
NSP
NSP
Q1 26
$218.9M
Q4 25
$122.5M
Q3 25
$15.1M
$-20.0M
Q2 25
$-15.1M
$-5.0M
Q1 25
$204.3M
$51.0M
Q4 24
$131.3M
Q3 24
$91.1M
$3.0M
Q2 24
$-11.6M
$18.0M
Gross Margin
NJR
NJR
NSP
NSP
Q1 26
Q4 25
10.3%
Q3 25
12.0%
Q2 25
13.4%
Q1 25
16.6%
Q4 24
13.5%
Q3 24
14.7%
Q2 24
16.2%
Operating Margin
NJR
NJR
NSP
NSP
Q1 26
32.0%
Q4 25
40.6%
-2.8%
Q3 25
21.5%
-1.5%
Q2 25
-0.5%
-0.4%
Q1 25
49.2%
3.7%
Q4 24
52.8%
-0.9%
Q3 24
55.0%
0.1%
Q2 24
2.8%
1.4%
Net Margin
NJR
NJR
NSP
NSP
Q1 26
23.3%
Q4 25
27.8%
Q3 25
8.0%
-1.2%
Q2 25
-6.4%
-0.3%
Q1 25
35.9%
2.7%
Q4 24
36.6%
Q3 24
34.3%
0.2%
Q2 24
-5.5%
1.1%
EPS (diluted)
NJR
NJR
NSP
NSP
Q1 26
$2.16
Q4 25
$1.21
$-0.87
Q3 25
$0.15
$-0.53
Q2 25
$-0.15
$-0.14
Q1 25
$2.02
$1.35
Q4 24
$1.31
$-0.21
Q3 24
$0.91
$0.07
Q2 24
$-0.12
$0.48

Balance Sheet & Financial Strength

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

Metric
NJR
NJR
NSP
NSP
Cash + ST InvestmentsLiquidity on hand
$682.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$46.0M
Total Assets
$2.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NJR
NJR
NSP
NSP
Q1 26
Q4 25
$2.4M
$682.0M
Q3 25
$591.0K
$521.0M
Q2 25
$931.0K
$511.0M
Q1 25
$83.7M
$684.0M
Q4 24
$1.9M
$1.2B
Q3 24
$1.0M
$596.0M
Q2 24
$22.4M
$850.0M
Total Debt
NJR
NJR
NSP
NSP
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
NJR
NJR
NSP
NSP
Q1 26
Q4 25
$2.5B
$46.0M
Q3 25
$2.4B
$87.0M
Q2 25
$2.4B
$112.0M
Q1 25
$2.5B
$119.0M
Q4 24
$2.3B
$97.0M
Q3 24
$2.2B
$125.0M
Q2 24
$2.1B
$142.0M
Total Assets
NJR
NJR
NSP
NSP
Q1 26
Q4 25
$7.9B
$2.2B
Q3 25
$7.6B
$2.0B
Q2 25
$7.3B
$2.0B
Q1 25
$7.3B
$2.1B
Q4 24
$7.2B
$2.6B
Q3 24
$7.0B
$1.9B
Q2 24
$6.8B
$2.1B
Debt / Equity
NJR
NJR
NSP
NSP
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
NJR
NJR
NSP
NSP
Operating Cash FlowLast quarter
$255.0M
Free Cash FlowOCF − Capex
$246.0M
FCF MarginFCF / Revenue
14.7%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-309.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NJR
NJR
NSP
NSP
Q1 26
Q4 25
$26.7M
$255.0M
Q3 25
$81.2M
$-11.0M
Q2 25
$-28.9M
$-79.0M
Q1 25
$423.0M
$-443.0M
Q4 24
$-9.0M
$619.0M
Q3 24
$64.5M
$-150.0M
Q2 24
$24.3M
$20.0M
Free Cash Flow
NJR
NJR
NSP
NSP
Q1 26
Q4 25
$246.0M
Q3 25
$-20.0M
Q2 25
$-86.0M
Q1 25
$-449.0M
Q4 24
$606.0M
Q3 24
$-164.0M
Q2 24
$14.0M
FCF Margin
NJR
NJR
NSP
NSP
Q1 26
Q4 25
14.7%
Q3 25
-1.2%
Q2 25
-5.2%
Q1 25
-24.1%
Q4 24
37.6%
Q3 24
-10.5%
Q2 24
0.9%
Capex Intensity
NJR
NJR
NSP
NSP
Q1 26
Q4 25
0.5%
Q3 25
0.6%
Q2 25
0.4%
Q1 25
0.3%
Q4 24
0.8%
Q3 24
0.9%
Q2 24
0.4%
Cash Conversion
NJR
NJR
NSP
NSP
Q1 26
Q4 25
0.22×
Q3 25
5.39×
Q2 25
Q1 25
2.07×
-8.69×
Q4 24
-0.07×
Q3 24
0.71×
-50.00×
Q2 24
1.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NJR
NJR

Utility$640.9M68%
Nonutility$298.5M32%

NSP
NSP

Northeast$455.0M27%
West$339.0M20%
Southwest$317.0M19%
Central$299.0M18%
Southeast$241.0M14%
Other Revenues$17.0M1%

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