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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) and Envista Holdings Corp (NVST). 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 $750.6M, roughly 1.3× Envista Holdings Corp). NEW JERSEY RESOURCES CORP runs the higher net margin — 23.3% vs 4.4%, a 18.9% gap on every dollar of revenue. On growth, Envista Holdings Corp posted the faster year-over-year revenue change (15.0% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 9.7%).

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.

Envista Forensics is a United States based company that provides forensic engineering and recovery solutions for the insurance, legal, and risk management industries in the United States and internationally. Originally LWG Consulting, Inc., The company rebranded itself as Envista Forensics in 2017.

NJR vs NVST — Head-to-Head

Bigger by revenue
NJR
NJR
1.3× larger
NJR
$939.4M
$750.6M
NVST
Growing faster (revenue YoY)
NVST
NVST
+47.9% gap
NVST
15.0%
-33.0%
NJR
Higher net margin
NJR
NJR
18.9% more per $
NJR
23.3%
4.4%
NVST
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
111.6%
9.7%
NVST

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
NJR
NJR
NVST
NVST
Revenue
$939.4M
$750.6M
Net Profit
$218.9M
$32.9M
Gross Margin
54.7%
Operating Margin
32.0%
9.8%
Net Margin
23.3%
4.4%
Revenue YoY
-33.0%
15.0%
Net Profit YoY
7.2%
2641.7%
EPS (diluted)
$2.16
$0.20

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
NVST
NVST
Q1 26
$939.4M
Q4 25
$440.9M
$750.6M
Q3 25
$188.3M
$669.9M
Q2 25
$234.8M
$682.1M
Q1 25
$569.2M
$616.9M
Q4 24
$359.0M
$652.9M
Q3 24
$265.7M
$601.0M
Q2 24
$209.9M
$633.1M
Net Profit
NJR
NJR
NVST
NVST
Q1 26
$218.9M
Q4 25
$122.5M
$32.9M
Q3 25
$15.1M
$-30.3M
Q2 25
$-15.1M
$26.4M
Q1 25
$204.3M
$18.0M
Q4 24
$131.3M
$1.2M
Q3 24
$91.1M
$8.2M
Q2 24
$-11.6M
$-1.2B
Gross Margin
NJR
NJR
NVST
NVST
Q1 26
Q4 25
54.7%
Q3 25
55.3%
Q2 25
54.2%
Q1 25
54.5%
Q4 24
57.1%
Q3 24
52.8%
Q2 24
51.6%
Operating Margin
NJR
NJR
NVST
NVST
Q1 26
32.0%
Q4 25
40.6%
9.8%
Q3 25
21.5%
8.6%
Q2 25
-0.5%
6.8%
Q1 25
49.2%
6.3%
Q4 24
52.8%
7.1%
Q3 24
55.0%
3.5%
Q2 24
2.8%
-182.2%
Net Margin
NJR
NJR
NVST
NVST
Q1 26
23.3%
Q4 25
27.8%
4.4%
Q3 25
8.0%
-4.5%
Q2 25
-6.4%
3.9%
Q1 25
35.9%
2.9%
Q4 24
36.6%
0.2%
Q3 24
34.3%
1.4%
Q2 24
-5.5%
-181.9%
EPS (diluted)
NJR
NJR
NVST
NVST
Q1 26
$2.16
Q4 25
$1.21
$0.20
Q3 25
$0.15
$-0.18
Q2 25
$-0.15
$0.16
Q1 25
$2.02
$0.10
Q4 24
$1.31
$0.00
Q3 24
$0.91
$0.05
Q2 24
$-0.12
$-6.69

Balance Sheet & Financial Strength

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

Metric
NJR
NJR
NVST
NVST
Cash + ST InvestmentsLiquidity on hand
$1.2B
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$3.1B
Total Assets
$5.7B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NJR
NJR
NVST
NVST
Q1 26
Q4 25
$2.4M
$1.2B
Q3 25
$591.0K
$1.1B
Q2 25
$931.0K
$1.1B
Q1 25
$83.7M
$1.1B
Q4 24
$1.9M
$1.1B
Q3 24
$1.0M
$991.3M
Q2 24
$22.4M
$1.0B
Total Debt
NJR
NJR
NVST
NVST
Q1 26
Q4 25
$3.3B
$1.4B
Q3 25
$3.3B
$1.4B
Q2 25
$3.0B
$1.4B
Q1 25
$3.0B
$1.4B
Q4 24
$3.0B
$1.4B
Q3 24
$2.9B
$1.4B
Q2 24
$2.8B
$1.5B
Stockholders' Equity
NJR
NJR
NVST
NVST
Q1 26
Q4 25
$2.5B
$3.1B
Q3 25
$2.4B
$3.1B
Q2 25
$2.4B
$3.1B
Q1 25
$2.5B
$3.0B
Q4 24
$2.3B
$2.9B
Q3 24
$2.2B
$3.1B
Q2 24
$2.1B
$3.0B
Total Assets
NJR
NJR
NVST
NVST
Q1 26
Q4 25
$7.9B
$5.7B
Q3 25
$7.6B
$5.6B
Q2 25
$7.3B
$5.7B
Q1 25
$7.3B
$5.5B
Q4 24
$7.2B
$5.4B
Q3 24
$7.0B
$5.5B
Q2 24
$6.8B
$5.4B
Debt / Equity
NJR
NJR
NVST
NVST
Q1 26
Q4 25
1.32×
0.47×
Q3 25
1.36×
0.47×
Q2 25
1.25×
0.46×
Q1 25
1.20×
0.47×
Q4 24
1.29×
0.48×
Q3 24
1.31×
0.46×
Q2 24
1.30×
0.51×

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
NVST
NVST
Operating Cash FlowLast quarter
$108.0M
Free Cash FlowOCF − Capex
$91.7M
FCF MarginFCF / Revenue
12.2%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
3.28×
TTM Free Cash FlowTrailing 4 quarters
$230.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NJR
NJR
NVST
NVST
Q1 26
Q4 25
$26.7M
$108.0M
Q3 25
$81.2M
$78.7M
Q2 25
$-28.9M
$88.7M
Q1 25
$423.0M
$300.0K
Q4 24
$-9.0M
$132.4M
Q3 24
$64.5M
$70.7M
Q2 24
$24.3M
$93.1M
Free Cash Flow
NJR
NJR
NVST
NVST
Q1 26
Q4 25
$91.7M
Q3 25
$67.9M
Q2 25
$76.4M
Q1 25
$-5.6M
Q4 24
$123.8M
Q3 24
$63.3M
Q2 24
$86.3M
FCF Margin
NJR
NJR
NVST
NVST
Q1 26
Q4 25
12.2%
Q3 25
10.1%
Q2 25
11.2%
Q1 25
-0.9%
Q4 24
19.0%
Q3 24
10.5%
Q2 24
13.6%
Capex Intensity
NJR
NJR
NVST
NVST
Q1 26
Q4 25
2.2%
Q3 25
1.6%
Q2 25
1.8%
Q1 25
1.0%
Q4 24
1.3%
Q3 24
1.2%
Q2 24
1.1%
Cash Conversion
NJR
NJR
NVST
NVST
Q1 26
Q4 25
0.22×
3.28×
Q3 25
5.39×
Q2 25
3.36×
Q1 25
2.07×
0.02×
Q4 24
-0.07×
110.33×
Q3 24
0.71×
8.62×
Q2 24

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%

NVST
NVST

Other$375.8M50%
Specialty Productsand Technologies$188.4M25%
Equipmentand Consumables$186.4M25%

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