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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) and Principal Financial Group (PFG). Click either name above to swap in a different company.
Principal Financial Group is the larger business by last-quarter revenue ($750.8M vs $440.9M, roughly 1.7× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 27.8% vs 0.3%, a 27.5% gap on every dollar of revenue. On growth, NEW JERSEY RESOURCES CORP posted the faster year-over-year revenue change (22.8% vs 4.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (0.9% CAGR vs -58.3%).
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.
Principal Financial GroupPFGEarnings & Financial Report
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.
NJR vs PFG — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $440.9M | $750.8M |
| Net Profit | $122.5M | $1.9M |
| Gross Margin | — | — |
| Operating Margin | 40.6% | — |
| Net Margin | 27.8% | 0.3% |
| Revenue YoY | 22.8% | 4.0% |
| Net Profit YoY | -6.7% | 783.0% |
| EPS (diluted) | $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.
| Q1 26 | — | $750.8M | ||
| Q4 25 | $440.9M | $4.6B | ||
| Q3 25 | $188.3M | $3.7B | ||
| Q2 25 | $234.8M | $3.7B | ||
| Q1 25 | $569.2M | $3.7B | ||
| Q4 24 | $359.0M | $4.8B | ||
| Q3 24 | $265.7M | $3.0B | ||
| Q2 24 | $209.9M | $4.3B |
| Q1 26 | — | $1.9M | ||
| Q4 25 | $122.5M | $517.0M | ||
| Q3 25 | $15.1M | $213.8M | ||
| Q2 25 | $-15.1M | $406.2M | ||
| Q1 25 | $204.3M | $48.1M | ||
| Q4 24 | $131.3M | $905.4M | ||
| Q3 24 | $91.1M | $-220.0M | ||
| Q2 24 | $-11.6M | $353.1M |
| Q1 26 | — | — | ||
| Q4 25 | 40.6% | — | ||
| Q3 25 | 21.5% | — | ||
| Q2 25 | -0.5% | — | ||
| Q1 25 | 49.2% | — | ||
| Q4 24 | 52.8% | — | ||
| Q3 24 | 55.0% | — | ||
| Q2 24 | 2.8% | — |
| Q1 26 | — | 0.3% | ||
| Q4 25 | 27.8% | 11.3% | ||
| Q3 25 | 8.0% | 5.8% | ||
| Q2 25 | -6.4% | 11.1% | ||
| Q1 25 | 35.9% | 1.3% | ||
| Q4 24 | 36.6% | 19.1% | ||
| Q3 24 | 34.3% | -7.3% | ||
| Q2 24 | -5.5% | 8.2% |
| Q1 26 | — | — | ||
| Q4 25 | $1.21 | $2.30 | ||
| Q3 25 | $0.15 | $0.95 | ||
| Q2 25 | $-0.15 | $1.79 | ||
| Q1 25 | $2.02 | $0.21 | ||
| Q4 24 | $1.31 | $3.92 | ||
| Q3 24 | $0.91 | $-0.95 | ||
| Q2 24 | $-0.12 | $1.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.4M | — |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $2.5B | — |
| Total Assets | $7.9B | — |
| Debt / EquityLower = less leverage | 1.32× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.4M | $4.4B | ||
| Q3 25 | $591.0K | $5.1B | ||
| Q2 25 | $931.0K | $3.7B | ||
| Q1 25 | $83.7M | $3.9B | ||
| Q4 24 | $1.9M | $4.2B | ||
| Q3 24 | $1.0M | $6.2B | ||
| Q2 24 | $22.4M | $4.8B |
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | $3.9B | ||
| Q3 25 | $3.3B | $3.9B | ||
| Q2 25 | $3.0B | $3.9B | ||
| Q1 25 | $3.0B | $4.3B | ||
| Q4 24 | $3.0B | $4.0B | ||
| Q3 24 | $2.9B | $3.9B | ||
| Q2 24 | $2.8B | $3.9B |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $11.9B | ||
| Q3 25 | $2.4B | $11.7B | ||
| Q2 25 | $2.4B | $11.4B | ||
| Q1 25 | $2.5B | $11.2B | ||
| Q4 24 | $2.3B | $11.1B | ||
| Q3 24 | $2.2B | $11.2B | ||
| Q2 24 | $2.1B | $11.0B |
| Q1 26 | — | — | ||
| Q4 25 | $7.9B | $341.4B | ||
| Q3 25 | $7.6B | $334.5B | ||
| Q2 25 | $7.3B | $323.1B | ||
| Q1 25 | $7.3B | $313.0B | ||
| Q4 24 | $7.2B | $313.7B | ||
| Q3 24 | $7.0B | $322.9B | ||
| Q2 24 | $6.8B | $308.8B |
| Q1 26 | — | — | ||
| Q4 25 | 1.32× | 0.33× | ||
| Q3 25 | 1.36× | 0.34× | ||
| Q2 25 | 1.25× | 0.34× | ||
| Q1 25 | 1.20× | 0.39× | ||
| Q4 24 | 1.29× | 0.36× | ||
| Q3 24 | 1.31× | 0.35× | ||
| Q2 24 | 1.30× | 0.36× |
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 | $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.
| Q1 26 | — | — | ||
| Q4 25 | $26.7M | $1.7B | ||
| Q3 25 | $81.2M | $1.0B | ||
| Q2 25 | $-28.9M | $811.9M | ||
| Q1 25 | $423.0M | $977.3M | ||
| Q4 24 | $-9.0M | $1.5B | ||
| Q3 24 | $64.5M | $1.1B | ||
| Q2 24 | $24.3M | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | 0.22× | 3.37× | ||
| Q3 25 | 5.39× | 4.70× | ||
| Q2 25 | — | 2.00× | ||
| Q1 25 | 2.07× | 20.32× | ||
| Q4 24 | -0.07× | 1.61× | ||
| Q3 24 | 0.71× | — | ||
| Q2 24 | — | 4.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
PFG
Segment breakdown not available.
