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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) and Construction Partners, Inc. (ROAD). Click either name above to swap in a different company.

Construction Partners, Inc. is the larger business by last-quarter revenue ($809.5M vs $440.9M, roughly 1.8× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 27.8% vs 2.1%, a 25.7% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 22.8%). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% CAGR vs 0.9%).

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.

Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.

NJR vs ROAD — Head-to-Head

Bigger by revenue
ROAD
ROAD
1.8× larger
ROAD
$809.5M
$440.9M
NJR
Growing faster (revenue YoY)
ROAD
ROAD
+21.3% gap
ROAD
44.1%
22.8%
NJR
Higher net margin
NJR
NJR
25.7% more per $
NJR
27.8%
2.1%
ROAD
Faster 2-yr revenue CAGR
ROAD
ROAD
Annualised
ROAD
47.6%
0.9%
NJR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NJR
NJR
ROAD
ROAD
Revenue
$440.9M
$809.5M
Net Profit
$122.5M
$17.2M
Gross Margin
15.0%
Operating Margin
40.6%
6.2%
Net Margin
27.8%
2.1%
Revenue YoY
22.8%
44.1%
Net Profit YoY
-6.7%
663.9%
EPS (diluted)
$1.21
$0.31

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
ROAD
ROAD
Q4 25
$440.9M
$809.5M
Q3 25
$188.3M
$899.8M
Q2 25
$234.8M
$779.3M
Q1 25
$569.2M
$571.6M
Q4 24
$359.0M
$561.6M
Q3 24
$265.7M
$538.2M
Q2 24
$209.9M
$517.8M
Q1 24
$433.2M
$371.4M
Net Profit
NJR
NJR
ROAD
ROAD
Q4 25
$122.5M
$17.2M
Q3 25
$15.1M
$56.6M
Q2 25
$-15.1M
$44.0M
Q1 25
$204.3M
$4.2M
Q4 24
$131.3M
$-3.1M
Q3 24
$91.1M
$29.3M
Q2 24
$-11.6M
$30.9M
Q1 24
$120.8M
$-1.1M
Gross Margin
NJR
NJR
ROAD
ROAD
Q4 25
15.0%
Q3 25
17.7%
Q2 25
16.9%
Q1 25
12.5%
Q4 24
13.6%
Q3 24
15.6%
Q2 24
16.1%
Q1 24
10.4%
Operating Margin
NJR
NJR
ROAD
ROAD
Q4 25
40.6%
6.2%
Q3 25
21.5%
11.2%
Q2 25
-0.5%
10.6%
Q1 25
49.2%
4.8%
Q4 24
52.8%
2.5%
Q3 24
55.0%
8.5%
Q2 24
2.8%
8.8%
Q1 24
39.3%
0.8%
Net Margin
NJR
NJR
ROAD
ROAD
Q4 25
27.8%
2.1%
Q3 25
8.0%
6.3%
Q2 25
-6.4%
5.7%
Q1 25
35.9%
0.7%
Q4 24
36.6%
-0.5%
Q3 24
34.3%
5.4%
Q2 24
-5.5%
6.0%
Q1 24
27.9%
-0.3%
EPS (diluted)
NJR
NJR
ROAD
ROAD
Q4 25
$1.21
$0.31
Q3 25
$0.15
$1.03
Q2 25
$-0.15
$0.79
Q1 25
$2.02
$0.08
Q4 24
$1.31
$-0.06
Q3 24
$0.91
$0.55
Q2 24
$-0.12
$0.59
Q1 24
$1.22
$-0.02

Balance Sheet & Financial Strength

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

Metric
NJR
NJR
ROAD
ROAD
Cash + ST InvestmentsLiquidity on hand
$2.4M
$104.1M
Total DebtLower is stronger
$3.3B
Stockholders' EquityBook value
$2.5B
$969.1M
Total Assets
$7.9B
$3.4B
Debt / EquityLower = less leverage
1.32×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NJR
NJR
ROAD
ROAD
Q4 25
$2.4M
$104.1M
Q3 25
$591.0K
$156.1M
Q2 25
$931.0K
$114.3M
Q1 25
$83.7M
$101.9M
Q4 24
$1.9M
$132.5M
Q3 24
$1.0M
$74.7M
Q2 24
$22.4M
$56.3M
Q1 24
$5.0M
$48.0M
Total Debt
NJR
NJR
ROAD
ROAD
Q4 25
$3.3B
Q3 25
$3.3B
$1.6B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.9B
$515.0M
Q2 24
$2.8B
Q1 24
$2.7B
Stockholders' Equity
NJR
NJR
ROAD
ROAD
Q4 25
$2.5B
$969.1M
Q3 25
$2.4B
$912.0M
Q2 25
$2.4B
$853.3M
Q1 25
$2.5B
$807.9M
Q4 24
$2.3B
$811.1M
Q3 24
$2.2B
$573.7M
Q2 24
$2.1B
$552.9M
Q1 24
$2.2B
$525.0M
Total Assets
NJR
NJR
ROAD
ROAD
Q4 25
$7.9B
$3.4B
Q3 25
$7.6B
$3.2B
Q2 25
$7.3B
$2.9B
Q1 25
$7.3B
$2.8B
Q4 24
$7.2B
$2.6B
Q3 24
$7.0B
$1.5B
Q2 24
$6.8B
$1.4B
Q1 24
$6.6B
$1.3B
Debt / Equity
NJR
NJR
ROAD
ROAD
Q4 25
1.32×
Q3 25
1.36×
1.78×
Q2 25
1.25×
Q1 25
1.20×
Q4 24
1.29×
Q3 24
1.31×
0.90×
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
NJR
NJR
ROAD
ROAD
Operating Cash FlowLast quarter
$26.7M
$82.6M
Free Cash FlowOCF − Capex
$47.1M
FCF MarginFCF / Revenue
5.8%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
0.22×
4.80×
TTM Free Cash FlowTrailing 4 quarters
$186.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NJR
NJR
ROAD
ROAD
Q4 25
$26.7M
$82.6M
Q3 25
$81.2M
$112.0M
Q2 25
$-28.9M
$83.0M
Q1 25
$423.0M
$55.6M
Q4 24
$-9.0M
$40.7M
Q3 24
$64.5M
$95.9M
Q2 24
$24.3M
$34.6M
Q1 24
$292.2M
$18.2M
Free Cash Flow
NJR
NJR
ROAD
ROAD
Q4 25
$47.1M
Q3 25
$78.9M
Q2 25
$46.4M
Q1 25
$14.2M
Q4 24
$13.8M
Q3 24
$78.4M
Q2 24
$19.7M
Q1 24
$-10.6M
FCF Margin
NJR
NJR
ROAD
ROAD
Q4 25
5.8%
Q3 25
8.8%
Q2 25
5.9%
Q1 25
2.5%
Q4 24
2.5%
Q3 24
14.6%
Q2 24
3.8%
Q1 24
-2.8%
Capex Intensity
NJR
NJR
ROAD
ROAD
Q4 25
4.4%
Q3 25
3.7%
Q2 25
4.7%
Q1 25
7.2%
Q4 24
4.8%
Q3 24
3.3%
Q2 24
2.9%
Q1 24
7.7%
Cash Conversion
NJR
NJR
ROAD
ROAD
Q4 25
0.22×
4.80×
Q3 25
5.39×
1.98×
Q2 25
1.88×
Q1 25
2.07×
13.20×
Q4 24
-0.07×
Q3 24
0.71×
3.27×
Q2 24
1.12×
Q1 24
2.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NJR
NJR

Residential$284.1M64%
Commercialand Industrial$53.4M12%
Firm Transportation$34.7M8%
Storage And Transportation ST Segment$28.1M6%
Home Services And Other HSO$16.0M4%
Energy Services ES Segment$12.8M3%
Installationand Maintenance$6.6M1%
Electricity$5.6M1%
Renewable Energy Certificates$3.7M1%
Interruptibleand Offtariff$2.4M1%

ROAD
ROAD

Segment breakdown not available.

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