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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) and SCOTTS MIRACLE-GRO CO (SMG). Click either name above to swap in a different company.

SCOTTS MIRACLE-GRO CO is the larger business by last-quarter revenue ($1.5B vs $939.4M, roughly 1.6× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 23.3% vs 16.3%, a 7.0% gap on every dollar of revenue. On growth, SCOTTS MIRACLE-GRO CO posted the faster year-over-year revenue change (-16.9% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 10.2%).

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.

The Scotts Miracle-Gro Company is an American multinational corporation headquartered in Marysville, Ohio, where O.M. Scott began selling lawn seed in 1868. The company manufactures and sells consumer lawn, garden and pest control products, as well as soilless indoor gardening equipment. In the U.S., the company manufactures Scotts, Miracle-Gro and Ortho brands. It also markets and distributes the herbicide Roundup in the U.S. and several international markets including China.

NJR vs SMG — Head-to-Head

Bigger by revenue
SMG
SMG
1.6× larger
SMG
$1.5B
$939.4M
NJR
Growing faster (revenue YoY)
SMG
SMG
+16.1% gap
SMG
-16.9%
-33.0%
NJR
Higher net margin
NJR
NJR
7.0% more per $
NJR
23.3%
16.3%
SMG
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
111.6%
10.2%
SMG

Income Statement — Q2 FY2026 vs Q2 FY2026

Metric
NJR
NJR
SMG
SMG
Revenue
$939.4M
$1.5B
Net Profit
$218.9M
$238.6M
Gross Margin
41.8%
Operating Margin
32.0%
27.5%
Net Margin
23.3%
16.3%
Revenue YoY
-33.0%
-16.9%
Net Profit YoY
7.2%
61.2%
EPS (diluted)
$2.16
$-2.00

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
SMG
SMG
Q1 26
$939.4M
$1.5B
Q4 25
$440.9M
$354.4M
Q3 25
$188.3M
$387.3M
Q2 25
$234.8M
$1.2B
Q1 25
$569.2M
$1.4B
Q4 24
$359.0M
$416.8M
Q3 24
$265.7M
$414.7M
Q2 24
$209.9M
$1.2B
Net Profit
NJR
NJR
SMG
SMG
Q1 26
$218.9M
$238.6M
Q4 25
$122.5M
$-125.0M
Q3 25
$15.1M
Q2 25
$-15.1M
$149.1M
Q1 25
$204.3M
$217.5M
Q4 24
$131.3M
$-69.5M
Q3 24
$91.1M
Q2 24
$-11.6M
$132.1M
Gross Margin
NJR
NJR
SMG
SMG
Q1 26
41.8%
Q4 25
25.0%
Q3 25
6.1%
Q2 25
31.8%
Q1 25
38.6%
Q4 24
22.7%
Q3 24
-7.1%
Q2 24
29.5%
Operating Margin
NJR
NJR
SMG
SMG
Q1 26
32.0%
27.5%
Q4 25
40.6%
-6.2%
Q3 25
21.5%
-38.8%
Q2 25
-0.5%
18.1%
Q1 25
49.2%
24.3%
Q4 24
52.8%
-12.2%
Q3 24
55.0%
-52.1%
Q2 24
2.8%
16.6%
Net Margin
NJR
NJR
SMG
SMG
Q1 26
23.3%
16.3%
Q4 25
27.8%
-35.3%
Q3 25
8.0%
Q2 25
-6.4%
12.6%
Q1 25
35.9%
15.3%
Q4 24
36.6%
-16.7%
Q3 24
34.3%
Q2 24
-5.5%
11.0%
EPS (diluted)
NJR
NJR
SMG
SMG
Q1 26
$2.16
$-2.00
Q4 25
$1.21
$-2.16
Q3 25
$0.15
$-2.58
Q2 25
$-0.15
$2.54
Q1 25
$2.02
$3.72
Q4 24
$1.31
$-1.21
Q3 24
$0.91
$-4.21
Q2 24
$-0.12
$2.28

Balance Sheet & Financial Strength

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

Metric
NJR
NJR
SMG
SMG
Cash + ST InvestmentsLiquidity on hand
$6.2M
Total DebtLower is stronger
$2.3B
Stockholders' EquityBook value
Total Assets
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NJR
NJR
SMG
SMG
Q1 26
$6.2M
Q4 25
$2.4M
$8.3M
Q3 25
$591.0K
$36.6M
Q2 25
$931.0K
$51.1M
Q1 25
$83.7M
$16.9M
Q4 24
$1.9M
$9.8M
Q3 24
$1.0M
$71.6M
Q2 24
$22.4M
$279.9M
Total Debt
NJR
NJR
SMG
SMG
Q1 26
$2.3B
Q4 25
$3.3B
Q3 25
$3.3B
$2.1B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.9B
$2.2B
Q2 24
$2.8B
Stockholders' Equity
NJR
NJR
SMG
SMG
Q1 26
Q4 25
$2.5B
$-500.6M
Q3 25
$2.4B
$-357.5M
Q2 25
$2.4B
$-170.9M
Q1 25
$2.5B
$-290.1M
Q4 24
$2.3B
$-479.5M
Q3 24
$2.2B
$-390.6M
Q2 24
$2.1B
$-146.2M
Total Assets
NJR
NJR
SMG
SMG
Q1 26
$3.4B
Q4 25
$7.9B
$3.0B
Q3 25
$7.6B
$2.7B
Q2 25
$7.3B
$3.1B
Q1 25
$7.3B
$3.5B
Q4 24
$7.2B
$3.2B
Q3 24
$7.0B
$2.9B
Q2 24
$6.8B
$3.5B
Debt / Equity
NJR
NJR
SMG
SMG
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×

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%

SMG
SMG

Segment breakdown not available.

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