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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) and SiriusPoint Ltd (SPNT). Click either name above to swap in a different company.

SiriusPoint Ltd is the larger business by last-quarter revenue ($973.7M vs $939.4M, roughly 1.0× NEW JERSEY RESOURCES CORP). SiriusPoint Ltd runs the higher net margin — 25.1% vs 23.3%, a 1.8% gap on every dollar of revenue. On growth, SiriusPoint Ltd posted the faster year-over-year revenue change (58.9% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 19.2%).

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.

SiriusPoint Ltd is a global specialty insurance and reinsurance provider based in Pembroke, Bermuda. It offers property, casualty, specialty line coverages and alternative capital solutions, serving commercial clients and risk carriers across North America, Europe, Asia Pacific and other key markets, focusing on rigorous underwriting and stable risk-adjusted returns.

NJR vs SPNT — Head-to-Head

Bigger by revenue
SPNT
SPNT
1.0× larger
SPNT
$973.7M
$939.4M
NJR
Growing faster (revenue YoY)
SPNT
SPNT
+91.9% gap
SPNT
58.9%
-33.0%
NJR
Higher net margin
SPNT
SPNT
1.8% more per $
SPNT
25.1%
23.3%
NJR
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
111.6%
19.2%
SPNT

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
NJR
NJR
SPNT
SPNT
Revenue
$939.4M
$973.7M
Net Profit
$218.9M
$244.1M
Gross Margin
Operating Margin
32.0%
28.8%
Net Margin
23.3%
25.1%
Revenue YoY
-33.0%
58.9%
Net Profit YoY
7.2%
1535.9%
EPS (diluted)
$2.16
$1.92

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
SPNT
SPNT
Q1 26
$939.4M
Q4 25
$440.9M
$973.7M
Q3 25
$188.3M
$755.9M
Q2 25
$234.8M
$748.2M
Q1 25
$569.2M
$727.3M
Q4 24
$359.0M
$612.8M
Q3 24
$265.7M
$562.2M
Q2 24
$209.9M
$743.3M
Net Profit
NJR
NJR
SPNT
SPNT
Q1 26
$218.9M
Q4 25
$122.5M
$244.1M
Q3 25
$15.1M
$90.8M
Q2 25
$-15.1M
$63.2M
Q1 25
$204.3M
$61.6M
Q4 24
$131.3M
$-17.0M
Q3 24
$91.1M
$8.5M
Q2 24
$-11.6M
$113.9M
Operating Margin
NJR
NJR
SPNT
SPNT
Q1 26
32.0%
Q4 25
40.6%
28.8%
Q3 25
21.5%
14.7%
Q2 25
-0.5%
10.0%
Q1 25
49.2%
10.4%
Q4 24
52.8%
-2.1%
Q3 24
55.0%
2.0%
Q2 24
2.8%
17.4%
Net Margin
NJR
NJR
SPNT
SPNT
Q1 26
23.3%
Q4 25
27.8%
25.1%
Q3 25
8.0%
12.0%
Q2 25
-6.4%
8.4%
Q1 25
35.9%
8.5%
Q4 24
36.6%
-2.8%
Q3 24
34.3%
1.5%
Q2 24
-5.5%
15.3%
EPS (diluted)
NJR
NJR
SPNT
SPNT
Q1 26
$2.16
Q4 25
$1.21
$1.92
Q3 25
$0.15
$0.73
Q2 25
$-0.15
$0.50
Q1 25
$2.02
$0.49
Q4 24
$1.31
$-0.05
Q3 24
$0.91
$0.03
Q2 24
$-0.12
$0.57

Balance Sheet & Financial Strength

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

Metric
NJR
NJR
SPNT
SPNT
Cash + ST InvestmentsLiquidity on hand
$731.2M
Total DebtLower is stronger
$688.6M
Stockholders' EquityBook value
$2.5B
Total Assets
$12.6B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NJR
NJR
SPNT
SPNT
Q1 26
Q4 25
$2.4M
$731.2M
Q3 25
$591.0K
$582.4M
Q2 25
$931.0K
$732.4M
Q1 25
$83.7M
$740.3M
Q4 24
$1.9M
$682.0M
Q3 24
$1.0M
$640.7M
Q2 24
$22.4M
$598.1M
Total Debt
NJR
NJR
SPNT
SPNT
Q1 26
Q4 25
$3.3B
$688.6M
Q3 25
$3.3B
$682.5M
Q2 25
$3.0B
$678.4M
Q1 25
$3.0B
$663.5M
Q4 24
$3.0B
$639.1M
Q3 24
$2.9B
$660.5M
Q2 24
$2.8B
$648.6M
Stockholders' Equity
NJR
NJR
SPNT
SPNT
Q1 26
Q4 25
$2.5B
$2.5B
Q3 25
$2.4B
$2.2B
Q2 25
$2.4B
$2.1B
Q1 25
$2.5B
$2.0B
Q4 24
$2.3B
$1.9B
Q3 24
$2.2B
$2.7B
Q2 24
$2.1B
$2.7B
Total Assets
NJR
NJR
SPNT
SPNT
Q1 26
Q4 25
$7.9B
$12.6B
Q3 25
$7.6B
$12.5B
Q2 25
$7.3B
$12.4B
Q1 25
$7.3B
$12.3B
Q4 24
$7.2B
$12.5B
Q3 24
$7.0B
$12.7B
Q2 24
$6.8B
$12.8B
Debt / Equity
NJR
NJR
SPNT
SPNT
Q1 26
Q4 25
1.32×
0.28×
Q3 25
1.36×
0.31×
Q2 25
1.25×
0.32×
Q1 25
1.20×
0.33×
Q4 24
1.29×
0.33×
Q3 24
1.31×
0.25×
Q2 24
1.30×
0.24×

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
SPNT
SPNT
Operating Cash FlowLast quarter
$-26.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.11×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NJR
NJR
SPNT
SPNT
Q1 26
Q4 25
$26.7M
$-26.4M
Q3 25
$81.2M
$155.6M
Q2 25
$-28.9M
$62.1M
Q1 25
$423.0M
$-88.9M
Q4 24
$-9.0M
$107.7M
Q3 24
$64.5M
$58.1M
Q2 24
$24.3M
$-149.9M
Cash Conversion
NJR
NJR
SPNT
SPNT
Q1 26
Q4 25
0.22×
-0.11×
Q3 25
5.39×
1.71×
Q2 25
0.98×
Q1 25
2.07×
-1.44×
Q4 24
-0.07×
Q3 24
0.71×
6.84×
Q2 24
-1.32×

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%

SPNT
SPNT

Segment breakdown not available.

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