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

NEW JERSEY RESOURCES CORP is the larger business by last-quarter revenue ($440.9M vs $295.9M, roughly 1.5× Bio-Techne). NEW JERSEY RESOURCES CORP runs the higher net margin — 27.8% vs 12.8%, a 14.9% gap on every dollar of revenue. On growth, NEW JERSEY RESOURCES CORP posted the faster year-over-year revenue change (22.8% vs -6.4%). Over the past eight quarters, Bio-Techne's revenue compounded faster (4.2% 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.

Bio-Techne Corporation is an American life sciences company that develops, manufactures and sells life science reagents, instruments and services for the research, diagnostic, and bioprocessing markets.

NJR vs TECH — Head-to-Head

Bigger by revenue
NJR
NJR
1.5× larger
NJR
$440.9M
$295.9M
TECH
Growing faster (revenue YoY)
NJR
NJR
+29.3% gap
NJR
22.8%
-6.4%
TECH
Higher net margin
NJR
NJR
14.9% more per $
NJR
27.8%
12.8%
TECH
Faster 2-yr revenue CAGR
TECH
TECH
Annualised
TECH
4.2%
0.9%
NJR

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
NJR
NJR
TECH
TECH
Revenue
$440.9M
$295.9M
Net Profit
$122.5M
$38.0M
Gross Margin
64.6%
Operating Margin
40.6%
18.4%
Net Margin
27.8%
12.8%
Revenue YoY
22.8%
-6.4%
Net Profit YoY
-6.7%
68.3%
EPS (diluted)
$1.21
$0.24

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
TECH
TECH
Q4 25
$440.9M
$295.9M
Q3 25
$188.3M
Q2 25
$234.8M
$317.0M
Q1 25
$569.2M
$316.2M
Q4 24
$359.0M
$297.0M
Q3 24
$265.7M
$289.5M
Q2 24
$209.9M
$306.1M
Q1 24
$433.2M
$303.4M
Net Profit
NJR
NJR
TECH
TECH
Q4 25
$122.5M
$38.0M
Q3 25
$15.1M
Q2 25
$-15.1M
$-17.7M
Q1 25
$204.3M
$22.6M
Q4 24
$131.3M
$34.9M
Q3 24
$91.1M
$33.6M
Q2 24
$-11.6M
$40.6M
Q1 24
$120.8M
$49.1M
Gross Margin
NJR
NJR
TECH
TECH
Q4 25
64.6%
Q3 25
Q2 25
62.7%
Q1 25
67.9%
Q4 24
65.3%
Q3 24
63.2%
Q2 24
66.4%
Q1 24
67.4%
Operating Margin
NJR
NJR
TECH
TECH
Q4 25
40.6%
18.4%
Q3 25
21.5%
Q2 25
-0.5%
-7.5%
Q1 25
49.2%
12.2%
Q4 24
52.8%
16.0%
Q3 24
55.0%
13.8%
Q2 24
2.8%
15.0%
Q1 24
39.3%
22.1%
Net Margin
NJR
NJR
TECH
TECH
Q4 25
27.8%
12.8%
Q3 25
8.0%
Q2 25
-6.4%
-5.6%
Q1 25
35.9%
7.1%
Q4 24
36.6%
11.7%
Q3 24
34.3%
11.6%
Q2 24
-5.5%
13.3%
Q1 24
27.9%
16.2%
EPS (diluted)
NJR
NJR
TECH
TECH
Q4 25
$1.21
$0.24
Q3 25
$0.15
Q2 25
$-0.15
$-0.11
Q1 25
$2.02
$0.14
Q4 24
$1.31
$0.22
Q3 24
$0.91
$0.21
Q2 24
$-0.12
$0.26
Q1 24
$1.22
$0.31

Balance Sheet & Financial Strength

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

Metric
NJR
NJR
TECH
TECH
Cash + ST InvestmentsLiquidity on hand
$2.4M
$172.9M
Total DebtLower is stronger
$3.3B
$260.0M
Stockholders' EquityBook value
$2.5B
$2.0B
Total Assets
$7.9B
$2.5B
Debt / EquityLower = less leverage
1.32×
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NJR
NJR
TECH
TECH
Q4 25
$2.4M
$172.9M
Q3 25
$591.0K
Q2 25
$931.0K
$162.2M
Q1 25
$83.7M
$140.7M
Q4 24
$1.9M
$177.5M
Q3 24
$1.0M
$187.5M
Q2 24
$22.4M
$152.9M
Q1 24
$5.0M
$145.3M
Total Debt
NJR
NJR
TECH
TECH
Q4 25
$3.3B
$260.0M
Q3 25
$3.3B
Q2 25
$3.0B
$346.0M
Q1 25
$3.0B
$330.0M
Q4 24
$3.0B
$300.0M
Q3 24
$2.9B
$300.0M
Q2 24
$2.8B
$319.0M
Q1 24
$2.7B
$389.0M
Stockholders' Equity
NJR
NJR
TECH
TECH
Q4 25
$2.5B
$2.0B
Q3 25
$2.4B
Q2 25
$2.4B
$1.9B
Q1 25
$2.5B
$2.0B
Q4 24
$2.3B
$2.1B
Q3 24
$2.2B
$2.1B
Q2 24
$2.1B
$2.1B
Q1 24
$2.2B
$2.0B
Total Assets
NJR
NJR
TECH
TECH
Q4 25
$7.9B
$2.5B
Q3 25
$7.6B
Q2 25
$7.3B
$2.6B
Q1 25
$7.3B
$2.6B
Q4 24
$7.2B
$2.7B
Q3 24
$7.0B
$2.7B
Q2 24
$6.8B
$2.7B
Q1 24
$6.6B
$2.7B
Debt / Equity
NJR
NJR
TECH
TECH
Q4 25
1.32×
0.13×
Q3 25
1.36×
Q2 25
1.25×
0.18×
Q1 25
1.20×
0.16×
Q4 24
1.29×
0.14×
Q3 24
1.31×
0.14×
Q2 24
1.30×
0.15×
Q1 24
1.25×
0.19×

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
TECH
TECH
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.

Operating Cash Flow
NJR
NJR
TECH
TECH
Q4 25
$26.7M
Q3 25
$81.2M
Q2 25
$-28.9M
$98.2M
Q1 25
$423.0M
$41.1M
Q4 24
$-9.0M
$84.3M
Q3 24
$64.5M
$63.9M
Q2 24
$24.3M
$75.5M
Q1 24
$292.2M
$81.0M
Free Cash Flow
NJR
NJR
TECH
TECH
Q4 25
Q3 25
Q2 25
$93.3M
Q1 25
$31.0M
Q4 24
$77.5M
Q3 24
$54.7M
Q2 24
$57.5M
Q1 24
$64.5M
FCF Margin
NJR
NJR
TECH
TECH
Q4 25
Q3 25
Q2 25
29.4%
Q1 25
9.8%
Q4 24
26.1%
Q3 24
18.9%
Q2 24
18.8%
Q1 24
21.3%
Capex Intensity
NJR
NJR
TECH
TECH
Q4 25
Q3 25
Q2 25
1.5%
Q1 25
3.2%
Q4 24
2.3%
Q3 24
3.2%
Q2 24
5.9%
Q1 24
5.4%
Cash Conversion
NJR
NJR
TECH
TECH
Q4 25
0.22×
Q3 25
5.39×
Q2 25
Q1 25
2.07×
1.82×
Q4 24
-0.07×
2.42×
Q3 24
0.71×
1.90×
Q2 24
1.86×
Q1 24
2.42×
1.65×

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%

TECH
TECH

Diagnostics And Spatial Biology$81.2M27%
EMEA Excluding UK$75.4M25%
Other$42.4M14%
Instruments$29.6M10%
APAC Excluding Greater China$22.7M8%
Services$22.3M8%
GB$13.7M5%
Royalty$8.5M3%

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