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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) and Tecnoglass Inc. (TGLS). 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 $245.3M, roughly 1.8× Tecnoglass Inc.). NEW JERSEY RESOURCES CORP runs the higher net margin — 27.8% vs 10.6%, a 17.1% gap on every dollar of revenue. On growth, NEW JERSEY RESOURCES CORP posted the faster year-over-year revenue change (22.8% vs 2.4%). Over the past eight quarters, Tecnoglass Inc.'s revenue compounded faster (12.8% 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.

Tecnoglass Inc. is a leading manufacturer of high-performance architectural glass, aluminum windows, doors, and associated building components. It primarily caters to residential and commercial construction sectors across North America and Latin America, offering custom, energy-efficient solutions for new construction and renovation projects.

NJR vs TGLS — Head-to-Head

Bigger by revenue
NJR
NJR
1.8× larger
NJR
$440.9M
$245.3M
TGLS
Growing faster (revenue YoY)
NJR
NJR
+20.4% gap
NJR
22.8%
2.4%
TGLS
Higher net margin
NJR
NJR
17.1% more per $
NJR
27.8%
10.6%
TGLS
Faster 2-yr revenue CAGR
TGLS
TGLS
Annualised
TGLS
12.8%
0.9%
NJR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NJR
NJR
TGLS
TGLS
Revenue
$440.9M
$245.3M
Net Profit
$122.5M
$26.1M
Gross Margin
40.0%
Operating Margin
40.6%
18.3%
Net Margin
27.8%
10.6%
Revenue YoY
22.8%
2.4%
Net Profit YoY
-6.7%
-44.5%
EPS (diluted)
$1.21
$0.57

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
TGLS
TGLS
Q4 25
$440.9M
$245.3M
Q3 25
$188.3M
$260.5M
Q2 25
$234.8M
$255.5M
Q1 25
$569.2M
$222.3M
Q4 24
$359.0M
$239.6M
Q3 24
$265.7M
$238.3M
Q2 24
$209.9M
$219.7M
Q1 24
$433.2M
$192.6M
Net Profit
NJR
NJR
TGLS
TGLS
Q4 25
$122.5M
$26.1M
Q3 25
$15.1M
$47.2M
Q2 25
$-15.1M
$44.1M
Q1 25
$204.3M
$42.2M
Q4 24
$131.3M
$47.0M
Q3 24
$91.1M
$49.5M
Q2 24
$-11.6M
$35.0M
Q1 24
$120.8M
$29.7M
Gross Margin
NJR
NJR
TGLS
TGLS
Q4 25
40.0%
Q3 25
42.7%
Q2 25
44.7%
Q1 25
43.9%
Q4 24
44.5%
Q3 24
45.8%
Q2 24
40.8%
Q1 24
38.8%
Operating Margin
NJR
NJR
TGLS
TGLS
Q4 25
40.6%
18.3%
Q3 25
21.5%
25.1%
Q2 25
-0.5%
24.0%
Q1 25
49.2%
26.7%
Q4 24
52.8%
28.0%
Q3 24
55.0%
28.4%
Q2 24
2.8%
23.3%
Q1 24
39.3%
21.3%
Net Margin
NJR
NJR
TGLS
TGLS
Q4 25
27.8%
10.6%
Q3 25
8.0%
18.1%
Q2 25
-6.4%
17.3%
Q1 25
35.9%
19.0%
Q4 24
36.6%
19.6%
Q3 24
34.3%
20.8%
Q2 24
-5.5%
15.9%
Q1 24
27.9%
15.4%
EPS (diluted)
NJR
NJR
TGLS
TGLS
Q4 25
$1.21
$0.57
Q3 25
$0.15
$1.01
Q2 25
$-0.15
$0.94
Q1 25
$2.02
$0.90
Q4 24
$1.31
$1.00
Q3 24
$0.91
$1.05
Q2 24
$-0.12
$0.75
Q1 24
$1.22
$0.63

Balance Sheet & Financial Strength

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

Metric
NJR
NJR
TGLS
TGLS
Cash + ST InvestmentsLiquidity on hand
$2.4M
$104.1M
Total DebtLower is stronger
$3.3B
$174.4M
Stockholders' EquityBook value
$2.5B
$713.1M
Total Assets
$7.9B
$1.3B
Debt / EquityLower = less leverage
1.32×
0.24×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NJR
NJR
TGLS
TGLS
Q4 25
$2.4M
$104.1M
Q3 25
$591.0K
$127.1M
Q2 25
$931.0K
$140.9M
Q1 25
$83.7M
$160.2M
Q4 24
$1.9M
$137.5M
Q3 24
$1.0M
$124.8M
Q2 24
$22.4M
$129.5M
Q1 24
$5.0M
$138.8M
Total Debt
NJR
NJR
TGLS
TGLS
Q4 25
$3.3B
$174.4M
Q3 25
$3.3B
$114.7M
Q2 25
$3.0B
$110.6M
Q1 25
$3.0B
$110.6M
Q4 24
$3.0B
$111.1M
Q3 24
$2.9B
$126.8M
Q2 24
$2.8B
$144.7M
Q1 24
$2.7B
$160.9M
Stockholders' Equity
NJR
NJR
TGLS
TGLS
Q4 25
$2.5B
$713.1M
Q3 25
$2.4B
$764.0M
Q2 25
$2.4B
$736.0M
Q1 25
$2.5B
$685.1M
Q4 24
$2.3B
$631.2M
Q3 24
$2.2B
$613.3M
Q2 24
$2.1B
$574.8M
Q1 24
$2.2B
$573.6M
Total Assets
NJR
NJR
TGLS
TGLS
Q4 25
$7.9B
$1.3B
Q3 25
$7.6B
$1.2B
Q2 25
$7.3B
$1.2B
Q1 25
$7.3B
$1.1B
Q4 24
$7.2B
$1.0B
Q3 24
$7.0B
$996.3M
Q2 24
$6.8B
$942.5M
Q1 24
$6.6B
$981.6M
Debt / Equity
NJR
NJR
TGLS
TGLS
Q4 25
1.32×
0.24×
Q3 25
1.36×
0.15×
Q2 25
1.25×
0.15×
Q1 25
1.20×
0.16×
Q4 24
1.29×
0.18×
Q3 24
1.31×
0.21×
Q2 24
1.30×
0.25×
Q1 24
1.25×
0.28×

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
TGLS
TGLS
Operating Cash FlowLast quarter
$26.7M
$31.0M
Free Cash FlowOCF − Capex
$11.4M
FCF MarginFCF / Revenue
4.7%
Capex IntensityCapex / Revenue
8.0%
Cash ConversionOCF / Net Profit
0.22×
1.19×
TTM Free Cash FlowTrailing 4 quarters
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NJR
NJR
TGLS
TGLS
Q4 25
$26.7M
$31.0M
Q3 25
$81.2M
$40.0M
Q2 25
$-28.9M
$17.9M
Q1 25
$423.0M
$46.9M
Q4 24
$-9.0M
$61.1M
Q3 24
$64.5M
$41.5M
Q2 24
$24.3M
$34.5M
Q1 24
$292.2M
$33.4M
Free Cash Flow
NJR
NJR
TGLS
TGLS
Q4 25
$11.4M
Q3 25
$21.2M
Q2 25
$-14.7M
Q1 25
$16.5M
Q4 24
$35.4M
Q3 24
$17.8M
Q2 24
$14.2M
Q1 24
$23.6M
FCF Margin
NJR
NJR
TGLS
TGLS
Q4 25
4.7%
Q3 25
8.2%
Q2 25
-5.7%
Q1 25
7.4%
Q4 24
14.8%
Q3 24
7.5%
Q2 24
6.5%
Q1 24
12.2%
Capex Intensity
NJR
NJR
TGLS
TGLS
Q4 25
8.0%
Q3 25
7.2%
Q2 25
12.7%
Q1 25
13.7%
Q4 24
10.7%
Q3 24
9.9%
Q2 24
9.2%
Q1 24
5.1%
Cash Conversion
NJR
NJR
TGLS
TGLS
Q4 25
0.22×
1.19×
Q3 25
5.39×
0.85×
Q2 25
0.41×
Q1 25
2.07×
1.11×
Q4 24
-0.07×
1.30×
Q3 24
0.71×
0.84×
Q2 24
0.98×
Q1 24
2.42×
1.13×

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%

TGLS
TGLS

Product Sales$164.2M67%
Fixed Price Contracts$81.1M33%
Related Party$692.0K0%

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