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

TUTOR PERINI CORP 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 1.9%, a 21.4% gap on every dollar of revenue. On growth, TUTOR PERINI CORP posted the faster year-over-year revenue change (41.2% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 19.9%).

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.

Tutor Perini Corporation is one of the largest general contractors in the United States. It was formed by the merger of Perini Corporation and Tutor-Saliba Corporation in 2008. As of 2024, it reported annual revenue of approximately $4.33 billion. Tutor Perini is headquartered in Sylmar, California, and works on construction projects throughout North America. Specific areas of focus are civil infrastructure such as bridges, highways, tunnels, airports, and mass transit systems, building infra...

NJR vs TPC — Head-to-Head

Bigger by revenue
TPC
TPC
1.6× larger
TPC
$1.5B
$939.4M
NJR
Growing faster (revenue YoY)
TPC
TPC
+74.2% gap
TPC
41.2%
-33.0%
NJR
Higher net margin
NJR
NJR
21.4% more per $
NJR
23.3%
1.9%
TPC
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
111.6%
19.9%
TPC

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
NJR
NJR
TPC
TPC
Revenue
$939.4M
$1.5B
Net Profit
$218.9M
$28.8M
Gross Margin
9.8%
Operating Margin
32.0%
3.3%
Net Margin
23.3%
1.9%
Revenue YoY
-33.0%
41.2%
Net Profit YoY
7.2%
136.3%
EPS (diluted)
$2.16
$0.53

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
TPC
TPC
Q1 26
$939.4M
Q4 25
$440.9M
$1.5B
Q3 25
$188.3M
$1.4B
Q2 25
$234.8M
$1.4B
Q1 25
$569.2M
$1.2B
Q4 24
$359.0M
$1.1B
Q3 24
$265.7M
$1.1B
Q2 24
$209.9M
$1.1B
Net Profit
NJR
NJR
TPC
TPC
Q1 26
$218.9M
Q4 25
$122.5M
$28.8M
Q3 25
$15.1M
$3.6M
Q2 25
$-15.1M
$20.0M
Q1 25
$204.3M
$28.0M
Q4 24
$131.3M
$-79.4M
Q3 24
$91.1M
$-100.9M
Q2 24
$-11.6M
$812.0K
Gross Margin
NJR
NJR
TPC
TPC
Q1 26
Q4 25
9.8%
Q3 25
12.0%
Q2 25
14.3%
Q1 25
10.8%
Q4 24
-0.9%
Q3 24
-2.4%
Q2 24
10.4%
Operating Margin
NJR
NJR
TPC
TPC
Q1 26
32.0%
Q4 25
40.6%
3.3%
Q3 25
21.5%
2.8%
Q2 25
-0.5%
5.6%
Q1 25
49.2%
5.2%
Q4 24
52.8%
-8.1%
Q3 24
55.0%
-9.9%
Q2 24
2.8%
3.6%
Net Margin
NJR
NJR
TPC
TPC
Q1 26
23.3%
Q4 25
27.8%
1.9%
Q3 25
8.0%
0.3%
Q2 25
-6.4%
1.5%
Q1 25
35.9%
2.2%
Q4 24
36.6%
-7.4%
Q3 24
34.3%
-9.3%
Q2 24
-5.5%
0.1%
EPS (diluted)
NJR
NJR
TPC
TPC
Q1 26
$2.16
Q4 25
$1.21
$0.53
Q3 25
$0.15
$0.07
Q2 25
$-0.15
$0.38
Q1 25
$2.02
$0.53
Q4 24
$1.31
$-1.53
Q3 24
$0.91
$-1.92
Q2 24
$-0.12
$0.02

Balance Sheet & Financial Strength

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

Metric
NJR
NJR
TPC
TPC
Cash + ST InvestmentsLiquidity on hand
$734.6M
Total DebtLower is stronger
$407.4M
Stockholders' EquityBook value
$1.2B
Total Assets
$5.2B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NJR
NJR
TPC
TPC
Q1 26
Q4 25
$2.4M
$734.6M
Q3 25
$591.0K
$695.7M
Q2 25
$931.0K
$526.1M
Q1 25
$83.7M
$276.5M
Q4 24
$1.9M
$455.1M
Q3 24
$1.0M
$287.4M
Q2 24
$22.4M
$267.1M
Total Debt
NJR
NJR
TPC
TPC
Q1 26
Q4 25
$3.3B
$407.4M
Q3 25
$3.3B
$413.1M
Q2 25
$3.0B
$419.4M
Q1 25
$3.0B
$405.6M
Q4 24
$3.0B
$534.1M
Q3 24
$2.9B
$681.4M
Q2 24
$2.8B
$676.4M
Stockholders' Equity
NJR
NJR
TPC
TPC
Q1 26
Q4 25
$2.5B
$1.2B
Q3 25
$2.4B
$1.2B
Q2 25
$2.4B
$1.2B
Q1 25
$2.5B
$1.2B
Q4 24
$2.3B
$1.1B
Q3 24
$2.2B
$1.2B
Q2 24
$2.1B
$1.3B
Total Assets
NJR
NJR
TPC
TPC
Q1 26
Q4 25
$7.9B
$5.2B
Q3 25
$7.6B
$5.2B
Q2 25
$7.3B
$4.9B
Q1 25
$7.3B
$4.5B
Q4 24
$7.2B
$4.2B
Q3 24
$7.0B
$4.4B
Q2 24
$6.8B
$4.3B
Debt / Equity
NJR
NJR
TPC
TPC
Q1 26
Q4 25
1.32×
0.33×
Q3 25
1.36×
0.35×
Q2 25
1.25×
0.35×
Q1 25
1.20×
0.35×
Q4 24
1.29×
0.47×
Q3 24
1.31×
0.56×
Q2 24
1.30×
0.52×

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
TPC
TPC
Operating Cash FlowLast quarter
$173.7M
Free Cash FlowOCF − Capex
$98.7M
FCF MarginFCF / Revenue
6.5%
Capex IntensityCapex / Revenue
5.0%
Cash ConversionOCF / Net Profit
6.02×
TTM Free Cash FlowTrailing 4 quarters
$567.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NJR
NJR
TPC
TPC
Q1 26
Q4 25
$26.7M
$173.7M
Q3 25
$81.2M
$289.1M
Q2 25
$-28.9M
$262.4M
Q1 25
$423.0M
$22.9M
Q4 24
$-9.0M
$329.6M
Q3 24
$64.5M
$22.6M
Q2 24
$24.3M
$53.1M
Free Cash Flow
NJR
NJR
TPC
TPC
Q1 26
Q4 25
$98.7M
Q3 25
$240.2M
Q2 25
$235.6M
Q1 25
$-7.2M
Q4 24
$320.4M
Q3 24
$15.6M
Q2 24
$42.2M
FCF Margin
NJR
NJR
TPC
TPC
Q1 26
Q4 25
6.5%
Q3 25
17.0%
Q2 25
17.1%
Q1 25
-0.6%
Q4 24
30.0%
Q3 24
1.4%
Q2 24
3.7%
Capex Intensity
NJR
NJR
TPC
TPC
Q1 26
Q4 25
5.0%
Q3 25
3.5%
Q2 25
2.0%
Q1 25
2.4%
Q4 24
0.9%
Q3 24
0.6%
Q2 24
1.0%
Cash Conversion
NJR
NJR
TPC
TPC
Q1 26
Q4 25
0.22×
6.02×
Q3 25
5.39×
79.63×
Q2 25
13.14×
Q1 25
2.07×
0.82×
Q4 24
-0.07×
Q3 24
0.71×
Q2 24
65.44×

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%

TPC
TPC

State And Local Agencies$591.1M39%
Mass Transit$449.9M30%
Federal Agencies$115.0M8%
Bridges$100.5M7%
Military Facilities$93.1M6%
Commercial And Industrial Facilities$46.7M3%
Detention Facilities$43.8M3%
Power And Energy$35.8M2%
Multi Unit Residential$25.9M2%
Education Facilities$12.0M1%
Water$3.6M0%

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