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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) and VinFast Auto Ltd. (VFS). Click either name above to swap in a different company.
VinFast Auto Ltd. is the larger business by last-quarter revenue ($718.6M vs $440.9M, roughly 1.6× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 27.8% vs -2.8%, a 30.6% gap on every dollar of revenue.
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.
VinFast Auto Ltd. is a Vietnamese multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng.
NJR vs VFS — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $440.9M | $718.6M |
| Net Profit | $122.5M | $-20.0M |
| Gross Margin | — | — |
| Operating Margin | 40.6% | -96.1% |
| Net Margin | 27.8% | -2.8% |
| Revenue YoY | 22.8% | — |
| Net Profit YoY | -6.7% | — |
| EPS (diluted) | $1.21 | — |
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.
| Q4 25 | $440.9M | — | ||
| Q3 25 | $188.3M | $718.6M | ||
| Q2 25 | $234.8M | $663.0M | ||
| Q1 25 | $569.2M | $656.5M | ||
| Q4 24 | $359.0M | — | ||
| Q3 24 | $265.7M | $511.6M | ||
| Q2 24 | $209.9M | — | ||
| Q1 24 | $433.2M | $302.6M |
| Q4 25 | $122.5M | — | ||
| Q3 25 | $15.1M | $-20.0M | ||
| Q2 25 | $-15.1M | $-51.8M | ||
| Q1 25 | $204.3M | $-26.1M | ||
| Q4 24 | $131.3M | — | ||
| Q3 24 | $91.1M | $-10.4M | ||
| Q2 24 | $-11.6M | — | ||
| Q1 24 | $120.8M | $-618.3M |
| Q4 25 | 40.6% | — | ||
| Q3 25 | 21.5% | -96.1% | ||
| Q2 25 | -0.5% | -79.0% | ||
| Q1 25 | 49.2% | -74.0% | ||
| Q4 24 | 52.8% | — | ||
| Q3 24 | 55.0% | -65.9% | ||
| Q2 24 | 2.8% | — | ||
| Q1 24 | 39.3% | -139.4% |
| Q4 25 | 27.8% | — | ||
| Q3 25 | 8.0% | -2.8% | ||
| Q2 25 | -6.4% | -7.8% | ||
| Q1 25 | 35.9% | -4.0% | ||
| Q4 24 | 36.6% | — | ||
| Q3 24 | 34.3% | -2.0% | ||
| Q2 24 | -5.5% | — | ||
| Q1 24 | 27.9% | -204.3% |
| Q4 25 | $1.21 | — | ||
| Q3 25 | $0.15 | — | ||
| Q2 25 | $-0.15 | — | ||
| Q1 25 | $2.02 | — | ||
| Q4 24 | $1.31 | — | ||
| Q3 24 | $0.91 | — | ||
| Q2 24 | $-0.12 | — | ||
| Q1 24 | $1.22 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.4M | $8.8M |
| Total DebtLower is stronger | $3.3B | — |
| Stockholders' EquityBook value | $2.5B | — |
| Total Assets | $7.9B | $183.2M |
| Debt / EquityLower = less leverage | 1.32× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.4M | — | ||
| Q3 25 | $591.0K | $8.8M | ||
| Q2 25 | $931.0K | $650.0M | ||
| Q1 25 | $83.7M | $2.4M | ||
| Q4 24 | $1.9M | — | ||
| Q3 24 | $1.0M | $1.9M | ||
| Q2 24 | $22.4M | — | ||
| Q1 24 | $5.0M | $3.0M |
| Q4 25 | $3.3B | — | ||
| Q3 25 | $3.3B | — | ||
| Q2 25 | $3.0B | — | ||
| Q1 25 | $3.0B | — | ||
| Q4 24 | $3.0B | — | ||
| Q3 24 | $2.9B | — | ||
| Q2 24 | $2.8B | — | ||
| Q1 24 | $2.7B | — |
| Q4 25 | $2.5B | — | ||
| Q3 25 | $2.4B | — | ||
| Q2 25 | $2.4B | $-7.2B | ||
| Q1 25 | $2.5B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.1B | — | ||
| Q1 24 | $2.2B | — |
| Q4 25 | $7.9B | — | ||
| Q3 25 | $7.6B | $183.2M | ||
| Q2 25 | $7.3B | $7.2B | ||
| Q1 25 | $7.3B | $158.2M | ||
| Q4 24 | $7.2B | — | ||
| Q3 24 | $7.0B | $151.8M | ||
| Q2 24 | $6.8B | — | ||
| Q1 24 | $6.6B | $145.6M |
| 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× | — | ||
| Q1 24 | 1.25× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| 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.
| Q4 25 | $26.7M | — | ||
| Q3 25 | $81.2M | — | ||
| Q2 25 | $-28.9M | — | ||
| Q1 25 | $423.0M | — | ||
| Q4 24 | $-9.0M | — | ||
| Q3 24 | $64.5M | — | ||
| Q2 24 | $24.3M | — | ||
| Q1 24 | $292.2M | — |
| Q4 25 | 0.22× | — | ||
| Q3 25 | 5.39× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | 2.07× | — | ||
| Q4 24 | -0.07× | — | ||
| Q3 24 | 0.71× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | 2.42× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NJR
| Residential | $284.1M | 64% |
| Commercialand Industrial | $53.4M | 12% |
| Firm Transportation | $34.7M | 8% |
| Storage And Transportation ST Segment | $28.1M | 6% |
| Home Services And Other HSO | $16.0M | 4% |
| Energy Services ES Segment | $12.8M | 3% |
| Installationand Maintenance | $6.6M | 1% |
| Electricity | $5.6M | 1% |
| Renewable Energy Certificates | $3.7M | 1% |
| Interruptibleand Offtariff | $2.4M | 1% |
VFS
| Sales of vehicles | $662.9M | 92% |
| Sales of spare parts and components | $41.3M | 6% |
| Revenue from leasing activities | $12.3M | 2% |
| Finance income | $2.4M | 0% |
| Rendering of services | $1.2M | 0% |
