vs

Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) and Wendy's Co (WEN). Click either name above to swap in a different company.

Wendy's Co is the larger business by last-quarter revenue ($543.0M vs $440.9M, roughly 1.2× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 27.8% vs 4.9%, a 22.9% gap on every dollar of revenue. On growth, NEW JERSEY RESOURCES CORP posted the faster year-over-year revenue change (22.8% vs -5.5%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (0.9% CAGR vs 0.8%).

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.

The Wendy's Company is an American fast food corporation and the holding company for Wendy's and First Kitchen. Originally founded as the Deisel-Wemmer Company, it is headquartered in Dublin, Ohio. The company's principal subsidiary, Wendy's International, is the franchisor of Wendy's restaurants.

NJR vs WEN — Head-to-Head

Bigger by revenue
WEN
WEN
1.2× larger
WEN
$543.0M
$440.9M
NJR
Growing faster (revenue YoY)
NJR
NJR
+28.3% gap
NJR
22.8%
-5.5%
WEN
Higher net margin
NJR
NJR
22.9% more per $
NJR
27.8%
4.9%
WEN
Faster 2-yr revenue CAGR
NJR
NJR
Annualised
NJR
0.9%
0.8%
WEN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NJR
NJR
WEN
WEN
Revenue
$440.9M
$543.0M
Net Profit
$122.5M
$26.5M
Gross Margin
62.7%
Operating Margin
40.6%
11.8%
Net Margin
27.8%
4.9%
Revenue YoY
22.8%
-5.5%
Net Profit YoY
-6.7%
-44.2%
EPS (diluted)
$1.21
$0.14

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
WEN
WEN
Q4 25
$440.9M
$543.0M
Q3 25
$188.3M
$549.5M
Q2 25
$234.8M
$560.9M
Q1 25
$569.2M
$523.5M
Q4 24
$359.0M
$574.3M
Q3 24
$265.7M
$566.7M
Q2 24
$209.9M
$570.7M
Q1 24
$433.2M
$534.8M
Net Profit
NJR
NJR
WEN
WEN
Q4 25
$122.5M
$26.5M
Q3 25
$15.1M
$44.3M
Q2 25
$-15.1M
$55.1M
Q1 25
$204.3M
$39.2M
Q4 24
$131.3M
$47.5M
Q3 24
$91.1M
$50.2M
Q2 24
$-11.6M
$54.6M
Q1 24
$120.8M
$42.0M
Gross Margin
NJR
NJR
WEN
WEN
Q4 25
62.7%
Q3 25
62.8%
Q2 25
65.0%
Q1 25
64.1%
Q4 24
65.9%
Q3 24
65.5%
Q2 24
65.0%
Q1 24
64.1%
Operating Margin
NJR
NJR
WEN
WEN
Q4 25
40.6%
11.8%
Q3 25
21.5%
16.8%
Q2 25
-0.5%
18.6%
Q1 25
49.2%
15.9%
Q4 24
52.8%
16.7%
Q3 24
55.0%
16.7%
Q2 24
2.8%
17.4%
Q1 24
39.3%
15.2%
Net Margin
NJR
NJR
WEN
WEN
Q4 25
27.8%
4.9%
Q3 25
8.0%
8.1%
Q2 25
-6.4%
9.8%
Q1 25
35.9%
7.5%
Q4 24
36.6%
8.3%
Q3 24
34.3%
8.9%
Q2 24
-5.5%
9.6%
Q1 24
27.9%
7.9%
EPS (diluted)
NJR
NJR
WEN
WEN
Q4 25
$1.21
$0.14
Q3 25
$0.15
$0.23
Q2 25
$-0.15
$0.29
Q1 25
$2.02
$0.19
Q4 24
$1.31
$0.23
Q3 24
$0.91
$0.25
Q2 24
$-0.12
$0.27
Q1 24
$1.22
$0.20

Balance Sheet & Financial Strength

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

Metric
NJR
NJR
WEN
WEN
Cash + ST InvestmentsLiquidity on hand
$2.4M
$300.8M
Total DebtLower is stronger
$3.3B
$2.8B
Stockholders' EquityBook value
$2.5B
$117.4M
Total Assets
$7.9B
$5.0B
Debt / EquityLower = less leverage
1.32×
23.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NJR
NJR
WEN
WEN
Q4 25
$2.4M
$300.8M
Q3 25
$591.0K
$291.4M
Q2 25
$931.0K
$281.2M
Q1 25
$83.7M
$335.3M
Q4 24
$1.9M
$450.5M
Q3 24
$1.0M
$482.2M
Q2 24
$22.4M
$465.5M
Q1 24
$5.0M
$498.3M
Total Debt
NJR
NJR
WEN
WEN
Q4 25
$3.3B
$2.8B
Q3 25
$3.3B
$2.7B
Q2 25
$3.0B
$2.7B
Q1 25
$3.0B
$2.7B
Q4 24
$3.0B
$2.7B
Q3 24
$2.9B
Q2 24
$2.8B
Q1 24
$2.7B
Stockholders' Equity
NJR
NJR
WEN
WEN
Q4 25
$2.5B
$117.4M
Q3 25
$2.4B
$109.2M
Q2 25
$2.4B
$112.9M
Q1 25
$2.5B
$130.2M
Q4 24
$2.3B
$259.4M
Q3 24
$2.2B
$259.9M
Q2 24
$2.1B
$273.8M
Q1 24
$2.2B
$293.7M
Total Assets
NJR
NJR
WEN
WEN
Q4 25
$7.9B
$5.0B
Q3 25
$7.6B
$5.0B
Q2 25
$7.3B
$4.9B
Q1 25
$7.3B
$4.9B
Q4 24
$7.2B
$5.0B
Q3 24
$7.0B
$5.1B
Q2 24
$6.8B
$5.1B
Q1 24
$6.6B
$5.2B
Debt / Equity
NJR
NJR
WEN
WEN
Q4 25
1.32×
23.51×
Q3 25
1.36×
24.95×
Q2 25
1.25×
24.18×
Q1 25
1.20×
21.00×
Q4 24
1.29×
10.57×
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
NJR
NJR
WEN
WEN
Operating Cash FlowLast quarter
$26.7M
$69.3M
Free Cash FlowOCF − Capex
$31.4M
FCF MarginFCF / Revenue
5.8%
Capex IntensityCapex / Revenue
7.0%
Cash ConversionOCF / Net Profit
0.22×
2.62×
TTM Free Cash FlowTrailing 4 quarters
$242.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NJR
NJR
WEN
WEN
Q4 25
$26.7M
$69.3M
Q3 25
$81.2M
$129.3M
Q2 25
$-28.9M
$60.6M
Q1 25
$423.0M
$85.4M
Q4 24
$-9.0M
$68.6M
Q3 24
$64.5M
$141.2M
Q2 24
$24.3M
$45.5M
Q1 24
$292.2M
$100.0M
Free Cash Flow
NJR
NJR
WEN
WEN
Q4 25
$31.4M
Q3 25
$104.3M
Q2 25
$39.2M
Q1 25
$67.7M
Q4 24
$26.6M
Q3 24
$123.3M
Q2 24
$28.4M
Q1 24
$82.6M
FCF Margin
NJR
NJR
WEN
WEN
Q4 25
5.8%
Q3 25
19.0%
Q2 25
7.0%
Q1 25
12.9%
Q4 24
4.6%
Q3 24
21.8%
Q2 24
5.0%
Q1 24
15.5%
Capex Intensity
NJR
NJR
WEN
WEN
Q4 25
7.0%
Q3 25
4.5%
Q2 25
3.8%
Q1 25
3.4%
Q4 24
7.3%
Q3 24
3.2%
Q2 24
3.0%
Q1 24
3.2%
Cash Conversion
NJR
NJR
WEN
WEN
Q4 25
0.22×
2.62×
Q3 25
5.39×
2.92×
Q2 25
1.10×
Q1 25
2.07×
2.18×
Q4 24
-0.07×
1.44×
Q3 24
0.71×
2.81×
Q2 24
0.83×
Q1 24
2.42×
2.38×

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%

WEN
WEN

Franchise Royalty Revenueand Fees$149.3M27%
Royalty$103.6M19%
Advertising$103.3M19%
Global Real Estate Development$60.5M11%
Real Estate$59.5M11%
Wendys International$39.5M7%
Franchise$21.5M4%

Related Comparisons