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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) and EXPRO GROUP HOLDINGS N.V. (XPRO). 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 $382.1M, roughly 1.2× EXPRO GROUP HOLDINGS N.V.). NEW JERSEY RESOURCES CORP runs the higher net margin — 27.8% vs 1.5%, a 26.3% gap on every dollar of revenue. On growth, NEW JERSEY RESOURCES CORP posted the faster year-over-year revenue change (22.8% vs -12.5%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (0.9% CAGR vs -0.2%).
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.
Expro is an energy services provider headquartered in Houston, Texas, United States.
NJR vs XPRO — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $440.9M | $382.1M |
| Net Profit | $122.5M | $5.8M |
| Gross Margin | — | — |
| Operating Margin | 40.6% | 3.1% |
| Net Margin | 27.8% | 1.5% |
| Revenue YoY | 22.8% | -12.5% |
| Net Profit YoY | -6.7% | -74.9% |
| EPS (diluted) | $1.21 | $0.05 |
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 | $382.1M | ||
| Q3 25 | $188.3M | $411.4M | ||
| Q2 25 | $234.8M | $422.7M | ||
| Q1 25 | $569.2M | $390.9M | ||
| Q4 24 | $359.0M | $436.8M | ||
| Q3 24 | $265.7M | $422.8M | ||
| Q2 24 | $209.9M | $469.6M | ||
| Q1 24 | $433.2M | $383.5M |
| Q4 25 | $122.5M | $5.8M | ||
| Q3 25 | $15.1M | $14.0M | ||
| Q2 25 | $-15.1M | $18.0M | ||
| Q1 25 | $204.3M | $13.9M | ||
| Q4 24 | $131.3M | $23.0M | ||
| Q3 24 | $91.1M | $16.3M | ||
| Q2 24 | $-11.6M | $15.3M | ||
| Q1 24 | $120.8M | $-2.7M |
| Q4 25 | 40.6% | 3.1% | ||
| Q3 25 | 21.5% | 6.4% | ||
| Q2 25 | -0.5% | 7.7% | ||
| Q1 25 | 49.2% | 2.6% | ||
| Q4 24 | 52.8% | 7.3% | ||
| Q3 24 | 55.0% | 6.2% | ||
| Q2 24 | 2.8% | 5.9% | ||
| Q1 24 | 39.3% | 2.2% |
| Q4 25 | 27.8% | 1.5% | ||
| Q3 25 | 8.0% | 3.4% | ||
| Q2 25 | -6.4% | 4.3% | ||
| Q1 25 | 35.9% | 3.6% | ||
| Q4 24 | 36.6% | 5.3% | ||
| Q3 24 | 34.3% | 3.8% | ||
| Q2 24 | -5.5% | 3.3% | ||
| Q1 24 | 27.9% | -0.7% |
| Q4 25 | $1.21 | $0.05 | ||
| Q3 25 | $0.15 | $0.12 | ||
| Q2 25 | $-0.15 | $0.16 | ||
| Q1 25 | $2.02 | $0.12 | ||
| Q4 24 | $1.31 | $0.20 | ||
| Q3 24 | $0.91 | $0.14 | ||
| Q2 24 | $-0.12 | $0.13 | ||
| Q1 24 | $1.22 | $-0.02 |
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 | $196.1M |
| Total DebtLower is stronger | $3.3B | $79.1M |
| Stockholders' EquityBook value | $2.5B | $1.5B |
| Total Assets | $7.9B | $2.3B |
| Debt / EquityLower = less leverage | 1.32× | 0.05× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.4M | $196.1M | ||
| Q3 25 | $591.0K | $197.9M | ||
| Q2 25 | $931.0K | $206.8M | ||
| Q1 25 | $83.7M | $179.3M | ||
| Q4 24 | $1.9M | $183.0M | ||
| Q3 24 | $1.0M | $165.7M | ||
| Q2 24 | $22.4M | $133.5M | ||
| Q1 24 | $5.0M | $163.2M |
| Q4 25 | $3.3B | $79.1M | ||
| Q3 25 | $3.3B | $99.1M | ||
| Q2 25 | $3.0B | $121.1M | ||
| Q1 25 | $3.0B | $121.1M | ||
| Q4 24 | $3.0B | $121.1M | ||
| Q3 24 | $2.9B | $121.1M | ||
| Q2 24 | $2.8B | $121.1M | ||
| Q1 24 | $2.7B | $40.0M |
| Q4 25 | $2.5B | $1.5B | ||
| Q3 25 | $2.4B | $1.5B | ||
| Q2 25 | $2.4B | $1.5B | ||
| Q1 25 | $2.5B | $1.5B | ||
| Q4 24 | $2.3B | $1.5B | ||
| Q3 24 | $2.2B | $1.5B | ||
| Q2 24 | $2.1B | $1.5B | ||
| Q1 24 | $2.2B | $1.3B |
| Q4 25 | $7.9B | $2.3B | ||
| Q3 25 | $7.6B | $2.3B | ||
| Q2 25 | $7.3B | $2.3B | ||
| Q1 25 | $7.3B | $2.3B | ||
| Q4 24 | $7.2B | $2.3B | ||
| Q3 24 | $7.0B | $2.3B | ||
| Q2 24 | $6.8B | $2.3B | ||
| Q1 24 | $6.6B | $2.0B |
| Q4 25 | 1.32× | 0.05× | ||
| Q3 25 | 1.36× | 0.07× | ||
| Q2 25 | 1.25× | 0.08× | ||
| Q1 25 | 1.20× | 0.08× | ||
| Q4 24 | 1.29× | 0.08× | ||
| Q3 24 | 1.31× | 0.08× | ||
| Q2 24 | 1.30× | 0.08× | ||
| Q1 24 | 1.25× | 0.03× |
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 | $57.1M |
| Free Cash FlowOCF − Capex | — | $23.2M |
| FCF MarginFCF / Revenue | — | 6.1% |
| Capex IntensityCapex / Revenue | — | 8.9% |
| Cash ConversionOCF / Net Profit | 0.22× | 9.89× |
| TTM Free Cash FlowTrailing 4 quarters | — | $97.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $26.7M | $57.1M | ||
| Q3 25 | $81.2M | $63.2M | ||
| Q2 25 | $-28.9M | $48.4M | ||
| Q1 25 | $423.0M | $41.5M | ||
| Q4 24 | $-9.0M | $97.4M | ||
| Q3 24 | $64.5M | $55.3M | ||
| Q2 24 | $24.3M | $-13.2M | ||
| Q1 24 | $292.2M | $29.9M |
| Q4 25 | — | $23.2M | ||
| Q3 25 | — | $39.0M | ||
| Q2 25 | — | $27.2M | ||
| Q1 25 | — | $8.4M | ||
| Q4 24 | — | $53.0M | ||
| Q3 24 | — | $23.3M | ||
| Q2 24 | — | $-49.5M | ||
| Q1 24 | — | $-801.0K |
| Q4 25 | — | 6.1% | ||
| Q3 25 | — | 9.5% | ||
| Q2 25 | — | 6.4% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 12.1% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | -10.5% | ||
| Q1 24 | — | -0.2% |
| Q4 25 | — | 8.9% | ||
| Q3 25 | — | 5.9% | ||
| Q2 25 | — | 5.0% | ||
| Q1 25 | — | 8.5% | ||
| Q4 24 | — | 10.2% | ||
| Q3 24 | — | 7.6% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | — | 8.0% |
| Q4 25 | 0.22× | 9.89× | ||
| Q3 25 | 5.39× | 4.52× | ||
| Q2 25 | — | 2.69× | ||
| Q1 25 | 2.07× | 2.98× | ||
| Q4 24 | -0.07× | 4.23× | ||
| Q3 24 | 0.71× | 3.40× | ||
| Q2 24 | — | -0.86× | ||
| 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% |
XPRO
| NLA | $130.3M | 34% |
| ESSA | $116.3M | 30% |
| MENA | $93.0M | 24% |
| Other | $42.5M | 11% |
