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Side-by-side financial comparison of NEW JERSEY RESOURCES CORP (NJR) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.
NEW JERSEY RESOURCES CORP is the larger business by last-quarter revenue ($939.4M vs $891.0M, roughly 1.1× ZIONS BANCORPORATION, NATIONAL ASSOCIATION). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 23.3%, a 6.2% gap on every dollar of revenue. On growth, ZIONS BANCORPORATION, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (8.7% vs -33.0%). Over the past eight quarters, NEW JERSEY RESOURCES CORP's revenue compounded faster (111.6% CAGR vs 9.6%).
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.
Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.
NJR vs ZION — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $939.4M | $891.0M |
| Net Profit | $218.9M | $263.0M |
| Gross Margin | — | — |
| Operating Margin | 32.0% | — |
| Net Margin | 23.3% | 29.5% |
| Revenue YoY | -33.0% | 8.7% |
| Net Profit YoY | 7.2% | 21.8% |
| EPS (diluted) | $2.16 | $1.77 |
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.
| Q1 26 | $939.4M | — | ||
| Q4 25 | $440.9M | $891.0M | ||
| Q3 25 | $188.3M | $861.0M | ||
| Q2 25 | $234.8M | $838.0M | ||
| Q1 25 | $569.2M | $795.0M | ||
| Q4 24 | $359.0M | $820.0M | ||
| Q3 24 | $265.7M | $792.0M | ||
| Q2 24 | $209.9M | $777.0M |
| Q1 26 | $218.9M | — | ||
| Q4 25 | $122.5M | $263.0M | ||
| Q3 25 | $15.1M | $222.0M | ||
| Q2 25 | $-15.1M | $244.0M | ||
| Q1 25 | $204.3M | $170.0M | ||
| Q4 24 | $131.3M | $216.0M | ||
| Q3 24 | $91.1M | $214.0M | ||
| Q2 24 | $-11.6M | $201.0M |
| Q1 26 | 32.0% | — | ||
| Q4 25 | 40.6% | — | ||
| Q3 25 | 21.5% | — | ||
| Q2 25 | -0.5% | — | ||
| Q1 25 | 49.2% | — | ||
| Q4 24 | 52.8% | — | ||
| Q3 24 | 55.0% | — | ||
| Q2 24 | 2.8% | — |
| Q1 26 | 23.3% | — | ||
| Q4 25 | 27.8% | 29.5% | ||
| Q3 25 | 8.0% | 25.8% | ||
| Q2 25 | -6.4% | 29.1% | ||
| Q1 25 | 35.9% | 21.4% | ||
| Q4 24 | 36.6% | 26.3% | ||
| Q3 24 | 34.3% | 27.0% | ||
| Q2 24 | -5.5% | 25.9% |
| Q1 26 | $2.16 | — | ||
| Q4 25 | $1.21 | $1.77 | ||
| Q3 25 | $0.15 | $1.48 | ||
| Q2 25 | $-0.15 | $1.63 | ||
| Q1 25 | $2.02 | $1.13 | ||
| Q4 24 | $1.31 | $1.34 | ||
| Q3 24 | $0.91 | $1.37 | ||
| Q2 24 | $-0.12 | $1.28 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | — |
| Total DebtLower is stronger | — | $1.5B |
| Stockholders' EquityBook value | — | $7.2B |
| Total Assets | — | $89.0B |
| Debt / EquityLower = less leverage | — | 0.21× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.4M | — | ||
| Q3 25 | $591.0K | — | ||
| Q2 25 | $931.0K | — | ||
| Q1 25 | $83.7M | — | ||
| Q4 24 | $1.9M | — | ||
| Q3 24 | $1.0M | — | ||
| Q2 24 | $22.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | $3.3B | $1.5B | ||
| Q3 25 | $3.3B | $1.5B | ||
| Q2 25 | $3.0B | $970.0M | ||
| Q1 25 | $3.0B | $964.0M | ||
| Q4 24 | $3.0B | $950.0M | ||
| Q3 24 | $2.9B | $548.0M | ||
| Q2 24 | $2.8B | $546.0M |
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $7.2B | ||
| Q3 25 | $2.4B | $6.9B | ||
| Q2 25 | $2.4B | $6.6B | ||
| Q1 25 | $2.5B | $6.3B | ||
| Q4 24 | $2.3B | $6.1B | ||
| Q3 24 | $2.2B | $6.4B | ||
| Q2 24 | $2.1B | $6.0B |
| Q1 26 | — | — | ||
| Q4 25 | $7.9B | $89.0B | ||
| Q3 25 | $7.6B | $88.5B | ||
| Q2 25 | $7.3B | $88.9B | ||
| Q1 25 | $7.3B | $88.0B | ||
| Q4 24 | $7.2B | $88.8B | ||
| Q3 24 | $7.0B | $87.0B | ||
| Q2 24 | $6.8B | $87.6B |
| Q1 26 | — | — | ||
| Q4 25 | 1.32× | 0.21× | ||
| Q3 25 | 1.36× | 0.21× | ||
| Q2 25 | 1.25× | 0.15× | ||
| Q1 25 | 1.20× | 0.15× | ||
| Q4 24 | 1.29× | 0.16× | ||
| Q3 24 | 1.31× | 0.09× | ||
| Q2 24 | 1.30× | 0.09× |
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 | — | $1.1B |
| Free Cash FlowOCF − Capex | — | $952.0M |
| FCF MarginFCF / Revenue | — | 106.8% |
| Capex IntensityCapex / Revenue | — | 13.6% |
| Cash ConversionOCF / Net Profit | — | 4.08× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $26.7M | $1.1B | ||
| Q3 25 | $81.2M | $438.0M | ||
| Q2 25 | $-28.9M | $-62.0M | ||
| Q1 25 | $423.0M | $179.0M | ||
| Q4 24 | $-9.0M | $1.1B | ||
| Q3 24 | $64.5M | $119.0M | ||
| Q2 24 | $24.3M | $251.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $952.0M | ||
| Q3 25 | — | $413.0M | ||
| Q2 25 | — | $-93.0M | ||
| Q1 25 | — | $152.0M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $97.0M | ||
| Q2 24 | — | $234.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 106.8% | ||
| Q3 25 | — | 48.0% | ||
| Q2 25 | — | -11.1% | ||
| Q1 25 | — | 19.1% | ||
| Q4 24 | — | 128.2% | ||
| Q3 24 | — | 12.2% | ||
| Q2 24 | — | 30.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 13.6% | ||
| Q3 25 | — | 2.9% | ||
| Q2 25 | — | 3.7% | ||
| Q1 25 | — | 3.4% | ||
| Q4 24 | — | 11.8% | ||
| Q3 24 | — | 2.8% | ||
| Q2 24 | — | 2.2% |
| Q1 26 | — | — | ||
| Q4 25 | 0.22× | 4.08× | ||
| Q3 25 | 5.39× | 1.97× | ||
| Q2 25 | — | -0.25× | ||
| Q1 25 | 2.07× | 1.05× | ||
| Q4 24 | -0.07× | 5.31× | ||
| Q3 24 | 0.71× | 0.56× | ||
| Q2 24 | — | 1.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NJR
| Utility | $640.9M | 68% |
| Nonutility | $298.5M | 32% |
ZION
Segment breakdown not available.
