New Jersey Resources reports fiscal 2025 net income of $335.6 million
New Jersey Resources Corporation reported fiscal 2025 net income of $335.6 million, or $3.35 per share, up from $289.8 million, or $2.94 per share, in fiscal 2024. Consolidated net financial earnings $(NFE)$ for fiscal 2025 totaled $329.6 million, or $3.29 per share, compared to $290.8 million, or $2.95 per share, in the prior year. The company reached the high end of its fiscal 2025 NFE per share guidance, which was raised during the second quarter to a range of $3.20 to $3.30. By business segment, New Jersey Natural Gas contributed $213.5 million in NFE for fiscal 2025, Clean Energy Ventures $61.2 million, Storage and Transportation $18.5 million, and Energy Services $34.9 million.
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