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Held by 412 of 5,944 reporting institutions (96th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
This company doesn't have positive free cash flow, so a reverse DCF can't be run.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
7/8 of the 9 checks — 1 couldn't be scored (see above), so the score is out of the 8 with data.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
Free-cash-flow coverage unavailable. Last year: $180M dividends + $0 buybacks = $180M returned.
4 consecutive years of dividend increases · 7%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A cash-return story — far more went to shareholders than back into the business (mature, low-reinvestment).
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 13%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $591000 covers the $0 due within a year 591000.0× over. Scheduled principal only (excludes interest & revolver draws). As of 2011-09-30 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Coverage is adequate but not comfortable. Effective rate ~65.7% on $196M of debt.
Cash of $591000 is below short-term debt of $196M — relies on refinancing/operations.
Mostly short-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-14
Where each multiple sits in its own 14-yr range · 79th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Low operating leverage — profit tracks sales closely (stable, less cyclical).
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Income | — | 21.0 | 27.5 | 33.8 | 33.9 | 36.6 | 37.2 | 37.7 |
| Income Tax | — | 2.4 | 4.4 | 3.9 | 6.4 | 4.4 | 6.9 | 7.2 |
| Net Income | — | 15.8 | 19.6 | 13.8 | 22.9 | 23.8 | 23.6 | 24.8 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on NJR: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
EOD close · as of 2026-09-14
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.35B 100.0% | $1.23B 100.0% | $1.11B 100.0% | $1.20B 100.0% | $852.1M 100.0% | $833.7M 100.0% | $782.3M 100.0% | — | — | — |
| Cost of Revenue | — | — | — | — | — | — | — | $1.99B | $1.44B | $1.14B |
| Total Operating Expenses | $1.53B 113.0% | $1.34B 108.8% | $1.56B 140.0% | $2.50B 208.5% | $1.87B 219.3% | $1.72B 206.9% | $2.44B 311.6% | $2.72B | $2.10B | $1.71B |
| Operating Income | $508.9M 37.7% | $458.1M 37.2% | $407.0M 36.6% | $406.5M 33.9% | $288.4M 33.8% | $228.9M 27.5% | $164.6M 21.0% | $209.0M | $171.2M | $167.5M |
| Interest Expense | $128.6M 9.5% | $130.3M 10.6% | $123.0M 11.1% | $85.8M 7.2% | $78.6M 9.2% | $67.6M 8.1% | $47.1M 6.0% | $46.3M | $44.9M | $31.0M |
| Interest & Investment Income | — | $8.7M 0.7% | $8.9M 0.8% | $2.7M 0.2% | $2.2M 0.3% | $3.0M 0.4% | $1.6M 0.2% | $614K | $2.0M | $128K |
| Other Income (Expense), net | $46.2M 3.4% | $41.6M 3.4% | $26.1M 2.3% | $22.3M 1.9% | $24.6M 2.9% | $23.9M 2.9% | $11.3M 1.4% | $13.0M | $10.3M | $9.2M |
| Pretax Income | $426.5M 31.6% | $369.4M 30.0% | $310.1M 27.9% | $342.9M 28.6% | $234.4M 27.5% | $185.2M 22.2% | $128.7M 16.5% | $175.8M | $136.6M | $145.7M |
| Income Tax Expense | $97.0M 7.2% | $84.9M 6.9% | $49.3M 4.4% | $76.2M 6.4% | $33.3M 3.9% | $36.5M 4.4% | $18.4M 2.4% | -$42.2M | $18.3M | $23.5M |
| Net Income | $335.6M 24.8% | $289.8M 23.6% | $264.7M 23.8% | $274.9M 22.9% | $117.9M 13.8% | $163.0M 19.6% | $123.9M 15.8% | $231.0M | $132.1M | $131.7M |
| Per Share | ||||||||||
| EPS (Basic) | $3.35 | $2.94 | $2.73 | $2.86 | $1.23 | $1.72 | $1.39 | $2.63 | $1.53 | $1.53 |
| EPS (Diluted) | $3.33 | $2.92 | $2.71 | $2.85 | $1.22 | $1.71 | $1.38 | $2.62 | $1.52 | $1.52 |
| Weighted Avg Shares (Basic) | 100.2M | 98.6M | 97.0M | 96.1M | 96.2M | 94.8M | 89.2M | 87.7M | 86.3M | 85.9M |
| Weighted Avg Shares (Diluted) | 100.8M | 99.3M | 97.6M | 96.5M | 96.6M | 95.1M | 89.6M | 88.3M | 87.1M | 86.7M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Ranked against 95 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GEV | $235.8B | 49.5× | 117.7× | 6.2× | 9.0% | 19.8% | 12.8% | 43.7% | 43.4% | 0.0× | 2,989 |
| NEE | $170.0B | 24.7× | — | 6.6× | 9.8% | — | 26.5% | 12.5% | 4.6% | — | 2,911 |
| SO | $96.0B | 22.2× | — | 3.3× | 10.6% | — | 14.7% | 12.1% | 11.8% | — | 2,268 |
| DUK | $92.6B | 18.9× | 10.7× | 2.9× | 5.6% | — | 15.7% | 9.6% | 3.7% | 5.1× | 2,360 |
| CEG | $82.5B | 35.8× | 21.7× | 3.2× | 8.3% | — | 9.1% | 16.0% | 9.9% | 2.2× | 1,836 |
| AEP | $66.1B | 18.4× | 12.9× | 3.0× | 10.9% | — | 16.9% | 11.9% | 4.8% | 5.3× | 1,854 |
| D | $56.7B | 18.7× | — | 3.4× | 14.2% | — | 18.2% | 10.3% | 3.8% | — | 1,421 |
| SRE | $54.2B | 30.2× | — | 4.0× | 3.9% | — | 13.4% | 5.8% | 5.1% | — | 1,217 |
| VST | $47.6B | 64.6× | 16.9× | 2.7× | 3.0% | — | 5.3% | 18.5% | 3.9% | 4.8× | 1,246 |
| XEL | $46.2B | 21.7× | — | — | — | — | — | 8.5% | 3.5% | — | 1,208 |
| ETR | $45.8B | 26.5× | 13.2× | 3.5× | 9.0% | — | 13.7% | 10.5% | 3.9% | 5.2× | 1,224 |
| EXC | $43.7B | — | 11.1× | 1.8× | 5.3% | — | 11.4% | 9.6% | 3.6% | 5.9× | 1,230 |
| ED | $38.2B | 18.8× | — | 2.3× | 10.9% | — | 12.0% | 8.4% | 4.0% | — | 1,368 |
| PEG | $35.3B | 16.8× | — | 2.9× | 18.3% | — | 17.3% | 12.4% | 5.3% | — | 1,231 |
| WEC | $34.2B | 21.9× | 14.7× | 3.5× | 14.0% | 66.7% | 15.9% | 11.1% | 4.5% | 5.5× | 1,310 |
| AEE | $28.7B | 19.4× | — | 3.3× | 15.4% | — | 16.6% | 10.9% | 4.5% | — | 884 |
| AWK | $27.1B | 24.4× | 10.3× | 5.3× | 10.1% | — | 21.7% | 10.3% | 8.9% | 0.6× | 1,100 |
| FE | $26.5B | 26.0× | 6.9× | 1.8× | 12.0% | — | 6.8% | 8.2% | 7.9% | 0.1× | 894 |
| ATO | $26.5B | 22.0× | 11.4× | 5.6× | 12.9% | — | 25.5% | 8.8% | 8.8% | — | 961 |
| ES | $25.7B | 15.0× | 10.0× | 1.9× | 13.8% | — | 12.5% | 10.5% | 3.8% | 5.2× | 1,012 |
| PPL | $25.4B | 21.3× | 12.4× | 2.8× | 6.9% | — | 13.1% | 7.9% | 3.5% | 5.4× | 947 |
| CNP | $25.2B | 24.2× | 12.7× | 2.7× | 8.3% | 100.0% | 11.2% | 9.4% | 3.3% | 5.8× | 774 |
| EIX | $21.6B | 4.9× | 5.8× | 1.1× | 9.8% | — | 23.1% | 25.4% | 8.0% | 3.7× | 1,005 |
| NRG | $20.7B | 27.1× | 10.0× | 0.7× | 9.2% | — | 2.8% | 51.4% | 4.8% | 5.1× | 1,010 |
| CMS | $20.5B | 18.9× | 12.8× | 2.4× | 13.6% | — | 12.5% | 11.7% | 3.8% | 6.2× | 762 |
| NJR | $5.3B | 15.9× | 7.9× | 4.0× | 9.9% | — | 24.8% | 14.0% | 13.0% | 0.3× | 412 |
Peers = companies sharing NJR's sector (Utilities) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.