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National Fuel GAS vs NEW Jersey Resources

National Fuel GAS and NEW Jersey Resources are similar in size: $2.28bn and $2.04bn of revenue in their latest fiscal years. National Fuel GAS grew faster (17.1% against 13.4%). National Fuel GAS kept more of each dollar of sales as profit: a net margin of 22.8% against 16.5%. National Fuel GAS carries less debt relative to equity (92.1% against 150.7%).

Latest fiscal yearNational Fuel GASNFG, 2025NEW Jersey ResourcesNJR, 2025
Revenue $2.28bn $2.04bn
Revenue growth 17.1% 13.4%
Net income $519m $336m
Operating margin 35.7% 25.0%
Net margin 22.8% 16.5%
Return on equity 33.7% 14.6%
Free cash flow $187m $466m
Cash $43.2m $591,000
Total debt $2.85bn $3.60bn
Debt to equity 92.1% 150.7%
Dividend per share $2.10 $1.82
Dividend yield 2.6% 3.4%
Share buybacks $54.4m —
Employees 2,322 1,376
Market value $7.49bn $5.45bn
Price vs our value range Within our value range Within our value range
Moat score 66 (Moderate) 44 (Weak)
Insider trades, 12 months 0 buys, 0 sales 0 buys, 7 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.