New Jersey Resources Corporation (NJR)
New Jersey Resources Corporation Return on Invested Capital: 10.08%
View NJR Return on Invested Capital with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
NJR Return on Invested Capital Rankings
| Overall | 70th percentile | 1234 of 4163 |
| Sector | 97th percentile | 3 of 109 in Utilities |
| Industry | 96th percentile | 1 of 26 in Gas Utilities |
NJR Return on Invested Capital Range, Past 5 Years
| Minimum | 2.30% | Sep 2009 |
| Maximum | 19.98% | Jun 2007 |
| Average | 8.49% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
Learn More
You may also be interested in these NJR related companies
NJR News
May 17, 11:53AM Street Insider
May 15, 2:24PM Street Insider
May 03, 7:00AM Business Wire
Apr 23, 2:10PM Business Wire
Apr 20, 7:47AM Street Insider
Mar 20, 1:08PM Business Wire
Mar 09, 11:54AM Business Wire
about 114 days ago by earningscast
Feb 07, 7:06AM Street Insider
Feb 07, 7:00AM Business Wire
Jan 26, 3:51PM Street Insider
Jan 26, 3:26PM Business Wire
Jan 18, 2:11PM Business Wire
about 153 days ago by tradewithpete
Dec 14, 10:18AM Business Wire
about 196 days ago by DynamicDividend
about 196 days ago by Benzinga
about 350 days ago by mapleleafnj
about 555 days ago by Kvetsh
about 611 days ago by themeatbaron
about 651 days ago by scottgreenstein
about 723 days ago by Contrahour
about 1193 days ago by TradeIdeas1
about 1350 days ago by greenskeptic
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| NJR | 41.80 | -0.82 | -1.92% | 1.768B |
| NGSX | 0.37 | +0.00 | +0.00% | 11.07M |
| NGPC | 6.71 | +0.03 | +0.45% | 144.49M |
| NGLS | 40.45 | -0.92 | -2.22% | 3.764B |
| NGG | 50.55 | -2.94 | -5.50% | 39.03B |
| NGB | 16.30 | +0.00 | +0.00% | |
| NFZ | 14.67 | +0.02 | +0.14% | |
| NFX | 30.56 | -1.58 | -4.92% | 4.346B |
| NFP | 13.19 | -0.12 | -0.90% | 536.26M |
| NFO | 31.54 | -0.56 | -1.73% |