NewJersey Resources (NJR) vs Northwest Natural (NWN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
NewJersey Resources (NJR) has outperformed Northwest Natural (NWN) over the past year, gaining 11.3% versus a gain of 9.3%. Over five years, NJR leads with a +35.8% price change compared with +0.7% for NWN. NewJersey Resources is the larger company by market cap ($5.20 billion vs $2.01 billion), about 2.6 times the size, while Northwest Natural is growing revenue faster (+11.8% vs +9.9%).
On valuation, Northwest Natural trades at a lower forward P/E (14.8x vs 14.9x for NewJersey Resources). Northwest Natural offers the higher dividend yield (4.12% vs 3.71%). NewJersey Resources converts more of its revenue into profit, with a net margin of 24.8% versus 8.8%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NJR | NWN |
|---|---|---|
| Share price | $51.21 | $47.73 |
| Market cap | $5.20B | $2.01B |
| 1-day change | +0.39% | -0.15% |
| YTD return | +11.04% | +2.12% |
| 1-year return | +11.30% | +9.27% |
| 5-year return | +35.84% | +0.70% |
| P/E ratio (TTM) | 14.19 | 15.86 |
| Forward P/E | 14.85 | 14.77 |
| EPS (TTM) | $3.61 | $3.01 |
| Dividend yield | 3.71% | 4.12% |
| Annual dividend | $1.90 | $1.97 |
| Revenue (latest FY) | $1.35B | $1.29B |
| Revenue growth (YoY) | +9.87% | +11.83% |
| Net income (latest FY) | $335.63M | $113.32M |
| Operating margin | 37.66% | 21.79% |
| Net margin | 24.84% | 8.79% |
| 52-week high | $60.86 | $55.99 |
| 52-week low | $43.46 | $43.78 |
| Distance from 52-week high | -15.86% | -14.75% |
| Analyst consensus | buy | none |
| Avg. price target upside | +16.89% | +20.26% |
| Average volume | 667.48K | 238.80K |
| Shares outstanding | 101.47M | 42.09M |
| Employees | 1,300 | 1,619 |
| Sector | Utilities | Utilities |
| Industry | Oil/Gas Transmission | Oil/Gas Transmission |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- NewJersey Resources is about 2.6 times larger than Northwest Natural by market value ($5.20B vs $2.01B).
- NewJersey Resources is more profitable, keeping 24.8 cents of every revenue dollar as net income versus 8.8 cents for Northwest Natural.
About NewJersey Resources
NJR stock →New Jersey Resources Corporation, an energy services holding company, distributes natural gas. The company operates through four segments: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation.
Utilities · Oil/Gas Transmission · 1,300 employees
About Northwest Natural
NWN stock →Northwest Natural Holding Company, through its subsidiary, Northwest Natural Gas Company, provides regulated natural gas distribution services to residential, commercial, and industrial customers in the United States. It operates through three segments: NWN Gas Utility, SiEnergy, and NWN Water.
Utilities · Oil/Gas Transmission · 1,619 employees
NJR vs NWN FAQ
Which is bigger, NewJersey Resources or Northwest Natural?
NewJersey Resources (NJR) is larger, with a market capitalization of $5.20B compared with $2.01B for Northwest Natural (NWN).
Which stock has performed better over the past year, NJR or NWN?
NJR returned +11.30% over the past 12 months, compared with +9.27% for NWN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NJR or NWN?
NJR has the lower trailing P/E at 14.2, versus 15.9 for NWN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, NewJersey Resources or Northwest Natural?
Northwest Natural has the higher yield at 4.12%, compared with 3.71% for NewJersey Resources.
Are NewJersey Resources and Northwest Natural in the same industry?
Yes. Both are classified in the Oil/Gas Transmission industry within the Utilities sector.