NewJersey Resources (NJR) vs ONE Gas (OGS)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
NewJersey Resources (NJR) has outperformed ONE Gas (OGS) over the past year, gaining 9.5% versus a loss of 9.6%. Over five years, NJR leads with a +35.2% price change compared with +7.0% for OGS. NewJersey Resources is the larger company by market cap ($5.17 billion vs $4.57 billion), about 1.1 times the size, while ONE Gas is growing revenue faster (+16.5% vs +9.9%).
On valuation, ONE Gas trades at a lower forward P/E (14.4x vs 14.8x for NewJersey Resources). NewJersey Resources offers the higher dividend yield (3.73% vs 3.72%). NewJersey Resources converts more of its revenue into profit, with a net margin of 24.8% versus 10.9%.
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 | OGS |
|---|---|---|
| Share price | $50.96 | $72.65 |
| Market cap | $5.17B | $4.57B |
| 1-day change | -1.14% | -0.68% |
| YTD return | +10.49% | -5.95% |
| 1-year return | +9.47% | -9.61% |
| 5-year return | +35.17% | +7.03% |
| P/E ratio (TTM) | 14.27 | 15.73 |
| Forward P/E | 14.78 | 14.40 |
| EPS (TTM) | $3.57 | $4.62 |
| Dividend yield | 3.73% | 3.72% |
| Annual dividend | $1.90 | $2.70 |
| Revenue (latest FY) | $1.35B | $2.43B |
| Revenue growth (YoY) | +9.87% | +16.50% |
| Net income (latest FY) | $335.63M | $264.22M |
| Gross margin | — | 58.85% |
| Operating margin | 37.66% | 18.85% |
| Net margin | 24.84% | 10.88% |
| 52-week high | $60.86 | $90.78 |
| 52-week low | $43.46 | $70.37 |
| Distance from 52-week high | -16.27% | -19.97% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +17.46% | +22.12% |
| Average volume | 662.13K | 543.01K |
| Shares outstanding | 101.47M | 62.86M |
| Employees | 1,300 | 4,000 |
| 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
- NJR has outperformed OGS by 19.1 percentage points over the past year.
- NewJersey Resources is more profitable, keeping 24.8 cents of every revenue dollar as net income versus 10.9 cents for ONE Gas.
- ONE Gas grew revenue faster in its latest fiscal year (+16.50% vs +9.87%).
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 ONE Gas
OGS stock →ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the United States. The company offers natural gas distribution services.
Utilities · Oil/Gas Transmission · 4,000 employees
NJR vs OGS FAQ
Which is bigger, NewJersey Resources or ONE Gas?
NewJersey Resources (NJR) is larger, with a market capitalization of $5.17B compared with $4.57B for ONE Gas (OGS).
Which stock has performed better over the past year, NJR or OGS?
NJR returned +9.47% over the past 12 months, compared with -9.61% for OGS (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NJR or OGS?
NJR has the lower trailing P/E at 14.3, versus 15.7 for OGS. 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 ONE Gas?
NewJersey Resources has the higher yield at 3.73%, compared with 3.72% for ONE Gas.
Are NewJersey Resources and ONE Gas in the same industry?
Yes. Both are classified in the Oil/Gas Transmission industry within the Utilities sector.