NJR vs. NEE
Compare and contrast key facts about New Jersey Resources Corporation (NJR) and NextEra Energy, Inc. (NEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NJR or NEE.
Correlation
The correlation between NJR and NEE is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NJR vs. NEE - Performance Comparison
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Key characteristics
NJR:
0.45
NEE:
-0.10
NJR:
0.76
NEE:
0.11
NJR:
1.10
NEE:
1.01
NJR:
0.40
NEE:
-0.07
NJR:
1.77
NEE:
-0.13
NJR:
4.99%
NEE:
12.27%
NJR:
18.95%
NEE:
28.34%
NJR:
-50.72%
NEE:
-47.81%
NJR:
-10.02%
NEE:
-18.66%
Fundamentals
NJR:
$4.75B
NEE:
$144.74B
NJR:
$4.12
NEE:
$2.67
NJR:
11.48
NEE:
26.33
NJR:
1.86
NEE:
2.66
NJR:
2.29
NEE:
5.73
NJR:
1.92
NEE:
2.91
NJR:
$2.07B
NEE:
$25.27B
NJR:
$831.69M
NEE:
$17.71B
NJR:
$505.58M
NEE:
$10.19B
Returns By Period
In the year-to-date period, NJR achieves a 0.18% return, which is significantly higher than NEE's -1.99% return. Over the past 10 years, NJR has underperformed NEE with an annualized return of 7.52%, while NEE has yielded a comparatively higher 13.48% annualized return.
NJR
0.18%
-3.20%
-0.82%
8.47%
12.55%
7.52%
NEE
-1.99%
5.90%
-6.82%
-2.89%
6.47%
13.48%
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Risk-Adjusted Performance
NJR vs. NEE — Risk-Adjusted Performance Rank
NJR
NEE
NJR vs. NEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for New Jersey Resources Corporation (NJR) and NextEra Energy, Inc. (NEE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
NJR vs. NEE - Dividend Comparison
NJR's dividend yield for the trailing twelve months is around 3.82%, more than NEE's 3.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NJR New Jersey Resources Corporation | 3.82% | 3.73% | 3.63% | 3.03% | 3.39% | 3.63% | 2.71% | 2.47% | 2.62% | 2.79% | 2.82% | 2.84% |
NEE NextEra Energy, Inc. | 3.03% | 2.87% | 3.08% | 2.03% | 1.65% | 1.81% | 2.06% | 2.55% | 2.52% | 2.91% | 2.96% | 2.73% |
Drawdowns
NJR vs. NEE - Drawdown Comparison
The maximum NJR drawdown since its inception was -50.72%, which is greater than NEE's maximum drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for NJR and NEE. For additional features, visit the drawdowns tool.
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Volatility
NJR vs. NEE - Volatility Comparison
The current volatility for New Jersey Resources Corporation (NJR) is 5.18%, while NextEra Energy, Inc. (NEE) has a volatility of 7.88%. This indicates that NJR experiences smaller price fluctuations and is considered to be less risky than NEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
NJR vs. NEE - Financials Comparison
This section allows you to compare key financial metrics between New Jersey Resources Corporation and NextEra Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NJR vs. NEE - Profitability Comparison
NJR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, New Jersey Resources Corporation reported a gross profit of 375.73M and revenue of 913.03M. Therefore, the gross margin over that period was 41.2%.
NEE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported a gross profit of 6.25B and revenue of 6.25B. Therefore, the gross margin over that period was 100.0%.
NJR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, New Jersey Resources Corporation reported an operating income of 279.26M and revenue of 913.03M, resulting in an operating margin of 30.6%.
NEE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported an operating income of 2.26B and revenue of 6.25B, resulting in an operating margin of 36.1%.
NJR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, New Jersey Resources Corporation reported a net income of 204.29M and revenue of 913.03M, resulting in a net margin of 22.4%.
NEE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, NextEra Energy, Inc. reported a net income of 833.00M and revenue of 6.25B, resulting in a net margin of 13.3%.