NJR vs. TRN
NJR (New Jersey Resources Corporation) and TRN (Trinity Industries, Inc.) are both stocks. NJR operates in Utilities - Regulated Gas (Utilities), while TRN operates in Railroads (Industrials). Over the past 10 years, NJR returned 7.84%/yr vs 13.69%/yr for TRN. At a 0.27 correlation, their price movements are largely independent.
Performance
NJR vs. TRN - Performance Comparison
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Returns By Period
In the year-to-date period, NJR achieves a 24.03% return, which is significantly lower than TRN's 35.35% return. Over the past 10 years, NJR has underperformed TRN with an annualized return of 7.84%, while TRN has yielded a comparatively higher 13.69% annualized return.
NJR
- 1D
- 2.55%
- 1M
- -0.99%
- YTD
- 24.03%
- 6M
- 23.86%
- 1Y
- 28.95%
- 3Y*
- 11.11%
- 5Y*
- 10.27%
- 10Y*
- 7.84%
TRN
- 1D
- -0.17%
- 1M
- 7.18%
- YTD
- 35.35%
- 6M
- 28.08%
- 1Y
- 39.85%
- 3Y*
- 19.03%
- 5Y*
- 9.14%
- 10Y*
- 13.69%
NJR vs. TRN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NJR New Jersey Resources Corporation | 24.03% | 2.91% | 8.72% | -6.94% | 24.93% | 19.60% | -16.86% | 0.13% | 16.57% | 16.18% |
TRN Trinity Industries, Inc. | 35.35% | -21.48% | 37.18% | -6.24% | 1.48% | 17.93% | 23.82% | 11.09% | -22.50% | 37.18% |
Correlation
The correlation between NJR and TRN is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1987 | 0.27 |
The correlation between NJR and TRN shifts across timeframes, from 0.17 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NJR:
$5.70B
TRN:
$2.87B
NJR:
$3.38
TRN:
$3.13
NJR:
16.63
TRN:
11.21
NJR:
0.44
TRN:
0.14
NJR:
2.57
TRN:
1.40
NJR:
$2.21B
TRN:
$2.06B
NJR:
$613.25M
TRN:
$559.40M
NJR:
$743.74M
TRN:
$879.00M
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Return for Risk
NJR vs. TRN — Risk / Return Rank
NJR
TRN
NJR vs. TRN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for New Jersey Resources Corporation (NJR) and Trinity Industries, Inc. (TRN). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NJR | TRN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.23 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | 2.12 | +1.23 |
| Martin ratioReturn relative to average drawdown | 8.90 | 5.86 | +3.04 |
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Drawdowns
NJR vs. TRN - Drawdown Comparison
The maximum NJR drawdown since its inception was -50.72%, smaller than the maximum TRN drawdown of -86.22%. Use the drawdown chart below to compare losses from any high point for NJR and TRN.
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Drawdown Indicators
| NJR | TRN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.72% | -86.22% | +35.50% |
Max Drawdown (1Y)Largest decline over 1 year | -8.68% | -18.86% | +10.18% |
Max Drawdown (3Y)Largest decline over 3 years | -16.20% | -39.58% | +23.38% |
Max Drawdown (5Y)Largest decline over 5 years | -27.79% | -39.58% | +11.79% |
Max Drawdown (10Y)Largest decline over 10 years | -50.72% | -45.21% | -5.51% |
Current DrawdownCurrent decline from peak | -2.56% | -6.20% | +3.64% |
Average DrawdownAverage peak-to-trough decline | -7.54% | -31.66% | +24.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 6.82% | -3.56% |
Volatility
NJR vs. TRN - Volatility Comparison
The current volatility for New Jersey Resources Corporation (NJR) is 6.41%, while Trinity Industries, Inc. (TRN) has a volatility of 7.79%. This indicates that NJR experiences smaller price fluctuations and is considered to be less risky than TRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NJR | TRN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 7.79% | -1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 12.57% | 26.95% | -14.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.32% | 34.03% | -16.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.74% | 35.42% | -14.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.08% | 36.71% | -8.63% |
Dividends
NJR vs. TRN - Dividend Comparison
NJR's dividend yield for the trailing twelve months is around 3.38%, less than TRN's 3.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NJR New Jersey Resources Corporation | 3.38% | 4.01% | 3.73% | 3.63% | 3.03% | 3.39% | 3.63% | 2.71% | 2.47% | 2.62% | 2.79% | 2.82% |
TRN Trinity Industries, Inc. | 3.48% | 4.54% | 3.19% | 3.91% | 3.11% | 2.78% | 2.88% | 2.89% | 1.82% | 1.28% | 1.59% | 1.75% |
Financials
NJR vs. TRN - Financials Comparison
This section allows you to compare key financial metrics between New Jersey Resources Corporation and Trinity Industries, 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. TRN - Profitability Comparison
NJR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, New Jersey Resources Corporation reported a gross profit of 301.03M and revenue of 939.40M. Therefore, the gross margin over that period was 32.0%.
TRN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Trinity Industries, Inc. reported a gross profit of 128.90M and revenue of 492.00M. Therefore, the gross margin over that period was 26.2%.
NJR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, New Jersey Resources Corporation reported an operating income of 301.03M and revenue of 939.40M, resulting in an operating margin of 32.0%.
TRN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Trinity Industries, Inc. reported an operating income of 101.10M and revenue of 492.00M, resulting in an operating margin of 20.6%.
NJR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, New Jersey Resources Corporation reported a net income of 218.91M and revenue of 939.40M, resulting in a net margin of 23.3%.
TRN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Trinity Industries, Inc. reported a net income of 26.60M and revenue of 492.00M, resulting in a net margin of 5.4%.
Frequently Asked Questions
NJR and TRN have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRN has higher volatility (7.79%) compared to NJR (6.41%). In terms of maximum drawdown, NJR dropped -50.72% vs TRN's -86.22%.
NJR currently has the higher Sharpe Ratio (1.69 vs 1.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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