• NewJersey Resources average return on equity for 2023 was 13.88, a 13.12% decline from 2022.
• NewJersey Resources average return on equity for 2022 was 12.27, a 27.68% increase from 2021.
• NewJersey Resources average return on equity for 2021 was 9.61, a 23.05% increase from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.