NJR FY2024 SEC EDGAR DEF 14A

New Jersey Resources Corp CEO pay ratio

The CEO earned $6.4M in FY2024 against median worker pay of $150,102 · Electric, Gas & Sanitary Services.

State
NJ
Filing date
2025-12-10
Industry
Electric, Gas & Sanitary Services
Fiscal year
FY2024

Data updated August 2026

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CEO-to-worker pay ratio
43:1
Below Average (Scale: 0–1000:1)
CEO pay
$6.4M
Median worker
$150,102

Latest filing FY2024. This company's newest DEF 14A on file is for FY2024, not FY2025, so the figures on this page are from that earlier year and are not ranked against the FY2025 industry benchmark. Industry pages mark issuers like this one with a "Latest filing" label.

Answer first

New Jersey Resources Corp reported a 43:1 CEO-to-worker pay ratio in FY2024 - at or below the Electric, Gas & Sanitary Services median of 80:1 across 58 filers.

Figures come from Section 953(b) Dodd-Frank DEF 14A disclosures - not estimates. View all Electric, Gas & Sanitary Services companies.

Pay ratio
43:1
FY2024 disclosed
CEO total
$6.4M
Summary Compensation Table total
Median worker
$150,102
Dodd-Frank median employee

Ratio bands among Electric, Gas & Sanitary Services peers

Exclusive CEO-to-median-worker bands across 51 complete latest-FY filings in SIC 49. Segments sum to the peer set, not this company's compensation pillar.

CEO Compensation Breakdown, FY2024

A component-level pay breakdown is not reported in New Jersey Resources Corp's structured SEC pay-ratio disclosure. See our methodology →

Filing-year trail · New Jersey Resources Corp

Complete DEF 14A pay-ratio filings for this CIK across FY2021–2024. Year-over-year deltas compare adjacent filing years only; incomplete dollar rows are omitted (same completeness gate as the hero figures).

Latest ratio
43:1
FY2024
vs prior FY
-2:1
from FY2023 45:1
CEO $ YoY
-11%
$6.4M latest
Filings shown
4
FY2021–2024
New Jersey Resources Corp CEO total compensation, median worker pay, and pay ratio by fiscal year from SEC EDGAR DEF 14A.
FY CEO pay Δ pay Median worker Pay ratio Δ ratio
2021 $4.6M - $124,004 37:1 -
2022 $5.8M +26% $136,667 42:1 +5:1
2023 $7.2M +24% $160,169 45:1 +3:1
2024 $6.4M -11% $150,102 43:1 -2:1

Source: SEC EDGAR DEF 14A pay-ratio disclosures for CIK 356309, FY2021–2024. Adjacent-year deltas only.

Industry Comparison - Electric, Gas & Sanitary Services

This Company's Ratio
43:1
Industry Median Ratio
80:1
Industry Median CEO Pay
$9.1M
This CEO's Pay
$6.4M
Companies in Industry
58
vs. Industry Median
Below

New Jersey Resources Corp: MODEST · HEAVY pay ratio

New Jersey Resources Corp disclosed 43:1 CEO-to-worker pay and $6.4M CEO total in FY2024. the CEO earned 43× the median employee ($150,102) in FY2024.

Median employee $150,102 (ELITE-MED); MODEST · HEAVY stamps put about 43 median-wage years per CEO year.

CEO Total Pay

$6.4M

FY2024 Summary Compensation, below median

Pay Ratio

43:1

Below typical

What FY2024 shows for New Jersey Resources Corp

New Jersey Resources Corp disclosed 43:1 CEO-to-worker pay and $6.4M CEO total in FY2024. The structured pay-ratio disclosure reports the total without line-item components. Electric, Gas & Sanitary Services (SIC 49) median ratio is 80:1 across 58 FY2025 filers; New Jersey Resources Corp's $6.4M CEO total is at or below the $9.1M industry median CEO pay.

New Jersey Resources Corp stamps MODEST · HEAVY · ELITE-MED; grant-date fair value (not realized pay) is what the DEF 14A reports. Open Electric, Gas & Sanitary Services peers.

Key Data, FY2024

Total Compensation
$6.4M
Median Employee Pay
$150,102
Pay Ratio
43:1
Filing Date
2025-12-10

Company Info

Ticker
NJR
CIK
356309
Industry
Electric, Gas & Sanitary Services
SIC Code
4924
State
NJ
SEC EDGAR DEF 14A for CIK 356309, FY2024. Informational only, not investment advice. Verify on EDGAR.

Read with New Jersey Resources Corp

ABS(ceo_total_comp) peers first, then a SIC pole and a stamp-branched guide - not a fixed Related strip. This page stamps MODEST · HEAVY · ELITE-MED.

Data sourced from SEC EDGAR DEF 14A for New Jersey Resources Corp (CIK 356309), FY2024. See our methodology. Aggregated by PlainCEOPay as of August 2026.

Data currency: Executive compensation from SEC EDGAR DEF 14A proxy statements through fiscal year 2025, compiled and last refreshed August 2026. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.