MIDDLESEX WATER CO (MSEX)

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CIK 0000066004 · Nasdaq · Water Supply

  • Sector Transportation & Utilities
  • Incorporated NJ
  • Fiscal year ends Dec 31

In fiscal 2025, MIDDLESEX WATER CO reported revenue of $194.69M, up 1.5% from the prior year. The company was profitable, with a net margin of 22.0%.

Key ratios (FY2025)

27.9%
Operating margin
22.0%
Net margin
8.7%
Return on equity
+1.5%
Revenue growth (YoY)
Metric (FY)2025202420232022202120202019201820172016
Revenue$194.69M$191.88M$166.27M
Operating Income$54.38M$53.21M$39.22M$47.33M$33.21M$37.42M$35.52M$37.14M$37.80M$40.30M
Net Income$42.82M$44.35M$31.52M$42.43M$36.54M$38.42M$33.89M$32.45M$22.81M$22.74M
EPS (Diluted)$2.36$2.47$1.76$2.39$2.07$2.18$2.01$1.96$1.38$1.38
Total Assets$1.37B$1.26B$1.24B$1.07B$1.02B$976.47M$909.88M$767.83M$661.14M$620.16M
Shareholders' Equity$494.03M$445.26M$422.99M$400.33M$367.73M$346.21M
Cash & Equivalents$2.80M$4.23M$2.39M$3.83M$3.53M$4.49M$2.23M$3.71M$4.94M$3.88M
Operating Cash Flow$62.60M$58.73M$52.78M$61.36M$33.03M$53.35M$36.05M$45.86M$42.84M$47.07M
Capital Expenditures$74.62M$90.18M$91.33M$79.38M$105.62M
Shares Outstanding18.14M17.95M17.85M17.71M17.6K17.6K16.83M16.5K16.49M16.43M
Dividends Per Share$1.38$1.31$1.26$1.18$1.11$1.04$0.98$0.91$0.86$0.81