Middlesex Water Company (MSEX)
NASDAQ: MSEX · Real-Time Price · USD
52.53
+0.35 (0.67%)
May 29, 2026, 4:00 PM EDT - Market closed
Middlesex Water Company Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 199.11 | 194.69 | 191.88 | 166.27 | 162.43 | 143.14 | |
Revenue Growth (YoY) | 1.76% | 1.47% | 15.40% | 2.36% | 13.48% | 1.09% |
Operations and Maintenance Expenses | 93.19 | 91.29 | 92.36 | 83.11 | 79.1 | 73.67 |
Gross Profit | 105.91 | 103.4 | 99.51 | 83.16 | 83.34 | 69.47 |
Depreciation & Amortization Expenses | 27.62 | 27.11 | 24.43 | 25.19 | 23.03 | 21.11 |
Taxes Other than Income Tax | 22.37 | 21.91 | 21.87 | 18.74 | 18.21 | 15.15 |
Net Gains on Disposal of Operating Assets | - | - | - | - | 5.23 | - |
Operating Income | 55.92 | 54.38 | 53.21 | 39.22 | 47.33 | 33.21 |
Interest Income | 1.88 | 1.62 | 1.25 | 2.43 | 2.31 | 2.65 |
Interest Expense | -14.8 | -14.3 | -14.02 | -13.14 | -9.37 | -8.11 |
Other Non-Operating Income (Expense) | 5.89 | 5.94 | 10.82 | 4.05 | 5.39 | 3.31 |
Total Non-Operating Income (Expense) | -7.03 | -6.73 | -1.95 | -6.66 | -1.66 | -2.16 |
Pretax Income | 48.89 | 47.64 | 51.26 | 32.57 | 45.67 | 31.06 |
Provision for Income Taxes | 4.95 | 4.82 | 6.91 | 1.04 | 3.24 | -5.49 |
Net Income | 43.87 | 42.75 | 44.24 | 31.4 | 42.31 | 36.42 |
Net Income Attributable to Preferred Dividends | 0.07 | 0.08 | 0.11 | 0.12 | 0.12 | 0.12 |
Net Income to Common | 43.87 | 42.75 | 44.24 | 31.4 | 42.31 | 36.42 |
Net Income Growth | 1.93% | -3.38% | 40.87% | -25.77% | 16.16% | -4.91% |
Shares Outstanding (Basic) | 18 | 18 | 18 | 18 | 18 | 17 |
Shares Outstanding (Diluted) | 18 | 18 | 18 | 18 | 18 | 18 |
Shares Change (YoY) | 1.89% | 1.06% | 0.56% | 0.76% | 0.60% | 0.19% |
EPS (Basic) | 2.40 | 2.36 | 2.48 | 1.77 | 2.40 | 2.08 |
EPS (Diluted) | 2.40 | 2.36 | 2.47 | 1.76 | 2.39 | 2.07 |
EPS Growth | -0.41% | -4.45% | 40.34% | -26.36% | 15.46% | -5.05% |
Shares Outstanding | 18.58 | 18.52 | 17.89 | 17.82 | 17.64 | 17.52 |
Free Cash Flow | -37.54 | -33.76 | -15.89 | -37.4 | -29.97 | -46.35 |
Free Cash Flow Per Share | -2.05 | -1.86 | -0.89 | -2.10 | -1.69 | -2.63 |
Dividends Per Share | 1.400 | 1.380 | 1.315 | 1.262 | 1.183 | 1.108 |
Dividend Growth | 1.45% | 4.94% | 4.16% | 6.77% | 6.72% | 6.44% |
Gross Margin | 53.19% | 53.11% | 51.86% | 50.01% | 51.31% | 48.53% |
Operating Margin | 28.09% | 27.93% | 27.73% | 23.59% | 29.14% | 23.20% |
Profit Margin | 22.07% | 21.99% | 23.11% | 18.96% | 26.12% | 25.53% |
FCF Margin | -18.85% | -17.34% | -8.28% | -22.49% | -18.45% | -32.38% |
EBITDA | 88.69 | 86.87 | 81.25 | 68.67 | 74.81 | 60.01 |
EBITDA Margin | 44.54% | 44.62% | 42.34% | 41.30% | 46.05% | 41.92% |
EBIT | 55.92 | 54.38 | 53.21 | 39.22 | 47.33 | 33.21 |
EBIT Margin | 28.09% | 27.93% | 27.73% | 23.59% | 29.14% | 23.20% |
Effective Tax Rate | 10.11% | 10.12% | 13.47% | 3.20% | 7.09% | -17.67% |