Middlesex Water Company (MSEX)
NASDAQ: MSEX · Real-Time Price · USD
58.52
-0.29 (-0.50%)
Aug 19, 2026, 11:30 AM EDT - Market open
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 | Jun '26 Jun 30, 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 |
| 206.14 | 194.69 | 191.88 | 166.27 | 162.43 | 143.14 | |
Revenue Growth | 5.27% | 1.47% | 15.40% | 2.36% | 13.48% | 1.09% |
Operations & Maintenance | 95.53 | 91.29 | 92.36 | 83.11 | 79.1 | 73.67 |
Depreciation & Amortization | 27.68 | 27.11 | 24.43 | 25.19 | 23.03 | 21.11 |
Other Operating Expenses | 18.05 | 17.25 | 16.82 | 16.14 | 13.66 | 13.12 |
Total Operating Expenses | 141.26 | 135.65 | 133.61 | 124.45 | 115.79 | 107.9 |
Operating Income | 64.89 | 59.05 | 58.27 | 41.83 | 46.65 | 35.24 |
Interest Expense | -15.19 | -14.3 | -14.02 | -13.14 | -9.37 | -8.11 |
Net Interest Expense | -15.19 | -14.3 | -14.02 | -13.14 | -9.37 | -8.11 |
Allowance for Equity Funds for Construction | 2.17 | 1.62 | 1.25 | 2.43 | 2.31 | 2.65 |
Other Non-Operating Income (Expenses) | 1.4 | 1.28 | 5.76 | 1.45 | 0.84 | 1.28 |
EBT Excluding Unusual Items | 53.27 | 47.64 | 51.26 | 32.57 | 40.44 | 31.06 |
Gain (Loss) on Sale of Assets | - | - | - | - | 5.23 | - |
Pretax Income | 53.27 | 47.64 | 51.26 | 32.57 | 45.67 | 31.06 |
Income Tax Expense | 5.32 | 4.82 | 6.91 | 1.04 | 3.24 | -5.49 |
Net Income | 47.94 | 42.82 | 44.35 | 31.52 | 42.43 | 36.54 |
Preferred Dividends & Other Adjustments | 0.07 | 0.08 | 0.11 | 0.12 | 0.12 | 0.12 |
Net Income to Common | 47.87 | 42.75 | 44.24 | 31.4 | 42.31 | 36.42 |
Net Income Growth | 10.59% | -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 | 2.96% | 1.06% | 0.56% | 0.76% | 0.60% | 0.19% |
EPS (Basic) | 2.60 | 2.36 | 2.48 | 1.77 | 2.40 | 2.08 |
EPS (Diluted) | 2.59 | 2.36 | 2.47 | 1.76 | 2.39 | 2.07 |
EPS Growth | 7.36% | -4.44% | 39.94% | -26.30% | 15.44% | -5.08% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | -36.09 | -33.76 | -15.89 | -37.4 | -29.97 | -46.35 |
Free Cash Flow Per Share | -1.95 | -1.86 | -0.89 | -2.10 | -1.69 | -2.63 |
Dividend Per Share | 1.420 | 1.380 | 1.315 | 1.262 | 1.183 | 1.108 |
Dividend Growth | 5.58% | 4.94% | 4.16% | 6.77% | 6.72% | 6.44% |
Profit Margin | 23.22% | 21.95% | 23.06% | 18.89% | 26.05% | 25.45% |
Free Cash Flow Margin | -17.51% | -17.34% | -8.28% | -22.49% | -18.45% | -32.38% |
EBITDA | 97.04 | 91.54 | 86.31 | 71.27 | 74.12 | 62.04 |
EBITDA Margin | 47.08% | 47.02% | 44.98% | 42.86% | 45.63% | 43.34% |
D&A For EBITDA | 32.15 | 32.5 | 28.04 | 29.44 | 27.48 | 26.8 |
EBIT | 64.89 | 59.05 | 58.27 | 41.83 | 46.65 | 35.24 |
EBIT Margin | 31.48% | 30.33% | 30.37% | 25.15% | 28.72% | 24.62% |
Effective Tax Rate | 9.99% | 10.12% | 13.47% | 3.20% | 7.09% | - |