NASDAQ:MSEX
Middlesex Water Co.
Middlesex Water Co.'s revenue grew 1.5% in fiscal 2025 to $194.7M while operating margin rose to 27.9%. The diluted share count rose 1.1%.Summary generated from Middlesex Water Co.'s SEC filings. Latest annual report filed Feb 19, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$194.7M
Revenue growth+1.5%
Revenue, 5-yr CAGR+6.6%
Gross marginn/a
Operating margin27.9%
Net margin22.0%
ROIC5.8%
Return on equity9.1%
Debt / equity0.78
Free cash flown/a
FCF marginn/a
Share count change+1.1%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 143 | 162 | 166 | 192 | 195 |
| Operating income | 33 | 47 | 39 | 53 | 54 |
| Net income | 37 | 42 | 32 | 44 | 43 |
| Free cash flow | −46 | −30 | −37 | −16 | n/a |
Recent filings
- 4Insider transaction report
Aug 12, 2026 - 4Insider transaction report
Aug 7, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 30, 2026 - 8-KResults of operations and financial condition
Jul 30, 2026 - 8-KResults of a shareholder vote
May 20, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
Apr 30, 2026 - 8-KResults of operations and financial condition
Apr 30, 2026 - DEF 14AProxy statement
Apr 6, 2026