Middlesex Water (MSEX)

NASDAQ: MSEX · Real-Time Price · USD

62.83

1.38 (2.25%)

At close: Apr 29, 2025, 3:59 PM

62.83

0.00%

After-hours: Apr 29, 2025, 04:20 PM EDT

Middlesex Water Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	191.88M	183.37M	174.99M	168.64M	166.27M	166.5M	167.51M	164.39M	162.43M	157.64M	149.78M	146.8M	143.14M	143.74M	143.79M	142.37M	141.59M	139.7M	137.55M	135.67M	134.6M	135.13M	136.07M	137.6M	138.08M	136.26M	133.73M	131.82M	130.78M	131.13M	132.75M	132.46M	132.91M	132.02M	128.88M	127.82M
Cost of Revenue	104.06M	105.07M	102.29M	95.36M	89.76M	84.13M	81.86M	80.22M	79.1M	77.41M	76.05M	74.45M	73.67M	73.3M	72.3M	71.96M	70.8M	70.17M	69.89M	69.05M	67.98M	69.37M	69.81M	69.86M	71.57M	68.88M	66.94M	66.77M	64.67M	65.88M	66.3M	65.44M	65.54M	64.3M	64.47M	64.91M
Gross Profit	87.81M	78.3M	72.7M	73.28M	76.51M	82.36M	85.65M	84.18M	83.34M	80.22M	73.73M	72.34M	69.47M	70.44M	71.49M	70.41M	70.8M	69.53M	67.66M	66.62M	66.62M	65.76M	66.26M	67.74M	66.51M	67.39M	66.78M	65.05M	66.11M	65.24M	66.44M	67.02M	67.37M	67.73M	64.41M	62.91M
Operating Income	53.21M	50.92M	46.24M	41.6M	39.22M	39.13M	42.88M	42.3M	43.86M	42.05M	36.9M	36.62M	33.21M	35.2M	36.96M	36.53M	37.42M	36.65M	35.45M	35.02M	35.52M	35.11M	36.05M	37.82M	37.14M	38.46M	38.35M	37.19M	38.62M	37.99M	39.34M	40.11M	40.63M	41.25M	38.55M	37.46M
Interest Income	354K	354K	n/a	3.25M	5.85M	8.64M	10.99M	8.29M	6.07M	3.28M	1.27M	721K	1.61M	2.75M	3.36M	3.36M	3.22M	2.08M	1.99M	2.64M	2.03M	2.03M	1.16M	729K	381K	381K	555K	521K	354K	354K	387K	207K	207K	207K	n/a	n/a
Pretax Income	51.26M	47.61M	42.29M	37.92M	32.57M	34.22M	39.74M	39.84M	45.67M	43.76M	37.91M	37.55M	31.05M	32.35M	34.61M	33.87M	34.31M	33.48M	31.67M	30.83M	30.75M	31.1M	32.27M	33.99M	33.38M	34.33M	33.83M	32.69M	33.91M	31.42M	33.23M	33.96M	34.48M	36.63M	33.47M	32.31M
Net Income	44.35M	41.31M	36.98M	36.34M	31.52M	32.93M	37.23M	36.2M	42.43M	42.5M	39.68M	41.74M	36.54M	37.61M	38.87M	37.66M	38.42M	38.19M	36.57M	35M	33.89M	32.81M	33.98M	34.51M	32.45M	30.8M	26.16M	22.86M	22.81M	20.68M	21.86M	22.39M	22.74M	24.08M	22.01M	21.18M
Selling & General & Admin	2.53M	3.83M	4.49M	3.87M	3.26M	3.09M	3.58M	4.06M	4.55M	3.92M	3.29M	2.66M	2.03M	1.57M	1.14M	707K	277K	531K	755K	979K	1.2M	1.36M	1.1M	958K	813K	525K	481K	325K	169K	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	13.61M	-2.9M	-14.2M	-7.21M	8M	22.46M	31.74M	39.94M	38.92M	30.09M	20.62M	11.92M	3.3M	1.51M	1.21M	752K	362K	651K	203K	-211K	-653K	212K	625K	1.28M	1.63M	1.3M	935K	389K	93K	-1.86M	-1.5M	-1.51M	-1.48M	254K	-38K	-31K
Operating Expenses	34.6M	27.38M	26.45M	31.68M	37.29M	42.48M	41.38M	39.94M	38.92M	38.38M	37.31M	35.98M	33.88M	31.72M	30.4M	30.52M	30.16M	30.81M	30.21M	28.96M	29.07M	28.62M	28.63M	28.77M	28.56M	28.12M	27.88M	27.34M	27.01M	26.78M	26.59M	26.46M	26.35M	26.09M	25.57M	25.18M
Interest Expense	13.56M	14.61M	14.22M	12.58M	11.91M	10.81M	10.14M	10.11M	9.37M	8.5M	8.25M	7.95M	7.83M	7.88M	7.69M	6.77M	6.7M	5.89M	5.98M	6.62M	6.15M	6.26M	5.98M	6.26M	6.2M	6.24M	6.01M	5.41M	5.28M	5.18M	5.12M	5.09M	5.06M	5.25M	5.33M	5.39M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	138.67M	132.45M	128.74M	127.04M	127.05M	126.61M	123.24M	120.16M	118.02M	115.79M	113.37M	110.44M	107.56M	105.02M	102.7M	102.48M	100.95M	100.98M	100.11M	98.01M	97.05M	97.98M	98.44M	98.63M	100.13M	97M	94.82M	94.11M	91.68M	92.66M	92.9M	91.9M	91.89M	90.39M	90.04M	90.09M
Income Tax Expense	6.91M	6.3M	5.31M	1.58M	1.04M	1.29M	2.51M	3.65M	3.24M	1.26M	-1.77M	-4.19M	-5.49M	-5.26M	-4.27M	-3.79M	-4.12M	-4.7M	-4.9M	-4.18M	-3.14M	-1.71M	-1.71M	-524K	924K	3.52M	7.67M	9.82M	11.1M	10.74M	11.37M	11.57M	11.73M	12.55M	11.46M	11.13M
Shares Outstanding (Basic)	17.83M	17.83M	17.83M	17.82M	17.82M	17.76M	17.71M	17.65M	17.64M	17.63M	17.58M	17.54M	17.16M	17.49M	17.49M	17.48M	17.47M	17.47M	17.46M	17.44M	17.18M	16.61M	16.52M	16.43M	16.18M	16.39M	16.39M	16.35M	16.09M	16.34M	16.33M	16.3M	15.92M	16.28M	16.27M	16.23M
Shares Outstanding (Diluted)	17.95M	17.95M	17.94M	17.93M	17.82M	17.87M	17.83M	17.77M	17.64M	17.74M	17.7M	17.65M	17.58M	17.61M	17.6M	17.59M	17.47M	17.58M	17.58M	17.55M	17.48M	16.76M	16.68M	16.58M	16.18M	16.55M	16.54M	16.51M	16.59M	16.5M	16.49M	16.45M	16.76M	16.44M	16.43M	16.39M
EPS (Basic)	n/a	2.31	2.07	2.04	1.77	1.85	2.10	2.04	2.40	2.42	2.26	2.38	2.08	2.14	2.22	2.15	2.20	2.18	2.12	2.06	2.02	1.99	2.07	2.11	1.98	1.88	1.60	1.40	1.40	1.27	1.34	1.37	1.39	1.48	1.35	1.30
EPS (Diluted)	n/a	2.30	2.06	2.02	1.76	1.84	2.09	2.04	2.40	2.41	2.25	2.37	2.07	2.14	2.21	2.14	2.19	2.17	2.11	2.05	2.00	1.97	2.05	2.08	1.96	1.85	1.57	1.38	1.38	1.25	1.33	1.36	1.38	1.47	1.34	1.29
EBITDA	88.75M	85.03M	79.37M	73.04M	72.33M	73.55M	76.96M	76.1M	74.95M	73.89M	65.73M	67.37M	64.55M	61.78M	64.04M	59.26M	58.54M	56.55M	54.09M	52.34M	51.55M	51.26M	52.88M	54.86M	54.22M	55.48M	54.59M	52.53M	53.23M	51.96M	52.55M	53.49M	54.16M	54.4M	51.76M	50.65M
EBIT	60.36M	57.39M	52.03M	45.38M	43.45M	44.39M	48.62M	48.78M	53.48M	50.71M	46.38M	46.27M	38.78M	38.98M	38.93M	37.28M	37.78M	35.27M	33.63M	32.78M	32.84M	35.33M	37.1M	39.52M	39.2M	40.19M	39.28M	37.58M	38.71M	36.13M	37.84M	38.6M	39.15M	41.5M	38.51M	37.43M
Depreciation & Amortization	28.04M	27.57M	27.91M	28.22M	29.44M	29.45M	28.62M	27.85M	27.48M	29.68M	27.3M	28.79M	28.26M	23.96M	24.9M	21.46M	20.27M	19.33M	18.44M	18.08M	17.16M	16.76M	16.3M	16.06M	15.64M	15.38M	15.22M	14.68M	14.32M	13.91M	13.37M	13.34M	13.29M	13.14M	13.2M	13.18M