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Middlesex Water Company (MSEX)

Middlesex Water Company (MSEX)
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Middlesex Water Company treats, stores and distributes water for residential, commercial, industrial and fire prevention purposes.

Fiscal Year End Date: 12/31

Income Statement

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 194,690 191,880 166,270 162,430 143,140
Sales Growth +1.46% +15.40% +2.36% +13.48% +1.09%
Net Income 42,820 44,350 31,520 42,430 36,540
Net Income Growth -3.45% +40.70% -25.71% +16.12% -4.92%

Balance Sheet

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 1,365,740 1,255,170 1,236,050 1,074,450 1,020,020
Total Assets Growth +8.81% +1.55% +15.04% +5.34% +4.46%
Total Liabilities 870,360 808,280 810,980 672,040 650,210
Total Liabilities Growth +7.68% -0.33% +20.67% +3.36% +3.51%

Cash Flow

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 62,600 58,730 52,780 61,360 33,030
Operating Cash Flow Growth +6.59% +11.27% -13.98% +85.77% -38.10%
Net Cash Flow 250 1,840 -1,440 300 -6,870
Change in Net Cash Flow -86.41% +227.78% -580.00% +104.37% +80.97%
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