MSEX FY 2021 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$979M

FY 2021 Earnings

Utilities Regulated Water

Income Statement

Revenue

$143M+1.1% YoY

Gross Profit

$69M48.5% margin

Operating Income

$33M23.2% margin

Net Income

$37M25.5% margin

EPS (Diluted)

$2.07

Cash Flow

Operating Cash Flow

$33M

Free Cash Flow

-$46M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$650M

Stockholders' Equity

$370M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$143M	$142M	+1.1%
Gross Profit	$69M	$71M	-1.9%
Operating Income	$33M	$37M	-11.2%
Net Income	$37M	$38M	-4.9%