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MSEX FY 2023 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena
MSEX
Middlesex Water Company
$979M
FY 2023 Earnings
Utilities
Regulated Water
Income Statement
Revenue
$166M
+2.4% YoY
Gross Profit
$83M
50.0% margin
Operating Income
$39M
23.6% margin
Net Income
$32M
19.0% margin
EPS (Diluted)
$1.76
Cash Flow
Operating Cash Flow
$53M
Free Cash Flow
-$37M
Stock-Based Comp.
$2M
Balance Sheet
Total Assets
$1.2B
Total Liabilities
$811M
Stockholders' Equity
$425M
Cash & Equivalents
$2M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$166M
$162M
+2.4%
Gross Profit
$83M
$83M
-0.2%
Operating Income
$39M
$47M
-17.1%
Net Income
$32M
$42M
-25.7%
← Q4 2022
All Quarters
Q1 2023 →