MSEX FY 2025 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$979M

FY 2025 Earnings

Utilities Regulated Water

Income Statement

Revenue

$195M+1.5% YoY

Gross Profit

$76M39.2% margin

Operating Income

$54M27.9% margin

Net Income

$43M22.0% margin

EPS (Diluted)

$2.36

Cash Flow

Operating Cash Flow

$63M

Free Cash Flow

-$34M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.4B

Total Liabilities

$872M

Stockholders' Equity

$494M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$195M	$192M	+1.5%
Gross Profit	$76M	$100M	-23.3%
Operating Income	$54M	$53M	+2.2%
Net Income	$43M	$44M	-3.4%