MSEX Q4 2024 Earnings — Middlesex Water Company Revenue & Financial Results | Market Cap Arena

MSEXMiddlesex Water Company

$979M

Q4 2024 Earnings

Utilities Regulated Water

Income Statement

Revenue

$47M+22.0% YoY

Gross Profit

$22M47.5% margin

Operating Income

$11M22.4% margin

Net Income

$9M18.7% margin

EPS (Diluted)

$-1.98

QoQ Revenue Growth

-14.5%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

-$4M

Stock-Based Comp.

$310,000

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$808M

Stockholders' Equity

$447M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$47M	$39M	+22.0%
Gross Profit	$22M	$20M	+14.7%
Operating Income	$11M	$8M	+27.7%
Net Income	$9M	$6M	+52.7%