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Middlesex Water (MSEX) Cash Flow Waterfall

Trace Middlesex Water's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$60.55M

Capex

−$45.35M

Free Cash Flow

$15.19M

FCF Margin

+25.1%

Cash flow waterfall for Middlesex Water (MSEX) — TTM through Q1 2026

Free cash flow: $15.19M

Note: Other Investing is large — driven mainly by purchases or sales of investments.

Cash flow breakdown for Middlesex Water (MSEX) — TTM through Q1 2026

  • Operating Cash Flow$60.55M
  • Capital Expenditure−$45.35M
  • Free Cash Flow$15.19M
  • Acquisitions−$4.61M
  • Other Investing−$52.73M
  • Dividends Paid−$25.57M
  • Net Debt Change$33.31M
  • Other Financing & FX$35.47M
  • Net Cash Increase$1.06M
Want to see what drove the FCF change?Free Cash Flow Bridge

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