Latest period
$83.17M
YoY change
+29.1%
5Y CAGR
-1.8%
Peak year (2020)
$105.62M
Cumulative CapEx
$1.26B
CapEx history chart for Middlesex Water (MSEX) from 1994 to 2025
Latest: $96.35M
CapEx growth chart for Middlesex Water (MSEX) from 1994 to 2025
Latest: +29.1%
CapEx history table for Middlesex Water (MSEX) from 1994 to 2025
| 2025 | $96.35M | +29.1% | +$21.73M | ||
| 2024 | $74.62M | -17.3% | −$15.56M | ||
| 2023 | $90.18M | -1.3% | −$1.16M | ||
| 2022 | $91.33M | +15.1% | +$11.96M | ||
| 2021 | $79.38M | -24.8% | −$26.24M | ||
| 2020 | $105.62M | +18.5% | +$16.49M | ||
| 2019 | $89.13M | +23.6% | +$17.03M | ||
| 2018 | $72.09M | +43.3% | +$21.79M | ||
| 2017 | $50.30M | +6.2% | +$2.93M | ||
| 2016 | $47.38M | +83.8% | +$21.60M | ||
| 2015 | $25.77M | +14.1% | +$3.18M | ||
| 2014 | $22.60M | +12.5% | +$2.52M | ||
| 2013 | $20.08M | -6.9% | −$1.50M | ||
| 2012 | $21.58M | -8.4% | −$1.98M | ||
| 2011 | $23.56M | -20.4% | −$6.04M | ||
| 2010 | $29.60M | +47.1% | +$9.48M | ||
| 2009 | $20.13M | -29.2% | −$8.30M | ||
| 2008 | $28.43M | +29.6% | +$6.50M | ||
| 2007 | $21.93M | -27.8% | −$8.43M | ||
| 2006 | $30.36M | +20.1% | +$5.07M | ||
| 2005 | $25.29M | -15.3% | −$4.57M | ||
| 2004 | $29.86M | +52.5% | +$10.29M | ||
| 2003 | $19.57M | +18.7% | +$3.09M | ||
| 2002 | $16.49M | +29.4% | +$3.74M | ||
| 2001 | $12.75M | -6.5% | −$892.26K | ||
| 2000 | $13.64M | -41.5% | −$9.66M | ||
| 1999 | $23.30M | -11.4% | −$3.00M | ||
| 1998 | $26.30M | +157.8% | +$16.10M | ||
| 1997 | $10.20M | +64.5% | +$4.00M | ||
| 1996 | $6.20M | -31.1% | −$2.80M | ||
| 1995 | $9.00M | +50.0% | +$3.00M | ||
| 1994 | $6.00M | — | — |
- 2025$96.35M+29.1%
- 2024$74.62M-17.3%
- 2023$90.18M-1.3%
- 2022$91.33M+15.1%
- 2021$79.38M-24.8%
- 2020$105.62M+18.5%
- 2019$89.13M+23.6%
- 2018$72.09M+43.3%
- 2017$50.30M+6.2%
- 2016$47.38M+83.8%
- 2015$25.77M+14.1%
- 2014$22.60M+12.5%
- 2013$20.08M-6.9%
- 2012$21.58M-8.4%
- 2011$23.56M-20.4%
- 2010$29.60M+47.1%
- 2009$20.13M-29.2%
- 2008$28.43M+29.6%
- 2007$21.93M-27.8%
- 2006$30.36M+20.1%
- 2005$25.29M-15.3%
- 2004$29.86M+52.5%
- 2003$19.57M+18.7%
- 2002$16.49M+29.4%
- 2001$12.75M-6.5%
- 2000$13.64M-41.5%
- 1999$23.30M-11.4%
- 1998$26.30M+157.8%
- 1997$10.20M+64.5%
- 1996$6.20M-31.1%
- 1995$9.00M+50.0%
- 1994$6.00M—
CapEx values are taken from Middlesex Water's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About CapEx at Middlesex Water (MSEX)
According to Middlesex Water's latest reported financial statements, the company's current CapEx (TTM) is $83.17M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Middlesex Water (MSEX) CapEx is $96.35M – grew 29.1% year-over-year.
Over 2020–2025 (5 years), Middlesex Water CapEx expanded at a -1.8% compound annual rate, with a net decline across the window.
Middlesex Water CapEx peaked at $105.62M in 2020; the latest annual figure is $96.35M in 2025 (8.8% below peak).
The highest annual CapEx of $105.62M was reported in 2020. The lowest in the available history was $6.00M in 1994.
Middlesex Water Capital Expenditures by Year
Middlesex Water Capital Expenditures 2025: $96.35M
Middlesex Water posted CapEx of $96.35M in 2025, grew 29.1% from 2024.
Middlesex Water Capital Expenditures 2024: $74.62M
In 2024, Middlesex Water reported CapEx of $74.62M, declined 17.3% below 2023.
Middlesex Water Capital Expenditures 2023: $90.18M
Middlesex Water CapEx in 2023 was $90.18M, edged down 1.3% below 2022.
Middlesex Water Capital Expenditures 2022: $91.33M
2022's CapEx for Middlesex Water came in at $91.33M, grew 15.1% from 2021.
Middlesex Water Capital Expenditures 2021: $79.38M
Middlesex Water CapEx in 2021 was $79.38M.
See more financial history for Middlesex Water (MSEX).
Sector peers by CapEx
Utilities peers of Middlesex Water (MSEX), ranked by their latest CapEx
| $14.02B | |
| $12.74B | |
| $12.64B | |
| $10.61B | |
| $9.27B | |
| $2.95B | |
| $1.28B | |
| $130.00M |
- $14.02B
- $12.74B
- $12.64B
- $10.61B
- $9.27B
- $1.28B
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