TTM
$96.46M
YoY change
+2.6%
5Y CAGR
+10.0%
Peak year (2025)
$94.43M
Cumulative EBITDA
$1.59B
EBITDA history chart for Middlesex Water (MSEX) from 1985 to 2025
Latest: $94.43M
EBITDA growth chart for Middlesex Water (MSEX) from 1985 to 2025
Latest: +2.6%
EBITDA history table for Middlesex Water (MSEX) from 1985 to 2025
| 2025 | $94.43M | +2.6% | +$2.37M | ||
| 2024 | $92.06M | +26.6% | +$19.35M | ||
| 2023 | $72.72M | -9.3% | −$7.48M | ||
| 2022 | $80.20M | +26.7% | +$16.88M | ||
| 2021 | $63.31M | +8.0% | +$4.69M | ||
| 2020 | $58.62M | +12.5% | +$6.52M | ||
| 2019 | $52.10M | -4.5% | −$2.45M | ||
| 2018 | $54.55M | +1.9% | +$993.00K | ||
| 2017 | $53.56M | +1.7% | +$876.00K | ||
| 2016 | $52.68M | +7.9% | +$3.84M | ||
| 2015 | $48.84M | +6.5% | +$2.98M | ||
| 2014 | $45.86M | +7.6% | +$3.26M | ||
| 2013 | $42.60M | +8.5% | +$3.35M | ||
| 2012 | $39.25M | +9.2% | +$3.29M | ||
| 2011 | $35.96M | -2.9% | −$1.07M | ||
| 2010 | $37.03M | +19.0% | +$5.92M | ||
| 2009 | $31.10M | -8.1% | −$2.75M | ||
| 2008 | $33.85M | -64.1% | −$60.44M | ||
| 2007 | $94.29M | +224.2% | +$65.21M | ||
| 2006 | $29.08M | +19.3% | +$4.70M | ||
| 2005 | $24.38M | +4.5% | +$1.06M | ||
| 2004 | $23.32M | +14.5% | +$2.95M | ||
| 2003 | $20.37M | -7.0% | −$1.53M | ||
| 2002 | $21.90M | +6.5% | +$1.35M | ||
| 2001 | $20.56M | +17.3% | +$3.04M | ||
| 2000 | $17.52M | -3.2% | −$580.11K | ||
| 1999 | $18.10M | +13.8% | +$2.20M | ||
| 1998 | $15.90M | +6.0% | +$900.00K | ||
| 1997 | $15.00M | +10.3% | +$1.40M | ||
| 1996 | $13.60M | -4.9% | −$700.00K | ||
| 1995 | $14.30M | +1.4% | +$200.00K | ||
| 1994 | $14.10M | -60.3% | −$21.40M | ||
| 1993 | $35.50M | +16.0% | +$4.90M | ||
| 1992 | $30.60M | +2.3% | +$700.00K | ||
| 1991 | $29.90M | +13.3% | +$3.50M | ||
| 1990 | $26.40M | +12.3% | +$2.90M | ||
| 1989 | $23.50M | -2.1% | −$500.00K | ||
| 1988 | $24.00M | +7.1% | +$1.60M | ||
| 1987 | $22.40M | +1.8% | +$400.00K | ||
| 1986 | $22.00M | +8.4% | +$1.70M | ||
| 1985 | $20.30M | — | — |
- 2025$94.43M+2.6%
- 2024$92.06M+26.6%
- 2023$72.72M-9.3%
- 2022$80.20M+26.7%
- 2021$63.31M+8.0%
- 2020$58.62M+12.5%
- 2019$52.10M-4.5%
- 2018$54.55M+1.9%
- 2017$53.56M+1.7%
- 2016$52.68M+7.9%
- 2015$48.84M+6.5%
- 2014$45.86M+7.6%
- 2013$42.60M+8.5%
- 2012$39.25M+9.2%
- 2011$35.96M-2.9%
- 2010$37.03M+19.0%
- 2009$31.10M-8.1%
- 2008$33.85M-64.1%
- 2007$94.29M+224.2%
- 2006$29.08M+19.3%
- 2005$24.38M+4.5%
- 2004$23.32M+14.5%
- 2003$20.37M-7.0%
- 2002$21.90M+6.5%
- 2001$20.56M+17.3%
- 2000$17.52M-3.2%
- 1999$18.10M+13.8%
- 1998$15.90M+6.0%
- 1997$15.00M+10.3%
- 1996$13.60M-4.9%
- 1995$14.30M+1.4%
- 1994$14.10M-60.3%
- 1993$35.50M+16.0%
- 1992$30.60M+2.3%
- 1991$29.90M+13.3%
- 1990$26.40M+12.3%
- 1989$23.50M-2.1%
- 1988$24.00M+7.1%
- 1987$22.40M+1.8%
- 1986$22.00M+8.4%
- 1985$20.30M—
EBITDA values are taken from Middlesex Water's reported income 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 EBITDA at Middlesex Water (MSEX)
According to Middlesex Water's latest reported financial statements, the company's current EBITDA (TTM) is $96.46M. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Middlesex Water (MSEX) reported EBITDA of $94.43M – edged up 2.6% year-over-year.
Over 2020–2025 (5 years), Middlesex Water EBITDA expanded at a +10.0% compound annual rate, sustaining 2 straight years of year-over-year growth.
The record annual EBITDA stands at $94.43M, reached in 2025; the historical low of $13.60M was recorded in 1996.
Middlesex Water EBITDA by Year
Middlesex Water EBITDA 2025: $94.43M
Middlesex Water posted EBITDA of $94.43M in 2025, edged up 2.6% from 2024. This figure represents the highest annual value in the available history.
Middlesex Water EBITDA 2024: $92.06M
In 2024, Middlesex Water reported EBITDA of $92.06M, grew 26.6% from 2023.
Middlesex Water EBITDA 2023: $72.72M
Middlesex Water EBITDA in 2023 was $72.72M, declined 9.3% below 2022.
Middlesex Water EBITDA 2022: $80.20M
2022's EBITDA for Middlesex Water came in at $80.20M, grew 26.7% from 2021.
Middlesex Water EBITDA 2021: $63.31M
Middlesex Water EBITDA in 2021 was $63.31M.
See more financial history for Middlesex Water (MSEX).
Sector peers by EBITDA
Utilities peers of Middlesex Water (MSEX), ranked by their latest EBITDA
| $16.16B | |
| $15.67B | |
| $14.33B | |
| $9.34B | |
| $8.02B | |
| $6.87B | |
| $5.01B | |
| $3.68B |
- $16.16B
- $15.67B
- $14.33B
- $8.02B
- $6.87B
- $3.68B
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Middlesex Water (MSEX) Key Financials
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