Ticker League

FCF Margin for Middlesex Water (MSEX)

As of · Reported

Metric

TTM

7.6%

YoY change

−9.06pp

Trough year (2019)

-39.4%

Peak year (2015)

20.2%

FCF Margin history chart for Middlesex Water (MSEX) from 1994 to 2025

Latest: -17.3%

FCF Margin change chart for Middlesex Water (MSEX) from 1994 to 2025

Latest: −9.06pp

FCF Margin history table for Middlesex Water (MSEX) from 1994 to 2025

  • 2025-17.3%-9.06pp
  • 2024-8.3%+14.21pp
  • 2023-22.5%-4.04pp
  • 2022-18.5%+13.93pp
  • 2021-32.4%+4.53pp
  • 2020-36.9%+2.52pp
  • 2019-39.4%-20.43pp
  • 2018-19.0%-13.29pp
  • 2017-5.7%-5.47pp
  • 2016-0.2%-20.41pp
  • 201520.2%+11.67pp
  • 20148.5%-3.44pp
  • 201312.0%+4.71pp
  • 20127.2%+7.95pp
  • 2011-0.7%+3.22pp
  • 2010-3.9%-2.15pp
  • 2009-1.8%+8.45pp
  • 2008-10.2%-6.62pp
  • 2007-3.6%+14.22pp
  • 2006-17.8%-2.03pp
  • 2005-15.8%+4.34pp
  • 2004-20.1%-11.84pp
  • 2003-8.3%+0.40pp
  • 2002-8.7%-8.01pp
  • 2001-0.7%+6.00pp
  • 2000-6.7%+18.17pp
  • 1999-24.9%+12.03pp
  • 1998-36.9%-42.85pp
  • 19976.0%-4.83pp
  • 199610.8%+11.05pp
  • 1995-0.3%-8.02pp
  • 19947.8%—

FCF Margin 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 FCF Margin at Middlesex Water (MSEX)

According to Middlesex Water's latest reported financial statements, the company's latest reported free cash flow margin is 7.6%. Free cash flow margin is free cash flow divided by revenue — the share of each sales dollar that converts into cash after capital expenditures. Because free cash flow cannot be inflated by non-cash accounting, FCF margin is a clean read on how efficiently a business turns revenue into deployable cash.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, Middlesex Water (MSEX) reported free cash flow margin of -17.34% – contracted 9.1 percentage points year-over-year.

The highest annual free cash flow margin of 20.19% was reported in 2015. The lowest in the available history was -39.43% in 2019.

Middlesex Water FCF Margin by Year

Middlesex Water FCF Margin 2025: -17.3%

2025's free cash flow margin for Middlesex Water came in at -17.34%, contracted 9.1 percentage points from 2024.

Middlesex Water FCF Margin 2024: -8.3%

Middlesex Water posted free cash flow margin of -8.28% in 2024, expanded 14.2 percentage points from 2023.

Middlesex Water FCF Margin 2023: -22.5%

In 2023, Middlesex Water reported free cash flow margin of -22.49%, contracted 4.0 percentage points from 2022.

Middlesex Water FCF Margin 2022: -18.5%

Middlesex Water free cash flow margin in 2022 was -18.45%, expanded 13.9 percentage points from 2021.

Middlesex Water FCF Margin 2021: -32.4%

Middlesex Water free cash flow margin in 2021 was -32.38%.

See more financial history for Middlesex Water (MSEX).

Sector peers by FCF Margin

Utilities peers of Middlesex Water (MSEX), ranked by their latest free cash flow margin

Frequently asked questions

Middlesex Water (MSEX) Key Financials

Charts, filings, and peer comparison for every metric

Explore more

Deep-dives across the income statement, cash flow, capital return, and valuation