TTM
$92.03M
YoY change
-23.3%
5Y CAGR
+1.5%
Peak year (2010)
$102.73M
Cumulative gross profit
$2.41B
Gross Profit history chart for Middlesex Water (MSEX) from 1985 to 2025
Latest: $76.29M
Gross Profit growth chart for Middlesex Water (MSEX) from 1985 to 2025
Latest: -23.3%
Gross Profit history table for Middlesex Water (MSEX) from 1985 to 2025
| 2025 | $76.29M | -23.3% | −$23.22M | ||
| 2024 | $99.51M | +19.7% | +$16.35M | ||
| 2023 | $83.16M | -0.2% | −$177.00K | ||
| 2022 | $83.34M | +20.0% | +$13.87M | ||
| 2021 | $69.47M | -1.9% | −$1.33M | ||
| 2020 | $70.80M | +6.3% | +$4.18M | ||
| 2019 | $66.62M | +0.2% | +$111.00K | ||
| 2018 | $66.51M | +0.6% | +$400.00K | ||
| 2017 | $66.11M | -1.9% | −$1.26M | ||
| 2016 | $67.37M | +10.7% | +$6.51M | ||
| 2015 | $60.86M | +4.9% | +$2.85M | ||
| 2014 | $58.01M | +7.2% | +$3.91M | ||
| 2013 | $54.10M | +8.4% | +$4.18M | ||
| 2012 | $49.92M | -51.1% | −$52.15M | ||
| 2011 | $102.07M | -0.6% | −$666.00K | ||
| 2010 | $102.73M | +12.6% | +$11.49M | ||
| 2009 | $91.24M | +0.2% | +$205.00K | ||
| 2008 | $91.04M | +5.7% | +$4.92M | ||
| 2007 | $86.11M | +6.2% | +$5.05M | ||
| 2006 | $81.06M | +8.6% | +$6.45M | ||
| 2005 | $74.61M | +5.1% | +$3.62M | ||
| 2004 | $70.99M | +10.7% | +$6.88M | ||
| 2003 | $64.11M | +3.5% | +$2.18M | ||
| 2002 | $61.93M | +3.8% | +$2.29M | ||
| 2001 | $59.64M | +9.5% | +$5.16M | ||
| 2000 | $54.48M | +1.8% | +$976.54K | ||
| 1999 | $53.50M | +24.1% | +$10.40M | ||
| 1998 | $43.10M | +16.2% | +$6.00M | ||
| 1997 | $37.10M | +6.0% | +$2.10M | ||
| 1996 | $35.00M | -0.3% | −$100.00K | ||
| 1995 | $35.10M | +5.4% | +$1.80M | ||
| 1994 | $33.30M | -6.2% | −$2.20M | ||
| 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$76.29M-23.3%
- 2024$99.51M+19.7%
- 2023$83.16M-0.2%
- 2022$83.34M+20.0%
- 2021$69.47M-1.9%
- 2020$70.80M+6.3%
- 2019$66.62M+0.2%
- 2018$66.51M+0.6%
- 2017$66.11M-1.9%
- 2016$67.37M+10.7%
- 2015$60.86M+4.9%
- 2014$58.01M+7.2%
- 2013$54.10M+8.4%
- 2012$49.92M-51.1%
- 2011$102.07M-0.6%
- 2010$102.73M+12.6%
- 2009$91.24M+0.2%
- 2008$91.04M+5.7%
- 2007$86.11M+6.2%
- 2006$81.06M+8.6%
- 2005$74.61M+5.1%
- 2004$70.99M+10.7%
- 2003$64.11M+3.5%
- 2002$61.93M+3.8%
- 2001$59.64M+9.5%
- 2000$54.48M+1.8%
- 1999$53.50M+24.1%
- 1998$43.10M+16.2%
- 1997$37.10M+6.0%
- 1996$35.00M-0.3%
- 1995$35.10M+5.4%
- 1994$33.30M-6.2%
- 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—
Gross Profit 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 Gross Profit at Middlesex Water (MSEX)
According to Middlesex Water's latest reported financial statements, the company's current gross profit (TTM) is $92.03M. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
2025's annual gross profit for Middlesex Water (MSEX) came in at $76.29M – declined 23.3% year-over-year.
Over 2020–2025 (5 years), Middlesex Water gross profit expanded at a +1.5% compound annual rate, with mixed annual results across the window.
Between 2010 and 2025, Middlesex Water gross profit declined 25.7%, falling from $102.73M to $76.29M.
2010 marks the peak gross profit at $102.73M, with the historical low of $20.30M recorded in 1985.
Middlesex Water Gross Profit by Year
Middlesex Water Gross Profit 2025: $76.29M
Middlesex Water posted gross profit of $76.29M in 2025, declined 23.3% below 2024.
Middlesex Water Gross Profit 2024: $99.51M
In 2024, Middlesex Water reported gross profit of $99.51M, grew 19.7% from 2023.
Middlesex Water Gross Profit 2023: $83.16M
Middlesex Water gross profit in 2023 was $83.16M, edged down 0.2% below 2022.
Middlesex Water Gross Profit 2022: $83.34M
2022's gross profit for Middlesex Water came in at $83.34M, grew 20.0% from 2021.
Middlesex Water Gross Profit 2021: $69.47M
Middlesex Water gross profit in 2021 was $69.47M.
See more financial history for Middlesex Water (MSEX).
Sector peers by Gross Profit
Utilities peers of Middlesex Water (MSEX), ranked by their latest gross profit
| $19.36B | |
| $17.25B | |
| $10.17B | |
| $8.81B | |
| $8.09B | |
| $7.54B | |
| $6.93B | |
| $4.00B |
- $19.36B
- $17.25B
- $10.17B
- $8.81B
- $8.09B
- $7.54B
- $4.00B
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