Gross Profit for Middlesex Water (MSEX)
According to Middlesex Water's latest reported financial statements, the company's current gross profit (TTM) is $89.52M USD. 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 .
MSEX
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$89.52M
YoY change
-23.3%
5Y CAGR
+1.5%
Peak year (2010)
$102.73M
Cumulative gross profit
$2.38B
Gross Profit history chart for Middlesex Water (MSEX) from 1985 to 2025
Gross Profit history table for Middlesex Water (MSEX) from 1985 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 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 (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
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 the latest reading among the more recent periods of the dataset.
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 (MSEX) sits 9th of 8 Utilities peers we track on this metric, against a peer median of $8.45B.
Middlesex Water Gross Profit by Year
Middlesex Water Gross Profit 2025: $76.29M
Middlesex Water gross profit in 2025 was $76.29M, declined 23.3% below 2024.
Middlesex Water Gross Profit 2024: $99.51M
Middlesex Water gross profit in 2024 was $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
Middlesex Water gross profit in 2022 was $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 — Gross Profit
Companies in the same sector as Middlesex Water, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Constellation Energy Corporation (CEG) | $19.36B | Utilities |
| NextEra Energy, Inc. (NEE) | $17.25B | Utilities |
| Duke Energy Corporation (DUK) | $10.17B | Utilities |
| The Southern Company (SO) | $8.81B | Utilities |
| Dominion Energy, Inc. (D) | $8.09B | Utilities |
| GE Vernova Inc. (GEV) | $7.54B | Utilities |
| American Electric Power Company, Inc. (AEP) | $6.93B | Utilities |
| Sempra (SRE) | $4.00B | Utilities |
Frequently asked questions
What is Middlesex Water's gross profit?
Latest reported gross profit for Middlesex Water (MSEX) is $89.52M (period ending December 31, 2025).
How has Middlesex Water gross profit changed year-over-year?
Middlesex Water (MSEX) gross profit changed -23.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Middlesex Water gross profit?
Middlesex Water (MSEX) gross profit compound annual growth rate is +1.5% over the most recent 5 years available.
When did Middlesex Water gross profit hit its highest annual value?
Middlesex Water gross profit reached its highest annual value of $102.73M in 2010.
What was Middlesex Water gross profit in 2024?
Middlesex Water (MSEX) gross profit in 2024 was $99.51M.
What was Middlesex Water gross profit in 2025?
Middlesex Water (MSEX) gross profit in 2025 was $76.29M.
Metrics overview
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