Net Income for Middlesex Water (MSEX)
According to Middlesex Water's latest reported financial statements, the company's current net income (TTM) is $42.82M USD. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
MSEX
Currently viewingNet IncomeSwitch metric
TTM (last 4 quarters)
$42.82M
YoY change
-3.4%
5Y CAGR
+2.2%
Peak year (2024)
$44.35M
Cumulative net income
$603.31M
Net Income history chart for Middlesex Water (MSEX) from 1985 to 2025
Net Income history table for Middlesex Water (MSEX) from 1985 to 2025
| Fiscal year | Period ended | Reported | Net Income | YoY |
|---|---|---|---|---|
| 2025 | $42.82M | -3.4% | ||
| 2024 | $44.35M | +40.7% | ||
| 2023 | $31.52M | -25.7% | ||
| 2022 | $42.43M | +16.1% | ||
| 2021 | $36.54M | -4.9% | ||
| 2020 | $38.42M | +13.4% | ||
| 2019 | $33.89M | +4.4% | ||
| 2018 | $32.45M | +42.3% | ||
| 2017 | $22.81M | +0.3% | ||
| 2016 | $22.74M | +13.6% | ||
| 2015 | $20.03M | +8.6% | ||
| 2014 | $18.45M | +10.9% | ||
| 2013 | $16.63M | +15.5% | ||
| 2012 | $14.40M | +7.1% | ||
| 2011 | $13.45M | -6.2% | ||
| 2010 | $14.33M | +43.6% | ||
| 2009 | $9.98M | -18.3% | ||
| 2008 | $12.21M | +3.1% | ||
| 2007 | $11.84M | +18.0% | ||
| 2006 | $10.04M | +18.4% | ||
| 2005 | $8.48M | +0.4% | ||
| 2004 | $8.45M | +27.4% | ||
| 2003 | $6.63M | -14.6% | ||
| 2002 | $7.77M | +11.7% | ||
| 2001 | $6.95M | +31.1% | ||
| 2000 | $5.31M | -32.8% | ||
| 1999 | $7.90M | +21.5% | ||
| 1998 | $6.50M | +10.2% | ||
| 1997 | $5.90M | +13.5% | ||
| 1996 | $5.20M | -8.8% | ||
| 1995 | $5.70M | +3.6% | ||
| 1994 | $5.50M | 0.0% | ||
| 1993 | $5.50M | +25.0% | ||
| 1992 | $4.40M | +7.3% | ||
| 1991 | $4.10M | +17.1% | ||
| 1990 | $3.50M | +16.7% | ||
| 1989 | $3.00M | -16.7% | ||
| 1988 | $3.60M | +12.5% | ||
| 1987 | $3.20M | 0.0% | ||
| 1986 | $3.20M | 0.0% | ||
| 1985 | $3.20M | — |
Net Income 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
In 2025, Middlesex Water (MSEX) net income totalled $42.82M – edged down 3.4% year-over-year.
Through 2020–2025 (5 years), Middlesex Water net income delivered a +2.2% annualised rate; with the latest reading among the more recent periods of the dataset.
Middlesex Water net income edged down from $44.35M in 2024 to $42.82M in 2025, a 3.4% drawdown.
2024 marks the peak net income at $44.35M, with the historical low of $3.00M recorded in 1989.
Middlesex Water (MSEX) sits 9th of 8 Utilities peers we track on this metric, against a peer median of $3.96B.
Middlesex Water Net Income by Year
Middlesex Water Net Income 2025: $42.82M
Middlesex Water net income in 2025 was $42.82M, edged down 3.4% below 2024.
Middlesex Water Net Income 2024: $44.35M
Middlesex Water net income in 2024 was $44.35M, surged 40.7% from 2023. This figure represents the highest annual value in the available history.
Middlesex Water Net Income 2023: $31.52M
Middlesex Water net income in 2023 was $31.52M, declined 25.7% below 2022.
Middlesex Water Net Income 2022: $42.43M
Middlesex Water net income in 2022 was $42.43M, grew 16.1% from 2021.
Middlesex Water Net Income 2021: $36.54M
Middlesex Water net income in 2021 was $36.54M.
See more financial history for Middlesex Water (MSEX).
Sector peers — Net Income
Companies in the same sector as Middlesex Water, ranked by their latest net income.
| Company | Net Income | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | $6.83B | Utilities |
| Duke Energy Corporation (DUK) | $4.97B | Utilities |
| GE Vernova Inc. (GEV) | $4.88B | Utilities |
| The Southern Company (SO) | $4.34B | Utilities |
| American Electric Power Company, Inc. (AEP) | $3.58B | Utilities |
| Dominion Energy, Inc. (D) | $3.00B | Utilities |
| Constellation Energy Corporation (CEG) | $2.32B | Utilities |
| Sempra (SRE) | $1.84B | Utilities |
Frequently asked questions
What is Middlesex Water's net income?
Latest reported net income for Middlesex Water (MSEX) is $42.82M (period ending December 31, 2025).
How has Middlesex Water net income changed year-over-year?
Middlesex Water (MSEX) net income changed -3.4% year-over-year on the latest annual filing.
What is the long-term growth rate of Middlesex Water net income?
Middlesex Water (MSEX) net income compound annual growth rate is +2.2% over the most recent 5 years available.
When did Middlesex Water net income hit its highest annual value?
Middlesex Water net income reached its highest annual value of $44.35M in 2024.
What was Middlesex Water net income in 2024?
Middlesex Water (MSEX) net income in 2024 was $44.35M.
What was Middlesex Water net income in 2025?
Middlesex Water (MSEX) net income in 2025 was $42.82M.
Metrics overview
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