TTM
$43.95M
YoY change
-3.4%
5Y CAGR
+2.2%
Peak year (2024)
$44.35M
Cumulative net income
$613.91M
Net Income history chart for Middlesex Water (MSEX) from 1985 to 2025
Latest: $42.82M
Net Income growth chart for Middlesex Water (MSEX) from 1985 to 2025
Latest: -3.4%
Net Income history table for Middlesex Water (MSEX) from 1985 to 2025
| 2025 | $42.82M | -3.4% | −$1.53M | ||
| 2024 | $44.35M | +40.7% | +$12.83M | ||
| 2023 | $31.52M | -25.7% | −$10.90M | ||
| 2022 | $42.43M | +16.1% | +$5.89M | ||
| 2021 | $36.54M | -4.9% | −$1.88M | ||
| 2020 | $38.42M | +13.4% | +$4.54M | ||
| 2019 | $33.89M | +4.4% | +$1.44M | ||
| 2018 | $32.45M | +42.3% | +$9.64M | ||
| 2017 | $22.81M | +0.3% | +$67.00K | ||
| 2016 | $22.74M | +13.6% | +$2.71M | ||
| 2015 | $20.03M | +8.6% | +$1.58M | ||
| 2014 | $18.45M | +10.9% | +$1.81M | ||
| 2013 | $16.63M | +15.5% | +$2.24M | ||
| 2012 | $14.40M | +7.1% | +$949.00K | ||
| 2011 | $13.45M | -6.2% | −$883.00K | ||
| 2010 | $14.33M | +43.6% | +$4.35M | ||
| 2009 | $9.98M | -18.3% | −$2.23M | ||
| 2008 | $12.21M | +3.1% | +$365.00K | ||
| 2007 | $11.84M | +18.0% | +$1.80M | ||
| 2006 | $10.04M | +18.4% | +$1.56M | ||
| 2005 | $8.48M | +0.4% | +$30.63K | ||
| 2004 | $8.45M | +27.4% | +$1.81M | ||
| 2003 | $6.63M | -14.6% | −$1.13M | ||
| 2002 | $7.77M | +11.7% | +$812.37K | ||
| 2001 | $6.95M | +31.1% | +$1.65M | ||
| 2000 | $5.31M | -32.8% | −$2.59M | ||
| 1999 | $7.90M | +21.5% | +$1.40M | ||
| 1998 | $6.50M | +10.2% | +$600.00K | ||
| 1997 | $5.90M | +13.5% | +$700.00K | ||
| 1996 | $5.20M | -8.8% | −$500.00K | ||
| 1995 | $5.70M | +3.6% | +$200.00K | ||
| 1994 | $5.50M | 0.0% | $0.00 | ||
| 1993 | $5.50M | +25.0% | +$1.10M | ||
| 1992 | $4.40M | +7.3% | +$300.00K | ||
| 1991 | $4.10M | +17.1% | +$600.00K | ||
| 1990 | $3.50M | +16.7% | +$500.00K | ||
| 1989 | $3.00M | -16.7% | −$600.00K | ||
| 1988 | $3.60M | +12.5% | +$400.00K | ||
| 1987 | $3.20M | 0.0% | $0.00 | ||
| 1986 | $3.20M | 0.0% | $0.00 | ||
| 1985 | $3.20M | — | — |
- 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$5.50M0.0%
- 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$3.20M0.0%
- 1986$3.20M0.0%
- 1985$3.20M—
Net Income 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 Net Income at Middlesex Water (MSEX)
According to Middlesex Water's latest reported financial statements, the company's current net income (TTM) is $43.95M. 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 .
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 mixed annual results across the window.
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 Net Income by Year
Middlesex Water Net Income 2025: $42.82M
Middlesex Water posted net income of $42.82M in 2025, edged down 3.4% below 2024.
Middlesex Water Net Income 2024: $44.35M
In 2024, Middlesex Water reported net income of $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
2022's net income for Middlesex Water came in at $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 by Net Income
Utilities peers of Middlesex Water (MSEX), ranked by their latest net income
| $6.83B | |
| $4.97B | |
| $4.88B | |
| $4.34B | |
| $3.58B | |
| $3.00B | |
| $2.32B | |
| $1.84B |
- $6.83B
- $4.97B
- $4.88B
- $4.34B
- $3.00B
- $1.84B
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