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Operating Margin for Middlesex Water (MSEX)

As of · Reported

Metric

TTM

28.1%

YoY change

+0.20pp

Trough year (2009)

22.1%

Peak year (1985)

100.0%

Operating Margin history chart for Middlesex Water (MSEX) from 1985 to 2025

Latest: 27.9%

Operating Margin change chart for Middlesex Water (MSEX) from 1985 to 2025

Latest: +0.20pp

Operating Margin history table for Middlesex Water (MSEX) from 1985 to 2025

  • 202527.9%+0.20pp
  • 202427.7%+4.14pp
  • 202323.6%-5.55pp
  • 202229.1%+5.94pp
  • 202123.2%-3.23pp
  • 202026.4%+0.04pp
  • 201926.4%-0.51pp
  • 201826.9%-2.00pp
  • 201728.9%-1.42pp
  • 201630.3%+1.88pp
  • 201528.4%-0.92pp
  • 201429.4%+2.39pp
  • 201327.0%+1.92pp
  • 201225.0%+1.34pp
  • 201123.7%-2.18pp
  • 201025.9%+3.79pp
  • 200922.1%-4.29pp
  • 200826.4%+0.06pp
  • 200726.3%+0.03pp
  • 200626.3%+3.22pp
  • 200523.1%-0.78pp
  • 200423.9%+0.87pp
  • 200323.0%-3.60pp
  • 200226.6%+1.01pp
  • 200125.6%+2.49pp
  • 200023.1%-2.71pp
  • 199925.8%-2.28pp
  • 199828.1%-1.45pp
  • 199729.5%+1.63pp
  • 199627.9%-2.26pp
  • 199530.2%-0.59pp
  • 199430.7%-69.25pp
  • 1993100.0%0.00pp
  • 1992100.0%0.00pp
  • 1991100.0%0.00pp
  • 1990100.0%0.00pp
  • 1989100.0%0.00pp
  • 1988100.0%0.00pp
  • 1987100.0%0.00pp
  • 1986100.0%0.00pp
  • 1985100.0%—

Operating 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 Operating Margin at Middlesex Water (MSEX)

According to Middlesex Water's latest reported financial statements, the company's latest reported operating margin is 28.1%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

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

2025's annual operating margin for Middlesex Water (MSEX) came in at 27.93% – expanded 0.2 percentage points year-over-year.

100.00% stands as the all-time-high annual operating margin, posted in 1985, against a low of 22.10% during 2009.

Middlesex Water Operating Margin by Year

Middlesex Water Operating Margin 2025: 27.9%

2025's operating margin for Middlesex Water came in at 27.93%, expanded 0.2 percentage points from 2024.

Middlesex Water Operating Margin 2024: 27.7%

Middlesex Water posted operating margin of 27.73% in 2024, expanded 4.1 percentage points from 2023.

Middlesex Water Operating Margin 2023: 23.6%

In 2023, Middlesex Water reported operating margin of 23.59%, contracted 5.6 percentage points from 2022.

Middlesex Water Operating Margin 2022: 29.1%

Middlesex Water operating margin in 2022 was 29.14%, expanded 5.9 percentage points from 2021.

Middlesex Water Operating Margin 2021: 23.2%

Middlesex Water operating margin in 2021 was 23.20%.

See more financial history for Middlesex Water (MSEX).

Sector peers by Operating Margin

Utilities peers of Middlesex Water (MSEX), ranked by their latest operating margin

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