TTM
$199M
YoY change
+1.5%
5Y CAGR
+6.6%
Peak year (FY2025)
$195M
Cumulative revenue
$3.48B
Revenue history chart for Middlesex Water (MSEX) from 2016 to 2025
Latest: $195M
Revenue growth chart for Middlesex Water (MSEX) from 2016 to 2025
Latest: +1.5%
Revenue history table for Middlesex Water (MSEX) from 1985 to 2025
| FY2025 | $195M | +1.5% | +$2.82M | ||
| FY2024 | $192M | +15.4% | +$25.6M | ||
| FY2023 | $166M | +2.4% | +$3.84M | ||
| FY2022 | $162M | +13.5% | +$19.3M | ||
| FY2021 | $143M | +1.1% | +$1.55M | ||
| FY2020 | $142M | +5.2% | +$6.99M | ||
| FY2019 | $135M | -2.5% | -$3.48M | ||
| FY2018 | $138M | +5.6% | +$7.3M | ||
| FY2017 | $131M | -1.6% | -$2.13M | ||
| FY2016 | $133M | +5.5% | +$6.88M | ||
| FY2015 | $126M | +7.6% | +$8.89M | ||
| FY2014 | $117M | +2.0% | +$2.29M | ||
| FY2013 | $115M | +4.0% | +$4.47M | ||
| FY2012 | $110M | +8.1% | +$8.31M | ||
| FY2011 | $102M | -0.6% | -$666K | ||
| FY2010 | $103M | +12.6% | +$11.5M | ||
| FY2009 | $91.2M | +0.2% | +$205K | ||
| FY2008 | $91M | +5.7% | +$4.92M | ||
| FY2007 | $86.1M | +6.2% | +$5.05M | ||
| FY2006 | $81.1M | +8.6% | +$6.45M | ||
| FY2005 | $74.6M | +5.1% | +$3.62M | ||
| FY2004 | $71M | +10.7% | +$6.88M | ||
| FY2003 | $64.1M | +3.5% | +$2.18M | ||
| FY2002 | $61.9M | +3.8% | +$2.29M | ||
| FY2001 | $59.6M | +9.5% | +$5.16M | ||
| FY2000 | $54.5M | +1.8% | +$977K | ||
| FY1999 | $53.5M | +24.1% | +$10.4M | ||
| FY1998 | $43.1M | +6.9% | +$2.8M | ||
| FY1997 | $40.3M | +6.1% | +$2.3M | ||
| FY1996 | $38M | +0.5% | +$200K | ||
| FY1995 | $37.8M | +4.7% | +$1.7M | ||
| FY1994 | $36.1M | +1.7% | +$600K | ||
| FY1993 | $35.5M | +16.0% | +$4.9M | ||
| FY1992 | $30.6M | +2.3% | +$700K | ||
| FY1991 | $29.9M | +13.3% | +$3.5M | ||
| FY1990 | $26.4M | +12.3% | +$2.9M | ||
| FY1989 | $23.5M | -2.1% | -$500K | ||
| FY1988 | $24M | +7.1% | +$1.6M | ||
| FY1987 | $22.4M | +1.8% | +$400K | ||
| FY1986 | $22M | +8.4% | +$1.7M | ||
| FY1985 | $20.3M | — | — |
- FY2025$195M+1.5%
- FY2024$192M+15.4%
- FY2023$166M+2.4%
- FY2022$162M+13.5%
- FY2021$143M+1.1%
- FY2020$142M+5.2%
- FY2019$135M-2.5%
- FY2018$138M+5.6%
- FY2017$131M-1.6%
- FY2016$133M+5.5%
- FY2015$126M+7.6%
- FY2014$117M+2.0%
- FY2013$115M+4.0%
- FY2012$110M+8.1%
- FY2011$102M-0.6%
- FY2010$103M+12.6%
- FY2009$91.2M+0.2%
- FY2008$91M+5.7%
- FY2007$86.1M+6.2%
- FY2006$81.1M+8.6%
- FY2005$74.6M+5.1%
- FY2004$71M+10.7%
- FY2003$64.1M+3.5%
- FY2002$61.9M+3.8%
- FY2001$59.6M+9.5%
- FY2000$54.5M+1.8%
- FY1999$53.5M+24.1%
- FY1998$43.1M+6.9%
- FY1997$40.3M+6.1%
- FY1996$38M+0.5%
- FY1995$37.8M+4.7%
- FY1994$36.1M+1.7%
- FY1993$35.5M+16.0%
- FY1992$30.6M+2.3%
- FY1991$29.9M+13.3%
- FY1990$26.4M+12.3%
- FY1989$23.5M-2.1%
- FY1988$24M+7.1%
- FY1987$22.4M+1.8%
- FY1986$22M+8.4%
- FY1985$20.3M—
Revenue 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 Revenue at Middlesex Water (MSEX)
According to Middlesex Water's latest reported financial statements, the company's current revenue (TTM) is $199M. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings.
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) revenue totalled $195M – edged up 1.5% year-over-year.
Across 2020–2025 (5 years), Middlesex Water revenue produced a CAGR of +6.6% – sustaining 6 straight years of year-over-year growth.
The highest annual revenue of $195M was reported in 2025. The lowest in the available history was $20.3M in 1985.
Middlesex Water Revenue by Year
Middlesex Water Revenue 2025: $195M
In 2025, Middlesex Water reported revenue of $195M, edged up 1.5% from 2024. This figure represents the highest annual value in the available history.
Middlesex Water Revenue 2024: $192M
Middlesex Water revenue in 2024 was $192M, grew 15.4% from 2023.
Middlesex Water Revenue 2023: $166M
2023's revenue for Middlesex Water came in at $166M, edged up 2.4% from 2022.
Middlesex Water Revenue 2022: $162M
Middlesex Water posted revenue of $162M in 2022, grew 13.5% from 2021.
Middlesex Water Revenue 2021: $143M
Middlesex Water revenue in 2021 was $143M.
See more financial history for Middlesex Water (MSEX).
Sector peers by Revenue
Utilities peers of Middlesex Water (MSEX), ranked by their latest revenue
| $38.1B | |
| $32.2B | |
| $29.6B | |
| $27.5B | |
| $25.5B | |
| $21.8B | |
| $16.5B | |
| $13.7B |
- $38.1B
- $32.2B
- $29.6B
- $27.5B
- $16.5B
- $13.7B
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