MIDDLESEX WATER CO — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that MIDDLESEX WATER CO filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $194.69M | Feb 19, 2026 |
| FY2024 | Dec 31, 2024 | $47.11M | Mar 11, 2025 |
| FY2024 | Sep 30, 2024 | $55.10M | Mar 11, 2025 |
| FY2024 | Jun 30, 2024 | $49.15M | Mar 11, 2025 |
| FY2024 | Mar 31, 2024 | $40.52M | Mar 11, 2025 |
| FY2024 | Dec 31, 2023 | $38.60M | Mar 11, 2025 |
| FY2024 | Sep 30, 2023 | $46.72M | Mar 11, 2025 |
| FY2024 | Jun 30, 2023 | $42.80M | Mar 11, 2025 |
| FY2024 | Mar 31, 2023 | $38.16M | Mar 11, 2025 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $42.82M | Feb 19, 2026 |
| FY2024 | Dec 31, 2024 | $8.80M | Mar 11, 2025 |
| FY2024 | Sep 30, 2024 | $14.32M | Mar 11, 2025 |
| FY2024 | Jun 30, 2024 | $10.55M | Mar 11, 2025 |
| FY2024 | Mar 31, 2024 | $10.68M | Mar 11, 2025 |
| FY2024 | Dec 31, 2023 | $5.77M | Mar 11, 2025 |
| FY2024 | Sep 30, 2023 | $9.99M | Mar 11, 2025 |
| FY2024 | Jun 30, 2023 | $9.90M | Mar 11, 2025 |
| FY2024 | Mar 31, 2023 | $5.87M | Mar 11, 2025 |
| FY2024 | Dec 31, 2022 | $42.43M | Mar 11, 2025 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $54.38M | Feb 19, 2026 |
| FY2024 | Dec 31, 2024 | $10.53M | Mar 11, 2025 |
| FY2024 | Sep 30, 2024 | $17.50M | Mar 11, 2025 |
| FY2024 | Jun 30, 2024 | $15.32M | Mar 11, 2025 |
| FY2024 | Mar 31, 2024 | $9.87M | Mar 11, 2025 |
| FY2024 | Dec 31, 2023 | $8.24M | Mar 11, 2025 |
| FY2024 | Sep 30, 2023 | $12.82M | Mar 11, 2025 |
| FY2024 | Jun 30, 2023 | $10.67M | Mar 11, 2025 |
| FY2024 | Mar 31, 2023 | $7.49M | Mar 11, 2025 |
| FY2023 | Dec 31, 2022 | $8.15M | Mar 1, 2024 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $62.60M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $58.73M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $52.78M | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $61.36M | Mar 11, 2025 |
| FY2023 | Dec 31, 2021 | $33.03M | Mar 1, 2024 |
| FY2022 | Dec 31, 2020 | $53.36M | Nov 8, 2023 |
| FY2021 | Dec 31, 2019 | $36.05M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $45.86M | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $42.84M | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | $47.07M | Mar 8, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2024 | Dec 31, 2024 | $74.62M | Mar 11, 2025 |
| FY2024 | Dec 31, 2023 | $90.18M | Mar 11, 2025 |
| FY2024 | Dec 31, 2022 | $91.34M | Mar 11, 2025 |
| FY2023 | Dec 31, 2021 | $79.38M | Mar 1, 2024 |
| FY2022 | Dec 31, 2020 | $105.62M | Nov 8, 2023 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.37B | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $1.26B | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $1.24B | Mar 11, 2025 |
| FY2023 | Dec 31, 2022 | $1.07B | Mar 1, 2024 |
| FY2022 | Dec 31, 2021 | $1.02B | Nov 8, 2023 |
| FY2021 | Dec 31, 2020 | $976.47M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $909.88M | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $767.83M | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $661.14M | Mar 8, 2019 |
| FY2017 | Dec 31, 2016 | $620.16M | Mar 9, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $494.03M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $445.26M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $422.99M | Feb 19, 2026 |
| FY2025 | Dec 31, 2022 | $400.33M | Feb 19, 2026 |
| FY2024 | Dec 31, 2021 | $367.73M | Mar 11, 2025 |
| FY2023 | Dec 31, 2020 | $346.21M | Mar 1, 2024 |
| FY2013 | Dec 31, 2013 | $321.43M | Mar 5, 2014 |
| FY2013 | Dec 31, 2012 | $316.45M | Mar 5, 2014 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $214.88M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $197.06M | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $176.23M | Mar 11, 2025 |
| FY2023 | Dec 31, 2022 | $167.27M | Mar 1, 2024 |
| FY2022 | Dec 31, 2021 | $145.81M | Nov 8, 2023 |
| FY2021 | Dec 31, 2020 | $128.76M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $108.67M | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $91.43M | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $74.06M | Mar 8, 2019 |
| FY2017 | Dec 31, 2016 | $65.39M | Mar 9, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.80M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $4.23M | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | $2.39M | Mar 11, 2025 |
| FY2023 | Dec 31, 2022 | $3.83M | Mar 1, 2024 |
| FY2022 | Dec 31, 2021 | $3.53M | Nov 8, 2023 |
| FY2021 | Dec 31, 2020 | $4.49M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $2.23M | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $3.71M | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $4.94M | Mar 8, 2019 |
| FY2017 | Dec 31, 2016 | $3.88M | Mar 9, 2018 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $364.74M | Mar 1, 2024 |
| FY2023 | Dec 31, 2022 | $306.39M | Mar 1, 2024 |
| FY2022 | Dec 31, 2021 | $311.15M | Nov 8, 2023 |
| FY2021 | Dec 31, 2020 | $277.24M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $234.40M | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $162.90M | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | $147.85M | Mar 8, 2019 |
| FY2017 | Dec 31, 2016 | $142.49M | Mar 9, 2018 |
| FY2016 | Dec 31, 2015 | $140.28M | Mar 3, 2017 |
| FY2015 | Dec 31, 2014 | $140.03M | Mar 4, 2016 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2 | Feb 19, 2026 |
| FY2024 | Dec 31, 2024 | 0 | Mar 11, 2025 |
| FY2024 | Sep 30, 2024 | 0 | Mar 11, 2025 |
| FY2024 | Jun 30, 2024 | 0 | Mar 11, 2025 |
| FY2024 | Mar 31, 2024 | 0 | Mar 11, 2025 |
| FY2024 | Dec 31, 2023 | 0 | Mar 11, 2025 |
| FY2024 | Sep 30, 2023 | 0 | Mar 11, 2025 |
| FY2024 | Jun 30, 2023 | 0 | Mar 11, 2025 |
| FY2024 | Mar 31, 2023 | 0 | Mar 11, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Mar 1, 2024 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2 | Feb 19, 2026 |
| FY2024 | Dec 31, 2024 | 0 | Mar 11, 2025 |
| FY2024 | Sep 30, 2024 | 0 | Mar 11, 2025 |
| FY2024 | Jun 30, 2024 | 0 | Mar 11, 2025 |
| FY2024 | Mar 31, 2024 | 0 | Mar 11, 2025 |
| FY2024 | Dec 31, 2023 | 0 | Mar 11, 2025 |
| FY2024 | Sep 30, 2023 | 0 | Mar 11, 2025 |
| FY2024 | Jun 30, 2023 | 0 | Mar 11, 2025 |
| FY2024 | Mar 31, 2023 | 0 | Mar 11, 2025 |
| FY2023 | Dec 31, 2022 | 0 | Mar 1, 2024 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 18.52M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | 17.89M | Feb 19, 2026 |
| FY2024 | Dec 31, 2023 | 17.82M | Mar 11, 2025 |
| FY2023 | Dec 31, 2022 | 17.64M | Mar 1, 2024 |
| FY2022 | Dec 31, 2021 | 17,522 | Nov 8, 2023 |
| FY2021 | Dec 31, 2020 | 17.47M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | 17.43M | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | 16.40M | Feb 27, 2020 |
| FY2018 | Dec 31, 2017 | 16.35M | Mar 8, 2019 |
| FY2017 | Dec 31, 2016 | 16.30M | Mar 9, 2018 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $24.92M | Feb 19, 2026 |
| FY2025 | Dec 31, 2024 | $23.41M | Feb 19, 2026 |
| FY2025 | Dec 31, 2023 | $22.44M | Feb 19, 2026 |
| FY2024 | Dec 31, 2022 | $20.81M | Mar 11, 2025 |
| FY2023 | Dec 31, 2021 | $19.37M | Mar 1, 2024 |
| FY2022 | Dec 31, 2020 | $18.18M | Nov 8, 2023 |
| FY2021 | Dec 31, 2019 | $16.17M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $14.93M | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $14.00M | Feb 27, 2020 |
| FY2018 | Dec 31, 2016 | $13.14M | Mar 8, 2019 |