Middlesex Water CoMSEX
What Middlesex Water Co does.
The terms “the Company,” “we,” “our,” and “us” collectively refer to Middlesex Water Company (Middlesex) and its subsidiaries, including Tidewater Utilities, Inc. (Tidewater) and Tidewater’s wholly-owned subsidiaries, Southern Shores Water Company, LLC (Southern Shores) and White Marsh Environmental Systems, Inc. (White Marsh). The Company’s other subsidiaries are Pinelands Water Company (Pinelands Water) and Pinelands Wastewater Company (Pinelands Wastewater) (collectively, Pinelands), Utility Service Affiliates, Inc. (USA) and Utility Service Affiliates (Perth Amboy) Inc. (USA-PA).
Middlesex was incorporated as a water utility company in 1897 and owns and operates regulated water utility and wastewater systems primarily in New Jersey and Delaware. Middlesex also operates water and wastewater systems under contract on behalf of municipal and private clients primarily in New Jersey and Delaware. Across our regulated utility systems, we serve approximately 131,000 customers. We operate water and wastewater systems under unregulated contracts for governmental entities and private entities.
Our principal executive offices are located at 485C Route 1 South, Suite 400, Iselin, New Jersey 08830. Our telephone number is (732) 634-1500. Our website address is www.middlesexwater.com. Information contained on our website is not part of this Annual Report on Form 10-K. We make available, free of charge through our website, reports and amendments filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, after such material is electronically filed with or furnished to the United States Securities and Exchange Commission (the SEC). We also periodically provide certain information for investors on our website, and our investor relations website, investors.middlesexwater.com. This includes press releases and other information about dividends on the Company’s equity securities.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $141.4M | $143.0M | $162.3M | $166.3M | $191.9M | $194.7M |
| Net income | $38.4M | $36.5M | $42.4M | $31.5M | $44.4M | $42.8M |
| Free cash flow | -$52.3M | -$46.4M | -$30.0M | -$37.4M | -$15.9M | — |
More on MSEX.
- Middlesex Water Co summary
- Middlesex Water Co financial statements
- Middlesex Water Co key metrics
- Middlesex Water Co health scores and style box
- Middlesex Water Co earnings
- Middlesex Water Co dividends
- Middlesex Water Co valuation
- Middlesex Water Co ownership and insiders
- Middlesex Water Co peers
Figures from Middlesex Water Co's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.