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Middlesex Water Company (MSEX)
NASDAQ:MSEX
US Market
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Middlesex Water Company (MSEX) Income Statement

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Middlesex Water Company Income Statement

Last quarter (Q3 2024), Middlesex Water Company's total revenue was $55.10M, an increase of 17.95% from the same quarter last year. In Q3, Middlesex Water Company's net income was $14.29M. See Middlesex Water Company’s key income statements, including revenue, expenses, profit, and income.
Income Statement
TTM
Dec 23Dec 22Dec 21Dec 20Dec 19
Total Revenue
$ 183.37M$ 166.27M$ 162.43M$ 143.14M$ 141.59M$ 134.60M
Cost of Revenue
$ 64.69M$ 83.11M$ 79.10M$ 73.67M$ 70.80M-
Gross Profit
$ 118.69M$ 83.16M$ 83.34M$ 69.47M$ 70.80M$ 134.60M
Operating Expense
$ 132.45M$ 43.94M$ 41.24M$ 109.93M$ 104.17M$ 99.08M
Operating Income
$ 50.92M$ 39.22M$ 47.33M$ 33.21M$ 37.42M$ 35.52M
Net Non Operating Interest Income Expense
$ -14.50M$ 10.71M$ 7.05M$ -8.11M$ -7.49M$ -7.26M
Other Income Expense
$ -10.13M$ 4.05M$ 10.62M$ -3.31M$ -363.00K$ 654.00K
Pretax Income
$ 47.61M$ 32.56M$ 45.67M$ 31.05M$ 34.31M$ 30.75M
Tax Provision
$ 6.30M$ 1.04M$ 3.24M$ -5.49M$ -4.12M$ -3.14M
Earnings From Equity Interest Net Of Tax
--$ 5.23M---
Net Income Common Stockholders
$ 41.19M$ 31.40M$ 42.31M$ 36.42M$ 38.30M$ 33.76M
Basic EPS
$ 2.31$ 1.77$ 2.40$ 2.08$ 2.19$ 2.02
Diluted EPS
$ 2.30$ 1.76$ 2.39$ 2.07$ 2.18$ 2.01
Basic Average Shares
$ 35.76M$ 17.73K$ 17.60K$ 17.49M$ 17.46K$ 16.68M
Diluted Average Shares
$ 35.99M$ 17.85K$ 17.71K$ 17.61M$ 17.57K$ 16.83M
Dividend Per Share
$ 1.32$ 1.26$ 1.18-$ 1.04$ 0.98
Total Operating Income As Reported
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Reported Normalized Basic E P S
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Reported Normalized Diluted E P S
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Rent Expense Supplemental
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Total Expenses
$ 157.81M$ 127.05M$ 120.33M$ 109.93M$ 104.17M$ 99.08M
Interest Expense
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Net Income From Continuing And Discontinued Operation
$ 41.31M$ 31.52M$ 42.43M$ 36.54M$ 38.42M$ 33.89M
Normalized Income
$ 41.73M$ 32.21M----
EBIT
$ 61.84M$ 43.27M$ 52.72M$ 36.52M$ 37.78M$ 38.01M
EBITDA
$ 82.38M$ 72.72M$ 80.20M$ 63.31M$ 58.62M$ 55.24M
Currency in USD

Middlesex Water Company Earnings and Revenue History

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