Middlesex Water Co financials
$53.20+1.43%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $56.4M | $48.7M | $47.0M | $54.1M | $49.3M | $44.3M | $47.1M | $55.1M | $49.1M | $40.5M | $38.6M | $46.7M |
| Gross profit | $56.4M | $48.7M | $47.0M | $54.1M | $49.3M | $44.3M | $47.1M | $55.1M | $49.1M | $40.5M | $38.6M | $46.7M |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $18.2M | $13.1M | $11.2M | $17.7M | $13.9M | $11.6M | $10.5M | $17.5M | $15.3M | $9.9M | $8.2M | $12.8M |
| Net income | $14.8M | $10.6M | $8.6M | $13.9M | $10.8M | $9.5M | $8.8M | $14.3M | $10.5M | $10.7M | $5.7M | $10.0M |
| Net margin | 26.2% | 21.7% | 18.3% | 25.8% | 21.8% | 21.3% | 18.6% | 25.9% | 21.4% | 26.3% | 14.9% | 21.3% |
| Diluted EPS | $0.79 | $0.57 | $0.47 | $0.77 | $0.60 | $0.53 | $0.49 | $0.80 | $0.59 | $0.59 | $0.32 | $0.56 |
| EBITDA | $25.2M | $21.3M | $19.7M | $26.2M | $21.5M | $19.5M | $18.3M | $24.7M | $22.3M | $15.8M | $8.2M | $20.4M |
| Operating cash flow | $16.4M | $11.7M | $18.5M | $12.0M | $18.3M | $13.8M | $21.4M | $19.5M | $11.2M | $6.7M | $12.8M | $10.7M |
| Free cash flow | -$16.6M | -$8.9M | -$6.3M | -$59.6M | -$18.0M | -$5.1M | -$3.7M | -$30.0M | $11.2M | $6.7M | -$4.3M | -$11.7M |
| Diluted shares | 18.7M | 18.6M | 18.5M | 18.2M | 18.0M | 18.0M | 18.0M | 18.0M | 17.9M | 17.9M | 17.9M | 17.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.8M | $2.0M | $2.8M | $3.4M | $2.6M | $2.7M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $437.2M | $426.3M | $415.0M | $412.8M | $413.9M | $393.0M |
| Total assets | $1.42B | $1.39B | $1.37B | $1.34B | $1.32B | $1.28B |
| Total liabilities | $706.4M | $691.7M | $679.2M | $668.5M | $669.6M | $645.3M |
| Shareholders' equity | $717.1M | $694.4M | $686.6M | $673.5M | $646.3M | $633.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology