Growth Metrics

Middlesex Water (MSEX) Cost of Revenue (2023 - 2025)

Middlesex Water's Cost of Revenue history spans 3 years, with the latest figure at $23.4 million for Q4 2025.

  • For Q4 2025, Cost of Revenue fell 5.41% year-over-year to $23.4 million; the TTM value through Dec 2025 reached $91.3 million, down 1.16%, while the annual FY2025 figure was $91.3 million, 1.16% down from the prior year.
  • Cost of Revenue for Q4 2025 was $23.4 million at Middlesex Water, down from $23.7 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $25.4 million in Q3 2024 and bottomed at $19.1 million in Q4 2023.
  • The 3-year median for Cost of Revenue is $23.1 million (2025), against an average of $22.5 million.
  • The largest annual shift saw Cost of Revenue increased 29.59% in 2024 before it decreased 6.39% in 2025.
  • A 3-year view of Cost of Revenue shows it stood at $19.1 million in 2023, then rose by 29.59% to $24.7 million in 2024, then dropped by 5.41% to $23.4 million in 2025.
  • Per Business Quant, the three most recent readings for MSEX's Cost of Revenue are $23.4 million (Q4 2025), $23.7 million (Q3 2025), and $23.1 million (Q2 2025).