Growth Metrics

Middlesex Water (MSEX) Net Margin (2017 - 2025)

Middlesex Water's Net Margin history spans 15 years, with the latest figure at 18.28% for Q4 2025.

  • For Q4 2025, Net Margin fell 32.0% year-over-year to 18.28%; the TTM value through Dec 2025 reached 21.96%, down 109.0%, while the annual FY2025 figure was 21.96%, 110.0% down from the prior year.
  • Net Margin for Q4 2025 was 18.28% at Middlesex Water, down from 25.78% in the prior quarter.
  • Across five years, Net Margin topped out at 33.35% in Q1 2022 and bottomed at 14.85% in Q4 2023.
  • The 5-year median for Net Margin is 21.61% (2024), against an average of 22.93%.
  • The largest annual shift saw Net Margin soared 1219bps in 2022 before it plummeted -1803bps in 2023.
  • A 5-year view of Net Margin shows it stood at 21.04% in 2021, then dropped by -13bps to 18.36% in 2022, then fell by -19bps to 14.85% in 2023, then increased by 25bps to 18.6% in 2024, then dropped by -2bps to 18.28% in 2025.
  • Per Business Quant, the three most recent readings for MSEX's Net Margin are 18.28% (Q4 2025), 25.78% (Q3 2025), and 21.81% (Q2 2025).