Middlesex Water (MSEX) Operating Expenses (2017 - 2025)

Middlesex Water's Operating Expenses history spans 15 years, with the latest figure at $35.8 million for Q4 2025.

  • For Q4 2025, Operating Expenses fell 2.2% year-over-year to $35.8 million; the TTM value through Dec 2025 reached $140.3 million, up 1.19%, while the annual FY2025 figure was $140.3 million, 1.19% up from the prior year.
  • Operating Expenses for Q4 2025 was $35.8 million at Middlesex Water, down from $36.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $37.6 million in Q3 2024 and bottomed at $26.9 million in Q2 2021.
  • The 5-year median for Operating Expenses is $30.9 million (2022), against an average of $31.8 million.
  • The largest annual shift saw Operating Expenses increased 20.48% in 2024 before it dropped 3.22% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $27.7 million in 2021, then increased by 10.8% to $30.7 million in 2022, then decreased by 1.03% to $30.4 million in 2023, then increased by 20.48% to $36.6 million in 2024, then fell by 2.2% to $35.8 million in 2025.
  • Per Business Quant, the three most recent readings for MSEX's Operating Expenses are $35.8 million (Q4 2025), $36.4 million (Q3 2025), and $35.4 million (Q2 2025).