Growth Metrics

Middlesex Water (MSEX) Operating Income (2010 - 2026)

Middlesex Water recorded quarterly Operating Income of $13.1 million in Q1 2026, up 16.93% quarter-over-quarter from $11.2 million in Q4 2025, and up 13.37% year-over-year from $11.6 million in Q1 2025.

Middlesex Water's Operating Income history runs 17 years deep, the most recent figure standing at $13.1 million for Q1 2026.

  • In Q1 2026, Operating Income rose 13.37% year-over-year to $13.1 million; the TTM figure through Mar 2026 stood at $55.9 million (up 1.86% YoY), while the FY2025 annual figure was $54.4 million, up 416.44% from the prior year.
  • Operating Income came in at $13.1 million for Q1 2026 at Middlesex Water, up from $11.2 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $17.7 million in Q3 2025 to a low of $7.5 million in Q1 2023.
  • A 5-year average of $12.2 million and a median of $11.6 million in 2025 frame the typical range for Operating Income.
  • Across the five-year window, Operating Income jumped 122.28% in 2022 and slumped 40.19% in 2023, its largest moves.
  • Middlesex Water's Operating Income stood at $8.1 million in 2022, then rose by 1.17% to $8.2 million in 2023, then climbed by 27.75% to $10.5 million in 2024, then rose by 6.42% to $11.2 million in 2025, then rose by 16.93% to $13.1 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $13.1 million, $11.2 million, and $17.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 American Water Works Company 24.16 Bn 24.02 Bn 714.00 Mn 391.00 Mn
2 Aris Mining 20.33 Bn 19.86 Bn 233.28 Mn 179.05 Mn
3 Essential Utilities 10.48 Bn 10.40 Bn 685.96 Mn 310.64 Mn
4 American States Water 2.94 Bn 2.93 Bn 104.19 Mn 45.04 Mn
5 California Water Service 2.58 Bn 2.48 Bn 183.34 Mn 18.16 Mn
6 H2O America 2.18 Bn 2.03 Bn 171.30 Mn 37.43 Mn
7 Middlesex Water 959.61 Mn 957.57 Mn 25.70 Mn 13.10 Mn
8 Consolidated Water 465.28 Mn 344.14 Mn 10.92 Mn 3.44 Mn
9 York Water 430.12 Mn 430.12 Mn 13.98 Mn 6.35 Mn
10 Artesian Resources 332.86 Mn 328.60 Mn 26.56 Mn 6.28 Mn

Historic Data

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DateValue
Mar 31, 2026 13.10 Mn
Dec 31, 2025 11.21 Mn
Sep 30, 2025 17.70 Mn
Jun 30, 2025 13.91 Mn
Mar 31, 2025 11.56 Mn
Dec 31, 2024 10.53 Mn
Sep 30, 2024 17.50 Mn
Jun 30, 2024 15.32 Mn
Mar 31, 2024 9.87 Mn
Dec 31, 2023 8.24 Mn
Sep 30, 2023 12.82 Mn
Jun 30, 2023 10.67 Mn
Mar 31, 2023 7.49 Mn
Dec 31, 2022 8.15 Mn
Sep 30, 2022 16.58 Mn
Jun 30, 2022 10.09 Mn
Mar 31, 2022 12.52 Mn
Dec 31, 2021 6.34 Mn
Sep 30, 2021 11.42 Mn
Jun 30, 2021 9.81 Mn
Mar 31, 2021 5.63 Mn
Dec 31, 2020 8.33 Mn
Sep 30, 2020 13.18 Mn
Jun 30, 2020 9.39 Mn
Mar 31, 2020 6.53 Mn
Dec 31, 2019 7.56 Mn
Sep 30, 2019 11.98 Mn
Jun 30, 2019 8.95 Mn
Mar 31, 2019 7.03 Mn
Dec 31, 2018 -22.98 Mn
Sep 30, 2018 12.92 Mn
Jun 30, 2018 10.72 Mn
Mar 31, 2018 6.35 Mn
Dec 31, 2017 8.26 Mn
Sep 30, 2017 12.60 Mn
Jun 30, 2017 9.36 Mn
Mar 31, 2017 7.58 Mn
Mar 31, 2016 8.30 Mn
Dec 31, 2015 8.46 Mn
Sep 30, 2015 11.46 Mn
Jun 30, 2015 9.24 Mn
Mar 31, 2015 6.69 Mn
Dec 31, 2014 8.06 Mn
Sep 30, 2014 11.62 Mn
Jun 30, 2014 8.75 Mn
Mar 31, 2014 5.97 Mn
Dec 31, 2013 6.66 Mn
Sep 30, 2013 10.27 Mn
Jun 30, 2013 8.17 Mn
Mar 31, 2013 5.87 Mn
Dec 31, 2012 5.72 Mn
Sep 30, 2012 10.84 Mn
Jun 30, 2012 7.21 Mn
Mar 31, 2012 3.88 Mn
Dec 31, 2011 4.18 Mn
Sep 30, 2011 8.52 Mn
Jun 30, 2011 6.74 Mn
Mar 31, 2011 4.77 Mn
Dec 31, 2010 5.39 Mn
Sep 30, 2010 10.02 Mn
Jun 30, 2010 7.89 Mn