Growth Metrics

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

Middlesex Water's Operating Margin history spans 15 years, with the latest figure at 23.85% for Q4 2025.

  • For Q4 2025, Operating Margin rose 154.0% year-over-year to 23.85%; the TTM value through Dec 2025 reached 27.93%, up 21.0%, while the annual FY2025 figure was 27.93%, 20.0% up from the prior year.
  • Operating Margin for Q4 2025 was 23.85% at Middlesex Water, down from 32.73% in the prior quarter.
  • Across five years, Operating Margin topped out at 34.75% in Q3 2022 and bottomed at 76.29% in Q4 2022.
  • The 5-year median for Operating Margin is 25.75% (2022), against an average of 17.26%.
  • The largest annual shift saw Operating Margin crashed -8388bps in 2021 before it skyrocketed 9763bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 59.82% in 2021, then dropped by -28bps to 76.29% in 2022, then skyrocketed by 128bps to 21.34% in 2023, then grew by 5bps to 22.31% in 2024, then increased by 7bps to 23.85% in 2025.
  • Per Business Quant, the three most recent readings for MSEX's Operating Margin are 23.85% (Q4 2025), 32.73% (Q3 2025), and 28.21% (Q2 2025).