Company / Net Income
Middlesex Water Company Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$42.8M
FY2025
5-year range
$31.5M / $44.4M
FY2021-FY2025
Trend
-3.4%
vs FY2024
Sector context
#64 of 73
Utilities
What the data says
Middlesex Water Company's net income of $43M is lower than 88% of companies in the Utilities sector (FY2025). Net Income has fluctuated over the past 10 years, ranging from $23M in FY2016 to $44M in FY2024.
Based on SEC 10-K filings.
$43M in FY2025 with a 5-year CAGR of +2.2%.
Improved from $32M to $43M over the past 2 years.
Utilities sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- +0.3%
- 5-Year CAGR
- +2.2%
- 10-Year CAGR
- -
Sector benchmark
Bottom 12% in UtilitiesTop 88% of 73This company $42.8M Sector average $1.2B
▼
-96.5% below sector average
Key checks
Key Insights
- 5-year CAGR of +2.2%, indicating consistent growth.
- In FY2025, net income decreased 3.4% year-over-year.
- Ranks #64 out of 73 companies in the Utilities sector.
- Peak net income was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.61 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $42.8M | -3.4% |
| FY2024 | $44.4M | +40.7% |
| FY2023 | $31.5M | -25.7% |
| FY2022 | $42.4M | +16.1% |
| FY2021 | $36.5M | -4.9% |
| FY2020 | $38.4M | +13.4% |
| FY2019 | $33.9M | +4.4% |
| FY2018 | $32.5M | +42.3% |
| FY2017 | $22.8M | +0.3% |
| FY2016 | $22.7M | +13.6% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026