Company / Operating Income
Middlesex Water Company Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$54.4M
FY2025
5-year range
$33.2M / $54.4M
FY2021-FY2025
Trend
+2.2%
vs FY2024
Sector context
#67 of 71
Utilities
What the data says
Among 71 Utilities companies, Middlesex Water Company is in the bottom 6% for operating income. Operating Income has fluctuated over the past 10 years, ranging from $33M in FY2021 to $54M in FY2025.
Based on SEC 10-K filings.
$54M in FY2025 with a 5-year CAGR of +7.8%.
Improved from $39M to $54M over the past 2 years.
Utilities sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +4.7%
- 5-Year CAGR
- +7.8%
- 10-Year CAGR
- -
Sector benchmark
Bottom 6% in UtilitiesTop 94% of 71This company $54.4M Sector average $2.0B
▼
-97.2% below sector average
Key checks
Key Insights
- 5-year CAGR of +7.8%, indicating consistent growth.
- In FY2025, operating income increased 2.2% year-over-year.
- Ranks #67 out of 71 companies in the Utilities sector.
- Lowest operating income in the period was in FY2021.
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 | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $54.4M | +2.2% |
| FY2024 | $53.2M | +35.7% |
| FY2023 | $39.2M | -17.1% |
| FY2022 | $47.3M | +42.5% |
| FY2021 | $33.2M | -11.2% |
| FY2020 | $37.4M | +5.3% |
| FY2019 | $35.5M | -4.4% |
| FY2018 | $37.1M | -1.7% |
| FY2017 | $37.8M | -6.2% |
| FY2016 | $40.3M | +12.4% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026