What is Middlesex Water Company's capex?

Middlesex Water Company (MSEX) reported capex of $25.14M in Q4 2024.

How has Middlesex Water Company's capex changed year-over-year?

Middlesex Water Company's capex increased by 47.0% year-over-year, from $17.11M to $25.14M.

What is the long-term trend for Middlesex Water Company's capex?

Over 3 years (2021 to 2024), Middlesex Water Company's capex has grown at a -2.0% compound annual growth rate (CAGR), from $79.38M to $74.62M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Middlesex Water Company MSEX CapEx

Discontinued — last reported Q4 '24

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Other financials

Income statement

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Revenue$48.7M+10.0%

Operating income$13.1M+13.4%

Net income$10.6M+11.9%

EPS (diluted)$0.57+7.5%

Balance sheet

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Cash & equivalents$3.7M+39.8%

Total debt$381.0M-46.5%

Total equity$501.0M+11.6%

Total assets$1.4B+8.4%

Cash flow

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Operating cash flow$11.7M-14.9%

Free cash flow-$3.7M+13.0%

Valuation

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Market cap$1.01B+0.1%

Enterprise value$1.38B-19.3%

P/E22.9×-0.4×

P/S5.1×-0.1×

Profitability

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Operating margin28.1%0.0pp

Net margin22.1%0.0pp

FCF margin-8.3%-3.2pp

Returns & leverage

See full

Return on equity9.3%-0.6pp

Debt / equity0.8×-0.8×

Current ratio0.4×-0.1×

Where this comes from

Reported directly by Middlesex Water Company in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Middlesex Water Company’s 10-K/A, filed March 11, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Middlesex Water Company's capex?: Middlesex Water Company (MSEX) reported capex of $25.14M in Q4 2024.
How has Middlesex Water Company's capex changed year-over-year?: Middlesex Water Company's capex increased by 47.0% year-over-year, from $17.11M to $25.14M.
What is the long-term trend for Middlesex Water Company's capex?: Over 3 years (2021 to 2024), Middlesex Water Company's capex has grown at a -2.0% compound annual growth rate (CAGR), from $79.38M to $74.62M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.