Middlesex Water Company MSEX Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net Income (Loss) Attributable to Parent by Business | ||||||
| Non – Regulated | $403K-36.6% | $636K+2.1% | $623K-8.9% | $684K+10.1% | $621K-22.9% | |
| Regulated | $10.2M+28.0% | $7.97M-40.2% | $13.34M+32.1% | $10.09M+13.9% | $8.86M+10.7% | |
| Operating Revenues by Business | ||||||
| Non – Regulated | $3.09M-11.1% | $3.48M+5.2% | $3.31M+1.6% | $3.25M+10.2% | $2.95M-18.3% | |
| Regulated | $45.78M+4.8% | $43.68M-14.7% | $51.21M+10.7% | $46.27M+11.5% | $41.5M-5.0% | |
| Consolidated Other Income, Net by Business | ||||||
| Non – Regulated | $25K-69.5% | $82K+34.4% | $61K+60.5% | $38K-30.9% | $55K-43.9% | |
| Regulated | $2.18M+4.8% | $2.08M+3.7% | $2M-0.8% | $2.02M+6.2% | $1.9M-11.5% | |
| Consolidated Operating Income by Business | ||||||
| Non – Regulated | $590K-27.2% | $810K-7.6% | $877K-9.4% | $968K+13.1% | $856K-18.9% | |
| Regulated | $12.51M+20.4% | $10.4M-38.2% | $16.83M+30.0% | $12.94M+21.0% | $10.7M+13.0% | |
| Income Taxes by Business | ||||||
| Non – Regulated | $212K-17.5% | $257K-18.4% | $315K-2.2% | $322K+11.0% | $290K-16.4% | |
| Regulated | $1.07M+90.6% | $563K-49.6% | $1.12M+2.6% | $1.09M+24.8% | $872K+459% | |
| Other Taxes by Business | ||||||
| Non – Regulated | $68K+9.7% | $62K+17.0% | $53K-19.7% | $66K+13.8% | $58K-9.4% | |
| Regulated | $5.5M+1.9% | $5.39M-4.7% | $5.66M+1.4% | $5.58M+10.4% | $5.05M-6.1% | |
| Consolidated Assets by Business | ||||||
| Non – Regulated | $9.02M-0.6% | $9.08M+18.2% | $7.68M— | —— | —— | |
| Regulated | $1.4B+1.6% | $1.38B+1.9% | $1.35B— | —— | —— | |
| Total Capital Expenditures by Business | ||||||
| Non – Regulated | $67K+116% | $31K-86.0% | $222K+693% | $28K-51.7% | $58K+2,800% | |
| Regulated | $20.57M-16.6% | $24.68M+18.7% | $20.79M-34.4% | $31.7M+68.1% | $18.85M-25.0% | |
| Consolidated Other Operations and Maintenance Expenses by Business | ||||||
| Non – Regulated | $2.24M-7.3% | $2.41M+10.5% | $2.18M+7.5% | $2.03M+9.5% | $1.86M-19.9% | |
| Regulated | $18.99M-0.2% | $19.02M-3.1% | $19.62M+2.5% | $19.15M+9.5% | $17.49M-12.7% | |
| Depreciation by Business | ||||||
| Non – Regulated | $73K+2.8% | $71K+1.4% | $70K+7.7% | $65K+3.2% | $63K+6.8% | |
| Regulated | $6.96M+1.3% | $6.87M0.0% | $6.87M+3.5% | $6.64M+2.7% | $6.46M+1.6% | |
| Interest Charges by Business | ||||||
| Non – Regulated | $0— | $0— | $0— | $0— | $0— | |
| Regulated | $3.41M-13.3% | $3.94M-10.0% | $4.38M+15.7% | $3.78M+31.7% | $2.87M-17.2% | |
| Cost of Purchased Water by Business | ||||||
| Non – Regulated | $0— | $0— | $0— | $0— | $0— | |
| Regulated | $1.94M-8.4% | $2.12M-9.9% | $2.35M+13.2% | $2.08M+9.0% | $1.91M-25.0% | |
| Revenue from Contract with Customer, Excluding Assessed Tax by Product | ||||||
| Non-Regulated Contract Operations | $2.97M-11.5% | $3.36M+5.4% | $3.18M+1.7% | $3.13M+10.5% | $2.83M-19.0% | |
| Regulated Tariff Sales | $24.19M+1.1% | $23.93M-17.9% | $29.15M+11.1% | $26.25M+13.6% | $23.11M-3.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Middlesex Water Company break its business down?
- Middlesex Water Company (MSEX) reports net income (loss) attributable to parent by business across 2 parts — Non – Regulated and Regulated. Each is extracted from the segment footnotes and tracked over time.
- Where does Middlesex Water Company's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Middlesex Water Company's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
