Middlesex Water (MSEX) Revenue & Revenue Breakdown
Middlesex Water Revenue Highlights
Latest Revenue (Y)
$166.27M
Latest Revenue (Q)
$49.15M
Main Segment (Y)
Regulated
Main Geography (Y)
Regulated
Middlesex Water Revenue by Period
Middlesex Water Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $166.27M | 2.36% |
| 2022-12-31 | $162.43M | 13.48% |
| 2021-12-31 | $143.14M | 1.09% |
| 2020-12-31 | $141.59M | 5.20% |
| 2019-12-31 | $134.60M | -2.52% |
| 2018-12-31 | $138.08M | 5.58% |
| 2017-12-31 | $130.78M | -1.60% |
| 2016-12-31 | $132.91M | 5.46% |
| 2015-12-31 | $126.03M | 7.59% |
| 2014-12-31 | $117.14M | 2.00% |
| 2013-12-31 | $114.85M | 4.05% |
| 2012-12-31 | $110.38M | 8.14% |
| 2011-12-31 | $102.07M | -0.65% |
| 2010-12-31 | $102.73M | 12.59% |
| 2009-12-31 | $91.24M | 0.23% |
| 2008-12-31 | $91.04M | 5.72% |
| 2007-12-31 | $86.11M | 6.23% |
| 2006-12-31 | $81.06M | 8.64% |
| 2005-12-31 | $74.61M | 5.10% |
| 2004-12-31 | $70.99M | 10.73% |
| 2003-12-31 | $64.11M | 3.52% |
| 2002-12-31 | $61.93M | 3.85% |
| 2001-12-31 | $59.64M | 9.47% |
| 2000-12-31 | $54.48M | 1.83% |
| 1999-12-31 | $53.50M | 24.13% |
| 1998-12-31 | $43.10M | 6.95% |
| 1997-12-31 | $40.30M | 6.05% |
| 1996-12-31 | $38.00M | 0.53% |
| 1995-12-31 | $37.80M | 4.71% |
| 1994-12-31 | $36.10M | 1.69% |
| 1993-12-31 | $35.50M | - |
Middlesex Water generated $166.27M in revenue during NA 2023, up 2.36% compared to the previous quarter, and up 120.42% compared to the same period a year ago.
Middlesex Water Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $49.15M | 21.28% |
| 2024-03-31 | $40.52M | 4.98% |
| 2023-12-31 | $38.60M | -17.37% |
| 2023-09-30 | $46.72M | 9.14% |
| 2023-06-30 | $42.80M | 12.17% |
| 2023-03-31 | $38.16M | -1.72% |
| 2022-12-31 | $38.82M | -18.66% |
| 2022-09-30 | $47.73M | 20.28% |
| 2022-06-30 | $39.68M | 9.63% |
| 2022-03-31 | $36.20M | 6.38% |
| 2021-12-31 | $34.02M | -14.67% |
| 2021-09-30 | $39.87M | 8.65% |
| 2021-06-30 | $36.70M | 12.78% |
| 2021-03-31 | $32.54M | -6.02% |
| 2020-12-31 | $34.63M | -13.26% |
| 2020-09-30 | $39.92M | 13.16% |
| 2020-06-30 | $35.28M | 11.04% |
| 2020-03-31 | $31.77M | -2.96% |
| 2019-12-31 | $32.74M | -13.32% |
| 2019-09-30 | $37.77M | 13.10% |
| 2019-06-30 | $33.39M | 8.78% |
| 2019-03-31 | $30.70M | -7.73% |
| 2018-12-31 | $33.27M | -14.07% |
| 2018-09-30 | $38.71M | 10.87% |
| 2018-06-30 | $34.92M | 12.00% |
| 2018-03-31 | $31.18M | -0.89% |
| 2017-12-31 | $31.46M | -13.04% |
| 2017-09-30 | $36.17M | 9.57% |
| 2017-06-30 | $33.01M | 9.57% |
| 2017-03-31 | $30.13M | -5.27% |
| 2016-12-31 | $31.81M | -15.84% |
| 2016-09-30 | $37.79M | 15.49% |
| 2016-06-30 | $32.73M | 7.02% |
| 2016-03-31 | $30.58M | -1.12% |
| 2015-12-31 | $30.93M | -10.76% |
| 2015-09-30 | $34.65M | 9.44% |
| 2015-06-30 | $31.67M | 10.03% |
| 2015-03-31 | $28.78M | 2.39% |
| 2014-12-31 | $28.11M | -13.96% |
| 2014-09-30 | $32.67M | 11.92% |
| 2014-06-30 | $29.19M | 7.42% |
| 2014-03-31 | $27.17M | -0.91% |
| 2013-12-31 | $27.42M | -12.35% |
| 2013-09-30 | $31.29M | 7.50% |
| 2013-06-30 | $29.10M | 7.63% |
| 2013-03-31 | $27.04M | -0.15% |
| 2012-12-31 | $27.08M | -16.30% |
| 2012-09-30 | $32.35M | 18.07% |
| 2012-06-30 | $27.40M | 16.37% |
| 2012-03-31 | $23.55M | 1.06% |
| 2011-12-31 | $23.30M | -18.73% |
| 2011-09-30 | $28.67M | 9.84% |
| 2011-06-30 | $26.10M | 8.78% |
| 2011-03-31 | $24.00M | -3.89% |
| 2010-12-31 | $24.97M | -15.61% |
| 2010-09-30 | $29.59M | 11.48% |
| 2010-06-30 | $26.54M | 22.61% |
| 2010-03-31 | $21.64M | -1.97% |
| 2009-12-31 | $22.08M | -13.41% |
| 2009-09-30 | $25.50M | 10.46% |
| 2009-06-30 | $23.08M | 12.15% |
| 2009-03-31 | $20.58M | -4.24% |
| 2008-12-31 | $21.50M | -16.21% |
| 2008-09-30 | $25.65M | 11.37% |
| 2008-06-30 | $23.04M | 10.45% |
| 2008-03-31 | $20.86M | -1.84% |
| 2007-12-31 | $21.25M | - |
Middlesex Water generated $49.15M in revenue during Q2 2024, up 21.28% compared to the previous quarter, and up 128.80% compared to the same period a year ago.
Middlesex Water Revenue Breakdown
Middlesex Water Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|
| Non - Regulated | $12.54M | $12.18M | $16.78M |
| Regulated | $129.85M | $123.08M | $121.90M |
Middlesex Water's latest annual revenue breakdown by segment (product or service), as of Dec 20: Regulated (91.19%), and Non - Regulated (8.81%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Sep 22 | Jun 22 | Mar 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Industrial Member | $3.64M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Commercial Member | $8.58M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Residential Member | $24.74M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Non - Regulated | - | $3.43M | $2.88M | $3.01M | $3.00M | $3.40M | $3.26M | $3.20M | $3.20M | $3.18M | $2.96M | $3.15M | $3.02M | $3.09M | $2.92M | $4.49M | $4.30M | $3.88M | $4.10M |
| Regulated | - | $44.86M | $37.04M | $33.33M | $37.40M | $33.61M | $29.42M | $31.59M | $37.04M | $32.29M | $28.94M | $29.74M | $35.00M | $30.44M | $27.90M | $28.90M | $34.63M | $31.17M | $27.21M |
Middlesex Water's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Residential Member (66.93%), Commercial Member (23.23%), and Industrial Member (9.85%).
Middlesex Water Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|
| Regulated | $129.85M | $123.08M | $121.90M |
| Non - Regulated | $12.54M | $12.18M | $16.78M |
Middlesex Water's latest annual revenue breakdown by geography, as of Dec 20: Regulated (91.19%), and Non - Regulated (8.81%).
Quarterly Revenue by Country
| Country | Sep 22 | Jun 22 | Mar 22 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Regulated | $44.86M | $37.04M | $33.33M | $37.40M | $33.61M | $29.42M | $31.59M | $37.04M | $32.29M | $28.94M | $29.74M | $35.00M | $30.44M | $27.90M | $28.90M | $34.63M | $31.17M | $27.21M |
| Non - Regulated | $3.43M | $2.88M | $3.01M | $3.00M | $3.40M | $3.26M | $3.20M | $3.20M | $3.18M | $2.96M | $3.15M | $3.02M | $3.09M | $2.92M | $4.49M | $4.30M | $3.88M | $4.10M |
Middlesex Water's latest quarterly revenue breakdown by geography, as of Sep 22: Regulated (92.90%), and Non - Regulated (7.10%).
Middlesex Water Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| AWK | American Water Works | $4.23B | $1.15B |
| WTRG | Essential Utilities | $2.05B | $434.41M |
| CWT | California Water Service Group | $794.63M | $244.30M |
| SJW | SJW Group | $670.36M | $176.17M |
| AWR | American States Water | $595.70M | $155.33M |
| CWCO | Consolidated Water | $180.21M | $32.48M |
| MSEX | Middlesex Water | $166.27M | $49.15M |
| ARTNA | Artesian Resources | $98.86M | $27.42M |
| YORW | York Water | $71.03M | $18.75M |
| GWRS | Global Water Resources | $53.03M | $11.61M |
MSEX Revenue FAQ
What is Middlesex Water’s yearly revenue?
Middlesex Water's yearly revenue for 2023 was $166.27M, representing an increase of 2.36% compared to 2022. The company's yearly revenue for 2022 was $162.43M, representing an increase of 13.48% compared to 2021. MSEX's yearly revenue for 2021 was $143.14M, representing an increase of 1.09% compared to 2020.
What is Middlesex Water’s quarterly revenue?
Middlesex Water's quarterly revenue for Q2 2024 was $49.15M, a 21.28% increase from the previous quarter (Q1 2024), and a 14.82% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $40.52M, a 4.98% increase from the previous quarter (Q4 2023), and a 6.21% increase year-over-year (Q1 2023). MSEX's quarterly revenue for Q4 2023 was $38.6M, a -17.37% decrease from the previous quarter (Q3 2023), and a -0.57% decrease year-over-year (Q4 2022).
What is Middlesex Water’s revenue growth rate?
Middlesex Water's revenue growth rate for the last 3 years (2021-2023) was 16.16%, and for the last 5 years (2019-2023) was 23.53%.
What are Middlesex Water’s revenue streams?
Middlesex Water's revenue streams in c 20 are Non - Regulated, and Regulated. Non - Regulated generated $12.54M in revenue, accounting 8.81% of the company's total revenue, up 3.02% year-over-year. Regulated generated $129.85M in revenue, accounting 91.19% of the company's total revenue, up 5.50% year-over-year.
What is Middlesex Water’s main source of revenue?
For the fiscal year ending Dec 20, the largest source of revenue of Middlesex Water was Regulated. This segment made a revenue of $129.85M, representing 91.19% of the company's total revenue.