Last quarter (Q4 2023), Middlesex Water Company's total revenue was $38.60M, an increase of 14.92% from the same quarter last year. In Q4, Middlesex Water Company's net income was $5.74M. See Middlesex Water Company’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 166.27M	$ 166.27M	$ 162.43M	$ 143.14M	$ 141.59M	$ 134.60M
Cost of Revenue	-	-	-	-	$ 70.80M	$ 67.98M
Gross Profit	$ 166.27M	$ 166.27M	$ 162.43M	$ 143.14M	$ 70.80M	$ 66.62M
Operating Expense	$ 65.72M	$ 127.05M	$ 120.33M	$ -109.93M	$ 33.38M	$ 31.10M
Operating Income	$ 102.45M	$ 39.22M	$ 47.33M	$ 33.21M	$ 37.42M	$ 35.52M
Net Non Operating Interest Income Expense	$ -7.95M	$ -13.14M	$ -9.37M	$ -8.11M	$ -7.49M	$ -7.26M
Other Income Expense	$ -4.05M	$ -4.05M	$ -10.62M	$ -3.31M	$ 4.38M	$ 2.49M
Pretax Income	$ 32.56M	$ 32.56M	$ 45.67M	$ 31.05M	$ 34.31M	$ 30.75M
Tax Provision	$ -435.00K	$ 1.04M	$ 3.24M	$ -5.49M	$ -4.12M	$ -3.14M
Earnings From Equity Interest Net Of Tax	-	-	$ 5.23M	-	-	-
Net Income Common Stockholders	$ 58.13M	$ 31.40M	$ 42.31M	$ 33.77M	$ 38.30M	$ 33.76M
Basic EPS	$ 1.77	$ 1.77	$ 2.40	$ 2.08	$ 2.19	$ 2.02
Diluted EPS	$ 1.76	$ 1.76	$ 2.39	$ 2.07	$ 2.18	$ 2.01
Basic Average Shares	$ 70.93K	$ 17.73K	$ 17.60K	$ 17.49K	$ 17.46M	$ 16.68M
Diluted Average Shares	$ 71.39K	$ 17.85K	$ 17.71K	$ 17.61K	$ 17.57M	$ 16.83M
Dividend Per Share	$ 1.57	$ 1.26	$ 1.18	$ 1.11	$ 1.04	$ 0.98
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 65.72M	$ 127.05M	$ 120.33M	$ -109.93M	$ 104.17M	$ 99.08M
Interest Expense	-	-	-	-	$ 7.49M	$ 7.26M
Net Income From Continuing And Discontinued Operation	$ 31.52M	$ 31.52M	$ 42.43M	$ 33.89M	$ 38.42M	$ 33.89M
Normalized Income	$ 29.75M	$ 32.21M	$ 43.78M	-	$ 35.49M	$ 31.59M
EBIT	$ 40.52M	$ 45.71M	$ 55.04M	$ 39.17M	$ 41.80M	$ 38.01M
EBITDA	$ 69.96M	$ 75.15M	$ 82.51M	$ 65.97M	$ 62.64M	$ 55.24M

Currency in USD

Middlesex Water Company Earnings and Revenue History

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