Middlesex Water Company (MSEX) Announces 2025 Earnings

Middlesex Water Company (NASDAQ:MSEX) is one of the 11 Best Water Management Stocks to Buy.

On February 19, 2026, Middlesex Water Company (NASDAQ:MSEX) reported $42.8 million in net income for 2025, a $1.5 million decrease from 2024, and diluted earnings per share of $2.36, down from $2.47 the previous year. The corporation’s operating revenues were $194.7 million, up $2.8 million year on year, mainly due to rate hikes and client growth throughout the Middlesex, Tidewater, and Pinelands systems. Operating expenses increased by $1.7 million.

The corporation announced fourth-quarter net income of $8.6 million and diluted EPS of $0.46, compared to $8.8 million and $0.49 in the previous year’s quarter, showing increased interest expense and income taxes, which were balanced by higher operating income. Middlesex Water Company (NASDAQ:MSEX) spent $96 million on water and wastewater infrastructure in 2025, and proposes to invest $506 million in utility infrastructure from 2026 to 2028, and paid a $0.36 dividend per share.

Middlesex Water Company (MSEX) Announces 2025 Earnings

Photo by Silvan Schuppisser on Unsplash

Middlesex Water Company (NASDAQ:MSEX) owns and manages regulated water utility and wastewater systems. The company’s services include water production, treatment, and distribution, full-service municipal contract operations, and wastewater collection and treatment.

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