Middlesex Water Company PFD 7% (MSEXP)

USD 668.0

(0.0%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 166.27 Million 162.43 Million 143.14 Million 141.59 Million 134.59 Million 138.07 Million
Cost of Revenue 83.11 Million 79.09 Million 73.67 Million 70.79 Million 67.98 Million 71.57 Million
Gross Profit 83.16 Million 83.33 Million 69.47 Million 70.79 Million 66.61 Million 66.5 Million
Operating Expenses 18.74 Million 38.92 Million 36.25 Million 29.36 Million 31.09 Million 29.36 Million
Selling, General and Administrative Expenses -25.19 Million - - - - -
Research and Development Expenses - - - - - -
Other Expenses 43.93 Million 38.92 Million 36.25 Million 29.36 Million 31.09 Million 1.63 Million
Cost and Expenses 127.05 Million 118.01 Million 109.93 Million 100.15 Million 99.07 Million 100.93 Million
Operating Income 39.22 Million 47.33 Million 33.21 Million 37.42 Million 35.52 Million 37.14 Million
Interest Expense 10.71 Million 9.36 Million 8.11 Million 7.49 Million 7.26 Million 6.75 Million
Income Tax Expense 1.04 Million 3.24 Million -5.48 Million -4.11 Million -3.14 Million 924 Thousand
Earnings before Tax 32.56 Million 45.66 Million 31.05 Million 34.3 Million 30.74 Million 33.37 Million
Net Income 31.52 Million 42.42 Million 36.54 Million 38.42 Million 33.88 Million 32.45 Million
Earnings Per Share Basic 1.77 2.40 2.08 2.19 2.02 1.98
Earnings Per Share Diluted 1.76 2.39 2.07 2.18 2.01 1.96
Weighted Average Shares Outstanding 17.73 Million 17.59 Million 17.49 Million 17.45 Million 16.68 Million 16.38 Million
Weighted Average Shares Outstanding (Diluted) 17.84 Million 17.71 Million 17.6 Million 17.57 Million 16.82 Million 16.54 Million
Gross Margin 0.50 0.51 0.49 0.50 0.49 0.48
EBIT Margin 0.45 0.45 0.40 0.44 0.38 0.39
Profit Margin 0.19 0.26 0.26 0.27 0.25 0.24
EBITDA 75.15 Million 82.51 Million 65.96 Million 62.63 Million 55.24 Million 55.91 Million
Earnings Before Tax Margin 0.24 0.29 0.23 0.26 0.26 0.27

Income Statement Charts