MIDDLESEX WATER CO

For the period ended Jun 30, 2025. Filed Jul 31, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Jul 31, 2025

MSEX$59.87+0.6%Stored close · as of Nov 6, 2026

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Contents

FINANCIAL INFORMATION Financial Statements (Unaudited): Condensed Consolidated Statements of Income

(In thousands except per share amounts)

	Three Months Ended June 30,		Six Months Ended June 30,
	2025	2024	2025	2024
Operating Revenues	$49,323	$49,146	$93,624	$89,670
Operating Expenses:
Operations and Maintenance	23,066	21,825	44,175	42,290
Depreciation	6,703	6,305	13,230	11,701
Other Taxes	5,642	5,701	10,750	10,499
Total Operating Expenses	35,411	33,831	68,155	64,490
Operating Income	13,912	15,315	25,469	25,180
Other Income (Expense):
Allowance for Funds Used During Construction	413	257	786	433
Other Income (Expense), net	1,485	2,399	2,910	7,588
Total Other Income, net	1,898	2,656	3,696	8,021
Interest Charges	3,623	4,041	6,336	7,310
Income before Income Taxes	12,187	13,930	22,829	25,891
Income Taxes	1,409	3,384	2,571	4,663
Net Income	10,778	10,546	20,258	21,228
Preferred Stock Dividend Requirements	19	30	41	60
Earnings Applicable to Common Stock	$10,759	$10,516	$20,217	$21,168
Earnings per share of Common Stock:
Basic	$0.60	$0.59	$1.13	$1.19
Diluted	$0.60	$0.59	$1.13	$1.18
Average Number of
Common Shares Outstanding :
Basic	17,962	17,829	17,926	17,824
Diluted	17,993	17,944	17,957	17,939

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.