← MIDDLESEX WATER CO
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $132.7m |
$130.6m
-1.59%
|
$137.9m
+5.59%
|
$134.5m
-2.52%
|
$141.6m
+5.31%
|
$143.1m
+1.09%
|
$162.4m
+13.48%
|
$166.3m
+2.36%
|
$191.9m
+15.40%
|
$194.7m
+1.47%
|
$206.1m
+5.88%
|
|
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $137.9m | $134.5m | $141.4m | $143.0m | $162.3m | $166.1m | $191.8m | — | — | |
| Operating Costs and Expenses | — | — | — | — | — | — | — | — | $7.5m | — | — | |
| Operating Expenses | $92.3m | $92.2m | $100.9m | $99.1m | $104.2m | $109.9m | $120.3m | $127.1m | $138.7m | $140.3m | $145.9m | |
| Operating Income (Loss) | $40.6m |
$38.6m
-4.95%
|
$37.1m
-3.83%
|
$35.5m
-4.37%
|
$37.4m
+5.35%
|
$33.2m
-11.25%
|
$47.3m
+42.52%
|
$39.2m
-17.13%
|
$53.2m
+35.66%
|
$54.4m
+2.19%
|
$60.2m
+10.78%
|
|
| Interest Expense | $5.3m | $5.5m | $6.8m | $7.3m | $7.5m | $8.1m | $9.4m | $13.1m | $14.0m | $14.3m | $15.2m | |
| Other Nonoperating Income (Expense) | ($1.2m) | $915k | $1.6m | ($654k) | $363k | $3.3m | $5.4m | $4.1m | $10.8m | $5.9m | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $14.0m | $14.3m | $15.2m | |
| Other Expenses | $2.1m | $30k | — | — | — | — | — | — | — | — | — | |
| Other Income | $662k | $123k | — | — | — | — | — | — | — | — | — | |
| Other Income, net | ($1.2m) | $915k | $1.6m | ($654k) | $363k | $3.3m | $5.4m | $4.1m | $10.8m | $5.9m | $8.2m | |
| Total Other Income, net | ($862k) | $795k | $3.0m | $2.5m | $4.4m | $6.0m | $7.7m | $6.5m | $12.1m | $7.6m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $34.5m | $33.9m | $33.4m | $30.7m | $34.3m | $31.1m | $45.7m | $32.6m | $51.3m | $47.6m | $53.3m | |
| Income Tax Expense (Benefit) | $11.7m | $11.1m | $924k | ($3.1m) | ($4.1m) | ($5.5m) | $3.2m | $1.0m | $6.9m | $4.8m | $5.3m | |
| Net Income (Loss) Attributable to Parent | $22.7m |
$22.8m
+0.29%
|
$32.5m
+42.28%
|
$33.9m
+4.42%
|
$38.4m
+13.39%
|
$36.5m
-4.90%
|
$42.4m
+16.11%
|
$31.5m
-25.70%
|
$44.4m
+40.69%
|
$42.8m
-3.45%
|
$47.9m
+11.79%
|
|
| Preferred Stock Dividends and Other Adjustments | — | — | — | — | — | — | $2.1m | $2.1m | $1.6m | — | $70k | |
| Preferred Stock Dividend Requirements | $144k | $144k | $144k | $132k | $120k | $120k | $120k | $120k | $112k | $76k | — | |
| Earnings Per Share, Basic | $1.39 | $1.39 | $1.97 | $2.02 | $2.19 | $2.08 | $2.40 | $1.77 | $2.48 | $2.36 | $2.59 | |
| Earnings Per Share, Diluted | $1.38 | $1.38 | $1.96 | $2.01 | $2.18 | $2.07 | $2.39 | $1.76 | $2.47 | $2.36 | $2.59 | |
| Common Stock, Dividends, Per Share, Declared | $0.81 | $0.86 | $0.91 | $0.97 | $1.04 | $1.11 | $1.18 | $1.26 | $1.31 | $1.38 | — | |
| Preferred Stock, Dividends Per Share, Declared | $0.81 | $0.86 | $0.91 | $2.02 | $2.19 | $2.08 | $7.00 | $7.00 | $7.00 | $2.36 | $70,000.00 | |
| Weighted Average Number of Shares Outstanding, Basic | 16.3m | 16.3m | 16.4m | 16.7m | 17k | 17.5m | 18k | 18k | 17.8m | 18.1m | 18.4m | |
| Basic (in shares) | $16.3m | $16.3m | $16.4m | $16.7m | $17k | $17.5m | $18k | $18k | $17.8m | $18.1m | $18.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 16.4m | 16.5m | 16.5m | 16.8m | 18k | 17.6m | 18k | 18k | 17.9m | 18.1m | 18.5m | |
| Additional Financial Items | ||||||||||||
| Cost, Depreciation and Amortization | $12.8m | $13.9m | $15.0m | $16.7m | $18.5m | $21.1m | $23.0m | $25.2m | $24.4m | $27.1m | — | |
| Depreciation, Depletion and Amortization, Nonproduction | — | — | — | — | — | — | — | — | $28.0m | $32.5m | $27.7m | |
| Other Cost and Expense, Operating | — | — | — | — | — | — | — | — | $84.9m | — | — | |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity | $423k | $481k | $919k | $2.0m | $2.5m | $1.5m | $1.4m | $1.5m | $743k | $977k | — | |
| Operations and Maintenance | $65.5m | $64.7m | $71.6m | $68.0m | $70.8m | $73.7m | $79.1m | $83.1m | $92.4m | $91.3m | — | |
| Other Taxes | $13.9m | $13.6m | $14.3m | $14.4m | $14.9m | $15.2m | $18.2m | $18.7m | $21.9m | $21.9m | $22.7m | |
| Allowance for Funds Used During Construction | $619k | $702k | $1.4m | $3.1m | $4.0m | $2.7m | $2.3m | $2.4m | $1.3m | $1.6m | — | |
| Interest Charges | $5.3m | $5.5m | $6.8m | $7.3m | $7.5m | $8.1m | $9.4m | $13.1m | $14.0m | $14.3m | — | |
| Earnings Applicable to Common Stock, Basic | $22.6m | $22.7m | $32.3m | $33.8m | $38.3m | $36.4m | $42.3m | $31.4m | $44.2m | $42.7m | — | |
| Earnings Applicable to Common Stock, Diluted | — | — | — | — | — | — | — | $31.4m | $44.2m | $42.7m | — |