Middlesex Water Co (Middlesex Water Co) Net Margin %

: 14.93% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Middlesex Water Co's Net Income for the three months ended in Dec. 2023 was $5.8 Mil. Middlesex Water Co's Revenue for the three months ended in Dec. 2023 was $38.6 Mil. Therefore, Middlesex Water Co's net margin for the quarter that ended in Dec. 2023 was 14.93%.

The historical rank and industry rank for Middlesex Water Co's Net Margin % or its related term are showing as below:

MSEX' s Net Margin % Range Over the Past 10 Years
Min: 15.75 Med: 21.23 Max: 27.14
Current: 18.96

MSEX's Net Margin % is ranked better than
83.66% of 514 companies
in the Utilities - Regulated industry
Industry Median: 7.975 vs MSEX: 18.96

Middlesex Water Co Net Margin % Historical Data

The historical data trend for Middlesex Water Co's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Middlesex Water Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

25.18

27.14

25.53

26.12

18.96

Middlesex Water Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																18.47	15.38	23.13	21.38	14.93

Competitive Comparison

For the Utilities - Regulated Water subindustry, Middlesex Water Co's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Middlesex Water Co Net Margin % Distribution

For the Utilities - Regulated industry and Utilities sector, Middlesex Water Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Middlesex Water Co's Net Margin % falls into.

Middlesex Water Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Middlesex Water Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	31.524	/	166.274
	=	18.96 %

Middlesex Water Co's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	5.765	/	38.602
	=	14.93 %

Middlesex Water Co (NAS:MSEX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Middlesex Water Co Net Margin % Related Terms

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Middlesex Water Co (Middlesex Water Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Middlesex Water Co (NAS:MSEX) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

485C Route 1 South, Suite 400, Iselin, NJ, USA, 08830

Website

https://www.middlesexwater.com

Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The firm primarily operates in the eastern states of New Jersey, Delaware, and Pennsylvania. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.

Executives

Lorrie Beth Ginegaw	officer: VP-Corporate Affairs	1500 RONSON ROAD, ISELIN NJ 08830
Cosgrove James F. Jr.	director	492 CHRISTOPHER DRIVE, PRINCETON NJ 08540
Robert John Capko	officer: PAO/Controller	100 POSSUM WAY, NEW PROVIDENCE NJ 07974
Bernadette M Sohler	officer: VP - Corporate Affairs	1500 RONSON ROAD, ISELIN NJ 08830
Walter G Reinhard	director	PO BOX 1500, ISELIN NJ 08830
Dennis W Doll	officer: Executive Vice President	1500 RONSON ROAD, ISELIN NJ 08830
Andreasen Christian G. Jr.	officer: VP - Enterprise Engineering	485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Kim C Hanemann	director	1500 RONSON ROAD, ISELIN NJ 08830
A Bruce Oconnor	officer: Vice President &, other: Controller	PO BOX 1500, ISELIN NJ 08830
Vaughn L Mckoy	director	485C ROUTE ONE SOUTH, SUITE 400, ISELIN NJ 07083
Georgia M Simpson	officer: VP-Information Technology	485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Joshua Bershad	director	485C ROUTE ONE SOUTH, SUITE 400, ISELIN NJ 07083
Robert K Fullagar	officer: Vice President - Operations	485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Ann L. Noble	director	485C ROUTE 1 SOUTH, SUITE 400, ISELIN NJ 08830
Jay L Kooper	officer: VP, Gen. Counsel & Secretary	1500 RONSON ROAD, ISELIN NJ 08830