What is the current annual net margin of MSEX?

As of today, MSEX annual net margin is 23.11%

What is 1-year change in MSEX annual net margin?

MSEX annual net margin is up +21.89% year-over-year

What is 3-year change in MSEX annual net margin?

MSEX annual net margin is down -9.48% over the past 3 years

How far is MSEX annual net margin from its all-time high?

MSEX annual net margin is currently -14.85% below its historical high of 27.14% set on December 31, 2020

How does MSEX annual net margin rank versus sector peers?

MSEX annual net margin is higher than 89.32% of companies in Utilities sector

When is MSEX next annual earnings release?

The next annual earnings release for MSEX is on February 27, 2026

What is the current quarterly net margin of MSEX?

As of today, MSEX quarterly net margin is 25.80%

What is MSEX quarterly net margin most recent change?

MSEX quarterly net margin was up +18.08% on September 30, 2025

What is 1-year change in MSEX quarterly net margin?

MSEX quarterly net margin is down -0.73% year-over-year

How far is MSEX quarterly net margin from its all-time high?

MSEX quarterly net margin is currently -22.82% below its historical high of 33.43% set on March 31, 2022

How does MSEX quarterly net margin rank versus sector peers?

MSEX quarterly net margin is higher than 91.09% of companies in Utilities sector

When is MSEX next earnings release?

The next earnings release for MSEX is on February 27, 2026

MSEX Net Margin History & Chart Since 1980

Annual Net Margin

23.11%4.15%+21.89%

December 31, 2024

Summary

Current Value: As of today, MSEX annual net margin is 23.11%, up +21.89% on December 31, 2024
Historical Performance: MSEX annual net margin is down -9.48% over the past 3 years, and down -8.22% over the past 5 years
All-Time High Comparison: MSEX annual net margin is currently -14.85% below its historical high of 27.14% set on December 31, 2020
3-Year Low Comparison: MSEX annual net margin is +21.89% above its 3-year low of 18.96% reached on December 31, 2023
Sector Comparison: MSEX annual net margin is higher than 89.32% of companies in Utilities sector

Net Margin Chart

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Performance

MSEX Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 24	23.11%	+21.9%	-9.5%	-8.2%	+111.4%
Quarterly Net Margin	Sep 30, 25	25.80%	-0.7%	-13.8%	-19.1%	+33.1%
Price	Jan 9, 26	$51.70	+2.7%	-35.4%	-28.6%	+177.2%
PE Ratio	Jan 9, 26	21.70	+6.3%	-35.0%	-34.6%	+9.4%
Annual Revenue	Dec 31, 24	$191.88M	+15.4%	+34.0%	+42.6%	+110.3%
Annual Net Income	Dec 31, 24	$44.35M	+40.7%	+21.4%	+30.9%	+344.5%
Annual Gross Margin	Dec 31, 24	39.13%	+12.3%	+15.8%	+5.6%	+2.3%
Annual Operating Margin	Dec 31, 24	27.73%	+17.6%	+19.5%	+5.1%	+25.5%

Net Margin Highs

MSEX Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	26.12%	N/A	-11.5%
5Y	27.14%	N/A	-14.8%
All	27.14%	Dec 31, 20	-14.8%

Net Margin Lows

MSEX Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	18.96%	Dec 31, 23	+21.9%
5Y	18.96%	Dec 31, 23	+21.9%
All	9.74%	Dec 31, 00	+137.3%

Net Margin History

Year	Value	Change
2024	23.11%	+21.9%
2023	18.96%	-27.4%
2022	26.12%	+2.3%
2021	25.53%	-5.9%
2020	27.14%	+7.8%
2019	25.18%	+7.1%
2018	23.50%	+34.7%
2017	17.44%	+1.9%
2016	17.11%	+7.7%
2015	15.89%	+0.9%
2014	15.75%	+8.8%
2013	14.48%	+11.0%
2012	13.04%	-1.0%
2011	13.17%	-5.6%
2010	13.95%	+27.6%
2009	10.93%	-18.5%
2008	13.41%	-2.5%
2007	13.75%	+11.1%
2006	12.38%	+9.0%
2005	11.36%	-4.5%
2004	11.90%	+15.1%
2003	10.34%	-17.5%
2002	12.54%	+7.5%

Year	Value	Change
2001	11.66%	+19.7%
2000	9.74%	-33.9%
1999	14.73%	-2.8%
1998	15.15%	+4.1%
1997	14.55%	+7.1%
1996	13.59%	-9.8%
1995	15.07%	-0.9%
1994	15.21%	-1.5%
1993	15.44%	+6.8%
1992	14.46%	+5.2%
1991	13.75%	+4.8%
1990	13.12%	+3.2%
1989	12.71%	-15.8%
1988	15.09%	+5.5%
1987	14.30%	-1.4%
1986	14.51%	-6.8%
1985	15.57%	+4.3%
1984	14.93%	-3.7%
1983	15.51%	-4.2%
1982	16.19%	+20.0%
1981	13.49%	-14.5%
1980	15.78%	-

FAQ

What is the current annual net margin of MSEX?
As of today, MSEX annual net margin is 23.11%
What is 1-year change in MSEX annual net margin?
MSEX annual net margin is up +21.89% year-over-year
What is 3-year change in MSEX annual net margin?
MSEX annual net margin is down -9.48% over the past 3 years
How far is MSEX annual net margin from its all-time high?
MSEX annual net margin is currently -14.85% below its historical high of 27.14% set on December 31, 2020
How does MSEX annual net margin rank versus sector peers?
MSEX annual net margin is higher than 89.32% of companies in Utilities sector
When is MSEX next annual earnings release?
The next annual earnings release for MSEX is on February 27, 2026

Quarterly Net Margin

25.80%3.95%+18.08%

September 30, 2025

Summary

Current Value: As of today, MSEX quarterly net margin is 25.80%, up +18.08% on September 30, 2025
Historical Performance: MSEX quarterly net margin is down -0.73% year-over-year, and down -13.83% over the past 3 years
All-Time High Comparison: MSEX quarterly net margin is currently -22.82% below its historical high of 33.43% set on March 31, 2022
3-Year Low Comparison: MSEX quarterly net margin is +72.69% above its 3-year low of 14.94% reached on December 31, 2023
Sector Comparison: MSEX quarterly net margin is higher than 91.09% of companies in Utilities sector

Performance

MSEX Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 25	25.80%	+18.1%	-0.7%	-13.8%	-19.1%
Annual Net Margin	Dec 31, 24	23.11%	–	+21.9%	-9.5%	-8.2%
Price	Jan 9, 26	$51.70	-8.6%	+2.7%	-35.4%	-28.6%
PE Ratio	Jan 9, 26	21.70	-8.6%	+6.3%	-35.0%	-34.6%
Quarterly Revenue	Sep 30, 25	$54.09M	+9.7%	-1.8%	+13.3%	+35.5%
Quarterly Net Income	Sep 30, 25	$13.96M	+29.5%	-2.5%	-2.3%	+9.6%
Quarterly Gross Margin	Sep 30, 25	43.28%	+9.2%	+1.8%	-4.4%	+0.2%
Quarterly Operating Margin	Sep 30, 25	32.73%	+16.0%	+3.0%	-5.8%	-0.8%

Quarterly Net Margin Highs

MSEX Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	25.80%	Sep 30, 25	at high
3Y	26.36%	Mar 31, 24	-2.1%
5Y	33.43%	Mar 31, 22	-22.8%
All	33.43%	Mar 31, 22	-22.8%

Quarterly Net Margin Lows

MSEX Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	18.69%	N/A	+38.0%
3Y	14.94%	Dec 31, 23	+72.7%
5Y	14.94%	Dec 31, 23	+72.7%
All	6.51%	Mar 31, 04	+296.3%

Quarterly Net Margin History

Month	Value	Change
Sep 2025	25.80%	+18.1%
Jun 2025	21.85%	+2.1%
Mar 2025	21.40%	+14.5%
Dec 2024	18.69%	-28.1%
Sep 2024	25.99%	+21.1%
Jun 2024	21.46%	-18.6%
Mar 2024	26.36%	+76.4%
Dec 2023	14.94%	-30.2%
Sep 2023	21.39%	-7.5%
Jun 2023	23.13%	+50.4%
Mar 2023	15.38%	-16.7%
Dec 2022	18.47%	-38.3%
Sep 2022	29.94%	+34.0%
Jun 2022	22.35%	-33.1%
Mar 2022	33.43%	+57.2%
Dec 2021	21.27%	-26.1%
Sep 2021	28.78%	-3.3%
Jun 2021	29.76%	+40.2%
Mar 2021	21.23%	-11.5%
Dec 2020	23.99%	-24.8%
Sep 2020	31.91%	+15.9%
Jun 2020	27.53%	+14.0%
Mar 2020	24.14%	-2.1%
Dec 2019	24.65%	-16.3%
Sep 2019	29.44%	+20.7%
Jun 2019	24.39%	+14.3%
Mar 2019	21.34%	+1.5%
Dec 2018	21.02%	-33.8%
Sep 2018	31.75%	+27.8%
Jun 2018	24.84%	+72.4%
Mar 2018	14.41%	-15.2%
Dec 2017	17.00%	-19.5%
Sep 2017	21.13%	+29.6%
Jun 2017	16.30%	+10.6%
Mar 2017	14.74%	+45.7%
Dec 2016	10.12%	-56.6%
Sep 2016	23.32%	+28.9%
Jun 2016	18.09%	+15.5%
Mar 2016	15.66%	+6.2%
Dec 2015	14.75%	-24.2%
Sep 2015	19.46%	+21.1%
Jun 2015	16.07%	+27.2%
Mar 2015	12.63%	-6.4%
Dec 2014	13.49%	-34.8%
Sep 2014	20.69%	+27.7%
Jun 2014	16.20%	+38.9%
Mar 2014	11.66%	+1.0%
Dec 2013	11.55%	-37.8%
Sep 2013	18.56%	+20.5%
Jun 2013	15.40%	+31.1%
Mar 2013	11.75%	+16.7%
Dec 2012	10.07%	-46.9%
Sep 2012	18.97%	+39.6%
Jun 2012	13.59%	+77.2%
Mar 2012	7.67%	-12.7%
Dec 2011	8.79%	-51.0%
Sep 2011	17.94%	+29.2%
Jun 2011	13.89%	+26.7%
Mar 2011	10.96%	+4.9%
Dec 2010	10.45%	-46.1%
Sep 2010	19.39%	+16.3%
Jun 2010	16.67%	+131.2%
Mar 2010	7.21%	-8.6%
Dec 2009	7.89%	-50.0%
Sep 2009	15.79%	+28.1%
Jun 2009	12.33%	+86.5%
Mar 2009	6.61%	-26.1%
Dec 2008	8.95%	-51.3%
Sep 2008	18.38%	+18.7%
Jun 2008	15.48%	+61.1%
Mar 2008	9.61%	-21.5%
Dec 2007	12.24%	-29.0%
Sep 2007	17.23%	+13.1%
Jun 2007	15.24%	+63.5%
Mar 2007	9.32%	-5.1%
Dec 2006	9.82%	-34.2%
Sep 2006	14.92%	+5.7%
Jun 2006	14.11%	+42.0%
Mar 2006	9.94%	-4.5%
Dec 2005	10.41%	-28.3%
Sep 2005	14.52%	+37.5%
Jun 2005	10.56%	+28.2%
Mar 2005	8.24%	-33.3%
Dec 2004	12.35%	-27.1%

Month	Value	Change
Sep 2004	16.93%	+59.1%
Jun 2004	10.64%	+63.4%
Mar 2004	6.51%	-16.3%
Dec 2003	7.78%	-42.8%
Sep 2003	13.61%	+20.7%
Jun 2003	11.28%	+37.9%
Mar 2003	8.18%	-38.7%
Dec 2002	13.34%	-11.8%
Sep 2002	15.13%	+24.3%
Jun 2002	12.17%	+35.7%
Mar 2002	8.97%	-20.9%
Dec 2001	11.34%	-23.2%
Sep 2001	14.77%	+13.6%
Jun 2001	13.00%	+93.5%
Mar 2001	6.72%	-41.3%
Dec 2000	11.44%	+7.0%
Sep 2000	10.69%	+9.8%
Jun 2000	9.74%	+39.5%
Mar 2000	6.98%	-15.0%
Dec 1999	8.21%	-54.6%
Sep 1999	18.07%	-3.0%
Jun 1999	18.62%	+45.7%
Mar 1999	12.78%	+1.6%
Dec 1998	12.58%	-35.3%
Sep 1998	19.44%	+30.8%
Jun 1998	14.86%	+14.9%
Mar 1998	12.93%	-6.7%
Dec 1997	13.86%	-19.7%
Sep 1997	17.27%	+31.5%
Jun 1997	13.13%	-6.1%
Mar 1997	13.98%	+7.2%
Dec 1996	13.04%	-13.9%
Sep 1996	15.15%	+11.9%
Jun 1996	13.54%	+3.8%
Mar 1996	13.04%	+6.7%
Dec 1995	12.22%	-33.1%
Sep 1995	18.27%	+16.9%
Jun 1995	15.63%	+13.3%
Mar 1995	13.79%	+2.3%
Dec 1994	13.48%	-20.0%
Sep 1994	16.84%	+3.3%
Jun 1994	16.30%	+16.8%
Mar 1994	13.95%	+10.4%
Dec 1993	12.64%	-32.2%
Sep 1993	18.63%	+17.1%
Jun 1993	15.91%	+12.8%
Mar 1993	14.10%	-3.9%
Dec 1992	14.67%	-9.7%
Sep 1992	16.25%	+4.3%
Jun 1992	15.58%	+44.1%
Mar 1992	10.81%	+18.9%
Dec 1991	9.09%	-51.1%
Sep 1991	18.60%	+23.4%
Jun 1991	15.07%	+58.3%
Mar 1991	9.52%	-22.7%
Dec 1990	12.31%	-22.8%
Sep 1990	15.94%	+31.5%
Jun 1990	12.12%	-4.6%
Mar 1990	12.70%	+10.6%
Dec 1989	11.48%	-15.3%
Sep 1989	13.56%	-9.6%
Jun 1989	15.00%	+17.8%
Mar 1989	12.73%	+7.3%
Dec 1988	11.86%	-34.8%
Sep 1988	18.18%	+7.3%
Jun 1988	16.95%	+35.6%
Mar 1988	12.50%	-1.8%
Dec 1987	12.73%	-23.6%
Sep 1987	16.67%	+16.7%
Jun 1987	14.29%	+26.2%
Mar 1987	11.32%	-12.7%
Dec 1986	12.96%	-29.3%
Sep 1986	18.33%	+30.6%
Jun 1986	14.04%	+14.7%
Mar 1986	12.24%	-23.5%
Dec 1985	16.00%	-5.8%
Sep 1985	16.98%	+8.2%
Jun 1985	15.69%	+7.6%
Mar 1985	14.58%	+19.1%
Dec 1984	12.24%	-16.0%
Sep 1984	14.58%	-14.3%
Jun 1984	17.02%	+14.3%
Mar 1984	14.89%	-

FAQ

What is the current quarterly net margin of MSEX?
As of today, MSEX quarterly net margin is 25.80%
What is MSEX quarterly net margin most recent change?
MSEX quarterly net margin was up +18.08% on September 30, 2025
What is 1-year change in MSEX quarterly net margin?
MSEX quarterly net margin is down -0.73% year-over-year
How far is MSEX quarterly net margin from its all-time high?
MSEX quarterly net margin is currently -22.82% below its historical high of 33.43% set on March 31, 2022
How does MSEX quarterly net margin rank versus sector peers?
MSEX quarterly net margin is higher than 91.09% of companies in Utilities sector
When is MSEX next earnings release?
The next earnings release for MSEX is on February 27, 2026

Net Margin Formula

Net Margin =

× 100%

Data Sources & References

MSEX Official Website www.middlesexwater.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/66004/000162828025047821/0001628280-25-047821-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/66004/000117494725000251/0001174947-25-000251-index.htm
MSEX Profile on Yahoo Finance finance.yahoo.com/quote/MSEX
MSEX Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/msex