Middlesex Water Co cash flow statement
In fiscal 2025, Middlesex Water Co's operations generated $62.6m of cash; it spent $0 on capital projects, leaving free cash flow of $62.6m. It returned $24.9m in dividends.
Cash flow statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | 19 | 26 | 23 | 30 | 34 | 33 | 51 | 47 | 43 | 46 | 36 | 53 | 33 | 61 | 53 | 59 | 63 | 69 |
| Depreciation and amortisation | 9 | 10 | 10 | 11 | 12 | 12 | 13 | 14 | 15 | 16 | 17 | 21 | 27 | 27 | 29 | 28 | 32 | 30 |
| Stock-based pay | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 2 |
| Capital spending | — | — | — | — | — | — | — | — | — | — | — | 106 | 79 | 91 | 90 | 75 | 0 | 0 |
| Free cash flow | — | — | — | — | — | — | — | — | — | — | — | −52 | −46 | −30 | −37 | −16 | 63 | 69 |
| Free cash flow after stock pay | — | — | — | — | — | — | — | — | — | — | — | −53 | −48 | −32 | −40 | −17 | 61 | 68 |
| Dividends paid | 0 | 0 | 0 | 0 | 12 | 12 | 13 | 13 | 14 | 15 | 16 | 18 | 19 | 21 | 22 | 23 | 25 | 27 |
| Share buybacks | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 1 | 1 | — | — |
| Shares issued | 1 | 30 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 57 | 1 | 4 | 10 | 12 | 1 | 30 | 38 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 21 | 14 | 18 | 12 | 18 | 12 | 16 | 23 |
| Depreciation and amortisation | 8 | 8 | 7 | 7 | 9 | 8 | 7 | 7 |
| Stock-based pay | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 |
| Capital spending | 25 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | −4 | — | 18 | 12 | 18 | 12 | 16 | 23 |
| Free cash flow after stock pay | −4 | — | 18 | 12 | 18 | 11 | 16 | 23 |
| Shares issued | 0 | 0 | 4 | 17 | 9 | 3 | 12 | 15 |
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- Artesian Resources Corp cash flow
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