MIDDLESEX WATER COMPANY

MSEXP ·Utilities, Utilities - Regulated Water, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016
Revenue $130.6M $132.7M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $37.8M $40.3M
Operating Margin 28.9% 30.4%
Interest Expense $5.5M $5.3M
Pretax Income $33.9M $34.5M
Income Tax Expense $11.1M $11.7M
Net Income $22.8M $22.7M
Net Margin 17.5% 17.1%
EPS (Basic) $1.39 $1.39
EPS (Diluted) $1.38 $1.38
Shares Outstanding (Basic) 16.3M 16.3M
Shares Outstanding (Diluted) 16.5M 16.4M
Dividends Per Share $0.86 $0.81
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