MIDDLESEX WATER COMPANY
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 30.4% | 17.1% |
| FY2017 | — | 28.9% | 17.5% |
| FY2018 | — | 26.9% | 23.5% |
| FY2019 | — | 26.4% | 25.2% |
| FY2020 | — | 26.5% | 27.2% |
| FY2021 | — | 23.2% | 25.6% |
| FY2022 | — | 29.2% | 26.1% |
| FY2023 | — | 23.6% | 19.0% |
| FY2024 | — | 27.7% | 23.1% |
| FY2025 | — | 27.9% | 22.0% |