Middlesex Water Company (MSEX) — Capital Reinvestment Ratio
Middlesex Water Company (MSEX) has a Capital Reinvestment Ratio of 1.57x as of September 2025, meaning it reinvests 2% of its operating cash flow ($12.05 Million) in capital expenditures ($18.91 Million). See MSEX equity to assets ratio to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Middlesex Water Company Capital Reinvestment Ratio (1994–2024)
This chart tracks Middlesex Water Company's Capital Reinvestment Ratio across 31 annual periods. Check cash flow reinvestment rate of Middlesex Water Company to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Middlesex Water Company (1994–2024)
Year-by-year Capital Reinvestment Ratio for Middlesex Water Company from 1994 to 2024. For live market cap and broader valuation context, see MSEX stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 1.27x | $58.73 Million | $74.62 Million | ▼ -25.6% |
| 2023 | 1.71x | $52.78 Million | $90.18 Million | ▲ +14.8% |
| 2022 | 1.49x | $61.36 Million | $91.33 Million | ▼ -38.1% |
| 2021 | 2.40x | $33.03 Million | $79.38 Million | ▲ +21.4% |
| 2020 | 1.98x | $53.35 Million | $105.62 Million | ▼ -19.9% |
| 2019 | 2.47x | $36.05 Million | $89.12 Million | ▲ +57.3% |
| 2018 | 1.57x | $45.86 Million | $72.09 Million | ▲ +33.9% |
| 2017 | 1.17x | $42.84 Million | $50.30 Million | ▲ +16.7% |
| 2016 | 1.01x | $47.07 Million | $47.38 Million | ▲ +100.0% |
| 2015 | 0.50x | $51.21 Million | $25.77 Million | ▼ -27.5% |
| 2014 | 0.69x | $32.57 Million | $22.60 Million | ▲ +16.8% |
| 2013 | 0.59x | $33.80 Million | $20.08 Million | ▼ -18.6% |
| 2012 | 0.73x | $29.57 Million | $21.58 Million | ▼ -29.3% |
| 2011 | 1.03x | $22.84 Million | $23.56 Million | ▼ -10.9% |
| 2010 | 1.16x | $25.57 Million | $29.60 Million | ▲ +6.5% |
| 2009 | 1.09x | $18.51 Million | $20.13 Million | ▼ -26.9% |
| 2008 | 1.49x | $19.12 Million | $28.43 Million | ▲ +27.6% |
| 2007 | 1.17x | $18.82 Million | $21.93 Million | ▼ -38.9% |
| 2006 | 1.91x | $15.91 Million | $30.36 Million | ▲ +1.9% |
| 2005 | 1.87x | $13.50 Million | $25.29 Million | ▼ -2.4% |
| 2004 | 1.92x | $15.56 Million | $29.86 Million | ▲ +39.7% |
| 2003 | 1.37x | $14.25 Million | $19.57 Million | ▼ -7.5% |
| 2002 | 1.49x | $11.10 Million | $16.49 Million | ▲ +43.8% |
| 2001 | 1.03x | $12.33 Million | $12.75 Million | ▼ -24.3% |
| 2000 | 1.36x | $10.00 Million | $13.64 Million | ▼ -41.4% |
| 1999 | 2.33x | $10.00 Million | $23.30 Million | ▼ -7.9% |
| 1998 | 2.53x | $10.40 Million | $26.30 Million | ▲ +212.4% |
| 1997 | 0.81x | $12.60 Million | $10.20 Million | ▲ +34.5% |
| 1996 | 0.60x | $10.30 Million | $6.20 Million | ▼ -40.5% |
| 1995 | 1.01x | $8.90 Million | $9.00 Million | ▲ +48.3% |
| 1994 | 0.68x | $8.80 Million | $6.00 Million | — |