Middlesex Water Company Capital Reinvestment Ratio
Middlesex Water Company 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 Middlesex Water Company (MSEX) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Middlesex Water Company (1994–2024)
Capital reinvestment ratio of Middlesex Water Company from 1994 to 2024. This chart tracks Middlesex Water Company's Capital Reinvestment Ratio across 31 annual periods. See Middlesex Water Company free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
Middlesex Water Company Capital Reinvestment Ratio by Year (1994–2024)
Middlesex Water Company capital reinvestment ratio by year from 1994 to 2024. For the full cash flow conversion analysis, see Middlesex Water Company (MSEX) cash conversion ratio.
| 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 | — |