Middlesex Water Company (MSEX) — Capital Reinvestment Ratio
Latest as of September 2025:
1.57x
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 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.57x
Capex / Operating Cash Flow
Operating Cash Flow
$12.05 Million
USD
Capital Expenditures
$18.91 Million
USD
Data as of
Sep 2025
Most recent filing
Middlesex Water Company Capital Reinvestment Ratio (1994–2024)
This chart tracks Middlesex Water Company's Capital Reinvestment Ratio across 31 annual periods.
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 Middlesex Water Company stock valuation.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow