Middlesex Water Company (MSEX) — Cash Flow Reinvestment Rate
Middlesex Water Company (MSEX) has a Cash Flow Reinvestment Rate of 3.31x as of September 2025, reinvesting $39.92 Million (capex $18.91 Million plus investments $-21.01 Million) from operating cash flow of $12.05 Million. Check cash flow quality index of Middlesex Water Company to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Middlesex Water Company Cash Flow Reinvestment Rate (1994–2024)
Historical reinvestment intensity for Middlesex Water Company across 31 annual periods. Explore how much of Middlesex Water Company's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Middlesex Water Company (1994–2024)
Year-by-year capital reinvestment analysis for Middlesex Water Company. For live market cap and broader valuation context, see MSEX stock market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 2.54x | $149.24 Million | $58.73 Million | $74.62 Million | ▼ -28.9% |
| 2023 | 3.57x | $188.65 Million | $52.78 Million | $90.18 Million | ▲ +137.7% |
| 2022 | 1.50x | $92.26 Million | $61.36 Million | $91.33 Million | ▼ -38.3% |
| 2021 | 2.44x | $80.53 Million | $33.03 Million | $79.38 Million | ▲ +21.4% |
| 2020 | 2.01x | $107.13 Million | $53.35 Million | $105.62 Million | ▼ -19.8% |
| 2019 | 2.50x | $90.27 Million | $36.05 Million | $89.12 Million | ▲ +58.3% |
| 2018 | 1.58x | $72.54 Million | $45.86 Million | $72.09 Million | ▼ -33.3% |
| 2017 | 2.37x | $101.62 Million | $42.84 Million | $50.30 Million | ▲ +17.8% |
| 2016 | 2.01x | $94.75 Million | $47.07 Million | $47.38 Million | ▲ +297.6% |
| 2015 | 0.51x | $25.93 Million | $51.21 Million | $25.77 Million | ▼ -27.4% |
| 2014 | 0.70x | $22.71 Million | $32.57 Million | $22.60 Million | ▲ +8.4% |
| 2013 | 0.64x | $21.73 Million | $33.80 Million | $20.08 Million | ▼ -16.5% |
| 2012 | 0.77x | $22.78 Million | $29.57 Million | $21.58 Million | ▼ -26.3% |
| 2011 | 1.04x | $23.86 Million | $22.84 Million | $23.56 Million | ▼ -9.8% |
| 2010 | 1.16x | $29.60 Million | $25.57 Million | $29.60 Million | ▲ +6.5% |
| 2009 | 1.09x | $20.13 Million | $18.51 Million | $20.13 Million | ▼ -26.9% |
| 2008 | 1.49x | $28.43 Million | $19.12 Million | $28.43 Million | ▲ +27.6% |
| 2007 | 1.17x | $21.93 Million | $18.82 Million | $21.93 Million | ▼ -38.9% |
| 2006 | 1.91x | $30.36 Million | $15.91 Million | $30.36 Million | ▲ +1.9% |
| 2005 | 1.87x | $25.29 Million | $13.50 Million | $25.29 Million | ▼ -2.4% |
| 2004 | 1.92x | $29.86 Million | $15.56 Million | $29.86 Million | ▲ +39.7% |
| 2003 | 1.37x | $19.57 Million | $14.25 Million | $19.57 Million | ▼ -7.5% |
| 2002 | 1.49x | $16.49 Million | $11.10 Million | $16.49 Million | ▲ +43.8% |
| 2001 | 1.03x | $12.75 Million | $12.33 Million | $12.75 Million | ▼ -24.3% |
| 2000 | 1.36x | $13.64 Million | $10.00 Million | $13.64 Million | ▼ -41.4% |
| 1999 | 2.33x | $23.30 Million | $10.00 Million | $23.30 Million | ▼ -7.9% |
| 1998 | 2.53x | $26.30 Million | $10.40 Million | $26.30 Million | ▲ +212.4% |
| 1997 | 0.81x | $10.20 Million | $12.60 Million | $10.20 Million | ▲ +34.5% |
| 1996 | 0.60x | $6.20 Million | $10.30 Million | $6.20 Million | ▼ -40.5% |
| 1995 | 1.01x | $9.00 Million | $8.90 Million | $9.00 Million | ▲ +48.3% |
| 1994 | 0.68x | $6.00 Million | $8.80 Million | $6.00 Million | — |