Middlesex Water Company (MSEX) — Cash Flow Reinvestment Rate

Latest as of September 2025: 3.31x

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. Explore Middlesex Water Company (MSEX) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

3.31x
(Capex + Investments) / Operating CF

Total Reinvested

$39.92 Million
Capex + Investments

Operating Cash Flow

$12.05 Million
USD

Capital Expenditures

$18.91 Million
USD

Middlesex Water Company Cash Flow Reinvestment Rate (1994–2024)

Historical reinvestment intensity for Middlesex Water Company across 31 annual periods. Also explore MSEX asset base for the complete picture of this company's asset base.

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 Middlesex Water Company (MSEX) total market value.

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
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow