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. See Middlesex Water Company (MSEX) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see Middlesex Water Company operating cash flow efficiency.
Annual Cash Flow Reinvestment Rate for Middlesex Water Company (1994–2024)
Year-by-year capital reinvestment analysis for Middlesex Water Company. See how financially flexible is Middlesex Water Company to measure the company's free cash flow as a share of total liabilities.
| 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 | — |