Middlesex Water Company (MSEX) — Free Cash Flow Generation Index
Middlesex Water Company (MSEX) has a Free Cash Flow Generation Index of -0.57x as of September 2025. Free cash flow of $-6.86 Million represents -1% of operating cash flow ($12.05 Million). See Middlesex Water Company (MSEX) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Middlesex Water Company Free Cash Flow Generation Index (1994–2024)
Historical FCF Generation Index trend for Middlesex Water Company across 31 annual periods. Explore how well can Middlesex Water Company service its debt to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Middlesex Water Company (1994–2024)
Year-by-year Free Cash Flow Generation Index for Middlesex Water Company. For the full company profile including market capitalisation, see Middlesex Water Company (MSEX) total market value.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | -0.27x | $-15.89 Million | $58.73 Million | $74.62 Million | ▲ +61.8% |
| 2023 | -0.71x | $-37.40 Million | $52.78 Million | $90.18 Million | ▼ -45.0% |
| 2022 | -0.49x | $-29.97 Million | $61.36 Million | $91.33 Million | ▲ +65.2% |
| 2021 | -1.40x | $-46.35 Million | $33.03 Million | $79.38 Million | ▼ -43.3% |
| 2020 | -0.98x | $-52.26 Million | $53.35 Million | $105.62 Million | ▲ +33.5% |
| 2019 | -1.47x | $-53.07 Million | $36.05 Million | $89.12 Million | ▼ -157.4% |
| 2018 | -0.57x | $-26.23 Million | $45.86 Million | $72.09 Million | ▼ -228.5% |
| 2017 | -0.17x | $-7.46 Million | $42.84 Million | $50.30 Million | ▼ -2595.4% |
| 2016 | -0.01x | $-304.00K | $47.07 Million | $47.38 Million | ▼ -101.3% |
| 2015 | 0.50x | $25.44 Million | $51.21 Million | $25.77 Million | ▲ +62.2% |
| 2014 | 0.31x | $9.97 Million | $32.57 Million | $22.60 Million | ▼ -24.6% |
| 2013 | 0.41x | $13.72 Million | $33.80 Million | $20.08 Million | ▲ +50.2% |
| 2012 | 0.27x | $7.99 Million | $29.57 Million | $21.58 Million | ▲ +950.3% |
| 2011 | -0.03x | $-726.00K | $22.84 Million | $23.56 Million | ▲ +79.9% |
| 2010 | -0.16x | $-4.04 Million | $25.57 Million | $29.60 Million | ▼ -80.3% |
| 2009 | -0.09x | $-1.62 Million | $18.51 Million | $20.13 Million | ▲ +82.0% |
| 2008 | -0.49x | $-9.31 Million | $19.12 Million | $28.43 Million | ▼ -194.6% |
| 2007 | -0.17x | $-3.11 Million | $18.82 Million | $21.93 Million | ▲ +81.8% |
| 2006 | -0.91x | $-14.45 Million | $15.91 Million | $30.36 Million | ▼ -4.0% |
| 2005 | -0.87x | $-11.79 Million | $13.50 Million | $25.29 Million | ▲ +5.0% |
| 2004 | -0.92x | $-14.30 Million | $15.56 Million | $29.86 Million | ▼ -145.9% |
| 2003 | -0.37x | $-5.33 Million | $14.25 Million | $19.57 Million | ▲ +23.1% |
| 2002 | -0.49x | $-5.39 Million | $11.10 Million | $16.49 Million | ▼ -1349.0% |
| 2001 | -0.03x | $-413.55K | $12.33 Million | $12.75 Million | ▲ +90.8% |
| 2000 | -0.36x | $-3.64 Million | $10.00 Million | $13.64 Million | ▲ +72.6% |
| 1999 | -1.33x | $-13.30 Million | $10.00 Million | $23.30 Million | ▲ +13.0% |
| 1998 | -1.53x | $-15.90 Million | $10.40 Million | $26.30 Million | ▼ -902.6% |
| 1997 | 0.19x | $2.40 Million | $12.60 Million | $10.20 Million | ▼ -52.1% |
| 1996 | 0.40x | $4.10 Million | $10.30 Million | $6.20 Million | ▲ +3642.7% |
| 1995 | -0.01x | $-100.00K | $8.90 Million | $9.00 Million | ▼ -103.5% |
| 1994 | 0.32x | $2.80 Million | $8.80 Million | $6.00 Million | — |