---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-25-000249"
form_type: "8-K"
ticker: "MSEX"
cik: "0000066004"
company_name: "MIDDLESEX WATER CO"
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-26T00:37:39.464078+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Middlesex Water reports 2024 EPS $2.47 vs $1.76; revenue up to $191.9M

## Summary
- Net income $44.4M, diluted EPS $2.47 for 2024 vs. $31.5M ($1.76) in 2023, driven by base rate increase and one-time recovery.
- Revenue $191.9M, up $25.6M (15.4%) YoY on rate hike and weather-driven demand across NJ and DE systems.
- Invested $75M in infrastructure in 2024; plans $387M (2025-2027), including $105M for PFAS treatment.
- Tidewater subsidiary approved to acquire Ocean View water assets for ~$4.6M (~900 customers); close expected by April 2025.
- Q1 2025 dividend declared at $0.34/share, payable March 3, 2025; 52 consecutive years of increases.

## SEC filing metadata
- accession: 0001174947-25-000249
- form_type: 8-K
- ticker: MSEX
- cik: 0000066004
- company_name: MIDDLESEX WATER CO
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/66004/000117494725000249/0001174947-25-000249-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/66004/000117494725000249/form8k-33688_msx.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-25-000249
- JSON: https://secwatch.observer/filing/0001174947-25-000249.json
- Plain text: https://secwatch.observer/filing/0001174947-25-000249.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.