---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-25-001118"
form_type: "8-K"
ticker: "MSEX"
cik: "0000066004"
company_name: "MIDDLESEX WATER CO"
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:34:00.448352+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Middlesex Water Q2 EPS $0.60; Delaware rate settlement adds $5.5M; NJ rate filing seeks $24.9M increase

## Summary
- Net income of $10.8M ($0.60 diluted EPS) vs $10.5M ($0.59) in Q2 2024; YTD net income $20.3M ($1.13) vs $21.3M ($1.18).
- Invested $51M in infrastructure in H1 2025, ~55% of planned $93M annual capital budget.
- Delaware rate case settlement approved: $5.5M annual revenue increase, 9.5% ROE, 53.5% equity ratio; new rates effective July 3, 2025.
- New Jersey utilities filed for $24.9M (19.3%) base rate increase to recover $100M of environmental compliance investments.
- Board declared $0.34 quarterly dividend, payable Sep 2, 2025 to holders of record Aug 15, 2025.

## SEC filing metadata
- accession: 0001174947-25-001118
- form_type: 8-K
- ticker: MSEX
- cik: 0000066004
- company_name: MIDDLESEX WATER CO
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/66004/000117494725001118/0001174947-25-001118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/66004/000117494725001118/form8k-34524_msx.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-25-001118
- JSON: https://secwatch.observer/filing/0001174947-25-001118.json
- Plain text: https://secwatch.observer/filing/0001174947-25-001118.txt

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