MIDDLESEX WATER COMPANY (MSEX) Return on equity 2020–2025
MIDDLESEX WATER COMPANY (MSEX) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
8.7%FY2025 · since FY2020: 11.1% → 8.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 8.7% | -1.3 pp |
| FY2024 | 10.0% | +2.5 pp |
| FY2023 | 7.5% | -3.1 pp |
| FY2022 | 10.6% | +0.7 pp |
| FY2021 | 9.9% | -1.2 pp |
| FY2020 | 11.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
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