Middlesex Water Company
MSEX
#5303
Rank
$0.83 B
Marketcap
$46.64
Share price
1.63%
Change (1 day)
-39.69%
Change (1 year)

Operating Margin for Middlesex Water Company (MSEX)

Operating Margin as of April 2024 (TTM): 21.69%

According to Middlesex Water Company 's latest financial reports and stock price the company's current Operating Margin is 21.69%. At the end of 2021 the company had an Operating Margin of 21.70%.

Operating Margin history for Middlesex Water Company from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202121.70%-10.46%
202024.23%6.06%
201922.84%-5.49%
201824.17%-6.78%
201725.93%-0.04%
201625.94%6.91%
201524.26%0.14%
201424.23%10.19%
201321.99%11.45%
201219.73%0.83%
201119.57%-4.79%
201020.55%23.89%
200916.59%-17.31%
200820.06%-1.72%
200720.41%9.74%
200618.60%18.5%
200515.70%-9.1%
200417.27%12.2%
200315.39%-18.13%
200218.80%5.11%
200117.89%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
26.58% 22.54%๐Ÿ‡บ๐Ÿ‡ธ USA
32.93% 51.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-1,655.00%-7,730.24%๐Ÿ‡บ๐Ÿ‡ธ USA
24.14% 11.30%๐Ÿ‡บ๐Ÿ‡ธ USA
13.26%-38.87%๐Ÿ‡บ๐Ÿ‡ธ USA
12.00%-44.67%๐Ÿ‡บ๐Ÿ‡ธ USA
26.61% 22.68%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.