Stocks Comparison
American States Water vs Middlesex Water: revenue, profit, margins and growth compared
American States Water brought in $658.1M of revenue in fiscal 2025, Middlesex Water $194.7M in fiscal 2025. Revenue changed by +10.5% at American States Water and +1.5% at Middlesex Water on the year before, so American States Water grew faster. American States Water kept 19.8% of its revenue as net profit, Middlesex Water 22.0%.
Side by side, latest fiscal year
| AWR | MSEX | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $658.1M | $194.7M |
| Revenue growth | +10.5% | +1.5% |
| Net income | $130.4M | $42.8M |
| Net margin | 19.8% | 22.0% |
| Free cash flow | -$7.1M | n/a |
| Free cash flow margin | -1.1% | n/a |
| Earnings per share (diluted) | $3.37 | $2.36 |
| Cash | $18.8M | $2.8M |
| Debt | $794.3M | $386.7M |
| Price to earnings | 24.1 | 22.2 |
| Market value | $3.2B | $988.4M |
| Dividend yield | 2.38% | 2.63% |
| Rank by revenue in sector | #89 of 125 · Utilities | #99 of 125 · Utilities |
Over the years
Questions about American States Water and Middlesex Water
Which is bigger by revenue, American States Water or Middlesex Water?
American States Water is bigger by revenue: $658.1M in fiscal 2025, against $194.7M for Middlesex Water in fiscal 2025.
Which keeps more of its revenue as profit, American States Water or Middlesex Water?
American States Water had a net margin of 19.8% in fiscal 2025; Middlesex Water had 22.0% in fiscal 2025.
Which grew revenue faster, American States Water or Middlesex Water?
In their latest fiscal years revenue changed by +10.5% at American States Water and +1.5% at Middlesex Water.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.