Stocks Comparison
H2O America vs Middlesex Water: revenue, profit, margins and growth compared
H2O America brought in $805.6M of revenue in fiscal 2025, Middlesex Water $194.7M in fiscal 2025. Revenue changed by +7.6% at H2O America and +1.5% at Middlesex Water on the year before, so H2O America grew faster. H2O America kept 12.7% of its revenue as net profit, Middlesex Water 22.0%.
Side by side, latest fiscal year
| HTO | MSEX | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $805.6M | $194.7M |
| Revenue growth | +7.6% | +1.5% |
| Net income | $102.6M | $42.8M |
| Net margin | 12.7% | 22.0% |
| Free cash flow | n/a | n/a |
| Free cash flow margin | n/a | n/a |
| Earnings per share (diluted) | $2.92 | $2.36 |
| Cash | $20.7M | $2.8M |
| Debt | $1.9B | $386.7M |
| Price to earnings | 21.0 | 22.2 |
| Market value | $2.6B | $988.4M |
| Dividend yield | 2.74% | 2.63% |
| Rank by revenue in sector | #87 of 125 · Utilities | #99 of 125 · Utilities |
Over the years
Questions about H2O America and Middlesex Water
Which is bigger by revenue, H2O America or Middlesex Water?
H2O America is bigger by revenue: $805.6M in fiscal 2025, against $194.7M for Middlesex Water in fiscal 2025.
Which keeps more of its revenue as profit, H2O America or Middlesex Water?
H2O America had a net margin of 12.7% in fiscal 2025; Middlesex Water had 22.0% in fiscal 2025.
Which grew revenue faster, H2O America or Middlesex Water?
In their latest fiscal years revenue changed by +7.6% at H2O America 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.