MIDDLESEX WATER CO Annual Operating Margin in % from 2023 to 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Middlesex Water Co quarterly/annual Operating Margin history and growth rate from 2023 to 2024.
  • Middlesex Water Co Operating Margin for the quarter ending December 31, 2024 was 27.7 %, a 17.6% increase year-over-year.
  • Middlesex Water Co annual Operating Margin for 2024 was 27.7 %, a 17.6% increase from 2023.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 27.7 +4.14 +17.6% Jan 1, 2024 Dec 31, 2024
2023 23.6 Jan 1, 2023 Dec 31, 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.