MSEX - Middlesex Water Company
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$55.00
DETAILS
HIGH:
$55.00
LOW:
$55.00
MEDIAN:
$55.00
CONSENSUS:
$55.00
UPSIDE:
0.29%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||||
| Revenue | 194.7 | 191.9 | 166.3 | 162.4 | 143.1 | 141.6 | 134.6 | 138.1 | 130.8 | 132.9 | 126.0 | 117.1 | 114.8 | 110.4 | 102.1 | 102.7 | 91.2 | 91.0 | 86.1 | 81.1 | 74.6 | 71.0 | 64.1 | 61.9 | 59.6 | 54.5 | 53.5 | 43.1 | 40.3 | 38 | 37.8 | 36.1 | 35.5 | 30.6 | 29.9 | 26.4 | 23.5 | 24 | 22.4 | 22 |
| Cost of Revenue | 118.4 | 92.4 | 83.1 | 79.1 | 73.7 | 70.8 | 68.0 | 71.6 | 64.7 | 65.5 | 65.2 | 59.1 | 60.7 | 60.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.2 | 3 | 2.7 | 2.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | 76.3 | 99.5 | 83.2 | 83.3 | 69.5 | 70.8 | 66.6 | 66.5 | 66.1 | 67.4 | 60.9 | 58.0 | 54.1 | 49.9 | 102.1 | 102.7 | 91.2 | 91.0 | 86.1 | 81.1 | 74.6 | 71.0 | 64.1 | 61.9 | 59.6 | 54.5 | 53.5 | 43.1 | 37.1 | 35 | 35.1 | 33.3 | 35.5 | 30.6 | 29.9 | 26.4 | 23.5 | 24 | 22.4 | 22 |
| Operating Expenses | ||||||||||||||||||||||||||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Expenses | 21.9 | 46.3 | 43.9 | 36.0 | 36.3 | 33.4 | 31.1 | 29.4 | 27.5 | 26.7 | 25.0 | 23.6 | 23.1 | 22.3 | 21.2 | 20.7 | 71.1 | 67.0 | 63.4 | 59.7 | 57.4 | 54.1 | 49.4 | 45.5 | 44.4 | 41.9 | 39.7 | 31 | 25.2 | 24.4 | 23.7 | 22.2 | 35.5 | 30.6 | 29.9 | 26.4 | 23.5 | 24 | 22.4 | 22 |
| Operating Expenses | 21.9 | 46.3 | 43.9 | 36.0 | 36.3 | 33.4 | 31.1 | 29.4 | 27.5 | 26.7 | 25.0 | 23.6 | 23.1 | 22.3 | 21.2 | 20.7 | 71.1 | 67.0 | 63.4 | 59.7 | 57.4 | 54.1 | 49.4 | 45.5 | 44.4 | 41.9 | 39.7 | 31 | 25.2 | 24.4 | 23.7 | 22.2 | 35.5 | 30.6 | 29.9 | 26.4 | 23.5 | 24 | 22.4 | 22 |
| Operating Income | ||||||||||||||||||||||||||||||||||||||||
| Operating Income | 54.4 | 53.2 | 39.2 | 47.3 | 33.2 | 37.4 | 35.5 | 37.1 | 37.8 | 40.3 | 35.8 | 34.4 | 31.0 | 27.6 | 24.2 | 26.6 | 20.2 | 24.0 | 22.7 | 21.3 | 17.2 | 16.9 | 14.7 | 16.5 | 15.3 | 12.6 | 13.8 | 12.1 | 11.9 | 10.6 | 11.4 | 11.1 | 35.5 | 30.6 | 29.9 | 26.4 | 23.5 | 24 | 22.4 | 22 |
| Interest Expense | 14.3 | 12.8 | 10.7 | 7.1 | 5.5 | 3.5 | 4.1 | 5.4 | 4.8 | 4.7 | 5.2 | 5.3 | 5.5 | 6.2 | 5.6 | 6.0 | 6.8 | 7.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profitability | ||||||||||||||||||||||||||||||||||||||||
| EBITDA | 94.4 | 92.1 | 72.7 | 80.2 | 63.3 | 58.6 | 52.1 | 54.6 | 53.6 | 52.7 | 48.8 | 45.9 | 42.6 | 39.3 | 36.0 | 37.0 | 31.1 | 33.9 | 94.3 | 29.1 | 24.4 | 23.3 | 20.4 | 21.9 | 20.6 | 17.5 | 18.1 | 15.9 | 15 | 13.6 | 14.3 | 14.1 | 35.5 | 30.6 | 29.9 | 26.4 | 23.5 | 24 | 22.4 | 22 |
| EBIT | 61.9 | 64.0 | 43.3 | 52.7 | 36.5 | 37.8 | 34.9 | 38.8 | 38.7 | 39.2 | 35.8 | 33.7 | 30.7 | 28.0 | 25.5 | 27.1 | 21.9 | 25.3 | 86.1 | 21.3 | 17.2 | 16.9 | 14.7 | 16.5 | 15.3 | 12.6 | 13.8 | 12.1 | 11.9 | 10.6 | 11.4 | 11.1 | 35.5 | 30.6 | 29.9 | 26.4 | 23.5 | 24 | 22.4 | 22 |
| Income Before Tax | 47.6 | 51.3 | 32.6 | 45.7 | 31.1 | 34.3 | 30.7 | 33.4 | 33.9 | 34.5 | 30.6 | 28.4 | 25.3 | 21.8 | 20.0 | 21.1 | 15.1 | 18.3 | 17.6 | 15.1 | 11.7 | 12.3 | 9.9 | 11.8 | 10.7 | 7.9 | 11.1 | 9.5 | 9 | 7.7 | 8.7 | 8.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Tax Expense | 4.8 | 6.9 | 1.0 | 3.2 | (5.5) | (4.1) | (3.1) | 0.9 | 11.1 | 11.7 | 10.6 | 9.9 | 8.6 | 7.4 | 6.5 | 6.8 | 5.2 | 6.1 | 5.7 | 5.0 | 3.2 | 3.8 | 3.2 | 3.9 | 3.7 | 2.6 | 3.2 | 3 | 3.1 | 2.5 | 3 | 2.8 | (5.5) | (4.4) | (4.1) | (3.5) | (3) | (3.6) | (3.2) | (3.2) |
| Net Income | 42.8 | 44.4 | 31.5 | 42.4 | 36.5 | 38.4 | 33.9 | 32.5 | 22.8 | 22.7 | 20.0 | 18.4 | 16.6 | 14.4 | 13.4 | 14.3 | 10.0 | 12.2 | 11.8 | 10.0 | 8.5 | 8.4 | 6.6 | 7.8 | 7.0 | 5.3 | 7.9 | 6.5 | 5.9 | 5.2 | 5.7 | 5.5 | 5.5 | 4.4 | 4.1 | 3.5 | 3 | 3.6 | 3.2 | 3.2 |
| Per Share Data | ||||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 2.36 | 2.48 | 1.77 | 2.40 | 2.08 | 2.19 | 2.02 | 1.98 | 1.39 | 1.39 | 1.23 | 1.14 | 1.04 | 0.90 | 0.85 | 0.96 | 0.73 | 0.90 | 0.88 | 0.83 | 0.72 | 0.74 | 0.61 | 0.73 | 0.66 | 0.51 | 0.77 | 0.71 | 0.67 | 0.60 | 0.68 | 0.67 | 0.67 | 0.60 | 0.57 | 0.48 | 0.46 | 0.57 | 0.51 | 0.51 |
| EPS (Diluted) | 2.36 | 2.47 | 1.76 | 2.39 | 2.07 | 2.18 | 2.01 | 1.96 | 1.38 | 1.38 | 1.22 | 1.13 | 1.03 | 0.90 | 0.84 | 0.96 | 0.72 | 0.89 | 0.87 | 0.82 | 0.71 | 0.73 | 0.61 | 0.73 | 0.66 | 0.51 | 0.76 | 0.71 | 0.67 | 0.60 | 0.68 | 0.67 | 0.67 | 0.60 | 0.57 | 0.48 | 0.46 | 0.57 | 0.51 | 0.51 |
| Shares Outstanding | 18.1 | 17.8 | 17.7 | 17.6 | 17.5 | 17.5 | 16.7 | 16.4 | 16.3 | 16.3 | 16.2 | 16.1 | 15.9 | 15.7 | 15.6 | 14.7 | 13.5 | 13.3 | 13.2 | 11.8 | 11.4 | 11.1 | 10.5 | 10.3 | 10.1 | 10.0 | 9.9 | 8.7 | 8.6 | 8.3 | 8.1 | 8.0 | 7.8 | 7.0 | 6.8 | 6.9 | 6.2 | 6.0 | 5.9 | 5.9 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||||||||||||||||||||||||
| Cash & Cash Equivalents | 2.8 | 4.2 | 2.4 | 3.8 | 3.5 | 4.5 | 2.2 | 3.7 | 4.9 | 3.9 | 3.5 | 2.7 | 4.8 | 3.0 | 3.1 | 2.5 | 4.3 | 3.3 | 2.0 | 5.8 | 3.0 | 4.0 | 3.0 | 2.9 | 4.5 | 2.5 | 5.2 | 9.4 | 2.5 | 4.3 | 4.9 | 3.9 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 19.2 | 29.6 | 97.3 | 24.7 | 22.6 | 21.6 | 19.1 | 19.1 | 17.8 | 16.7 | 16.3 | 15.9 | 17.3 | 17.9 | 16.1 | 16.7 | 15.0 | 14.3 | 12.8 | 12.6 | 11.8 | 9.9 | 8.9 | 9.2 | 9.5 | 8.3 | 8.6 | 7.2 | 6 | 6.2 | 6.4 | 6.3 |
| Inventory | 7.5 | 6.7 | 7.0 | 6.2 | 5.4 | 5.1 | 5.4 | 5.4 | 4.1 | 4.1 | 2.6 | 2.3 | 2.0 | 1.4 | 2.0 | 2.2 | 1.6 | 1.5 | 1.2 | 1.3 | 1.3 | 1.2 | 1.4 | 1.2 | 1.0 | 1.0 | 1 | 0.9 | 1 | 1 | 1 | 1 |
| Other Current Assets | 9.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.0 | 7.0 | 10.1 | 3.5 | 6.3 | 10.3 | 0.6 | 0.4 | 0.7 | 1.8 |
| Total Current Assets | 41.8 | 43.0 | 108.5 | 37.3 | 34.4 | 34.1 | 29.1 | 30.8 | 29.2 | 26.7 | 24.4 | 22.9 | 25.8 | 24.6 | 22.9 | 22.8 | 22.0 | 20.6 | 17.4 | 20.9 | 17.0 | 16.0 | 14.4 | 20.3 | 25.1 | 15.3 | 21.1 | 27.8 | 10.1 | 11.9 | 13 | 13 |
| Non-Current Assets | ||||||||||||||||||||||||||||||||
| Property, Plant & Equipment | 2.0 | 1,058.0 | 1,013.0 | 924.4 | 869.9 | 801.8 | 711.7 | 618.5 | 557.2 | 517.8 | 481.9 | 465.4 | 446.5 | 435.2 | 422.2 | 398.7 | 376.5 | 359.5 | 333.9 | 310.9 | 283.0 | 251.8 | 230.9 | 211.4 | 199.1 | 191.2 | 181.8 | 162.8 | 137.1 | 123 | 119.6 | 109.1 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1.7 | 0 | 0 | 0 | 0 | 0 | 0 | 2.0 | 0 | 0 | 3.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1,320.3 | 154.2 | 114.5 | 35.0 | 46.3 | 140.5 | 114.7 | 71.3 | 31.5 | 3.6 | 10.7 | 40.2 | 18.9 | 60.1 | 55.4 | 38.0 | 31.7 | 38.2 | 23.4 | (15,741.0) | 24.4 | 31.4 | 17.9 | 12.9 | 12.2 | 12.9 | 12.1 | 12.9 | 12.6 | 13.8 | 12.2 | 10.3 |
| Total Non-Current Assets | 1,324.0 | 1,212.2 | 1,127.5 | 1,037.1 | 985.7 | 942.3 | 880.7 | 737.0 | 631.9 | 593.4 | 560.3 | 552.9 | 504.5 | 537.1 | 514.7 | 466.4 | 436.0 | 419.4 | 375.2 | 349.4 | 307.4 | 283.2 | 248.8 | 224.3 | 211.3 | 204.1 | 193.9 | 175.7 | 149.7 | 136.8 | 131.8 | 119.4 |
| Total Assets | 1,365.7 | 1,255.2 | 1,236.1 | 1,074.5 | 1,020.0 | 976.5 | 909.9 | 767.8 | 661.1 | 620.2 | 584.7 | 575.8 | 530.3 | 561.7 | 537.5 | 489.2 | 458.1 | 440 | 392.7 | 370.3 | 324.4 | 299.1 | 263.2 | 244.6 | 236.4 | 219.4 | 215 | 203.5 | 159.8 | 148.7 | 144.8 | 132.4 |
| Current Liabilities | ||||||||||||||||||||||||||||||||
| Account Payables | 31.3 | 28.1 | 27.6 | 24.8 | 21.1 | 30.4 | 23.3 | 19.3 | 13.9 | 12.3 | 6.5 | 6.4 | 6.3 | 3.8 | 5.7 | 6.4 | 4.3 | 5.7 | 6.5 | 5.5 | 6.0 | 6.0 | 4.8 | 2.5 | 2.4 | 2.4 | 3.4 | 3.4 | 3.2 | 1.7 | 1.5 | 1.6 |
| Short-Term Debt | 36.7 | 30.7 | 50.5 | 73.0 | 19.7 | 9.3 | 27.2 | 55.8 | 34.9 | 18.2 | 8.7 | 24.9 | 33.8 | 39.1 | 28.8 | 21.4 | 46.6 | 43.9 | 2.7 | 2.5 | 5.9 | 12.1 | 13.6 | 18.3 | 13.6 | 6.3 | 2.2 | 1.1 | 0.6 | 0 | 0.2 | 0 |
| Deferred Revenue | 0.5 | 1.5 | 1.4 | 1.4 | 1.3 | 1.3 | 1.2 | 1.0 | 1.0 | 0.9 | 0.9 | 0.8 | 0.8 | 0.8 | 0.7 | 0.9 | 0.9 | 0.8 | 0.8 | 600.6 | 3.6 | (2.4) | (4.2) | (9.1) | (3.6) | 3.0 | 8.8 | 7.6 | 0 | 0 | 6.9 | 0 |
| Other Current Liabilities | 9.3 | 7.8 | 3.8 | 4.0 | 3.8 | 3.6 | 3.6 | 2.6 | 2.3 | 2.2 | 1.9 | 1.7 | 2.4 | 2.1 | 2.0 | 1.7 | 1.4 | 1.2 | 0 | 0.0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 93.8 | 82.9 | 103.8 | 117.9 | 56.6 | 56.8 | 65.0 | 94.4 | 64.5 | 47.1 | 28.3 | 43.9 | 52.7 | 55.9 | 46.7 | 40.7 | 60.7 | 61.5 | 27.0 | 18.1 | 21.5 | 27.8 | 27.7 | 29.6 | 26.0 | 18.0 | 14.3 | 13.2 | 13 | 9.9 | 8.8 | 8.4 |
| Non-Current Liabilities | ||||||||||||||||||||||||||||||||
| Long-Term Debt | 380.7 | 352.8 | 358.2 | 290.3 | 306.5 | 273.2 | 230.8 | 152.9 | 139.0 | 134.5 | 136.2 | 136.0 | 129.8 | 131.5 | 132.2 | 133.8 | 124.9 | 118.2 | 131.6 | 130.7 | 128.2 | 115.3 | 97.4 | 87.5 | 88.1 | 82.1 | 82.5 | 78 | 52.9 | 53 | 53 | 49.5 |
| Deferred Tax Liabilities | 110.5 | 101.2 | 88.7 | 77.8 | 69.5 | 61.3 | 54.4 | 47.3 | 43.2 | 72.8 | 68.5 | 48.2 | 40.1 | 42.8 | 38.2 | 30.9 | 29.1 | 23.1 | 19.4 | 17.6 | 15.9 | 16.3 | 15.9 | 15.1 | 14.6 | 14.4 | 14.2 | 14.3 | 14.4 | 14.4 | 13.5 | 12.3 |
| Other Non-Current Liabilities | 258.0 | 246.3 | 235.9 | 161.0 | 189.7 | 208.3 | 204.2 | 199.6 | 161.4 | 124.0 | 122.0 | 147.9 | 156.2 | 124.5 | 140.2 | 107.0 | 68.0 | 96.0 | 77.5 | (130.7) | 55.3 | 47.1 | 43.2 | 36.2 | 31.2 | 30.2 | (96.7) | 26.3 | (67.3) | 19.5 | 19.2 | 0 |
| Total Non-Current Liabilities | 777.9 | 725.4 | 707.1 | 554.2 | 593.6 | 571.3 | 519.0 | 422.2 | 365.0 | 352.2 | 347.3 | 332.2 | 286.0 | 320.8 | 310.5 | 271.8 | 254.4 | 237.3 | 228.5 | 218.9 | 199.3 | 178.6 | 156.5 | 138.8 | 134 | 126.7 | 126.2 | 118.6 | 91.9 | 86.9 | 85.7 | 61.8 |
| Total Liabilities | 871.7 | 808.3 | 811.0 | 672.0 | 650.2 | 628.2 | 584.0 | 516.6 | 429.5 | 399.3 | 375.6 | 376.0 | 338.7 | 376.7 | 357.2 | 312.5 | 315.1 | 298.8 | 255.5 | 237.0 | 220.8 | 199.9 | 179.5 | 164.0 | 160.0 | 144.7 | 140.4 | 131.8 | 103.6 | 96.8 | 94.5 | 84.7 |
| Stockholders' Equity | ||||||||||||||||||||||||||||||||
| Common Stock | 279.1 | 248.2 | 246.8 | 233.1 | 221.9 | 217.5 | 215.1 | 157.4 | 155.1 | 153.0 | 150.8 | 148.7 | 146.2 | 143.6 | 141.4 | 139.5 | 109.4 | 107.7 | 105.7 | 104,248.5 | 76.2 | 72.0 | 56.9 | 53.9 | 50.1 | 48.8 | 47.6 | 45.5 | 31.1 | 30 | 28.8 | 27.2 |
| Retained Earnings | 214.9 | 197.1 | 176.2 | 167.3 | 145.8 | 128.8 | 108.7 | 91.4 | 74.1 | 65.4 | 55.9 | 48.6 | 42.6 | 38.1 | 35.5 | 33.7 | 30.3 | 30.1 | 27.4 | 25.0 | 23.6 | 23.1 | 22.7 | 23.2 | 22.2 | 21.8 | 22.9 | 21.2 | 20.1 | 19.2 | 18.8 | 17.7 |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | (0.2) | 0.0 | 0.1 | (0.6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 494.0 | 446.9 | 425.1 | 402.4 | 369.8 | 348.3 | 325.9 | 251.2 | 231.6 | 220.9 | 209.1 | 199.7 | 191.6 | 185.0 | 180.3 | 176.6 | 143.0 | 141.2 | 137.1 | 133.3 | 103.6 | 99.2 | 83.7 | 80.6 | 76.4 | 74.7 | 74.6 | 71.7 | 56.2 | 51.9 | 50.3 | 47.7 |
| Total Liabilities & Equity | 1,365.7 | 1,255.2 | 1,236.1 | 1,074.5 | 1,020.0 | 976.5 | 909.9 | 767.8 | 661.1 | 620.2 | 584.7 | 575.8 | 530.3 | 561.7 | 537.5 | 489.2 | 458.1 | 440 | 392.7 | 370.3 | 324.4 | 299.1 | 263.2 | 244.6 | 236.4 | 219.4 | 215 | 203.5 | 159.8 | 148.7 | 144.8 | 132.4 |
| Debt Metrics | ||||||||||||||||||||||||||||||||
| Total Debt | 419.2 | 386.0 | 412.3 | 366.9 | 330.6 | 287.5 | 263.7 | 208.7 | 173.9 | 152.7 | 145.0 | 160.9 | 163.6 | 170.5 | 161.0 | 155.3 | 171.5 | 162.1 | 134.3 | 133.2 | 134.1 | 127.4 | 110.9 | 105.8 | 101.7 | 88.4 | 84.7 | 79.1 | 53.5 | 53 | 53.2 | 49.5 |
| Net Debt | 416.4 | 381.7 | 409.9 | 363.1 | 327.1 | 283.1 | 261.5 | 205.0 | 169.0 | 148.8 | 141.5 | 158.3 | 158.8 | 167.5 | 157.9 | 152.8 | 167.2 | 158.8 | 132.3 | 127.4 | 131.1 | 123.3 | 107.9 | 102.8 | 97.2 | 85.9 | 79.5 | 69.7 | 51 | 48.7 | 48.3 | 45.6 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||||||||||||||||||
| Net Income | 42.8 | 44.4 | 31.5 | 42.4 | 36.5 | 38.4 | 33.9 | 32.5 | 22.8 | 22.7 | 20.0 | 18.4 | 16.6 | 14.4 | 13.4 | 14.3 | 10.0 | 12.2 | 11.8 | 10.0 | 8.5 | 8.4 | 6.6 | 7.8 | 7.0 | 5.3 | 7.9 | 6.5 | 5.9 | 5.2 | 5.7 | 5.5 |
| Depreciation & Amortization | 32.5 | 28.0 | 29.4 | 27.5 | 26.8 | 20.8 | 17.2 | 15.8 | 14.8 | 13.5 | 13.1 | 12.2 | 11.9 | 11.2 | 10.4 | 10.0 | 9.2 | 8.5 | 8.2 | 7,761.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock-Based Compensation | 1.2 | 1.5 | 2.2 | 1.6 | 1.3 | 1.1 | 0.6 | 1.1 | 0.8 | 0.8 | 0.6 | 0.5 | 0.5 | 0.6 | 0.4 | 0.3 | 0.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | (7.5) | (12.5) | (3.0) | 1.4 | (19.0) | 9.4 | (1.7) | 6.2 | (2.9) | 6.9 | (0.7) | (1.4) | 2.3 | (0.1) | (2.9) | 0.8 | (5.6) | (2.8) | (0.8) | (2.2) | (1.8) | 0.7 | 2.0 | (0.7) | (0.4) | 0.1 | (0.7) | 1 | 3 | 1.4 | 0.1 | (0.3) |
| Other Non-Cash Items | (1.3) | (1.1) | (1.8) | (6.2) | (1.6) | (2.9) | (2.2) | (0.9) | (0.7) | (0.5) | 2.4 | (0.3) | (0.4) | (0.5) | (0.1) | (0.5) | (1.0) | (0.4) | (0.3) | (0.6) | 6.6 | 5.8 | 5.3 | 3.9 | 5.4 | 4.4 | 2.9 | 2.8 | 2.9 | 2.9 | 2.8 | 3 |
| Operating Cash Flow | 62.6 | 58.7 | 52.8 | 61.4 | 33.0 | 53.4 | 36.1 | 45.9 | 42.8 | 47.1 | 51.2 | 32.6 | 33.8 | 29.6 | 22.8 | 25.6 | 18.5 | 19.1 | 18.8 | 15.9 | 13.5 | 15.6 | 14.2 | 11.1 | 12.3 | 10.0 | 10 | 10.4 | 12.6 | 10.3 | 8.9 | 8.8 |
| Investing Activities | ||||||||||||||||||||||||||||||||
| Capital Expenditure | (96.4) | (74.6) | (90.2) | (91.3) | (79.4) | (105.6) | (89.1) | (72.1) | (50.3) | (47.4) | (25.8) | (22.6) | (20.1) | (21.6) | (23.6) | (29.6) | (20.1) | (28.4) | (21.9) | (30.4) | (25.3) | (29.9) | (19.6) | (16.5) | (12.7) | (13.6) | (23.3) | (26.3) | (10.2) | (6.2) | (9) | (6) |
| Acquisitions | (4.6) | 0 | 0 | 3.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | (1.7) | (1.2) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0 | 0 | 0 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.7) | (1.2) | (0.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.9) |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.4 | 0 | 1.7 | 1.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.9 | 0 |
| Other Investing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (1.0) | (24.4) | 1.4 | (0.1) | 0.3 | 0.5 | 3.8 | (1.8) | 0.5 | (2.5) | (1.1) | (2.9) | 6.6 | (9.4) | 2.1 | (0.1) | 0.2 | (1.0) | 2.5 | (2.3) | (1.3) | (1.5) | (1.5) | (0.3) |
| Investing Cash Flow | (101.0) | (74.6) | (90.2) | (88.2) | (79.4) | (105.6) | (89.1) | (72.1) | (51.3) | (47.4) | (24.4) | (21.8) | (21.4) | (22.3) | (20.1) | (31.4) | (19.7) | (30.9) | (23.1) | (33.2) | (18.7) | (39.2) | (17.5) | (16.6) | (12.5) | (14.6) | (20.8) | (28.6) | (11.3) | (7.7) | (9.6) | (7.2) |
| Financing Activities | ||||||||||||||||||||||||||||||||
| Net Debt Issuance | 31.4 | (25.1) | 45.6 | 37.7 | 44.9 | 24.8 | 50.2 | 35.6 | 21.4 | 11.7 | 0.7 | (2.7) | (6.7) | 9.6 | 6.3 | (16.2) | 10.7 | 21.3 | 7.4 | (0.9) | 6.7 | 16.4 | 5.2 | 4.0 | 13.3 | 3.8 | 5.4 | 25.6 | 0 | (0.2) | 3.7 | 3.5 |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.1) | (1.2) |
| Dividends Paid | (24.9) | (23.5) | (22.6) | (20.9) | (19.5) | (18.3) | (16.3) | (15.1) | (14.1) | (13.3) | (12.7) | (12.4) | (12.1) | (11.9) | (11.6) | (10.7) | (9.8) | (9.6) | (9.4) | (8.4) | (7.9) | (7.6) | (7.0) | (6.8) | (6.6) | (6.4) | (6.2) | (5.3) | (5) | (4.8) | (4.6) | (4.4) |
| Other Financing Activities | 2.3 | 65.4 | 0.8 | 0.0 | 10.2 | 8.4 | 3.2 | 3.9 | 1.1 | 0.9 | 0.5 | 0.7 | 6.9 | (6.6) | 1.8 | 1.1 | (0.0) | (0.2) | 1.0 | 1.4 | 1.3 | 0.8 | 1.6 | 0.6 | (5.8) | 3.3 | 6.3 | (9.5) | 1 | 0.4 | 1 | 2.3 |
| Financing Cash Flow | 38.6 | 17.7 | 36.0 | 27.1 | 39.5 | 16.2 | 93.9 | 25.5 | 9.5 | 0.7 | (26.0) | (12.9) | (10.6) | (7.3) | (2.1) | 4.0 | 2.2 | 13.1 | 0.4 | 20.1 | 4.1 | 24.7 | 3.3 | 3.9 | 2.2 | 2.0 | 6.6 | 25.1 | (2.9) | (3.2) | 1.7 | 1.1 |
| Cash Position | ||||||||||||||||||||||||||||||||
| Net Change in Cash | 0.2 | 1.8 | (1.4) | 0.3 | (6.9) | (36.1) | 40.8 | (0.7) | 1.1 | 0.4 | 0.8 | (2.2) | 1.8 | (0.1) | 0.7 | (1.8) | 1.0 | 1.3 | (3.8) | 2.8 | (1.1) | 1.0 | 0.1 | (1.6) | 2.0 | (2.7) | (4.2) | 6.9 | (1.5) | (0.6) | 1 | 2.8 |
| Cash at Beginning | 4.2 | 2.4 | 3.8 | 3.5 | 10.4 | 46.5 | 5.7 | 6.4 | 3.9 | 3.5 | 2.7 | 4.8 | 3.0 | 3.1 | 2.5 | 4.3 | 3.3 | 2.0 | 5.8 | 3.0 | 4.0 | 3.0 | 2.9 | 4.5 | 2.5 | 5.2 | 9.4 | 2.5 | 4 | 4.9 | 3.9 | 1.1 |
| Cash at End | 4.5 | 4.2 | 2.4 | 3.8 | 3.5 | 10.4 | 46.5 | 5.7 | 4.9 | 3.9 | 3.5 | 2.7 | 4.8 | 3.0 | 3.1 | 2.5 | 4.3 | 3.3 | 2.0 | 5.8 | 3.0 | 4.0 | 3.0 | 2.9 | 4.5 | 2.5 | 5.2 | 9.4 | 2.5 | 4.3 | 4.9 | 3.9 |
| Free Cash Flow | (33.8) | (15.9) | (37.4) | (30.0) | (46.4) | (52.3) | (53.1) | (26.2) | (7.5) | (0.3) | 25.4 | 10.0 | 13.7 | 8.0 | (0.7) | (4.0) | (1.6) | (9.3) | (3.1) | (14.5) | (11.8) | (14.3) | (5.3) | (5.4) | (0.4) | (3.6) | (13.3) | (15.9) | 2.4 | 4.1 | (0.1) | 2.8 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||||||||||||||||||||||||||||
| Revenue | 194.7 | 191.9 | 166.3 | 162.4 | 143.1 | 141.6 | 134.6 | 138.1 | 130.8 | 132.9 | 126.0 | 117.1 | 114.8 | 110.4 | 102.1 | 102.7 | 91.2 | 91.0 | 86.1 | 81.1 | 74.6 | 71.0 | 64.1 | 61.9 | 59.6 | 54.5 | 53.5 | 43.1 | 40.3 | 38 | 37.8 | 36.1 | 35.5 | 30.6 | 29.9 | 26.4 | 23.5 | 24 | 22.4 | 22 |
| Gross Profit | 76.3 | 99.5 | 83.2 | 83.3 | 69.5 | 70.8 | 66.6 | 66.5 | 66.1 | 67.4 | 60.9 | 58.0 | 54.1 | 49.9 | 102.1 | 102.7 | 91.2 | 91.0 | 86.1 | 81.1 | 74.6 | 71.0 | 64.1 | 61.9 | 59.6 | 54.5 | 53.5 | 43.1 | 37.1 | 35 | 35.1 | 33.3 | 35.5 | 30.6 | 29.9 | 26.4 | 23.5 | 24 | 22.4 | 22 |
| Operating Income | 54.4 | 53.2 | 39.2 | 47.3 | 33.2 | 37.4 | 35.5 | 37.1 | 37.8 | 40.3 | 35.8 | 34.4 | 31.0 | 27.6 | 24.2 | 26.6 | 20.2 | 24.0 | 22.7 | 21.3 | 17.2 | 16.9 | 14.7 | 16.5 | 15.3 | 12.6 | 13.8 | 12.1 | 11.9 | 10.6 | 11.4 | 11.1 | 35.5 | 30.6 | 29.9 | 26.4 | 23.5 | 24 | 22.4 | 22 |
| Net Income | 42.8 | 44.4 | 31.5 | 42.4 | 36.5 | 38.4 | 33.9 | 32.5 | 22.8 | 22.7 | 20.0 | 18.4 | 16.6 | 14.4 | 13.4 | 14.3 | 10.0 | 12.2 | 11.8 | 10.0 | 8.5 | 8.4 | 6.6 | 7.8 | 7.0 | 5.3 | 7.9 | 6.5 | 5.9 | 5.2 | 5.7 | 5.5 | 5.5 | 4.4 | 4.1 | 3.5 | 3 | 3.6 | 3.2 | 3.2 |
| EPS (Diluted) | 2.36 | 2.47 | 1.76 | 2.39 | 2.07 | 2.18 | 2.01 | 1.96 | 1.38 | 1.38 | 1.22 | 1.13 | 1.03 | 0.90 | 0.84 | 0.96 | 0.72 | 0.89 | 0.87 | 0.82 | 0.71 | 0.73 | 0.61 | 0.73 | 0.66 | 0.51 | 0.76 | 0.71 | 0.67 | 0.60 | 0.68 | 0.67 | 0.67 | 0.60 | 0.57 | 0.48 | 0.46 | 0.57 | 0.51 | 0.51 |
| Balance Sheet | ||||||||||||||||||||||||||||||||||||||||
| Cash & Equivalents | 2.8 | 4.2 | 2.4 | 3.8 | 3.5 | 4.5 | 2.2 | 3.7 | 4.9 | 3.9 | 3.5 | 2.7 | 4.8 | 3.0 | 3.1 | 2.5 | 4.3 | 3.3 | 2.0 | 5.8 | 3.0 | 4.0 | 3.0 | 2.9 | 4.5 | 2.5 | 5.2 | 9.4 | 2.5 | 4.3 | 4.9 | 3.9 | ||||||||
| Total Assets | 1,365.7 | 1,255.2 | 1,236.1 | 1,074.5 | 1,020.0 | 976.5 | 909.9 | 767.8 | 661.1 | 620.2 | 584.7 | 575.8 | 530.3 | 561.7 | 537.5 | 489.2 | 458.1 | 440 | 392.7 | 370.3 | 324.4 | 299.1 | 263.2 | 244.6 | 236.4 | 219.4 | 215 | 203.5 | 159.8 | 148.7 | 144.8 | 132.4 | ||||||||
| Total Debt | 419.2 | 386.0 | 412.3 | 366.9 | 330.6 | 287.5 | 263.7 | 208.7 | 173.9 | 152.7 | 145.0 | 160.9 | 163.6 | 170.5 | 161.0 | 155.3 | 171.5 | 162.1 | 134.3 | 133.2 | 134.1 | 127.4 | 110.9 | 105.8 | 101.7 | 88.4 | 84.7 | 79.1 | 53.5 | 53 | 53.2 | 49.5 | ||||||||
| Stockholders' Equity | 494.0 | 446.9 | 425.1 | 402.4 | 369.8 | 348.3 | 325.9 | 251.2 | 231.6 | 220.9 | 209.1 | 199.7 | 191.6 | 185.0 | 180.3 | 176.6 | 143.0 | 141.2 | 137.1 | 133.3 | 103.6 | 99.2 | 83.7 | 80.6 | 76.4 | 74.7 | 74.6 | 71.7 | 56.2 | 51.9 | 50.3 | 47.7 | ||||||||
| Cash Flow | ||||||||||||||||||||||||||||||||||||||||
| Operating Cash Flow | 62.6 | 58.7 | 52.8 | 61.4 | 33.0 | 53.4 | 36.1 | 45.9 | 42.8 | 47.1 | 51.2 | 32.6 | 33.8 | 29.6 | 22.8 | 25.6 | 18.5 | 19.1 | 18.8 | 15.9 | 13.5 | 15.6 | 14.2 | 11.1 | 12.3 | 10.0 | 10 | 10.4 | 12.6 | 10.3 | 8.9 | 8.8 | ||||||||
| Capital Expenditure | (96.4) | (74.6) | (90.2) | (91.3) | (79.4) | (105.6) | (89.1) | (72.1) | (50.3) | (47.4) | (25.8) | (22.6) | (20.1) | (21.6) | (23.6) | (29.6) | (20.1) | (28.4) | (21.9) | (30.4) | (25.3) | (29.9) | (19.6) | (16.5) | (12.7) | (13.6) | (23.3) | (26.3) | (10.2) | (6.2) | (9) | (6) | ||||||||
| Free Cash Flow | (33.8) | (15.9) | (37.4) | (30.0) | (46.4) | (52.3) | (53.1) | (26.2) | (7.5) | (0.3) | 25.4 | 10.0 | 13.7 | 8.0 | (0.7) | (4.0) | (1.6) | (9.3) | (3.1) | (14.5) | (11.8) | (14.3) | (5.3) | (5.4) | (0.4) | (3.6) | (13.3) | (15.9) | 2.4 | 4.1 | (0.1) | 2.8 | ||||||||