NASDAQ · Regulated Water

Middlesex Water Company (MSEX) Stock

$56.03 +0.41% NASDAQ: MSEX Utilities

Valuation

MetricValue
Price$56.03
Market Cap$1.06B
P/E Ratio20.52
P/B Ratio1.92
P/S Ratio4.90
EPS (TTM)$2.36
52-Week High$62.18
52-Week Low$44.17
Dividend Yield2.69%

Financials & Margins

MetricValue
ROE9.57%
ROA3.37%
ROCE4.57%
Gross Margin28.21%
Operating Margin27.69%
Net Margin23.26%
Debt/Equity0.84
Current Ratio0.45

Annual Financials (USD)

Metric20212022202320242025
Revenue$143.0M$162.0M$166.0M$192.0M$195.0M
Operating Profit$33.0M$47.0M$39.0M$53.0M$54.0M
Net Profit$37.0M$42.0M$32.0M$44.0M$43.0M
EPS$2.07$2.39$1.76$2.47$2.36
Op Margin23.2%29.1%23.6%27.7%27.9%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$1.0B$1.1B$1.2B$1.3B$1.4B
Total Liabilities$650.0M$672.0M$811.0M$808.0M$870.0M
Cash$4.0M$4.0M$2.0M$4.0M$3.0M
Borrowings$331.0M$367.0M$412.0M$386.0M$417.0M

Latest News

Middlesex Water Company (NASDAQ:MSEX) Analysts Are Pretty Bullish On The Stock After Recent Results Simply Wall St. · May 4, 2026 Middlesex Water Company Reports First Quarter 2026 Earnings GlobeNewswire · Apr 30, 2026 Middlesex Water: Q1 Earnings Snapshot Associated Press · Apr 30, 2026 Earnings To Watch: Middlesex Water Co (MSEX) Reports Q1 2026 Result GuruFocus.com · Apr 29, 2026 Middlesex Water Company Declares Quarterly Cash Dividend GlobeNewswire · Apr 24, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$33.0M$61.0M$53.0M$59.0M$63.0M
Investing Cash Flow$-159.0M$-180.0M$-180.0M$-149.0M$-197.0M
Financing Cash Flow$10.0M$0$1.0M$65.0M$2.0M
Net Cash Flow$-7.0M$0$-1.0M$2.0M$0
Free Cash Flow$-46.0M$-30.0M$-37.0M$-16.0M$-34.0M

Valuation & Return Ratios

MetricValue
PEG Ratio0.01
EV / EBITDA14.72
FCF Yield1.49%
Quick Ratio0.41
Interest Coverage3.97
Return 1Y7.31%
Return 3Y-27.20%
Return 5Y-32.79%

About Middlesex Water Company

Middlesex Water Company is led by CEO Nadine Duchemin-Leslie, employs 360 people, headquartered in US, publicly traded since 1973.

Middlesex Water Company (MSEX) stock trades at $56.03 with a market capitalization of $1.06B. The stock is valued at a price-to-earnings (P/E) ratio of 20.52, price-to-book of 1.92, price-to-sales of 4.90. Over the past 52 weeks the stock has ranged between $44.17 and $62.18, and currently trades 9.9% below its 52-week high. It pays a dividend yielding 2.69%.

On profitability, Middlesex Water Company generates a return on equity (ROE) of 9.57%, return on capital employed of 4.57%, an operating margin of 27.69%, a net profit margin of 23.26%.

Middlesex Water Company by the numbers, 2016–2025

Between 2016 and 2025 Middlesex Water Company reported revenue of $133.0M rising to $195.0M, a change of +46.6% across 10 years. Compounded, revenue has grown 6.5% a year over five years, 6.4% over three, 1.6% over the last twelve months. Net profit rose to $43.0M.

Operating margin went from 30.3% in 2016 to 27.9% in 2025, a fall of 2.4 percentage points. The most recent net margin is 23.26%. On a trailing twelve-month basis to Jun '26, revenue is $206.0M and net profit $49.0M.

Borrowings rose from $153.0M to $417.0M, cash from operations was $63.0M in the latest year, positive in 10 of the last 10.

Return on equity has averaged 9.3% over five years, and was 8.7% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

Middlesex Water Company (MSEX) — frequently asked questions

What is Middlesex Water Company (MSEX) stock price today?

Middlesex Water Company (MSEX) is currently trading at $56.03, up 0.41% today.

What is MSEX P/E ratio?

Middlesex Water Company's P/E ratio is 20.52. This is between 15x and 30x, around the typical market average of roughly 18-22x.

What is MSEX return on equity (ROE)?

Middlesex Water Company's return on equity (ROE) is 9.57%. ROE measures net income relative to shareholders' equity. This is below the typical market range of roughly 12-15%.

What is Middlesex Water Company's market cap?

Middlesex Water Company has a market capitalization of $1.06B.

Does MSEX pay a dividend?

Yes. Middlesex Water Company currently yields 2.69%. Yield moves with the share price, so it changes daily even when the payment does not.

How much debt does MSEX carry?

Middlesex Water Company has a debt-to-equity ratio of 0.84. That compares total borrowings with shareholders' equity: a figure under 1 means equity exceeds debt.

What is MSEX's profit margin?

Middlesex Water Company reports a net profit margin of 23.26% — the share of revenue left after every cost, including tax and interest.

What sector is MSEX in?

Middlesex Water Company is classified under Utilities, in the Regulated Water industry. Ratios are most informative compared with other companies in the same industry rather than across the whole market.

Which exchange is MSEX listed on?

Middlesex Water Company trades on NASDAQ under the ticker MSEX.

What is MSEX's 52-week range?

Over the last year Middlesex Water Company has traded between $44.17 and $62.18.

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Screens MSEX currently matches

On the figures above, Middlesex Water Company passes the filters for 10 of our ready-made screens, among them Dividend Stocks, High Profit Margin Stocks, Small Cap Stocks. Appearing on a screen means the numbers meet its filters today and nothing more; the list is rebuilt whenever the data changes.

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