Middlesex Water Company (MSEX)

NASDAQ: MSEX · Real-Time Price · USD

58.52

-0.29 (-0.50%)

Aug 19, 2026, 11:30 AM EDT - Market open

Middlesex Water Company Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	1,103	925	940	1,168	1,388	2,105
Market Cap Growth	15.53%	-1.61%	-19.58%	-15.79%	-34.08%	66.26%
Enterprise Value	1,540	1,338	1,316	1,575	1,741	2,430

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	22.55	21.63	21.24	37.21	32.80	57.79
PS Ratio	5.38	4.75	4.90	7.03	8.54	14.71
PB Ratio	2.13	1.87	2.10	2.75	3.45	5.69
P/OCF Ratio	18.90	14.77	16.00	22.14	22.61	63.73

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	7.50	6.87	6.86	9.48	10.72	16.98
EV/EBITDA Ratio	15.92	14.62	15.25	22.11	23.48	39.17
EV/EBIT Ratio	23.81	22.66	22.59	37.67	37.32	68.96

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt / Equity Ratio	0.84	0.84	0.86	0.97	0.91	0.89
Debt / EBITDA Ratio	4.48	4.52	4.43	5.71	4.90	5.26
Net Debt / Equity Ratio	0.84	0.84	0.85	0.96	0.90	0.88
Net Debt / EBITDA Ratio	4.50	4.53	4.42	5.74	4.90	5.27
Net Debt / FCF Ratio	-12.11	-12.28	-24.02	-10.94	-12.11	-7.06
Quick Ratio	0.34	0.33	0.41	0.29	0.24	0.46
Current Ratio	0.50	0.45	0.52	1.05	0.32	0.61
Asset Turnover	0.15	0.15	0.15	0.14	0.16	0.14
Return on Equity (ROE)	9.77%	9.09%	10.17%	7.62%	10.99%	10.18%
Return on Assets (ROA)	2.96%	2.82%	2.92%	2.26%	2.78%	2.21%
Return on Capital Employed (ROCE)	4.90%	4.60%	5.00%	3.70%	4.90%	3.70%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 19, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Earnings Yield	4.32%	4.63%	4.72%	2.70%	3.06%	1.74%
FCF Yield	-3.26%	-3.65%	-1.69%	-3.20%	-2.16%	-2.20%
Dividend Yield	2.46%	2.77%	2.60%	2.05%	1.63%	1.01%
Payout Ratio	55.59%	58.38%	53.02%	71.57%	49.33%	53.34%
Buyback Yield / Dilution	-2.96%	-1.06%	-0.56%	-0.76%	-0.60%	-0.19%
Total Shareholder Return	-0.52%	1.71%	2.04%	1.29%	1.03%	0.82%

SEC Filings: 10-K · 10-Q