Middlesex Water Company Statistics
Total Valuation
MSEX has a market cap or net worth of $1.05 billion. The enterprise value is $1.46 billion.
Important Dates
The next confirmed earnings date is Friday, October 31, 2025, after market close.
| Earnings Date | Oct 31, 2025 |
| Ex-Dividend Date | Nov 17, 2025 |
Share Statistics
MSEX has 18.02 million shares outstanding. The number of shares has increased by 0.21% in one year.
| Current Share Class | 18.02M |
| Shares Outstanding | 18.02M |
| Shares Change (YoY) | +0.21% |
| Shares Change (QoQ) | +0.23% |
| Owned by Insiders (%) | 1.52% |
| Owned by Institutions (%) | 82.26% |
| Float | 17.74M |
Valuation Ratios
The trailing PE ratio is 24.04 and the forward PE ratio is 22.93. MSEX's PEG ratio is 3.91.
| PE Ratio | 24.04 |
| Forward PE | 22.93 |
| PS Ratio | 5.30 |
| Forward PS | 4.99 |
| PB Ratio | 2.28 |
| P/TBV Ratio | 2.28 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 14.33 |
| PEG Ratio | 3.91 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 33.71 |
| EV / Sales | 7.45 |
| EV / EBITDA | 16.42 |
| EV / EBIT | 25.00 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.41, with a Debt / Equity ratio of 0.91.
| Current Ratio | 0.41 |
| Quick Ratio | 0.30 |
| Debt / Equity | 0.91 |
| Debt / EBITDA | 4.65 |
| Debt / FCF | n/a |
| Interest Coverage | 4.47 |
Financial Efficiency
Return on equity (ROE) is 9.70% and return on invested capital (ROIC) is 4.17%.
| Return on Equity (ROE) | 9.70% |
| Return on Assets (ROA) | 2.82% |
| Return on Invested Capital (ROIC) | 4.17% |
| Return on Capital Employed (ROCE) | 4.89% |
| Revenue Per Employee | $543,975 |
| Profits Per Employee | $120,244 |
| Employee Count | 360 |
| Asset Turnover | 0.15 |
| Inventory Turnover | 14.07 |
Taxes
In the past 12 months, MSEX has paid $4.81 million in taxes.
| Income Tax | 4.81M |
| Effective Tax Rate | 9.99% |
Stock Price Statistics
The stock price has decreased by -9.99% in the last 52 weeks. The beta is 0.82, so MSEX's price volatility has been lower than the market average.
| Beta (5Y) | 0.82 |
| 52-Week Price Change | -9.99% |
| 50-Day Moving Average | 55.06 |
| 200-Day Moving Average | 56.04 |
| Relative Strength Index (RSI) | 52.70 |
| Average Volume (20 Days) | 119,129 |
Short Selling Information
The latest short interest is 528,481, so 2.93% of the outstanding shares have been sold short.
| Short Interest | 528,481 |
| Short Previous Month | 482,948 |
| Short % of Shares Out | 2.93% |
| Short % of Float | 2.98% |
| Short Ratio (days to cover) | 4.16 |
Income Statement
In the last 12 months, MSEX had revenue of $195.83 million and earned $43.29 million in profits. Earnings per share was $2.41.
| Revenue | 195.83M |
| Gross Profit | 101.58M |
| Operating Income | 58.36M |
| Pretax Income | 48.19M |
| Net Income | 43.29M |
| EBITDA | 88.85M |
| EBIT | 58.36M |
| Earnings Per Share (EPS) | $2.41 |
Full Income StatementBalance Sheet
The company has $2.56 million in cash and $416.63 million in debt, giving a net cash position of -$414.07 million or -$22.98 per share.
| Cash & Cash Equivalents | 2.56M |
| Total Debt | 416.63M |
| Net Cash | -414.07M |
| Net Cash Per Share | -$22.98 |
| Equity (Book Value) | 459.14M |
| Book Value Per Share | 25.41 |
| Working Capital | -71.97M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $72.94 million and capital expenditures -$101.13 million, giving a free cash flow of -$28.19 million.
| Operating Cash Flow | 72.94M |
| Capital Expenditures | -101.13M |
| Free Cash Flow | -28.19M |
| FCF Per Share | -$1.56 |
Full Cash Flow StatementMargins
Gross margin is 51.87%, with operating and profit margins of 29.80% and 22.15%.
| Gross Margin | 51.87% |
| Operating Margin | 29.80% |
| Pretax Margin | 24.61% |
| Profit Margin | 22.15% |
| EBITDA Margin | 45.37% |
| EBIT Margin | 29.80% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.36, which amounts to a dividend yield of 2.23%.
| Dividend Per Share | $1.36 |
| Dividend Yield | 2.23% |
| Dividend Growth (YoY) | 4.94% |
| Years of Dividend Growth | 52 |
| Payout Ratio | 57.20% |
| Buyback Yield | -0.21% |
| Shareholder Yield | 2.14% |
| Earnings Yield | 4.14% |
| FCF Yield | -2.70% |
Dividend DetailsAnalyst Forecast
The average price target for MSEX is $61.00, which is 5.15% higher than the current price. The consensus rating is "Buy".
| Price Target | $61.00 |
| Price Target Difference | 5.15% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsFair Value
There are several formulas that can be used to estimate the intrinsic value of a stock.
| Lynch Fair Value | |
| Lynch Upside | |
| Graham Number | |
| Graham Upside | |
Stock Splits
The last stock split was on November 17, 2003. It was a forward split with a ratio of 1.33333:1.
| Last Split Date | Nov 17, 2003 |
| Split Type | Forward |
| Split Ratio | 1.33333:1 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 5 |
