Middlesex Water Company Statistics
Total Valuation
MSEX has a market cap or net worth of $926.61 million. The enterprise value is $1.34 billion.
Important Dates
The last earnings date was Friday, October 31, 2025, after market close.
| Earnings Date | Oct 31, 2025 |
| Ex-Dividend Date | Nov 17, 2025 |
Share Statistics
MSEX has 18.34 million shares outstanding. The number of shares has increased by 0.39% in one year.
| Current Share Class | 18.34M |
| Shares Outstanding | 18.34M |
| Shares Change (YoY) | +0.39% |
| Shares Change (QoQ) | +0.89% |
| Owned by Insiders (%) | 1.49% |
| Owned by Institutions (%) | 78.85% |
| Float | 18.06M |
Valuation Ratios
The trailing PE ratio is 21.18 and the forward PE ratio is 19.38. MSEX's PEG ratio is 2.38.
| PE Ratio | 21.18 |
| Forward PE | 19.38 |
| PS Ratio | 4.66 |
| Forward PS | 4.40 |
| PB Ratio | 1.92 |
| P/TBV Ratio | 1.92 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | 14.14 |
| PEG Ratio | 2.38 |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 31.17 |
| EV / Sales | 6.87 |
| EV / EBITDA | 14.83 |
| EV / EBIT | 22.89 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.42, with a Debt / Equity ratio of 0.86.
| Current Ratio | 0.42 |
| Quick Ratio | 0.31 |
| Debt / Equity | 0.86 |
| Debt / EBITDA | 4.56 |
| Debt / FCF | n/a |
| Interest Coverage | 4.23 |
Financial Efficiency
Return on equity (ROE) is 9.27% and return on invested capital (ROIC) is 4.24%.
| Return on Equity (ROE) | 9.27% |
| Return on Assets (ROA) | 2.84% |
| Return on Invested Capital (ROIC) | 4.24% |
| Return on Capital Employed (ROCE) | 4.78% |
| Revenue Per Employee | $541,172 |
| Profits Per Employee | $119,275 |
| Employee Count | 360 |
| Asset Turnover | 0.15 |
| Inventory Turnover | 13.37 |
Taxes
In the past 12 months, MSEX has paid $4.50 million in taxes.
| Income Tax | 4.50M |
| Effective Tax Rate | 9.48% |
Stock Price Statistics
The stock price has decreased by -24.56% in the last 52 weeks. The beta is 0.86, so MSEX's price volatility has been lower than the market average.
| Beta (5Y) | 0.86 |
| 52-Week Price Change | -24.56% |
| 50-Day Moving Average | 55.01 |
| 200-Day Moving Average | 56.23 |
| Relative Strength Index (RSI) | 37.00 |
| Average Volume (20 Days) | 166,300 |
Short Selling Information
The latest short interest is 610,209, so 3.33% of the outstanding shares have been sold short.
| Short Interest | 610,209 |
| Short Previous Month | 528,481 |
| Short % of Shares Out | 3.33% |
| Short % of Float | 3.38% |
| Short Ratio (days to cover) | 5.14 |
Income Statement
In the last 12 months, MSEX had revenue of $194.82 million and earned $42.94 million in profits. Earnings per share was $2.39.
| Revenue | 194.82M |
| Gross Profit | 102.20M |
| Operating Income | 58.47M |
| Pretax Income | 47.53M |
| Net Income | 42.94M |
| EBITDA | 90.26M |
| EBIT | 58.47M |
| Earnings Per Share (EPS) | $2.39 |
Full Income StatementBalance Sheet
The company has $3.38 million in cash and $415.36 million in debt, giving a net cash position of -$411.97 million or -$22.47 per share.
| Cash & Cash Equivalents | 3.38M |
| Total Debt | 415.36M |
| Net Cash | -411.97M |
| Net Cash Per Share | -$22.47 |
| Equity (Book Value) | 483.90M |
| Book Value Per Share | 26.32 |
| Working Capital | -68.68M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $65.53 million and capital expenditures -$101.39 million, giving a free cash flow of -$35.86 million.
| Operating Cash Flow | 65.53M |
| Capital Expenditures | -101.39M |
| Free Cash Flow | -35.86M |
| FCF Per Share | -$1.96 |
Full Cash Flow StatementMargins
Gross margin is 52.46%, with operating and profit margins of 30.01% and 22.08%.
| Gross Margin | 52.46% |
| Operating Margin | 30.01% |
| Pretax Margin | 24.39% |
| Profit Margin | 22.08% |
| EBITDA Margin | 46.33% |
| EBIT Margin | 30.01% |
| FCF Margin | n/a |
Dividends & Yields
This stock pays an annual dividend of $1.44, which amounts to a dividend yield of 2.79%.
| Dividend Per Share | $1.44 |
| Dividend Yield | 2.79% |
| Dividend Growth (YoY) | 4.94% |
| Years of Dividend Growth | 52 |
| Payout Ratio | 57.85% |
| Buyback Yield | -0.39% |
| Shareholder Yield | 2.47% |
| Earnings Yield | 4.63% |
| FCF Yield | -3.87% |
Dividend DetailsAnalyst Forecast
The average price target for MSEX is $61.67, which is 22.05% higher than the current price. The consensus rating is "Buy".
| Price Target | $61.67 |
| Price Target Difference | 22.05% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
| 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 |
