MSEX
MIDDLESEX WATER COCompany Information
- Company Name
- MIDDLESEX WATER CO
- CIK
- CIK0000066004
- Category
- Large accelerated filer
- Ticker: Exchange
- MSEX: Nasdaq, MSEXP: OTC
- Fiscal Year End
- December 31
- Owner Organization
- 01 Energy & Transportation
- SIC
- 4941
- SIC Description
- Water Supply
- Ticker
- MSEX
SEC filing data through
Insider Sentiment
- Last purchase
- 2026-02-27
- Last sale
- 2026-03-04
- Shares purchased (TTM)
- 2,000
- Shares sold (TTM)
- 6,153
Institutional Sentiment
- As of
- 2026-03-31
- Institutional shares owned
- 13,252,819
- Shares outstanding
- 18,545,000
- Ownership
- 71.46%
Earnings Market Reaction
- Filing date
- 2026-07-30
- Price on filing date
- —
- 1-month reaction
- Pending
- 3-month reaction
- Pending
Balance Sheet
Values in millions ($)| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Public Utilities Property Plant And Equipment Net | ||||||||||||||||||
| Public Utilities Property Plant And Equipment Generation Or Processing | 336 | 334 | 328 | 326 | 324 | 320 | 315 | 311 | 307 | 307 | 304 | 299 | ||||||
| Public Utilities Property Plant And Equipment Transmission And Distribution | 973 | 954 | 938 | 918 | 890 | 872 | 855 | 837 | 825 | 817 | 810 | 784 | ||||||
| Public Utilities Property Plant And Equipment Common | 108 | 108 | 111 | 108 | 107 | 106 | 105 | 104 | 102 | 101 | 101 | 100 | ||||||
| Public Utilities Property Plant And Equipment Construction Work In Progress | 60 | 50 | 44 | 37 | 44 | 32 | 34 | 35 | 30 | 24 | 20 | 32 | ||||||
| Public Utilities Property Plant And Equipment Plant In Service | 1,478 | 1,445 | 1,422 | 1,390 | 1,365 | 1,331 | 1,310 | 1,287 | 1,264 | 1,249 | 1,234 | 1,216 | ||||||
| Public Utilities Property Plant And Equipment Accumulated Depreciation | 281 | 276 | 275 | 270 | 265 | 259 | 254 | 249 | 244 | 240 | 236 | 230 | ||||||
| Public Utilities Property Plant And Equipment Net | 1,197 | 1,169 | 1,147 | 1,119 | 1,100 | 1,072 | 1,055 | 1,038 | 1,020 | 1,009 | 998 | 985 | ||||||
Assets Current | ||||||||||||||||||
| Cash And Cash Equivalents At Carrying Value | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 6 | 8 | 3 | 2 | 3 | ||||||
| Accounts Receivable Net Current | 21 | 19 | 19 | 23 | 21 | 20 | 19 | 23 | 20 | 16 | 18 | 19 | ||||||
| Unbilled Receivables Current | 12 | 10 | 9 | 11 | 13 | 10 | 11 | 13 | 13 | 11 | 9 | 11 | ||||||
| Inventory Raw Materials And Supplies | 9 | 8 | 8 | 7 | 7 | 7 | 7 | 7 | 6 | 7 | 7 | 6 | ||||||
| Prepaid Expense Current | 6 | 6 | 3 | 5 | 6 | 6 | 2 | 3 | 4 | 4 | 2 | 3 | ||||||
| Regulatory Assets Current | 2 | 2 | - | - | - | - | - | - | - | - | - | - | ||||||
| Assets Current | 52 | 47 | 42 | 50 | 50 | 46 | 43 | 52 | 121 | 111 | 109 | 136 | ||||||
Assets Noncurrent | ||||||||||||||||||
| Operating Lease Right Of Use Asset | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | ||||||
| Restricted Cash Noncurrent | 2 | 2 | 2 | 2 | 2 | - | 0 | - | - | - | - | - | ||||||
| Regulatory Assets Noncurrent | 106 | 103 | 110 | 110 | 105 | 103 | 102 | 96 | 91 | 90 | 91 | 94 | ||||||
| Other Assets Noncurrent | 6 | 6 | 6 | 7 | 5 | 5 | 4 | - | 0 | 0 | 2 | 0 | ||||||
| Other Assets | 175 | 170 | 177 | 173 | 166 | 160 | 157 | 140 | 133 | 130 | 129 | 122 | ||||||
| Assets | 1,423 | 1,386 | 1,366 | 1,342 | 1,316 | 1,279 | 1,255 | 1,230 | 1,275 | 1,250 | 1,236 | 1,243 | ||||||
Capitalization Longterm Debt And Equity | ||||||||||||||||||
| Common Stock Value | 294 | 282 | 279 | 270 | 253 | 249 | 248 | 248 | 247 | 247 | 247 | 243 | ||||||
| Retained Earnings Accumulated Deficit | 227 | 219 | 215 | 213 | 205 | 200 | 197 | 194 | 186 | 181 | 176 | 176 | ||||||
| Partners Capital | 521 | 501 | 494 | 483 | 458 | 449 | 445 | 442 | 433 | 428 | 423 | - | ||||||
| Preferred Stock Value | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||||
| Long Term Debt Noncurrent | 396 | 372 | 379 | 350 | 351 | 351 | 353 | 352 | 356 | 357 | 358 | 354 | ||||||
| Capitalization Longterm Debt And Equity | 918 | 874 | 874 | 834 | 810 | 802 | 800 | 796 | 791 | 787 | 783 | 776 | ||||||
Liabilities Current | ||||||||||||||||||
| Long Term Debt Current | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 7 | ||||||
| Notes Payable Current | - | 47 | 28 | 55 | 55 | 34 | 23 | 18 | 72 | 58 | 43 | 42 | ||||||
| Accounts Payable Current | 31 | 29 | 31 | 28 | 31 | 32 | 28 | 32 | 25 | 23 | 28 | 29 | ||||||
| Accrued Income Taxes Current | 19 | 22 | 16 | 16 | 15 | 17 | 12 | 13 | 14 | 15 | 11 | 8 | ||||||
| Interest Payable Current | - | - | - | - | - | - | - | - | - | - | - | 3 | ||||||
| Accrued Liabilities Current | 3 | 3 | 3 | 3 | 3 | 2 | 3 | 2 | 3 | 3 | 3 | - | ||||||
| Regulatory Liability Current | 2 | 3 | - | - | - | - | - | - | - | - | - | - | ||||||
| Contract With Customer Liability Current | 0 | 0 | 0 | 1 | 2 | 2 | 1 | 2 | 2 | 1 | 1 | 1 | ||||||
| Other Liabilities Current | 7 | 6 | 7 | 8 | 8 | 7 | 8 | 5 | 4 | 3 | 4 | 3 | ||||||
| Liabilities Current | 105 | 120 | 94 | 118 | 121 | 101 | 83 | 80 | 135 | 117 | 104 | 121 | ||||||
| Long Term Debt And Capital Lease Obligations Current | - | - | - | - | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | ||||||
Liabilities Noncurrent | ||||||||||||||||||
| Construction Payable Current And Noncurrent | 27 | 26 | 26 | 24 | - | - | 23 | - | - | - | - | - | ||||||
| Operating Lease Liability Noncurrent | 1 | 2 | 2 | 2 | - | - | 2 | - | - | - | - | - | ||||||
| Deferred Income Tax Liabilities Net | 114 | 111 | 110 | 111 | 107 | 104 | 101 | 95 | 92 | 90 | 89 | 88 | ||||||
| Regulatory Liability Noncurrent | 64 | 61 | 68 | 63 | 64 | 64 | 65 | 54 | 55 | 58 | 113 | 113 | ||||||
| Other Liabilities Noncurrent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | ||||||
| Other Liabilities | 206 | 200 | 206 | 200 | 197 | 193 | 191 | 174 | 171 | 172 | 227 | 226 | ||||||
| Contributions In Aid Of Construction | 195 | 192 | 191 | 190 | 187 | 183 | 181 | 180 | 177 | 174 | 122 | 120 | ||||||
| Liabilities And Stockholders Equity | 1,423 | 1,386 | 1,366 | 1,342 | 1,316 | 1,279 | 1,255 | 1,230 | 1,275 | 1,250 | 1,236 | 1,243 | ||||||
| Allowance For Doubtful Accounts Receivable Current | 3 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 2 | 2 | ||||||
| Common Stock Shares Authorized | 40 | 40 | 40 | 40 | 40 | 40 | 40 | - | - | - | - | - | ||||||
| Common Stock Shares Issued | 19 | 19 | 19 | 18 | 18 | 18 | 18 | - | - | - | - | - | ||||||
| Shares Outstanding | 19 | 19 | 19 | - | - | - | 18 | - | - | - | - | - | ||||||
| Preferred Stock Shares Authorized | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | ||||||
| Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | ||||||
| Preferred Stock Shares Outstanding | 0 | 0 | 0 | - | - | - | 0 | - | - | - | - | - | ||||||
Select a line item above to chart it.
Recent filings
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
- 10-QFiled
- 10-QFiled
- 10-KFiled
- 10-QFiled
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Start 7-day free trialMIDDLESEX WATER CO (MSEX) — SEC Financial Statements & Analysis
MIDDLESEX WATER CO (MSEX) is a water supply company, incorporated in NJ. MIDDLESEX WATER CO trades on Nasdaq, OTC as: MSEX, MSEXP. MIDDLESEX WATER CO (MSEX)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-30. Based on that filing, MIDDLESEX WATER CO carries a market cap of $1.04B, a P/E ratio of 21.78x, a P/B ratio of 2.00x, a P/S ratio of 5.07x, an enterprise value of $1.43B, and an EV/EBITDA multiple of 15.46x. On profitability, it posts a gross margin of 92.09%, an operating margin of 29.22%, a net margin of 23.26%, a Return on Equity (ROE) of 9.80%, a Return on Assets (ROA) of 3.50%, and a Return on Invested Capital (ROIC) of 5.08%. Per share, it reports EPS of $2.56, diluted EPS of $2.56, free cash flow per share of $3.13, and a dividend per share of $1.40. Over the trailing year, it posted revenue growth of -27.80% year-over-year, net income growth of 10.64% year-over-year, and EPS growth of 6.23% year-over-year. On the balance sheet, it maintains a current ratio of 0.50x, a quick ratio of 0.44x, working capital of $-52.67M, a debt-to-equity ratio of 0.20x, a debt ratio of 0.07, an interest coverage ratio of 3.97x, free cash flow of $58.64M (TTM), and net debt of $384.47M. Figures sourced from SEC EDGAR.
- Market Cap
- $1.04B
- P/E TTM
- 21.78x
- EPS TTM
- $2.56
- P/B TTM
- 2.00x
- ROE TTM
- 9.80%
- ROA TTM
- 3.50%
- Debt To Equity
- 0.20x
- Free Cash Flow TTM
- $58.64M
- Net Revenue TTM Growth 1Y
- -27.80%
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is MIDDLESEX WATER CO in?
MIDDLESEX WATER CO (MSEX) operates in the Water Supply industry.
What exchange does MSEX trade on?
MIDDLESEX WATER CO (MSEX) trades on the Nasdaq, OTC.
Where is MIDDLESEX WATER CO incorporated?
MIDDLESEX WATER CO is incorporated in NJ.
When was MIDDLESEX WATER CO (MSEX)'s most recent SEC filing?
MIDDLESEX WATER CO (MSEX)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-07-30.
What is MSEX's market cap?
MIDDLESEX WATER CO (MSEX) has a market capitalization of $1.04B as of 2026-06-30.
What is MSEX's P/E ratio?
MIDDLESEX WATER CO (MSEX)'s trailing twelve month P/E ratio is 21.78x as of 2026-06-30.
What is MSEX's EPS (earnings per share)?
MIDDLESEX WATER CO (MSEX)'s trailing twelve month EPS is $2.56 as of 2026-06-30.
What is MSEX's ROE (return on equity)?
MIDDLESEX WATER CO (MSEX)'s trailing twelve month Return on Equity (ROE) is 9.80% as of 2026-06-30.
What is MSEX's ROA (return on assets)?
MIDDLESEX WATER CO (MSEX)'s trailing twelve month Return on Assets (ROA) is 3.50% as of 2026-06-30.
What is MSEX's ROIC (return on invested capital)?
MIDDLESEX WATER CO (MSEX)'s trailing twelve month Return on Invested Capital (ROIC) is 5.08% as of 2026-06-30.
What is MSEX's EV/EBITDA?
MIDDLESEX WATER CO (MSEX)'s trailing twelve month EV/EBITDA is 15.46x as of 2026-06-30.