What is Middlesex Water Company's market cap?

Middlesex Water Company (MSEX) has a market capitalization of $1.0B and trades on NASDAQ.

What is Middlesex Water Company's revenue and profitability?

Middlesex Water Company generated $199.1M in trailing twelve-month revenue with net income of $43.9M, representing a net margin of 22.1%. These figures are based on the Q1 2026 filing.

Who are Middlesex Water Company's competitors?

Middlesex Water Company's key competitors include American Water Works Company, Inc., Essential Utilities, Inc., Artesian Resources Corporation, and others. These companies compete in similar markets and product categories.

Who does Middlesex Water Company partner with?

Middlesex Water Company's notable partners include HomeServe USA Corp., New Jersey Water Supply Authority, City of Dover.

What subsidiaries does Middlesex Water Company have?

Middlesex Water Company's subsidiaries include Tidewater Utilities, Inc., Southern Shores Water Company, LLC, White Marsh Environmental Systems, Inc., and others.

Where is Middlesex Water Company headquartered?

Middlesex Water Company is headquartered in United States of America and employs approximately 355 people. It has been publicly traded since 1973.

Middlesex Water Company

MSEX

Middlesex Water Company is a water utility enterprise that owns and operates regulated water and wastewater systems primarily in New Jersey and Delaware.

Market cap

$1.05B+11.7%

Revenue$199.1M+1.8%

Net income$43.9M+1.8%

EPS (diluted)$2.40-0.4%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 30, 2026

Revenue$48.7MMiss by $1.0M EPS$0.57In line

Read the full report

Next report

Jul 30, 2026 (Tomorrow)

Revenue estimate$54.5M

EPS estimate$0.66

Financials

Q1 2026

Income statement

See full

Revenue$48.7M+10.0%

Operating income$13.1M+13.4%

Net income$10.6M+11.9%

EPS (diluted)$0.57+7.5%

Balance sheet

See full

Cash & equivalents$3.7M+39.8%

Total debt$381.0M-46.5%

Total equity$501.0M+11.6%

Total assets$1.4B+8.4%

Cash flow

See full

Operating cash flow$11.7M-14.9%

Valuation & ratios

Valuation

See full

Market cap$1.05B+11.7%

Enterprise value$1.42B-12.7%

P/E23.8×+2.5×

P/S5.3×+0.5×

Profitability

See full

Operating margin28.1%0.0pp

Net margin22.1%0.0pp

Returns & leverage

See full

Return on equity9.3%-0.6pp

Debt / equity0.8×-0.8×

Current ratio0.4×-0.1×

Segments

By segment

See full

Regulated$45.8M—

Non – Regulated$3.1M—

By product

See full

Regulated Tariff Sales$24.2M—

Non-Regulated Contract Operations$3.0M—

Competitors

By market cap

AWK

American Water Works$26.3B-2.9%

Essential Utilities$11.2B+8.9%

California Water Service Group$3.0B+15.1%

Middlesex Water Company$1.0B+13.3%

York Water$501.5M+15.5%

Artesian Resources$355.4M+6.5%

Pure Cycle$259.8M+6.4%

Global Water Resources$211.4M-23.8%

By revenue growth

Pure Cycle+22.9%

Essential Utilities+13.1%

AWK

American Water Works+8.1%

Global Water Resources+5.7%

Artesian Resources+5.1%

California Water Service Group+4.8%

York Water+4.4%

Middlesex Water Company+1.8%

By net margin

Pure Cycle43.66%-5.9pp

York Water26.84%+0.9pp

Middlesex Water Company22.08%0.0pp

Essential Utilities21.82%-5.3pp

AWK

American Water Works21.17%-1.1pp

Artesian Resources20.31%+0.7pp

California Water Service Group12.16%-2.2pp

Global Water Resources7.87%-4.5pp

Profile

Middlesex Water Company is a water utility enterprise that owns and operates regulated water and wastewater systems primarily in New Jersey and Delaware. The company provides essential water treatment and distribution services to residential, commercial, and industrial customers while also managing municipal systems under long-term operations and maintenance contracts. Its core value proposition centers on maintaining critical infrastructure and ensuring water quality compliance through a mix of regulated utility operations and non-regulated service agreements.

Competitive position

The company holds exclusive franchises for its regulated service areas but faces competition for non-regulated municipal contracts and new franchise awards in Delaware.

GeographiesUnited States, New Jersey, Delaware

Customer segmentsResidential, Commercial, Industrial, Municipal

Business modelRegulated Utility, Service Contracts, B2G (Business to Government)

SuppliersNew Jersey Water Supply Authority, Surface Water (Delaware & Raritan Canal), Groundwater (Wells), Regulated Non-Affiliated Water Utilities

CustomersResidential Homeowners, Commercial Businesses, Industrial Facilities, Municipal Water Authorities, City of Perth Amboy, Borough of Avalon

CountryUnited States of America

Listed1973

Employees355.0

CEONadine Duchemin-Leslie

SectorUtilities

IndustryRegulated Water

Websitemiddlesexwater.com

FilingsSEC EDGAR

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Questions, answered.

What is Middlesex Water Company's market cap?: Middlesex Water Company (MSEX) has a market capitalization of $1.0B and trades on NASDAQ.
What is Middlesex Water Company's revenue and profitability?: Middlesex Water Company generated $199.1M in trailing twelve-month revenue with net income of $43.9M, representing a net margin of 22.1%. These figures are based on the Q1 2026 filing.
Who are Middlesex Water Company's competitors?: Middlesex Water Company's key competitors include American Water Works Company, Inc., Essential Utilities, Inc., Artesian Resources Corporation, and others. These companies compete in similar markets and product categories.
Who does Middlesex Water Company partner with?: Middlesex Water Company's notable partners include HomeServe USA Corp., New Jersey Water Supply Authority, City of Dover.
What subsidiaries does Middlesex Water Company have?: Middlesex Water Company's subsidiaries include Tidewater Utilities, Inc., Southern Shores Water Company, LLC, White Marsh Environmental Systems, Inc., and others.
Where is Middlesex Water Company headquartered?: Middlesex Water Company is headquartered in United States of America and employs approximately 355 people. It has been publicly traded since 1973.