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Other financials

Income statement

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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

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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

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Operating cash flow$11.7M-14.9%
CapEx$25.1M+47.0%
Free cash flow-$3.7M+13.0%

Valuation

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Market cap$1.1B+13.1%
Enterprise value$1.47B-12.2%
P/E25×+2.6×
P/S5.5×+0.6×

Profitability

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Operating margin28.1%0.0pp
Net margin22.1%0.0pp
FCF margin-8.3%-3.2pp

Returns & leverage

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Return on equity9.3%-0.6pp
Debt / equity0.8×-0.8×
Current ratio0.4×-0.1×

Where this comes from

Reported directly by Middlesex Water Company in its filing.

Tagged under the XBRL concept us-gaap:CommonStockValueOutstanding.

The source filing: Middlesex Water Company’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:10 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028887
Line itemMarch 31,2026December 31,2025
Common Stock, No Par Value
Shares Authorized - 40,000
Shares Outstanding -2026 - 18,577; 2025 - 18,521$282,243$279,148
Retained Earnings218,803214,883
TOTAL COMMON EQUITY$501,046$494,031
Cumulative Preferred Stock, No Par Value:
Shares Authorized - 120
Shares Outstanding -2026 -13; 2025 - 13

Item 1. Financial Statements (Unaudited):

FAQ

What is Middlesex Water Company's common stock?
Middlesex Water Company (MSEX) reported common stock of $282.24M in Q1 2026.
How has Middlesex Water Company's common stock changed year-over-year?
Middlesex Water Company's common stock increased by 605.6% year-over-year, from $40M to $282.24M.
What is the long-term trend for Middlesex Water Company's common stock?
Over 5 years (2020 to 2025), Middlesex Water Company's common stock has grown at a 5.1% compound annual growth rate (CAGR), from $217.45M to $279.15M.
What does common stock mean?
The par value of all common shares issued and outstanding, typically a nominal amount ($0.01 or $0.001 per share).

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