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Middlesex Water Company MSEX Non – Regulated — Interest Charges

Other segment segments

Regulated
$3.41M

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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+14.0%
Enterprise value$1.47B-11.7%
P/E25×+2.8×
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:InterestExpenseNonoperating.

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 itemThree months ended March 31, 2026Three months ended March 31, 2025
Operation by Segments (continued)
Interest Charges:
Regulated$3,414$2,872
Non – Regulated
Total Reportable Segments3,4142,872
Inter-segment Elimination(200)(159)
Consolidated Interest Charges$3,214$2,713
Income Taxes:

Item 1. Financial Statements (Unaudited):

FAQ

What is Middlesex Water Company's non – regulated — interest charges?
Middlesex Water Company (MSEX) reported non – regulated — interest charges of $0 in Q1 2026.
What does non – regulated — interest charges mean?
Represents the cost of debt servicing specifically allocated to the non-regulated segment's operations. This metric is essential for evaluating the segment's financial leverage and interest coverage capabilities.

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