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Discontinued — last reported Q1 '26

Total Revenue at other companies

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$23.52M+22.5%
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$13.29M+6.7%

Segments

By segment

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Regulated$45.78M
Non – Regulated$3.09M

By product

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Regulated Tariff Sales$24.19M
Non-Regulated Contract Operations$2.97M

Other financials

Income statement

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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:Revenues.

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
Operating Revenues$48,714$44,301
Operating Expenses:
Operations and Maintenance23,01221,109
Depreciation7,0366,527
Other Taxes5,5645,108
Total Operating Expenses35,61232,744
Operating Income13,10211,557
Other Income:

Item 1. Financial Statements (Unaudited):

FAQ

What is Middlesex Water Company's total revenue?
Middlesex Water Company (MSEX) reported total revenue of $48.71M in Q1 2026.
How has Middlesex Water Company's total revenue changed year-over-year?
Middlesex Water Company's total revenue increased by 10.0% year-over-year, from $44.3M to $48.71M.
What is the long-term trend for Middlesex Water Company's total revenue?
Over 4 years (2021 to 2025), Middlesex Water Company's total revenue has grown at a 8.0% compound annual growth rate (CAGR), from $143.14M to $194.66M.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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