Skip to content
OpenCapital
Get started

Middlesex Water Company MSEX Unbilled Revenue

Unbilled Revenue at other companies

Essential Utilities logo
Essential UtilitiesWTRG
$131.22M+13.1%
AWK
American Water WorksAWK
$451M+35.8%
AWR
American States WaterAWR
$32.16M-9.8%
NWN
Northwest NaturalNWN
$61.24M+2.2%

Other financials

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

Valuation

See full
Market cap$1.02B+1.1%
Enterprise value$1.39B-18.7%
P/E23.1×-0.2×
P/S5.1×0.0×

Profitability

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

Returns & leverage

See full
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:UnbilledReceivablesCurrent.

The official record: Middlesex Water Company’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

Ask your AI about Middlesex Water Company's unbilled revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Middlesex Water Company's unbilled revenue?
Middlesex Water Company (MSEX) reported unbilled revenue of $10.35M in Q1 2026.
How has Middlesex Water Company's unbilled revenue changed year-over-year?
Middlesex Water Company's unbilled revenue increased by 0.6% year-over-year, from $10.28M to $10.35M.
What is the long-term trend for Middlesex Water Company's unbilled revenue?
Over 5 years (2020 to 2025), Middlesex Water Company's unbilled revenue has grown at a 5.8% compound annual growth rate (CAGR), from $7.07M to $9.36M.
What does unbilled revenue mean?
Reflects the value of services provided to customers that have been earned but not yet invoiced as of the balance sheet date. This metric is a key indicator of working capital efficiency and revenue recognition timing in the utility billing cycle. Fluctuations can signal changes in billing frequency or seasonal demand patterns.