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Discontinued — last reported Q1 '26

Shares (Diluted) at other companies

Essential Utilities logo
Essential UtilitiesWTRG
283.6M+2.9%
Artesian Resources logo
Artesian ResourcesARTNA
10.3M+0.2%
AWK
American Water WorksAWK
195M0.0%
York Water logo
York WaterYORW
15.9M+10.3%
Pure Cycle logo
Pure CyclePCYO
24.2M+0.1%
Global Water Resources logo
Global Water ResourcesGWRS
28.8M+17.7%

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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Earnings Applicable to Common Stock$10,587$9,457
Earnings per share of Common Stock:
Basic$0.57$0.53
Diluted$0.57$0.53
Average Number of
Common Shares Outstanding:
Basic18,54517,890
Diluted18,57517,951

Item 1. Financial Statements (Unaudited):

FAQ

What is Middlesex Water Company's shares (diluted)?
Middlesex Water Company (MSEX) reported shares (diluted) of 18.6M in Q1 2026.
How has Middlesex Water Company's shares (diluted) changed year-over-year?
Middlesex Water Company's shares (diluted) increased by 3.5% year-over-year, from 18M to 18.6M.
What is the long-term trend for Middlesex Water Company's shares (diluted)?
Over 4 years (2021 to 2025), Middlesex Water Company's shares (diluted) has grown at a 0.6% compound annual growth rate (CAGR), from 70.4M to 72.2M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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