MSEX
Middlesex Water Company
NASDAQ: MSEX · UTILITIES · UTILITIES - REGULATED WATER
$51.15
+0.43% today
Updated 2026-05-06
Market cap
$948.54M
P/E ratio
21.22
P/S ratio
4.76x
EPS (TTM)
$2.40
Dividend yield
2.73%
52W range
$44 – $61
Volume
0.2M
Middlesex Water Company (MSEX) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $15.91M | $18.82M | $19.12M | $18.51M | $25.57M | $22.84M | $29.57M | $33.80M | $32.57M | $51.21M | $47.07M | $42.84M | $45.86M | $36.05M | $53.35M | $33.03M | $61.36M | $52.78M | $58.73M | $62.60M |
| Capital expenditures | $30.36M | $21.93M | $28.43M | $20.13M | $29.60M | $23.56M | $21.58M | $20.08M | $22.60M | $25.77M | $47.38M | $50.30M | $72.09M | $89.13M | $105.62M | $79.38M | $91.33M | $90.18M | $74.62M | $96.35M |
| Depreciation | $7.76B | $8.18M | $8.53M | $9.22M | $9.96M | $10.43M | $11.23M | $11.86M | $12.19M | $13.09M | $13.53M | $14.85M | $15.78M | $17.23M | $20.84M | $26.80M | $27.48M | $29.44M | $28.04M | — |
| Stock-based comp | $-7.75B | $-522000.00 | $576000.00 | $386000.00 | $323000.00 | $394000.00 | $553000.00 | $493000.00 | $539000.00 | $633000.00 | $829000.00 | $840000.00 | $1.08M | $637000.00 | $1.10M | $1.34M | $1.63M | $2.21M | $1.54M | $1.24M |
| Free cash flow | $-14.45M | $-3.11M | $-9.31M | $-1.62M | $-4.04M | $-726000.00 | $7.99M | $13.72M | $9.97M | $25.44M | $-304000.00 | $-7.46M | $-26.23M | $-53.07M | $-52.26M | $-46.35M | $-29.97M | $-37.40M | $-15.89M | $-33.76M |
| Investing cash flow | $-33.21M | $-23.06M | $-30.93M | $-19.67M | $-31.39M | $-20.07M | $-22.31M | $-21.41M | $-21.84M | $-24.38M | $-47.38M | $-51.32M | $-72.09M | $-89.13M | $-105.62M | $-79.38M | $-88.21M | $-90.18M | $-74.62M | — |
| Financing cash flow | $20.15M | $445000.00 | $13.07M | $2.16M | $4.00M | $-2.12M | $-7.34M | $-10.58M | $-12.89M | $-26.03M | $714000.00 | $9.54M | $25.49M | $93.91M | $16.17M | $39.48M | $27.15M | $35.96M | $17.73M | — |
| Dividends paid | $8.44M | $9.39M | $9.57M | $9.79M | $10.72M | $11.64M | $11.88M | $12.13M | $12.38M | $12.70M | $13.28M | $14.15M | $15.07M | $16.30M | $18.30M | $19.49M | $20.93M | $22.56M | $23.52M | $24.92M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | — | $653000.00 | $-81000.00 | $1.81M | $-2.16M | $796000.00 | $410000.00 | $1.06M | $-736000.00 | $40.84M | $-36.09M | $-6.87M | $295000.00 | — | — | — |