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.
Profit margin
22.10%
Operating margin
29.30%
ROE
9.22%
ROA
2.84%
Debt/equity
0.85x
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $81.06M | $10.04M | 100.00% | 26.30% | 12.38% |
| 2007 | $86.11M | $11.84M | 100.00% | 26.33% | 13.75% |
| 2008 | $91.04M | $12.21M | 100.00% | 26.38% | 13.41% |
| 2009 | $91.24M | $9.98M | 100.00% | 22.10% | 10.93% |
| 2010 | $102.73M | $14.33M | 100.00% | 25.89% | 13.95% |
| 2011 | $102.07M | $13.45M | 100.00% | 23.71% | 13.17% |
| 2012 | $110.38M | $14.40M | 45.23% | 25.05% | 13.04% |
| 2013 | $114.85M | $16.63M | 47.10% | 26.97% | 14.48% |
| 2014 | $117.14M | $18.45M | 49.52% | 29.36% | 15.75% |
| 2015 | $126.03M | $20.03M | 48.29% | 28.44% | 15.89% |
| 2016 | $132.91M | $22.74M | 50.69% | 30.32% | 17.11% |
| 2017 | $130.78M | $22.81M | 50.55% | 28.90% | 17.44% |
| 2018 | $138.08M | $32.45M | 48.17% | 26.90% | 23.50% |
| 2019 | $134.60M | $33.89M | 49.49% | 26.39% | 25.18% |
| 2020 | $141.59M | $38.42M | 50.00% | 26.43% | 27.14% |
| 2021 | $143.14M | $36.54M | 48.53% | 23.20% | 25.53% |
| 2022 | $162.43M | $42.43M | 51.31% | 29.14% | 26.12% |
| 2023 | $166.27M | $31.52M | 50.01% | 23.59% | 18.96% |
| 2024 | $191.88M | $44.35M | 51.86% | 27.73% | 23.11% |
| 2025 | $194.69M | $42.82M | 39.18% | 27.93% | 21.99% |