MIDDLESEX WATER CO financial data

Symbol
MSEX on Nasdaq, MSEXP on OTC
Location
Iselin, NJ
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 19 Feb 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 43% % -45%
Return On Assets 3.2% % -8.8%
Operating Margin 28% % 18%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 18,521,933 shares 3.4%
Common Stock, Shares, Outstanding 18,521,000 shares 3.5%
Entity Public Float $954,602,892 USD 5.3%
Common Stock, Value, Issued $279,148,000 USD 12%
Weighted Average Number of Shares Outstanding, Basic 18,096,000 shares 1.4%
Weighted Average Number of Shares Outstanding, Diluted 18,137,000 shares 1.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $54,091,000 USD -1.8%
Operating Income (Loss) $54,376,000 USD 2.2%
Nonoperating Income (Expense) $7,562,000 USD -37%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $47,643,000 USD -7%
Income Tax Expense (Benefit) $4,821,000 USD -30%
Net Income (Loss) Attributable to Parent $42,822,000 USD -3.4%
Earnings Per Share, Basic 2.36 USD/shares -4.8%
Earnings Per Share, Diluted 2.36 USD/shares -4.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $2,800,000 USD -34%
Accounts Receivable, after Allowance for Credit Loss, Current $19,213,000 USD 2%
Assets, Current $41,766,000 USD -2.8%
Operating Lease, Right-of-Use Asset $1,972,000 USD -23%
Other Assets, Noncurrent $6,151,000 USD 59%
Assets $1,365,737,000 USD 8.8%
Accounts Payable, Current $31,326,000 USD 12%
Employee-related Liabilities, Current $7,888,000 USD 11%
Accrued Liabilities, Current $3,311,000 USD 14%
Contract with Customer, Liability, Current $497,000 USD -66%
Liabilities, Current $93,795,000 USD 13%
Deferred Income Tax Liabilities, Net $110,475,000 USD 9.1%
Operating Lease, Liability, Noncurrent $1,838,000 USD -24%
Other Liabilities, Noncurrent $229,000 USD -33%
Retained Earnings (Accumulated Deficit) $214,883,000 USD 9%
Stockholders' Equity Attributable to Parent $494,031,000 USD 11%
Liabilities and Equity $1,365,737,000 USD 8.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $13,782,000 USD 107%
Net Cash Provided by (Used in) Financing Activities $3,560,000 USD -57%
Net Cash Provided by (Used in) Investing Activities $18,911,000 USD -31%
Common Stock, Shares Authorized 40,000,000 shares 0%
Common Stock, Shares, Issued 18,521,000 shares 3.5%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $4,475,000 USD 5.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities $3,365,000 USD -15%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Operating Lease, Liability $2,400,000 USD -20%
Depreciation $27,113,000 USD 11%
Payments to Acquire Property, Plant, and Equipment $14,389,000 USD -41%
Lessee, Operating Lease, Liability, to be Paid $3,500,000 USD -19%
Operating Lease, Liability, Current $600,000 USD 0%
Lessee, Operating Lease, Liability, to be Paid, Year Two $900,000 USD 12%
Lessee, Operating Lease, Liability, to be Paid, Year One $800,000 USD 0%
Deferred Income Tax Expense (Benefit) $1,382,000 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $1,100,000 USD -15%
Lessee, Operating Lease, Liability, to be Paid, Year Three $900,000 USD 0%
Preferred Stock, Shares Issued 13,000 shares -19%
Preferred Stock, Shares Authorized 120,000 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four $900,000 USD 0%
Preferred Stock, Shares Outstanding 13,000 shares -19%
Depreciation, Depletion and Amortization $5,979,000 USD -17%
Interest Expense $14,500,000 USD 19%