Middlesex Water Co (MSEXP) balance sheet

MSEXPOTCWater SupplyFiscal year ends December 31Also trades as MSEX

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 14/3011% below fair value

$492.00+0.00 (0.00%)

Close on Oct 19, 2026Market cap $1.09BP/E 20.8Yield 2.39%

Middlesex Water Co balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31	FY 2008 2008-12-31
Cash & Equivalents	2.80	4.23	2.39	3.83	3.53	10	46	5.66	6.40	4.32	3.91	2.67	4.83	3.03	3.11	2.45	4.28	3.29
Short-Term Investments	–	–	–	–	–	–	–	0.20	0.20	0.20	–	–	–	–	–	–	–	–
Cash & Short-Term Investments	2.80	4.23	2.39	3.83	3.53	10	46	5.86	6.60	4.52	3.91	2.67	4.83	3.03	3.11	2.45	4.28	3.29
Receivables	19	19	18	16	15	15	12	12	11	10	10	10	12	12	11	12	–	–
Prepaid Expenses & Other	2.84	2.42	1.83	2.62	2.88	2.89	2.37	2.64	2.41	2.02	2.04	1.99	1.73	2.26	1.62	1.40	–	–
Total Current Assets	42	43	109	37	34	34	29	31	29	27	24	23	26	25	23	23	–	–
Operating Lease Right-of-Use Assets	1.97	2.57	3.19	3.83	4.50	5.21	5.94	–	–	–	–	–	–	–	–	–	–	–
Other Long-Term Assets	6.15	3.86	1.99	0.02	0.08	0.08	1.90	2.09	0.62	0.29	0.39	0.52	0.73	0.45	0.63	0.39	–	–
Total Assets	1,366	1,255	1,236	1,074	1,020	976	910	768	661	620	581	576	530	562	538	489	–	–
Accounts Payable	31	28	28	25	21	30	23	19	14	12	6.53	6.35	6.33	3.81	5.71	6.40	–	–
Accrued Expenses	3.31	2.92	3.14	2.54	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Short-Term Debt	–	–	43	56	13	2.00	20	49	28	12	3.00	19	29	28	24	17	–	–
Current Portion of Long-Term Debt	7.85	7.71	365	17	6.73	7.26	7.18	7.34	6.87	6.16	5.74	5.91	5.39	11	4.57	4.43	–	–
Current Debt	7.85	7.71	408	73	20	9.26	27	56	35	18	8.74	25	34	39	29	21	–	–
Current Portion of Leases	0.60	0.60	0.60	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Current Income Taxes Payable	16	12	11	12	8.62	10	7.64	14	11	12	9.13	8.95	8.13	9.27	7.85	8.75	–	–
Deferred Revenue (Current)	0.50	1.48	1.39	1.37	1.33	1.26	1.21	1.04	0.95	0.92	0.88	0.84	0.84	0.76	0.73	0.86	–	–
Other Current Liabilities	6.57	7.76	4.42	3.99	3.83	3.62	3.62	2.64	2.28	2.16	1.95	1.69	2.39	2.07	1.95	1.69	–	–
Total Current Liabilities	94	83	104	118	57	57	65	94	65	47	28	44	53	56	47	41	–	–
Long-Term Debt	379	353	358	290	307	273	231	153	139	135	133	136	130	131	132	134	–	–
Long-Term Leases	1.84	2.43	3.10	–	4.37	5.04	–	–	–	–	–	–	–	–	–	–	–	–
Operating Lease Liabilities	2.40	3.00	3.70	–	4.37	5.04	5.73	–	–	–	–	–	–	–	–	–	–	–
Deferred Tax Liabilities	110	101	89	78	70	61	54	47	43	73	68	47	39	42	37	30	–	–
Other Long-Term Liabilities	0.23	0.34	0.59	0.92	1.09	1.14	2.55	2.73	1.32	1.44	1.60	1.28	1.35	0.97	1.00	0.15	–	–
Total Liabilities	872	810	813	674	652	630	–	–	–	–	–	–	209	245	225	179	–	–
Total Debt	387	361	766	363	326	282	258	209	174	153	142	161	164	171	161	155	–	–
Preferred Stock	1.34	1.64	2.08	2.08	2.08	2.08	2.08	2.43	2.43	2.44	2.44	2.44	2.89	3.35	–	–	–	–
Common Stock	279	248	247	233	222	217	215	157	155	153	151	149	146	144	141	140	–	–
Retained Earnings	215	197	176	167	146	129	109	91	74	65	56	49	43	38	36	34	–	–
Shareholders' Equity	494	445	423	400	368	346	–	–	–	–	–	–	321	316	–	310	–	–
Total Equity	494	445	423	400	368	346	–	–	–	–	–	–	321	316	313	310	140	138
Total Liabilities & Equity	1,366	1,255	1,236	1,074	1,020	976	910	768	661	620	581	576	530	562	538	489	–	–
Shares Outstanding(shares)	19	18	18	18	0.02	17	17	16	16	16	16	16	16	16	16	16	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Sep 30, 2026

Profitability, TTM

Gross margin: –
Operating margin: 30.5%
Net margin: 24.5%
Return on equity, FY2025: 9.1%

Financial strength

Current ratio: 0.51
Debt to equity: 0.73
Debt to assets: 27.4%
Cash to current liabilities: 1.6%

Valuation

P/E ratio: 20.8
Price to sales: 5.12
Price to book: 1.98
Dividend yield: 2.39%

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