MSEX Middlesex Water Co
Price (delayed)
$50.96
Market cap
$909.9M
P/E Ratio
22.06
Dividend/share
$1.33
EPS
$2.31
Enterprise value
$1.28B
Established in 1897, Middlesex Water Company serves as a trusted provider offering life-sustaining high quality water service for residential, commercial, industrial and fire protection purposes. The Company offers a full
Highlights
MSEX's P/E is 38% below its 5-year quarterly average of 35.8 and 24% below its last 4 quarters average of 29.1
Middlesex Water's EPS has increased by 25% YoY and by 12% from the previous quarter
The quick ratio has contracted by 49% YoY and by 35% from the previous quarter
Key stats
What are the main financial stats of MSEX
Market
Valuations
Earnings
Shares outstanding
17.86M
Market cap
$909.9M
Enterprise value
$1.28B
Price to earnings (P/E)
22.06
Price to book (P/B)
2.06
Price to sales (P/S)
4.96
EV/EBIT
20.67
EV/EBITDA
14.31
EV/Sales
7
Revenue
$183.37M
Gross profit
$75.58M
Operating income
$50.92M
Net income
$41.31M
EBIT
$62.11M
EBITDA
$89.68M
Free cash flow
-$16.45M
Per share
Balance sheet
Liquidity
EPS
$2.31
EPS diluted
$2.3
Free cash flow per share
-$0.92
Book value per share
$24.79
Revenue per share
$10.28
TBVPS
$68.93
Total assets
$1.23B
Total liabilities
$787.68M
Debt
$380.12M
Equity
$441.94M
Working capital
-$27.77M
Debt to equity
0.86
Current ratio
0.65
Quick ratio
0.53
Net debt/EBITDA
4.17
Margins
Efficiency
Dividend
EBITDA margin
48.9%
Gross margin
41.2%
Net margin
22.5%
Operating margin
27.8%
Return on assets
3.3%
Return on equity
9.5%
Return on invested capital
4%
Return on capital employed
5.4%
Return on sales
33.9%
Dividend yield
2.61%
DPS
$1.33
Payout ratio
57.6%
MSEX stock price
How has the Middlesex Water stock price performed over time
Intraday
0.45%
1 week
0.91%
1 month
-0.35%
1 year
-6.17%
YTD
-3.17%
QTD
-3.17%
Financial performance
How have Middlesex Water's revenue and profit performed over time
Revenue
$183.37M
Gross profit
$75.58M
Operating income
$50.92M
Net income
$41.31M
Gross margin
41.2%
Net margin
22.5%
MSEX's operating income is up by 30% year-on-year and by 10% since the previous quarter
The company's net income rose by 25% YoY and by 12% QoQ
The gross profit is up by 19% year-on-year and by 6% since the previous quarter
Middlesex Water's operating margin has increased by 18% YoY and by 5% QoQ
Growth
What is Middlesex Water's growth rate over time
Valuation
What is Middlesex Water stock price valuation
P/E
22.06
P/B
2.06
P/S
4.96
EV/EBIT
20.67
EV/EBITDA
14.31
EV/Sales
7
MSEX's P/E is 38% below its 5-year quarterly average of 35.8 and 24% below its last 4 quarters average of 29.1
Middlesex Water's EPS has increased by 25% YoY and by 12% from the previous quarter
The P/B is 41% below the 5-year quarterly average of 3.5 and 14% below the last 4 quarters average of 2.4
The company's equity rose by 5% YoY and by 2.1% QoQ
The stock's price to sales (P/S) is 44% less than its 5-year quarterly average of 8.8 and 19% less than its last 4 quarters average of 6.1
Middlesex Water's revenue has increased by 10% YoY and by 4.8% from the previous quarter
Efficiency
How efficient is Middlesex Water business performance
Middlesex Water's ROS has increased by 22% YoY and by 4.3% from the previous quarter
Middlesex Water's ROIC has increased by 21% YoY and by 8% from the previous quarter
MSEX's ROE is up by 19% YoY and by 9% QoQ
The ROA has grown by 14% from the previous quarter and by 14% YoY
Dividends
What is MSEX's dividend history
DPS
$1.33
Dividend yield
2.61%
Payout ratio
57.6%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Middlesex Water financials performed over time
The total assets is 56% greater than the total liabilities
The quick ratio has contracted by 49% YoY and by 35% from the previous quarter
Middlesex Water's current ratio has decreased by 42% YoY and by 28% from the previous quarter
The company's debt is 14% lower than its equity
The company's debt to equity fell by 15% QoQ and by 11% YoY
The company's debt fell by 13% QoQ and by 7% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.