MSEX Middlesex Water Co
Price (delayed)
$62.66
Market cap
$1.12B
P/E Ratio
25.27
Dividend/share
$1.33
EPS
$2.48
Enterprise value
$1.5B
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
The company's net income rose by 41% YoY and by 7% QoQ
Middlesex Water's EPS has increased by 40% YoY and by 7% from the previous quarter
The quick ratio has plunged by 57% YoY and by 23% from the previous quarter
Key stats
What are the main financial stats of MSEX
Market
Valuations
Earnings
Shares outstanding
17.89M
Market cap
$1.12B
Enterprise value
$1.5B
Price to earnings (P/E)
25.27
Price to book (P/B)
2.51
Price to sales (P/S)
5.83
EV/EBIT
23.02
EV/EBITDA
16.1
EV/Sales
7.83
Revenue
$191.88M
Gross profit
$77.64M
Operating income
$53.21M
Net income
$44.35M
EBIT
$65.28M
EBITDA
$93.32M
Free cash flow
-$15.89M
Per share
Balance sheet
Liquidity
EPS
$2.48
EPS diluted
$2.47
Free cash flow per share
-$0.89
Book value per share
$24.94
Revenue per share
$10.75
TBVPS
$70.35
Total assets
$1.26B
Total liabilities
$809.91M
Debt
$385.97M
Equity
$445.26M
Working capital
-$39.92M
Debt to equity
0.87
Current ratio
0.52
Quick ratio
0.41
Net debt/EBITDA
4.09
Margins
Efficiency
Dividend
EBITDA margin
48.6%
Gross margin
40.5%
Net margin
23.1%
Operating margin
27.7%
Return on assets
3.5%
Return on equity
10.1%
Return on invested capital
4.2%
Return on capital employed
5.6%
Return on sales
34%
Dividend yield
2.12%
DPS
$1.33
Payout ratio
53.6%
MSEX stock price
How has the Middlesex Water stock price performed over time
Intraday
0.58%
1 week
1.67%
1 month
2.89%
1 year
36.54%
YTD
19.06%
QTD
-2.25%
Financial performance
How have Middlesex Water's revenue and profit performed over time
Revenue
$191.88M
Gross profit
$77.64M
Operating income
$53.21M
Net income
$44.35M
Gross margin
40.5%
Net margin
23.1%
The company's net income rose by 41% YoY and by 7% QoQ
MSEX's operating income is up by 36% year-on-year and by 4.5% since the previous quarter
The company's net margin rose by 22% YoY and by 2.7% QoQ
The gross profit is up by 21% year-on-year and by 2.7% since the previous quarter
Growth
What is Middlesex Water's growth rate over time
Valuation
What is Middlesex Water stock price valuation
P/E
25.27
P/B
2.51
P/S
5.83
EV/EBIT
23.02
EV/EBITDA
16.1
EV/Sales
7.83
Middlesex Water's EPS has increased by 40% YoY and by 7% from the previous quarter
MSEX's P/E is 28% below its 5-year quarterly average of 35.3
The P/B is 28% below the 5-year quarterly average of 3.5 but 9% above the last 4 quarters average of 2.3
The company's equity rose by 5% YoY
The stock's price to sales (P/S) is 33% less than its 5-year quarterly average of 8.7 but 6% more than its last 4 quarters average of 5.5
Middlesex Water's revenue has increased by 15% YoY and by 4.6% from the previous quarter
Efficiency
How efficient is Middlesex Water business performance
Middlesex Water's ROIC has increased by 35% YoY and by 5% from the previous quarter
MSEX's ROE is up by 33% YoY and by 6% QoQ
The ROA has grown by 30% YoY and by 6% from the previous quarter
Middlesex Water's ROS has increased by 24% YoY
Dividends
What is MSEX's dividend history
DPS
$1.33
Dividend yield
2.12%
Payout ratio
53.6%
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 55% greater than the total liabilities
The quick ratio has plunged by 57% YoY and by 23% from the previous quarter
Middlesex Water's current ratio has plunged by 50% YoY and by 20% from the previous quarter
The company's debt is 13% lower than its equity
The company's debt to equity fell by 10% YoY
The company's debt fell by 6% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.