For Q1 FY2026 ended March 31, 2026, Middlesex Water reported revenue of $48.7 million, up 10.0% year-over-year. Net income was $10.6 million, an increase of 11.9%, while diluted EPS rose 7.5% to $0.57. Operating income grew 13.4% to $13.1 million. The company had $2.0 million in cash, $501.0 million in equity, and $371.7 million in long-term debt.
•Revenue increased 10.0% YoY to $48.7 million.
•Net income rose 11.9% YoY to $10.6 million.
•Diluted EPS grew 7.5% to $0.57.
•Operating income improved 13.4% to $13.1 million.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Middlesex Water Company owns and operates regulated water utility and wastewater systems in the United States. It operates in two segments, Regulated and Non-Regulated. The company collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers; and provides regulated wastewater system
Non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems. Incorporated in 1896, Middlesex Water Company is headquartered in Iselin, New Jersey.
Middlesex Water Company owns and operates regulated water utility and wastewater systems in the United States. It operates through two segments: Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers. It also provides regulated wastewater system services. The Non-Regulated segment offers contract services for the operation and maintenance of municipal and private water and wastewater systems. Essentially, the company ensures clean water supply and wastewater management for various customer types.
On which stock exchange is Middlesex Water Company (MSEX) listed and in what currency?
Middlesex Water Company is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol MSEX. Its shares are traded in U.S. dollars (USD). As a U.S.-based utility company, its stock is denominated in the local currency, making it accessible to investors trading on U.S. exchanges.
What sector and industry does Middlesex Water Company (MSEX) belong to?
Middlesex Water Company operates in the Utilities sector, specifically within the Utilities - Regulated Water industry. This means it is a regulated utility that provides water and wastewater services under government oversight. As a regulated water utility, its rates and operations are subject to approval by state public utility commissions, ensuring stable but controlled returns. The company focuses on essential services like water distribution and wastewater treatment, which are critical for public health and infrastructure.
Where is Middlesex Water Company (MSEX) headquartered and what markets does it serve?
Middlesex Water Company is headquartered in Iselin, New Jersey, United States. It owns and operates regulated water utility and wastewater systems across the United States. The company serves residential, commercial, industrial, and fire protection customers through its regulated operations, and also provides non-regulated contract services for municipal and private water and wastewater systems. While its primary service area includes parts of New Jersey and Delaware, its non-regulated segment extends to other regions through operational and maintenance contracts.
How does Middlesex Water Company (MSEX) generate revenue?
Middlesex Water Company generates revenue through two main segments: Regulated and Non-Regulated. The Regulated segment earns revenue by collecting, treating, and distributing water to residential, commercial, industrial, and fire protection customers on a retail and wholesale basis, as well as providing regulated wastewater services. Rates for these services are approved by regulatory authorities. The Non-Regulated segment generates revenue by offering contract services for the operation and maintenance of municipal and private water and wastewater systems. This dual approach provides a mix of stable regulated income and growth opportunities from non-regulated contracts.