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Companies/Middlesex Water Company
Company profile

Middlesex Water Company

NASDAQ: MSEX · Utilities · Regulated Water
PublicHQ Iselin, NJ · MiddlesexCIK 0000066004Reports USD
#81 of 134 Utilities companies by revenue30th-percentile growth
EA Score
63C
FH 74DQ 57GM 46SS 59
v0.1 · 65/100 weight · provisional
↑ 3-yr revenue growth, net margin · ↓ growth stability, revenue growth (YoY)
Methodology →
Revenue TTM
$199.1M
Rev growth YoY (TTM)
+1.8%
Net income (FY)
$42.8M
Employees
360
Market cap
$1.1B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$194.7M$194.7M2025
Net income$42.8M$42.8M2025
Operating income$54.4M$54.4M2025
Total assets$1.4B$1.4B2025
Equity$494.0M$494.0M2025

Revenue trend

FY2024 – FY2025 · USD
$42.8M
FY24
$46.7M
FY24
$166.1M
FY23
$40.5M
FY24
$49.1M
FY24
$55.1M
FY24
$191.8M
FY24
$194.7M
FY25

Revenue by segment

Filed disclosures · FY2020
By product
Regulated91%
Non - Regulated9%
By geography

Not disclosed.

The read

Middlesex Water Company booked $194.7M in FY2025 revenue, growing 1.5% year over year — slower than 70% of Utilities companies we track, at a 22.0% net margin.

Peers · Utilities
Suburban Propane Partners, L.P.59CXPLR Infrastructure, LP45DUnitil Corporation54DSuperior Plus Corp.51D
Neighbors
Middlesex →
Johnson & Johnson$94.2B80B+Northfield Bancorp, Inc.$6.9M49DRocket Pharmaceuticals, Inc.$054DPalatin Technologies, Inc.$041DMagyar Bancorp, Inc.——Outlook Therapeutics, Inc.$1.4M22D
Key facts
CEONadine Duchemin-Leslie
SectorUtilities
IndustryRegulated Water
HeadquartersIselin, NJ
ExchangeNASDAQ: MSEX
Employees360
IPO date1973-02-21
Latest filings
8-K2026-05-208-K2026-04-3010-Q2026-04-30DEF 14A2026-04-068-K2026-03-268-K2026-02-248-K2026-02-1910-K2026-02-19
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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