profit from every $100 of sales.
$0$100
Middlesex Water
$57.40+0.21% today
+9.2% in 1 year
1-year low $48.591-year high $59.87
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $25.64 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Middlesex Water sold, what it kept, and what it did with the cash.
Sales went from $162 million in 2022 to $195 million in 2025, with $42.8 million of profit last year.
SalesProfit
Middlesex Water vs. similar companies
Middlesex Water grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Middlesex Water | 25.6× · Fair price | ||
 American Water Works | 26.8× · Fair price | ||
 Essential Utilities | 21.0× · Fair price | ||
 H2O America | 28.5× · Fair price | ||
 Select Water Solutions | 116.3× · Very expensive |
AI analysis
An AI analyst reads Middlesex Water's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 162 | 166 | 192 | 195 | |
| 83 | 83 | 100 | 103 | |
| 42 | 39 | 53 | 54 | |
| 80 | 73 | 92 | 94 | |
| 42 | 32 | 44 | 43 | |
| 2.39 | 1.76 | 2.47 | 2.36 | |
| 51.3% | 50.0% | 51.9% | 53.1% | |
| 25.9% | 23.6% | 27.7% | 27.9% | |
| 26.1% | 19.0% | 23.1% | 22.0% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,074 | 1,236 | 1,255 | 1,366 |
| Cash | 4 | 2 | 4 | 3 |
| Total debt | 367 | 412 | 386 | 417 |
| Total liabilities | 672 | 811 | 808 | 870 |
| 402 | 425 | 447 | 495 | |
| 18 | 18 | 18 | 18 | |
| 5.4% | 4.1% | 6.1% | 5.4% | |
| 10.5% | 7.4% | 9.9% | 8.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 61 | 53 | 59 | 63 | |
| 91 | 90 | 75 | 96 | |
| -30 | -37 | -16 | -34 | |
| Dividends paid | 21 | 23 | 24 | 25 |
| – | – | – | – | |
| 2 | 2 | 2 | 1 |
Valuation
- 25.6×
- 22.8×
- –
- 1.9×
- 5.6×
- –
- 16.0×
- -3.1%
- 3.9%
- 2.7%
Profitability
- 53.1%
- 27.9%
- 22.0%
- 48.4%
- 3.8%
- 4.9%
- 9.1%
- 3.2%
- 4.4%
- –
Growth
- +6.2%
- −0.4%
- −112.4%
- +5.8%
- +0.9%
Financial health
- 4.4×
- 0.85
- 30.9%
- 3.8×
- 0.39
- 0.39
- 0.14
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 23%of 397
Top 24%of 392
Bottom 26%of 363
Top 42%of 397
Bottom 32%of 396
What analysts expect
- Average price target
- $53.50
- Range
- $52.00 – $55.00
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 30, 2026 | 0.57 | 0.57 | +0.0% |
| Feb 19, 2026 | 0.46 | 0.49 | −6.1% |
| Oct 31, 2025 | 0.77 | 0.86 | −10.5% |
| Jul 31, 2025 | 0.60 | 0.68 | −11.8% |
| May 1, 2025 | 0.53 | 0.55 | −3.6% |
| Feb 28, 2025 | 0.49 | 0.36 | +36.1% |
| Oct 31, 2024 | 0.80 | 0.68 | +17.6% |
| Jul 31, 2024 | 0.59 | 0.64 | −7.8% |
2.7%of the share price, paid each year
On $1,000 invested$27a year at today's yield, before tax
+5.8%2020 to 2025
Raised10 yearsin a row, in our data
Paid per share, each year
$0.78 in 2015 → $1.38 in 2025
How safe it looks
58.4% of its profit
Room to growStretchedMore than it earnsNews
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
31No pass
Benjamin Graham
52No pass
Philip Fisher
44No pass
Peter Lynch
34No pass
Joel Greenblatt
16No pass
Charlie Munger
35No pass
Terry Smith
27No pass
Questions about Middlesex Water
Is Middlesex Water a good stock to buy?
A business with weak numbers at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Middlesex Water AI analysis
What does Middlesex Water do?
Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. It is in Regulated Water.
Does Middlesex Water pay a dividend?
Yes. At today's price the dividend is 2.7% a year, about 58% of its yearly profit. In 2025 it paid out $25.0 million in dividends.
Is Middlesex Water stock halal?
No. Middlesex Water does not pass our halal screen: its debt is 38% of its market value, at or above the 33% limit. How we check
How has Middlesex Water stock done over the past year?
Up 9.2% over the past twelve months, to $57.40. It traded between $48.59 and $59.87 and is 4.1% below its high.
Who are Middlesex Water's competitors?
The largest listed companies in the same industry are American Water Works, Essential Utilities, H2O America and Select Water Solutions. The peers table on this page compares their profit, growth and price with Middlesex Water's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.