Middlesex Water Financial Ratios
NASDAQ: MSEXUtilitiesWater SupplyUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Middlesex Water ratio analysis
Middlesex Water earned a net margin of 22.0% in FY 2025, down from 23.1% a year earlier. Return on equity reached 8.7%, meaning Middlesex Water generated 0.09 dollars of profit for every dollar of shareholders' equity. Debt-to-equity stood at 0.78 versus 0.81 the year before, and the current ratio was 0.45.
At the end of FY 2025, MSEX traded at 21.3 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 20.9 to 58.1, with a median of 31.0. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Middlesex Water financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 21.30 | 20.94 | 37.28 | 32.92 | 58.12 | 33.24 | 30.97 | 27.02 | 28.92 | 31.12 |
| Price / sales | 4.67 | 4.81 | 7.00 | 8.53 | 0.01 | 0.01 | 7.72 | 0.01 | 4.99 | 5.26 |
| Price / book | 1.84 | 2.07 | 2.75 | 3.46 | 0.01 | 0.00 | — | — | — | — |
| Operating margin | 27.9% | 27.7% | 23.6% | 29.2% | 23.2% | 26.5% | 26.4% | 26.9% | 28.9% | 30.4% |
| Net margin | 22.0% | 23.1% | 19.0% | 26.1% | 25.6% | 27.2% | 25.2% | 23.5% | 17.5% | 17.1% |
| Free cash flow margin | 32.2% | -8.3% | -22.5% | -18.5% | -32.4% | -36.9% | 26.8% | 33.2% | 32.8% | 35.5% |
| Return on equity (ROE) | 8.7% | 10.0% | 7.5% | 10.6% | 9.9% | 11.1% | — | — | — | — |
| Return on assets (ROA) | 3.1% | 3.5% | 2.6% | 3.9% | 3.6% | 3.9% | 3.7% | 4.2% | 3.4% | 3.7% |
| Debt / equity | 0.78 | 0.81 | 1.81 | 0.91 | 0.89 | 0.82 | — | — | — | — |
| Current ratio | 0.45 | 0.52 | 1.05 | 0.32 | 0.61 | 0.60 | 0.45 | 0.33 | 0.45 | 0.57 |
| Revenue growth | 1.5% | 15.4% | 2.5% | 13.5% | 1.1% | 5.2% | -2.5% | 5.6% | -1.6% | 5.3% |
| EPS growth | -4.5% | 40.3% | -26.4% | 15.5% | -5.0% | 8.5% | 2.6% | 42.0% | 0.0% | 13.1% |