stockrowMiddlesex Water Company
MSEX Utilities Utilities Regulated Water
Middlesex Water Company’s revenue for fiscal 2025 (year ended December 2025) was $194.7 million, up 1.47% from fiscal 2024.
- Revenue
- +11.3%
- EPS
- +23.1%
- Free cash flow
- +16.0%
- Total debt
- +11.7%
Quarter to September 2026, against a year earlier
Follow MSEX
Alert me
Middlesex Water Company (MSEX) P/E ratio
As of 5 November 2026, Middlesex Water Company (MSEX) trades at a P/E ratio of 21.5×. Over the past ten years it has ranged from 18.3× (May 2015) to 57.8× (December 2021); the current reading is higher than 12% of that period. That is below the Utilities Regulated Water industry median of 22.8× and above the Utilities sector median of 19.5×.
P/E ratio, daily
Embed this chart
Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 21.4× | 0.67% |
| FY2024 | 21.2× | (41.95%) |
| FY2023 | 36.6× | 9.57% |
| FY2022 | 33.4× | (42.31%) |
| FY2021 | 57.8× | 74.78% |
| FY2020 | 33.1× | 5.15% |
| FY2019 | 31.5× | 16.80% |
| FY2018 | 26.9× | (3.50%) |
| FY2017 | 27.9× | (6.07%) |
| FY2016 | 29.7× | 37.77% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Sep 2026 | 19.1× | (11.75%) |
| Jun 2026 | 21.7× | (0.02%) |
| Mar 2026 | 21.7× | 1.51% |
| Dec 2025 | 21.4× | (5.65%) |
| 43 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| ARTNA Artesian Resources Corporation compare | 14.4× |
| PCYO Pure Cycle Corporation compare | 17.6× |
| YORW The York Water Company compare | 19.9× |
| MSEX Middlesex Water Company | 21.5× |
| CWT California Water Service Group compare | 22.5× |
| HTO H2O America compare | 23.9× |
| AWR American States Water Company compare | 24.2× |
| CWCO Consolidated Water Co. Ltd. compare | 25.8× |
| GWRS Global Water Resources, Inc. compare | 90.0× |
| Utilities Regulated Water industry median | 22.8× |
| Utilities sector median | 19.5× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)