Price
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Smart Score
Below averageMiddlesex was incorporated as a water utility company in 1897 and owns and operates regulated water utility and wastewater systems primarily in New Jersey and Delaware. Middlesex also operates water and wastewater systems under contract on behalf of municipal and private clients primarily in New Jersey and Delaware. Across our regulated utility systems, we serve approximately 131,000 customers. We operate water and wastewater systems under unregulated contracts for governmental entities and private entities.
In the company’s own words · 10-K filed Feb 19, 2026 · SEC EDGAR
Business segments
Q2 2026 · $32.0MThe company’s own SEC segment disclosure.
- Regulated Tariff Based Services$28.9M90%
- Unregulated Service Contracts$3.1M10%
Middlesex Water Company (MSEX) reported revenue of $49M in Q1 2026 (quarter ended March 31, 2026), up 10.0% from the same quarter a year earlier. That came with net income of $11M (22% of revenue). For the full year FY2025, revenue was $195M (+1.5% year on year) and net income $43M. Its largest product in 2026-Q2 was Regulated Tariff Based Services at $29M, 90% of the disclosed total, just ahead of Unregulated Service Contracts at 9.7%.
Raw charts
10 series · TTMAs reported to the SEC, without any scoring.
Utilities - Regulated Water
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