Middlesex Water (MSEX)
A dual-state regulated water utility founded in 1897, serving customers across New Jersey and Delaware.
$54.86
vs last close−0.37 (−0.66%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 47 | 39 | 41 | 49 | 55 | 47 | 44 | 49 | 54 | 47 | 49 | 56 |
| Cost of revenue | 23 | 19 | 20 | 22 | 25 | 25 | 21 | 23 | 31 | 30 | 23 | 32 |
| Gross profit | 24 | 20 | 20 | 27 | 30 | 22 | 23 | 26 | 23 | 17 | 26 | 24 |
| 11 | 11 | 10 | 12 | 12 | 12 | 12 | 12 | 6 | 5 | 13 | 6 | |
| Other expenses | 11 | 11 | 10 | 12 | 12 | 12 | 12 | 12 | 6 | 5 | 13 | 6 |
| Operating income | 13 | 8 | 10 | 15 | 18 | 11 | 12 | 14 | 18 | 11 | 13 | 18 |
| −2 | −3 | 2 | −1 | −1 | −1 | −1 | −2 | −2 | −2 | −1 | −2 | |
| Interest expense | 3 | 4 | 3 | 4 | 3 | 3 | 3 | 4 | 4 | 4 | 3 | 4 |
| Other non-operating income | −1 | −1 | −5 | −3 | −2 | −2 | −2 | −2 | −2 | −2 | −2 | 0 |
| Income before tax | 11 | 6 | 12 | 14 | 16 | 9 | 11 | 12 | 15 | 9 | 12 | 17 |
| Income tax expense | 1 | 0 | 1 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 |
| Net income from continuing operations | 10 | 6 | 11 | 11 | 14 | 9 | 9 | 11 | 14 | 9 | 11 | 15 |
| Net income | 10 | 6 | 11 | 11 | 14 | 9 | 9 | 11 | 14 | 9 | 11 | 15 |
| EPS, basic | $0.56 | $0.32 | $0.60 | $0.59 | $0.80 | −$1.99 | $0.53 | $0.60 | $0.77 | $0.47 | $0.58 | $0.79 |
| EPS, diluted | $0.56 | $0.32 | $0.59 | $0.59 | $0.80 | −$1.98 | $0.53 | $0.60 | $0.77 | $0.46 | $0.58 | $0.79 |
| Weighted average shares, basic | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 19 |
| Weighted average shares, diluted | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 19 |
| EBITDA | 21 | 17 | 21 | 25 | 26 | 20 | 21 | 23 | 28 | 22 | 23 | 25 |
| Depreciation & amortization | 8 | 7 | 6 | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 8 | 7 |
| EBIT | 14 | 9 | 15 | 18 | 19 | 12 | 13 | 16 | 20 | 13 | 15 | 18 |
