Middlesex Water Company (MSEX) Stock Grade

About Middlesex Water Company's fundamentals

Middlesex Water Company generates a strong net margin of 22.0%, reflecting efficient cost management in its regulated utility operations. With a market capitalization of $988.4 million and a P/E ratio of 21.3, the company trades at a premium typical of stable utility businesses. Revenue growth is modest at 1.5% year-over-year, consistent with the slow-growth characteristics of mature water utilities, while return on equity of 8.6% indicates moderate capital efficiency. The company offers shareholders a 2.9% dividend yield, providing income supplementation alongside modest appreciation potential.