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Annual · values202520242023202220212020201920182017201620152014
Gross Margin
Operating Margin27.93%27.73%23.59%2151.50%23.23%26.45%26.42%26.93%29.56%30.61%
EBITDA Margin44.62%42.34%41.30%3400.36%41.97%41.19%39.23%38.37%40.93%40.80%
Net Margin21.99%23.11%18.96%1928.59%25.56%27.17%25.20%23.53%17.46%17.13%
Current Ratio0.450.521.050.320.610.600.450.330.450.570.860.52
Quick Ratio0.450.521.050.320.610.600.450.330.450.570.860.52
Debt / Equity0.781.600.870.770.850.81
ROE8.67%9.96%7.45%10.60%9.94%11.10%
ROA3.14%3.53%2.55%3.95%3.58%3.94%3.72%4.23%3.45%3.67%3.43%3.20%
Asset Turnover0.140.150.130.000.140.140.150.180.200.21
Book Value / Share27.2424.8123700.9622602.0820.8919700.01

Middlesex Water Company owns and operates regulated water utility and wastewater systems primarily in New Jersey and Delaware. It functions through two main segments: Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes potable water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers, while also managing regulated wastewater services such as Pinelands Wastewater in New Jersey. The Non-Regulated segment delivers contract services for the operation and maintenance of municipal and private water and wastewater systems. Middlesex Water Company serves essential community needs by ensuring reliable access to clean water and effective wastewater management, contributing to public health and infrastructure resiliency in its operating regions, including areas like Middlesex, Tidewater, Pinelands Water, and Southern Shores. Founded in 1896 and headquartered in Iselin, New Jersey, it plays a vital role in the U.S. utilities sector as a stable provider of critical water services.