Middlesex Water Company

Middlesex Water Company, established in 1897, provides a full range of regulated and non-regulated water, wastewater utility and related services primarily in New Jersey and Delaware. The Company has ten affiliated companies through which it designs, builds, manages, owns and operates water and wastewater assets, Renewable Energy Applications, conducts municipal contract operations and public/private partnerships, Military Base Privatizations and provides water and sewer line maintenance services.

Our Family of Companies includes:

Middlesex Water Company

Pinelands Water Company

Pinelands Wastewater Company

Southern Shores Water Company, LLC

Tidewater Utilities, Inc.

Tidewater Environmental Services, Inc.

Twin Lakes Utilities, Inc.

Utility Service Affiliates, Inc.

Utility Service Affiliates (Perth Amboy), Inc.

White Marsh Environmental Systems

Woodbridge Township, US
Size (employees)
309 (est)+6%
Middlesex Water Company was founded in 1897 and is headquartered in Woodbridge Township, US

Middlesex Water Company Office Locations

Middlesex Water Company has an office in Woodbridge Township
Woodbridge Township, US (HQ)
1500 Ronson Rd

Middlesex Water Company Data and Metrics

Middlesex Water Company Financial Metrics

Middlesex Water Company's revenue was reported to be $132.9 m in FY, 2016 which is a 5% increase from the previous period.

Revenue (FY, 2016)

132.9 m

Revenue growth (FY, 2015 - FY, 2016), %


Net income (FY, 2016)

22.7 m

EBIT (FY, 2016)

40.6 m

Market capitalization (26-Jun-2017)

651.6 m

Closing share price (26-Jun-2017)


Cash (31-Dec-2016)

3.9 m


800.4 m
Middlesex Water Company's current market capitalization is $651.6 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


114.8 m117.1 m126 m132.9 m

Revenue growth, %


Operating expense total

83.9 m82.7 m90.2 m92.3 m


31 m34.4 m35.8 m40.6 m

EBIT margin, %


Interest expense

5.8 m5.6 m

Pre tax profit

25.3 m28.4 m30.6 m34.5 m

Income tax expense

8.6 m9.9 m10.6 m11.7 m

Net Income

16.6 m18.3 m20 m22.7 m
USDFY, 2013FY, 2014FY, 2015FY, 2016


4.8 m2.7 m3.5 m3.9 m

Accounts Receivable

11.6 m10 m10.1 m10.1 m


2 m2.3 m2.6 m4.1 m

Current Assets

25.8 m22.9 m24.4 m26.7 m

Total Assets

530.3 m575.8 m584.7 m620.2 m

Accounts Payable

6.3 m6.4 m6.5 m12.3 m

Total Debt

163.6 m160.9 m145 m152.7 m

Current Liabilities

52.7 m43.9 m28.3 m47.1 m

Preferred Stock

2.9 m2.4 m2.4 m2.4 m

Retained Earnings

42.6 m48.6 m55.9 m65.4 m

Debt to Assets Ratio

0.3 x0.3 x0.2 x0.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

16.6 m18.3 m20 m22.7 m

Depreciation and Amortization

11.9 m12.2 m13.1 m13.5 m

Accounts Receivable

1.2 m2 m(48 k)(69 k)

Accounts Payable

2.5 m26 k171 k5.8 m

Cash From Operating Activities

33.8 m32.6 m51.2 m47.1 m

Cash From Investing Activities

(21.4 m)(21.8 m)(24.4 m)(47.4 m)

Cash From Financing Activities

(10.6 m)(12.9 m)(26 m)714 k

Interest Paid

5.7 m5.7 m5.7 m5.4 m

Income Taxes Paid

7 m5.9 m1.4 m5.7 m
USDY, 2016


19.7 x


17 x


453.6 k


0.2 x

Middlesex Water Company Market Value History

Middlesex Water Company Online and Social Media Presence

Middlesex Water Company Company Life and Culture

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