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

Type
Public
HQ
Woodbridge Township, US
Founded
1897
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 Metrics

Middlesex Water Company Financial Metrics

Revenue (2016)

$132.9 m

Revenue growth (2015-16), %

5%

Net income (2016)

$22.7 m

Market capitalization (28-Apr-2017)

$621.2 m

Closing share price (28-Apr-2017)

$39.3

Cash (31-Dec-2016)

$3.9 m
Middlesex Water Company's current market capitalization is $621.2 m.
Middlesex Water Company's revenue was reported to be $132.9 m in FY, 2016 which is a 5% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$114.8 m$117.1 m$126 m$132.9 m

Revenue growth, %

2%8%5%

Operating expense total

$83.9 m$82.7 m$90.2 m$92.3 m

EBIT

$31 m$34.4 m$35.8 m$40.6 m

EBIT margin, %

27%29%28%31%

Interest expense

$5.8 m$5.6 m

Pre tax profit

$25.3 m$28.4 m$30.6 m$34.5 m

Income tax expense

$8.6 m$9.9 m$10.6 m$11.7 m

Net Income

$16.6 m$18.3 m$20 m$22.7 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$4.8 m$2.7 m$3.5 m$3.9 m

Accounts Receivable

$11.6 m$10 m$10.1 m$10.1 m

Inventories

$2 m$2.3 m$2.6 m$4.1 m

Current Assets

$25.8 m$22.9 m$24.4 m$26.7 m

Total Assets

$530.3 m$575.8 m$584.7 m$620.2 m

Accounts Payable

$6.3 m$6.4 m$6.5 m$12.3 m

Total Debt

$163.6 m$160.9 m$145 m$152.7 m

Current Liabilities

$52.7 m$43.9 m$28.3 m$47.1 m

Preferred Stock

$2.9 m$2.4 m$2.4 m$2.4 m

Retained Earnings

$42.6 m$48.6 m$55.9 m$65.4 m

Debt to Assets Ratio

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

Net Income

$16.6 m$18.3 m$20 m$22.7 m

Depreciation and Amortization

$11.9 m$12.2 m$13.1 m$13.5 m

Accounts Receivable

$1.2 m$2 m($48 k)($69 k)

Inventories

Accounts Payable

$2.5 m$26 k$171 k$5.8 m

Cash From Operating Activities

$33.8 m$32.6 m$51.2 m$47.1 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 m$5.7 m$5.7 m$5.4 m

Income Taxes Paid

$7 m$5.9 m$1.4 m$5.7 m

Middlesex Water Company Market Value History

Middlesex Water Company Online Presence

Middlesex Water Company Company Life

You may also be interested in