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Middlesex Water CoMSEX -0.87%82 Debt-to-Equity is 0.84 as of Jun. 2026, which is 2% below its 10-year median of 0.86. GuruFocus rates MSEX with a GF Score™ of 82/100 and a GF Value™ of $60.48 (Fairly Valued). The stock has 4 warning signs investors should review. Among 471 Utilities - Regulated companies, Middlesex Water Co ranks better than 54.99% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Middlesex Water Co's Debt-to-Equity or its related term are showing as below:
MSEX'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 0.86 Max: 1.08
Current: 0.84
During the past 13 years, the highest Debt-to-Equity Ratio of Middlesex Water Co was 1.08. The lowest was 0.68. And the median was 0.86.
MSEX's Debt-to-Equity is ranked better than 54.99% of 471
companies
in the Utilities - Regulated industry
Industry Median: 0.98
vs MSEX: 0.84
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Middlesex Water Co Debt-to-Equity Related Terms
Middlesex Water Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Middlesex Water Co's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MSEX vs YORW, CWCO, ARTNA: Debt-to-Equity Comparison
For the Utilities - Regulated Water subindustry, Middlesex Water Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Middlesex Water Co Debt-to-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Middlesex Water Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Middlesex Water Co's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Middlesex Water Co (MSEX) has a Debt-to-Equity of 0.84 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Middlesex Water Co and its competitors. This is near median its historical median of 0.86. Over the past decade, Middlesex Water Co's Debt-to-Equity has ranged from 0.68 to 1.08. According to the industry distribution chart, Middlesex Water Co ranks #212 out of 471 companies in the Utilities - Regulated industry, placing it in the top 45%.
Is Middlesex Water Co's Debt-to-Equity too high?
Middlesex Water Co's current Debt-to-Equity of 0.84 is near median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 1.08. The Utilities - Regulated industry median Debt-to-Equity is 0.98. Middlesex Water Co's value of 0.84 is 14.3% below this industry median. Based on the distribution chart, Middlesex Water Co ranks #212 out of 471 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Middlesex Water Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Middlesex Water Co's Debt-to-Equity compare to YORW and CWCO?
According to the Utilities - Regulated industry distribution chart, Middlesex Water Co ranks #212 out of 471 companies for Debt-to-Equity. This puts Middlesex Water Co in the upper half of its industry. The industry median Debt-to-Equity is 0.98. Middlesex Water Co's value of 0.84 is 14.3% below this benchmark. Historically, Middlesex Water Co's own Debt-to-Equity has ranged from 0.68 to 1.08 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.98, Middlesex Water Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.98, based on 471 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Middlesex Water Co's current Debt-to-Equity of 0.84 is 14.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Middlesex Water Co and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Middlesex Water Co's current Debt-to-Equity is 0.84, which is near median its own 10-year median of 0.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Middlesex Water Co stock overvalued right now?
Based on GuruFocus' analysis, Middlesex Water Co (MSEX) is currently considered Fairly Valued. The stock's GF Value™ is $60.48, compared to a current price of $58.26 — trading 3.7% below its estimated fair value. The current Debt-to-Equity is 0.84, which is near median its 10-year median of 0.86 and 14.3% below the Utilities - Regulated industry median of 0.98. Middlesex Water Co's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Middlesex Water Co (MSEX), the current Debt-to-Equity is 0.84 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Middlesex Water Co (MSEX) Overvalued in 2026?
Based on GuruFocus' analysis, Middlesex Water Co stock appears to be undervalued.
The current stock price of $58.26 is trading 3.7% below its estimated GF Value™ of $60.48.
GuruFocus considers Middlesex Water Co to be Fairly Valued.
Key valuation signals for MSEX:
Debt-to-Equity: 0.84 (near median its 10-year median of 0.86)
GF Value™: $60.48 vs. price of $58.26 (3.7% below fair value)
Industry Position: 14.3% below the Utilities - Regulated median (#212 of 471)
No single metric tells the full story. See the MSEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Middlesex Water Co owns and operates regulated water utility and wastewater systems in the U.S. The company has two operating segments, Regulated and Non-Regulated. The regulated business includes collecting and distributing water to residential, commercial, industrial, and fire protection consumers. The non-regulated business includes contract services for the operation of private water and wastewater systems. The majority of the company's revenue is derived from the Regulated segment and from residential customers.
82GF Score
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