MSEX (Middlesex Water Co) Gross Margin %: 52.76% (As of Mar. 2026) — Near Median


MSEX Middlesex Water Co MSEX
72 GF Score
Price $57.55
GF Value $62.62
Valuation Fairly Valued
! 3 Warning Signs
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What is Middlesex Water Co Gross Margin %?

Middlesex Water Co MSEX +1.78% 72 Gross Margin % is 52.76% as of Mar. 2026, which is 5% above its 10-year median of 50.01. GuruFocus rates MSEX with a GF Score™ of 72/100 and a GF Value™ of $62.62 (Fairly Valued). The stock has 3 warning signs investors should review. Among 491 Utilities - Regulated companies, Middlesex Water Co ranks better than 82.48% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Middlesex Water Co's Gross Profit for the three months ended in Mar. 2026 was $25.7 Mil. Middlesex Water Co's Revenue for the three months ended in Mar. 2026 was $48.7 Mil. Therefore, Middlesex Water Co's Gross Margin % for the quarter that ended in Mar. 2026 was 52.76%.


The historical rank and industry rank for Middlesex Water Co's Gross Margin % or its related term are showing as below:

MSEX' s Gross Margin % Range Over the Past 10 Years
Min: 48.17   Med: 50.01   Max: 53.19
Current: 53.19


During the past 13 years, the highest Gross Margin % of Middlesex Water Co was 53.19%. The lowest was 48.17%. And the median was 50.01%.

MSEX's Gross Margin % is ranked better than
82.48% of 491 companies
in the Utilities - Regulated industry
Industry Median: 30.95 vs MSEX: 53.19

Middlesex Water Co had a gross margin of 52.76% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Middlesex Water Co was 1.40% per year.


Middlesex Water Co  (NAS:MSEX) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Middlesex Water Co had a gross margin of 52.76% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Middlesex Water Co Gross Margin % Related Terms


Middlesex Water Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Middlesex Water Co's Gross Margin % 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.

Middlesex Water Co Gross Margin % Chart

Middlesex Water Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.53 51.31 50.01 51.86 53.11

Middlesex Water Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.35 53.23 56.11 50.24 52.76

MSEX vs YORW, CWCO, ARTNA: Gross Margin % Comparison

For the Utilities - Regulated Water subindustry, Middlesex Water Co's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Middlesex Water Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Middlesex Water Co's Gross Margin % falls into.


MSEX
72GF Score
Middlesex Water Co MSEX
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Middlesex Water Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Middlesex Water Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=103.4 / 194.694
=(Revenue - Cost of Goods Sold) / Revenue
=(194.694 - 91.291) / 194.694
=53.11 %

Middlesex Water Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=25.7 / 48.714
=(Revenue - Cost of Goods Sold) / Revenue
=(48.714 - 23.012) / 48.714
=52.76 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 52.76% mean?
Middlesex Water Co (MSEX) has a Gross Margin % of 52.76% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Middlesex Water Co and its competitors. This is near median its historical median of 50.01. Over the past decade, Middlesex Water Co's Gross Margin % has ranged from 48.17 to 53.19. According to the industry distribution chart, Middlesex Water Co ranks #86 out of 491 companies in the Utilities - Regulated industry, placing it in the top 17.5%.
Is Middlesex Water Co's Gross Margin % too high?
Middlesex Water Co's current Gross Margin % of 52.76% is near median its 10-year median of 50.01. Over the past 10 years, this metric has ranged from a low of 48.17 to a high of 53.19. The Utilities - Regulated industry median Gross Margin % is 30.95. Middlesex Water Co's value of 52.76% is 70.5% above this industry median. Based on the distribution chart, Middlesex Water Co ranks #86 out of 491 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Middlesex Water Co has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Middlesex Water Co's Gross Margin % compare to YORW and CWCO?
According to the Utilities - Regulated industry distribution chart, Middlesex Water Co ranks #86 out of 491 companies for Gross Margin %. This places Middlesex Water Co in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 30.95. Middlesex Water Co's value of 52.76% is 70.5% above this benchmark. Historically, Middlesex Water Co's own Gross Margin % has ranged from 48.17 to 53.19 over the past decade. While the company's 10-year median is 50.01 vs. the industry median of 30.95, Middlesex Water Co has consistently been above 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 Gross Margin % for an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.95, based on 491 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Middlesex Water Co's current Gross Margin % of 52.76% is 70.5% above 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Middlesex Water Co and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Middlesex Water Co's current Gross Margin % is 52.76%, which is near median its own 10-year median of 50.01. 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 $62.62, compared to a current price of $57.55 — trading 8.1% below its estimated fair value. The current Gross Margin % is 52.76%, which is near median its 10-year median of 50.01 and 70.5% above the Utilities - Regulated industry median of 30.95. Middlesex Water Co's overall GF Score™ is 72/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Middlesex Water Co (MSEX), the current Gross Margin % is 52.76% as of Mar. 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 $57.55 is trading 8.1% below its estimated GF Value™ of $62.62. GuruFocus considers Middlesex Water Co to be Fairly Valued.

Key valuation signals for MSEX:

  • Gross Margin %: 52.76% (near median its 10-year median of 50.01)
  • GF Value™: $62.62 vs. price of $57.55 (8.1% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 70.5% above the Utilities - Regulated median (#86 of 491)

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 Business Description

Address 485C Route 1 South, Suite 400, Iselin, NJ, USA, 08830
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.
72GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$57.55
Price
$62.62
GF Value