MSEX (Middlesex Water Co) Total Operating Expense: $50.0 Mil (TTM As of Mar. 2026)


MSEX Middlesex Water Co MSEX
83 GF Score
Price $55.87
GF Value $62.67
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Middlesex Water Co Total Operating Expense?

Middlesex Water Co MSEX -1.50% 83 Total Operating Expense is $50.0 Mil as of Mar. 2026. GuruFocus rates MSEX with a GF Score™ of 83/100 and a GF Value™ of $62.67 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Middlesex Water Co's Total Operating Expense for the three months ended in Mar. 2026 was $12.6 Mil. Middlesex Water Co's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $50.0 Mil.

Middlesex Water Co Total Operating Expense Related Terms

Middlesex Water Co Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Middlesex Water Co's Total Operating Expense 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 Total Operating Expense Chart

Middlesex Water Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.26 41.24 43.94 46.30 49.03

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
Total Operating Expense 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 11.64 12.35 12.65 12.40 12.60
MSEX
83GF Score
Middlesex Water Co MSEX
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Middlesex Water Co Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $50.0 Mil.

* 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.

What does a Total Operating Expense of $50.0 Mil mean?
Middlesex Water Co (MSEX) has a Total Operating Expense of $50.0 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Middlesex Water Co and its competitors.
Is Middlesex Water Co's Total Operating Expense too high?
Middlesex Water Co's current Total Operating Expense is $50.0 Mil. Overall, Middlesex Water Co has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Middlesex Water Co's Total Operating Expense compare to YORW and CWCO?
Middlesex Water Co's Total Operating Expense of $50.0 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for an Utilities - Regulated company?
A good Total Operating Expense depends on the Utilities - Regulated industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Middlesex Water Co and its competitors. Middlesex Water Co's current Total Operating Expense is $50.0 Mil. 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 Modestly Undervalued. The stock's GF Value™ is $62.67, compared to a current price of $55.87 — trading 10.9% below its estimated fair value. The current Total Operating Expense is $50.0 Mil. Middlesex Water Co's overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Middlesex Water Co (MSEX), the current Total Operating Expense is $50.0 Mil 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 $55.87 is trading 10.9% below its estimated GF Value™ of $62.67. GuruFocus considers Middlesex Water Co to be Modestly Undervalued.

Key valuation signals for MSEX:

  • Total Operating Expense: $50.0 Mil
  • GF Value™: $62.67 vs. price of $55.87 (10.9% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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.
83GF Score

Get the complete analysis for MSEX

Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$55.87
Price
$62.67
GF Value