Middlesex Water EV/EBIT MSEX

Enterprise value divided by operating profit over the last twelve months, one-off items taken out, since 2012.

Today, Oct 23, 2026: 24.2×
10-year median: 34.8×
Against its 10-year history: 22nd; percentile: 0 is its lowest day, 100 its highest
10-year range: 16.8× to 67.4×
Peer median: 22.0×

Middlesex Water's EV/EBIT is 24.2× as of Oct 23, 2026.

That is below its ten-year median of 34.8×, lower than on 78% of days in the last ten years.

Over that time it ranged from 16.8× in Nov 2016 to 67.4× in Dec 2021.

The median for 8 water utilities of a similar size is 22.0×.

EV/EBIT over time

median 34.8×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	24.2×	23.4×	26.1×
2025	24.2×	23.7×	33.5×
2024	32.4×	32.4×	45.6×
2023	39.0×	34.2×	43.1×
2022	37.2×	37.2×	67.3×
2021	67.4×	39.5×	67.4×
2020	41.0×	34.5×	42.0×
2019	36.7×	26.5×	38.2×
2018	26.3×	18.8×	28.9×
2017	21.2×	17.1×	23.7×
2016	20.2×	15.6×	22.0×
2015	16.0×	13.9×	16.3×
2014	15.3×	14.3×	16.1×
2013	15.6×	15.5×	18.1×
2012	17.8×	17.0×	19.8×

Against its peers

Companies in Regulated Water nearest Middlesex Water's size, closest first, today.

Company	EV/EBIT
MSEXMiddlesex Water	24.2×
YORWYork Water	23.1×
HTOH2O America	23.9×
CWCOConsolidated Water	20.3×
CWTCalifornia Water Service	24.9×
ARTNAArtesian Resources	17.9×
AWRAmerican States Water	18.4×
PCYOPure Cycle	20.9×
GWRSGlobal Water Resources	43.9×
Peer median	22.0×

Where Middlesex Water ranks

What the EV/EBIT tells you

What the whole business costs against its operating profit. Enterprise value is the market value plus borrowings and minority interests, less cash. EBIT is operating profit before interest and tax, with one-offs taken out. Unlike PE it is not moved by how a company is financed.

Leases are left out of debt for every company. Banks earn on their balance sheet, so EV/EBIT does not describe them.

More on Middlesex Water

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.