Middlesex Water Company Reports Third Quarter 2026 Earnings
Key Highlights
- ➤Q3 net income $18.0 million, up from $14.0 million year over year
- ➤Diluted EPS $0.95, up from $0.77 in Q3 2025
- ➤Nine-month infrastructure investment reached approximately $84 million
- ➤Annual dividend raised 5.56% to $1.52 per common share
- ➤NJBPU petitions seek $2.5 million in additional annual revenues
Expert Statements
Nadine Leslie, Chair, President, and Chief Executive Officer of Middlesex Water Company
“Our strong third-quarter results reflect increased wholesale demand, higher customer consumption, and the continued execution of our regulatory strategy.”
Nadine Leslie, Chair, President, and Chief Executive Officer of Middlesex Water Company
“As we deliver solid earnings growth, we remain focused on investing in critical water and wastewater infrastructure, strengthening system reliability, and pursuing selective and sustainable growth under our MWC 2030 Vision to create long-term value for customers and shareholders.”
* Diluted earnings per share (“EPS”) of $0.95 * Invested $84 million in water and wastewater utility infrastructure during the nine months ended September 30, 2026 * Declared $0.38 common stock cash dividend, a 5.56% increase ISELIN, N.J., Oct. 29, 2026 (GLOBE NEWSWIRE) -- Middlesex Water Company (“Middlesex” or the “Company”) (NASDAQ: MSEX) today announced financial results for the third quarter ended September 30, 2026.
“Our strong third-quarter results reflect increased wholesale demand, higher customer consumption, and the continued execution of our regulatory strategy,” said Nadine Leslie, Chair, President, and Chief Executive Officer of Middlesex Water Company. “As we deliver solid earnings growth, we remain focused on investing in critical water and wastewater infrastructure, strengthening system reliability, and pursuing selective and sustainable growth under our MWC 2030 Vision to create long-term value for customers and shareholders.”
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