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Compare · MSEX vs WTRG

MSEX vs WTRG

Side-by-side comparison of Middlesex Water Company (MSEX) and Essential Utilities Inc. (WTRG): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both MSEX and WTRG operate in Water Supply (Utilities), so they compete in similar markets.
  • WTRG is the larger of the two at $10.40B, about 10.6x MSEX ($980.0M).
  • Over the past year, MSEX is down 6.2% and WTRG is down 3.2% - WTRG leads by 3.0 points.
  • WTRG has been more active in the news (3 items in the past 4 weeks vs 1 for MSEX).
  • WTRG has more recent analyst coverage (18 ratings vs 5 for MSEX).
PerformanceMSEX-6.21%WTRG-3.25%
2025-06-09+0.00%2026-06-08
MetricMSEXWTRG
Company
Middlesex Water Company
Essential Utilities Inc.
Price
-
-
Market cap
$980.0M
$10.40B
1M return
+2.48%
-2.84%
1Y return
-6.21%
-3.25%
Industry
Water Supply
Water Supply
Exchange
NASDAQ
NYSE
IPO
News (4w)
1
3
Recent ratings
5
18
MSEX

Middlesex Water Company

Middlesex Water Company owns and operates regulated water utility and wastewater systems. It operates in two segments, Regulated and Non-Regulated. The Regulated segment collects, treats, and distributes water on a retail and wholesale basis to residential, commercial, industrial, and fire protection customers in parts of New Jersey, Delaware, and Pennsylvania. This segment also includes regulated wastewater systems in New Jersey and Delaware. The Non-Regulated segment provides non-regulated contract services for the operation and maintenance of municipal and private water and wastewater systems in New Jersey and Delaware. The company was incorporated in 1896 and is headquartered in Iselin, New Jersey.

WTRG

Essential Utilities Inc.

Essential Utilities, Inc., through its subsidiaries, operates regulated utilities that provide water, wastewater, or natural gas services in the United States. It offers water services through operating and maintenance contracts with municipal authorities and other parties. The company also provides non-utility raw water supply services for firms in the natural gas drilling industry; and water and sewer line protection solutions, and repair services to households through a third-party. It serves approximately 5 million residential water, commercial water, fire protection, industrial water, wastewater, and other water and utility customers in Pennsylvania, Ohio, Texas, Illinois, North Carolina, New Jersey, Indiana, Virginia, West Virginia, and Kentucky under the Aqua and Peoples brands. The company was formerly known as Aqua America, Inc. and changed its name to Essential Utilities, Inc. in February 2020. Essential Utilities, Inc. was founded in 1886 and is headquartered in Bryn Mawr, Pennsylvania.