How many employees does Middlesex Water Company have?

Middlesex Water Company reported 395 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 19, 2026. That is up 9.7% from a year earlier.

What is Middlesex Water Company's revenue per employee?

Middlesex Water Company brought in $195M of revenue in fiscal Dec 2025, which is $493K per employee. That ranks 7 of 7 companies we track in Regulated Water, where the median is $734K.

Where do these numbers come from?

Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

Company data

Middlesex Water Company employees and revenue per employee

MSEX · Regulated Water · $1.01B market cap

Middlesex Water Company had 395 employees at the end of fiscal Dec 2025, up 9.7% from a year earlier. Revenue for the year was $195M, up 1.5% from a year earlier, or $493K per employee. Headcount grew faster than revenue.

Employees

395

+9.7% YoY

Revenue

$195M

+1.5% YoY

Revenue / employee

$493K

Peer median $734K

Rank in industry

7 of 7

Regulated Water

Headcount against revenue

Both lines start at 100 in the first year we hold, so you can see which one grew faster.

EmployeesRevenueIndexed to 100 in Dec 2016

Hover a year for the numbers.

MSEX employees and revenue by fiscal year
Year ending	Employees	Revenue	Per employee	Staff YoY	Revenue YoY
Dec 2025	395	$195M	$493K	+9.7%	+1.5%
Dec 2024	360	$192M	$533K	+1.4%	+15.4%
Dec 2023	355	$166M	$468K	+1.4%	+2.4%
Dec 2022	350	$162M	$464K	+0.9%	+13.5%
Dec 2021	347	$143M	$413K	-0.3%	+1.1%
Dec 2020	348	$142M	$407K	-1.1%	+5.2%
Dec 2019	352	$135M	$382K	+6.7%	-2.5%
Dec 2018	330	$138M	$418K	+4.8%	+5.6%
Dec 2017	315	$131M	$415K	+1.9%	-1.6%
Dec 2016	309	$133M	$430K	—	—

Open roles: we have not matched a verified job board for this company yet.

Employees, last six fiscal years

Revenue per employee, last six fiscal years

Middlesex Water Company against similar companies

The closest industry peers by revenue, from Regulated Water.

Company	Employees	Revenue	Revenue / employee	Shape
HTO H2O America	837	$801M	$956K	Efficient growth
WTRG Essential Utilities, Inc.	3,303	$2.47B	$749K	Efficient growth
CWT California Water Service Group	1,336	$1.00B	$749K	Hiring into decline
AWK American Water Works Company, Inc.	7,000	$5.14B	$734K	Efficient growth
AWR American States Water Company	900	$658M	$731K	Efficient growth
YORW The York Water Company	129	$77.5M	$601K	Efficient growth
MSEX Middlesex Water Company	395	$195M	$493K	Hiring ahead

Every Utilities company

Questions about Middlesex Water Company

How many employees does Middlesex Water Company have?: Middlesex Water Company reported 395 employees for the fiscal year ending Dec 2025, in the annual report it filed on February 19, 2026. That is up 9.7% from a year earlier.
What is Middlesex Water Company's revenue per employee?: Middlesex Water Company brought in $195M of revenue in fiscal Dec 2025, which is $493K per employee. That ranks 7 of 7 companies we track in Regulated Water, where the median is $734K.
Where do these numbers come from?: Employee counts and revenue are taken from each company's own annual report (Form 10-K). Open roles are counted from the company's public job board where we have matched one. Companies report headcount once a year, sometimes rounded, so small changes can be noise.

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Source: employee counts and revenue as stated in Middlesex Water Company's annual reports (Form 10-K), latest filed February 19, 2026. This is data, not a recommendation to buy or sell MSEX.