Shares Outstanding for Middlesex Water (MSEX)
According to Middlesex Water's latest reported financial statements, the company's latest reported diluted shares outstanding is 18.43M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

MSEX
Currently viewingShares OutstandingSwitch metric
Latest period
18.43M
YoY change
+1.2%
5Y CAGR
+0.7%
Peak year (2025)
18.15M
Latest annual
18.15M
Shares Outstanding history chart for Middlesex Water (MSEX) from 1985 to 2025
Shares Outstanding history table for Middlesex Water (MSEX) from 1985 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 18.15M | +1.2% | ||
| 2024 | 17.95M | +0.6% | ||
| 2023 | 17.85M | +0.8% | ||
| 2022 | 17.71M | +0.6% | ||
| 2021 | 17.61M | +0.2% | ||
| 2020 | 17.57M | +4.4% | ||
| 2019 | 16.83M | +1.7% | ||
| 2018 | 16.54M | +0.3% | ||
| 2017 | 16.49M | +0.4% | ||
| 2016 | 16.43M | +0.6% | ||
| 2015 | 16.33M | +0.6% | ||
| 2014 | 16.23M | +0.7% | ||
| 2013 | 16.11M | +0.7% | ||
| 2012 | 15.99M | +0.7% | ||
| 2011 | 15.88M | +6.4% | ||
| 2010 | 14.92M | +8.7% | ||
| 2009 | 13.72M | +0.7% | ||
| 2008 | 13.62M | +0.6% | ||
| 2007 | 13.53M | +11.2% | ||
| 2006 | 12.18M | +3.3% | ||
| 2005 | 11.78M | +3.2% | ||
| 2004 | 11.42M | +5.6% | ||
| 2003 | 10.82M | +1.8% | ||
| 2002 | 10.62M | +1.4% | ||
| 2001 | 10.47M | +0.8% | ||
| 2000 | 10.39M | +0.9% | ||
| 1999 | 10.30M | +12.4% | ||
| 1998 | 9.16M | +6.9% | ||
| 1997 | 8.57M | +2.9% | ||
| 1996 | 8.33M | +3.0% | ||
| 1995 | 8.08M | +1.5% | ||
| 1994 | 7.97M | +1.9% | ||
| 1993 | 7.82M | +11.7% | ||
| 1992 | 7.00M | +2.3% | ||
| 1991 | 6.84M | -0.5% | ||
| 1990 | 6.87M | +11.7% | ||
| 1989 | 6.15M | +3.2% | ||
| 1988 | 5.96M | +0.4% | ||
| 1987 | 5.94M | 0.0% | ||
| 1986 | 5.94M | 0.0% | ||
| 1985 | 5.94M | — |
Shares Outstanding values are taken from Middlesex Water's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Middlesex Water (MSEX) reported diluted shares outstanding of 18.15M – edged up 1.2% year-over-year.
Over 2020–2025 (5 years), Middlesex Water diluted shares outstanding expanded at a +0.7% compound annual rate, sustaining 34 straight years of year-over-year growth.
18.15M stands as the all-time-high annual diluted shares outstanding, posted in 2025, against a low of 5.94M during 1985.
Middlesex Water (MSEX) sits 9th of 8 Utilities peers we track on this metric, against a peer median of 714.85M.
Middlesex Water Shares Outstanding by Year
Middlesex Water Shares Outstanding 2025: 18.15M
Middlesex Water diluted shares outstanding in 2025 was 18.15M, edged up 1.2% from 2024. This figure represents the highest annual value in the available history.
Middlesex Water Shares Outstanding 2024: 17.95M
Middlesex Water diluted shares outstanding in 2024 was 17.95M, edged up 0.6% from 2023.
Middlesex Water Shares Outstanding 2023: 17.85M
Middlesex Water diluted shares outstanding in 2023 was 17.85M, edged up 0.8% from 2022.
Middlesex Water Shares Outstanding 2022: 17.71M
Middlesex Water diluted shares outstanding in 2022 was 17.71M, edged up 0.6% from 2021.
Middlesex Water Shares Outstanding 2021: 17.61M
Middlesex Water diluted shares outstanding in 2021 was 17.61M.
See more financial history for Middlesex Water (MSEX).
Sector peers — Shares Outstanding
Companies in the same sector as Middlesex Water, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| NextEra Energy, Inc. (NEE) | 2.09B | Utilities |
| The Southern Company (SO) | 1.11B | Utilities |
| Dominion Energy, Inc. (D) | 855.30M | Utilities |
| Duke Energy Corporation (DUK) | 777.00M | Utilities |
| Sempra (SRE) | 652.70M | Utilities |
| American Electric Power Company, Inc. (AEP) | 520.21M | Utilities |
| Constellation Energy Corporation (CEG) | 314.00M | Utilities |
| GE Vernova Inc. (GEV) | 276.00M | Utilities |
Frequently asked questions
What is Middlesex Water's diluted shares outstanding?
Latest reported diluted shares outstanding for Middlesex Water (MSEX) is 18.43M (period ending December 31, 2025).
How has Middlesex Water diluted shares outstanding changed year-over-year?
Middlesex Water (MSEX) diluted shares outstanding changed +1.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Middlesex Water diluted shares outstanding?
Middlesex Water (MSEX) diluted shares outstanding compound annual growth rate is +0.7% over the most recent 5 years available.
When did Middlesex Water diluted shares outstanding hit its highest annual value?
Middlesex Water diluted shares outstanding reached its highest annual value of 18.15M in 2025.
What was Middlesex Water diluted shares outstanding in 2024?
Middlesex Water (MSEX) diluted shares outstanding in 2024 was 17.95M.
What was Middlesex Water diluted shares outstanding in 2025?
Middlesex Water (MSEX) diluted shares outstanding in 2025 was 18.15M.
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