CL vs. MSEX
CL (Colgate-Palmolive Company) and MSEX (Middlesex Water Company) are both stocks. CL operates in Household & Personal Products (Consumer Defensive), while MSEX operates in Utilities - Regulated Water (Utilities). Over the past 10 years, CL returned 4.21%/yr vs 4.97%/yr for MSEX. At a 0.19 correlation, their price movements are largely independent.
Performance
CL vs. MSEX - Performance Comparison
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Returns By Period
In the year-to-date period, CL achieves a 10.27% return, which is significantly higher than MSEX's 5.78% return. Over the past 10 years, CL has underperformed MSEX with an annualized return of 4.21%, while MSEX has yielded a comparatively higher 4.97% annualized return.
CL
- 1D
- -2.83%
- 1M
- -1.69%
- YTD
- 10.27%
- 6M
- 14.49%
- 1Y
- -2.21%
- 3Y*
- 6.80%
- 5Y*
- 3.26%
- 10Y*
- 4.21%
MSEX
- 1D
- -1.41%
- 1M
- 2.77%
- YTD
- 5.78%
- 6M
- 4.49%
- 1Y
- -3.59%
- 3Y*
- -12.32%
- 5Y*
- -7.76%
- 10Y*
- 4.97%
CL vs. MSEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CL Colgate-Palmolive Company | 10.27% | -10.98% | 16.57% | 3.78% | -5.44% | 2.08% | 27.17% | 18.60% | -19.19% | 17.88% |
MSEX Middlesex Water Company | 5.78% | -1.65% | -18.00% | -15.19% | -33.75% | 68.50% | 15.78% | 21.12% | 36.54% | -4.92% |
Correlation
The correlation between CL and MSEX is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.19 |
The correlation between CL and MSEX shifts across timeframes, from 0.19 (all time) to 0.32 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CL:
$2.58
MSEX:
$3.22
CL:
33.37
MSEX:
16.34
CL:
8.62
MSEX:
2.68
CL:
3.35
MSEX:
3.61
CL:
$20.80B
MSEX:
$199.11M
CL:
$12.49B
MSEX:
$66.33M
CL:
$3.92B
MSEX:
$86.27M
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Return for Risk
CL vs. MSEX — Risk / Return Rank
CL
MSEX
CL vs. MSEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Colgate-Palmolive Company (CL) and Middlesex Water Company (MSEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CL | MSEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.01 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | -0.17 | +0.05 |
| Martin ratioReturn relative to average drawdown | -0.20 | -0.30 | +0.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CL | MSEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.10 | -0.12 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | -0.25 | +0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.15 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.32 | +0.11 |
Drawdowns
CL vs. MSEX - Drawdown Comparison
The maximum CL drawdown since its inception was -58.91%, roughly equal to the maximum MSEX drawdown of -60.51%. Use the drawdown chart below to compare losses from any high point for CL and MSEX.
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Drawdown Indicators
| CL | MSEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.91% | -60.51% | +1.60% |
Max Drawdown (1Y)Largest decline over 1 year | -18.64% | -21.04% | +2.40% |
Max Drawdown (3Y)Largest decline over 3 years | -29.05% | -44.52% | +15.47% |
Max Drawdown (5Y)Largest decline over 5 years | -29.05% | -60.51% | +31.46% |
Max Drawdown (10Y)Largest decline over 10 years | -29.05% | -60.51% | +31.46% |
Current DrawdownCurrent decline from peak | -17.54% | -52.07% | +34.53% |
Average DrawdownAverage peak-to-trough decline | -11.24% | -12.86% | +1.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.29% | 12.07% | -0.78% |
Volatility
CL vs. MSEX - Volatility Comparison
Colgate-Palmolive Company (CL) has a higher volatility of 7.77% compared to Middlesex Water Company (MSEX) at 5.32%. This indicates that CL's price experiences larger fluctuations and is considered to be riskier than MSEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CL | MSEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.77% | 5.32% | +2.45% |
Volatility (6M)Calculated over the trailing 6-month period | 17.27% | 18.12% | -0.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.67% | 30.28% | -8.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.77% | 31.16% | -12.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.74% | 32.34% | -12.60% |
Dividends
CL vs. MSEX - Dividend Comparison
CL's dividend yield for the trailing twelve months is around 2.43%, less than MSEX's 2.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CL Colgate-Palmolive Company | 2.43% | 2.61% | 2.18% | 2.40% | 2.36% | 2.10% | 2.05% | 2.48% | 2.79% | 2.11% | 2.37% | 2.25% |
MSEX Middlesex Water Company | 2.70% | 2.74% | 2.50% | 1.92% | 1.50% | 1.16% | 1.44% | 1.54% | 1.71% | 2.15% | 1.88% | 2.92% |
Financials
CL vs. MSEX - Financials Comparison
This section allows you to compare key financial metrics between Colgate-Palmolive Company and Middlesex Water Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CL vs. MSEX - Profitability Comparison
CL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Colgate-Palmolive Company reported a gross profit of 3.23B and revenue of 5.32B. Therefore, the gross margin over that period was 60.6%.
MSEX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Middlesex Water Company reported a gross profit of 0.00 and revenue of 48.71M. Therefore, the gross margin over that period was 0.0%.
CL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Colgate-Palmolive Company reported an operating income of 1.16B and revenue of 5.32B, resulting in an operating margin of 21.7%.
MSEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Middlesex Water Company reported an operating income of 13.10M and revenue of 48.71M, resulting in an operating margin of 26.9%.
CL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Colgate-Palmolive Company reported a net income of 646.00M and revenue of 5.32B, resulting in a net margin of 12.1%.
MSEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Middlesex Water Company reported a net income of 10.61M and revenue of 48.71M, resulting in a net margin of 21.8%.
Frequently Asked Questions
CL and MSEX have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CL has higher volatility (7.77%) compared to MSEX (5.32%). In terms of maximum drawdown, CL dropped -58.91% vs MSEX's -60.51%.
CL currently has the higher Sharpe Ratio (-0.10 vs -0.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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