Middlesex Water (MSEX) Capital Expenditures (2010 - 2026)
Middlesex Water (MSEX) posted Capital Expenditures of $32.8 million for Q2 2026, up 59.04% sequentially from $20.6 million in Q1 2026, and up 3.48% YoY from $31.7 million in Q2 2025.
Middlesex Water (MSEX) Capital Expenditures (2010 - 2026) Analysis & Trends
Middlesex Water has reported Capital Expenditures for 17 years, with the latest figure at $32.8 million in Q2 2026.
- Quarterly Capital Expenditures rose 3.48% year-over-year to $32.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $99.2 million (up 2.76% YoY) and the FY2025 annual result came in at $96.4 million, up 29.12% from the prior year.
- Capital Expenditures improved to $32.8 million in Q2 2026 per MSEX's latest filing, from $20.6 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $32.8 million in Q2 2026 and troughed at $14.3 million in Q2 2024.
- A 5-year average of $22.6 million and a median of $22.6 million in 2022 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2024 and 2025: Capital Expenditures sank 45.07% in 2024, then surged 121.1% in 2025.
- Over 5 years, Capital Expenditures stood at $25.4 million in 2022, then plunged by 32.65% to $17.1 million in 2023, then surged by 46.99% to $25.1 million in 2024, then dropped by 1.71% to $24.7 million in 2025, then jumped by 32.84% to $32.8 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered $32.8 million, $20.6 million, and $24.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.52 Bn | 26.33 Bn | - | 860.00 Mn |
| 2 | Essential Utilities | 11.31 Bn | 11.30 Bn | - | 392.92 Mn |
| 3 | American States Water | 3.36 Bn | 3.34 Bn | 278.03 Mn | 63.70 Mn |
| 4 | California Water Service | 3.01 Bn | 2.92 Bn | 263.45 Mn | 146.98 Mn |
| 5 | H2O America | 2.59 Bn | 2.49 Bn | 197.11 Mn | 12.89 Mn |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 32.83 Mn |
| 7 | Consolidated Water | 517.36 Mn | 391.03 Mn | 10.92 Mn | 1.69 Mn |
| 8 | York Water | 514.70 Mn | 514.15 Mn | - | 11.28 Mn |
| 9 | Artesian Resources | 360.41 Mn | 356.15 Mn | 26.56 Mn | 13.14 Mn |
| 10 | Pure Cycle | 274.66 Mn | 266.22 Mn | 4.29 Mn | -3.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.83 Mn |
| Jun 30, 2026 | 32.83 Mn |
| Mar 31, 2026 | 20.64 Mn |
| Mar 31, 2026 | 20.64 Mn |
| Dec 31, 2025 | 24.71 Mn |
| Dec 31, 2025 | 24.71 Mn |
| Mar 31, 2025 | 18.91 Mn |
| Mar 31, 2025 | 18.91 Mn |
| Dec 31, 2024 | 25.14 Mn |
| Dec 31, 2024 | 25.14 Mn |
| Sep 30, 2024 | 20.74 Mn |
| Sep 30, 2024 | 20.74 Mn |
| Jun 30, 2024 | 14.35 Mn |
| Jun 30, 2024 | 14.35 Mn |
| Mar 31, 2024 | 14.39 Mn |
| Mar 31, 2024 | 14.39 Mn |
| Dec 31, 2023 | 17.11 Mn |
| Dec 31, 2023 | 17.11 Mn |
| Sep 30, 2023 | 22.44 Mn |
| Sep 30, 2023 | 22.44 Mn |