Middlesex Water (MSEX) Construction in Progress (2010 - 2026)
Middlesex Water (MSEX) posted Construction in Progress of $60.4 million for Q2 2026, up 21.73% sequentially from $49.6 million in Q1 2026, and up 38.41% YoY from $43.6 million in Q2 2025.
Analysis
Middlesex Water (MSEX) Construction in Progress (2010 - 2026) Analysis & Trends
Middlesex Water has reported Construction in Progress for 17 years, with the latest figure at $60.4 million in Q2 2026.
- Quarterly Construction in Progress rose 38.41% year-over-year to $60.4 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $60.4 million (up 38.41% YoY) and the FY2025 annual result came in at $44.4 million, up 29.79% from the prior year.
- Construction in Progress grew to $60.4 million in Q2 2026 per MSEX's latest filing, from $49.6 million in the prior quarter.
- Over five years, Construction in Progress peaked at $72.6 million in Q1 2023 and troughed at $19.6 million in Q4 2023.
- A 5-year average of $41.3 million and a median of $37.4 million in 2022 frame the typical range for Construction in Progress.
- The sharpest annual moves came in 2022 and 2024: Construction in Progress soared 206.85% in 2022, then plunged 66.88% in 2024.
- Over 5 years, Construction in Progress stood at $53.6 million in 2022, then sank by 63.35% to $19.6 million in 2023, then soared by 74.22% to $34.2 million in 2024, then gained by 29.79% to $44.4 million in 2025, then soared by 35.97% to $60.4 million in 2026.
- According to Business Quant data, Construction in Progress over the past three periods registered $60.4 million, $49.6 million, and $44.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 27.55 Bn | 27.36 Bn | 874.00 Mn | - |
| 2 | Essential Utilities | 11.89 Bn | 11.88 Bn | 377.22 Mn | - |
| 3 | American States Water | 3.51 Bn | 3.49 Bn | 169.26 Mn | - |
| 4 | California Water Service | 3.04 Bn | 2.95 Bn | 263.45 Mn | - |
| 5 | H2O America | 2.71 Bn | 2.60 Bn | 197.11 Mn | 307.92 Mn |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | 30.96 Mn | 60.37 Mn |
| 7 | York Water | 544.88 Mn | 544.33 Mn | 17.56 Mn | - |
| 8 | Consolidated Water | 466.57 Mn | 333.94 Mn | 10.96 Mn | 103,667.00 |
| 9 | Artesian Resources | 372.32 Mn | 362.52 Mn | 29.37 Mn | - |
| 10 | Cadiz | 344.58 Mn | 339.26 Mn | -24,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.37 Mn |
| Mar 31, 2026 | 49.59 Mn |
| Dec 31, 2025 | 44.40 Mn |
| Sep 30, 2025 | 37.44 Mn |
| Jun 30, 2025 | 43.62 Mn |
| Mar 31, 2025 | 32.20 Mn |
| Dec 31, 2024 | 34.21 Mn |
| Sep 30, 2024 | 35.00 Mn |
| Jun 30, 2024 | 29.70 Mn |
| Mar 31, 2024 | 24.06 Mn |
| Dec 31, 2023 | 19.64 Mn |
| Sep 30, 2023 | 32.31 Mn |
| Jun 30, 2023 | 36.79 Mn |
| Mar 31, 2023 | 72.63 Mn |
| Dec 31, 2022 | 53.57 Mn |
| Sep 30, 2022 | 59.15 Mn |
| Jun 30, 2022 | 41.97 Mn |
| Mar 31, 2022 | 37.46 Mn |
| Dec 31, 2021 | 24.95 Mn |
| Sep 30, 2021 | 19.28 Mn |