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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 American Water Works Company 26.64 Bn 26.45 Bn - -
2 Essential Utilities 11.36 Bn 11.35 Bn - -
3 American States Water 3.38 Bn 3.36 Bn 278.03 Mn 255.48 Mn
4 California Water Service 3.02 Bn 2.93 Bn 263.45 Mn -
5 H2O America 2.61 Bn 2.51 Bn 197.11 Mn 307.92 Mn
6 Middlesex Water 1.09 Bn 1.09 Bn - 60.37 Mn
7 York Water 517.80 Mn 517.25 Mn - -
8 Consolidated Water 517.28 Mn 390.95 Mn 10.92 Mn 5.14 Mn
9 Artesian Resources 362.21 Mn 357.96 Mn 26.56 Mn -
10 Pure Cycle 275.03 Mn 266.59 Mn 4.29 Mn -

Historic Data

Download Data
DateValue
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