Middlesex Water (MSEX) Current Taxes (2010 - 2026)
Middlesex Water (MSEX) posted Current Taxes of $19.0 million for Q2 2026, down 14.22% sequentially from $22.1 million in Q1 2026, and up 23.43% YoY from $15.4 million in Q2 2025.
Middlesex Water (MSEX) Current Taxes (2010 - 2026) Analysis & Trends
Middlesex Water has reported Current Taxes for 17 years, with the latest figure at $19.0 million in Q2 2026.
- Quarterly Current Taxes rose 23.43% year-over-year to $19.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $19.0 million (up 23.43% YoY) and the FY2025 annual result came in at $16.0 million, up 33.53% from the prior year.
- Current Taxes retreated to $19.0 million in Q2 2026 per MSEX's latest filing, from $22.1 million in the prior quarter.
- Over five years, Current Taxes peaked at $22.1 million in Q1 2026 and troughed at $8.1 million in Q3 2023.
- A 5-year average of $14.2 million and a median of $14.1 million in 2022 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2023 and 2024: Current Taxes plunged 35.3% in 2023, then soared 64.66% in 2024.
- Over 5 years, Current Taxes stood at $12.2 million in 2022, then dropped by 13.38% to $10.5 million in 2023, then gained by 13.68% to $12.0 million in 2024, then surged by 33.53% to $16.0 million in 2025, then gained by 18.63% to $19.0 million in 2026.
- According to Business Quant data, Current Taxes over the past three periods registered $19.0 million, $22.1 million, and $16.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.41 Bn | 26.22 Bn | - | 84.00 Mn |
| 2 | Essential Utilities | 11.26 Bn | 11.25 Bn | - | 27.05 Mn |
| 3 | American States Water | 3.35 Bn | 3.33 Bn | 278.03 Mn | 1.17 Mn |
| 4 | California Water Service | 3.00 Bn | 2.91 Bn | 263.45 Mn | - |
| 5 | H2O America | 2.58 Bn | 2.47 Bn | 197.11 Mn | - |
| 6 | Middlesex Water | 1.09 Bn | 1.08 Bn | - | 18.97 Mn |
| 7 | Consolidated Water | 515.84 Mn | 389.51 Mn | 10.92 Mn | - |
| 8 | York Water | 513.04 Mn | 512.48 Mn | - | - |
| 9 | Artesian Resources | 360.98 Mn | 356.72 Mn | 26.56 Mn | 1.96 Mn |
| 10 | Pure Cycle | 273.58 Mn | 265.14 Mn | 4.29 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.97 Mn |
| Mar 31, 2026 | 22.12 Mn |
| Dec 31, 2025 | 15.99 Mn |
| Sep 30, 2025 | 15.54 Mn |
| Jun 30, 2025 | 15.37 Mn |
| Mar 31, 2025 | 17.44 Mn |
| Dec 31, 2024 | 11.98 Mn |
| Sep 30, 2024 | 13.41 Mn |
| Jun 30, 2024 | 14.24 Mn |
| Mar 31, 2024 | 14.72 Mn |
| Dec 31, 2023 | 10.54 Mn |
| Sep 30, 2023 | 8.14 Mn |
| Jun 30, 2023 | 10.34 Mn |
| Mar 31, 2023 | 16.00 Mn |
| Dec 31, 2022 | 12.16 Mn |
| Sep 30, 2022 | 12.59 Mn |
| Jun 30, 2022 | 12.51 Mn |
| Mar 31, 2022 | 14.03 Mn |
| Dec 31, 2021 | 8.62 Mn |
| Sep 30, 2021 | 12.69 Mn |