Middlesex Water MSEX
NASDAQ MSEX
$58.14 +0.23 (+0.40%)
As of: Sep 3, 2026 · 10:39 AM EDT

Middlesex Water (MSEX) Debt Ratio (2010 - 2026)

Middlesex Water (MSEX) posted Debt Ratio of 0.28 for Q2 2026, up 3.51% sequentially from 0.27 in Q1 2026, and down 47.4% YoY from 0.54 in Q2 2025.

Analysis

Middlesex Water (MSEX) Debt Ratio (2010 - 2026) Analysis & Trends

Middlesex Water has reported Debt Ratio for 17 years, with the latest figure at 0.28 in Q2 2026.

  • Quarterly Debt Ratio fell 47.4% year-over-year to 0.28 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.28 (down 47.4% YoY) and the FY2025 annual result came in at 0.28, down 1.42% from the prior year.
  • Debt Ratio improved to 0.28 in Q2 2026 per MSEX's latest filing, from 0.27 in the prior quarter.
  • Over five years, Debt Ratio peaked at 1.55 in Q2 2022 and troughed at 0.27 in Q3 2025.
  • A 5-year average of 0.46 and a median of 0.32 in 2023 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio soared 456.27% in 2022, then slumped 78.09% in 2023.
  • Over 5 years, Debt Ratio stood at 0.3 in 2022, then soared by 94.03% to 0.58 in 2023, then sank by 50.89% to 0.29 in 2024, then declined by 1.42% to 0.28 in 2025, then climbed by 0.04% to 0.28 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.28, 0.27, and 0.28 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 American Water Works Company 27.59 Bn 27.40 Bn 874.00 Mn 0.43
2 Essential Utilities 11.92 Bn 11.91 Bn 377.22 Mn 0.43
3 American States Water 3.51 Bn 3.49 Bn 169.26 Mn 0.26
4 California Water Service 3.05 Bn 2.96 Bn 263.45 Mn 0.28
5 H2O America 2.69 Bn 2.59 Bn 197.11 Mn 0.35
6 Middlesex Water 1.09 Bn 1.09 Bn 30.96 Mn 0.28
7 York Water 543.85 Mn 543.30 Mn 17.56 Mn 0.27
8 Consolidated Water 463.93 Mn 331.30 Mn 10.96 Mn 0.00
9 Artesian Resources 373.97 Mn 364.17 Mn 29.37 Mn 0.21
10 Cadiz 341.22 Mn 335.90 Mn -24,000.00 0.66
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.28
Mar 31, 2026 0.27
Dec 31, 2025 0.28
Sep 30, 2025 0.27
Jun 30, 2025 0.54
Mar 31, 2025 0.55
Dec 31, 2024 0.29
Sep 30, 2024 0.58
Jun 30, 2024 0.56
Mar 31, 2024 0.58
Dec 31, 2023 0.58
Sep 30, 2023 0.30
Jun 30, 2023 0.34
Mar 31, 2023 0.33
Dec 31, 2022 0.30
Sep 30, 2022 0.30
Jun 30, 2022 1.55
Mar 31, 2022 0.30
Dec 31, 2021 0.31
Sep 30, 2021 0.27