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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |