Middlesex Water (MSEX) Depreciation Expense (2017 - 2026)
Middlesex Water recorded quarterly Depreciation Expense of $7.0 million in Q1 2026, up 1.35% quarter-over-quarter from $6.9 million in Q4 2025, and up 7.8% year-over-year from $6.5 million in Q1 2025.
Middlesex Water's Depreciation Expense history runs 10 years deep, the most recent figure standing at $7.0 million for Q1 2026.
- In Q1 2026, Depreciation Expense rose 7.8% year-over-year to $7.0 million; the TTM figure through Mar 2026 stood at $27.6 million (up 8.06% YoY), while the FY2025 annual figure was $27.1 million, up 10.98% from the prior year.
- Depreciation Expense came in at $7.0 million for Q1 2026 at Middlesex Water, up from $6.9 million in the prior quarter.
- In the past five years, Depreciation Expense ranged from a high of $7.0 million in Q1 2026 to a low of $5.4 million in Q1 2024.
- A 5-year average of $6.3 million and a median of $6.3 million in 2024 frame the typical range for Depreciation Expense.
- Across the five-year window, Depreciation Expense decreased 9.86% in 2024 and gained 20.96% in 2025, its largest moves.
- Middlesex Water's Depreciation Expense stood at $5.9 million in 2022, then rose by 12.26% to $6.6 million in 2023, then slipped by 3.43% to $6.4 million in 2024, then increased by 8.13% to $6.9 million in 2025, then advanced by 1.35% to $7.0 million in 2026.
- According to Business Quant data, Depreciation Expense over the past three periods registered $7.0 million, $6.9 million, and $6.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 24.16 Bn | 24.02 Bn | 714.00 Mn | - |
| 2 | Aris Mining | 20.33 Bn | 19.86 Bn | 233.28 Mn | - |
| 3 | Essential Utilities | 10.48 Bn | 10.40 Bn | 685.96 Mn | 107.11 Mn |
| 4 | American States Water | 2.94 Bn | 2.93 Bn | 104.19 Mn | - |
| 5 | California Water Service | 2.58 Bn | 2.48 Bn | 183.34 Mn | - |
| 6 | H2O America | 2.18 Bn | 2.03 Bn | 171.30 Mn | - |
| 7 | Middlesex Water | 959.61 Mn | 957.57 Mn | 25.70 Mn | 7.04 Mn |
| 8 | Consolidated Water | 465.28 Mn | 344.14 Mn | 10.92 Mn | 1.58 Mn |
| 9 | York Water | 430.12 Mn | 430.12 Mn | 13.98 Mn | - |
| 10 | Artesian Resources | 332.86 Mn | 328.60 Mn | 26.56 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.04 Mn |
| Dec 31, 2025 | 6.94 Mn |
| Sep 30, 2025 | 6.94 Mn |
| Jun 30, 2025 | 6.70 Mn |
| Mar 31, 2025 | 6.53 Mn |
| Dec 31, 2024 | 6.42 Mn |
| Sep 30, 2024 | 6.31 Mn |
| Jun 30, 2024 | 6.31 Mn |
| Mar 31, 2024 | 5.40 Mn |
| Dec 31, 2023 | 6.65 Mn |
| Sep 30, 2023 | 6.38 Mn |
| Jun 30, 2023 | 6.18 Mn |
| Mar 31, 2023 | 5.99 Mn |
| Dec 31, 2022 | 5.92 Mn |
| Sep 30, 2022 | 5.81 Mn |
| Jun 30, 2022 | 5.67 Mn |
| Mar 31, 2022 | 5.62 Mn |
| Dec 31, 2021 | 5.59 Mn |
| Sep 30, 2021 | 5.50 Mn |
| Jun 30, 2021 | 5.19 Mn |
| Mar 31, 2021 | 4.83 Mn |
| Dec 31, 2020 | 4.67 Mn |
| Sep 30, 2020 | 4.72 Mn |
| Jun 30, 2020 | 4.63 Mn |
| Mar 31, 2020 | 4.45 Mn |
| Dec 31, 2019 | 4.30 Mn |
| Sep 30, 2019 | 4.25 Mn |
| Jun 30, 2019 | 4.12 Mn |
| Mar 31, 2019 | 4.05 Mn |
| Dec 31, 2018 | 3.90 Mn |
| Sep 30, 2018 | 3.79 Mn |
| Jun 30, 2018 | 3.74 Mn |
| Mar 31, 2018 | 3.61 Mn |
| Dec 31, 2017 | 3.64 Mn |
| Sep 30, 2017 | 3.59 Mn |
| Jun 30, 2017 | 3.39 Mn |