Growth Metrics

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

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DateValue
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