Middlesex Water (MSEX) EBIT Margin (2010 - 2026)
Middlesex Water (MSEX) posted EBIT Margin of 32.35% for Q2 2026, up 20.26% sequentially from 26.9% in Q1 2026, and up 414.0% YoY from 6.29% in Q2 2025.
Middlesex Water (MSEX) EBIT Margin (2010 - 2026) Analysis & Trends
Middlesex Water has reported EBIT Margin for 17 years, with the latest figure at 32.35% in Q2 2026.
- Quarterly EBIT Margin rose 414.0% year-over-year to 32.35% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 29.22% (up 190.0% YoY) and the FY2025 annual result came in at 27.93%, up 20.0% from the prior year.
- EBIT Margin grew to 32.35% in Q2 2026 per MSEX's latest filing, from 26.9% in the prior quarter.
- Over five years, EBIT Margin peaked at 34.73% in Q3 2022 and troughed at 19.63% in Q1 2023.
- A 5-year average of 27.16% and a median of 26.49% in 2025 frame the typical range for EBIT Margin.
- The sharpest annual moves came in 2022 and 2023: EBIT Margin jumped 1728 bps in 2022, then plunged 1497 bps in 2023.
- Over 5 years, EBIT Margin stood at 20.98% in 2022, then rose by 2 bps to 21.35% in 2023, then grew by 5 bps to 22.35% in 2024, then rose by 7 bps to 23.85% in 2025, then surged by 36 bps to 32.35% in 2026.
- According to Business Quant data, EBIT Margin over the past three periods registered 32.35%, 26.9%, and 23.85% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.66 Bn | 26.47 Bn | - | 40.00% |
| 2 | Essential Utilities | 11.36 Bn | 11.35 Bn | - | 36.41% |
| 3 | American States Water | 3.38 Bn | 3.36 Bn | 278.03 Mn | 14.81% |
| 4 | California Water Service | 3.02 Bn | 2.93 Bn | 263.45 Mn | 22.97% |
| 5 | H2O America | 2.60 Bn | 2.49 Bn | 197.11 Mn | 20.31% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 32.35% |
| 7 | Consolidated Water | 517.12 Mn | 390.79 Mn | 10.92 Mn | 11.48% |
| 8 | York Water | 517.01 Mn | 516.45 Mn | - | 41.71% |
| 9 | Artesian Resources | 362.21 Mn | 357.96 Mn | 26.56 Mn | 22.60% |
| 10 | Pure Cycle | 274.66 Mn | 266.22 Mn | 4.29 Mn | 25.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 32.35% |
| Mar 31, 2026 | 26.90% |
| Dec 31, 2025 | 23.85% |
| Sep 30, 2025 | 32.73% |
| Jun 30, 2025 | 28.22% |
| Mar 31, 2025 | 26.09% |
| Dec 31, 2024 | 22.35% |
| Sep 30, 2024 | 31.76% |
| Jun 30, 2024 | 31.16% |
| Mar 31, 2024 | 24.36% |
| Dec 31, 2023 | 21.35% |
| Sep 30, 2023 | 27.45% |
| Jun 30, 2023 | 24.95% |
| Mar 31, 2023 | 19.65% |
| Dec 31, 2022 | 20.98% |
| Sep 30, 2022 | 34.75% |
| Jun 30, 2022 | 25.45% |
| Mar 31, 2022 | 34.63% |
| Dec 31, 2021 | 18.63% |
| Sep 30, 2021 | 28.68% |