Middlesex Water (MSEX) EBITDA (2010 - 2026)

Middlesex Water (MSEX) posted EBITDA of $18.2 million for Q2 2026, up 39.13% sequentially from $13.1 million in Q1 2026, and up 31.03% YoY from $13.9 million in Q2 2025.

Middlesex Water (MSEX) EBITDA (2010 - 2026) Analysis & Trends

Middlesex Water has reported EBITDA for 17 years, with the latest figure at $18.2 million in Q2 2026.

  • Quarterly EBITDA rose 31.03% year-over-year to $18.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $60.2 million (up 12.6% YoY) and the FY2025 annual result came in at $54.4 million, up 2.19% from the prior year.
  • EBITDA rose to $18.2 million in Q2 2026 per MSEX's latest filing, from $13.1 million in the prior quarter.
  • Over five years, EBITDA peaked at $18.2 million in Q2 2026 and troughed at $7.5 million in Q1 2023.
  • A 5-year average of $12.5 million and a median of $12.0 million in 2022 frame the typical range for EBITDA.
  • The sharpest annual moves came in 2022 and 2023: EBITDA surged 122.28% in 2022, then tumbled 40.19% in 2023.
  • Over 5 years, EBITDA stood at $8.1 million in 2022, then gained by 1.17% to $8.2 million in 2023, then grew by 27.75% to $10.5 million in 2024, then gained by 6.42% to $11.2 million in 2025, then surged by 62.69% to $18.2 million in 2026.
  • According to Business Quant data, EBITDA over the past three periods registered $18.2 million, $13.1 million, and $11.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 American Water Works Company 26.52 Bn 26.33 Bn - 542.00 Mn
2 Essential Utilities 11.31 Bn 11.30 Bn - 193.27 Mn
3 American States Water 3.36 Bn 3.34 Bn 278.03 Mn 45.04 Mn
4 California Water Service 3.01 Bn 2.92 Bn 263.45 Mn 70.90 Mn
5 H2O America 2.59 Bn 2.49 Bn 197.11 Mn 42.75 Mn
6 Middlesex Water 1.09 Bn 1.09 Bn - 18.23 Mn
7 Consolidated Water 516.08 Mn 389.75 Mn 10.92 Mn 3.44 Mn
8 York Water 516.05 Mn 515.50 Mn - 9.81 Mn
9 Artesian Resources 361.28 Mn 357.03 Mn 26.56 Mn 6.28 Mn
10 Pure Cycle 274.54 Mn 266.10 Mn 4.29 Mn 2.35 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 18.23 Mn
Mar 31, 2026 13.10 Mn
Dec 31, 2025 11.21 Mn
Sep 30, 2025 17.70 Mn
Jun 30, 2025 13.91 Mn
Mar 31, 2025 11.56 Mn
Dec 31, 2024 10.53 Mn
Sep 30, 2024 17.50 Mn
Jun 30, 2024 15.32 Mn
Mar 31, 2024 9.87 Mn
Dec 31, 2023 8.24 Mn
Sep 30, 2023 12.82 Mn
Jun 30, 2023 10.67 Mn
Mar 31, 2023 7.49 Mn
Dec 31, 2022 8.15 Mn
Sep 30, 2022 16.58 Mn
Jun 30, 2022 10.09 Mn
Mar 31, 2022 12.52 Mn
Dec 31, 2021 6.34 Mn
Sep 30, 2021 11.42 Mn