Middlesex Water MSEX
NASDAQ MSEX
$58.20 +0.29 (+0.50%)
As of: Sep 3, 2026 · 11:34 AM EDT

Middlesex Water (MSEX) EBITDA Margin (2010 - 2026)

Middlesex Water (MSEX) posted EBITDA 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.

Analysis

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

Middlesex Water has reported EBITDA Margin for 17 years, with the latest figure at 32.35% in Q2 2026.

  • Quarterly EBITDA 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.
  • EBITDA Margin grew to 32.35% in Q2 2026 per MSEX's latest filing, from 26.9% in the prior quarter.
  • Over five years, EBITDA 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 EBITDA Margin.
  • The sharpest annual moves came in 2022 and 2023: EBITDA Margin jumped 1728 bps in 2022, then plunged 1497 bps in 2023.
  • Over 5 years, EBITDA 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, EBITDA Margin over the past three periods registered 32.35%, 26.9%, and 23.85% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 American Water Works Company 27.53 Bn 27.34 Bn 874.00 Mn 40.00%
2 Essential Utilities 11.89 Bn 11.88 Bn 377.22 Mn 57.05%
3 American States Water 3.52 Bn 3.50 Bn 169.26 Mn 35.29%
4 California Water Service 3.04 Bn 2.95 Bn 263.45 Mn 22.97%
5 H2O America 2.69 Bn 2.58 Bn 197.11 Mn 20.31%
6 Middlesex Water 1.09 Bn 1.09 Bn 30.96 Mn 44.34%
7 York Water 543.93 Mn 543.38 Mn 17.56 Mn 41.71%
8 Consolidated Water 467.05 Mn 334.42 Mn 10.96 Mn 11.39%
9 Artesian Resources 374.18 Mn 364.37 Mn 29.37 Mn 28.09%
10 Cadiz 345.42 Mn 340.10 Mn -24,000.00 -902.45%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 44.34%
Mar 31, 2026 41.34%
Dec 31, 2025 38.63%
Sep 30, 2025 45.56%
Jun 30, 2025 41.80%
Mar 31, 2025 40.82%
Dec 31, 2024 35.98%
Sep 30, 2024 43.21%
Jun 30, 2024 43.99%
Mar 31, 2024 37.66%
Dec 31, 2023 38.57%
Sep 30, 2023 41.10%
Jun 30, 2023 39.38%
Mar 31, 2023 35.32%
Dec 31, 2022 36.24%
Sep 30, 2022 46.91%
Jun 30, 2022 39.71%
Mar 31, 2022 50.13%
Dec 31, 2021 35.05%
Sep 30, 2021 42.45%