Growth Metrics

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

Middlesex Water recorded quarterly EBT Margin of 24.41% in Q1 2026, up 21.66% quarter-over-quarter from 20.06% in Q4 2025, and up 39.0% year-over-year from 17.56% in Q1 2025.

Middlesex Water's EBT Margin history runs 17 years deep, the most recent figure standing at 24.41% for Q1 2026.

  • In Q1 2026, EBT Margin rose 39.0% year-over-year to 24.41%; the TTM figure through Mar 2026 stood at 24.56% (down 96.0% YoY), while the FY2025 annual figure was 24.47%, down 224.0% from the prior year.
  • EBT Margin came in at 24.41% for Q1 2026 at Middlesex Water, up from 20.06% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 34.37% in Q1 2022 to a low of 14.63% in Q4 2023.
  • A 5-year average of 24.55% and a median of 24.37% in 2022 frame the typical range for EBT Margin.
  • Across the five-year window, EBT Margin soared 1614 bps in 2022 and slumped 1706 bps in 2023, its largest moves.
  • Middlesex Water's EBT Margin stood at 18.87% in 2022, then decreased by 22 bps to 14.63% in 2023, then jumped by 35 bps to 19.76% in 2024, then gained by 2 bps to 20.06% in 2025, then rose by 22 bps to 24.41% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 24.41%, 20.06%, and 28.45% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 American Water Works Company 24.16 Bn 24.02 Bn 714.00 Mn 21.46%
2 Aris Mining 20.33 Bn 19.86 Bn 233.28 Mn 43.40%
3 Essential Utilities 10.48 Bn 10.40 Bn 685.96 Mn 26.78%
4 American States Water 2.94 Bn 2.93 Bn 104.19 Mn 33.13%
5 California Water Service 2.58 Bn 2.48 Bn 183.34 Mn -0.68%
6 H2O America 2.18 Bn 2.03 Bn 171.30 Mn 12.22%
7 Middlesex Water 959.61 Mn 957.57 Mn 25.70 Mn 24.41%
8 Consolidated Water 465.28 Mn 344.14 Mn 10.92 Mn 13.94%
9 York Water 430.12 Mn 430.12 Mn 13.98 Mn 19.87%
10 Artesian Resources 332.86 Mn 328.60 Mn 26.56 Mn 14.57%

Historic Data

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DateValue
Mar 31, 2026 24.41%
Dec 31, 2025 20.06%
Sep 30, 2025 28.45%
Jun 30, 2025 24.72%
Mar 31, 2025 24.02%
Dec 31, 2024 19.76%
Sep 30, 2024 29.14%
Jun 30, 2024 28.34%
Mar 31, 2024 29.54%
Dec 31, 2023 14.63%
Sep 30, 2023 22.98%
Jun 30, 2023 22.34%
Mar 31, 2023 17.31%
Dec 31, 2022 18.87%
Sep 30, 2022 34.09%
Jun 30, 2022 24.37%
Mar 31, 2022 34.37%
Dec 31, 2021 15.89%
Sep 30, 2021 26.11%
Jun 30, 2021 25.37%
Mar 31, 2021 18.24%
Dec 31, 2020 19.36%
Sep 30, 2020 31.73%
Jun 30, 2020 24.29%
Mar 31, 2020 20.04%
Dec 31, 2019 17.97%
Sep 30, 2019 28.74%
Jun 30, 2019 23.13%
Mar 31, 2019 20.48%
Dec 31, 2018 18.74%
Sep 30, 2018 31.07%
Jun 30, 2018 27.03%
Mar 31, 2018 18.21%
Dec 31, 2017 22.84%
Sep 30, 2017 31.87%
Jun 30, 2017 25.14%
Mar 31, 2017 25.14%
Mar 31, 2016 24.25%
Dec 31, 2015 22.16%
Sep 30, 2015 29.36%
Jun 30, 2015 24.84%
Mar 31, 2015 19.74%
Dec 31, 2014 21.32%
Sep 30, 2014 31.19%
Jun 30, 2014 24.93%
Mar 31, 2014 18.11%
Dec 31, 2013 17.68%
Sep 30, 2013 28.32%
Jun 30, 2013 22.79%
Mar 31, 2013 17.88%
Dec 31, 2012 15.28%
Sep 30, 2012 28.58%
Jun 30, 2012 20.74%
Mar 31, 2012 11.51%
Dec 31, 2011 12.96%
Sep 30, 2011 27.16%
Jun 30, 2011 20.35%
Mar 31, 2011 16.07%
Dec 31, 2010 15.62%
Sep 30, 2010 28.35%
Jun 30, 2010 24.55%