Middlesex Water (MSEX) EBT Margin (2010 - 2026)
Middlesex Water (MSEX) posted EBT Margin of 29.39% for Q2 2026, up 20.4% sequentially from 24.41% in Q1 2026, and up 468.0% YoY from 5.17% in Q2 2025.
Middlesex Water (MSEX) EBT Margin (2010 - 2026) Analysis & Trends
Middlesex Water has reported EBT Margin for 17 years, with the latest figure at 29.39% in Q2 2026.
- Quarterly EBT Margin rose 468.0% year-over-year to 29.39% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 25.84% (up 123.0% YoY) and the FY2025 annual result came in at 24.47%, down 224.0% from the prior year.
- EBT Margin improved to 29.39% in Q2 2026 per MSEX's latest filing, from 24.41% in the prior quarter.
- Over five years, EBT Margin peaked at 34.34% in Q1 2022 and troughed at 14.67% in Q4 2023.
- A 5-year average of 24.82% and a median of 24.38% in 2026 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2022 and 2023: EBT Margin jumped 1610 bps in 2022, then slumped 1702 bps in 2023.
- Over 5 years, EBT Margin stood at 18.85% in 2022, then fell by 22 bps to 14.67% in 2023, then soared by 35 bps to 19.76% in 2024, then advanced by 2 bps to 20.06% in 2025, then soared by 46 bps to 29.39% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 29.39%, 24.41%, and 20.06% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.40 Bn | 26.21 Bn | - | 29.89% |
| 2 | Essential Utilities | 11.27 Bn | 11.26 Bn | - | 20.55% |
| 3 | American States Water | 3.35 Bn | 3.33 Bn | 278.03 Mn | 12.00% |
| 4 | California Water Service | 3.00 Bn | 2.91 Bn | 263.45 Mn | 16.57% |
| 5 | H2O America | 2.58 Bn | 2.47 Bn | 197.11 Mn | 14.52% |
| 6 | Middlesex Water | 1.09 Bn | 1.08 Bn | - | 29.39% |
| 7 | Consolidated Water | 513.20 Mn | 386.87 Mn | 10.92 Mn | 13.94% |
| 8 | York Water | 512.24 Mn | 511.69 Mn | - | 33.09% |
| 9 | Artesian Resources | 360.98 Mn | 356.72 Mn | 26.56 Mn | 14.57% |
| 10 | Pure Cycle | 273.58 Mn | 265.14 Mn | 4.29 Mn | 47.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.39% |
| 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 | 14.67% |
| Sep 30, 2023 | 22.98% |
| Jun 30, 2023 | 22.36% |
| Mar 31, 2023 | 17.33% |
| Dec 31, 2022 | 18.85% |
| Sep 30, 2022 | 34.09% |
| Jun 30, 2022 | 24.37% |
| Mar 31, 2022 | 34.37% |
| Dec 31, 2021 | 15.89% |
| Sep 30, 2021 | 26.13% |