Middlesex Water (MSEX) Interest Coverage Ratio (2010 - 2026)
Middlesex Water recorded quarterly Interest Coverage Ratio of 4.08 in Q1 2026, up 36.79% quarter-over-quarter from 2.98 in Q4 2025, and down 4.3% year-over-year from 4.26 in Q1 2025.
Middlesex Water's Interest Coverage Ratio history runs 17 years deep, the most recent figure standing at 4.08 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 4.3% year-over-year to 4.08; the TTM figure through Mar 2026 stood at 3.78 (down 7.3% YoY), while the FY2025 annual figure was 3.8, up 406.61% from the prior year.
- Interest Coverage Ratio came in at 4.08 for Q1 2026 at Middlesex Water, up from 2.98 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 7.04 in Q3 2022 to a low of 2.18 in Q4 2023.
- A 5-year average of 3.97 and a median of 3.79 in 2024 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio soared 108.82% in 2022 and slumped 57.36% in 2023, its largest moves.
- Middlesex Water's Interest Coverage Ratio stood at 2.92 in 2022, then slipped by 25.23% to 2.18 in 2023, then surged by 46.2% to 3.19 in 2024, then slipped by 6.54% to 2.98 in 2025, then jumped by 36.79% to 4.08 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 4.08, 2.98, and 4.22 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 24.16 Bn | 24.02 Bn | 714.00 Mn | 2.40 |
| 2 | Aris Mining | 20.33 Bn | 19.86 Bn | 233.28 Mn | 24.17 |
| 3 | Essential Utilities | 10.48 Bn | 10.40 Bn | 685.96 Mn | 3.56 |
| 4 | American States Water | 2.94 Bn | 2.93 Bn | 104.19 Mn | 4.14 |
| 5 | California Water Service | 2.58 Bn | 2.48 Bn | 183.34 Mn | 0.93 |
| 6 | H2O America | 2.18 Bn | 2.03 Bn | 171.30 Mn | 1.99 |
| 7 | Middlesex Water | 959.61 Mn | 957.57 Mn | 25.70 Mn | 4.08 |
| 8 | Consolidated Water | 465.28 Mn | 344.14 Mn | 10.92 Mn | 1,257.21 |
| 9 | York Water | 430.12 Mn | 430.12 Mn | 13.98 Mn | 2.34 |
| 10 | Artesian Resources | 332.86 Mn | 328.60 Mn | 26.56 Mn | 2.82 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.08 |
| Dec 31, 2025 | 2.98 |
| Sep 30, 2025 | 4.22 |
| Jun 30, 2025 | 3.84 |
| Mar 31, 2025 | 4.26 |
| Dec 31, 2024 | 3.19 |
| Sep 30, 2024 | 5.13 |
| Jun 30, 2024 | 3.79 |
| Mar 31, 2024 | 3.02 |
| Dec 31, 2023 | 2.18 |
| Sep 30, 2023 | 3.64 |
| Jun 30, 2023 | 3.28 |
| Mar 31, 2023 | 2.89 |
| Dec 31, 2022 | 2.92 |
| Sep 30, 2022 | 7.04 |
| Jun 30, 2022 | 4.26 |
| Mar 31, 2022 | 6.77 |
| Dec 31, 2021 | 2.88 |
| Sep 30, 2021 | 5.44 |
| Jun 30, 2021 | 4.74 |
| Mar 31, 2021 | 3.24 |
| Dec 31, 2020 | 4.22 |
| Sep 30, 2020 | 6.91 |
| Jun 30, 2020 | 4.82 |
| Mar 31, 2020 | 3.91 |
| Dec 31, 2019 | 3.32 |
| Sep 30, 2019 | 6.00 |
| Jun 30, 2019 | 5.01 |
| Mar 31, 2019 | 5.86 |
| Dec 31, 2018 | -12.56 |
| Sep 30, 2018 | 7.50 |
| Jun 30, 2018 | 5.18 |
| Mar 31, 2018 | 5.58 |
| Dec 31, 2017 | 5.36 |
| Sep 30, 2017 | 8.44 |
| Jun 30, 2017 | 6.37 |
| Mar 31, 2016 | 8.49 |
| Dec 31, 2015 | 5.66 |
| Sep 30, 2015 | 7.61 |
| Jun 30, 2015 | 6.17 |
| Mar 31, 2015 | 6.32 |
| Dec 31, 2014 | 5.47 |
| Sep 30, 2014 | 7.66 |
| Jun 30, 2014 | 5.77 |
| Mar 31, 2014 | 5.41 |
| Dec 31, 2013 | 4.24 |
| Sep 30, 2013 | 6.66 |
| Jun 30, 2013 | 5.31 |
| Mar 31, 2013 | 5.08 |
| Dec 31, 2012 | 3.20 |
| Sep 30, 2012 | 6.00 |
| Jun 30, 2012 | 4.05 |
| Mar 31, 2012 | 2.86 |
| Dec 31, 2011 | 2.39 |
| Sep 30, 2011 | 5.00 |
| Jun 30, 2011 | 3.93 |
| Mar 31, 2011 | 3.93 |
| Dec 31, 2010 | 3.00 |
| Sep 30, 2010 | 5.51 |
| Jun 30, 2010 | 4.19 |