Middlesex Water (MSEX) Interest Coverage Ratio (2010 - 2026)
Middlesex Water's (MSEX) Interest Coverage Ratio stood at 4.54 in Q2 2026, up 18.2% from 3.84 a year earlier and up 11.3% from the prior quarter.
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Analysis
Middlesex Water (MSEX) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
On a TTM basis, Middlesex Water's Interest Coverage Ratio came in at 3.97 as of Jun 30, 2026, down 3.3% year-over-year; for FY2025, it was 3.80, up 0.2% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 3.79 in FY2024 (+27.1%), 2.98 in FY2023 (-40.9%), 5.05 in FY2022 (+23.5%) and 4.09 in FY2021 (-18.0%).
- The Q2 2026 figure is the highest quarterly Interest Coverage Ratio since Q3 2024.
- On a year-over-year basis, Interest Coverage Ratio rose in five of the last eight quarters, with growth averaging 14.9%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 108.8% in Q1 2022, against a decline of 57.4% in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.08 (Q1 2026), 2.98 (Q4 2025) and 4.22 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | 5.19 |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | - |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 0.59 |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 1.59 |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 1.89 |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 2.20 |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 2.08 |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 9.67 |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 3.25 |
| 10 | Middlesex Water | 998.11 Mn | 988.09 Mn | - | 4.54 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.54 |
| 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 |
API Access
Middlesex Water Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MSEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "MSEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=MSEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();