Middlesex Water (MSEX) Interest Expenses (2010 - 2026)
Middlesex Water (MSEX) posted Interest Expenses of $4.0 million for Q2 2026, up 24.95% sequentially from $3.2 million in Q1 2026, and up 2.97% YoY from $3.9 million in Q2 2025.
Analysis
Middlesex Water (MSEX) Interest Expenses (2010 - 2026) Analysis & Trends
Middlesex Water has reported Interest Expenses for 17 years, with the latest figure at $4.0 million in Q2 2026.
- Quarterly Interest Expenses rose 2.97% year-over-year to $4.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $14.7 million (up 275.77% YoY) and the FY2025 annual result came in at $14.3 million, down 1.31% from the prior year.
- Interest Expenses advanced to $4.0 million in Q2 2026 per MSEX's latest filing, from $3.2 million in the prior quarter.
- Over five years, Interest Expenses peaked at $64.0 million in Q2 2022 and troughed at $2.6 million in Q4 2022.
- A 5-year average of $7.5 million and a median of $4.0 million in 2025 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses soared 2973.97% in 2022, then slumped 95.48% in 2023.
- Over 5 years, Interest Expenses stood at $2.6 million in 2022, then soared by 38.07% to $3.6 million in 2023, then dropped by 7.09% to $3.3 million in 2024, then retreated by 2.33% to $3.2 million in 2025, then climbed by 24.53% to $4.0 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $4.0 million, $3.2 million, and $3.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 27.60 Bn | 27.41 Bn | 874.00 Mn | 167.00 Mn |
| 2 | Essential Utilities | 11.88 Bn | 11.87 Bn | 377.22 Mn | 89.11 Mn |
| 3 | American States Water | 3.53 Bn | 3.51 Bn | 169.26 Mn | 12.17 Mn |
| 4 | California Water Service | 3.05 Bn | 2.96 Bn | 263.45 Mn | 20.81 Mn |
| 5 | H2O America | 2.70 Bn | 2.60 Bn | 197.11 Mn | 17.95 Mn |
| 6 | Middlesex Water | 1.10 Bn | 1.09 Bn | 30.96 Mn | 4.02 Mn |
| 7 | York Water | 545.28 Mn | 544.73 Mn | 17.56 Mn | 2.28 Mn |
| 8 | Consolidated Water | 463.37 Mn | 330.74 Mn | 10.96 Mn | 479.00 |
| 9 | Artesian Resources | 375.21 Mn | 365.41 Mn | 29.37 Mn | 2.34 Mn |
| 10 | Cadiz | 336.17 Mn | 330.85 Mn | -24,000.00 | 2.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.02 Mn |
| Mar 31, 2026 | 3.21 Mn |
| Dec 31, 2025 | 3.76 Mn |
| Sep 30, 2025 | 4.20 Mn |
| Jun 30, 2025 | 3.62 Mn |
| Mar 31, 2025 | 2.71 Mn |
| Dec 31, 2024 | 3.30 Mn |
| Sep 30, 2024 | 3.41 Mn |
| Jun 30, 2024 | 4.04 Mn |
| Mar 31, 2024 | 3.27 Mn |
| Dec 31, 2023 | 3.78 Mn |
| Sep 30, 2023 | 3.52 Mn |
| Jun 30, 2023 | 3.25 Mn |
| Mar 31, 2023 | 2.60 Mn |
| Dec 31, 2022 | 2.79 Mn |
| Sep 30, 2022 | 2.36 Mn |
| Jun 30, 2022 | 2.37 Mn |
| Mar 31, 2022 | 1.85 Mn |
| Dec 31, 2021 | 2.20 Mn |
| Sep 30, 2021 | 2.10 Mn |