Middlesex Water (MSEX) Net Income (2010 - 2026)
Middlesex Water (MSEX) posted Net Income of $14.8 million for Q2 2026, up 39.29% sequentially from $10.6 million in Q1 2026, and up 37.06% YoY from $10.8 million in Q2 2025.
Middlesex Water (MSEX) Net Income (2010 - 2026) Analysis & Trends
Middlesex Water has reported Net Income for 17 years, with the latest figure at $14.8 million in Q2 2026.
- Quarterly Net Income rose 37.06% year-over-year to $14.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $47.9 million (up 10.51% YoY) and the FY2025 annual result came in at $42.8 million, down 3.45% from the prior year.
- Net Income climbed to $14.8 million in Q2 2026 per MSEX's latest filing, from $10.6 million in the prior quarter.
- Over five years, Net Income peaked at $14.8 million in Q2 2026 and troughed at $821000.0 in Q4 2022.
- A 5-year average of $10.0 million and a median of $10.3 million in 2023 frame the typical range for Net Income.
- The sharpest annual moves came in 2022 and 2023: Net Income sank 91.79% in 2022, then surged 602.19% in 2023.
- Over 5 years, Net Income stood at $821000.0 in 2022, then soared by 602.19% to $5.8 million in 2023, then soared by 52.71% to $8.8 million in 2024, then declined by 2.26% to $8.6 million in 2025, then soared by 71.67% to $14.8 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered $14.8 million, $10.6 million, and $8.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.61 Bn | 26.42 Bn | - | 315.00 Mn |
| 2 | Essential Utilities | 11.34 Bn | 11.33 Bn | - | 105.73 Mn |
| 3 | American States Water | 3.38 Bn | 3.36 Bn | 278.03 Mn | 28.74 Mn |
| 4 | California Water Service | 3.02 Bn | 2.93 Bn | 263.45 Mn | 35.55 Mn |
| 5 | H2O America | 2.60 Bn | 2.50 Bn | 197.11 Mn | 26.57 Mn |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 14.77 Mn |
| 7 | York Water | 516.21 Mn | 515.66 Mn | - | 7.62 Mn |
| 8 | Consolidated Water | 515.12 Mn | 388.79 Mn | 10.92 Mn | -43,042.00 |
| 9 | Artesian Resources | 361.13 Mn | 356.88 Mn | 26.56 Mn | 1.99 Mn |
| 10 | Pure Cycle | 274.79 Mn | 266.35 Mn | 4.29 Mn | 2.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 14.77 Mn |
| Mar 31, 2026 | 10.61 Mn |
| Dec 31, 2025 | 8.61 Mn |
| Sep 30, 2025 | 13.96 Mn |
| Jun 30, 2025 | 10.78 Mn |
| Mar 31, 2025 | 9.48 Mn |
| Dec 31, 2024 | 8.80 Mn |
| Sep 30, 2024 | 14.32 Mn |
| Jun 30, 2024 | 10.55 Mn |
| Mar 31, 2024 | 10.68 Mn |
| Dec 31, 2023 | 5.77 Mn |
| Sep 30, 2023 | 9.99 Mn |
| Jun 30, 2023 | 9.90 Mn |
| Mar 31, 2023 | 5.87 Mn |
| Dec 31, 2022 | 9.12 Mn |
| Sep 30, 2022 | 14.29 Mn |
| Jun 30, 2022 | 8.87 Mn |
| Mar 31, 2022 | 12.10 Mn |
| Dec 31, 2021 | 10.00 Mn |
| Sep 30, 2021 | 11.48 Mn |