Middlesex Water (MSEX) Net Income (2010 - 2026)
Middlesex Water's Net Income was $14.77 million in Q2 2026, up 37.1% from $10.78 million a year earlier and up 39.3% from the prior quarter.
Middlesex Water (MSEX) Net Income (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Middlesex Water's Net Income was $47.94 million through Jun 30, 2026, up 10.5% year-over-year; for FY2025, it came in at $42.82 million, down 3.4% from FY2024.
- Net Income shows a five-year compound annual growth rate of 2.2% (FY2020 to FY2025).
- In earlier years, Net Income was $44.35 million in FY2024 (+40.7%), $31.52 million in FY2023 (-25.7%), $42.43 million in FY2022 (+16.1%) and $36.54 million in FY2021 (-4.9%).
- The Q2 2026 figure marks the highest quarterly Net Income in data going back to Q2 2010.
- Compared with a year earlier, Net Income was higher in five of the last eight quarters, with growth averaging 16.4%.
- The best year-over-year quarter for Net Income over five years was Q1 2024 (growth of 82.0%); the worst was Q1 2023 (a decline of 51.5%).
- Per Business Quant data, MSEX's Net Income in the three quarters before Q2 2026 was $10.61 million (Q1 2026), $8.61 million (Q4 2025) and $13.96 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 287.73 Bn | 287.73 Bn | 890.00 Mn | 293.00 Mn |
| 2 | Nextera Energy | 160.25 Bn | 161.15 Bn | - | 2.62 Bn |
| 3 | Southern | 96.31 Bn | 87.36 Bn | 5.92 Bn | 1.19 Bn |
| 4 | Duke Energy | 88.79 Bn | 87.40 Bn | 6.74 Bn | 1.58 Bn |
| 5 | National Grid | 79.16 Bn | 60.69 Bn | - | - |
| 6 | American Electric Power | 65.09 Bn | 63.47 Bn | 3.84 Bn | 718.00 Mn |
| 7 | Dominion Energy | 53.95 Bn | 56.63 Bn | - | 340.00 Mn |
| 8 | Sempra | 51.22 Bn | 50.35 Bn | 2.89 Bn | 942.00 Mn |
| 9 | Entergy | 47.09 Bn | 36.28 Bn | - | 487.82 Mn |
| 10 | Middlesex Water | 1.01 Bn | 999.21 Mn | - | 14.77 Mn |
Historic 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 | 7.17 Mn |
| Sep 30, 2022 | 14.29 Mn |
| Jun 30, 2022 | 8.87 Mn |
| Mar 31, 2022 | 12.10 Mn |
| Dec 31, 2021 | 7.24 Mn |
| Sep 30, 2021 | 11.48 Mn |
Middlesex Water Net Income 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=net-income&ticker=MSEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=MSEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();