Middlesex Water (MSEX) Net Margin (2010 - 2026)
Middlesex Water (MSEX) reported Net Margin of 26.18% for Q2 2026, up 4.37 percentage points from 21.81% a year earlier and up 4.45 percentage points from the prior quarter.
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Analysis
Middlesex Water (MSEX) Net Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Middlesex Water's Net Margin came in at 23.22%, up 1.12 percentage points year-over-year; for FY2025, it was 21.96%, down 1.10 percentage points from FY2024.
- Net Margin has a five-year change of -5.14 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 23.06% in FY2024 (+4.17 pp), 18.89% in FY2023 (-7.16 pp), 26.05% in FY2022 (+0.55 pp) and 25.49% in FY2021 (-1.61 pp).
- The Q2 2026 figure ranks as the highest quarterly Net Margin since Q1 2024.
- Year over year, Net Margin gained in five of the last eight quarters, with an average year-over-year change of +1.01 percentage points.
- The high point for year-over-year Net Margin in five years was Q1 2022 (a gain of 12.16 percentage points); the low point was Q1 2023 (a drop of 18.05 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 21.73% (Q1 2026), 18.28% (Q4 2025) and 25.77% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 285.66 Bn | 285.66 Bn | 890.00 Mn | 11.99% |
| 2 | Nextera Energy | 159.27 Bn | 160.17 Bn | - | 41.73% |
| 3 | Southern | 96.02 Bn | 87.08 Bn | 5.92 Bn | 16.83% |
| 4 | Duke Energy | 88.50 Bn | 87.10 Bn | 6.74 Bn | 16.74% |
| 5 | National Grid | 78.31 Bn | 59.83 Bn | - | - |
| 6 | American Electric Power | 65.19 Bn | 63.57 Bn | 3.84 Bn | 7.77% |
| 7 | Dominion Energy | 53.46 Bn | 56.14 Bn | - | 7.59% |
| 8 | Sempra | 51.03 Bn | 50.16 Bn | 2.89 Bn | 26.56% |
| 9 | Entergy | 46.86 Bn | 36.05 Bn | - | 13.70% |
| 10 | Middlesex Water | 987.94 Mn | 977.91 Mn | - | 26.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.18% |
| Mar 31, 2026 | 21.73% |
| Dec 31, 2025 | 18.28% |
| Sep 30, 2025 | 25.77% |
| Jun 30, 2025 | 21.81% |
| Mar 31, 2025 | 21.35% |
| Dec 31, 2024 | 18.64% |
| Sep 30, 2024 | 25.93% |
| Jun 30, 2024 | 21.40% |
| Mar 31, 2024 | 26.29% |
| Dec 31, 2023 | 14.86% |
| Sep 30, 2023 | 21.32% |
| Jun 30, 2023 | 23.06% |
| Mar 31, 2023 | 15.30% |
| Dec 31, 2022 | 18.39% |
| Sep 30, 2022 | 29.88% |
| Jun 30, 2022 | 22.27% |
| Mar 31, 2022 | 33.35% |
| Dec 31, 2021 | 21.23% |
| Sep 30, 2021 | 28.75% |
API Access
Middlesex Water Net Margin 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-margin&ticker=MSEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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-margin&ticker=MSEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();