Middlesex Water (MSEX) Retained Earnings (2010 - 2026)
Middlesex Water's Retained Earnings was $226.85 million in Q2 2026, up 10.6% from $205.1 million a year earlier and up 3.7% from the prior quarter.
Middlesex Water (MSEX) Retained Earnings (2010 - 2026) Analysis & Trends
At the end of FY2025, Retained Earnings at Middlesex Water came in at $214.88 million, up 9.0% from FY2024.
- Retained Earnings has now increased for 15 consecutive years, with a five-year compound annual growth rate of 10.8% (FY2020 to FY2025).
- In earlier years, Retained Earnings was $197.06 million in FY2024 (+11.8%), $176.23 million in FY2023 (+5.4%), $167.27 million in FY2022 (+14.7%) and $145.81 million in FY2021 (+13.2%).
- The Q2 2026 figure marks the highest quarterly Retained Earnings in data going back to Q4 2010.
- Compared with a year earlier, Retained Earnings has increased for 57 straight quarters, with growth averaging 10.2% over the last eight quarters.
- The year-over-year growth in Retained Earnings has ranged between 5.4% (Q4 2023) and 16.7% (Q1 2022) over the last five years.
- Per Business Quant data, MSEX's Retained Earnings in the three quarters before Q2 2026 was $218.8 million (Q1 2026), $214.88 million (Q4 2025) and $212.91 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 292.57 Bn | 292.57 Bn | 890.00 Mn | - |
| 2 | National Grid | 78.85 Bn | 60.37 Bn | - | 56.50 Bn |
| 3 | Dominion Energy | 53.27 Bn | 55.95 Bn | - | 2.08 Bn |
| 4 | Xcel Energy | 44.01 Bn | 38.91 Bn | - | 9.61 Bn |
| 5 | Wec Energy | 32.84 Bn | 33.08 Bn | 1.51 Bn | 8.98 Bn |
| 6 | Ameren | 27.51 Bn | 27.59 Bn | - | 5.55 Bn |
| 7 | Fortis | 26.81 Bn | 27.29 Bn | 1.60 Bn | 4.01 Bn |
| 8 | Atmos Energy | 26.44 Bn | 25.21 Bn | 870.85 Mn | 5.59 Bn |
| 9 | American Water Works Company | 25.73 Bn | 25.14 Bn | - | 2.91 Bn |
| 10 | Middlesex Water | 998.11 Mn | 988.09 Mn | - | 226.85 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 226.85 Mn |
| Mar 31, 2026 | 218.80 Mn |
| Dec 31, 2025 | 214.88 Mn |
| Sep 30, 2025 | 212.91 Mn |
| Jun 30, 2025 | 205.10 Mn |
| Mar 31, 2025 | 200.44 Mn |
| Dec 31, 2024 | 197.06 Mn |
| Sep 30, 2024 | 194.36 Mn |
| Jun 30, 2024 | 185.86 Mn |
| Mar 31, 2024 | 181.14 Mn |
| Dec 31, 2023 | 176.23 Mn |
| Sep 30, 2023 | 176.33 Mn |
| Jun 30, 2023 | 171.93 Mn |
| Mar 31, 2023 | 167.60 Mn |
| Dec 31, 2022 | 167.27 Mn |
| Sep 30, 2022 | 165.65 Mn |
| Jun 30, 2022 | 156.53 Mn |
| Mar 31, 2022 | 152.79 Mn |
| Dec 31, 2021 | 145.81 Mn |
| Sep 30, 2021 | 143.68 Mn |
Middlesex Water Retained Earnings 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=retained-earnings&ticker=MSEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "retained-earnings", "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=retained-earnings&ticker=MSEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();