Middlesex Water (MSEX) Return on Capital Employed (2011 - 2026)
Middlesex Water (MSEX) posted Return on Capital Employed of 4.63% for Q2 2026, up 4.09% sequentially from 4.45% in Q1 2026, and up 8.0% YoY from 4.29% in Q2 2025.
Middlesex Water (MSEX) Return on Capital Employed (2011 - 2026) Analysis & Trends
Middlesex Water has reported Return on Capital Employed for 16 years, with the latest figure at 4.63% in Q2 2026.
- Quarterly Return on Capital Employed rose 8.0% year-over-year to 4.63% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 4.63% (up 8.0% YoY) and the FY2025 annual result came in at 4.47%, down 11.0% from the prior year.
- Return on Capital Employed grew to 4.63% in Q2 2026 per MSEX's latest filing, from 4.45% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 4.97% in Q4 2022 and troughed at 3.45% in Q4 2023.
- A 5-year average of 4.3% and a median of 4.33% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed jumped 154 bps in 2022, then plunged 152 bps in 2023.
- Over 5 years, Return on Capital Employed stood at 4.97% in 2022, then sank by 31 bps to 3.45% in 2023, then surged by 33 bps to 4.59% in 2024, then fell by 6 bps to 4.32% in 2025, then rose by 7 bps to 4.63% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 4.63%, 4.45%, and 4.32% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.62 Bn | 26.43 Bn | - | 5.99% |
| 2 | Essential Utilities | 11.34 Bn | 11.33 Bn | - | 4.68% |
| 3 | American States Water | 3.37 Bn | 3.35 Bn | 278.03 Mn | 8.10% |
| 4 | California Water Service | 3.02 Bn | 2.93 Bn | 263.45 Mn | 3.50% |
| 5 | H2O America | 2.61 Bn | 2.50 Bn | 197.11 Mn | 3.41% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | 4.63% |
| 7 | York Water | 517.01 Mn | 516.45 Mn | - | 4.50% |
| 8 | Consolidated Water | 515.68 Mn | 389.35 Mn | 10.92 Mn | 7.47% |
| 9 | Artesian Resources | 361.44 Mn | 357.18 Mn | 26.56 Mn | 3.42% |
| 10 | Pure Cycle | 275.03 Mn | 266.59 Mn | 4.29 Mn | 7.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.63% |
| Mar 31, 2026 | 4.45% |
| Dec 31, 2025 | 4.32% |
| Sep 30, 2025 | 4.44% |
| Jun 30, 2025 | 4.55% |
| Mar 31, 2025 | 4.71% |
| Dec 31, 2024 | 4.59% |
| Sep 30, 2024 | 4.34% |
| Jun 30, 2024 | 4.10% |
| Mar 31, 2024 | 3.69% |
| Dec 31, 2023 | 3.45% |
| Sep 30, 2023 | 3.68% |
| Jun 30, 2023 | 4.18% |
| Mar 31, 2023 | 4.27% |
| Dec 31, 2022 | 4.97% |
| Sep 30, 2022 | 4.75% |
| Jun 30, 2022 | 4.13% |
| Mar 31, 2022 | 4.06% |
| Dec 31, 2021 | 3.43% |
| Sep 30, 2021 | 3.79% |