Middlesex Water (MSEX) Tax Provisions (2010 - 2026)
Middlesex Water (MSEX) posted Tax Provisions of $1.8 million for Q2 2026, up 39.22% sequentially from $1.3 million in Q1 2026, and up 26.97% YoY from $1.4 million in Q2 2025.
Middlesex Water (MSEX) Tax Provisions (2010 - 2026) Analysis & Trends
Middlesex Water has reported Tax Provisions for 17 years, with the latest figure at $1.8 million in Q2 2026.
- Quarterly Tax Provisions rose 26.97% year-over-year to $1.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $5.3 million (up 10.64% YoY) and the FY2025 annual result came in at $4.8 million, down 30.18% from the prior year.
- Tax Provisions grew to $1.8 million in Q2 2026 per MSEX's latest filing, from $1.3 million in the prior quarter.
- Over five years, Tax Provisions peaked at $6.5 million in Q4 2022 and troughed at -$341000.0 in Q2 2023.
- A 5-year average of $1.4 million and a median of $1.2 million in 2024 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions tumbled 142.89% in 2023, then surged 1092.38% in 2024.
- Over 5 years, Tax Provisions stood at $6.5 million in 2022, then tumbled by 101.57% to -$102000.0 in 2023, then surged by 593.14% to $503000.0 in 2024, then jumped by 63.02% to $820000.0 in 2025, then surged by 118.17% to $1.8 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $1.8 million, $1.3 million, and $820000.0 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.18 Bn | 25.98 Bn | - | 90.00 Mn |
| 2 | Essential Utilities | 11.16 Bn | 11.15 Bn | - | 3.39 Mn |
| 3 | American States Water | 3.34 Bn | 3.32 Bn | 278.03 Mn | 7.73 Mn |
| 4 | California Water Service | 2.98 Bn | 2.89 Bn | 263.45 Mn | 15.59 Mn |
| 5 | H2O America | 2.57 Bn | 2.47 Bn | 197.11 Mn | 4.00 Mn |
| 6 | Middlesex Water | 1.09 Bn | 1.08 Bn | - | 1.79 Mn |
| 7 | York Water | 512.72 Mn | 512.16 Mn | - | 166,000.00 |
| 8 | Consolidated Water | 509.20 Mn | 382.87 Mn | 10.92 Mn | 202,700.00 |
| 9 | Artesian Resources | 358.76 Mn | 354.50 Mn | 26.56 Mn | 2.06 Mn |
| 10 | Pure Cycle | 272.13 Mn | 263.69 Mn | 4.29 Mn | 955,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.79 Mn |
| Mar 31, 2026 | 1.29 Mn |
| Dec 31, 2025 | 820,000.00 |
| Sep 30, 2025 | 1.43 Mn |
| Jun 30, 2025 | 1.41 Mn |
| Mar 31, 2025 | 1.16 Mn |
| Dec 31, 2024 | 503,000.00 |
| Sep 30, 2024 | 1.74 Mn |
| Jun 30, 2024 | 3.38 Mn |
| Mar 31, 2024 | 1.28 Mn |
| Dec 31, 2023 | -102,000.00 |
| Sep 30, 2023 | 746,000.00 |
| Jun 30, 2023 | -341,000.00 |
| Mar 31, 2023 | 738,000.00 |
| Dec 31, 2022 | -1.80 Mn |
| Sep 30, 2022 | 1.97 Mn |
| Jun 30, 2022 | 795,000.00 |
| Mar 31, 2022 | 329,000.00 |
| Dec 31, 2021 | -4.59 Mn |
| Sep 30, 2021 | -1.07 Mn |