Middlesex Water (MSEX) Tax Rate (2010 - 2026)
Middlesex Water's Tax Rate was 10.80% in Q2 2026, down 0.76 percentage points from 11.56% a year earlier and unchanged from the prior quarter.
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Analysis
Middlesex Water (MSEX) Tax Rate (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Middlesex Water's Tax Rate was 10.00% through Jun 30, 2026, up 0.01 percentage points year-over-year; for FY2025, it came in at 10.12%, down 3.35 percentage points from FY2024.
- Tax Rate shows a five-year change of +22.13 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 13.47% in FY2024 (+10.27 pp), 3.20% in FY2023 (-3.90 pp), 7.09% in FY2022 (+24.77 pp) and -17.67% in FY2021 (-5.67 pp).
- Quarterly Tax Rate has moved between -33.84% (Q4 2021) and 24.29% (Q2 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in four of the last eight quarters, with an average year-over-year change of -0.07 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2022 (a gain of 35.86 percentage points); the worst was Q2 2025 (a drop of 12.73 percentage points).
- Per Business Quant data, MSEX's Tax Rate in the three quarters before Q2 2026 was 10.81% (Q1 2026), 8.70% (Q4 2025) and 9.30% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 285.66 Bn | 285.66 Bn | 890.00 Mn | - |
| 2 | Nextera Energy | 159.27 Bn | 160.17 Bn | - | - |
| 3 | Southern | 96.02 Bn | 87.08 Bn | 5.92 Bn | 13.60% |
| 4 | Duke Energy | 88.50 Bn | 87.10 Bn | 6.74 Bn | 17.55% |
| 5 | National Grid | 78.31 Bn | 59.83 Bn | - | - |
| 6 | American Electric Power | 65.19 Bn | 63.57 Bn | 3.84 Bn | 6.75% |
| 7 | Dominion Energy | 53.46 Bn | 56.14 Bn | - | 16.49% |
| 8 | Sempra | 51.03 Bn | 50.16 Bn | 2.89 Bn | 22.09% |
| 9 | Entergy | 46.86 Bn | 36.05 Bn | - | 21.26% |
| 10 | Middlesex Water | 987.94 Mn | 977.91 Mn | - | 10.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.80% |
| Mar 31, 2026 | 10.81% |
| Dec 31, 2025 | 8.70% |
| Sep 30, 2025 | 9.30% |
| Jun 30, 2025 | 11.56% |
| Mar 31, 2025 | 10.92% |
| Dec 31, 2024 | 5.40% |
| Sep 30, 2024 | 10.83% |
| Jun 30, 2024 | 24.29% |
| Mar 31, 2024 | 10.69% |
| Sep 30, 2023 | 6.95% |
| Mar 31, 2023 | 11.17% |
| Dec 31, 2022 | 2.02% |
| Sep 30, 2022 | 12.10% |
| Jun 30, 2022 | 8.23% |
| Mar 31, 2022 | 2.65% |
| Jun 30, 2018 | 8.08% |
| Mar 31, 2018 | 20.82% |
| Dec 31, 2017 | 25.57% |
| Sep 30, 2017 | 33.72% |
API Access
Middlesex Water Tax Rate 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=tax-rate&ticker=MSEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=MSEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();