Middlesex Water (MSEX) Tax Rate (2010 - 2026)
Middlesex Water recorded quarterly Tax Rate of 10.81% in Q1 2026, up 24.22% quarter-over-quarter from 8.7% in Q4 2025, and down 11.0% year-over-year from 12.14% in Q1 2025.
Middlesex Water's Tax Rate history runs 17 years deep, the most recent figure standing at 10.81% for Q1 2026.
- In Q1 2026, Tax Rate fell 11.0% year-over-year to 10.81%; the TTM figure through Mar 2026 stood at 10.11% (down 348.0% YoY), while the FY2025 annual figure was 10.12%, down 335.0% from the prior year.
- Tax Rate came in at 10.81% for Q1 2026 at Middlesex Water, up from 8.7% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 24.29% in Q2 2024 to a low of 36.44% in Q4 2022.
- A 5-year average of 5.99% and a median of 9.3% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 13121 bps in 2022 and surged 3464 bps in 2023, its largest moves.
- Middlesex Water's Tax Rate stood at 36.44% in 2022, then jumped by 95 bps to 1.8% in 2023, then surged by 400 bps to 5.4% in 2024, then surged by 61 bps to 8.7% in 2025, then advanced by 24 bps to 10.81% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 10.81%, 8.7%, and 9.3% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 24.16 Bn | 24.02 Bn | 714.00 Mn | 24.32 |
| 2 | Aris Mining | 20.33 Bn | 19.86 Bn | 233.28 Mn | - |
| 3 | Essential Utilities | 10.48 Bn | 10.40 Bn | 685.96 Mn | 2.77 |
| 4 | American States Water | 2.94 Bn | 2.93 Bn | 104.19 Mn | 21.20 |
| 5 | California Water Service | 2.58 Bn | 2.48 Bn | 183.34 Mn | -95.60 |
| 6 | H2O America | 2.18 Bn | 2.03 Bn | 171.30 Mn | 15.17 |
| 7 | Middlesex Water | 959.61 Mn | 957.57 Mn | 25.70 Mn | 10.81 |
| 8 | Consolidated Water | 465.28 Mn | 344.14 Mn | 10.92 Mn | 4.85 |
| 9 | York Water | 430.12 Mn | 430.12 Mn | 13.98 Mn | -21.29 |
| 10 | Artesian Resources | 332.86 Mn | 328.60 Mn | 26.56 Mn | 50.86 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.81 |
| Mar 31, 2026 | 10.81 |
| Dec 31, 2025 | 8.70 |
| Dec 31, 2025 | 8.70 |
| Sep 30, 2025 | 9.30 |
| Sep 30, 2025 | 9.30 |
| Jun 30, 2025 | 11.56 |
| Jun 30, 2025 | 11.56 |
| Mar 31, 2025 | 10.92 |
| Mar 31, 2025 | 10.92 |
| Dec 31, 2024 | 5.40 |
| Dec 31, 2024 | 5.40 |
| Sep 30, 2024 | 10.83 |
| Sep 30, 2024 | 10.83 |
| Jun 30, 2024 | 24.29 |
| Jun 30, 2024 | 24.29 |
| Mar 31, 2024 | 10.69 |
| Mar 31, 2024 | 10.69 |
| Dec 31, 2023 | -1.80 |
| Dec 31, 2023 | -1.80 |
| Sep 30, 2023 | 6.95 |
| Sep 30, 2023 | 6.95 |
| Jun 30, 2023 | -3.57 |
| Jun 30, 2023 | -3.57 |
| Mar 31, 2023 | 11.17 |
| Mar 31, 2023 | 11.17 |
| Dec 31, 2022 | -36.44 |
| Dec 31, 2022 | -36.44 |
| Sep 30, 2022 | 12.10 |
| Sep 30, 2022 | 12.10 |
| Jun 30, 2022 | 8.23 |
| Jun 30, 2022 | 8.23 |
| Mar 31, 2022 | 2.65 |
| Mar 31, 2022 | 2.65 |
| Dec 31, 2021 | 94.77 |
| Dec 31, 2021 | 94.77 |
| Sep 30, 2021 | -10.23 |
| Sep 30, 2021 | -10.23 |
| Jun 30, 2021 | -17.43 |
| Jun 30, 2021 | -17.43 |
| Mar 31, 2021 | -16.40 |
| Mar 31, 2021 | -16.40 |
| Dec 31, 2020 | 76.28 |
| Dec 31, 2020 | 76.28 |
| Sep 30, 2020 | -0.54 |
| Sep 30, 2020 | -0.54 |
| Jun 30, 2020 | -13.36 |
| Jun 30, 2020 | -13.36 |
| Mar 31, 2020 | -20.45 |
| Mar 31, 2020 | -20.45 |
| Dec 31, 2019 | -37.20 |
| Dec 31, 2019 | -37.20 |
| Sep 30, 2019 | -2.44 |
| Sep 30, 2019 | -2.44 |
| Jun 30, 2019 | -5.45 |
| Jun 30, 2019 | -5.45 |
| Mar 31, 2019 | -4.23 |
| Mar 31, 2019 | -4.23 |
| Dec 31, 2018 | -30.01 |
| Dec 31, 2018 | -30.01 |
| Sep 30, 2018 | -2.18 |
| Sep 30, 2018 | -2.18 |
| Jun 30, 2018 | 8.08 |
| Jun 30, 2018 | 8.08 |
| Mar 31, 2018 | 20.82 |
| Mar 31, 2018 | 20.82 |
| Dec 31, 2017 | -99.86 |
| Dec 31, 2017 | -99.86 |
| Sep 30, 2017 | 33.72 |
| Sep 30, 2017 | 33.72 |
| Jun 30, 2017 | 35.16 |
| Jun 30, 2017 | 35.16 |
| Mar 31, 2016 | 35.40 |
| Mar 31, 2016 | 35.40 |
| Dec 31, 2015 | 33.45 |
| Dec 31, 2015 | 33.45 |
| Sep 30, 2015 | 33.74 |
| Sep 30, 2015 | 33.74 |
| Jun 30, 2015 | 35.31 |
| Jun 30, 2015 | 35.31 |
| Mar 31, 2015 | 36.01 |
| Mar 31, 2015 | 36.01 |
| Dec 31, 2014 | -30.29 |
| Dec 31, 2014 | -30.29 |
| Sep 30, 2014 | 33.67 |
| Sep 30, 2014 | 33.67 |
| Jun 30, 2014 | 35.04 |
| Jun 30, 2014 | 35.04 |
| Mar 31, 2014 | 35.62 |
| Mar 31, 2014 | 35.62 |
| Dec 31, 2013 | 34.67 |
| Dec 31, 2013 | 34.67 |
| Sep 30, 2013 | 34.45 |
| Sep 30, 2013 | 34.45 |
| Mar 31, 2013 | 34.29 |
| Mar 31, 2013 | 34.29 |
| Dec 31, 2012 | -133.85 |
| Dec 31, 2012 | -133.85 |
| Sep 30, 2012 | 33.62 |
| Sep 30, 2012 | 33.62 |
| Jun 30, 2012 | 34.44 |
| Jun 30, 2012 | 34.44 |
| Mar 31, 2012 | 33.35 |
| Mar 31, 2012 | 33.35 |
| Dec 31, 2011 | 32.13 |
| Dec 31, 2011 | 32.13 |
| Sep 30, 2011 | 33.95 |
| Sep 30, 2011 | 33.95 |
| Jun 30, 2011 | 31.76 |
| Jun 30, 2011 | 31.76 |
| Mar 31, 2011 | 31.79 |
| Mar 31, 2011 | 31.79 |
| Dec 31, 2010 | 33.09 |
| Dec 31, 2010 | 33.09 |
| Sep 30, 2010 | 31.62 |
| Sep 30, 2010 | 31.62 |
| Jun 30, 2010 | 32.11 |
| Jun 30, 2010 | 32.11 |