Middlesex Water Co (MSEXP) Operating Expenses (2010 - 2026)
Middlesex Water (MSEXP) posted Operating Expenses of $38.1 million for Q2 2026, up 7.07% sequentially from $35.6 million in Q1 2026, and up 7.67% YoY from $35.4 million in Q2 2025.
Middlesex Water Co (MSEXP) Operating Expenses (2010 - 2026) Analysis & Trends
Middlesex Water has reported Operating Expenses for 17 years, with the latest figure at $38.1 million in Q2 2026.
- Quarterly Operating Expenses rose 7.67% year-over-year to $38.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $145.9 million (up 2.51% YoY) and the FY2025 annual result came in at $140.3 million, up 1.19% from the prior year.
- Operating Expenses improved to $38.1 million in Q2 2026 per MSEXP's latest filing, from $35.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $38.1 million in Q2 2026 and troughed at $28.9 million in Q1 2022.
- A 5-year average of $33.3 million and a median of $33.3 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses climbed 20.48% in 2024, then decreased 3.22% in 2025.
- Over 5 years, Operating Expenses stood at $30.7 million in 2022, then slipped by 1.03% to $30.4 million in 2023, then climbed by 20.48% to $36.6 million in 2024, then retreated by 2.2% to $35.8 million in 2025, then increased by 6.58% to $38.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $38.1 million, $35.6 million, and $35.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.13 Mn |
| Mar 31, 2026 | 35.61 Mn |
| Dec 31, 2025 | 35.77 Mn |
| Sep 30, 2025 | 36.39 Mn |
| Jun 30, 2025 | 35.41 Mn |
| Mar 31, 2025 | 32.74 Mn |
| Dec 31, 2024 | 36.58 Mn |
| Sep 30, 2024 | 37.60 Mn |
| Jun 30, 2024 | 33.83 Mn |
| Mar 31, 2024 | 30.66 Mn |
| Dec 31, 2023 | 30.36 Mn |
| Sep 30, 2023 | 33.89 Mn |
| Jun 30, 2023 | 32.13 Mn |
| Mar 31, 2023 | 30.67 Mn |
| Dec 31, 2022 | 30.68 Mn |
| Sep 30, 2022 | 31.16 Mn |
| Jun 30, 2022 | 29.60 Mn |
| Mar 31, 2022 | 28.91 Mn |
| Dec 31, 2021 | 27.69 Mn |
| Sep 30, 2021 | 28.45 Mn |