Filing Flows › Middlesex Water (MSEX) › Operating margin
Middlesex Water (MSEX) operating margin by quarter
Middlesex Water's operating margin was 37.0% in Q3 2026 (third quarter 2026), +4.6 pts from Q2 2026. Over the last 7 quarters it ranged from 23.9% (Q4 2025) to 37.0% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 37.0% | +4.6 pts | +4.3 pts |
| Q2 2026 | 32.3% | +5.4 pts | +4.1 pts |
| Q1 2026 | 26.9% | +3.0 pts | +0.8 pts |
| Q4 2025 | 23.9% | -8.9 pts | — |
| Q3 2025 | 32.7% | +4.5 pts | — |
| Q2 2025 | 28.2% | +2.1 pts | — |
| Q1 2025 | 26.1% | — | — |
Q3 2026 at a glance
Middlesex Water, Q3 2026: revenue $60.2M (+11% year over year), operating margin 37.0%, net earnings $18.0M, operating cash flow $22.9M. The chart follows the revenue to costs, profit and cash.
Questions
What is Middlesex Water's operating margin?
Middlesex Water's operating margin was 37.0% in Q3 2026 (third quarter 2026), +4.6 pts from Q2 2026.
How has Middlesex Water's operating margin changed?
Over the last 7 quarters it ranged from 23.9% (Q4 2025) to 37.0% (Q3 2026).