Companies

ARTESIAN RESOURCES CORP

ARTNA, ARTNB · CIK 0000863110 · operating

$33.88-0.50%Last updated Feb 28, 12:45 AM

Key Statistics

Valuation

Market Cap$350.24M
P/E15.54
Fwd P/E16.21
PEG
P/S3.13
P/B1.40
EV/EBITDA10.70
EV/Rev4.71

Profitability

Gross Margin
Op. Margin24.22%
Net Margin18.89%
ROE8.53%
ROA2.55%
FCF Margin-8.45%

Financial Health

Current Ratio0.96
Debt/Equity
Free Cash Flow-$9.12M
Div. Yield3.67%

Growth & Other

Revenue Growth9.20%
EPS Growth18.56%
Beta0.36
52W High$36.19
52W Low$30.5

About ARTESIAN RESOURCES CORP

Artesian Resources Corporation is a regulated water utility that provides water distribution, wastewater services, and related infrastructure across Delaware, Maryland, and Pennsylvania. The company supplies water to residential, commercial, industrial, governmental, and municipal customers, as well as public and private fire protection services. It operates approximately 1,491 miles of transmission and distribution mains across its service territory.

The company's primary revenue streams include water distribution and sales, wastewater collection and treatment services, and contract water and wastewater services provided to other utilities. Artesian also offers ancillary services such as water and sewer line protection plans, storm water management system design and installation, and engineering and construction services. The company owns and operates real estate including treatment plants, wastewater facilities, and office properties.

Artesian Resources operates with 245 full-time employees and maintains a market capitalization of approximately $400 million. The company was founded in 1905 and remains headquartered in Newark, Delaware, where it operates as a publicly traded utility regulated by state regulatory commissions in its service states.

Earnings Per Share (Annual · SEC XBRL)

Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.

Fiscal YearEPS DilutedEPS BasicYoY
2024$1.98$1.98+18.6%
2023$1.67$1.67-12.1%
2022$1.90$1.90+6.1%
2021$1.79$1.79+442.4%
2020$0.33$0.33+0.0%
2019$0.33$0.33+3.1%
2018$0.32$0.32-20.0%
2017$0.40$0.40+33.3%
2016$0.30$0.30+42.9%
2015$0.21$0.21-12.5%
2014$0.24$0.24+41.2%
2013$0.17$0.18-15.0%
2012$0.20$0.20-75.9%
2011$0.83$0.83

Annual Reports (10-K) · 21 filings

Report DateFiledAccession Number
2024-12-312025-03-260000863110-25-000020SEC ↗
2023-12-312024-03-180000863110-24-000011SEC ↗
2022-12-312023-03-100000863110-23-000004SEC ↗
2021-12-312022-03-110000863110-22-000017SEC ↗
2020-12-312021-03-120000863110-21-000005SEC ↗
2019-12-312020-03-130000863110-20-000009SEC ↗
2018-12-312019-03-150000863110-19-000004SEC ↗
2017-12-312018-03-150000863110-18-000005SEC ↗
2016-12-312017-03-100000863110-17-000005SEC ↗
2015-12-312016-03-110000863110-16-000040SEC ↗
2014-12-312015-03-130000863110-15-000002SEC ↗
2013-12-312014-03-140000863110-14-000004SEC ↗
2012-12-312013-03-140000863110-13-000005SEC ↗
2011-12-312012-03-150000863110-12-000009SEC ↗
2010-12-312011-03-150000863110-11-000008SEC ↗
2009-12-312010-03-110000863110-10-000007SEC ↗
2008-12-312009-03-120000863110-09-000003SEC ↗
2007-12-312008-03-120000863110-08-000006SEC ↗
2006-12-312007-03-160000893220-07-000762SEC ↗
2005-12-312006-03-170000950116-06-000824SEC ↗
2004-12-312005-03-310000950116-05-001220SEC ↗