Artesian Resources Corporation

Artesian Resources Corporation

ARTNAยทNASDAQ

$32.43

+1.2%
UtilitiesRegulated Water

Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.

At a Glance

Live Snapshot
Market Cap$334.82M
EPS2.2100
P/E Ratio14.67
Earnings Date08/03/2026
3Y+14.0%
5Y+28.0%
10Y+43.0%
3Y+27.0%
5Y+36.0%
10Y+76.0%
3Y+66.0%
5Y+98.0%
10Y+35.0%
Artesian Resources Corporation

Artesian Resources Corporation Profit Bridge

ARTNA ยท NASDAQ
Revenue112.94M
Cost of Goods Sold (70.93M)
Gross Profit42.01M
Operating Expenses (6.40M)
Operating Income35.61M
Interest Expense (8.69M)
Other Income/Expense-4.96M
Pretax Income30.65M
Income Tax (7.83M)
Net Income22.82M
Net Income
22.82M

Profitability Analysis

Gross Margin

37.2%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

31.5%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

20.2%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

25.5%

Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Artesian Resources Corporation Income Statement

ARTNA โ€ข NASDAQ

Artesian Resources Corporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
112.9M
108M
98.9M
98.9M
90.9M
88.1M
83.6M
80.4M
82.2M
79.1M
77M
72.5M
69.1M
70.6M
65.1M
64.9M
60.9M
56.2M
52.5M
48.6M
GROSS PROFIT
(70.9M)
(54.5M)
(50.6M)
(50.6M)
(45.4M)
(43.6M)
(42.5M)
(41.2M)
(41.1M)
(38.3M)
(38.5M)
(37.1M)
(36.6M)
(36.2M)
(35.4M)
(34.7M)
(32.4M)
(0.0)
(0.0)
(2.4M)
42M
53.4M
48.2M
48.3M
45.5M
44.5M
41.1M
39.2M
41.2M
40.8M
38.6M
35.4M
32.4M
34.3M
29.6M
30.2M
28.5M
56.2M
52.5M
46.2M
OPERATING INCOME
(6.4M)
(27.3M)
(25.8M)
(24.4M)
(23.2M)
(22.2M)
(16M)
(15.3M)
(14.3M)
(13.7M)
(13.2M)
(13M)
(12.4M)
(11.9M)
(15.9M)
(15.9M)
(14.9M)
(39.9M)
(36.6M)
(32.9M)
35.6M
26.2M
22.4M
23.9M
22.3M
22.3M
19.9M
19M
19.6M
18.8M
17.6M
16M
14.5M
15.9M
13.7M
14.3M
13.6M
16.3M
15.9M
15.7M
PRE-TAX INCOME
(8.7M)
(8.8M)
(9.2M)
(8.5M)
(7.6M)
(7.6M)
(7M)
(6.3M)
(6.2M)
(6.6M)
(7M)
(7.4M)
(7.1M)
(7M)
(7.3M)
(7.3M)
(7.2M)
(6.6M)
(6.3M)
(6.3M)
-8.7M
-8.8M
-9.2M
-8.5M
-7.6M
-7.6M
-7M
-6.3M
-6.2M
-6.6M
-7M
-7.4M
-7.1M
-7M
-7.3M
-7.3M
-7.2M
-6.6M
-6.3M
-6.3M
(6.4M)
(27.3M)
(25.8M)
(24.4M)
(23.2M)
(22.2M)
(16M)
(953K)
(226K)
(557K)
(472K)
(524K)
(548K)
(713K)
(15.9M)
(15.9M)
(14.9M)
(39.9M)
(36.6M)
(32.9M)
-5M
1.6M
601K
-30K
270K
206K
181K
314K
1.7M
2.5M
1.5M
-165K
-595K
607K
-7M
-6.6M
835K
-1.1M
-5.5M
-5.7M
30.7M
27.7M
23M
23.9M
22.6M
22.5M
20.1M
19.3M
21.3M
21.3M
19.1M
15.9M
13.9M
16.5M
14M
14.9M
14.5M
10.8M
10.4M
10M
NET INCOME
(7.8M)
(7.3M)
(6.3M)
(5.9M)
(5.7M)
(5.7M)
(5.2M)
(5M)
(7.3M)
(8.3M)
(7.8M)
(6.4M)
(5.6M)
(6.6M)
(7M)
(6.6M)
(6.4M)
(4.4M)
(4.1M)
(3.9M)
22.8M
20.4M
16.7M
18M
16.8M
16.8M
14.9M
14.3M
14M
13M
11.3M
9.5M
8.3M
9.8M
6.7M
7.6M
7.3M
6.4M
6.3M
6.1M

SEC Filings

ARTNA - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 08, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 06, 2026
2026
8-K

8-K 2026

N/A

May 06, 2026
May 05, 2026
2026
10-K/A

10-K/A 2025 FY (Amended)

FY

April 01, 2026
December 31, 2025
2025
10-K

10-K 2025 FY

FY

March 16, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

March 13, 2026
March 12, 2026
2026
10-Q

10-Q 2025 Q3

Q3

November 07, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

November 03, 2025
October 30, 2025
2025
8-K

8-K 2025

N/A

October 31, 2025
October 30, 2025
2025
10-Q

10-Q 2025 Q2

Q2

August 08, 2025
June 30, 2025
2025
Showing 1 to 10 of 282 filings