YOLFTbeta
Artesian Resources Corporation

Artesian Resources Corporation

ARTNA · NASDAQ · Utilities / Utilities - Regulated Water

32.70USD+0.14 (+0.43%)

Price History

Full chart

Market Stats

Previous Close32.56
Open32.72
Day Range32.50 – 33.23
52-Week Range29.89 – 36.98
Volume26.42K
Market Cap343.38M
P/E (TTM)14.58
Forward P/E17.86
EPS2.28
Dividend Yield3.81%
Beta0.32
50-Day Avg34.97
200-Day Avg33.19

About

Artesian Resources Corporation 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; and offers wastewater collection, treatment infrastructure, and wastewater services to customers. It also provides contract water and wastewater operations; 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; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services. As of December 31, 2025, it served customers in Delaware, Maryland, and Pennsylvania through 1,515 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.

Company Details

  • SectorUtilities
  • IndustryUtilities - Regulated Water
  • CEOMs. Nicholle R. Taylor
  • Employees272
  • Headquarters664 Churchmans Road, Newark, DE, United States, 19702, USA
  • Websitehttps://www.artesianwater.com

Leadership

  • Ms. Nicholle R. TaylorChair of Board, President, CEO & Senior VP of Investor Relations · b. 1968
  • Mr. David B. SpachtChief Financial Officer · b. 1960
  • Ms. Jennifer L. Finch CPACorporate Treasurer & Senior VP of Finance · b. 1969
  • Mr. Pierre A. AndersonSenior VP & Chief Information Officer · b. 1979
  • Ms. Courtney A. Emerson Esq.General Counsel & Secretary · b. 1984

Financials

Income Statement

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue22.60M20.90M22.30M25.50M26.80M27.55M31.99M34.60M36.30M39.58M45.28M48.59M52.52M56.19M60.91M64.89M65.07M70.56M69.07M72.47M77.02M79.09M82.23M80.41M83.59M88.14M90.86M98.90M98.86M107.95M112.94M
Growth (%)--7.52%+6.70%+14.35%+5.10%+2.80%+16.10%+8.16%+4.91%+9.06%+14.41%+7.29%+8.10%+6.97%+8.41%+6.52%+0.29%+8.44%-2.11%+4.91%+6.29%+2.68%+3.98%-2.22%+3.96%+5.44%+3.08%+8.85%-0.04%+9.20%+4.62%
Cost of Revenue----14.69M15.40M543.00K18.33M21.74M22.77M26.93M2.42M31.46M34.07M32.37M34.71M35.45M36.22M36.63M37.09M38.45M38.26M41.05M41.21M42.50M43.62M45.36M50.62M50.63M54.54M70.93M
Gross Profit22.60M20.90M22.30M25.50M12.11M12.15M31.44M16.26M36.30M39.58M45.28M46.17M52.52M56.19M28.54M30.17M29.62M34.35M32.44M35.38M38.57M40.83M41.18M39.20M41.09M44.53M45.50M48.27M48.23M53.41M42.01M
Gross Margin100.00%100.00%100.00%100.00%45.19%44.11%98.30%47.01%100.00%100.00%100.00%95.02%100.00%100.00%46.86%46.50%45.52%48.67%46.97%48.82%50.08%51.62%50.08%48.75%49.15%50.52%50.08%48.81%48.78%49.48%37.20%
Operating Expense17.80M15.70M16.50M17.90M3.91M4.32M21.86M5.26M25.38M26.82M31.30M30.48M36.62M39.85M14.90M15.90M15.89M18.49M17.96M19.33M20.99M22.01M21.58M20.25M21.17M22.23M23.21M24.37M25.78M27.26M6.40M
Operating Income4.80M5.20M5.80M7.60M8.20M7.83M9.59M11.00M10.92M12.77M13.99M15.68M15.90M16.33M13.64M14.27M13.74M15.86M14.48M16.05M17.58M18.82M19.60M18.95M19.93M22.30M22.29M23.91M22.45M26.15M35.61M
Operating Margin21.24%24.88%26.01%29.80%30.60%28.42%29.97%31.79%30.08%32.25%30.89%32.28%30.27%29.07%22.40%21.99%21.11%22.47%20.97%22.14%22.83%23.79%23.83%23.57%23.84%25.29%24.54%24.17%22.70%24.22%31.53%
EBITDA7.20M7.50M8.00M9.70M10.50M10.54M12.50M14.39M14.55M16.64M18.06M20.29M21.06M17.69M19.37M20.65M20.85M31.11M28.32M31.09M34.20M36.34M36.45M34.23M37.93M39.12M39.92M42.40M42.13M50.12M53.15M
EBITDA Margin31.86%35.89%35.87%38.04%39.18%38.24%39.09%41.60%40.09%42.05%39.88%41.76%40.10%31.48%31.79%31.83%32.04%44.09%41.00%42.91%44.41%45.95%44.32%42.57%45.38%44.39%43.93%42.88%42.61%46.43%47.06%
Net Income1.20M1.70M2.00M2.70M3.00M2.45M3.32M4.17M3.92M4.40M5.04M6.07M6.26M6.42M7.26M7.62M6.75M9.85M8.30M9.51M11.30M12.95M13.98M14.28M14.93M16.82M16.83M18.00M16.70M20.39M22.82M
Net Income Margin5.31%8.13%8.97%10.59%11.19%8.90%10.38%12.04%10.79%11.12%11.12%12.50%11.92%11.42%11.92%11.74%10.37%13.95%12.02%13.12%14.68%16.38%17.00%17.76%17.85%19.08%18.52%18.20%16.89%18.89%20.21%
R&D----------------00000000-------
R&D as % of Total Revenue----------------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense2.80M2.50M03.20M6.28M4.05M4.54M4.39M4.89M5.94M6.12M6.34M6.30M6.61M7.22M7.29M7.29M7.04M7.05M7.39M7.00M6.64M6.18M6.25M7.02M7.62M7.59M8.50M9.16M8.78M8.69M
Interest Expense % of Total Revenue12.39%11.96%0.00%12.55%23.43%14.72%14.18%12.68%13.47%15.01%13.52%13.04%12.00%11.77%11.85%11.24%11.20%9.98%10.21%10.20%9.09%8.40%7.51%7.78%8.40%8.64%8.36%8.60%9.26%8.13%7.69%

Balance Sheet

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets96.80M99.70M107.90M119.40M132.50M144.41M163.53M183.07M216.32M227.38M243.85M269.36M294.59M348.71M358.89M371.53M378.74M391.71M403.83M422.21M431.63M450.98M494.64M529.83M561.09M593.22M625.31M720.30M766.83M798.62M851.23M
Total Liabilities80.20M73.10M80.70M91.00M99.70M111.28M128.89M131.80M163.63M172.44M186.04M207.56M209.46M260.91M267.72M276.38M265.74M273.53M282.00M296.61M299.30M311.95M348.00M376.58M400.82M423.79M447.30M532.37M536.43M559.43M601.31M
Total Equity16.60M26.60M27.20M28.40M32.80M33.13M34.65M51.28M52.69M54.94M57.81M61.80M85.13M87.79M91.17M95.15M113.00M118.18M121.84M125.61M132.33M139.02M146.64M153.25M160.27M169.43M178.01M187.93M230.40M239.19M249.92M
Cash100.00K100.00K100.00K100.00K100.00K392.00K1.05M874.00K1.13M1.22M1.36M1.41M2.52M2.89M474.00K179.00K311.00K617.00K422.00K243.00K209.00K226.00K952.00K293.00K596.00K28.00K92.00K1.31M2.50M1.15M52.00K
Total Debt34.10M26.70M33.30M39.90M43.30M53.84M66.82M67.55M93.34M92.65M94.47M100.29M92.97M129.36M132.68M135.68M134.77M131.11M128.40M134.92M124.17M118.95M124.34M133.53M153.85M171.34M172.02M198.31M181.06M179.11M182.64M
Net Debt34.00M26.60M33.20M39.80M43.20M53.44M65.76M66.68M92.22M91.43M93.11M98.88M90.45M126.46M132.20M135.50M120.05M117.47M116.55M124.45M115.21M110.55M115.59M133.24M153.25M171.31M171.93M197.00M178.56M177.96M182.59M

Cash Flow

Currency: USD1995-12-311996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow3.10M4.30M4.10M7.40M7.50M3.95M8.89M2.75M14.11M11.43M13.87M12.72M11.63M18.18M13.38M18.11M19.22M23.37M21.02M18.35M28.29M29.78M35.78M29.14M18.87M20.36M31.31M24.27M31.85M36.82M40.35M
Investing Cash Flow-12.00M-6.00M-10.90M-14.30M-15.30M-14.37M-21.33M-18.40M-24.54M-28.59M-20.16M-29.49M-26.71M-49.77M-17.35M-19.57M-15.73M-20.52M-21.16M-23.70M-20.65M-28.16M-41.01M-49.00M-40.63M-39.97M-40.72M-54.76M-62.08M-45.32M-58.72M
Financing Cash Flow8.80M1.60M6.80M6.90M7.90M10.69M13.10M15.47M10.69M17.24M6.43M16.82M16.19M31.97M1.55M1.17M-3.36M-2.55M-62.00K5.17M-7.67M-1.61M5.95M19.20M22.06M19.05M9.48M31.71M31.42M7.14M17.27M
Capital Expenditure12.00M8.10M11.20M14.30M15.30M14.37M21.34M18.40M24.56M28.60M20.16M30.89M26.74M45.06M17.39M19.63M15.79M20.55M21.19M23.73M20.69M28.25M41.09M49.05M40.68M34.28M40.81M48.48M62.18M45.94M58.84M
Free Cash Flow-8.90M-3.80M-7.10M-6.90M-7.80M-10.41M-12.45M-15.65M-10.46M-17.16M-6.29M-18.17M-15.11M-26.88M-4.01M-1.52M3.44M2.83M-166.00K-5.38M7.59M1.53M-5.32M-19.91M-21.81M-13.92M-9.50M-24.22M-30.33M-9.12M-18.50M
Dividends Paid800.00K1.40M1.70M1.80M2.20M2.26M2.30M2.72M3.18M3.27M3.47M3.71M4.46M5.19M5.38M5.68M6.19M6.85M7.21M7.52M7.81M8.18M8.50M8.82M9.12M9.38M9.83M10.32M11.24M12.17M12.68M
FCF to OCF-287.10%-88.37%-173.17%-93.24%-104.00%-263.60%-140.02%-568.19%-74.14%-150.10%-45.35%-142.79%-129.97%-147.91%-30.01%-8.42%17.87%12.10%-0.79%-29.33%26.84%5.13%-14.86%-68.33%-115.56%-68.37%-30.35%-99.81%-95.21%-24.76%-45.85%
Dividend Paid to FCF-8.99%-36.84%-23.94%-26.09%-28.21%-21.67%-18.44%-17.41%-30.38%-19.04%-55.16%-20.44%-29.48%-19.32%-134.01%-372.26%180.23%242.31%-4341.57%-139.81%102.90%535.34%-159.85%-44.29%-41.83%-67.36%-103.39%-42.61%-37.07%-133.44%-68.53%

Earnings

Report DateSep 9, 1996Dec 24, 1996Jun 3, 1997Oct 8, 1997Mar 23, 1998Mar 31, 1998Jun 30, 1998Nov 18, 1998Mar 31, 1999Jun 30, 1999Nov 2, 1999Feb 11, 2000Mar 31, 2000Jul 28, 2000Oct 26, 2000Feb 9, 2001Mar 31, 2001Jul 27, 2001Oct 26, 2001Feb 11, 2002May 1, 2002Jul 31, 2002Nov 5, 2002Feb 10, 2003Apr 29, 2003Jul 30, 2003Oct 29, 2003Feb 11, 2004Apr 27, 2004Aug 2, 2004Nov 1, 2004Mar 31, 2005May 10, 2005Aug 9, 2005Nov 7, 2005Mar 16, 2006May 10, 2006Aug 7, 2006Nov 7, 2006Mar 15, 2007May 7, 2007Aug 8, 2007Nov 6, 2007Mar 11, 2008May 12, 2008Aug 7, 2008Nov 6, 2008Mar 10, 2009May 5, 2009Aug 10, 2009Nov 5, 2009Mar 10, 2010May 7, 2010Aug 5, 2010Nov 5, 2010Mar 14, 2011May 6, 2011Aug 5, 2011Nov 3, 2011Mar 13, 2012May 8, 2012Aug 7, 2012Nov 7, 2012Mar 13, 2013May 7, 2013Aug 8, 2013Nov 6, 2013Mar 12, 2014May 6, 2014Aug 7, 2014Nov 5, 2014Mar 11, 2015May 5, 2015Aug 7, 2015Nov 6, 2015Mar 9, 2016May 6, 2016Aug 3, 2016Nov 2, 2016Mar 8, 2017May 3, 2017Aug 2, 2017Nov 2, 2017Mar 14, 2018May 2, 2018Aug 7, 2018Nov 7, 2018Mar 13, 2019May 8, 2019Aug 7, 2019Nov 6, 2019Mar 13, 2020May 6, 2020Aug 5, 2020Nov 4, 2020Mar 10, 2021May 4, 2021Aug 4, 2021Nov 3, 2021Mar 9, 2022May 3, 2022Aug 3, 2022Nov 3, 2022Mar 9, 2023May 9, 2023Aug 7, 2023Nov 6, 2023Mar 13, 2024May 6, 2024Aug 5, 2024Nov 4, 2024Mar 25, 2025May 5, 2025Aug 4, 2025Oct 30, 2025Mar 11, 2026May 5, 2026Aug 6, 2026Oct 29, 2026
EPS Estimate0.120.180.140.140.20--0.22--0.120.12-0.170.210.13-0.200.260.170.060.200.320.170.130.180.270.210.140.200.310.210.090.210.380.240.160.21-0.210.180.250.310.180.160.230.390.140.130.210.350.170.220.260.350.210.190.230.330.210.170.280.350.210.280.280.340.240.210.320.310.210.300.290.350.240.270.370.410.250.350.380.450.310.350.370.470.37-0.410.480.330.440.490.540.330.450.480.500.350.490.500.580.270.500.370.480.310.420.540.610.320.350.560.660.370.480.550.61
EPS Actual0.130.120.040.130.140.080.240.080.090.140.240.160.050.210.130.120.060.190.310.150.110.170.260.200.120.210.170.150.120.160.240.210.150.190.270.200.160.220.420.170.180.190.370.140.130.210.350.170.220.270.280.200.220.240.380.170.130.230.260.200.290.320.330.200.190.280.290.170.230.220.370.240.280.360.410.210.310.330.480.300.340.350.420.400.370.420.420.320.390.410.480.330.440.490.540.330.450.480.540.320.470.530.650.240.390.440.490.340.430.520.660.370.530.610.680.400.570.64-
Surprise8.33%-33.33%-71.43%-7.14%-30.00%---63.64%--100.00%33.33%-23.53%-38.10%-7.69%--5.00%19.23%-11.76%83.33%-15.00%-18.75%17.65%-7.69%16.67%-37.04%-28.57%-14.29%-20.00%-22.58%0.00%66.67%-9.52%-28.95%-16.67%0.00%4.76%--19.05%0.00%-24.00%19.35%-22.22%-18.75%-8.70%-10.26%21.43%69.23%28.57%-20.00%17.65%0.00%-7.69%8.57%-19.05%-31.58%0.00%-21.21%-4.76%70.59%14.29%-5.71%-4.76%-32.14%0.00%-14.71%-29.17%9.52%-31.25%19.35%14.29%-6.67%24.14%17.14%-12.50%14.81%-10.81%17.07%20.00%-2.86%-7.89%-6.67%29.03%5.71%13.51%-10.64%-13.51%-0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%8.00%-8.57%-4.08%6.00%12.07%-11.11%-22.00%18.92%2.08%9.68%2.38%-3.70%8.20%15.63%51.43%8.93%3.03%8.27%18.75%16.36%-
Timing----------After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours--After-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hours--After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours-After-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hours-After-hours-After-hours

Key Statistics & Ratios

Market Cap343.38M
Enterprise Value523.29M
Trailing P/E14.58
Forward P/E17.86
PEG Ratio3.54
Price / Sales2.94
Price / Book1.43
EPS2.28
Book Value24.81
Revenue (TTM)116.94M
Gross Profit (TTM)57.68M
EBITDA51.42M
Profit Margin20.19%
Operating Margin35.47%
Return on Equity9.42%
Return on Assets2.74%
Shares Outstanding9.45M
Shares Float9.41M
Beta0.32
Dividend Yield3.81%
Dividend Rate1.27
Payout Ratio55.36%

Analyst Ratings

Strong Buy
Based on 1 analystsTarget 46.00
  • Strong Buy
    1

Ownership Breakdown

Institutions
57.41%
Insiders
4.13%
Retail / Other
38.46%

Top Institutional Holders

  • T. Rowe Price Investment Management,Inc.
    907.73K8.79%
  • Vanguard Capital Management, LLC
    388.46K3.76%
  • Renaissance Technologies Corp
    320.46K3.10%
  • Adage Capital Partners Gp LLC
    200.00K1.94%
  • Morgan Stanley - Brokerage Accounts
    195.94K1.90%
  • Dimensional Fund Advisors, Inc.
    192.24K1.86%
  • Two Sigma Investments LLC
    183.04K1.77%
  • UBS Group AG
    171.17K1.66%
  • BlackRock Inc
    170.70K1.65%
  • Kestra Advisory Services, LLC
    165.27K1.60%
  • Prospera Financial Services Inc
    156.99K1.52%
  • Jane Street Group LLC
    149.81K1.45%
  • Roffman Miller Associates Inc
    147.53K1.43%
  • Costello Asset Management, INC.
    115.98K1.12%
  • Geode Capital Management, LLC
    101.87K0.99%
  • Marshall Wace Asset Management Ltd
    100.72K0.98%
  • The Goldman Sachs Group Inc
    97.81K0.95%
  • Hotchkis & Wiley Capital Management LLC
    95.40K0.92%

Top Fund Holders

  • T. Rowe Price Small-Cap Value
    548.04K5.31%
  • Vanguard MStar Total Stk Mkt Idx Invest
    278.36K2.70%

Dividends

20263×
0.32Aug 17, 20260.32May 15, 20260.31Feb 13, 2026
20254×
0.31Nov 14, 20250.31Aug 15, 20250.31May 16, 20250.30Feb 7, 2025
20244×
0.30Nov 15, 20240.30Aug 16, 20240.30May 16, 20240.29Feb 8, 2024
20234×
0.29Nov 15, 20230.28Aug 16, 20230.28May 18, 20230.28Feb 8, 2023
20224×
0.28Nov 10, 20220.27Aug 8, 20220.27May 6, 20220.27Feb 8, 2022
20214×
0.27Nov 5, 20210.26Aug 6, 20210.26May 6, 20210.26Feb 5, 2021
20201×
0.26Nov 6, 2020

Stock Splits

  • Jul 3, 20063:2
  • Jul 1, 20033:2