ARTNANasdaqWater SupplyFiscal year ends December 31Also trades as ARTNB

ARTESIAN RESOURCES CORP

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 12, 2026

$33.01−0.37 (-1.11%)

Close on Oct 19, 2026

Margins

Share of revenue, fiscal years 2011 to 2025

24.6%−0.7 pts over 5 years

20.2%+1.1 pts over 5 years

Compound annual growth to fiscal 2025

Per year	1 year	3 years	5 years	10 years
Revenue	+4.6%	+4.5%	+5.1%	+3.9%
Operating income	+6.2%	+5.1%	+4.5%	+4.7%
Net income	+11.9%	+8.2%	+6.3%	+7.3%
EPS, diluted	+11.6%	+5.2%	+4.3%	+5.8%
Dividend per share	+4.2%	+4.1%	+4.0%	+3.5%

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	9.5%	10.2%	9.3%
Return on assets	2.9%	2.9%	2.8%
Current ratio	0.76	0.40	0.64
Debt to equity	0.75	0.85	0.71
Net debt to EBITDA	3.69×	4.31×	4.24×
Interest coverage	2.8×	2.9×	3.2×
Capex to revenue	35.7%	38.9%	52.1%
Diluted shares	9M	9M	10M

Return on equity split into margin, efficiency and leverage

Net margin20.2%

Asset turnover0.14×

Equity multiplier3.37×

Return on equity, FY20259.3%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	20.2%	0.14×	3.37×	9.3%
FY2024	18.9%	0.14×	3.33×	8.7%
FY2023	16.9%	0.13×	3.55×	8.0%
FY2022	18.2%	0.15×	3.67×	9.8%
FY2021	18.5%	0.15×	3.51×	9.7%
FY2020	19.1%	0.15×	3.50×	10.2%
FY2019	17.9%	0.15×	3.48×	9.5%
FY2018	17.8%	0.16×	3.42×	9.5%
FY2017	17.0%	0.17×	3.31×	9.8%
FY2016	16.4%	0.18×	3.25×	9.5%

Parsed from the XBRL in Artesian Resources's annual and quarterly filings with the SEC
Per-share figures adjusted for the 3-for-2 split on Jul 3, 2006
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is ARTNA.

Revenue growth5.9% · median 6.5%

Operating margin25.0% · median 21.9%

Net margin20.2% · median 12.9%

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