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
- Market cap
- $340.99M
- P/E (TTM)
- 14.4
- Dividend yield
- 3.73%
Artesian Resources statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Water Supply companies for comparison
Valuation
| Measure | Artesian Resources | Industry median |
|---|---|---|
| Market Cap | $340.90M | $3.73B |
| Enterprise Value | $513.65M | $6.51B |
| PE Ratio | 14.41 | 20.55 |
| PS Ratio | 2.92 | 2.76 |
| PB Ratio | 1.33 | 1.91 |
| P/TBV Ratio | 1.34 | 2.15 |
| P/OCF Ratio | 8.47 | 9.72 |
Enterprise value
| Measure | Artesian Resources | Industry median |
|---|---|---|
| EV / Sales | 4.39 | 4.39 |
| EV / EBITDA | 11.87 | 13.37 |
| EV / EBIT | 17.55 | 21.21 |
Income (trailing twelve months)
| Measure | Artesian Resources | Industry median |
|---|---|---|
| Revenue | $116.94M | $1.96B |
| Operating Income | $29.27M | $356.99M |
| Net Income | $23.61M | $132.10M |
| EBITDA | $43.28M | $626.69M |
| EPS (Diluted) | $2.29 | $1.96 |
Margins
| Measure | Artesian Resources | Industry median |
|---|---|---|
| Operating Margin | 25.0% | 19.0% |
| Profit Margin | 20.2% | 10.9% |
| EBITDA Margin | 37.0% | 33.2% |
| FCF Margin | -15.5% | -7.48% |
Returns
| Measure | Artesian Resources | Industry median |
|---|---|---|
| Return on Equity (ROE) | 9.42% | 8.92% |
| Return on Assets (ROA) | 2.77% | 2.64% |
| Return on Invested Capital (ROIC) | 5.45% | 5.67% |
| Return on Capital Employed (ROCE) | 3.43% | 4.66% |
Growth
| Measure | Artesian Resources | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 5.90% | 8.31% |
| Net Income Growth (YoY) | 5.46% | 7.61% |
| EPS Growth (YoY) | 5.53% | 6.88% |
| Revenue Growth (3Y CAGR) | 4.53% | 3.90% |
| Revenue Growth (5Y CAGR) | 5.08% | 7.73% |
| EPS Growth (3Y CAGR) | 5.17% | 6.33% |
| EPS Growth (5Y CAGR) | 4.31% | 6.12% |
Balance sheet
| Measure | Artesian Resources | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $9.80M | $70.00M |
| Total Debt | $182.55M | $3.59B |
| Net Cash (Debt) | -$172.75M | -$1.91B |
| Net Cash Per Share | -$16.73 | -$20.82 |
| Equity (Book Value) | $256.24M | $1.73B |
| Book Value Per Share | $24.81 | $17.38 |
| Tangible Book Value | $254.30M | $1.17B |
| Working Capital | $451.00K | -$8.30M |
Financial position
| Measure | Artesian Resources | Industry median |
|---|---|---|
| Current Ratio | 1.01 | 0.93 |
| Quick Ratio | 0.67 | 0.38 |
| Debt / Equity | 0.71 | 1.21 |
| Debt / EBITDA | 4.22 | 5.16 |
| Net Debt / EBITDA | 3.99 | 4.92 |
| Interest Coverage | 3.28 | 2.43 |
Cash flow (trailing twelve months)
| Measure | Artesian Resources | Industry median |
|---|---|---|
| Operating Cash Flow | $40.26M | $490.44M |
| Capital Expenditures | -$58.44M | -$731.05M |
| Free Cash Flow | -$18.18M | -$28.09M |
| FCF Per Share | -$1.76 | -$0.72 |
Efficiency
| Measure | Artesian Resources | Industry median |
|---|---|---|
| Asset Turnover | 0.14 | 0.23 |
| Revenue Per Employee | $426.80K | $1.09M |
| Profits Per Employee | $86.15K | $112.45K |
| Employee Count | 274 | 1,512 |
Dividends and yields
| Measure | Artesian Resources | Industry median |
|---|---|---|
| Earnings Yield | 6.92% | 4.11% |
| FCF Yield | -5.33% | -3.88% |
| Dividend Yield | 3.73% | 2.92% |
| Buyback Yield | -0.10% | -1.11% |
| Shareholder Yield | 3.63% | 1.61% |
| Dividend Per Share | $1.23 | $1.98 |
| Dividend Growth (YoY) | 4.24% | 5.10% |
| Years of Dividend Growth | 11 | 10 |
| Payout Ratio | 54.8% | 57.9% |
Shares
| Measure | Artesian Resources | Industry median |
|---|---|---|
| Shares Outstanding | 10,327,100 | 123,005,500 |
| Shares Change (YoY) | 0.18% | 2.12% |
| Float | 10,152,700 | 115,223,500 |
| Shares Held by Insiders | 1.69% | 1.57% |
| Shares Held by Institutions | 51.6% | 81.0% |
Scores
| Measure | Artesian Resources | Industry median |
|---|---|---|
| Graham Number | $35.76 | $46.35 |
| Graham Upside | 8.32% | -25.1% |
| Altman Z-Score | 0.73 | 1.04 |
| Piotroski F-Score | 6 | 5 |
Calculated by StockData from Artesian Resources's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.