Artesian Resources Corp
ARTNA Nasdaq· Water Supply
Last close · Oct 23, 2026
$34.10
KIRA · Stoqly’s AI analyst, in plain words
- Artesian Resources Corp had $113M of revenue in fiscal 2025, up 4.6% on the year before. Over five years, revenue changed +5.1% a year on average.
- Its operating margin was 24.6%, up 0.4 pts: of every 100 in sales, about 25 is left after running the business.
- Artesian Resources Corp made $22.8M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 5.1% a year.
- Free cash flow was −$18.5M in fiscal 2025, −16.4% of revenue.
- Artesian Resources Corp returned $12.7M to shareholders in fiscal 2025. The diluted share count rose 0.2%.
- Artesian Resources Corp owes $176M more than it holds in cash, about 4.2 years of operating profit.
Market cap
$352M
P/E
15.0x
Revenue
$113M
Net income
$22.8M
Free cash flow
−$18.5M
Operating margin
24.6%
Artesian Resources Corp in 30 seconds · fiscal 2025
Are sales growing?
+4.6%
Only a little. Sales grew 4.6% last year.
Does it make a profit?
20.2%
Yes. It keeps 20.2% of every sale as profit.
Does profit turn into cash?
−16.4%
No. It spent more cash than it brought in.
Is debt under control?
4.2x
Heavy. Repaying its debt would take 4.2 years of operating profit.
How healthy are the accounts?
5 / 8
Mixed. It passes 5 of 8 health tests.
How is the share priced?
15.0x
One share costs 15.0 times its yearly profit per share.
What Artesian Resources Corp does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 16, 2026
- Legal name
- ARTESIAN RESOURCES CORP
- CIK
- 0000863110
Artesian Resources Corp · ARTNA
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $90.9M | $98.9M | $98.9M | $108M | $113M |
| Revenue growth | 3.1% | 8.8% | −0.0% | 9.2% | 4.6% |
| Operating margin | 24.5% | 24.2% | 22.7% | 24.2% | 24.6% |
| Net income | $16.8M | $18.0M | $16.7M | $20.4M | $22.8M |
| Net margin | 18.5% | 18.2% | 16.9% | 18.9% | 20.2% |
| Diluted EPS | $1.79 | $1.90 | $1.67 | $1.98 | $2.21 |
| Cash | |||||
| Cash from operations | $31.3M | $24.3M | $31.9M | $36.8M | $40.3M |
| Capital expenditure | $40.8M | $48.5M | $62.2M | $45.9M | $58.8M |
| Free cash flow | −$9.5M | −$24.2M | −$30.3M | −$9.1M | −$18.5M |
| FCF margin | −10.5% | −24.5% | −30.7% | −8.4% | −16.4% |
| Dividends paid | $9.8M | $10.3M | $11.2M | $12.2M | $12.7M |
| Share count change | 0.6% | 0.6% | 5.7% | 2.7% | 0.2% |
| Debt and strength | |||||
| Cash and short-term investments | $0.1M | $1.3M | $2.5M | $1.1M | $0.1M |
| Debt incl. finance leases | $145M | $178M | $181M | $179M | $176M |
| Shareholders' equity | $178M | $188M | $230M | $239M | $250M |
| Net debt / EBITDA | 4.2x | 4.8x | 5.0x | 4.5x | 4.2x |
| Current ratio | 0.4x | 0.6x | 1.4x | 1.0x | 0.6x |
| Interest coverage | 2.9x | 2.8x | 2.5x | 3.0x | 3.2x |
| Returns and quality | |||||
| Return on capital | 5.2% | 4.9% | 4.0% | 4.6% | 4.9% |
| Return on equity | 9.7% | 9.8% | 8.0% | 8.7% | 9.3% |
| Return on tangible equity | 9.5% | 9.7% | 7.3% | 8.6% | 9.2% |
| Piotroski F-score | 4 | 4 | 5 | 6 | 5 |
| Altman Z'' | 0.7 | 0.8 | 1.0 | 1.0 | 0.9 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$1.0M
1 insider
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Artesian Resources Corp · ARTNA
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $34.10 a share, the company is worth $352M: 15.0 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000863110). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.