What is ARTNA revenue?

Artesian Resources Corporation (ARTNA) reported $116.94M of revenue for the twelve months ended Jun 30, 2026. That is up 5.9% from the year before. Revenue for fiscal 2025 was $112.94M.

Yes. Artesian Resources Corporation earned $23.61M in net income for the twelve months ended Jun 30, 2026, a net margin of 20.2%.

How much cash and debt does ARTNA have?

Artesian Resources Corporation reported $9.80M in cash and cash equivalents and $182.55M of debt on its most recent balance sheet in SEC filings.

How fast is ARTNA revenue growing?

Artesian Resources Corporation's revenue changed +4.6% in fiscal 2025, to $112.94M. Its compound annual growth rate was +5.1% over 5 years and +3.9% over 10 years.

What is ARTNA free cash flow?

Artesian Resources Corporation generated -$18.18M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $40.26M less capital expenditures.

What is ARTNA earnings per share?

Diluted earnings per share were $2.28 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.

When did ARTNA last report financial results?

The latest statements here come from Artesian Resources Corporation's 10-Q filed on Aug 12, 2026, covering the period ended Jun 30, 2026.

Financials · ARTNA

Artesian Resources Corporation (ARTNA) financials

For the twelve months ended Jun 30, 2026, Artesian Resources Corporation reported $116.94M of revenue and $23.61M of net income.

Revenue, TTM: $116.94M
Revenue growth, YoY: +5.9%
Net income, TTM: $23.61M
Net income growth, YoY: +5.5%
Net margin: 20.2%
Free cash flow, TTM: -$18.18M
EPS, diluted, TTM: $2.28
EPS growth, YoY: +5.1%
Cash: $9.80M
Total debt: $182.55M
P/E: 15.04
P/S: 3.04
Market cap: $355.1M

Annual revenue$112.94M

FY2016FY2025

Annual net income$22.82M

FY2016FY2025

Annual free cash flow-$18.50M

FY2016FY2025

ARTNA revenue and earnings growth

ARTNA revenueQ2 2026$30.66M

Quarter YoY: +7.4%
QoQ: +10.4%
FY YoY: +4.6%
5Y CAGR: +5.1%
10Y CAGR: +3.9%

ARTNA revenue was $30.66M in fiscal Q2 2026 (ended Jun 30, 2026), up 7.4% from a year earlier and up 10.4% from the prior quarter. For the full fiscal 2025 it was $112.94M, up 4.6% from fiscal 2024. Compound annual growth was +5.1% over 5 years and +3.9% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

ARTNA net incomeQ2 2026$6.58M

Quarter YoY: +4.5%
QoQ: +10.8%
FY YoY: +11.9%
5Y CAGR: +6.3%
10Y CAGR: +7.3%

ARTNA net income was $6.58M in fiscal Q2 2026 (ended Jun 30, 2026), up 4.5% from a year earlier and up 10.8% from the prior quarter. For the full fiscal 2025 it was $22.82M, up 11.9% from fiscal 2024. Compound annual growth was +6.3% over 5 years and +7.3% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

ARTNA EPSQ2 2026$0.64

Quarter YoY: +4.9%
QoQ: +12.3%
FY YoY: +11.6%
5Y CAGR: +4.3%
10Y CAGR: +5.8%

ARTNA diluted EPS was $0.64 in fiscal Q2 2026 (ended Jun 30, 2026), up 4.9% from a year earlier and up 12.3% from the prior quarter. For the full fiscal 2025 it was $2.21, up 11.6% from fiscal 2024. Compound annual growth was +4.3% over 5 years and +5.8% over 10 years.

ARTNA free cash flowQ2 2026-$2.54M

ARTNA free cash flow was -$2.54M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$7.92M a year earlier. For the full fiscal 2025 it was -$18.50M, compared with -$9.12M in fiscal 2024.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$112.94M	$107.95M	$98.86M	$98.90M	$90.86M	$88.14M	$83.59M	$80.41M	$82.23M	$79.09M
Operating income	$27.78M	$26.15M	$22.45M	$23.91M	$22.29M	$22.30M	$19.93M	$18.95M	$19.60M	$18.82M
Interest expense	$8.69M	$8.78M	$9.16M	$8.50M	$7.59M	$7.62M	$7.02M	$6.25M	$6.18M	$6.64M
Pre-tax income	-	-	-	-	-	$22.50M	$20.11M	$19.27M	$21.28M	$21.29M
Income tax	$7.83M	$7.32M	$6.35M	$5.88M	$5.74M	$5.68M	$5.18M	$4.99M	$7.29M	$8.33M
Net income	$22.82M	$20.39M	$16.70M	$18.00M	$16.83M	$16.82M	$14.93M	$14.28M	$13.98M	$12.95M
EPS, basic	$2.21	$1.98	$1.67	$1.90	$1.79	$1.80	$1.61	$1.55	$1.52	$1.42
EPS, diluted	$2.21	$1.98	$1.67	$1.90	$1.79	$1.79	$1.60	$1.54	$1.51	$1.41
Diluted shares	10.3M	10.3M	10.0M	9.5M	9.4M	9.4M	9.3M	9.3M	9.2M	9.2M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$52.0K	$1.15M	$2.50M	$1.31M	$92.0K	$28.0K	$596.0K	$293.0K	$952.0K	$226.0K
Receivables	$9.49M	$11.34M	$12.83M	$13.51M	$8.37M	$10.16M	$6.91M	$8.16M	$7.80M	$7.80M
Current assets	$21.42M	$24.53M	$30.62M	$27.80M	$18.66M	$17.62M	$14.21M	$16.12M	$18.98M	$14.63M
Goodwill	$1.94M	$1.94M	$1.94M	$1.94M	$0	$0	$0	$0	-	-
Total assets	$851.23M	$798.62M	$766.83M	$719.79M	$624.72M	$593.22M	$560.37M	$529.83M	$494.64M	$450.98M
Current liabilities	$33.72M	$25.59M	$22.41M	$44.07M	$47.21M	$43.72M	$25.60M	$37.73M	$28.46M	$19.33M
Short-term debt	$2.13M	$2.17M	$2.23M	$2.00M	$1.59M	$1.76M	$1.71M	$1.73M	$1.34M	$1.32M
Long-term debt	$174.28M	$176.51M	$178.31M	$175.62M	$143.26M	$142.33M	$144.16M	$115.86M	$105.59M	$102.33M
Total debt	$176.41M	$178.68M	$180.54M	$177.62M	$144.85M	$144.09M	$145.86M	$117.59M	$106.93M	$103.65M
Shareholders' equity	$249.92M	$239.19M	$230.40M	$187.93M	$178.01M	$169.43M	$160.27M	$153.25M	$146.64M	$139.02M

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$40.35M	$36.82M	$31.85M	$24.27M	$31.31M	$20.36M	$18.87M	$29.14M	$35.78M	$29.78M
Capital expenditures	$58.84M	$45.94M	$62.18M	$48.48M	$40.81M	$34.28M	$40.68M	$49.05M	$41.09M	$28.25M
Free cash flow	-$18.50M	-$9.12M	-$30.33M	-$24.22M	-$9.50M	-$13.92M	-$21.81M	-$19.91M	-$5.32M	$1.53M
Investing cash flow	-$58.72M	-$45.32M	-$62.08M	-$54.76M	-$40.72M	-$39.97M	-$40.63M	-$49.00M	-$41.01M	-$28.16M
Financing cash flow	$17.27M	$7.14M	$31.42M	$31.71M	$9.48M	$19.05M	$22.06M	$19.20M	$5.95M	-$1.61M
Dividends paid	$12.68M	$12.17M	$11.24M	$10.32M	$9.83M	$9.38M	$9.12M	$8.82M	$8.50M	$8.18M
Stock-based compensation	$246.0K	$219.0K	$254.0K	$152.0K	$193.0K	$178.0K	$181.0K	$192.0K	$423.0K	$92.0K
Depreciation and amortization	$13.81M	$13.63M	$13.34M	$12.62M	$11.88M	$11.14M	$10.80M	$10.29M	$9.55M	$9.19M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	4.6%	9.2%	-0.0%	8.8%	3.1%	5.4%	4.0%	-2.2%	4.0%	2.7%
Net income growth, YoY	11.9%	22.1%	-7.2%	7.0%	0.1%	12.7%	4.5%	2.1%	7.9%	14.6%
EPS growth, YoY	11.6%	18.6%	-12.1%	6.1%	0.0%	11.9%	3.9%	2.0%	7.1%	11.9%
Operating margin	24.6%	24.2%	22.7%	24.2%	24.5%	25.3%	23.8%	23.6%	23.8%	23.8%
Net margin	20.2%	18.9%	16.9%	18.2%	18.5%	19.1%	17.9%	17.8%	17.0%	16.4%
Free cash flow margin	-16.4%	-8.4%	-30.7%	-24.5%	-10.5%	-15.8%	-26.1%	-24.8%	-6.5%	1.9%
Return on equity	9.1%	8.5%	7.2%	9.6%	9.5%	9.9%	9.3%	9.3%	9.5%	9.3%
Return on assets	2.7%	2.6%	2.2%	2.5%	2.7%	2.8%	2.7%	2.7%	2.8%	2.9%
Current ratio	0.64	0.96	1.37	0.63	0.40	0.40	0.55	0.43	0.67	0.76
Debt to equity	0.71	0.75	0.78	0.95	0.81	0.85	0.91	0.77	0.73	0.75

Income statement

Income statement
Line item	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023	Q3 2023 Sep 30, 2023
Revenue	$30.66M	$27.77M	$28.02M	$30.49M	$28.55M	$25.89M	$26.85M	$29.14M	$27.42M	$24.54M	$24.54M	$26.57M
Operating income	$8.62M	$6.28M	$5.76M	$8.62M	$7.86M	$5.55M	$5.64M	$8.59M	$7.20M	$4.72M	$5.51M	$6.66M
Interest expense	$2.34M	$2.23M	$2.17M	$2.19M	$2.15M	$2.17M	$2.24M	$2.19M	$2.17M	$2.17M	$2.20M	$2.20M
Income tax	-	-	-	-	-	-	$1.33M	$2.35M	$1.95M	$1.68M	$1.19M	$2.25M
Net income	$6.58M	$5.93M	$4.13M	$6.96M	$6.29M	$5.43M	$3.85M	$6.81M	$5.33M	$4.41M	$3.48M	$5.07M
EPS, basic	$0.64	$0.58	$0.39	$0.68	$0.61	$0.53	$0.37	$0.66	$0.52	$0.43	$0.35	$0.49
EPS, diluted	$0.64	$0.57	$0.39	$0.68	$0.61	$0.53	$0.37	$0.66	$0.52	$0.43	$0.35	$0.49
Diluted shares	10.3M	10.3M	-	10.3M	10.3M	10.3M	-	10.3M	10.3M	10.3M	-	10.3M

Balance sheet

Balance sheet
Line item	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023	Q3 2023 Sep 30, 2023
Cash and equivalents	$9.80M	$4.25M	$52.0K	$705.0K	$349.0K	$3.71M	$1.15M	$10.70M	$6.25M	$9.50M	$2.50M	$6.46M
Receivables	$10.49M	$12.91M	$9.49M	$8.16M	$11.00M	$10.08M	$11.34M	$10.25M	$11.68M	$10.68M	$12.83M	$10.49M
Current assets	$30.84M	$26.47M	$21.42M	$19.58M	$22.30M	$25.17M	$24.53M	$34.34M	$29.14M	$30.85M	$30.62M	$33.95M
Goodwill	$1.94M	$1.94M	$1.94M	$1.94M	$1.94M	$1.94M	$1.94M	$1.94M	$1.94M	$1.94M	$1.94M	$1.94M
Total assets	$884.01M	$866.94M	$851.23M	$833.91M	$819.30M	$808.85M	$798.62M	$796.02M	$783.13M	$798.62M	$766.83M	$766.83M
Current liabilities	$30.39M	$26.16M	$33.72M	$28.97M	$25.57M	$25.63M	$25.59M	$28.04M	$22.43M	$21.73M	$22.41M	$27.18M
Short-term debt	-	-	$2.13M	-	-	-	$2.17M	-	-	-	$2.23M	-
Long-term debt	$182.55M	$183.45M	$174.28M	$174.66M	$175.14M	$175.93M	$176.51M	$176.89M	$177.49M	$178.33M	$178.31M	$175.88M
Total debt	$182.55M	$183.45M	$176.41M	$174.66M	$175.14M	$175.93M	$178.68M	$176.89M	$177.49M	$178.33M	$180.54M	$175.88M
Shareholders' equity	$256.24M	$252.80M	$249.92M	$248.84M	$244.91M	$241.65M	$239.19M	$238.31M	$234.42M	$231.99M	$230.40M	$229.59M

Cash flow

Cash flow
Line item	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023	Q3 2023 Sep 30, 2023
Operating cash flow	$10.18M	$8.64M	$10.46M	$10.99M	$7.94M	$10.96M	$6.70M	$10.66M	$6.87M	$12.59M	$8.49M	$8.14M
Capital expenditures	$12.72M	$13.14M	$18.33M	$14.25M	$15.86M	$10.40M	$15.01M	$12.56M	$9.45M	$8.92M	$13.34M	$16.52M
Free cash flow	-$2.54M	-$4.50M	-$7.87M	-$3.27M	-$7.92M	$560.0K	-$8.31M	-$1.90M	-$2.58M	$3.67M	-$4.85M	-$8.38M
Investing cash flow	-$12.65M	-$13.12M	-$18.32M	-$14.22M	-$15.78M	-$10.39M	-$15.01M	-$12.55M	-$9.44M	-$8.32M	-$13.32M	-$16.51M
Financing cash flow	$8.02M	$8.69M	$7.20M	$3.59M	$4.48M	$2.00M	-$1.25M	$6.34M	-$679.0K	$2.73M	$872.0K	$8.91M
Dividends paid	$3.30M	$3.24M	$3.23M	$3.17M	$3.17M	$3.10M	$3.10M	$3.04M	$3.04M	$2.98M	$2.98M	$3.08M
Stock-based compensation	$77.0K	$92.0K	$94.0K	$60.0K	$46.0K	$46.0K	$47.0K	$47.0K	$57.0K	$68.0K	$69.0K	$69.0K
Depreciation and amortization	$3.52M	$3.45M	$3.54M	$3.50M	$3.41M	$3.36M	$3.45M	$3.29M	$3.42M	$3.46M	$3.45M	$3.44M

Key ratios

Key ratios
Line item	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023	Q3 2023 Sep 30, 2023
Revenue growth, YoY	7.4%	7.3%	4.3%	4.6%	4.1%	5.5%	9.4%	9.7%	8.6%	9.1%	-2.3%	-0.0%
Net income growth, YoY	4.5%	9.2%	7.5%	2.2%	18.1%	23.2%	10.5%	34.4%	19.9%	19.1%	49.7%	-17.5%
EPS growth, YoY	4.9%	7.5%	5.4%	3.0%	17.3%	23.3%	5.7%	34.7%	18.2%	10.3%	40.0%	-24.6%
Operating margin	28.1%	22.6%	20.6%	28.3%	27.5%	21.4%	21.0%	29.5%	26.3%	19.2%	22.5%	25.1%
Net margin	21.4%	21.4%	14.8%	22.8%	22.0%	21.0%	14.3%	23.4%	19.4%	18.0%	14.2%	19.1%
Free cash flow margin	-8.3%	-16.2%	-28.1%	-10.7%	-27.8%	2.2%	-30.9%	-6.5%	-9.4%	15.0%	-19.8%	-31.6%
Current ratio	1.01	1.01	0.64	0.68	0.87	0.98	0.96	1.22	1.30	1.42	1.37	1.25
Debt to equity	0.71	0.73	0.71	0.70	0.72	0.73	0.75	0.74	0.76	0.77	0.78	0.77

Source: XBRL data Artesian Resources Corporation files with the SEC, latest filing dated Aug 12, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ARTNA peers

Company	Revenue	Growth	Net income	Net margin	Market cap
ARTNA	$116.94M	+5.9%	$23.61M	20.2%	$355.1M
AWKAmerican Water Works Company Inc.	$5.34B	+5.3%	$1.14B	21.3%	$29.92B
SBSCompanhia de saneamento Basico Do Estado De Sao Paulo - Sabesp	R$39.91B	+2.7%	R$8.46B	21.2%	$16.93B
WTRGEssential Utilities Inc.	$2.60B	+9.2%	$566.63M	21.8%	$13.02B
AWRAmerican States Water Company	$697.48M	+13.2%	$143.13M	20.5%	$3.57B
CWTCalifornia Water Service Group	$1.02B	+4.8%	$137.39M	13.5%	$3.21B
HTOH2O America	$846.18M	+4.8%	$104.87M	12.4%	$3.04B
MSEXMiddlesex Water Company	$212.25M	+8.9%	$52.01M	24.5%	$1.15B
YORWYork Water Company	$87.39M	+13.7%	$25.41M	29.1%	$529.4M

ARTNA FAQ

8 questions

What is ARTNA revenue?
Artesian Resources Corporation (ARTNA) reported $116.94M of revenue for the twelve months ended Jun 30, 2026. That is up 5.9% from the year before. Revenue for fiscal 2025 was $112.94M.
Is ARTNA profitable?
Yes. Artesian Resources Corporation earned $23.61M in net income for the twelve months ended Jun 30, 2026, a net margin of 20.2%.
How much cash and debt does ARTNA have?
Artesian Resources Corporation reported $9.80M in cash and cash equivalents and $182.55M of debt on its most recent balance sheet in SEC filings.
How fast is ARTNA revenue growing?
Artesian Resources Corporation's revenue changed +4.6% in fiscal 2025, to $112.94M. Its compound annual growth rate was +5.1% over 5 years and +3.9% over 10 years.
What is ARTNA free cash flow?
Artesian Resources Corporation generated -$18.18M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $40.26M less capital expenditures.
What is ARTNA earnings per share?
Diluted earnings per share were $2.28 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
When did ARTNA last report financial results?
The latest statements here come from Artesian Resources Corporation's 10-Q filed on Aug 12, 2026, covering the period ended Jun 30, 2026.
Where does this ARTNA financial data come from?
Quantisnow builds these statements from the structured XBRL data Artesian Resources Corporation files with the SEC. It is provided for information only and is not investment advice.