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Artesian Resources

ARTNA

Artesian Resources Corp is a holding company that provides regulated water and wastewater services across the Delmarva Peninsula.

Market cap
$355.37M+4.1%
Revenue$114.8M+5.1%
Net income$23.3M+8.9%
Free cash flow-$23.6M-92.6%
EPS (diluted)$2.26+8.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 3, 2026 (In 5 days)
Revenue estimate$29.8M
EPS estimate$0.59

Financials

Q1 2026

Income statement

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Revenue$27.8M+7.3%
Operating income$6.3M+13.2%
Net income$5.9M+9.2%
EPS (diluted)$0.57+7.5%

Balance sheet

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Cash & equivalents$4.3M+14.8%
Total debt$183.9M+4.3%
Total equity$252.8M+4.6%
Total assets$866.9M+7.2%

Cash flow

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Operating cash flow$8.6M-21.2%
CapEx$13.1M+26.4%
Free cash flow-$4.5M-904%

Valuation & ratios

Valuation

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Market cap$355.37M+4.1%
Enterprise value$534.97M+5.2%
P/E15.2×+0.3×
P/S3.1×+0.1×

Profitability

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Operating margin24.8%+0.1pp
Net margin20.3%+0.7pp
FCF margin-20.5%+103pp

Returns & leverage

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Return on equity9.4%+0.4pp
Debt / equity0.7×0.0×
Current ratio0.0×

Segments

By product

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Consumption Charges$14.1M+8.3%
Fixed Fees$10.2M+9.8%
Service Line Protection Plans$1.8M+10.2%
Industrial Wastewater Services$628.0K+45.4%
Contract Operations$248.0K-2.0%

By segment

See full
Regulated Utility$25.8M+7.1%
Reportable Segment Aggregation Before Other Operating$25.8M+7.1%
All Other Segments$2.1M+9.0%

Competitors

Profile

Artesian Resources Corp is a holding company that provides regulated water and wastewater services across the Delmarva Peninsula. The company operates as a regional utility, managing the collection, treatment, and distribution of water alongside wastewater collection and disposal infrastructure. Its core value proposition lies in maintaining essential utility infrastructure and securing exclusive service franchises to support residential and commercial growth in its multi-state territory.

Competitive position

The company is the oldest and largest investor-owned public water utility on the Delmarva Peninsula, holding exclusive franchise rights in significant portions of its service territory.

GeographiesDelaware, Maryland, Pennsylvania, United States
Customer segmentsResidential, Commercial, Municipal, Industrial
Business modelRegulated Utility, Contract Services, B2C Service Plans
SuppliersElectricity providers, Water treatment chemical suppliers, Ductile iron pipe manufacturers, Neighboring municipal water systems (interconnections)
CustomersResidential households, Commercial businesses, Industrial facilities, Municipal fire departments
Listed1995
Employees251.0
CEONicholle R. Taylor
SectorUtilities
FilingsSEC EDGAR

Questions, answered.

What is Artesian Resources's market cap?
Artesian Resources (ARTNA) has a market capitalization of $355.4M and trades on NASDAQ.
What is Artesian Resources's revenue and profitability?
Artesian Resources generated $114.8M in trailing twelve-month revenue with net income of $23.3M, representing a net margin of 20.3%, with free cash flow of -$23.6M. These figures are based on the Q1 2026 filing.
Who are Artesian Resources's competitors?
Artesian Resources's key competitors include American Water Works Company, Inc., Essential Utilities, Inc., Pure Cycle Corporation, and others. These companies compete in similar markets and product categories.
Who does Artesian Resources partner with?
Artesian Resources's notable partners include Chester Water Authority.
What subsidiaries does Artesian Resources have?
Artesian Resources's subsidiaries include Artesian Water Company, Inc., Artesian Wastewater Management, Inc., Artesian Water Maryland, Inc., and others.
Where is Artesian Resources headquartered?
Artesian Resources is headquartered in United States of America and employs approximately 251 people. It has been publicly traded since 1995.