Symbols / ARTNA Stock $32.11 -0.80% Artesian Resources Corporation

Utilities • Utilities - Regulated Water • United States • NMS
ARTNA (Stock) Chart
O: — H: — L: — C: — V: —
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Utilities
Industry Utilities - Regulated Water
CEO Ms. Nicholle R. Taylor
Exch · Country NMS · United States
Market Cap 331.52M
Enterprise Value —
Income 23.32M
Sales 114.83M
FCF (ttm) —
Book/sh 24.50
Cash/sh —
Employees 272
Insider 10d —
IPO Apr 28, 1994
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 55.20%
P/E 14.27
Forward P/E 15.36
PEG 3.54
P/S 2.89
P/B 1.31
P/C —
EV/EBITDA —
EV/Sales —
Quick Ratio —
Current Ratio 1.01
Debt/Eq 72.57
LT Debt/Eq —
EPS (ttm) 2.25
EPS next Y 2.09
EPS Growth 8.00%
Revenue Growth 7.30%
EPS Gr Q/Q 9.20%
Rev Gr Q/Q —
Earnings (next) 2026-08-03
Earnings (prior) 2026-05-05
ROA 2.73%
ROE 9.43%
ROIC —
Gross Margin 49.45%
Oper. Margin 30.01%
Profit Margin 20.31%
Shs Outstand 9.44M
Shs Float 9.33M
Insider Own 4.21%
Instit Own 55.34%
Short Float 1.23%
Short Ratio 2.28
Short Interest 100.63K
52W High 34.90
vs 52W High -7.99%
52W Low 30.50
vs 52W Low 5.28%
Beta 0.32
Impl. Vol. —
Rel Volume 0.38
Avg Volume 69.30K
Volume 26.11K
Target (mean) —
Tgt Median —
Tgt Low —
Tgt High —
# Analysts —
Recom None
Prev Close $32.37
Price $32.11
Change -0.80%
About

Artesian Resources Corporation provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection; and offers wastewater collection, treatment infrastructure, and wastewater services to customers. It also provides contract water and wastewater operations; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services. As of December 31, 2025, it served customers in Delaware, Maryland, and Pennsylvania through 1,515 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$32.11
Latest analyst target
3. DCF / Fair value
$33.75
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$32.11
Low
—
High
—
Mean
—

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2021-10-25 init Janney Montgomery Scott — → Buy $55
2017-05-04 down Hilliard Lyons Long-Term Buy → Neutral —
2016-03-02 down Baird Outperform → Neutral —
2015-10-21 down Hilliard Lyons Neutral → Underperform —
2015-03-25 up Baird Neutral → Outperform —
2014-04-07 up Hilliard Lyons Neutral → Long-Term Buy $25
2012-11-05 down Hilliard Lyons Long-Term Buy → Neutral —
2012-08-08 up Hilliard Lyons Buy → Long-Term Buy $24
2012-05-10 main Hilliard Lyons — → Long-Term Buy $23
2012-03-16 main Hilliard Lyons — → Long-Term Buy $22
News
RSS: Latest ARTNA news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-23 TAYLOR DIAN C Director — 1,000 $31.25 $31,250
2026-03-20 TAYLOR DIAN C Director — 2,000 $31.00 $62,000
2026-03-19 TAYLOR DIAN C Director — 2,000 $31.00 $62,000
2025-12-19 TAYLOR DIAN C Director — 2,224 $31.73 $70,561
2025-08-21 THAEDER JOHN M Officer — 1,000 $32.92 $32,921
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
112.94
+4.62%
107.95
+9.20%
98.86
-0.04%
98.90
Operating Revenue
112.94
+4.62%
107.95
+9.20%
98.86
-0.04%
98.90
Cost Of Revenue
57.13
+4.74%
54.54
+7.71%
50.63
+0.02%
50.62
Reconciled Cost Of Revenue
57.13
+4.74%
54.54
+7.71%
50.63
+0.02%
50.62
Gross Profit
55.81
+4.50%
53.41
+10.75%
48.23
-0.10%
48.27
Operating Expense
20.20
+1.28%
19.95
+2.64%
19.43
+5.10%
18.49
Total Expenses
77.33
+3.82%
74.49
+6.31%
70.07
+1.38%
69.11
Operating Income
35.61
+6.42%
33.47
+16.23%
28.79
-3.32%
29.78
Total Operating Income As Reported
27.78
+6.24%
26.15
+16.51%
22.45
-6.11%
23.91
EBITDA
53.15
+6.04%
50.12
+10.06%
45.54
+1.20%
45.00
Normalized EBITDA
50.77
+4.73%
48.47
+11.34%
43.54
-0.30%
43.67
Reconciled Depreciation
13.81
+1.30%
13.63
+2.20%
13.34
+5.67%
12.62
EBIT
39.34
+7.81%
36.49
+13.31%
32.20
-0.54%
32.38
Total Unusual Items
2.38
+44.80%
1.64
-17.93%
2.00
+50.64%
1.33
Total Unusual Items Excluding Goodwill
2.38
+44.80%
1.64
-17.93%
2.00
+50.64%
1.33
Special Income Charges
2.38
+44.80%
1.64
-17.93%
2.00
+50.64%
1.33
Other Special Charges
-2.38
-44.80%
-1.64
+17.93%
-2.00
-50.64%
-1.33
Net Income
22.82
+11.91%
20.39
+22.13%
16.70
-7.22%
18.00
Pretax Income
30.65
+10.62%
27.71
+20.23%
23.05
-3.47%
23.88
Net Non Operating Interest Income Expense
-8.69
+1.06%
-8.78
+4.12%
-9.16
-7.69%
-8.50
Interest Expense Non Operating
8.69
-1.06%
8.78
-4.12%
9.16
+7.69%
8.50
Net Interest Income
-8.69
+1.06%
-8.78
+4.12%
-9.16
-7.69%
-8.50
Interest Expense
8.69
-1.06%
8.78
-4.12%
9.16
+7.69%
8.50
Other Income Expense
3.73
+23.30%
3.02
-11.35%
3.41
+31.42%
2.59
Other Non Operating Income Expenses
1.35
-2.32%
1.38
-1.99%
1.41
+11.23%
1.26
Tax Provision
7.83
+7.05%
7.32
+15.23%
6.35
+8.00%
5.88
Tax Rate For Calcs
0.00
-3.03%
0.00
-4.35%
0.00
+12.20%
0.00
Tax Effect Of Unusual Items
0.61
+40.41%
0.43
-21.50%
0.55
+69.01%
0.33
Net Income Including Noncontrolling Interests
22.82
+11.91%
20.39
+22.13%
16.70
-7.22%
18.00
Net Income From Continuing Operation Net Minority Interest
22.82
+11.91%
20.39
+22.13%
16.70
-7.22%
18.00
Net Income From Continuing And Discontinued Operation
22.82
+11.91%
20.39
+22.13%
16.70
-7.22%
18.00
Net Income Continuous Operations
22.82
+11.91%
20.39
+22.13%
16.70
-7.22%
18.00
Normalized Income
21.05
+9.73%
19.18
+25.81%
15.25
-10.28%
17.00
Net Income Common Stockholders
22.82
+11.91%
20.39
+22.13%
16.70
-7.22%
18.00
Diluted EPS
2.21
+11.62%
1.98
+18.56%
1.67
-12.11%
1.90
Basic EPS
2.21
+11.62%
1.98
+18.56%
1.67
-12.11%
1.90
Basic Average Shares
10.31
+0.15%
10.29
+2.76%
10.02
+5.88%
9.46
Diluted Average Shares
10.31
+0.16%
10.30
+2.73%
10.02
+5.71%
9.48
Diluted NI Availto Com Stockholders
22.82
+11.91%
20.39
+22.13%
16.70
-7.22%
18.00
Depreciation Amortization Depletion Income Statement
13.81
+1.30%
13.63
+2.20%
13.34
+5.67%
12.62
Depreciation And Amortization In Income Statement
13.81
+1.30%
13.63
+2.20%
13.34
+5.67%
12.62
Other Taxes
6.40
+1.23%
6.32
+3.59%
6.10
+3.88%
5.87
Line Item Trend 2025-12-31
Total Assets
851.23
Current Assets
21.42
Cash Cash Equivalents And Short Term Investments
0.05
Cash And Cash Equivalents
0.05
Receivables
12.17
Accounts Receivable
5.44
Receivables Adjustments Allowances
-0.34
Other Receivables
4.39
Taxes Receivable
0.77
Inventory
3.72
Prepaid Assets
1.81
Other Current Assets
3.67
Total Non Current Assets
829.81
Net PPE
805.65
Gross PPE
1,008.87
Accumulated Depreciation
-203.22
Construction In Progress
45.67
Other Properties
9.91
Goodwill And Other Intangible Assets
1.94
Goodwill
1.94
Non Current Deferred Assets
9.57
Total Liabilities Net Minority Interest
601.31
Current Liabilities
33.72
Payables And Accrued Expenses
19.92
Payables
14.41
Accounts Payable
14.02
Other Payable
—
Current Accrued Expenses
5.52
Total Tax Payable
0.39
Income Tax Payable
0.39
Current Debt And Capital Lease Obligation
7.95
Current Debt
7.95
Other Current Borrowings
2.13
Current Deferred Liabilities
3.47
Current Deferred Revenue
3.47
Other Current Liabilities
2.37
Total Non Current Liabilities Net Minority Interest
567.59
Long Term Debt And Capital Lease Obligation
174.68
Long Term Debt
174.28
Long Term Capital Lease Obligation
0.41
Non Current Deferred Liabilities
55.52
Non Current Deferred Taxes Liabilities
55.15
Other Non Current Liabilities
311.08
Stockholders Equity
249.92
Common Stock Equity
249.92
Capital Stock
10.32
Common Stock
10.32
Preferred Stock
0.00
Share Issued
10.32
Ordinary Shares Number
10.29
Treasury Shares Number
0.03
Additional Paid In Capital
144.49
Retained Earnings
95.11
Total Equity Gross Minority Interest
249.92
Total Capitalization
424.20
Working Capital
-12.30
Invested Capital
432.15
Total Debt
182.64
Net Debt
182.18
Capital Lease Obligations
0.41
Net Tangible Assets
247.98
Tangible Book Value
247.98
Duefrom Related Parties Current
—
Interest Payable
0.92
Line Of Credit
5.82
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
40.35
+9.57%
36.82
+15.61%
31.85
+31.26%
24.27
Cash Flow From Continuing Operating Activities
40.35
+9.57%
36.82
+15.61%
31.85
+31.26%
24.27
Net Income From Continuing Operations
22.82
+11.91%
20.39
+22.13%
16.70
-7.22%
18.00
Depreciation Amortization Depletion
13.81
+1.30%
13.63
+2.20%
13.34
+5.67%
12.62
Depreciation And Amortization
13.81
+1.30%
13.63
+2.20%
13.34
+5.67%
12.62
Other Non Cash Items
-1.29
-64.71%
-0.78
+11.94%
-0.89
-64.44%
-0.54
Stock Based Compensation
0.25
+12.33%
0.22
-13.78%
0.25
+67.11%
0.15
Provisionand Write Offof Assets
0.14
-39.91%
0.23
+153.26%
0.09
+35.29%
0.07
Deferred Tax
1.18
+108.87%
0.56
-83.26%
3.37
+47.63%
2.28
Deferred Income Tax
1.18
+108.87%
0.56
-83.26%
3.37
+47.63%
2.28
Change In Working Capital
3.44
+34.14%
2.57
+354.06%
-1.01
+87.85%
-8.31
Change In Receivables
4.83
+387.59%
0.99
+239.38%
0.29
+108.62%
-3.39
Changes In Account Receivables
5.03
+2055.64%
-0.26
-131.85%
0.81
+120.98%
-3.85
Change In Inventory
0.56
-67.04%
1.71
+233.10%
-1.28
+53.74%
-2.77
Change In Prepaid Assets
-0.20
-170.38%
0.29
+157.17%
-0.50
-204.37%
0.48
Change In Payables And Accrued Expense
0.94
+9270.00%
0.01
-99.54%
2.18
+148.72%
-4.47
Change In Accrued Expense
-0.70
+11.73%
-0.79
-141.74%
1.90
+486.18%
-0.49
Change In Payable
1.64
+103.86%
0.80
+186.79%
0.28
+107.03%
-3.98
Change In Account Payable
1.75
+473.11%
0.30
+7.39%
0.28
+107.12%
-3.99
Change In Other Working Capital
0.08
-96.94%
2.58
+69.45%
1.52
+130.88%
-4.93
Change In Other Current Assets
0.15
+173.79%
-0.21
+58.55%
-0.50
-1243.24%
-0.04
Change In Other Current Liabilities
-2.92
-4.21%
-2.80
-2.79%
-2.72
-140.06%
6.80
Investing Cash Flow
-58.72
-29.56%
-45.32
+27.00%
-62.08
-13.37%
-54.76
Cash Flow From Continuing Investing Activities
-58.72
-29.56%
-45.32
+27.00%
-62.08
-13.37%
-54.76
Capital Expenditure
-58.84
-28.09%
-45.94
+26.11%
-62.18
-28.24%
-48.48
Capital Expenditure Reported
-58.84
-28.09%
-45.94
+26.11%
-62.18
-28.24%
-48.48
Net Business Purchase And Sale
—
0.00
0.00
+100.00%
-6.34
Purchase Of Business
—
0.00
0.00
+100.00%
-6.34
Net Other Investing Changes
0.13
-79.29%
0.62
+529.29%
0.10
+52.31%
0.07
Financing Cash Flow
17.27
+142.01%
7.14
-77.28%
31.42
-0.91%
31.71
Cash Flow From Continuing Financing Activities
17.27
+142.01%
7.14
-77.28%
31.42
-0.91%
31.71
Net Issuance Payments Of Debt
3.52
+338.52%
-1.48
+91.11%
-16.61
-170.25%
23.64
Issuance Of Debt
8.13
+942.82%
0.78
-91.25%
8.91
-86.56%
66.33
Repayment Of Debt
-4.61
-104.30%
-2.26
+91.16%
-25.52
+40.21%
-42.68
Long Term Debt Issuance
0.00
-100.00%
0.76
-86.48%
5.61
-82.37%
31.80
Long Term Debt Payments
-2.27
-0.49%
-2.26
-12.29%
-2.01
-22.34%
-1.64
Net Long Term Debt Issuance
-2.27
-51.30%
-1.50
-141.66%
3.60
-88.07%
30.16
Short Term Debt Issuance
8.13
+36872.73%
0.02
-99.33%
3.30
-90.43%
34.52
Short Term Debt Payments
-2.34
0.00
+100.00%
-23.51
+42.71%
-41.04
Net Short Term Debt Issuance
5.79
+26222.73%
0.02
+100.11%
-20.21
-210.13%
-6.52
Net Common Stock Issuance
0.34
-1.44%
0.35
-99.06%
37.07
+1673.83%
2.09
Common Stock Dividend Paid
-12.68
-4.18%
-12.17
-8.24%
-11.24
-8.94%
-10.32
Cash Dividends Paid
-12.68
-4.18%
-12.17
-8.24%
-11.24
-8.94%
-10.32
Net Other Financing Charges
26.09
+27.65%
20.44
-7.95%
22.20
+36.24%
16.30
Changes In Cash
-1.09
+19.37%
-1.36
-213.55%
1.20
-1.73%
1.22
Beginning Cash Position
1.15
-54.21%
2.50
+91.37%
1.31
+1322.83%
0.09
End Cash Position
0.05
-95.47%
1.15
-54.21%
2.50
+91.37%
1.31
Free Cash Flow
-18.50
-102.86%
-9.12
+69.93%
-30.33
-25.22%
-24.22
Interest Paid Supplemental Data
8.35
-14.56%
9.77
+30.02%
7.51
-10.85%
8.43
Income Tax Paid Supplemental Data
7.07
+23.27%
5.73
+59.67%
3.59
+3.10%
3.48
Change In Income Tax Payable
-0.11
-122.29%
0.50
+12550.00%
-0.00
-166.67%
0.01
Change In Interest Payable
-0.01
+98.96%
-1.34
-204.59%
1.29
+1686.11%
0.07
Change In Tax Payable
-0.11
-122.29%
0.50
+12550.00%
-0.00
-166.67%
0.01
Common Stock Issuance
0.34
-1.44%
0.35
-99.06%
37.07
+1673.83%
2.09
Issuance Of Capital Stock
0.34
-1.44%
0.35
-99.06%
37.07
+1673.83%
2.09
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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