10x Insights
Loading account…
Companies / Utilities / Artesian Resources Corporation
ARTNA

Artesian Resources Corporation

UtilitiesElectric, Gas & Water
Ticker ARTNANEWARK, DEFiscal year ends DecemberBook value per share $24.81Diluted shares 10.3M

Artesian Resources Corporation (Nasdaq: ARTNA) is a holding company whose subsidiaries provide water, wastewater and related services across Delaware, Maryland and Pennsylvania. Its principal subsidiary, Artesian Water, distributes and sells water—including for fire protection—to residential, commercial, industrial,… From the company’s description.

Over the twelve months to Jun 30, 2026, Artesian Resources Corporation reported revenue of $116.94M, up 5.9% from a year earlier, and net income of $23.61M. Its operating margin was 25.0%, and operations generated $40.26M in cash. In fiscal 2025, it reported revenue of $112.94M, up 4.6% from fiscal 2024, and net income of $22.82M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$112.94MFY2025
+4.6% year over year
Last 12 mo $116.94M
24.60%FY2025
+0.4 percentage points
Last 12 mo 25.03%
$22.82MFY2025
+11.9% year over year
Last 12 mo $23.61M
9.13%FY2025
+0.6 percentage points
Last 12 mo 9.21%
Cash & financing
$40.35MFY2025
+9.6% year over year
Last 12 mo $40.26M
$-18.50MFY2025
−102.9% year over year
Last 12 mo $-18.18M
0.73FY2025
Was 0.75× a year earlier
Last 12 mo 0.72
10.3MFY2025
+0.2% year over year
Last 12 mo 10.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Artesian Resources Corporation does

In the company’s own words

Artesian Resources Corporation (Nasdaq: ARTNA) is a holding company whose subsidiaries provide water, wastewater and related services across Delaware, Maryland and Pennsylvania. Its principal subsidiary, Artesian Water, distributes and sells water—including for fire protection—to residential, commercial, industrial, governmental, municipal and utility customers, and provides contract operations to other water providers. The company also supplies regulated wastewater services in Delaware, designs and builds water and wastewater infrastructure, operates facilities under contract, and offers water and sewer service-line protection plans. Its regulated public utilities include water and wastewater businesses, while its non-utility subsidiaries provide development, contract-operation and infrastructure services and hold real estate. Artesian Water generated approximately 80.5% of consolidated operating revenue in 2025. At year-end 2025, the company operated with 274 employees and served customers through approximately 1,515 miles of water mains. Its principal water utility has served the Delmarva Peninsula since 1905; the holding company was incorporated in 1927. Its website is www.artesianwater.com.

Company details
Sector
Utilities
Industry (SIC)
Electric, Gas & Water
Headquarters
NEWARK, DE
Fiscal year end
December
CIK
863110
SIC
4941

Financial performance, year by year

Fiscal 2011–2025 · USD
$-11.69M$23.39M$58.47M$93.55M$128.64M201120122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Artesian Resources Corporation — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

77
funds hold it
0 of 35
superinvestors hold it
$56.64M
held by funds, at market

Largest fund holders · Artesian Resources Corporation’s weight in each

T. Rowe Price Small-Cap Value Fund, Inc.
PRSVX · T. ROWE PRICE SMALL-CAP VALUE FUND, INC.
0.18%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD UTILITIES INDEX FUND
VPU · VANGUARD WORLD FUND
—of fund net assets
North Star Dividend Fund
NSDVX · NORTHERN LIGHTS FUND TRUST II
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do Artesian Resources Corporation and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Artesian Resources Corporation's earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in Artesian Resources Corporation's last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.