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ARTNA ARTESIAN RESOURCES CORP

Trailing twelve months to 2026-06-30 · as filed 2026-08-12, not restated
Utilities

Scale

Market cap
$370m
Revenue TTM
$117m
Net income TTM
$24m
Free cash flow
$-18m
Composite score
51.8
Sector rank
#2551

Valuation

P / E
15.7
EV / EBITDA
12.5
EV / sales
4.6
FCF yield
-4.92%
Earnings yield vs 10-yr
1.65pp

Earnings yield vs 10-yr compares what the business earns per pound invested against the 4.73% a 10-year US Treasury note pays for no equity risk. Negative means you are paying up front for growth not yet delivered.

Quality and growth

Net margin
20.2%
EBITDA margin
37.0%
ROE
9.2%
ROIC
6.8%
Revenue growth
5.9%

Insider activity, last 90 days

Net open-market
$-0.28m
Buyers
0
Sellers
1

Open-market purchases and sales only. Grants, option exercises, gifts and shares withheld for tax are excluded: they are how people are paid, not what they think.

What management said

Increases in the number of customers contribute to increases, or help to offset any intermittent decreases, in our operating revenue. On April 4, 2025, Artesian Water filed a request with the DEPSC to implement new rates to meet a requested increase in revenue of 12.41%, or approximately $10.8 million, on an annualized basis. Supplemental and rebuttal filings were subsequently filed, reducing the requested increase to 10.2%, or approximately $9.0 million, on an annualized basis. We believe we have a proven ability to acquire and integrate high growth, reputable entities, through which we have captured additional service territories that will serve as a base for future revenue. …ARTESIAN RESOURCES CORP, 10-Q, period ended 2026-06-30, filed 2026-08-12

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