Artesian Resources Corp. (ARTNA)
Nasdaq · Water Supply · Transportation, communications and utilities · CIK 863110 · fiscal year ends in Dec
Closing price $33.59 on 30 Oct 2026; 52-week range $30.50 to $36.69.
Key figures
The last twelve months reported, with the latest price and balance sheet.
- Revenue, last twelve months
- $116.9M
- Revenue growth
- 5.9%
- Net income, last twelve months
- $23.6M
- Earnings per share
- $2.28
- Operating margin
- 25.0%
- Net margin
- 20.2%
- Free cash flow
- -$18.2M
- Return on equity
- 9.2%
- Market value
- $346.9M
- Price to earnings
- 14.7x
- Dividend yield
- 3.7%
- Cash
- $9.8M
- Debt
- $185.1M
- Debt to equity
- 0.72
Financial statements
Revenue, profit and cash flow by fiscal year, each year linked to its annual report.
| Fiscal year | Year end | Revenue | Operating income | Net income | EPS | Free cash flow | Filing |
|---|---|---|---|---|---|---|---|
| FY2025 | 31 Dec 2025 | $112.9M | $27.8M | $22.8M | $2.21 | -$18.5M | 10-K filed 16 Mar 2026 |
| FY2024 | 31 Dec 2024 | $108.0M | $26.2M | $20.4M | $1.98 | -$9.1M | 10-K filed 26 Mar 2025 |
| FY2023 | 31 Dec 2023 | $98.9M | $22.4M | $16.7M | $1.67 | -$30.3M | 10-K filed 18 Mar 2024 |
| FY2022 | 31 Dec 2022 | $98.9M | $23.9M | $18.0M | $1.90 | -$24.2M | 10-K filed 10 Mar 2023 |
| FY2021 | 31 Dec 2021 | $90.9M | $22.3M | $16.8M | $1.79 | -$9.5M | 10-K filed 11 Mar 2022 |
By quarter
| Quarter | Quarter end | Revenue | Net income | EPS |
|---|---|---|---|---|
| Q2 FY2026 | 30 Jun 2026 | $30.7M | $6.6M | $0.64 |
| Q1 FY2026 | 31 Mar 2026 | $27.8M | $5.9M | $0.57 |
| Q4 FY2025 | 31 Dec 2025 | $28.0M | $4.1M | $0.39 |
| Q3 FY2025 | 30 Sep 2025 | $30.5M | $7.0M | $0.68 |
| Q2 FY2025 | 30 Jun 2025 | $28.5M | $6.3M | $0.61 |
| Q1 FY2025 | 31 Mar 2025 | $25.9M | $5.4M | $0.53 |
| Q4 FY2024 | 31 Dec 2024 | $26.9M | $3.8M | $0.37 |
| Q3 FY2024 | 30 Sep 2024 | $29.1M | $6.8M | $0.66 |
Revenue by segment
As the company reports it in the segment note of its annual report.
By business, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Regulated Utility | $105.5M | 93.2% |
| Other Operating Segment | $7.7M | 6.8% |
By product, FY2025
| Segment | Revenue | Share |
|---|---|---|
| Water Sales | $90.9M | 80.5% |
| Other Utility Operating Revenue | $14.6M | 12.9% |
| Non-Utility Operating Revenue | $7.4M | 6.6% |
Company events
The newest 8-K filings of 125 held.
| Filed | Form | Event | Items |
|---|---|---|---|
| 7 Aug 2026 | 8-K | Results | 2.02, 9.01 |
| 7 May 2026 | 8-K | Shareholder vote | 5.07 |
| 6 May 2026 | 8-K | Results | 2.02, 9.01 |
| 13 Mar 2026 | 8-K | Results | 2.02, 9.01 |
| 3 Nov 2025 | 8-K | Leadership change, Shareholder vote | 5.02, 5.07, 9.01 |
| 31 Oct 2025 | 8-K | Results | 2.02, 9.01 |
| 5 Aug 2025 | 8-K | Results | 2.02, 9.01 |
| 1 Jul 2025 | 8-K | Leadership change | 5.02, 9.01 |
| 5 Jun 2025 | 8-K | Delisting notice | 3.01 |
| 8 May 2025 | 8-K | Leadership change, Shareholder vote | 5.02, 5.07 |
| 6 May 2025 | 8-K | Results | 2.02, 9.01 |
| 7 Apr 2025 | 8-K | Investor update, Other events | 7.01, 8.01 |
Every filing
The newest filings with the SEC of 358 held.
| Filed | Form | Period |
|---|---|---|
| 12 Aug 2026 | 10-Q | 30 Jun 2026 |
| 7 Aug 2026 | 8-K | 6 Aug 2026 |
| 29 Jun 2026 | 11-K/A | 31 Dec 2025 |
| 25 Jun 2026 | 11-K | 31 Dec 2025 |
| 8 May 2026 | 10-Q | 31 Mar 2026 |
| 7 May 2026 | 8-K | 6 May 2026 |
| 6 May 2026 | 8-K | 5 May 2026 |
| 1 Apr 2026 | 10-K/A | 31 Dec 2025 |
| 16 Mar 2026 | 10-K | 31 Dec 2025 |
| 13 Mar 2026 | 8-K | 12 Mar 2026 |
| 7 Nov 2025 | 10-Q | 30 Sep 2025 |
| 3 Nov 2025 | 8-K | 30 Oct 2025 |
Insider trades
Form 4 trades by officers, directors and 10% owners, last 12 months.
| Traded | Insider | Type | Shares | Price | Value | Held after | Form 4 |
|---|---|---|---|---|---|---|---|
| 17 Sep 2026 | Taylor Dian C, Director | Sale outside a trading plan | 2,000 | $35.29 | $70.6K | 21,073 | 17 Sep 2026 |
| 16 Sep 2026 | Taylor Dian C, Director | Sale outside a trading plan | 2,000 | $35.05 | $70.1K | 23,073 | 17 Sep 2026 |
| 3 Sep 2026 | Taylor Dian C, Director | Sale outside a trading plan | 2,000 | $36.11 | $72.2K | 24,949 | 4 Sep 2026 |
| 2 Sep 2026 | Taylor Dian C, Director | Sale outside a trading plan | 1,124 | $36.00 | $40.5K | 26,949 | 4 Sep 2026 |
| 31 Aug 2026 | Taylor Dian C, Director | Sale outside a trading plan | 2,000 | $35.50 | $71.0K | 28,073 | 1 Sep 2026 |
| 28 Aug 2026 | Taylor Dian C, Director | Sale outside a trading plan | 2,000 | $35.50 | $71.0K | 30,073 | 31 Aug 2026 |
| 25 Aug 2026 | Taylor Dian C, Director | Sale outside a trading plan | 2,000 | $35.68 | $71.4K | 32,073 | 27 Aug 2026 |
| 20 Aug 2026 | Taylor Dian C, Director | Sale outside a trading plan | 2,000 | $35.30 | $70.6K | 34,073 | 21 Aug 2026 |
| 18 Aug 2026 | Taylor Dian C, Director | Sale outside a trading plan | 2,000 | $35.00 | $70.0K | 36,073 | 18 Aug 2026 |
| 17 Aug 2026 | Taylor Dian C, Director | Sale outside a trading plan | 2,000 | $35.01 | $70.0K | 38,073 | 18 Aug 2026 |
| 23 Mar 2026 | Taylor Dian C, Director | Sale outside a trading plan | 1,000 | $31.25 | $31.3K | 103,021 | 23 Mar 2026 |
| 20 Mar 2026 | Taylor Dian C, Director | Sale outside a trading plan | 2,000 | $31.00 | $62.0K | 104,021 | 20 Mar 2026 |
Planned insider sales
Form 144 notices, filed when the sell order goes to the broker.
| Filed | Seller | Shares | Value | Planned sale |
|---|---|---|---|---|
| 14 Sep 2026 | Dian C. Taylor, Director, Officer | 14,000 | $496.9K | 14 Sep 2026 |
| 14 Aug 2026 | Dian Taylor, Director | 15,000 | $533.5K | 14 Aug 2026 |
| 23 Mar 2026 | Dian C. Taylor Revocable Trust, Director | 1,000 | $31.1K | 23 Mar 2026 |
| 20 Mar 2026 | Dian C. Taylor Revocable Trust DTD 05/20/2004 Dian C. Taylor TTEE, Director | 2,000 | $61.6K | 20 Mar 2026 |
| 19 Mar 2026 | Dian Taylor, Director | 2,000 | $61.6K | 19 Mar 2026 |
| 19 Dec 2025 | Dian Taylor, Director, Board Member, Former President and CEO | 4,448 | $144.5K | 19 Dec 2025 |
Large holders
Schedule 13D and 13G filings by holders of more than 5% of the voting shares.
| Filed | Holder | Schedule | Stake | Shares |
|---|---|---|---|---|
| 7 Apr 2026 | BlackRock, Inc. | 13G amended | 1.7% | 164.2K |
| 26 Mar 2026 | The Vanguard Group | 13G amended | 0% | 0 |
| 6 Feb 2026 | BlackRock, Inc. | 13G amended | 10.2% | 961.1K |
Short interest
Shares sold short and not yet bought back, on each FINRA settlement date.
| Settlement | Shares short | Change | Days to cover |
|---|---|---|---|
| 15 Oct 2026 | 48.2K | +15.09% | 1.84 |
| 30 Sep 2026 | 41.9K | -22.29% | 1.29 |
| 15 Sep 2026 | 53.9K | -14.63% | 1.93 |
| 31 Aug 2026 | 63.1K | +26.15% | 2.15 |
| 14 Aug 2026 | 50.1K | -45.33% | 1.6 |
| 31 Jul 2026 | 91.6K | +6.24% | 2.9 |
| 15 Jul 2026 | 86.2K | -36.61% | 2.79 |
| 30 Jun 2026 | 136.0K | +43.47% | 3.27 |
Funds that hold it
From each fund's latest Form 13F.
120 funds held it at 30 Jun 2026: 57 added and 32 trimmed in the quarter. The largest:
| Fund | Shares | Value | Change in the quarter |
|---|---|---|---|
| T. Rowe Price Investment Management, Inc. | 912,196 | $31.0M | +4,468 |
| Vanguard Capital Management LLC | 399,333 | $13.6M | +10,874 |
| Renaissance Technologies LLC | 301,156 | $10.2M | -19,300 |
| BlackRock, Inc. | 209,332 | $7.1M | +38,635 |
| Morgan Stanley | 207,593 | $7.1M | +11,651 |
| Adage Capital Partners GP, L.l.c. | 200,000 | $6.8M | 0 |
| Dimensional Fund Advisors LP | 192,235 | $6.5M | +2,318 |
| Two Sigma Investments, LP | 183,038 | $6.2M | +15,573 |
| Kestra Advisory Services, LLC | 165,267 | $5.6M | -1,176 |
| Prospera Financial Services Inc | 156,992 | $5.3M | -895 |
Peers
Companies in the same industry.
- American Water Works Company, Inc. (AWK): revenue $5.3B, market value $28.8B
- Essential Utilities, Inc. (WTRG): revenue $2.6B, market value $12.4B
- American States Water Co. (AWR): revenue $697.5M, market value $3.4B
- California Water Service Group (CWT): revenue $1.0B, market value $3.0B
- H2O America (HTO): revenue $838.2M, market value $2.9B
- Middlesex Water Co. (MSEX): revenue $212.3M, market value $1.1B
- York Water Co. (YORW): revenue $83.4M, market value $513.2M
- Consolidated Water Co. Ltd. (CWCO): revenue $127.6M, market value $430.6M
- Cadiz Inc. (CDZI): revenue $11.8M, market value $383.8M
- Pure Cycle Corp. (PCYO): revenue $33.7M, market value $257.8M