Artesian Resources financials
$33.30+1.25%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $112.9M | $108.0M | $98.9M | $98.9M | $90.9M | $88.1M | $83.6M | $80.4M | $82.2M | $79.1M |
| Gross profit | $55.8M | $53.4M | $48.2M | $48.3M | $45.5M | $44.5M | $41.1M | $42.1M | $44.0M | $43.4M |
| Gross margin | 49.4% | 49.5% | 48.8% | 48.8% | 50.1% | 50.5% | 49.2% | 52.3% | 53.5% | 54.9% |
| Operating income | $35.6M | $33.5M | $28.8M | $29.8M | $28.0M | $28.0M | $25.1M | $23.9M | $26.9M | $18.8M |
| Net income | $22.8M | $20.4M | $16.7M | $18.0M | $16.8M | $16.8M | $14.9M | $14.3M | $14.0M | $13.0M |
| Net margin | 20.2% | 18.9% | 16.9% | 18.2% | 18.5% | 19.1% | 17.9% | 17.8% | 17.0% | 16.4% |
| Diluted EPS | $2.21 | $1.98 | $1.67 | $1.90 | $1.79 | $1.79 | $1.60 | $1.54 | $1.51 | $1.41 |
| EBITDA | $49.4M | $47.1M | $42.1M | $42.4M | $39.9M | $39.1M | $35.9M | $34.2M | $36.5M | $28.0M |
| Operating cash flow | $40.3M | $36.8M | $31.9M | $24.3M | $31.3M | $20.4M | $18.9M | $29.1M | $35.8M | $29.8M |
| Free cash flow | -$18.5M | -$9.1M | -$30.3M | -$24.2M | -$9.5M | -$13.9M | -$21.8M | -$19.9M | -$5.3M | $1.5M |
| Diluted shares | 10.3M | 10.3M | 10.0M | 9.5M | 9.4M | 9.4M | 9.3M | 9.3M | 9.2M | 9.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $52.0K | $1.1M | $2.5M | $1.3M | $92.0K | $28.0K |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $183.1M | $179.6M | $182.8M | $198.8M | $172.5M | $171.9M |
| Total assets | $851.2M | $798.6M | $766.8M | $719.8M | $624.7M | $593.2M |
| Total liabilities | $290.2M | $287.0M | $288.5M | $307.6M | $270.0M | $263.5M |
| Shareholders' equity | $561.0M | $511.6M | $478.3M | $412.2M | $354.7M | $329.7M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology