# Artesian Resources Corporation Class A Common Stock (ARTNA)

**Exchange:** NASDAQ  
**Sector:** Utilities  
**Market cap:** $341M  
**Price:** $33.06 (+0.24%)

> Artesian Resources Corporation Class A Common Stock represents ownership in a holding company that operates as a leading provider of water and wastewater services on the Delmarva Peninsula, serving customers in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, including for public and private fire protection. It also offers wastewater collection, treatment infrastructure, and related services primarily in Delaware. Additional operations include contract water and wastewater services, service line protection plans for water, sewer, and internal lines, wastewater management, and design, construction, and engineering services. These regulated utility activities form the core of its business, supplemented by non-utility segments focused on water resource management for developers and government entities. Founded in 1905 and headquartered in Newark, Delaware, Artesian Resources Corporation plays a vital role in ensuring reliable essential services across its regional markets.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $113M | — | $28M | $23M | — |
| 2024 | $108M | — | $26M | $20M | — |
| 2023 | $99M | — | $22M | $17M | — |
| 2022 | $99M | — | $24M | $18M | — |
| 2021 | $91M | — | $22M | $17M | — |
| 2020 | $88M | — | $22M | $17M | — |
| 2019 | $84M | — | $20M | $15M | — |
| 2018 | $80M | — | $19M | $14M | — |
| 2017 | $82M | — | $20M | $14M | — |
| 2016 | $79M | — | $19M | $13M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $851M | $601M | $250M | $52,000 | $176M |
| 2024 | $799M | $559M | $239M | $1M | $179M |
| 2023 | $767M | $536M | $230M | $3M | $181M |
| 2022 | $720M | $532M | $188M | $1M | $178M |
| 2021 | $625M | $447M | $178M | $92,000 | $145M |
| 2020 | $593M | $424M | $169M | $28,000 | $144M |
| 2019 | $560M | $400M | $160M | $596,000 | $146M |
| 2018 | $530M | $377M | $153M | $293,000 | $118M |
| 2017 | $495M | $348M | $147M | $952,000 | $107M |
| 2016 | $451M | $312M | $139M | $226,000 | $104M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $40M | $59M | -$18M |
| 2024 | $37M | $46M | -$9M |
| 2023 | $32M | $62M | -$30M |
| 2022 | $24M | $48M | -$24M |
| 2021 | $31M | $41M | -$10M |
| 2020 | $20M | $34M | -$14M |
| 2019 | $19M | $41M | -$22M |
| 2018 | $29M | $49M | -$20M |
| 2017 | $36M | $41M | -$5M |
| 2016 | $30M | $28M | $2M |
| 2015 | $28M | $21M | $8M |
| 2013 | $21M | $21M | -$166,000 |
| 2012 | $23M | $21M | $3M |
| 2011 | $19M | $16M | $3M |
| 2010 | $18M | $20M | -$2M |

Source: [CompaniesByCap](https://companiesbycap.com/company/ARTNA)