Stocktoria

ARTESIAN RESOURCES CORP ARTNA

Nasdaq · stock · Water Supply · website · IPO 1994-04-04

ARTESIAN RESOURCES CORP statistics & valuation

Market cap$347.4M
P / E15.2×
P / S3.1×
P / B1.4×
Dividend yield3.65%
Net margin20.2%
Return on equity9.1%
FCF margin-16.4%
Net debt$176.4M
Net debt / EBITDA4.2×
Enterprise value USD$523.7M
EV / EBITDA12.6×
Earnings yield EBIT/EV5.3%
Return on capital3.4%
Graham number -1%$34.72

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($34.72); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
16.40% 17.00% 17.80% 17.90% 19.10% 18.50% 18.20% 16.90% 18.90% 20.20% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
23.80% 23.80% 23.60% 23.80% 25.30% 24.50% 24.20% 22.70% 24.20% 24.60% 2016201720182019202020212022202320242025
Return on equity (%)
9.30% 9.50% 9.30% 9.30% 9.90% 9.50% 9.60% 7.20% 8.50% 9.10% 2016201720182019202020212022202320242025
Shares outstanding
9.2M 9.2M 9.3M 9.3M 9.4M 9.4M 9.5M 10.0M 10.3M 10.3M 2016201720182019202020212022202320242025
Net debt ($)
$103.4M $106.0M $117.3M $145.3M $144.1M $144.8M $176.3M $178.0M $177.5M $176.4M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
2.90% 2.80% 2.70% 2.70% 2.80% 2.70% 2.50% 2.20% 2.60% 2.70% 2016201720182019202020212022202320242025
Free cash flow margin (%)
1.90% -6.50% -24.80% -26.10% -15.80% -10.50% -24.50% -30.70% -8.40% -16.40% 2016201720182019202020212022202320242025
Debt / equity (×)
0.75× 0.73× 0.77× 0.91× 0.85× 0.81× 0.95× 0.78× 0.75× 0.71× 2016201720182019202020212022202320242025
EPS ($)
$1.41 $1.51 $1.54 $1.60 $1.79 $1.79 $1.90 $1.67 $1.98 $2.21 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

ARTESIAN RESOURCES CORP trades at about 15.9× earnings — below its 10-year norm (10-year range 15.1×–31×, median 23×).

15.1× 31×

Shaded band = 10-year range (15.1×–31×); dot = today's 15.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin24.6%24.2%22.7%24.2%24.5%25.3%23.8%23.6%23.8%23.8%
Net margin20.2%18.9%16.9%18.2%18.5%19.1%17.9%17.8%17.0%16.4%
FCF margin-16.4%-8.4%-30.7%-24.5%-10.5%-15.8%-26.1%-24.8%-6.5%1.9%
Return on assets2.7%2.6%2.2%2.5%2.7%2.8%2.7%2.7%2.8%2.9%
Return on equity9.1%8.5%7.2%9.6%9.5%9.9%9.3%9.3%9.5%9.3%
Debt / equity0.71×0.75×0.78×0.95×0.81×0.85×0.91×0.77×0.73×0.75×
Current ratio0.640.961.370.630.400.400.550.430.670.76

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.