Price (delayed)
$36.41
Market cap
$374.86M
P/E Ratio
20.46
Dividend/share
$1.17
EPS
$1.78
Enterprise value
$548.9M
Artesian Resources Corporation operates as a holding company of wholly-owned subsidiaries offering water and wastewater services, and related services, on the Delmarva Peninsula. Artesian Water Company, the principal subsidiary, is
Highlights
The stock's P/E is 14% below its 5-year quarterly average of 23.9 and 12% below its last 4 quarters average of 23.3
The company's net income rose by 10% YoY and by 5% QoQ
The company's quick ratio rose by 16% YoY but it fell by 9% QoQ
Key stats
What are the main financial stats of ARTNA
Market
Valuations
Earnings
Shares outstanding
10.3M
Market cap
$374.86M
Enterprise value
$548.9M
Price to earnings (P/E)
20.46
Price to book (P/B)
1.6
Price to sales (P/S)
3.64
EV/EBIT
16.1
EV/EBITDA
11.46
EV/Sales
5.33
Revenue
$103.07M
EBIT
$34.09M
EBITDA
$47.88M
Free cash flow
-$11.5M
Per share
Balance sheet
Liquidity
EPS
$1.78
Free cash flow per share
-$1.12
Book value per share
$22.79
Revenue per share
$10.01
TBVPS
$75.9
Total assets
$783.13M
Total liabilities
$548.72M
Debt
$180.29M
Equity
$234.42M
Working capital
$6.71M
Debt to equity
0.77
Current ratio
1.3
Quick ratio
0.92
Net debt/EBITDA
3.64
Margins
Efficiency
Dividend
EBITDA margin
46.5%
Gross margin
43.6%
Net margin
17.7%
Operating margin
30.2%
Return on assets
2.4%
Return on equity
7.9%
Return on invested capital
3.7%
Return on capital employed
4.5%
Return on sales
33.1%
Dividend yield
3.21%
DPS
$1.17
Payout ratio
65.7%
ARTNA stock price
How has the Artesian Resources stock price performed over time
Intraday
-0.41%
1 week
0.83%
1 month
-0.25%
1 year
-20.5%
YTD
-12.16%
QTD
3.56%
Financial performance
How have Artesian Resources's revenue and profit performed over time
Revenue
$103.07M
Gross profit
$44.95M
Operating income
$31.16M
Net income
$18.29M
Gross margin
43.6%
Net margin
17.7%
The company's net income rose by 10% YoY and by 5% QoQ
ARTNA's operating income is up by 10% YoY and by 4.5% QoQ
ARTNA's gross profit is up by 9% year-on-year and by 3.6% since the previous quarter
Artesian Resources's operating margin has increased by 6% YoY and by 2.4% QoQ
Growth
What is Artesian Resources's growth rate over time
Valuation
What is Artesian Resources stock price valuation
P/E
20.46
P/B
1.6
P/S
3.64
EV/EBIT
16.1
EV/EBITDA
11.46
EV/Sales
5.33
The stock's P/E is 14% below its 5-year quarterly average of 23.9 and 12% below its last 4 quarters average of 23.3
The company's EPS rose by 4.7% QoQ and by 3.5% YoY
The price to book (P/B) is 27% lower than the 5-year quarterly average of 2.2 and 6% lower than the last 4 quarters average of 1.7
ARTNA's equity is up by 3.1% year-on-year
The P/S is 15% lower than the 5-year quarterly average of 4.3 and 9% lower than the last 4 quarters average of 4.0
The revenue has grown by 3.6% YoY and by 2.1% from the previous quarter
Efficiency
How efficient is Artesian Resources business performance
The ROE is down by 6% year-on-year but it is up by 3.9% since the previous quarter
The company's return on assets rose by 4.3% QoQ and by 4.3% YoY
The company's return on sales rose by 4.4% YoY
The ROIC has grown by 2.8% from the previous quarter and by 2.8% YoY
Dividends
What is ARTNA's dividend history
DPS
$1.17
Dividend yield
3.21%
Payout ratio
65.7%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Artesian Resources financials performed over time
Artesian Resources's total assets is 43% higher than its total liabilities
The company's quick ratio rose by 16% YoY but it fell by 9% QoQ
ARTNA's current ratio is down by 8% since the previous quarter but it is up by 7% year-on-year
ARTNA's debt is 23% smaller than its equity
ARTNA's equity is up by 3.1% year-on-year
The debt to equity has decreased by 2.5% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.