See more : Whirlpool Corporation (WHR.DE) Income Statement Analysis – Financial Results
Complete financial analysis of Artesian Resources Corporation (ARTNA) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Artesian Resources Corporation, a leading company in the Regulated Water industry within the Utilities sector.
You may be interested
- AFC Ajax NV (AJAX.AS) Income Statement Analysis – Financial Results
- Jian Sin Industrial Co., Ltd. (4502.TWO) Income Statement Analysis – Financial Results
- China Pacific Insurance (Group) Co., Ltd. (2601.HK) Income Statement Analysis – Financial Results
- China Construction Bank Corporation (CNCB.VI) Income Statement Analysis – Financial Results
- First Graphene Limited (FGR.AX) Income Statement Analysis – Financial Results
Artesian Resources Corporation (ARTNA)
About Artesian Resources Corporation
Artesian Resources Corporation, through its subsidiaries, provides water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The company distributes and sells water to residential, commercial, industrial, governmental, municipal, and utility customers, as well as for public and private fire protection in the states of Delaware, Maryland, and Pennsylvania; and offers wastewater collection, treatment infrastructure, and wastewater services to customers in Delaware. It also provides contract water and wastewater services; water, sewer, and internal service line protection plans; and wastewater management services, as well as design, construction, and engineering services. In addition, the company offers services to other water utilities, including operations and billing functions; owns real estate properties, including land for office buildings, a water treatment plant, and wastewater facility; and provides design, installation, maintenance, and repair services related to existing or proposed storm water management systems. As of December 31, 2021, it served approximately 91,700 customers in Delaware, 2,500 customers in Maryland, and 40 customers in Pennsylvania through 1,368 miles of transmission and distribution mains. Artesian Resources Corporation was founded in 1905 and is headquartered in Newark, Delaware.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 98.86M | 98.90M | 90.86M | 88.14M | 83.60M | 80.41M | 82.24M | 79.09M | 77.02M | 72.47M | 69.07M | 70.56M | 65.07M | 64.89M | 60.91M | 56.19M | 52.52M | 48.59M | 45.29M | 39.58M | 36.30M | 34.60M | 31.99M | 27.55M | 26.80M | 25.50M | 22.30M | 20.90M | 22.60M |
| Cost of Revenue | 50.63M | 50.62M | 45.36M | 43.62M | 42.50M | 41.21M | 41.05M | 38.26M | 38.45M | 37.09M | 36.63M | 36.22M | 35.45M | 34.71M | 32.37M | 0.00 | 0.00 | 2.42M | 0.00 | 0.00 | 0.00 | 18.33M | 543.00K | 15.40M | 14.69M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 48.23M | 48.28M | 45.50M | 44.53M | 41.09M | 39.20M | 41.18M | 40.83M | 38.57M | 35.38M | 32.44M | 34.35M | 29.62M | 30.17M | 28.54M | 56.19M | 52.52M | 46.17M | 45.29M | 39.58M | 36.30M | 16.26M | 31.44M | 12.15M | 12.11M | 25.50M | 22.30M | 20.90M | 22.60M |
| Gross Profit Ratio | 48.78% | 48.81% | 50.08% | 50.52% | 49.15% | 48.75% | 50.08% | 51.62% | 50.08% | 48.82% | 46.97% | 48.67% | 45.52% | 46.50% | 46.86% | 100.00% | 100.00% | 95.02% | 100.00% | 100.00% | 100.00% | 47.01% | 98.30% | 44.11% | 45.19% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 175.00K | 178.00K | 179.00K | 200.00K | 200.00K | 200.00K | 200.00K | 200.00K |
| Other Expenses | 25.78M | 18.49M | 17.47M | 16.55M | 15.99M | 953.00K | 226.00K | 557.00K | 472.00K | 524.00K | 548.00K | 713.00K | 15.89M | 15.90M | 14.90M | 39.85M | 36.62M | 32.91M | 31.30M | 26.82M | 25.38M | 23.42M | 22.22M | 19.54M | 18.40M | 17.70M | 16.30M | 15.50M | 17.60M |
| Operating Expenses | 25.78M | 18.49M | 17.47M | 16.55M | 15.99M | 15.26M | 14.29M | 13.68M | 13.21M | 12.96M | 12.37M | 11.88M | 15.89M | 15.90M | 14.90M | 39.85M | 36.62M | 32.91M | 31.30M | 26.82M | 25.38M | 23.60M | 22.40M | 19.72M | 18.60M | 17.90M | 16.50M | 15.70M | 17.80M |
| Cost & Expenses | 76.42M | 69.11M | 62.83M | 60.16M | 58.49M | 56.47M | 55.34M | 51.94M | 51.66M | 50.04M | 49.00M | 48.09M | 51.33M | 50.62M | 47.27M | 39.85M | 36.62M | 32.91M | 31.30M | 26.82M | 25.38M | 23.60M | 22.40M | 19.72M | 18.60M | 17.90M | 16.50M | 15.70M | 17.80M |
| Interest Income | 0.00 | 8.50M | 7.59M | 7.62M | 7.02M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 9.16M | 8.50M | 7.59M | 7.62M | 7.02M | 6.25M | 6.18M | 6.64M | 7.00M | 7.39M | 7.06M | 7.05M | 7.29M | 7.30M | 7.22M | 6.61M | 6.31M | 6.34M | 6.12M | 5.94M | 4.89M | 4.39M | 4.54M | 4.06M | 6.28M | 3.20M | 0.00 | 2.50M | 2.80M |
| Depreciation & Amortization | 13.34M | 12.62M | 11.89M | 11.14M | 10.80M | 10.29M | 9.56M | 9.19M | 8.84M | 8.67M | 8.25M | 7.93M | 7.41M | 7.03M | 6.56M | 5.78M | 5.16M | 4.61M | 4.36M | 4.05M | 3.64M | 3.24M | 2.85M | 2.54M | 2.30M | 2.10M | 2.20M | 2.30M | 2.40M |
| EBITDA | 42.13M | 42.40M | 39.92M | 39.12M | 35.91M | 34.23M | 36.45M | 36.34M | 34.20M | 31.09M | 28.32M | 31.11M | 20.85M | 20.65M | 19.37M | 17.69M | 21.06M | 20.29M | 18.06M | 16.64M | 14.55M | 14.39M | 12.50M | 10.54M | 10.50M | 9.70M | 8.00M | 7.50M | 7.20M |
| EBITDA Ratio | 42.61% | 44.16% | 45.36% | 45.49% | 43.69% | 43.76% | 44.60% | 46.65% | 45.02% | 43.63% | 41.80% | 44.09% | 32.04% | 31.83% | 31.79% | 38.71% | 39.19% | 41.10% | 39.88% | 42.05% | 39.96% | 40.50% | 39.09% | 38.09% | 38.81% | 38.04% | 35.87% | 35.89% | 31.86% |
| Operating Income | 22.45M | 23.91M | 22.29M | 22.30M | 19.93M | 18.96M | 19.60M | 18.82M | 17.58M | 16.05M | 14.48M | 15.86M | 13.74M | 14.27M | 13.65M | 16.33M | 15.90M | 15.68M | 13.99M | 12.77M | 10.92M | 11.00M | 9.59M | 7.83M | 8.20M | 7.60M | 5.80M | 5.20M | 4.80M |
| Operating Income Ratio | 22.70% | 24.17% | 24.54% | 25.29% | 23.84% | 23.57% | 23.83% | 23.79% | 22.83% | 22.14% | 20.97% | 22.47% | 21.11% | 21.99% | 22.40% | 29.07% | 30.27% | 32.28% | 30.89% | 32.25% | 30.08% | 31.79% | 29.97% | 28.42% | 30.60% | 29.80% | 26.01% | 24.88% | 21.24% |
| Total Other Income/Expenses | 601.00K | -30.00K | 270.00K | 206.00K | 181.00K | 314.00K | 1.68M | 2.47M | 1.51M | -165.00K | -595.00K | 607.00K | -6.99M | -6.65M | 835.00K | -1.06M | -5.50M | -5.72M | -5.61M | -5.47M | -4.61M | -4.01M | -4.08M | -3.76M | -3.20M | -3.10M | -2.60M | -2.40M | -2.80M |
| Income Before Tax | 23.05M | 23.88M | 22.56M | 22.50M | 20.11M | 19.27M | 21.28M | 21.29M | 19.09M | 15.88M | 13.89M | 16.46M | 14.04M | 14.92M | 14.48M | 10.85M | 10.40M | 9.96M | 8.38M | 7.29M | 6.30M | 6.99M | 5.51M | 4.07M | 5.00M | 4.50M | 3.20M | 2.80M | 2.00M |
| Income Before Tax Ratio | 23.31% | 24.14% | 24.83% | 25.53% | 24.05% | 23.96% | 25.87% | 26.91% | 24.78% | 21.92% | 20.11% | 23.33% | 21.57% | 22.99% | 23.77% | 19.30% | 19.79% | 20.50% | 18.51% | 18.43% | 17.37% | 20.21% | 17.21% | 14.77% | 18.66% | 17.65% | 14.35% | 13.40% | 8.85% |
| Income Tax Expense | 6.35M | 5.88M | 5.74M | 5.68M | 5.18M | 4.99M | 7.30M | 8.33M | 7.78M | 6.38M | 5.59M | 6.62M | 6.99M | 6.65M | 6.38M | 4.43M | 4.13M | 3.89M | 3.35M | 2.89M | 2.39M | 2.83M | 2.18M | 1.62M | 2.00M | 1.80M | 1.20M | 1.10M | 800.00K |
| Net Income | 16.70M | 18.00M | 16.83M | 16.82M | 14.93M | 14.28M | 13.98M | 12.95M | 11.31M | 9.51M | 8.30M | 9.85M | 6.75M | 7.62M | 7.26M | 6.42M | 6.26M | 6.07M | 5.04M | 4.40M | 3.92M | 4.17M | 3.32M | 2.45M | 3.00M | 2.70M | 2.00M | 1.70M | 1.20M |
| Net Income Ratio | 16.89% | 18.20% | 18.52% | 19.08% | 17.85% | 17.76% | 17.00% | 16.38% | 14.68% | 13.12% | 12.02% | 13.95% | 10.37% | 11.74% | 11.92% | 11.42% | 11.92% | 12.50% | 11.12% | 11.12% | 10.79% | 12.04% | 10.38% | 8.90% | 11.19% | 10.59% | 8.97% | 8.13% | 5.31% |
| EPS | 1.67 | 1.90 | 1.79 | 1.80 | 1.61 | 1.55 | 1.52 | 1.42 | 1.26 | 1.07 | 0.95 | 1.14 | 0.83 | 1.01 | 0.97 | 0.87 | 0.92 | 1.00 | 0.84 | 0.75 | 0.66 | 0.78 | 0.71 | 0.53 | 0.66 | 0.65 | 0.48 | 0.47 | 0.47 |
| EPS Diluted | 1.67 | 1.90 | 1.79 | 1.80 | 1.60 | 1.54 | 1.51 | 1.41 | 1.26 | 1.07 | 0.94 | 1.13 | 0.83 | 1.00 | 0.97 | 0.86 | 0.90 | 0.97 | 0.81 | 0.72 | 0.64 | 0.76 | 0.70 | 0.52 | 0.65 | 0.64 | 0.48 | 0.47 | 0.47 |
| Weighted Avg Shares Out | 10.02M | 9.46M | 9.39M | 9.33M | 9.28M | 9.24M | 9.18M | 9.10M | 8.96M | 8.88M | 8.77M | 8.67M | 8.12M | 7.56M | 7.45M | 7.35M | 6.79M | 6.06M | 5.98M | 5.87M | 5.82M | 5.30M | 4.58M | 4.52M | 4.41M | 4.04M | 3.99M | 3.39M | 2.33M |
| Weighted Avg Shares Out (Dil) | 10.02M | 9.48M | 9.43M | 9.37M | 9.33M | 9.29M | 9.24M | 9.16M | 9.01M | 8.93M | 8.84M | 8.72M | 8.16M | 7.62M | 7.51M | 7.43M | 6.94M | 6.24M | 6.18M | 6.11M | 5.99M | 5.42M | 4.67M | 4.60M | 4.49M | 4.09M | 3.99M | 3.39M | 2.33M |
Here's Why "Trend" Investors Would Love Betting on Artesian Resources (ARTNA)
Artesian Resources (ARTNA) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
Dividend Increases: September 18-24, 2021
In this article series, we provide a weekly summary of dividend changes. A summary table provides relevant data and key statistics of dividend increases.
Dividend Champion And Contender Highlights: Week Of September 26
A weekly summary of dividend activity for Dividend Champions and Contenders.
Artesian Resources Corporation Announces 2.5% Increase in Quarterly Common Stock Dividend Marking a 4% Increase this Year
NEWARK, Del., Sept. 22, 2021 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has approved a 2.5% increase in the quarterly common stock dividend, for a total increase of 4% this year. This...
Artesian Resources Corporation to Participate in Janney Virtual Water Utilities Conference
NEWARK, Del., Sept. 13, 2021 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ: ARTNA) has announced that Nicholle R. Taylor, Senior Vice President of Artesian Resources Corporation and President of Artesian Water Company, Inc., and David B. Spacht, Chief Financial Officer...
Artesian Wastewater Management, Inc. to Acquire Tidewater Environmental Services, Inc.
NEWARK, Del., Aug. 30, 2021 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (NASDAQ: ARTNA) today announced that its wholly-owned subsidiary, Artesian Wastewater Management, Inc., has agreed to acquire Tidewater Environmental Services, Inc. (TESI), a Delaware based regulated wastewater utility owned by...
Artesian Resources Corporation Reports Year-to-Date and Second Quarter 2021 Results
NEWARK, Del., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA), a leading provider of water and wastewater services, and related services, on the Delmarva Peninsula, today announced second quarter and year-to-date results for 2021.
Nicholle R. Taylor Named President of Artesian Water Company, Inc.
NEWARK, Del., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that Nicholle R. Taylor was appointed President of Artesian Water Company, Inc., its principal wholly-owned subsidiary effective August 16, 2021.
Artesian Wastewater Management, Inc. Commences Operation of Its Sussex Regional Water Recharge Facility
NEWARK, Del., June 24, 2021 (GLOBE NEWSWIRE) -- Artesian Wastewater Management, Inc. (Artesian) began accepting treated effluent from Allen Harim today, commencing full operation of Artesian's Sussex Regional Recharge Facility (SRRF). Over the past four years, Artesian made extensive and...
Artesian Resources Corporation Declares Common Stock Dividend
NEWARK, Del., June 23, 2021 (GLOBE NEWSWIRE) -- Artesian Resources Corporation (Nasdaq: ARTNA) announced today that its Board of Directors has declared a regular quarterly dividend on the company's Class A and Class B Common Stock. The quarterly dividend of...
Source: https://incomestatements.info
Category: Stock Reports