Artesian Resources Corporation (ARTNA) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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ARTNA Revenue Growth
Revenue Breakdown (FY 2024)
ARTNA's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
ARTNA Revenue Analysis (2014–2025)
As of May 8, 2026, Artesian Resources Corporation (ARTNA) generated trailing twelve-month (TTM) revenue of $112.9 million, reflecting modest growth of +4.3% year-over-year. The most recent quarter (Q4 2025) recorded $28.0 million in revenue, down 8.1% sequentially.
Looking at the longer-term picture, ARTNA's 5-year compound annual growth rate (CAGR) stands at +5.1%, indicating steady revenue expansion. The company achieved its highest annual revenue of $112.9 million in 2025, representing a new all-time high.
Revenue diversification analysis shows ARTNA's business is primarily driven by Water Sales (82%), Other Utility Operating Revenue (12%), and Non-Utility Operating Revenue (6%). With over half of revenue concentrated in Water Sales, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including MSEX (+1.8% YoY), YORW (-124.4% YoY), and GWRS (+5.8% YoY), ARTNA has underperformed the peer group in terms of revenue growth. Compare ARTNA vs MSEX →
ARTNA Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| ARTNACurrent | $113M | +4.3% | +5.1% | 31.5% | |
 MSEX | $195M | +1.8% | +6.6% | 27.9% | |
 YORW | $77M | -124.4% | +7.5% | 35.8% | |
 GWRS | $56M | +5.8% | +7.6% | 12.8% | |
 AWR | $658M | +11.7% | +6.2% | 30.9% | |
 AWK | $5.1B | +8.1% | +6.4% | 36.6% |
ARTNA Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $112.9M | +4.6% | $42.0M | 37.2% | $35.6M | 31.5% |
| 2024 | $108.0M | +9.2% | $53.4M | 49.5% | $26.2M | 24.2% |
| 2023 | $98.9M | -0.0% | $48.2M | 48.8% | $22.4M | 22.7% |
| 2022 | $98.9M | +8.8% | $48.3M | 48.8% | $23.9M | 24.2% |
| 2021 | $90.9M | +3.1% | $45.5M | 50.1% | $22.3M | 24.5% |
| 2020 | $88.1M | +5.4% | $44.5M | 50.5% | $22.3M | 25.3% |
| 2019 | $83.6M | +4.0% | $41.1M | 49.2% | $19.9M | 23.8% |
| 2018 | $80.4M | -2.2% | $39.2M | 48.8% | $19.0M | 23.6% |
| 2017 | $82.2M | +4.0% | $41.2M | 50.1% | $19.6M | 23.8% |
| 2016 | $79.1M | +2.7% | $40.8M | 51.6% | $18.8M | 23.8% |
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Start ComparisonARTNA — Frequently Asked Questions
Quick answers to the most common questions about buying ARTNA stock.
Is ARTNA's revenue growth accelerating or slowing?
ARTNA revenue growth slowed to +4.3%, below the 5-year CAGR of +5.1%. TTM revenue is $113M. The deceleration marks a shift from historical growth rates.
What is ARTNA's long-term revenue growth rate?
Artesian Resources Corporation's 5-year revenue CAGR of +5.1% reflects the variable expansion pattern. Current YoY growth of +4.3% is near this long-term average.
How is ARTNA's revenue distributed by segment?
ARTNA reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.