Artesian Resources (ARTNA) revenue breakdown

Utilities · Utilities - Regulated Water · Market cap $336M

By segment, Regulated Utility is the largest at 93% of fiscal 2023 revenue; Other (non-utility) grew fastest, 9% a year over 3 years.

By product, Water Sales is the largest at 80% of fiscal 2025 revenue; Other Utility Operating Revenue grew fastest, 16% a year over 9 years.

Revenue by segment

Fiscal years, as Artesian Resources reports them in its 10-K filings; fiscal 2023 total $99M.

Segments2020202120222023Share
Regulated Utility$83M$85M$90M$92M 93%
Other (non-utility)$5M$6M$9M$7M 7%

Revenue by product

Fiscal years, as Artesian Resources reports them in its 10-K filings; fiscal 2025 total $113M.

Products2016201720182019202020212022202320242025Share
Water Sales$71M$73M$71M$74M$76M$78M$78M$80M$88M$91M 80%
Other Utility Operating Revenue$4M$4M$4M$5M$7M$7M$12M$12M$13M$15M 13%
Non-Utility Operating Revenue$5M$5M$5M$5M$5M$6M$9M$7M$7M$7M 7%
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Questions

Where does Artesian Resources make its money?

In fiscal 2023, by segment: Regulated Utility $92M, Other (non-utility) $7M.

From Artesian Resources's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.