Artesian Resources (ARTNA) Revenue & Revenue Breakdown
Artesian Resources Revenue Highlights
Latest Revenue (Y)
$98.86M
Latest Revenue (Q)
$27.42M
Main Segment (Y)
Water Sales
Artesian Resources Revenue by Period
Artesian Resources Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $98.86M | -0.04% |
| 2022-12-31 | $98.90M | 8.85% |
| 2021-12-31 | $90.86M | 3.08% |
| 2020-12-31 | $88.14M | 5.44% |
| 2019-12-31 | $83.59M | 3.96% |
| 2018-12-31 | $80.41M | -2.22% |
| 2017-12-31 | $82.23M | 3.98% |
| 2016-12-31 | $79.09M | 2.68% |
| 2015-12-31 | $77.02M | 6.29% |
| 2014-12-31 | $72.47M | 4.91% |
| 2013-12-31 | $69.07M | -2.11% |
| 2012-12-31 | $70.56M | 8.44% |
| 2011-12-31 | $65.07M | 0.29% |
| 2010-12-31 | $64.89M | 6.52% |
| 2009-12-31 | $60.91M | 8.41% |
| 2008-12-31 | $56.19M | 6.97% |
| 2007-12-31 | $52.52M | 8.10% |
| 2006-12-31 | $48.59M | 7.29% |
| 2005-12-31 | $45.28M | 14.41% |
| 2004-12-31 | $39.58M | 9.06% |
| 2003-12-31 | $36.30M | 4.91% |
| 2002-12-31 | $34.60M | 8.16% |
| 2001-12-31 | $31.99M | 16.10% |
| 2000-12-31 | $27.55M | 2.80% |
| 1999-12-31 | $26.80M | 5.10% |
| 1998-12-31 | $25.50M | 14.35% |
| 1997-12-31 | $22.30M | 6.70% |
| 1996-12-31 | $20.90M | -7.52% |
| 1995-12-31 | $22.60M | - |
Artesian Resources generated $98.86M in revenue during NA 2023, up -0.04% compared to the previous quarter, and up 122.94% compared to the same period a year ago.
Artesian Resources Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $27.42M | 11.70% |
| 2024-03-31 | $24.54M | -0.00% |
| 2023-12-31 | $24.55M | -7.62% |
| 2023-09-30 | $26.57M | 5.22% |
| 2023-06-30 | $25.25M | 12.25% |
| 2023-03-31 | $22.50M | -10.44% |
| 2022-12-31 | $25.12M | -5.51% |
| 2022-09-30 | $26.58M | 6.28% |
| 2022-06-30 | $25.01M | 12.73% |
| 2022-03-31 | $22.19M | -1.72% |
| 2021-12-31 | $22.57M | -9.65% |
| 2021-09-30 | $24.99M | 10.75% |
| 2021-06-30 | $22.56M | 8.81% |
| 2021-03-31 | $20.74M | -4.67% |
| 2020-12-31 | $21.75M | -12.07% |
| 2020-09-30 | $24.74M | 13.72% |
| 2020-06-30 | $21.75M | 9.30% |
| 2020-03-31 | $19.90M | -5.27% |
| 2019-12-31 | $21.01M | -6.83% |
| 2019-09-30 | $22.55M | 9.19% |
| 2019-06-30 | $20.65M | 6.53% |
| 2019-03-31 | $19.39M | 0.22% |
| 2018-12-31 | $19.34M | -11.77% |
| 2018-09-30 | $21.92M | 8.33% |
| 2018-06-30 | $20.24M | 7.05% |
| 2018-03-31 | $18.91M | -6.35% |
| 2017-12-31 | $20.19M | -9.70% |
| 2017-09-30 | $22.36M | 9.04% |
| 2017-06-30 | $20.50M | 6.84% |
| 2017-03-31 | $19.19M | -1.17% |
| 2016-12-31 | $19.42M | -11.05% |
| 2016-09-30 | $21.83M | 12.54% |
| 2016-06-30 | $19.39M | 5.13% |
| 2016-03-31 | $18.45M | -1.61% |
| 2015-12-31 | $18.75M | -9.75% |
| 2015-09-30 | $20.78M | 6.35% |
| 2015-06-30 | $19.54M | 8.76% |
| 2015-03-31 | $17.96M | -0.65% |
| 2014-12-31 | $18.08M | -7.73% |
| 2014-09-30 | $19.59M | 9.52% |
| 2014-06-30 | $17.89M | 5.86% |
| 2014-03-31 | $16.90M | 0.05% |
| 2013-12-31 | $16.89M | -6.53% |
| 2013-09-30 | $18.07M | 1.65% |
| 2013-06-30 | $17.78M | 8.90% |
| 2013-03-31 | $16.33M | -3.69% |
| 2012-12-31 | $16.95M | -10.78% |
| 2012-09-30 | $19.00M | 6.08% |
| 2012-06-30 | $17.91M | 7.27% |
| 2012-03-31 | $16.70M | 3.89% |
| 2011-12-31 | $16.07M | -9.35% |
| 2011-09-30 | $17.73M | 7.39% |
| 2011-06-30 | $16.51M | 11.88% |
| 2011-03-31 | $14.76M | -7.39% |
| 2010-12-31 | $15.94M | -11.29% |
| 2010-09-30 | $17.96M | 12.25% |
| 2010-06-30 | $16.00M | 6.81% |
| 2010-03-31 | $14.98M | -3.37% |
| 2009-12-31 | $15.51M | -4.06% |
| 2009-09-30 | $16.16M | 5.15% |
| 2009-06-30 | $15.37M | 10.77% |
| 2009-03-31 | $13.88M | -3.35% |
| 2008-12-31 | $14.36M | -8.30% |
| 2008-09-30 | $15.66M | 12.61% |
| 2008-06-30 | $13.90M | 13.31% |
| 2008-03-31 | $12.27M | -5.33% |
| 2007-12-31 | $12.96M | - |
Artesian Resources generated $27.42M in revenue during Q2 2024, up 11.70% compared to the previous quarter, and up 121.88% compared to the same period a year ago.
Artesian Resources Revenue Breakdown
Artesian Resources Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Non-Utility Operating Revenue | $6.63M | $9.07M | $5.84M | $5.14M | $5.07M |
| Other Utility Operating Revenue | $12.20M | $11.51M | $7.20M | $6.53M | $4.92M |
| Water Sales | $80.03M | $78.32M | $77.82M | $76.48M | $73.61M |
Artesian Resources's latest annual revenue breakdown by segment (product or service), as of Dec 23: Water Sales (80.96%), Other Utility Operating Revenue (12.34%), and Non-Utility Operating Revenue (6.71%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Other Utility Operating Revenue | $3.02M | $3.11M | $3.23M | $3.03M | $2.82M | $3.23M | $2.84M | $2.91M | $2.52M | $2.38M | $2.25M | $1.11M | $1.47M | $2.11M | $2.08M | $1.08M | $1.25M | $1.40M | $1.25M | $1.15M |
| Water Sales | $19.82M | $19.74M | $21.64M | $20.64M | $18.02M | $18.75M | $21.70M | $19.72M | $18.14M | $18.63M | $21.28M | $20.08M | $17.83M | $18.30M | $21.36M | $19.42M | $17.39M | $18.38M | $20.10M | $18.19M |
| Non-Utility Operating Revenue | $1.70M | $1.70M | $1.69M | $1.58M | $1.66M | $3.14M | $2.04M | $2.38M | $1.52M | $1.56M | $1.46M | $1.38M | $1.44M | $1.34M | $1.29M | $1.25M | $1.26M | $1.23M | $1.20M | $1.31M |
Artesian Resources's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Water Sales (80.77%), Other Utility Operating Revenue (12.28%), and Non-Utility Operating Revenue (6.94%).
Artesian Resources Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Mar 20 | Jun 19 | Mar 19 |
|---|---|---|---|
| Delaware | $3.80M | $3.80M | $3.80M |
Artesian Resources's latest quarterly revenue breakdown by geography, as of Mar 20: Delaware (100.00%).
Artesian Resources Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| CWT | California Water Service Group | $794.63M | $244.30M |
| SJW | SJW Group | $670.36M | $176.17M |
| AWR | American States Water Company | $595.70M | $155.33M |
| MSEX | Middlesex Water Company | $166.27M | $49.15M |
| ARTNA | Artesian Resources | $98.86M | $27.42M |
| YORW | York Water Company | $71.03M | $18.75M |
| GWRS | Global Water Resources | $53.03M | $11.61M |
ARTNA Revenue FAQ
What is Artesian Resources’s yearly revenue?
Artesian Resources's yearly revenue for 2023 was $98.86M, representing a decrease of -0.04% compared to 2022. The company's yearly revenue for 2022 was $98.9M, representing an increase of 8.85% compared to 2021. ARTNA's yearly revenue for 2021 was $90.86M, representing an increase of 3.08% compared to 2020.
What is Artesian Resources’s quarterly revenue?
Artesian Resources's quarterly revenue for Q2 2024 was $27.42M, a 11.70% increase from the previous quarter (Q1 2024), and a 8.57% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $24.54M, a -0.00% decrease from the previous quarter (Q4 2023), and a 9.11% increase year-over-year (Q1 2023). ARTNA's quarterly revenue for Q4 2023 was $24.54M, a -7.62% decrease from the previous quarter (Q3 2023), and a -2.28% decrease year-over-year (Q4 2022).
What is Artesian Resources’s revenue growth rate?
Artesian Resources's revenue growth rate for the last 3 years (2021-2023) was 8.81%, and for the last 5 years (2019-2023) was 18.26%.
What are Artesian Resources’s revenue streams?
Artesian Resources's revenue streams in c 23 are Non-Utility Operating Revenue, Other Utility Operating Revenue, and Water Sales. Non-Utility Operating Revenue generated $6.63M in revenue, accounting 6.71% of the company's total revenue, down -26.89% year-over-year. Other Utility Operating Revenue generated $12.2M in revenue, accounting 12.34% of the company's total revenue, up 5.99% year-over-year. Water Sales generated $80.03M in revenue, accounting 80.96% of the company's total revenue, up 2.19% year-over-year.
What is Artesian Resources’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Artesian Resources was Water Sales. This segment made a revenue of $80.03M, representing 80.96% of the company's total revenue.