Artesian Resources (ARTNA) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Artesian Resources Revenue Highlights

Latest Revenue (Y)

$98.86M

Latest Revenue (Q)

$29.14M

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
2024-09-30	$29.14M	6.30%
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 $29.14M in revenue during Q3 2024, up 6.30% compared to the previous quarter, and up 115.41% 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
Water Sales	$80.03M	$78.32M	$77.82M	$76.48M	$73.61M
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

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	Sep 24	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
Water Sales	$24.09M	$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
Other Utility Operating Revenue	$3.36M	$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
Non-Utility Operating Revenue	$1.69M	$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

Artesian Resources's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Water Sales (82.67%), Other Utility Operating Revenue (11.52%), and Non-Utility Operating Revenue (5.81%).

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	$299.56M
SJW	SJW Group	$670.36M	$247.34M
AWR	American States Water Company	$595.70M	$161.78M
MSEX	Middlesex Water Company	$166.27M	$55.10M
ARTNA	Artesian Resources	$98.86M	$29.14M
YORW	York Water Company	$71.03M	$18.75M
GWRS	Global Water Resources	$53.03M	$14.32M

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 Q3 2024 was $29.14M, a 6.30% increase from the previous quarter (Q2 2024), and a 9.68% increase year-over-year (Q3 2023). The company'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). ARTNA'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).

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 Water Sales, Non-Utility Operating Revenue, and Other Utility Operating Revenue. Water Sales generated $80.03M in revenue, accounting 80.96% of the company's total revenue, up 2.19% year-over-year. 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.

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.