Artesian Resources vs Global Water Resources
Artesian Resources is the larger business, with $113m of revenue in fiscal 2025 against $55.8m for Global Water Resources (2.0 times as much). Global Water Resources grew faster (5.8% against 4.6%). Artesian Resources kept more of each dollar of sales as profit: a net margin of 20.2% against 5.3%. Artesian Resources carries less debt relative to equity (72.9% against 155.3%).
| Latest fiscal year | Artesian ResourcesARTNA, 2025 | Global Water ResourcesGWRS, 2025 |
|---|---|---|
| Revenue | $113m | $55.8m |
| Revenue growth | 4.6% | 5.8% |
| Net income | $22.8m | $3.0m |
| Operating margin | 24.6% | 12.8% |
| Net margin | 20.2% | 5.3% |
| Return on equity | 9.3% | 4.4% |
| Free cash flow | −$18.5m | −$47.2m |
| Cash | $52,000 | $4.1m |
| Total debt | $182m | $134m |
| Debt to equity | 72.9% | 155.3% |
| Dividend per share | $1.23 | $0.30 |
| Dividend yield | 3.7% | 3.7% |
| Share buybacks | — | — |
| Employees | — | — |
| Market value | $348m | $233m |
| Price vs our value range | — | — |
| Moat score | 41 (Weak) | 37 (Weak) |
| Insider trades, 12 months | 0 buys, 16 sales | 10 buys, 0 sales |