Artesian Resources (Artesian Resources) Net Margin %

: 14.18% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Artesian Resources's Net Income for the three months ended in Dec. 2023 was $3.48 Mil. Artesian Resources's Revenue for the three months ended in Dec. 2023 was $24.54 Mil. Therefore, Artesian Resources's net margin for the quarter that ended in Dec. 2023 was 14.18%.

The historical rank and industry rank for Artesian Resources's Net Margin % or its related term are showing as below:

ARTNB' s Net Margin % Range Over the Past 10 Years
Min: 13.12 Med: 17.38 Max: 19.08
Current: 16.89

ARTNB's Net Margin % is ranked better than
79.96% of 514 companies
in the Utilities - Regulated industry
Industry Median: 7.975 vs ARTNB: 16.89

Artesian Resources Net Margin % Historical Data

The historical data trend for Artesian Resources's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Artesian Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

17.85

19.08

18.52

18.20

16.89

Artesian Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																9.26	16.47	17.60	19.09	14.18

Competitive Comparison

For the Utilities - Regulated Water subindustry, Artesian Resources's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Artesian Resources Net Margin % Distribution

For the Utilities - Regulated industry and Utilities sector, Artesian Resources's Net Margin % distribution charts can be found below:

* The bar in red indicates where Artesian Resources's Net Margin % falls into.

Artesian Resources Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Artesian Resources's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	16.699	/	98.861
	=	16.89 %

Artesian Resources's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3.48	/	24.544
	=	14.18 %

Artesian Resources (OTCPK:ARTNB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Artesian Resources Net Margin % Related Terms

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Artesian Resources (Artesian Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Artesian Resources Corp (OTCPK:ARTNB) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

ARTNA:USA

Address

664 Churchmans Road, Newark, DE, USA, 19702

Website

http://www.artesianwater.com

Artesian Resources Corp operates as the holding company of eight wholly-owned subsidiaries offering water, wastewater, and other services on the Delmarva Peninsula. It distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal, and utility customers in the states of Delaware, Maryland, and Pennsylvania. The company is focusing on a wide spectrum of activities, which include identifying new and dependable sources of water supply; developing wells, treatment plants and delivery systems to get water to customers.