Artesian ResourcesARTNB 75 Debt-to-EBITDA is 3.41 as of Mar. 2026, which is 11% below its 10-year median of 3.85. GuruFocus rates ARTNB with a GF Score™ of 75/100 and a GF Value™ of $36.85. The stock has 3 warning signs investors should review. Among 448 Utilities - Regulated companies, Artesian Resources ranks better than 56.7% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Artesian Resources's Debt-to-EBITDA or its related term are showing as below:
ARTNB'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.99 Med: 3.85 Max: 4.41
Current: 3.45
During the past 13 years, the highest Debt-to-EBITDA Ratio of Artesian Resources was 4.41. The lowest was 2.99. And the median was 3.85.
ARTNB's Debt-to-EBITDA is ranked better than 56.7% of 448
companies
in the Utilities - Regulated industry
Industry Median: 3.99
vs ARTNB: 3.45
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Artesian Resources Debt-to-EBITDA Related Terms
Artesian Resources Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Artesian Resources's Debt-to-EBITDA 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.
ARTNB vs CDZI, PCYO, CWCO: Debt-to-EBITDA Comparison
For the Utilities - Regulated Water subindustry, Artesian Resources's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Artesian Resources's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Artesian Resources's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Artesian Resources (ARTNB) has a Debt-to-EBITDA of 3.41 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Artesian Resources. This is 11% below median its historical median of 3.85. Over the past decade, Artesian Resources' Debt-to-EBITDA has ranged from 2.99 to 4.41. According to the industry distribution chart, Artesian Resources ranks #194 out of 448 companies in the Utilities - Regulated industry, placing it in the top 43.3%.
Is Artesian Resources' Debt-to-EBITDA too high?
Artesian Resources' current Debt-to-EBITDA of 3.41 is 11% below median its 10-year median of 3.85. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 4.41. The Utilities - Regulated industry median Debt-to-EBITDA is 3.99. Artesian Resources' value of 3.41 is 14.5% below this industry median. Based on the distribution chart, Artesian Resources ranks #194 out of 448 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Artesian Resources has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Artesian Resources' Debt-to-EBITDA compare to CDZI and PCYO?
According to the Utilities - Regulated industry distribution chart, Artesian Resources ranks #194 out of 448 companies for Debt-to-EBITDA. This puts Artesian Resources in the upper half of its industry. The industry median Debt-to-EBITDA is 3.99. Artesian Resources' value of 3.41 is 14.5% below this benchmark. Historically, Artesian Resources' own Debt-to-EBITDA has ranged from 2.99 to 4.41 over the past decade. While the company's 10-year median is 3.85 vs. the industry median of 3.99, Artesian Resources has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 3.99, based on 448 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Artesian Resources's current Debt-to-EBITDA of 3.41 is 14.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Artesian Resources. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 3.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artesian Resources's current Debt-to-EBITDA is 3.41, which is 11% below median its own 10-year median of 3.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artesian Resources stock overvalued right now?
Artesian Resources (ARTNB) has a current Debt-to-EBITDA of 3.41. The stock's GF Value™ is $36.85, compared to a current price of $33.51 — trading 9.1% below its estimated fair value. The current Debt-to-EBITDA is 3.41, which is 11% below median its 10-year median of 3.85 and 14.5% below the Utilities - Regulated industry median of 3.99. Artesian Resources' overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Artesian Resources (ARTNB), the current Debt-to-EBITDA is 3.41 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Artesian Resources (ARTNB) Overvalued in 2026?
Based on GuruFocus' analysis, Artesian Resources stock appears to be undervalued.
The current stock price of $33.51 is trading 9.1% below its estimated GF Value™ of $36.85.
Key valuation signals for ARTNB:
Debt-to-EBITDA: 3.41 (11% below median its 10-year median of 3.85)
GF Value™: $36.85 vs. price of $33.51 (9.1% below fair value)
Industry Position: 14.5% below the Utilities - Regulated median (#194 of 448)
No single metric tells the full story. See the ARTNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Artesian Resources Corp operates as a holding company based in the United States. Through its subsidiaries, it offers water, wastewater, and other services in Delaware, Maryland, and Pennsylvania. The Group distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal, and utility customers. Additionally, it is involved in contract water and wastewater operations; offers wastewater services, and water, sewer, and internal Service Line Protection Plans. The Group operates its businesses mainly through one reportable segment, the Regulated Utility segment.
75GF Score
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