ARTNB (Artesian Resources) Gross Margin %: 48.27% (As of Mar. 2026) — Near Median


ARTNB Artesian Resources Corp ARTNB
78 GF Score
Price $33.51
GF Value $38.60
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Artesian Resources Gross Margin %?

Artesian Resources ARTNB 78 Gross Margin % is 48.27% as of Mar. 2026, which is 2% below its 10-year median of 49.45. GuruFocus rates ARTNB with a GF Score™ of 78/100 and a GF Value™ of $38.60 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 489 Utilities - Regulated companies, Artesian Resources ranks better than 79.96% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Artesian Resources's Gross Profit for the three months ended in Mar. 2026 was $13.4 Mil. Artesian Resources's Revenue for the three months ended in Mar. 2026 was $27.8 Mil. Therefore, Artesian Resources's Gross Margin % for the quarter that ended in Mar. 2026 was 48.27%.


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

ARTNB' s Gross Margin % Range Over the Past 10 Years
Min: 48.75   Med: 49.45   Max: 51.62
Current: 49.45


During the past 13 years, the highest Gross Margin % of Artesian Resources was 51.62%. The lowest was 48.75%. And the median was 49.45%.

ARTNB's Gross Margin % is ranked better than
79.96% of 489 companies
in the Utilities - Regulated industry
Industry Median: 30.88 vs ARTNB: 49.45

Artesian Resources had a gross margin of 48.27% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Artesian Resources was -0.40% per year.


Artesian Resources  (OTCPK:ARTNB) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Artesian Resources had a gross margin of 48.27% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Artesian Resources Gross Margin % Related Terms


Artesian Resources Gross Margin % Historical Data

* Premium members only.

The historical data trend for Artesian Resources's Gross 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.

Artesian Resources Gross Margin % Chart

Artesian Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.08 48.81 48.78 49.48 49.42

Artesian Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.06 52.66 51.80 44.78 48.27

ARTNB vs CDZI, PCYO, GWRS: Gross Margin % Comparison

For the Utilities - Regulated Water subindustry, Artesian Resources's Gross Margin %, along with its competitors' market caps and Gross 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 Gross Margin % vs Utilities - Regulated Industry

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

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


ARTNB
78GF Score
Artesian Resources Corp ARTNB
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Artesian Resources Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Artesian Resources's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=55.8 / 112.941
=(Revenue - Cost of Goods Sold) / Revenue
=(112.941 - 57.126) / 112.941
=49.42 %

Artesian Resources's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=13.4 / 27.774
=(Revenue - Cost of Goods Sold) / Revenue
=(27.774 - 14.368) / 27.774
=48.27 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 48.27% mean?
Artesian Resources (ARTNB) has a Gross Margin % of 48.27% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Artesian Resources and its competitors. This is near median its historical median of 49.45. Over the past decade, Artesian Resources' Gross Margin % has ranged from 48.75 to 51.62. According to the industry distribution chart, Artesian Resources ranks #98 out of 489 companies in the Utilities - Regulated industry, placing it in the top 20%.
Is Artesian Resources' Gross Margin % too high?
Artesian Resources' current Gross Margin % of 48.27% is near median its 10-year median of 49.45. Over the past 10 years, this metric has ranged from a low of 48.75 to a high of 51.62. The Utilities - Regulated industry median Gross Margin % is 30.88. Artesian Resources' value of 48.27% is 56.3% above this industry median. Based on the distribution chart, Artesian Resources ranks #98 out of 489 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Artesian Resources has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Artesian Resources' Gross Margin % compare to CDZI and PCYO?
According to the Utilities - Regulated industry distribution chart, Artesian Resources ranks #98 out of 489 companies for Gross Margin %. This places Artesian Resources in the top 20% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 30.88. Artesian Resources' value of 48.27% is 56.3% above this benchmark. Historically, Artesian Resources' own Gross Margin % has ranged from 48.75 to 51.62 over the past decade. While the company's 10-year median is 49.45 vs. the industry median of 30.88, Artesian Resources has consistently been above 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 Gross Margin % for an Utilities - Regulated company?
The median Gross Margin % among Utilities - Regulated companies is 30.88, based on 489 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Artesian Resources's current Gross Margin % of 48.27% is 56.3% above 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Artesian Resources and its competitors. For the Utilities - Regulated industry, the median Gross Margin % is 30.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artesian Resources's current Gross Margin % is 48.27%, which is near median its own 10-year median of 49.45. 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?
Based on GuruFocus' analysis, Artesian Resources (ARTNB) is currently considered Modestly Undervalued. The stock's GF Value™ is $38.60, compared to a current price of $33.51 — trading 13.2% below its estimated fair value. The current Gross Margin % is 48.27%, which is near median its 10-year median of 49.45 and 56.3% above the Utilities - Regulated industry median of 30.88. Artesian Resources' overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Artesian Resources (ARTNB), the current Gross Margin % is 48.27% 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 13.2% below its estimated GF Value™ of $38.60. GuruFocus considers Artesian Resources to be Modestly Undervalued.

Key valuation signals for ARTNB:

  • Gross Margin %: 48.27% (near median its 10-year median of 49.45)
  • GF Value™: $38.60 vs. price of $33.51 (13.2% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 56.3% above the Utilities - Regulated median (#98 of 489)

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 Business Description

Other Exchanges ARTNA:USA
Address 664 Churchmans Road, Newark, DE, USA, 19702
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.
78GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$33.51
Price
$38.60
GF Value