Artesian Resources (ARTNA) Gross Margin (2010 - 2026)
Artesian Resources (ARTNA) posted quarterly Gross Margin of 95.63% for Q1 2026, down 4.0% year-over-year from 99.61% in Q1 2025, and little changed quarter-over-quarter from 95.29% in Q4 2025.
Artesian Resources (ARTNA) Gross Margin (2010 - 2026) Analysis & Trends
Artesian Resources (ARTNA) has reported Gross Margin for 17 consecutive years, with 95.63% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 4.0% year-over-year to 95.63%; the TTM figure through Mar 2026 stood at 95.81% (up 16.0% YoY), while the FY2025 annual figure was 95.83%, up 22.0% from the prior year.
- Gross Margin steadied at 95.63% in Q1 2026 per ARTNA's latest filing, from 95.29% in the prior quarter.
- Across five years, Gross Margin topped out at 96.47% in Q2 2025 and bottomed at 90.32% in Q4 2022.
- Historically, Gross Margin has averaged 95.05% across 5 years, with a median of 95.56% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 449 bps — and 2023, when it soared 520 bps.
- Artesian Resources' Gross Margin stood at 90.32% in 2022, then advanced by 6 bps to 95.52% in 2023, then dropped by 0 bps to 95.27% in 2024, then advanced by 0 bps to 95.29% in 2025, then gained by 0 bps to 95.63% in 2026.
- Business Quant data shows ARTNA's Gross Margin at 95.63% in Q1 2026, 95.29% in Q4 2025, and 95.85% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 26.66 Bn | 26.47 Bn | - | - |
| 2 | Essential Utilities | 11.36 Bn | 11.35 Bn | - | - |
| 3 | American States Water | 3.38 Bn | 3.36 Bn | 278.03 Mn | 91.44% |
| 4 | California Water Service | 3.02 Bn | 2.93 Bn | 263.45 Mn | 85.37% |
| 5 | H2O America | 2.60 Bn | 2.49 Bn | 197.11 Mn | 93.65% |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | - | - |
| 7 | Consolidated Water | 517.12 Mn | 390.79 Mn | 10.92 Mn | 36.42% |
| 8 | York Water | 517.01 Mn | 516.45 Mn | - | - |
| 9 | Artesian Resources | 362.21 Mn | 357.96 Mn | 26.56 Mn | 95.63% |
| 10 | Pure Cycle | 274.66 Mn | 266.22 Mn | 4.29 Mn | 52.12% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 95.63% |
| Dec 31, 2025 | 95.29% |
| Sep 30, 2025 | 95.85% |
| Jun 30, 2025 | 96.47% |
| Mar 31, 2025 | 95.67% |
| Dec 31, 2024 | 95.27% |
| Sep 30, 2024 | 95.84% |
| Jun 30, 2024 | 95.82% |
| Mar 31, 2024 | 95.45% |
| Dec 31, 2023 | 95.52% |
| Sep 30, 2023 | 95.78% |
| Jun 30, 2023 | 95.56% |
| Mar 31, 2023 | 95.18% |
| Dec 31, 2022 | 90.32% |
| Sep 30, 2022 | 94.09% |
| Jun 30, 2022 | 92.38% |
| Mar 31, 2022 | 95.75% |
| Dec 31, 2021 | 94.80% |
| Sep 30, 2021 | 96.07% |
| Jun 30, 2021 | 96.16% |