Artesian Resources (ARTNA) Interest Expenses (2010 - 2026)
Artesian Resources (ARTNA) posted quarterly Interest Expenses of $2.2 million for Q1 2026, up 2.86% year-over-year from $2.2 million in Q1 2025, and down 21.8% quarter-over-quarter from $2.8 million in Q4 2025.
Analysis
Artesian Resources (ARTNA) Interest Expenses (2010 - 2026) Analysis & Trends
Artesian Resources (ARTNA) has reported Interest Expenses for 17 consecutive years, with $2.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses rose 2.86% year-over-year to $2.2 million; the TTM figure through Mar 2026 stood at $9.4 million (up 7.37% YoY), while the FY2025 annual figure was $8.7 million, down 11.1% from the prior year.
- Interest Expenses retreated to $2.2 million in Q1 2026 per ARTNA's latest filing, from $2.8 million in the prior quarter.
- Across five years, Interest Expenses topped out at $3.3 million in Q4 2023 and bottomed at $1.9 million in Q1 2022.
- Historically, Interest Expenses has averaged $2.3 million across 5 years, with a median of $2.2 million in 2023.
- Annual changes were most pronounced in 2023 — Interest Expenses soared 43.93% — and 2024, when it tumbled 32.12%.
- Artesian Resources' Interest Expenses stood at $2.3 million in 2022, then jumped by 43.93% to $3.3 million in 2023, then sank by 32.12% to $2.2 million in 2024, then climbed by 26.96% to $2.8 million in 2025, then slipped by 21.8% to $2.2 million in 2026.
- Business Quant data shows ARTNA's Interest Expenses at $2.2 million in Q1 2026, $2.8 million in Q4 2025, and $2.2 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | American Water Works Company | 27.65 Bn | 27.45 Bn | 874.00 Mn | 167.00 Mn |
| 2 | Essential Utilities | 11.95 Bn | 11.94 Bn | 377.22 Mn | 89.11 Mn |
| 3 | American States Water | 3.50 Bn | 3.48 Bn | 169.26 Mn | 12.17 Mn |
| 4 | California Water Service | 3.05 Bn | 2.96 Bn | 263.45 Mn | 20.81 Mn |
| 5 | H2O America | 2.68 Bn | 2.58 Bn | 197.11 Mn | 17.95 Mn |
| 6 | Middlesex Water | 1.09 Bn | 1.09 Bn | 30.96 Mn | 4.02 Mn |
| 7 | York Water | 541.63 Mn | 541.07 Mn | 17.56 Mn | 2.28 Mn |
| 8 | Consolidated Water | 466.73 Mn | 334.10 Mn | 10.96 Mn | 479.00 |
| 9 | Artesian Resources | 371.08 Mn | 361.28 Mn | 29.37 Mn | 2.34 Mn |
| 10 | Cadiz | 344.16 Mn | 338.84 Mn | -24,000.00 | 2.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.34 Mn |
| Mar 31, 2026 | 2.23 Mn |
| Dec 31, 2025 | 2.17 Mn |
| Sep 30, 2025 | 2.19 Mn |
| Jun 30, 2025 | 2.16 Mn |
| Mar 31, 2025 | 2.17 Mn |
| Dec 31, 2024 | 2.24 Mn |
| Sep 30, 2024 | 2.19 Mn |
| Jun 30, 2024 | 2.18 Mn |
| Mar 31, 2024 | 2.17 Mn |
| Dec 31, 2023 | 2.20 Mn |
| Sep 30, 2023 | 2.20 Mn |
| Jun 30, 2023 | 2.34 Mn |
| Mar 31, 2023 | 2.42 Mn |
| Dec 31, 2022 | 2.30 Mn |
| Sep 30, 2022 | 2.23 Mn |
| Jun 30, 2022 | 2.09 Mn |
| Mar 31, 2022 | 1.89 Mn |
| Dec 31, 2021 | 1.91 Mn |
| Sep 30, 2021 | 1.91 Mn |