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Stocks Comparison

Artesian Resources vs H2O America: revenue, profit, margins and growth compared

Artesian Resources brought in $112.9M of revenue in fiscal 2025, H2O America $805.6M in fiscal 2025. Revenue changed by +4.6% at Artesian Resources and +7.6% at H2O America on the year before, so H2O America grew faster. Artesian Resources kept 20.2% of its revenue as net profit, H2O America 12.7%.

Side by side, latest fiscal year

ARTNAHTO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$112.9M$805.6M
Revenue growth+4.6%+7.6%
Net income$22.8M$102.6M
Net margin20.2%12.7%
Free cash flow-$18.5Mn/a
Free cash flow margin-16.4%n/a
Earnings per share (diluted)$2.21$2.92
Cash$52K$20.7M
Debt$176.4M$1.9B
Price to earnings14.921.0
Market value$339.7M$2.6B
Dividend yield3.74%2.74%
Rank by revenue in sector#103 of 125 · Utilities#87 of 125 · Utilities

Over the years

Revenue
ARTNA FY2018: $80.4MARTNA FY2019: $83.6MARTNA FY2020: $88.1MARTNA FY2021: $90.9MARTNA FY2022: $98.9MARTNA FY2023: $98.9MARTNA FY2024: $108MARTNA FY2025: $112.9MHTO FY2018: $397.7MHTO FY2019: $447.7MHTO FY2020: $564.5MHTO FY2021: $573.7MHTO FY2022: $620.7MHTO FY2023: $678.2MHTO FY2024: $748.4MHTO FY2025: $805.6MFY18FY19FY20FY21FY22FY23FY24FY25
ARTNA $112.9MHTO $805.6M
Net income
ARTNA FY2018: $14.3MARTNA FY2019: $14.9MARTNA FY2020: $16.8MARTNA FY2021: $16.8MARTNA FY2022: $18MARTNA FY2023: $16.7MARTNA FY2024: $20.4MARTNA FY2025: $22.8MHTO FY2018: $38.8MHTO FY2019: $23.4MHTO FY2020: $61.5MHTO FY2021: $60.5MHTO FY2022: $73.8MHTO FY2023: $85MHTO FY2024: $94MHTO FY2025: $102.6MFY18FY19FY20FY21FY22FY23FY24FY25
ARTNA $22.8MHTO $102.6M
Net margin
ARTNA FY2018: 17.8%ARTNA FY2019: 17.9%ARTNA FY2020: 19.1%ARTNA FY2021: 18.5%ARTNA FY2022: 18.2%ARTNA FY2023: 16.9%ARTNA FY2024: 18.9%ARTNA FY2025: 20.2%HTO FY2018: 9.7%HTO FY2019: 5.2%HTO FY2020: 10.9%HTO FY2021: 10.5%HTO FY2022: 11.9%HTO FY2023: 12.5%HTO FY2024: 12.6%HTO FY2025: 12.7%FY18FY19FY20FY21FY22FY23FY24FY25
ARTNA 20.2%HTO 12.7%
Revenue growth
ARTNA FY2019: +4.0%ARTNA FY2020: +5.4%ARTNA FY2021: +3.1%ARTNA FY2022: +8.8%ARTNA FY2023: -0.0%ARTNA FY2024: +9.2%ARTNA FY2025: +4.6%HTO FY2019: +12.6%HTO FY2020: +26.1%HTO FY2021: +1.6%HTO FY2022: +8.2%HTO FY2023: +9.3%HTO FY2024: +10.4%HTO FY2025: +7.6%FY19FY20FY21FY22FY23FY24FY25
ARTNA +4.6%HTO +7.6%
Free cash flow
ARTNA FY2018: -$19.9MARTNA FY2019: -$21.8MARTNA FY2020: -$13.9MARTNA FY2021: -$9.5MARTNA FY2022: -$24.2MARTNA FY2023: -$30.3MARTNA FY2024: -$9.1MARTNA FY2025: -$18.5MFY18FY19FY20FY21FY22FY23FY24FY25
ARTNA -$18.5MHTO

Fiscal years as each company reports them; the two may end in different months.

Questions about Artesian Resources and H2O America

Which is bigger by revenue, Artesian Resources or H2O America?

H2O America is bigger by revenue: $805.6M in fiscal 2025, against $112.9M for Artesian Resources in fiscal 2025.

Which keeps more of its revenue as profit, Artesian Resources or H2O America?

Artesian Resources had a net margin of 20.2% in fiscal 2025; H2O America had 12.7% in fiscal 2025.

Which grew revenue faster, Artesian Resources or H2O America?

In their latest fiscal years revenue changed by +4.6% at Artesian Resources and +7.6% at H2O America.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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