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MARKETS / COMPARE / ARTNA VS CWT

ARTNA vs CWT

Artesian Resources Corp. and California Water Service Group, side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

ARTNA vs CWT, at a glance
Metric ARTNA CWT
Revenue$112.9M$963.7M
Net income$22.8M$128.2M
Gross margin··
Net margin20.2%13.3%
Return on equity9.3%7.7%
Diluted EPS$2.21$2.15
Dividend / share$1.23$1.24
Payout ratio55.5%57.6%
Free cash flow$-18.5M·
Equity$249.9M·
Net debt / equity0.71×0.84×
Current ratio0.64×0.85×
Revenue CAGR 5y5.1%6.7%
Profit CAGR 5y6.3%5.8%

CWT bills 8.5× the revenue of ARTNA, and ARTNA keeps more of each dollar of revenue as profit (20.2% against 13.3%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.

Revenue by year

10 years side by side

ARTNA vs CWT, revenue by year
Fiscal year ARTNA CWT
FY2025$112.9M$963.7M
FY2024$108.0M$905.6M
FY2023$98.9M$790.3M
FY2022$98.9M$772.6M
FY2021$90.9M$765.7M
FY2020$88.1M$697.6M
FY2019$83.6M$664.4M
FY2018$80.4M$674.7M
FY2017$82.2M$622.5M
FY2016$79.1M$589.5M
Net income by year

Bottom line

ARTNA vs CWT, net income by year
Fiscal year ARTNA CWT
FY2025$22.8M$128.2M
FY2024$20.4M$190.8M
FY2023$16.7M$51.9M
FY2022$18.0M$96.0M
FY2021$16.8M$101.1M
FY2020$16.8M$96.8M
FY2019$14.9M$63.1M
FY2018$14.3M$65.6M
FY2017$14.0M$72.9M
FY2016$13.0M$48.7M
Revenue gap over time

10 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025−$850,754,000CWT
FY2024−$797,671,000CWT
FY2023−$691,473,000CWT
FY2022−$673,719,000CWT
FY2021−$674,845,000CWT
FY2020−$609,436,000CWT
FY2019−$580,763,000CWT
FY2018−$594,325,000CWT
FY2017−$540,239,000CWT
FY2016−$510,439,000CWT

CWT has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.

10 of 17 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

9 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025+6.9 ppARTNA
FY2024−2.1 ppCWT
FY2023+10.4 ppARTNA
FY2022+5.9 ppARTNA
FY2021+13.7 ppARTNA
FY2020+13.8 ppARTNA
FY2019+16.8 ppARTNA
FY2018+8.0 ppARTNA
FY2017+5.3 ppARTNA

The higher net margin has changed hands between ARTNA and CWT over this period.

9 of 17 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

ARTNA's net margin has been more volatile than CWT's over the 9 comparable fiscal years — 4.3 percentage points of standard deviation against 3.8.

9 of 17 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

The lead in net margin changed hands between ARTNA and CWT over these 9 fiscal years — ARTNA led in 8 and CWT in 1.

9 of 17 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

CWT's return on equity has been more volatile than ARTNA's over the 17 comparable fiscal years — 1.9 percentage points of standard deviation against 1.0.

17 of 18 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

The lead in return on equity changed hands between ARTNA and CWT over these 17 fiscal years — ARTNA led in 8 and CWT in 9.

17 of 18 comparable fiscal years — a year missing data on either side is not counted.

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The companies

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