Question 1

What is Artesian Resources's EV/EBITDA ratio?

Accepted Answer

Artesian Resources (ARTNA) EV/EBITDA ratio is 10.1× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for Artesian Resources?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For Artesian Resources specifically, the relevant sector benchmark is the current sector median of 12.7×.

Question 5

Is Artesian Resources's EV/EBITDA ratio high or low?

Accepted Answer

Artesian Resources's EV/EBITDA ratio of 10.1× is below its own 5-year average of 12.6× and below the sector median of 12.7×. That places the current reading at the 22th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Artesian Resources's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, Artesian Resources (ARTNA) EV/EBITDA ratio has ranged from a low of 7.0× in 2002 to a high of 17.2× in 2023. The 5-year average is 12.6× and the 5-year median is 12.6×.

Question 7

What was Artesian Resources's EV/EBITDA ratio in 2025?

Accepted Answer

Artesian Resources (ARTNA) EV/EBITDA ratio at the end of 2025 was 9.7×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does Artesian Resources's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$326.03M	$52.60M	9.7×	-0.4×	Dec 31, 2025
2024	$325.69M	$50.12M	10.0×	-3.2×	Dec 31, 2024
2023	$426.15M	$45.54M	13.3×	-3.6×	Dec 31, 2023
2022	$556.33M	$44.61M	16.9×	+2.4×	Dec 31, 2022
2021	$435.69M	$41.94M	14.5×	+1.9×	Dec 31, 2021
2020	$347.37M	$41.06M	12.6×	-1.2×	Dec 31, 2020
2019	$345.94M	$36.12M	13.8×	+0.5×	Dec 31, 2019
2018	$322.83M	$34.23M	13.3×	+0.4×	Dec 31, 2018
2017	$355.64M	$36.47M	12.9×	+2.1×	Dec 31, 2017
2016	$291.77M	$37.02M	10.9×	+0.2×	Dec 31, 2016
2015	$251.13M	$34.20M	10.7×	+0.2×	Dec 31, 2015
2014	$201.44M	$31.09M	10.5×	-0.5×	Dec 31, 2014
2013	$202.99M	$29.16M	11.0×	+2.7×	Dec 31, 2013
2012	$195.70M	$37.77M	8.3×	-5.5×	Dec 31, 2012
2011	$162.43M	$20.53M	13.8×	+0.6×	Dec 31, 2011
2010	$144.99M	$21.32M	13.2×	-0.2×	Dec 31, 2010
2009	$137.56M	$20.20M	13.4×	+2.3×	Dec 31, 2009
2008	$117.79M	$22.12M	11.0×	-0.3×	Dec 31, 2008
2007	$138.22M	$20.20M	11.3×	+0.4×	Dec 31, 2007
2006	$120.14M	$20.02M	10.9×	+2.9×	Dec 31, 2006
2005	$118.91M	$26.45M	8.0×	-4.1×	Dec 31, 2005
2004	$111.57M	$16.82M	12.1×	-1.8×	Dec 31, 2004
2003	$109.11M	$14.55M	13.8×	+6.8×	Dec 31, 2003
2002	$76.43M	$20.21M	7.1×	-3.3×	Dec 31, 2002
2001	$63.45M	$12.48M	10.4×	—	Dec 31, 2001


CMS Energy (CMS)	13.0×
FirstEnergy (FE)	12.9×
H2O America (HTO)	12.8×
Southern Company (SO)	12.7×
Vistra (VST)	12.7×
PPL (PPL)	12.7×
Evergy (EVRG)	12.7×
NiSource (NI)	12.6×
Pinnacle West Capital (PNW)	12.5×
New Jersey Resources (NJR)	12.3×
MGE Energy (MGEE)	12.0×
Duke Energy (DUK)	11.9×
Black Hills (BKH)	11.9×
Algonquin Power & Utilities (AQN)	11.8×
Public Service Enterprise Group (PEG)	11.7×
Exelon (EXC)	11.3×
AES (AES)	10.5×
Eversource Energy (ES)	10.3×
Avista (AVA)	9.9×
Consolidated Edison (ED)	9.8×
Edison International (EIX)	9.6×
PG&E (PCG)	9.5×
UGI (UGI)	9.3×
Northwest Natural Holding (NWN)	8.9×
Ameren (AEE)	8.1×

EV/EBITDA for Artesian Resources (ARTNA)

EV/EBITDA daily chart for Artesian Resources (ARTNA)

Historical EV/EBITDA for Artesian Resources (ARTNA) from 2001 to 2025

About EV/EBITDA at Artesian Resources (ARTNA)

Artesian Resources EV/EBITDA by Year

Artesian Resources EV/EBITDA 2025: 9.7×

Artesian Resources EV/EBITDA 2024: 10.0×

Artesian Resources EV/EBITDA 2023: 13.3×

Artesian Resources EV/EBITDA 2022: 16.9×

Artesian Resources EV/EBITDA 2021: 14.5×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

Artesian Resources (ARTNA) Key Financials

EV/EBITDA daily chart for Artesian Resources (ARTNA)

Historical EV/EBITDA for Artesian Resources (ARTNA) from 2001 to 2025

About EV/EBITDA at Artesian Resources (ARTNA)

Artesian Resources EV/EBITDA by Year

Artesian Resources EV/EBITDA 2025: 9.7×

Artesian Resources EV/EBITDA 2024: 10.0×

Artesian Resources EV/EBITDA 2023: 13.3×

Artesian Resources EV/EBITDA 2022: 16.9×

Artesian Resources EV/EBITDA 2021: 14.5×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is Artesian Resources's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for Artesian Resources?

+Is Artesian Resources's EV/EBITDA ratio high or low?

+What is Artesian Resources's historical EV/EBITDA ratio range?

+What was Artesian Resources's EV/EBITDA ratio in 2025?

+Why does Artesian Resources's EV/EBITDA ratio change over time?

Artesian Resources (ARTNA) Key Financials