Artesian Resources
ARTNA
$41.35
Share price
0.07%
Change (1 day)
-23.51%
Change (1 year)
Categories
Operating Margin for Artesian Resources (ARTNA)
Operating Margin as of November 2023 (TTM): 24.14%
According to Artesian Resources's latest financial reports and stock price the company's current Operating Margin is 24.14%. At the end of 2021 the company had an Operating Margin of 33.19%.
Operating Margin history for Artesian Resources from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 33.19% | -2.88% |
| 2020 | 34.17% | 5.29% |
| 2019 | 32.45% | 2.26% |
| 2018 | 31.74% | -4.94% |
| 2017 | 33.39% | -5.46% |
| 2016 | 35.31% | 4.27% |
| 2015 | 33.87% | 5.45% |
| 2014 | 32.12% | 5.92% |
| 2013 | 30.32% | -8.98% |
| 2012 | 33.31% | 57.81% |
| 2011 | 21.11% | -4% |
| 2010 | 21.99% | -1.84% |
| 2009 | 22.40% | -22.94% |
| 2008 | 29.07% | -3.97% |
| 2007 | 30.27% | -6.21% |
| 2006 | 32.28% | 4.49% |
| 2005 | 30.89% | -4.23% |
| 2004 | 32.25% | 7.24% |
| 2003 | 30.08% | -5.41% |
| 2002 | 31.79% | 6.1% |
| 2001 | 29.97% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 American Water Works AWK | 26.58% | 10.11% | 🇺🇸 USA |
 York Water YORW | 32.93% | 36.41% | 🇺🇸 USA |
 Middlesex Water Company
MSEX | 21.69% | -10.15% | 🇺🇸 USA |
 Cadiz CDZI | -1,655.00% | -6,955.84% | 🇺🇸 USA |
 SJW Group
SJW | 13.26% | -45.07% | 🇺🇸 USA |
 California Water Service CWT | 12.00% | -50.29% | 🇺🇸 USA |
 American States Water
AWR | 26.61% | 10.23% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.