ARTESIAN RESOURCES CORPORATION (ARTNA) Return on equity 2016–2025
ARTESIAN RESOURCES CORPORATION (ARTNA) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
9.1%FY2025 · since FY2016: 9.3% → 9.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 9.1% | +0.6 pp |
| FY2024 | 8.5% | +1.3 pp |
| FY2023 | 7.2% | -2.3 pp |
| FY2022 | 9.6% | +0.1 pp |
| FY2021 | 9.5% | -0.5 pp |
| FY2020 | 9.9% | +0.6 pp |
| FY2019 | 9.3% | -0.0 pp |
| FY2018 | 9.3% | -0.2 pp |
| FY2017 | 9.5% | +0.2 pp |
| FY2016 | 9.3% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice