ARTESIAN RESOURCES CORPORATION
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | — | 23.8% | 16.4% |
| FY2017 | — | 23.8% | 17.0% |
| FY2018 | — | 23.6% | 17.8% |
| FY2019 | — | 23.8% | 17.9% |
| FY2020 | — | 25.3% | 19.1% |
| FY2021 | — | 24.5% | 18.5% |
| FY2022 | — | 24.2% | 18.2% |
| FY2023 | — | 22.7% | 16.9% |
| FY2024 | — | 24.2% | 18.9% |
| FY2025 | — | 24.6% | 20.2% |