Artesian Resources Corporation (ARTNA) vs Middlesex Water Company (MSEX)
A side-by-side comparison of Artesian Resources Corporation and Middlesex Water Company across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
ARTNA
Artesian Resources Corporation
$33.67UtilitiesDelayed quote: Oct 6, 2026, 12:28 PM EDT
MSEX
Middlesex Water Company
$53.17UtilitiesDelayed quote: Oct 6, 2026, 12:24 PM EDT
Total return — ARTNA vs MSEX
growth of $100 · dividends reinvested · last 10yARTNA +60.5% (+4.8%/yr)MSEX +89.9% (+6.6%/yr)MSEX compounded faster over this window
ARTNA MSEX
ARTNA vs MSEX: by the numbers
- •MSEX is the larger company ($1.00B vs $348M market cap).
- •ARTNA trades at the lower trailing earnings multiple (14.71 vs 20.45 P/E), one valuation lens rather than an overall verdict.
- •MSEX converts more revenue to profit (23.26% vs 20.18% net margin).
- •MSEX grew revenue faster over the past five years (7.47% vs 5.47% CAGR).
- •ARTNA pays the higher dividend yield (3.79% vs 2.68%).
Metrics side by side
Valuation
| Metric | ARTNA | MSEX |
|---|---|---|
| P/E ratio | 14.71 | 20.45 |
| Forward P/E | 14.83 | 19.96 |
| PEG ratio | 3.41 | 12.78 |
| P/S ratio | 2.97 | 4.86 |
| P/B ratio | 1.36 | 1.92 |
| EV / EBITDA | 10.18 | 15.57 |
Profitability
| Metric | ARTNA | MSEX |
|---|---|---|
| Gross margin | 37.35% | 43.64% |
| Operating margin | 31.99% | 29.22% |
| Net margin | 20.18% | 23.26% |
| ROE | 9.21% | 9.18% |
| ROIC | 3.25% | 3.99% |
Dividends
| Metric | ARTNA | MSEX |
|---|---|---|
| Dividend yield | 3.79% | 2.68% |
| Payout ratio | 55.33% | 55.38% |
Growth (annualized)
| Metric | ARTNA | MSEX |
|---|---|---|
| Revenue CAGR (5Y) | 5.47% | 7.47% |
| EPS CAGR (5Y) | 4.19% | 1.51% |
| Total return CAGR (5Y) | 0.41% | -10.95% |
Frequently asked
- Which has the lower trailing P/E, ARTNA or MSEX?
- ARTNA has the lower trailing P/E: ARTNA trades at 14.71 and MSEX at 20.45. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ARTNA or MSEX?
- Over the past five years, MSEX grew revenue faster — ARTNA at a 5.47% CAGR versus MSEX at 7.47%.
- Does ARTNA or MSEX pay a bigger dividend?
- ARTNA yields 3.79% and MSEX yields 2.68% based on trailing dividends and the latest price.
- Is ARTNA or MSEX more profitable?
- MSEX runs the higher net margin — ARTNA at 20.18% versus MSEX at 23.26%.
- How have ARTNA and MSEX total returns compared?
- Over the past 10 years, ARTNA delivered 5.12% and MSEX delivered 6.64% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Artesian Resources P/E ratioMiddlesex Water P/E ratioArtesian Resources dividend yieldMiddlesex Water dividend yieldArtesian Resources ROEMiddlesex Water ROEArtesian Resources operating marginMiddlesex Water operating marginArtesian Resources revenue growthMiddlesex Water revenue growthArtesian Resources free cash flowMiddlesex Water free cash flow
Artesian Resources & Middlesex Water appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.