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Side-by-side financial comparison of ARTESIAN RESOURCES CORP (ARTNA) and CTO Realty Growth, Inc. (CTO). Click either name above to swap in a different company.

CTO Realty Growth, Inc. is the larger business by last-quarter revenue ($41.2M vs $28.0M, roughly 1.5× ARTESIAN RESOURCES CORP). CTO Realty Growth, Inc. runs the higher net margin — 15.1% vs 14.8%, a 0.3% gap on every dollar of revenue. On growth, CTO Realty Growth, Inc. posted the faster year-over-year revenue change (15.0% vs 4.3%). Over the past eight quarters, CTO Realty Growth, Inc.'s revenue compounded faster (19.5% CAGR vs 6.8%).

Artesian Resources Corp is a US-headquartered regulated water utility and wastewater service provider, primarily serving residential, commercial, industrial and municipal customers across Delaware. It focuses on delivering safe, reliable drinking water supply and sustainable wastewater treatment solutions to local communities.

Keller Williams Realty is an American technology and international real estate franchise with headquarters in Austin, Texas. It is the largest real estate franchise in the United States by sales volume as of 2022.

ARTNA vs CTO — Head-to-Head

Bigger by revenue
CTO
CTO
1.5× larger
CTO
$41.2M
$28.0M
ARTNA
Growing faster (revenue YoY)
CTO
CTO
+10.6% gap
CTO
15.0%
4.3%
ARTNA
Higher net margin
CTO
CTO
0.3% more per $
CTO
15.1%
14.8%
ARTNA
Faster 2-yr revenue CAGR
CTO
CTO
Annualised
CTO
19.5%
6.8%
ARTNA

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ARTNA
ARTNA
CTO
CTO
Revenue
$28.0M
$41.2M
Net Profit
$4.1M
$6.2M
Gross Margin
Operating Margin
20.6%
175.0%
Net Margin
14.8%
15.1%
Revenue YoY
4.3%
15.0%
Net Profit YoY
7.5%
174.4%
EPS (diluted)
$0.39
$0.13

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ARTNA
ARTNA
CTO
CTO
Q1 26
$41.2M
Q4 25
$28.0M
$38.3M
Q3 25
$30.5M
$37.8M
Q2 25
$28.5M
$37.6M
Q1 25
$25.9M
$35.8M
Q4 24
$26.9M
$35.7M
Q3 24
$29.1M
$31.8M
Q2 24
$27.4M
$28.8M
Net Profit
ARTNA
ARTNA
CTO
CTO
Q1 26
$6.2M
Q4 25
$4.1M
$28.3M
Q3 25
$7.0M
$2.9M
Q2 25
$6.3M
$-23.4M
Q1 25
$5.4M
$2.3M
Q4 24
$3.8M
$-15.2M
Q3 24
$6.8M
$6.2M
Q2 24
$5.3M
$1.2M
Gross Margin
ARTNA
ARTNA
CTO
CTO
Q1 26
Q4 25
75.0%
Q3 25
75.4%
Q2 25
73.0%
Q1 25
75.2%
Q4 24
74.4%
Q3 24
74.4%
Q2 24
71.1%
Operating Margin
ARTNA
ARTNA
CTO
CTO
Q1 26
175.0%
Q4 25
20.6%
75.1%
Q3 25
28.3%
26.6%
Q2 25
27.5%
-33.7%
Q1 25
21.4%
22.0%
Q4 24
21.0%
-20.4%
Q3 24
29.5%
15.6%
Q2 24
26.3%
18.8%
Net Margin
ARTNA
ARTNA
CTO
CTO
Q1 26
15.1%
Q4 25
14.8%
73.9%
Q3 25
22.8%
7.7%
Q2 25
22.0%
-62.2%
Q1 25
21.0%
6.3%
Q4 24
14.3%
-42.6%
Q3 24
23.4%
19.6%
Q2 24
19.4%
4.1%
EPS (diluted)
ARTNA
ARTNA
CTO
CTO
Q1 26
$0.13
Q4 25
$0.39
$0.81
Q3 25
$0.68
$0.03
Q2 25
$0.61
$-0.77
Q1 25
$0.53
$0.01
Q4 24
$0.37
$-0.69
Q3 24
$0.66
$0.17
Q2 24
$0.52
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ARTNA
ARTNA
CTO
CTO
Cash + ST InvestmentsLiquidity on hand
$52.0K
$8.3M
Total DebtLower is stronger
$176.4M
Stockholders' EquityBook value
$249.9M
$575.4M
Total Assets
$851.2M
$1.3B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ARTNA
ARTNA
CTO
CTO
Q1 26
$8.3M
Q4 25
$52.0K
$6.5M
Q3 25
$705.0K
$9.3M
Q2 25
$349.0K
$8.6M
Q1 25
$3.7M
$8.4M
Q4 24
$1.1M
$9.0M
Q3 24
$10.7M
$8.2M
Q2 24
$6.3M
$4.8M
Total Debt
ARTNA
ARTNA
CTO
CTO
Q1 26
Q4 25
$176.4M
$616.3M
Q3 25
$604.2M
Q2 25
$605.4M
Q1 25
$602.2M
Q4 24
$178.7M
$519.0M
Q3 24
$526.8M
Q2 24
$482.7M
Stockholders' Equity
ARTNA
ARTNA
CTO
CTO
Q1 26
$575.4M
Q4 25
$249.9M
$567.3M
Q3 25
$248.8M
$557.3M
Q2 25
$244.9M
$574.1M
Q1 25
$241.7M
$593.9M
Q4 24
$239.2M
$612.8M
Q3 24
$238.3M
$595.8M
Q2 24
$234.4M
$491.8M
Total Assets
ARTNA
ARTNA
CTO
CTO
Q1 26
$1.3B
Q4 25
$851.2M
$1.3B
Q3 25
$833.9M
$1.2B
Q2 25
$819.3M
$1.2B
Q1 25
$808.9M
$1.2B
Q4 24
$798.6M
$1.2B
Q3 24
$796.0M
$1.2B
Q2 24
$783.1M
$1.0B
Debt / Equity
ARTNA
ARTNA
CTO
CTO
Q1 26
Q4 25
0.71×
1.09×
Q3 25
1.08×
Q2 25
1.05×
Q1 25
1.01×
Q4 24
0.75×
0.85×
Q3 24
0.88×
Q2 24
0.98×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ARTNA
ARTNA
CTO
CTO
Operating Cash FlowLast quarter
$10.5M
Free Cash FlowOCF − Capex
$-7.9M
FCF MarginFCF / Revenue
-28.1%
Capex IntensityCapex / Revenue
65.4%
Cash ConversionOCF / Net Profit
2.53×
TTM Free Cash FlowTrailing 4 quarters
$-18.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ARTNA
ARTNA
CTO
CTO
Q1 26
Q4 25
$10.5M
$64.6M
Q3 25
$11.0M
$25.5M
Q2 25
$7.9M
$21.9M
Q1 25
$11.0M
$10.3M
Q4 24
$6.7M
$59.9M
Q3 24
$10.7M
$21.2M
Q2 24
$6.9M
$12.9M
Free Cash Flow
ARTNA
ARTNA
CTO
CTO
Q1 26
Q4 25
$-7.9M
Q3 25
$-3.3M
Q2 25
$-7.9M
Q1 25
$560.0K
Q4 24
$-8.3M
Q3 24
$-1.9M
Q2 24
$-2.6M
FCF Margin
ARTNA
ARTNA
CTO
CTO
Q1 26
Q4 25
-28.1%
Q3 25
-10.7%
Q2 25
-27.8%
Q1 25
2.2%
Q4 24
-30.9%
Q3 24
-6.5%
Q2 24
-9.4%
Capex Intensity
ARTNA
ARTNA
CTO
CTO
Q1 26
Q4 25
65.4%
Q3 25
46.7%
Q2 25
55.6%
Q1 25
40.2%
Q4 24
55.9%
Q3 24
43.1%
Q2 24
34.5%
Cash Conversion
ARTNA
ARTNA
CTO
CTO
Q1 26
Q4 25
2.53×
2.28×
Q3 25
1.58×
8.75×
Q2 25
1.26×
Q1 25
2.02×
4.56×
Q4 24
1.74×
Q3 24
1.56×
3.40×
Q2 24
1.29×
10.89×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ARTNA
ARTNA

Water Sales$22.3M80%
Other Utility Operating Revenue$3.8M14%
Non Utility Operating Revenue$1.9M7%

CTO
CTO

Segment breakdown not available.

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