Company Overview
Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market in the United States, Republic of Ireland, and the United Kingdom. It operates through three segments: Power, Industrial, and Teledata. Its Power segment offers engineering, procurement, and construction, as well as designing, building, and commissioning of large-scale energy projects; and design, construction, project management, start-up, and operation, as well as provides technical consulting services; and turbine, boiler, and large rotating equipment. This segment serves independent power producers, public utilities, power plant equipment suppliers, and other commercial firms. The company's Industrial segment provides field services that support new plant construction and additions; maintenance turnarounds; shutdowns and emergency mobilizations for industrial plants; and fabricates, delivers, and installation of metal components, such as piping systems and pressure vessels. Its Teledata segment offers trenchless directional boring and excavation for underground communication and power networks; aerial cabling; high and low voltage electric lines; and private area outdoor lighting systems, as well as installs buried cable. It also provides structured cabling, terminations, and connectivity that offers the physical transport for high-speed data, voice, video, and security networks; and utility construction services and comprehensive technology wiring solutions. This segment serves electricity cooperative, state and federal government agencies, counties and municipalities, and technology-oriented government contracting firms, as well as customers in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Arlington, Virginia.
Why Investors Should Care
Generates a return on equity of 38.5%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 28.3%.
Net profit has compounded at 22.8% per year over the last five years.
Maintains a net profit margin of 15.5%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Jan 2026 Revenue of $944.61M (+8.1% YoY); net profit $137.77M.
- Trailing 12 Months Year-on-year growth — revenue +50.2%, earnings +102.5%.
- 5-Year Trend Long-term compounding — revenue CAGR 4.3%, profit CAGR 22.8%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 4.29% |
| 1 Year: | 50.20% |
Compounded Profit Growth
| 5 Years: | 22.79% |
| 1 Year: | 102.50% |
Stock Price Performance
| 1 Year: | +82.98% |
| 6 Months: | +1.08% |
| 3 Months: | -39.78% |
| 1 Month: | -29.26% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)30.87 · Neutral
P/E of 36.67 is above the sector median of 27.38 — pricier than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 38.5%.
- Healthy ROCE of 28.3%.
- Profit CAGR of 22.8% over 5 years.
- Generates positive free cash flow.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading 47.6% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AGX Argan, Inc. R2KR3K | 417.99 | 36.67 | $5.86B | 0.34% | 28.35% | 38.52% | 4.29% | 22.79% |
| 2 | SPCX Space Exploration Technologies Corp. R3KAIDEFENCE | 147.95 | -134.50 | $1.12T | 0.00% | -3.22% | -11.95% | 34.08% | -3.34% |
| 3 | CAT Caterpillar Inc. SPXR3K | 813.94 | 35.05 | $374.15B | 0.76% | 17.98% | 56.97% | 2.29% | 5.24% |
| 4 | GE GE Aerospace SPXR3KDEFENCE | 337.12 | 39.85 | $349.78B | 0.50% | 9.52% | 48.23% | -7.42% | -5.36% |
| 5 | RTX RTX Corporation SPXR3KDEFENCE | 200.79 | 35.41 | $270.62B | 1.31% | 8.28% | 12.27% | 2.61% | 2.62% |
| 6 | GEV GE Vernova Inc. SPXR3KAI | 941.95 | 26.98 | $250.87B | 0.20% | 6.30% | 82.58% | 8.68% | - |
| 7 | DE Deere & Company SPXR3K | 693.53 | 39.29 | $187.33B | 1.05% | 12.53% | 18.35% | 3.43% | 5.10% |
| 8 | UNP Union Pacific Corporation SPXR3K | 291.88 | 23.83 | $173.40B | 1.92% | 15.22% | 39.70% | 2.30% | 7.77% |
| 9 | BA The Boeing Company SPXR3KDEFENCE | 212.25 | 76.08 | $167.63B | 0.00% | -9.01% | - | 1.67% | -3.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Apr 2015 | Jul 2015 | Oct 2015 | Jan 2016 | Apr 2016 | Jul 2016 | Oct 2016 | Jan 2017 | Apr 2017 | Jul 2017 | Oct 2017 | Jan 2018 | Apr 2018 | Jul 2018 | Oct 2018 | Jan 2019 | Apr 2019 | Jul 2019 | Oct 2019 | Jan 2020 | Apr 2020 | Jul 2020 | Oct 2020 | Apr 2021 | Jul 2021 | Oct 2021 | Apr 2022 | Jul 2022 | Oct 2022 | Apr 2023 | Jul 2023 | Oct 2023 | Apr 2024 | Jul 2024 | Oct 2024 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 230.49M | 259.80M | 232.94M | 169.58M | 141.37M | 136.67M | 116.46M | 87.66M | 49.54M | 63.06M | 58.41M | 67.99M | 60.15M | 87.49M | 127.33M | 126.34M | 133.01M | 124.45M | 100.28M | 118.11M | 117.88M | 103.67M | 141.35M | 163.75M | 157.68M | 227.01M | 257.01M | 193.66M | 237.74M | 251.15M | 262.05M | 290.95M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 156.80M | 193.48M | 204.20M | 196.45M | 229.84M |
| Gross Profit | 21.17M | 28.49M | 26.26M | 23.54M | 28.30M | 44.01M | 36.58M | 37.82M | 40.10M | 51.41M | 37.72M | 20.10M | 15.45M | 30.71M | 29.53M | 6.75M | -21.03M | 2.96M | 5.99M | 5.25M | 4.01M | 15.63M | 20.34M | 23.71M | 27.65M | 26.14M | 19.74M | 24.39M | 22.21M | 14.22M | 23.74M | 19.23M | 17.94M | 31.11M | 44.33M | 36.86M | 44.27M | 46.95M | 65.60M | 61.11M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.52M | 14.21M | 14.32M | 17.93M | 15.72M |
| Operating Income | 15.63M | 23.64M | 20.67M | 14.46M | 21.25M | 34.50M | 26.73M | 29.77M | 30.61M | 40.61M | 27.60M | 8.16M | 5.82M | 20.33M | 18.39M | -4.29M | -32.69M | -7.07M | -6.14M | -9.94M | -6.33M | 6.54M | 10.95M | 13.82M | 17.32M | 14.54M | 9.16M | 13.40M | 9.54M | 3.63M | 13.24M | 7.86M | 6.52M | 18.68M | 30.33M | 24.34M | 30.05M | 32.63M | 47.67M | 45.40M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 25.93M | 30.05M | 33.14M | 52.43M | 47.58M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29.79M | 35.64M | 39.69M | 55.39M | 53.77M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 7.24M | 361.00K | 8.96M | 6.18M | 7.71M |
| Net Income | 7.50M | 11.31M | 10.81M | 6.73M | 12.23M | 19.67M | 18.07M | 20.35M | 20.62M | 27.14M | 17.23M | 7.02M | 4.84M | 16.97M | 32.43M | -2.21M | -29.80M | 1.15M | -6.86M | -7.19M | -763.00K | 5.61M | 9.45M | 10.77M | 12.87M | 12.39M | 7.49M | 4.22M | 7.76M | 2.11M | 12.77M | 5.46M | 7.88M | 18.20M | 28.01M | 22.55M | 35.27M | 30.74M | 49.21M | 46.06M |
| Diluted EPS | 0.50 | 0.75 | 0.72 | 0.45 | 0.81 | 1.29 | 1.16 | 1.29 | 1.31 | 1.72 | 1.09 | 0.45 | 0.31 | 1.08 | 2.07 | -0.14 | -1.91 | 0.07 | -0.44 | -0.46 | -0.05 | 0.36 | 0.60 | 0.67 | 0.81 | 0.78 | 0.50 | 0.30 | 0.56 | 0.16 | 0.94 | 0.40 | 0.58 | 1.31 | 2.00 | 1.60 | 2.50 | 2.17 | 3.47 | 3.24 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Jan 2011 | Jan 2012 | Jan 2013 | Jan 2014 | Jan 2015 | Jan 2016 | Jan 2017 | Jan 2018 | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | 675.05M | 892.82M | 482.15M | 239.00M | 392.21M | - | 455.04M | 573.33M | 874.18M | 944.61M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | 368.68M | 492.50M | 733.19M | 750.93M |
| Gross Profit | 29.12M | 23.10M | 50.13M | 78.85M | 83.60M | 99.47M | 146.71M | 149.32M | 82.44M | -6.82M | 62.07M | - | 86.36M | 80.83M | 140.99M | 193.68M |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | 44.69M | 44.38M | 52.79M | 58.98M |
| Operating Income | 16.99M | 11.92M | 35.38M | 65.93M | 64.13M | 74.41M | 112.25M | 106.98M | 40.24M | -55.84M | 23.03M | - | 41.67M | 36.46M | 88.19M | 134.70M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | 47.21M | 40.38M | 93.86M | 140.87M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | 46.00M | 48.93M | 111.20M | 160.51M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | 11.30M | 16.57M | 25.75M | 22.73M |
| Net Income | 7.77M | 9.27M | 23.27M | 40.12M | 30.45M | 36.34M | 70.33M | 72.01M | 52.04M | -42.69M | 23.85M | - | 33.10M | 32.36M | 85.46M | 137.77M |
| Diluted EPS | 0.57 | 0.67 | 1.65 | 2.78 | 2.05 | 2.42 | 4.50 | 4.56 | 3.32 | -2.73 | 1.51 | - | 2.33 | 2.39 | 6.15 | 9.74 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Jan 2010 | Jan 2011 | Jan 2012 | Jan 2013 | Jan 2014 | Jan 2015 | Jan 2016 | Jan 2017 | Jan 2018 | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | 130.54M | 205.25M | 234.72M | 323.31M | 391.19M | 409.79M | 644.49M | 542.67M | 476.65M | 487.54M | 602.63M | - | 489.49M | 598.23M | 836.23M | 1.19B |
| Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | 438.70M | 547.18M | 781.30M | 1.13B |
| Cash & Equivalents | 66.15M | 83.29M | 156.52M | 175.14M | 272.21M | 333.69M | 160.91M | 167.20M | 122.11M | 164.32M | 167.36M | 366.67M | - | 173.95M | 197.03M | 145.26M | 339.48M |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.90M | 9.98M | 320.00K | 10.98M |
| Receivables | - | - | - | - | - | - | - | - | - | - | - | - | - | 50.13M | 47.33M | 175.81M | 133.68M |
| Total Liabilities | - | 32.90M | 104.29M | 115.56M | 165.53M | 216.24M | 187.94M | 351.92M | 184.54M | 82.28M | 146.51M | 280.22M | - | 208.59M | 307.29M | 484.37M | 724.09M |
| Current Liabilities | - | 32.87M | 104.28M | 115.55M | 165.24M | 215.43M | 187.71M | 350.72M | 183.26M | 81.32M | 144.03M | 276.09M | - | 202.50M | 302.26M | 479.86M | 711.26M |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.57M | 2.73M | 2.71M | 2.52M |
| Total Equity | 88.37M | 97.64M | 101.26M | 120.92M | 156.31M | 185.47M | 218.52M | 291.63M | 358.08M | 394.57M | 339.25M | 320.67M | - | 280.90M | 290.94M | 351.86M | 462.26M |
| Shares Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | 15.83M | 15.83M | 15.83M | 15.83M |
Cash Flows (Annual)
Figures in USD.
| Metric | Jan 2011 | Jan 2012 | Jan 2013 | Jan 2014 | Jan 2015 | Jan 2016 | Jan 2017 | Jan 2018 | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 19.34M | 78.72M | 31.56M | 98.41M | 93.33M | -33.03M | 259.04M | -72.79M | -112.32M | 53.56M | 176.01M | - | -30.06M | 116.86M | 167.58M | 414.72M |
| Investing Cash Flow | -483.00K | 790.00K | -7.26M | 5.33M | -3.55M | -130.54M | -243.81M | 38.67M | 170.63M | -36.06M | 66.97M | - | -63.12M | -67.61M | -193.62M | -182.02M |
| Financing Cash Flow | -1.72M | -6.27M | -5.68M | -6.67M | -28.30M | -8.65M | -8.86M | -13.62M | -15.54M | -13.99M | -45.41M | - | -82.80M | -26.05M | -26.06M | -42.59M |
| Capital Expenditure | -483.00K | -1.74M | -7.26M | -1.14M | -2.94M | -3.12M | -2.81M | -4.83M | -8.60M | -7.06M | -1.70M | - | -3.37M | -2.76M | -6.58M | -3.88M |
| Free Cash Flow | 18.85M | 76.98M | 24.30M | 97.27M | 90.39M | -36.15M | 256.23M | -77.62M | -120.92M | 46.51M | 174.32M | - | -33.43M | 114.10M | 161.00M | 410.84M |
| Net Change in Cash | - | - | - | - | - | - | - | - | - | - | - | - | -175.99M | 23.20M | -52.09M | 190.11M |
| Share Buybacks | - | - | - | - | - | - | - | - | - | - | - | 20.37M | 68.24M | 12.46M | 1.52M | 9.88M |
| Dividends Paid | - | 6.80M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Jan 2011 | Jan 2012 | Jan 2013 | Jan 2014 | Jan 2015 | Jan 2016 | Jan 2017 | Jan 2018 | Jan 2019 | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | 21.7% | 16.7% | 17.1% | -2.9% | 15.8% | - | 19.0% | 14.1% | 16.1% | 20.5% |
| Operating Margin % | - | - | - | - | - | - | 16.6% | 12.0% | 8.3% | -23.4% | 5.9% | - | 9.2% | 6.4% | 10.1% | 14.3% |
| Net Margin % | - | - | - | - | - | - | 10.4% | 8.1% | 10.8% | -17.9% | 6.1% | - | 7.3% | 5.6% | 9.8% | 14.6% |
| ROE % | 8.0% | 9.2% | 19.2% | 25.7% | 16.4% | 16.6% | 24.1% | 20.1% | 13.2% | -12.6% | 7.4% | - | 11.8% | 11.1% | 24.3% | 29.8% |
| ROCE % | 17.4% | 11.8% | 29.7% | 41.7% | 36.5% | 33.5% | 38.2% | 29.8% | 10.2% | -16.3% | 7.1% | - | 14.5% | 12.3% | 24.7% | 28.4% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 15.76% | 2.21M | $922.83M |
| 2 | Vanguard Portfolio Management LLC | 5.55% | 778.04K | $325.02M |
| 3 | First Trust Advisors LP | 5.38% | 754.40K | $315.14M |
| 4 | Renaissance Technologies, LLC | 4.62% | 648.38K | $270.85M |
| 5 | Vanguard Capital Management LLC | 4.24% | 594.78K | $248.46M |
| 6 | State Street Corporation | 3.88% | 544.20K | $227.33M |
| 7 | Geode Capital Management, LLC | 3.61% | 506.13K | $211.43M |
| 8 | American Century Companies Inc | 3.20% | 447.98K | $187.14M |
| 9 | Price (T.Rowe) Associates Inc | 3.00% | 420.10K | $175.49M |
| 10 | Lone Pine Capital Llc | 2.63% | 368.67K | $154.01M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for AGX
Freedom Broker Turns Bullish on Argan (AGX) After Record Quarter
On September 2, Argan, Inc. (NYSE:AGX) reported strong results for its second quarter of fiscal year 2027. The company posted record revenue of $384 million, a gross margin of 19.3%, record net income of $53 million, and record adjusted EBI…
Argan Stock Rises on Q2 Earnings & Revenue Beat, Gross Margin Up Y/Y
AGX's Q2 earnings and revenues beat estimates as Power growth, margin expansion and a $2.5B backlog strengthen its outlook.
Argan Q2 Earnings Call Highlights Power Pipeline and Margin Outlook
AGX's Q2 beat highlights a strong gas-project pipeline, solid Power margins and capacity expansion, even as near-term revenue growth may moderate.
Argan, Inc. Q2 2027 Earnings Call Summary
Moby summary of Argan, Inc.'s Q2 2027 earnings call
Argan Shares Rise After Q2 Earnings and Revenue Exceed Estimates
Argan (NYSE:AGX) shares rose 9. 4% in premarket trading after the engineering and construction company reported fiscal second-quarter earnings and revenue above analyst expectations.
Argan Inc (AGX) (Q2 2027) Earnings Call Highlights: Record Revenue and Net Income Surge 62%
Argan Inc (AGX) reports record Q2 fiscal 2027 results with revenue of $384 million, net income of $53.3 million, and a robust $2.5 billion backlog despite margin pressures in the Industrial segment.
AGX — Frequently Asked Questions
What is the current share price of Argan, Inc. (AGX)?
As of 2026-09-07 16:24 PDT, Argan, Inc. (AGX) trades at $417.99 on NYSE. Its 52-week range is $202.87 to $797.90.
What is the market capitalisation of AGX?
Argan, Inc. (AGX) has a market capitalisation of $5.86B on NYSE.
What is the P/E ratio of AGX?
AGX trades at a trailing price-to-earnings (P/E) ratio of 36.67. The industry average P/E is 27.38. Its price-to-book (P/B) ratio is 17.69.
Does AGX pay a dividend?
Argan, Inc. (AGX) currently offers a dividend yield of 0.34%.
What is the return on equity (ROE) of AGX?
AGX has a return on equity (ROE) of 38.52%. Its return on capital employed (ROCE) is 28.35%.
Is AGX a good stock to buy?
This page provides a data-driven analysis of Argan, Inc. (AGX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.