Argan, Inc.

NYSE:AGX Stock Report

Market Cap: US$4.6b

Argan Future Growth

Future criteria checks 3/6

Argan is forecast to grow earnings and revenue by 13.7% and 17.5% per annum respectively. EPS is expected to grow by 12.7% per annum. Return on equity is forecast to be 31.9% in 3 years.

Key information

13.7%

Earnings growth rate

12.70%

EPS growth rate

Construction earnings growth20.3%
Revenue growth rate17.5%
Future return on equity31.92%
Analyst coverage

Low

Last updated08 Dec 2025

Recent future growth updates

Recent updates

Argan: Q3 Revenue Dipped, But The Real Story Is Backlog And Strong Margins

Dec 09

Optimistic Investors Push Argan, Inc. (NYSE:AGX) Shares Up 25% But Growth Is Lacking

Nov 22
Optimistic Investors Push Argan, Inc. (NYSE:AGX) Shares Up 25% But Growth Is Lacking

Earnings Not Telling The Story For Argan, Inc. (NYSE:AGX) After Shares Rise 27%

Oct 08
Earnings Not Telling The Story For Argan, Inc. (NYSE:AGX) After Shares Rise 27%

Are Argan, Inc. (NYSE:AGX) Investors Paying Above The Intrinsic Value?

Jul 15
Are Argan, Inc. (NYSE:AGX) Investors Paying Above The Intrinsic Value?

If EPS Growth Is Important To You, Argan (NYSE:AGX) Presents An Opportunity

Jun 28
If EPS Growth Is Important To You, Argan (NYSE:AGX) Presents An Opportunity

Weekly Picks: 📊 OXY's Diversification Strategy, AGX's Tailwinds, and SAP's Valuation Risks

Jun 10
Weekly Picks: 📊 OXY's Diversification Strategy, AGX's Tailwinds, and SAP's Valuation Risks

OXY's

Jun 10
OXY's
User avatar

Argan's Revenue Set to Soar with a 13.31% Growth in the Coming Decade

Material and Labor InflationConstruction material costs (steel, concrete, lumber) have risen 15–20% since 2020 due to supply chain disruptions and tariffs. For AGX, which relies on these inputs for po

Market Participants Recognise Argan, Inc.'s (NYSE:AGX) Earnings Pushing Shares 34% Higher

May 27
Market Participants Recognise Argan, Inc.'s (NYSE:AGX) Earnings Pushing Shares 34% Higher

We Like Argan's (NYSE:AGX) Returns And Here's How They're Trending

May 22
We Like Argan's (NYSE:AGX) Returns And Here's How They're Trending

Argan: Don't Be Fooled Into Buying This Dip

Apr 18

Earnings Tell The Story For Argan, Inc. (NYSE:AGX) As Its Stock Soars 29%

Apr 12
Earnings Tell The Story For Argan, Inc. (NYSE:AGX) As Its Stock Soars 29%

Don't Jump The Gun, As Argan Offers Little Upside At Current Valuation

Mar 20

Argan, Inc.'s (NYSE:AGX) 25% Cheaper Price Remains In Tune With Earnings

Feb 26
Argan, Inc.'s (NYSE:AGX) 25% Cheaper Price Remains In Tune With Earnings

Argan: Promising Long-Term Prospects, Maintain Buy

Feb 10

Argan, Inc.'s (NYSE:AGX) Intrinsic Value Is Potentially 94% Above Its Share Price

Feb 06
Argan, Inc.'s (NYSE:AGX) Intrinsic Value Is Potentially 94% Above Its Share Price

Argan: You May Get Burned Buying This Peak

Jan 08

Why We're Not Concerned About Argan, Inc.'s (NYSE:AGX) Share Price

Jan 04
Why We're Not Concerned About Argan, Inc.'s (NYSE:AGX) Share Price

Argan Is A Bargain; Worrying About Backlog Is Missing The Bigger Picture

Dec 06

Argan: AI Beneficiary Not Yet Fully Discovered

Nov 26

Argan's (NYSE:AGX) Returns On Capital Are Heading Higher

Nov 22
Argan's (NYSE:AGX) Returns On Capital Are Heading Higher

Earnings and Revenue Growth Forecasts

NYSE:AGX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
1/31/20281,4331721831874
1/31/20271,2011371221264
1/31/20269381172692724
10/31/2025915120283287N/A
7/31/2025921117140146N/A
4/30/2025910100179185N/A
1/31/202587485161168N/A
10/31/202480666142148N/A
7/31/202471344169173N/A
4/30/202462738133136N/A
1/31/202457332114117N/A
10/31/202352834132135N/A
7/31/2023482365861N/A
4/30/20234582858N/A
1/31/202345533-33-30N/A
10/31/202246222-89-86N/A
7/31/202246826-77-76N/A
4/30/202248335-29-29N/A
1/31/2022509382728N/A
10/31/2021501467475N/A
7/31/202150443119120N/A
4/30/202145835151153N/A
1/31/202139224174176N/A
10/31/20203437178180N/A
7/31/2020274-9204210N/A
4/30/2020250-14124130N/A
1/31/2020239-434754N/A
10/31/2019259-38-53N/A
7/31/20193172N/A-107N/A
4/30/201939017N/A-88N/A
1/31/201948252N/A-112N/A
10/31/201856461N/A-149N/A
7/31/201868146N/A-166N/A
4/30/201880456N/A-175N/A
1/31/201889372N/A-73N/A
10/31/201793085N/A51N/A
7/31/201787286N/A181N/A
4/30/201777579N/A256N/A
1/31/201767570N/A259N/A
10/31/201658557N/A199N/A
7/31/201652349N/A109N/A
4/30/201645841N/A13N/A
1/31/201641336N/A-33N/A
10/31/201539936N/A-39N/A
7/31/201541337N/A-6N/A
4/30/201541734N/A51N/A
1/31/201538330N/A93N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AGX's forecast earnings growth (13.7% per year) is above the savings rate (3.3%).

Earnings vs Market: AGX's earnings (13.7% per year) are forecast to grow slower than the US market (16.2% per year).

High Growth Earnings: AGX's earnings are forecast to grow, but not significantly.

Revenue vs Market: AGX's revenue (17.5% per year) is forecast to grow faster than the US market (10.7% per year).

High Growth Revenue: AGX's revenue (17.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: AGX's Return on Equity is forecast to be high in 3 years time (31.9%)

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/26 18:48
End of Day Share Price 2025/12/24 00:00
Earnings2025/10/31
Annual Earnings2025/01/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Argan, Inc. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher MooreCJS Securities, Inc.
Drew ChamberlainJ.P. Morgan
Michael FairbanksJ.P. Morgan