Argan, Inc.

NYSE:AGX Stock Report

Market Cap: US$8.5b

Argan Past Earnings Performance

Past criteria checks 6/6

Argan has been growing earnings at an average annual rate of 32.9%, while the Construction industry saw earnings growing at 18.4% annually. Revenues have been growing at an average rate of 18% per year. Argan's return on equity is 29.8%, and it has net margins of 14.6%.

Key information

32.92%

Earnings growth rate

36.12%

EPS growth rate

Construction Industry Growth20.19%
Revenue growth rate17.99%
Return on equity29.80%
Net Margin14.59%
Last Earnings Update31 Jan 2026

Recent past performance updates

Recent updates

Electrification And Aging Power Infrastructure Will Support Long Term Earnings Strength

Catalysts About Argan Argan provides engineering, procurement and construction services for large, complex power generation, industrial and data infrastructure projects across its Power, Industrial and Teledata segments. What are the underlying business or industry changes driving this perspective?

Argan's Exuberant Momentum Meets Excellent Monetization - Maintain Hold

Mar 27

Argan Inc. (AGX): The Energy Transition Architect – Scaling Gas and Renewables with a $3 Billion Backlog in 2026.

Argan Inc. (AGX) is currently positioned as a critical infrastructure engine in the power generation sector, trading at $439.59 as of the March 3, 2026, close.

Optimistic Investors Push Argan, Inc. (NYSE:AGX) Shares Up 29% But Growth Is Lacking

Jan 17
Optimistic Investors Push Argan, Inc. (NYSE:AGX) Shares Up 29% But Growth Is Lacking

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

Revenue & Expenses Breakdown

How Argan makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:AGX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Jan 26945138550
31 Oct 25915120530
31 Jul 25921117520
30 Apr 25910100500
31 Jan 2587485490
31 Oct 2480666460
31 Jul 2471344440
30 Apr 2462738420
31 Jan 2457332410
31 Oct 2352834380
31 Jul 2348236390
30 Apr 2345828390
31 Jan 2345533390
31 Oct 2246222440
31 Jul 2246826430
30 Apr 2248335430
31 Jan 2250938420
31 Oct 2150146360
31 Jul 2150443340
30 Apr 2145835330
31 Jan 2139224330
31 Oct 203437340
31 Jul 20274-9370
30 Apr 20250-14380
31 Jan 20239-43370
31 Oct 19259-38350
31 Jul 193172340
30 Apr 1939017340
31 Jan 1948252340
31 Oct 1856461370
31 Jul 1868146360
30 Apr 1880456370
31 Jan 1889372370
31 Oct 1793085380
31 Jul 1787286380
30 Apr 1777579350
31 Jan 1767570280
31 Oct 1658557330
31 Jul 1652349280
30 Apr 1645841260
31 Jan 1641336250
31 Oct 1539936220
31 Jul 1541337220
30 Apr 1541734220

Quality Earnings: AGX has high quality earnings.

Growing Profit Margin: AGX's current net profit margins (14.6%) are higher than last year (9.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: AGX's earnings have grown significantly by 32.9% per year over the past 5 years.

Accelerating Growth: AGX's earnings growth over the past year (61.2%) exceeds its 5-year average (32.9% per year).

Earnings vs Industry: AGX earnings growth over the past year (61.2%) exceeded the Construction industry 26.5%.

Return on Equity

High ROE: AGX's Return on Equity (29.8%) is considered high.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/10 04:30
End of Day Share Price 2026/04/10 00:00
Earnings2026/01/31
Annual Earnings2026/01/31

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 6 analysts. 5 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.
Sergey GlinyanovFreedom Broker
Drew ChamberlainJ.P. Morgan