Argan's earnings have been declining at an average annual rate of -23.6%, while the Industrial REITs industry saw earnings growing at 8.2% annually. Revenues have been growing at an average rate of 7% per year. Argan's return on equity is 10.1%, and it has net margins of 97.5%.
Key information
-23.59%
Earnings growth rate
-26.14%
EPS growth rate
Industrial REITs Industry Growth
24.31%
Revenue growth rate
7.02%
Return on equity
10.12%
Net Margin
97.47%
Next Earnings Update
23 Jul 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Argan makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
OTCPK:ARLL.F Revenue, expenses and earnings (EUR Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Dec 25
252
245
9
0
30 Sep 25
249
268
9
0
30 Jun 25
247
291
9
0
31 Mar 25
243
268
9
0
31 Dec 24
239
246
9
0
30 Sep 24
234
170
7
0
30 Jun 24
230
94
8
0
31 Mar 24
225
-85
8
0
31 Dec 23
221
-263
7
0
30 Sep 23
216
-378
10
0
30 Jun 23
211
-494
8
0
31 Mar 23
205
-199
9
0
31 Dec 22
198
95
9
0
30 Sep 22
194
373
8
0
30 Jun 22
190
652
8
0
31 Mar 22
188
660
6
0
31 Dec 21
186
668
5
0
30 Sep 21
195
618
5
0
30 Jun 21
205
568
5
0
31 Mar 21
188
423
5
0
31 Dec 20
171
279
5
0
30 Sep 20
148
193
5
0
30 Jun 20
125
107
6
0
31 Mar 20
114
161
6
0
31 Dec 19
102
215
6
0
30 Sep 19
95
222
6
0
30 Jun 19
88
228
5
0
31 Mar 19
87
186
4
0
31 Dec 18
85
145
4
0
30 Sep 18
84
128
4
0
30 Jun 18
83
112
4
0
31 Mar 18
79
102
4
0
31 Dec 17
76
92
3
0
30 Sep 17
73
99
3
0
30 Jun 17
70
107
3
0
31 Mar 17
69
101
3
0
31 Dec 16
67
95
3
0
30 Sep 16
67
78
2
0
30 Jun 16
67
61
2
0
31 Mar 16
67
55
2
0
31 Dec 15
67
50
2
0
30 Sep 15
67
52
2
0
30 Jun 15
67
55
2
0
Quality Earnings: ARLL.F has a large one-off gain of €91.3M impacting its last 12 months of financial results to 31st December, 2025.
Growing Profit Margin: ARLL.F's current net profit margins (97.5%) are lower than last year .
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: ARLL.F's earnings have declined by 23.6% per year over the past 5 years.
Accelerating Growth: ARLL.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ARLL.F had negative earnings growth (-0.2%) over the past year, making it difficult to compare to the Industrial REITs industry average (0.8%).
Return on Equity
High ROE: ARLL.F's Return on Equity (10.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
7D
1Y
7D
1Y
7D
1Y
Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/04/25 08:44
End of Day Share Price
2026/01/26 00:00
Earnings
2025/12/31
Annual Earnings
2025/12/31
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.
* 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 SA is covered by 9 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.