15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | $945M | $138M | 20.5% | 14.3% | 29.8% | 11.6% | $411M | — | $339M |
| 2025 | $874M | $85M | 16.1% | 10.1% | 24.3% | 10.2% | $161M | — | $145M |
| 2024 | $573M | $32M | 14.1% | 6.4% | 11.1% | 5.4% | $114M | — | $197M |
| 2023 | $455M | $35M | 19.0% | 9.2% | 12.4% | 7.1% | -$33M | — | $174M |
| 2022 | $509M | $36M | 19.6% | 8.7% | 10.9% | 6.4% | $27M | — | $350M |
| 2021 | $392M | $24M | 15.8% | 5.9% | 7.4% | 4.0% | $174M | — | $367M |
| 2020 | $239M | -$43M | -2.9% | -23.4% | -12.6% | -8.8% | $47M | — | $167M |
| 2019 | $482M | $52M | 17.1% | 8.3% | 13.2% | 10.9% | -$121M | — | $164M |
| 2018 | $893M | $72M | 16.7% | 12.0% | 20.1% | 13.3% | -$78M | — | $122M |
| 2017 | $675M | $70M | 21.7% | 16.6% | 24.1% | 10.9% | $256M | — | $167M |
| 2016 | — | $36M | — | — | 16.6% | 8.9% | -$36M | — | $161M |
| 2015 | — | $30M | — | — | 16.4% | 7.8% | $90M | — | $334M |
| 2014 | — | $40M | — | — | 25.7% | 12.4% | $97M | — | $272M |
| 2013 | — | $23M | — | — | 19.2% | 9.9% | $24M | — | $175M |
| 2012 | — | $9M | — | — | 9.2% | 4.5% | $77M | — | $157M |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jul '26 | $384M | $53M | 19.3% | 14.8% | 10.5% | 3.8% | $92M | — | $364M |
| Apr '26 | $291M | $46M | 21.0% | 15.6% | 9.7% | 3.6% | $111M | — | $356M |
| Jan '26 | $262M | $49M | 25.0% | 18.2% | 10.6% | 4.1% | $171M | — | $339M |
| Oct '25 | $251M | $31M | 18.7% | 13.0% | 7.3% | 2.9% | $172M | — | $306M |
| Jul '25 | $238M | $35M | 18.6% | 12.6% | 9.0% | 4.0% | $33M | — | $178M |
| Apr '25 | $194M | $23M | 19.0% | 12.6% | 6.2% | 2.8% | $35M | — | $189M |
| Jan '25 | $232M | $31M | 20.5% | 14.1% | 8.9% | 3.8% | $43M | — | $145M |
| Oct '24 | $257M | $28M | 17.2% | 11.8% | 8.5% | 3.6% | $29M | — | $175M |
| Jul '24 | $227M | $18M | 13.7% | 8.2% | 5.9% | 2.5% | $71M | — | $233M |
| Apr '24 | $158M | $8M | 11.4% | 4.1% | 2.7% | 1.3% | $17M | — | $208M |
| Jan '24 | $165M | $12M | 14.4% | 7.1% | 4.1% | 2.0% | $24M | — | $197M |
| Oct '23 | $164M | $5M | 11.7% | 4.8% | 1.9% | 1.0% | $57M | — | $186M |
| Jul '23 | $141M | $13M | 16.8% | 9.4% | 4.5% | 2.5% | $35M | — | $205M |
| Apr '23 | $104M | $2M | 13.7% | 3.5% | 0.8% | 0.4% | -$2M | — | $196M |
| Jan '23 | $119M | $14M | 16.9% | 8.1% | 4.9% | 2.8% | $42M | — | $174M |
| Oct '22 | $118M | $8M | 18.8% | 8.1% | 2.8% | 1.9% | -$18M | — | $136M |
| Jul '22 | $118M | $4M | 20.6% | 11.3% | 1.5% | 1.0% | -$17M | — | $143M |
| Apr '22 | $100M | $7M | 19.7% | 9.1% | 2.5% | 1.5% | -$40M | — | $192M |
| Jan '22 | $126M | $2M | 17.7% | -0.9% | 0.7% | 0.4% | -$14M | — | $350M |
| Oct '21 | $124M | $12M | 21.0% | 11.7% | 3.6% | 2.0% | -$6M | — | $392M |
How the market has priced AGX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Argan's revenue has grown 19.2% per year, and net income grown 42.0% per year. These are computed facts, not advice.
As of FY2026, Argan reported — of total debt against $339M of cash.
In FY2026, gross margin was 20.5%, operating margin 14.3%, and net margin 14.6%.
As of Sep '26, Argan traded at a price-to-earnings ratio of about 42.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.