To the full analysis
Argan stock: growth
AGXArgan reported $944.61M in revenue for fiscal 2026, up 8.1% on the prior year, up 19.2% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
14.8%
per year from 2007 to 2026, per share 9.1%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2021 | since 2016 | since 2007 | |
|---|---|---|---|
| Revenue | 19.2% | 8.6% | 14.8% |
| Revenue per share | 22.1% | 9.3% | 9.1% |
| Earnings | 42.0% | 14.3% | no data |
| Earnings per share | 45.8% | 15.1% | no data |
| Free cash flow | 18.9% | no data | no data |
| Free cash flow per share | 21.8% | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2007 | $68.87M | −$113K | −$14.23M |
| 2008 | $206.78M | −$3.21M | $41.63M |
| 2009 | $220.93M | $10.02M | −$11.84M |
| 2010 | $232.33M | $7.04M | −$13.15M |
| 2011 | $182.59M | $7.77M | $18.85M |
| 2012 | $141.85M | $9.27M | $76.98M |
| 2013 | $278.64M | $23.27M | $24.3M |
| 2014 | $227.46M | $40.13M | $97.85M |
| 2015 | $383.11M | $30.45M | $90.39M |
| 2016 | $413.28M | $36.35M | −$36.72M |
| 2017 | $675.05M | $70.33M | $256.23M |
| 2018 | $892.82M | $72.01M | −$77.62M |
| 2019 | $482.15M | $52.04M | −$120.92M |
| 2020 | $239M | −$42.94M | $46.51M |
| 2021 | $392.21M | $23.85M | $172.98M |
| 2022 | $509.37M | $38.24M | $26.99M |
| 2023 | $455.04M | $33.1M | −$33.43M |
| 2024 | $573.33M | $32.36M | $114.1M |
| 2025 | $874.18M | $85.46M | $161M |
| 2026 | $944.61M | $137.77M | $410.84M |
Revenue by segment
How Argan, Inc. makes its money and how that has shifted. Names are as the company reports them.
- Power Industry Services80%
- Industrial Fabrication And Field Services18%
- Other2%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies.
Figures as a table
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Share 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Power Industry Services | $586.63M | $814.54M | $367.81M | $135.73M | $319.35M | $398.09M | $346.03M | $416.28M | $693.04M | $756.5M | 80.1% |
| Industrial Fabrication And Field Services | $78.99M | $65.3M | $101.67M | $94.68M | $65.26M | $97.89M | $92.77M | $142.8M | $167.62M | $167.55M | 17.7% |
| Other | $9.43M | $12.97M | $12.67M | $8.59M | $7.59M | $13.39M | $16.23M | $14.25M | $13.52M | $20.55M | 2.2% |
| Total revenue | $675.05M | $892.82M | $482.15M | $239M | $392.21M | $509.37M | $455.04M | $573.33M | $874.18M | $944.61M | 100% |
Revenue by region
Where Argan, Inc. generates its revenue.
- U [S]90%
- I [E]7%
- G [B]3%
Figures as a table
| 2022 | 2023 | 2024 | 2025 | 2026 | Share 2026 | |
|---|---|---|---|---|---|---|
| U [S] | $456.21M | $328.85M | $334.24M | $783.11M | $852.21M | 90.2% |
| I [E] | $35.04M | $68.24M | $198.7M | $81.36M | $65.01M | 6.9% |
| G [B] | $17.52M | $57.95M | $40.39M | $9.72M | $27.39M | 2.9% |
| Total revenue | $509.37M | $455.04M | $573.33M | $874.18M | $944.61M | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Jan 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong since 10 Nov 2026, previously Neutral
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.