Argan, Inc.

Argan, Inc.

AGXยทNYSE

$686.37

+3.8%
IndustrialsEngineering & Construction

Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services segments. The Power Industry Services segment offers engineering, procurement, and construction contracting services to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, project management, start-up, and operation services for projects with approximately 15 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and energy plant construction companies. The Industrial Fabrication and Field Services segment provides industrial field, and pipe and vessel fabrication services for forest products, industrial gas, fertilizer, and mining companies in southeast region of the United States. The Telecommunications Infrastructure Services segment offers trenchless directional boring and excavation for underground communication and power networks, as well as aerial cabling services; and installs buried cable, high and low voltage electric lines, and private area outdoor lighting systems. It also provides structured cabling, terminations, and connectivity that offers the physical transport for high-speed data, voice, video, and security networks. This segment serves state and local government agencies, regional communications service providers, electric utilities, and other commercial customers, as well as federal government facilities comprising cleared facilities in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Rockville, Maryland.

At a Glance

Live Snapshot
Market Cap$9.58B
EPS10.0000
P/E Ratio35.01
Earnings Date06/04/2026
3Y-1480.0%
5Y+137.0%
10Y+60.0%
3Y+188.0%
5Y-366.0%
10Y-25.0%
3Y-49.0%
5Y-6.0%
10Y+381.0%
AGX

Argan, Inc. Cash Conversion Engine

AGX ยท NYSE
Net Income137.77M
Depreciation & Amortization1.91M
Stock-Based Compensation7.87M
Change in Working Capital257.39M
Others3.49M
Capital Expenditures-3.88M
Free Cash Flow410.84M

Cash Flow Quality Analysis

FCF Conversion Rate

298.2%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

0.9%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+155.2%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$257.39M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.

Argan, Inc. Cash Flow Statement

AGX โ€ข NYSE

Argan, Inc. Cash Flow StatementJan 2026Jan 2025Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020Jan 2019Jan 2018Jan 2017Jan 2016Jan 2015Jan 2014Jan 2013Jan 2012Jan 2011Jan 2010Jan 2009Jan 2008Jan 2007
OPERATING ACTIVITIES
137.8M
85.5M
32.4M
34.7M
35.7M
23.8M
-40.7M
51.9M
72.3M
77.4M
50.2M
43.5M
43.3M
22.1M
7.4M
10M
7M
10M
-3.2M
-113K
1.9M
5.7M
2.4M
3.7M
4.2M
4.6M
4.6M
4.4M
3.8M
3.2M
1.3M
794K
792K
765K
789K
992K
971K
2.4M
7.5M
3.7M
6.3M
1.9M
1.3M
-3.2M
-208K
7.6M
-6.6M
-2.1M
-64K
1.2M
3.4M
896K
1.7M
-139K
-51K
410K
13K
-2.2M
-2.7M
-1M
7.9M
4.5M
4.5M
4M
3.5M
4.8M
3.8M
1.6M
4.7M
2.3M
2.4M
2M
1.5M
1.3M
652K
1.5M
1M
561K
0.0
237K
3.5M
2.3M
-1.7M
-195K
14.1M
2.5M
6.8M
1.2M
-664K
2.5M
-242K
62.4M
-2.4M
-78K
-1.3M
-2.9M
-1.4M
5.1M
8M
13K
(0.0)
(30.8M)
(14.3M)
(6.7M)
(13.9M)
(0.0)
(0.0)
(3.9M)
(44.3M)
(36.9M)
(25.7M)
(18.7M)
(24.7M)
(10M)
(5.1M)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
257.4M
67.9M
78M
-69M
-28.9M
133.2M
87.3M
-169.3M
-152.9M
172.3M
-90.7M
46.2M
54.1M
7.6M
71.3M
9.3M
-20.6M
-27.4M
32.9M
-16.1M
414.7M
167.6M
116.9M
-30.1M
28.4M
174.7M
53.6M
-112.3M
-72.8M
259M
-33.6M
93.3M
99M
31.6M
78.7M
19.3M
-13M
-11.5M
42.5M
-13.3M
INVESTING ACTIVITIES
-3.9M
-6.6M
-2.8M
-3.4M
-1.4M
-1.7M
-7.1M
-8.6M
-4.8M
-2.8M
-3.1M
-2.9M
-1.1M
-7.3M
-1.7M
-487K
-199K
-370K
-873K
-935K
(0.0)
(0.0)
-5.1M
(59.8M)
-5.6M
-1.3M
(29M)
(0.0)
(0.0)
(0.0)
-17.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(6M)
(0.0)
(0.0)
(24.9M)
-376.6M
-314.9M
-219.5M
-249.8M
-90M
-100M
-195M
-191M
-542.5M
-595M
-252M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-20M
(0.0)
150M
149.2M
159.8M
190M
90M
170M
166M
370M
587.5M
354M
138M
0.0
0.0
0.0
0.0
0.0
0.0
-1.6M
22.3M
0.0
48.5M
-21.3M
0.0
-59.8M
-5M
1.3M
-29M
225K
-1.5M
-241M
4M
-614K
6.5M
0.0
2.5M
4K
79K
-1.9M
45K
-2M
-182M
-193.6M
-67.6M
-63.1M
-7M
(68.3M)
-36.1M
(170.6M)
(38.7M)
-243.8M
-130.5M
-2.9M
-1.1M
-7.3M
(790K)
-483K
(5.9M)
-3.9M
(1.4M)
(22M)
FINANCING ACTIVITIES
-9.9M
-1.5M
-12.5M
-68.2M
-20.4M
0.0
0.0
0.0
0.0
0.0
0.0
5.4M
0.0
2.7M
531K
118K
0.0
25M
77K
12.5M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
6.5M
0.0
0.0
-1.8M
-2.3M
-2.6M
-2.6M
7.5M
-24.3M
-18.3M
-14.7M
-14M
-15.7M
-47M
-15.6M
-15.6M
-15.5M
-15.3M
-10.4M
-10.2M
-10.6M
-8.4M
-6.8M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-9.9M
-1.5M
-12.5M
-68.2M
-20.4M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-8.4M
-6.3M
1.1M
-611K
1.4M
1.6M
1.6M
30K
1.9M
6.4M
1.7M
-23.5M
3.4M
0.0
0.0
0.0
737K
823K
0.0
-3.3M
-42.6M
-26.1M
-26.1M
-82.8M
-34.6M
-45.4M
-14M
-15.5M
-13.6M
-8.9M
-8.6M
-28.9M
-780K
-5.7M
-6.3M
-1.7M
-1.6M
23.2M
-2.5M
16.7M
CASH FLOW SUMMARY
4.1M
322K
-116K
-539K
-3M
1.7M
-471K
-553K
2.7M
-85K
-565K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
194.2M
-51.8M
23.1M
-176.5M
-16.2M
199.3M
3M
42.2M
-45.1M
6.3M
-172.8M
61.5M
97.1M
18.6M
73.2M
17.1M
-8.7M
7.8M
41.4M
25.4M
145.3M
197M
173.9M
350.5M
366.7M
167.4M
164.3M
122.1M
167.2M
160.9M
333.7M
272.2M
175.1M
156.5M
83.3M
66.2M
74.7M
66.8M
25.4M
5K
339.5M
145.3M
197M
173.9M
350.5M
366.7M
167.4M
164.3M
122.1M
167.2M
160.9M
333.7M
272.2M
175.1M
156.5M
83.3M
66M
74.7M
66.8M
25.4M
410.8M
161M
114.1M
-33.4M
27M
173M
46.5M
-120.9M
-77.6M
256.2M
-36.7M
90.4M
97.8M
24.3M
77M
18.9M
-13.2M
-11.8M
41.6M
-14.2M

SEC Filings

AGX - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
DEF 14A

DEF 14A 2026

N/A

April 21, 2026
June 10, 2026
2026
8-K

8-K 2026

N/A

April 08, 2026
April 08, 2026
2026
10-K

10-K 2026 FY

FY

March 26, 2026
January 31, 2026
2026
8-K

8-K 2026

N/A

March 26, 2026
March 26, 2026
2026
8-K

8-K 2025

N/A

December 11, 2025
December 11, 2025
2025
8-K

8-K 2025

N/A

December 04, 2025
December 04, 2025
2025
10-Q

10-Q 2025 Q4

Q4

December 04, 2025
October 31, 2025
2025
8-K

8-K 2025

N/A

November 07, 2025
November 06, 2025
2025
8-K

8-K 2025

N/A

October 30, 2025
October 30, 2025
2025
8-K

8-K 2025

N/A

September 10, 2025
September 10, 2025
2025
Showing 1 to 10 of 403 filings