Argan, Inc (AGX)

From the record

Argan, Inc's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Argan, Inc's 10 filed years say what it did: revenue went from $675 million in fiscal 2017 to $945 million in fiscal 2026, up 3.8% a year; it rose in 6 of 9 years; the deepest fall was 73% from fiscal 2018 to fiscal 2020; net income was positive in 9 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2026-01-31, Argan, Inc's diluted share count shrank about 0.1% a year, and dividends and buybacks returned about 12% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 46 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2026-01-31, Argan, Inc earned about 30 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 16 cents per dollar of everything the company owns. Leverage: it owed about 61 cents per dollar of assets, and net share issuance: its share count grew 1.7% over the year (the filed statements).

From the record

Argan, Inc's standing among 19 graded names in its industry family: revenue of $945 million in fiscal 2026 ranks in the top 21% by size; a net margin of 14.6% ranks in the top 8%; revenue growth of 27.6% a year over the last 3 filed years ranks in the top 29% (its annual reports).

From the record

Argan, Inc's leadership, from its insiders' filings and its current reports: the chief executive on the record is Watson, David Hibbert (PRESIDENT AND CEO, as filed), filing under that title since 2023-04-19, 3.6 years (top 36% of its family); the 13 officers and directors filing in the last fifteen months have been on the record a median of 11.8 years (top 10%); 2 officer or director changes were reported on Form 8-K since 2023-11-13, against the 13 people in charge now (top 19%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Argan, Inc's room to grow, from the newest filed statements (fiscal 2026): cash of $339 million against no long-term debt tagged leaves 28.6% of its assets as net cash, top 14% of its family; cash from operations less capital spending is 43.5% of revenue (top 3%); a gross margin of 20.5% (top 47%) (its annual report).

From the record

Argan, Inc's growth drivers, from the filed years to fiscal 2026: revenue grew 27.6% a year over the last three filed years against 3.8% over all 10, speeding up (top 13% of its family); the newest year grew 8.1% (top 50%); capital spending grew 4.8% a year (bottom 46%) (its annual reports). Argan, Inc reported 3 lines of business in fiscal 2026: Power Industry Services at $756 million, Industrial Construction Services at $168 million, Telecommunications Infrastructure Services at $21 million. 2 of 3 grew in the latest filed year, and the largest line is 80% of revenue (its annual report).

From the record

Argan, Inc's newest year against its own record: revenue of $945 million in fiscal 2026 came in 22% below the $1.2 billion its prior three years' pace pointed to (bottom 30% of its family); net income of $138 million against a prior three-year average of $50 million (top 10%); a net margin of 14.6% against 7.6% before (top 30%) (its annual reports).