profit from every $100 of sales.
$0$100
Argan
$306.48-2.81% today
-8.5% in 1 year
1-year low $261.211-year high $798.55
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
0%20% a year
You pay $31.21 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Argan sold, what it kept, and what it did with the cash.
Sales went from $455 million in 2023 to $945 million in 2026, with $138 million of profit last year.
SalesProfit
Argan handed back 8% of the cash it generated last year.
$24M
Free cash flow 2026$411M
Bought back its own shares$10M
Paid as dividends$24M
Cash vs. debt$339M vs. $3M
Argan vs. similar companies
Argan grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Argan | 31.2× · Expensive | ||
 Quanta Services | 88.2× · Very expensive | ||
 Larsen & Toubro | 35.4× · Expensive | ||
 Ferrovial | 45.3× · Expensive | ||
 Comfort Systems USA | 38.1× · Expensive |
AI analysis
An AI analyst reads Argan's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 392 | 509 | 455 | 573 | 874 | 945 | |
| 62 | 100 | 86 | 81 | 141 | 194 | |
| 23 | 45 | 42 | 36 | 88 | 135 | |
| – | – | 47 | 40 | 94 | 141 | |
| 24 | 38 | 33 | 32 | 85 | 138 | |
| 1.51 | 2.40 | 2.33 | 2.39 | 6.15 | 9.74 | |
| 15.8% | 19.6% | 19.0% | 14.1% | 16.1% | 20.5% | |
| 5.9% | 8.7% | 9.2% | 6.4% | 10.1% | 14.3% | |
| 6.1% | 7.5% | 7.3% | 5.6% | 9.8% | 14.6% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | 603 | 554 | 489 | 598 | 836 | 1,186 |
| Cash | 367 | 350 | 174 | 197 | 145 | 339 |
| Total debt | – | – | 2 | 3 | 3 | 3 |
| Total liabilities | 280 | 228 | 209 | 307 | 484 | 724 |
| 321 | 326 | 281 | 291 | 352 | 462 | |
| 16 | 16 | 14 | 14 | 14 | 14 | |
| 5.7% | 10.8% | 11.7% | 9.8% | 19.7% | 22.9% | |
| 7.4% | 11.7% | 11.8% | 11.1% | 24.3% | 29.8% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 176 | 28 | -30 | 117 | 168 | 415 | |
| 2 | 1 | 3 | 3 | 7 | 4 | |
| 174 | 27 | -33 | 114 | 161 | 411 | |
| Dividends paid | 47 | 16 | 14 | 15 | 18 | 24 |
| – | 20 | 68 | 12 | 2 | 10 | |
| 3 | 3 | 4 | 4 | 4 | 8 |
Valuation
- 31.2×
- 27.8×
- 0.69
- 7.9×
- 4.6×
- 10.5×
- 28.1×
- 9.6%
- 3.2%
- 0.3%
Profitability
- 20.5%
- 14.3%
- 14.6%
- 16.5%
- 23.5%
- 16.4%
- 36.9%
- 12.5%
- 31.6%
- –
Growth
- +19.2%
- +45.2%
- +155.2%
- −12.9%
- −0.1%
Financial health
- -2.4×
- 0.01
- 0.0%
- –
- 1.59
- 1.53
- 0.81
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 4%of 985
Top 25%of 988
Bottom 29%of 874
Top 14%of 989
Top 15%of 987
What analysts expect
- Average price target
- $420.67
- Range
- $369.00 – $518.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 26, 2026 | 3.47 | 1.99 | +74.4% |
| Dec 4, 2025 | 2.17 | 2.05 | +5.9% |
| Sep 4, 2025 | 2.50 | 1.99 | +25.6% |
| Jun 4, 2025 | 1.60 | 1.09 | +46.8% |
| Mar 27, 2025 | 2.22 | 1.15 | +93.0% |
| Dec 5, 2024 | 2.00 | 1.26 | +58.7% |
| Sep 5, 2024 | 1.31 | 0.97 | +35.1% |
| Jun 6, 2024 | 0.58 | 0.52 | +11.5% |
0.3%of the share price, paid each year
On $1,000 invested$3a year at today's yield, before tax
−12.9%2020 to 2025
Raised4 yearsin a row, in our data
Paid per share, each year
$0.70 in 2015 → $1.63 in 2025
How safe it looks
17.6% of its profit
Room to growStretchedMore than it earns: 5.9%
News
PATEO Advances In-Vehicle AI with NVIDIA Nemotron and ByteDance Doubao on its AI Box built on NVIDIA DRIVE AGX ThorYahoo Finance · Nov 3, 2026Argan expects to add a handful of new projects over the next 7 to 15 months while targeting 10 to 12 simultaneous jobsSeeking Alpha · Sep 3, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
5/7Passes 5 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
64Pass
Benjamin Graham
49No pass
Philip Fisher
72Pass
Peter Lynch
96Pass
Joel Greenblatt
26No pass
Charlie Munger
66Pass
Terry Smith
65Pass
Questions about Argan
Is Argan a good stock to buy?
A solid business, but the price is high. 5 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Argan AI analysis
What does Argan do?
Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market in the United States, Republic of Ireland, and the United Kingdom. It is in Engineering & Construction, based in Arlington, VA, United States, with 1,409 employees.
Does Argan pay a dividend?
Yes. At today's price the dividend is 0.3% a year, about 18% of its yearly profit. In 2026 it paid out $24.3 million in dividends.
Is Argan stock halal?
Yes. Argan passes our halal screen: its business is permitted and its debt is under 0.1% of its market value, under the 30% limit. How we check
How has Argan stock done over the past year?
Down 8.5% over the past twelve months, to $306.48. It traded between $261.21 and $798.55 and is 61.6% below its high.
Who are Argan's competitors?
The largest listed companies in the same industry are Quanta Services, Larsen & Toubro, Ferrovial and Comfort Systems USA. The peers table on this page compares their profit, growth and price with Argan's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.