Argan, Inc.

AGX Industrials Engineering & Construction

Argan, Inc.’s revenue for fiscal 2026 (year ended January 2026) was $944.6 million, up 8.06% from fiscal 2025.

Revenue
+61.5%
EPS
+47.9%
Free cash flow
+178.7%

Quarter to July 2026, against a year earlier

261.46 29.20 −10.05%
Market cap
$3.7B
P/E
20.3×
Fwd P/E
25.8×
Dividend yield
0.84%
F-score
6/9
Altman Z
6.04
Beneish M
−4.03
Dividend safety
86/100

Argan, Inc. (AGX) Free cash flow

Alert me on Free cash flow

Argan, Inc.'s free cash flow for fiscal 2026 was $410.8M, up 155.2% from $161.0M in fiscal 2025. Over the twelve months to 31 July 2026 it was $545.7M. Over the past ten years it has ranged from −$120.9M (fiscal 2019) to $410.8M (fiscal 2026) — the current reading is the highest in ten years. Free cash flow has risen for 3 consecutive fiscal years. Argan, Inc. ranks 9th of 46 Engineering & Construction companies by free cash flow.

Free cash flow, annual

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Annual newest first

Period Free cash flow Change
FY2026 $410.8M 155.18%
FY2025 $161.0M 41.10%
FY2024 $114.1M —
FY2023 −$33.4M —
FY2023 −$30.1M —
FY2022 $27.0M (5.00%)
FY2022 $28.4M (83.70%)
FY2021 $174.3M (0.21%)
FY2021 $174.7M 275.60%
FY2020 $46.5M (13.18%)

Quarterly newest first

Period Free cash flow Change
Jul 2026 $91.7M (17.34%)
Apr 2026 $111.0M (35.16%)
Jan 2026 $171.1M (0.46%)
Oct 2025 $171.9M 422.40%
43 more quarters

Against its own ten years

Low −$120.9M High $410.8M
Ten-year median $46.5M
Current reading's percentile 100

Free cash flow against peers

What Free cash flow is

Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.

Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)

The full definition of Free cash flow →

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