ARGAN INC (AGX)
Industrials · Engineering and construction services · NYSE
Argan is a diversified engineering and construction firm serving power generation, industrial, and teledata infrastructure markets across the U.S. and internationally.
What ARGAN INC does
Argan, Inc. is primarily an engineering and construction firm operating through three business segments: Power, Industrial, and Teledata. The Power segment provides full-service EPC (engineering, procurement, construction) services for large-scale energy projects including combined-cycle plants, solar fields, wind farms, and battery storage, serving independent power producers and utilities in the U.S., Ireland, and the U.K. The Industrial segment delivers on-site construction and maintenance services for industrial operations in the Southeast U.S., including fabrication and installation of metal components. The Teledata segment provides project management, construction, installation, and maintenance services for power distribution and data networks, serving commercial, industrial, and government customers in the Mid-Atlantic region.
Themes: ["Power generation EPC / energy infrastructure","Renewable energy (solar, wind)","Battery storage and grid infrastructure","Data center power infrastructure","Industrial construction and maintenance","Electric vehicle / grid modernization","Telecom and data network infrastructure"]
Fundamentals
- Price$687.49 as of 2026-07-09 close
- Market cap$9.8B as of 2026-07-10
- 1-year return+232.7% as of 2026-07-09 close
- P/E60.65 as of 2026-07-10
- Net margin+15.5% as of 2026-07-10
- Gross margin+20.9% as of 2026-07-10
- ROE+36.9% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+14.5% as of 2026-07-10
- Revenue CAGR (3y)+27.6% SEC XBRL
- Beta0.60 as of 2026-07-10
Dividend: yield +0.3%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Project execution risks and delays from factors beyond company control, including project owner decisions and permitting delays","Exposure to aging power plant fleet retirements and uncertainty in timing of capacity replacement projects","Concentration risk with Power segment representing over 80% of consolidated revenues, dependent on EPC project awards"]
Competitors & peers
- Fluor Corporation (FLR)
- Jacobs Engineering Group (J)
- AECOM (ACM)
- Kellogg Company (now Arcadis)
- Granite Construction (GVA)
- Quanta Services (PWR)
- MasTec (MTZ)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.