Skip to content

Argan AGX Industrial Fabrication And Field Services — Goodwill Impairment

Discontinued — last reported Q4 '20

Similar metrics at other companies

Clean Harbors logo
CLHIndustrialand Field Services — Goodwill Impairment
$0
APi Group logo
APGIndustrial Services — Goodwill Impairment
$98M
Graco logo
GGGIndustrial — Goodwill, Impairment Loss
$0
APi Group logo
APGIndustrial Services — Goodwill Impairment Loss At Business With Ongoing Operations
$58M0.0%
Genuine Parts logo
GPCIndustrial — Goodwill impairment charge
$0
Littelfuse logo
LFUSIndustrial — Goodwill And Intangible Asset Impairment
$14.8M

Other financials

Income statement

See full
Revenue$291.0M+50.2%
Gross profit$61.1M+65.8%
Operating income$45.4M+86.5%
Net income$46.1M+104%
EPS (diluted)$3.24+102%

Balance sheet

See full
Cash & equivalents$355.8M+88.0%
Total debt$6.4M+20.6%
Total equity$473.5M+30.1%
Total assets$1.3B+62.4%

Cash flow

See full
Operating cash flow$113.4M+221%
CapEx$2.4M+516%
Free cash flow$111.0M+218%

Valuation

See full
Market cap$10.36B+361%
P/E64.2×+41.8×
P/S9.9×+7.5×

Profitability

See full
Gross margin20.9%+3.3pp
Operating margin14.9%+3.3pp
Net margin15.5%+4.5pp
FCF margin46.7%+27.1pp

Returns & leverage

See full
Return on equity38.5%+8.0pp
Debt / equity0.0×
Current ratio1.5×-0.2×

Where this comes from

Reported directly by Argan in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Argan’s 10-K, filed April 13, 2022, on SEC EDGAR. View the filing →

Questions, answered.

What does industrial fabrication and field services — goodwill impairment mean?
A non-cash loss recorded when the value of a previously acquired business segment is deemed lower than its book value.
How do you interpret industrial fabrication and field services — goodwill impairment?
Any impairment loss is a negative signal, indicating a write-down of asset value and potential past strategic missteps.
How does industrial fabrication and field services — goodwill impairment compare across companies?
Standard impairment testing metric across all industries.